The ophthalmic diagnostic devices market size is expected to grow by USD 0.98 billion and record a CAGR of 6% during 2019-2024.
This post-pandemic global ophthalmic diagnostic devices market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this ophthalmic diagnostic devices market analysis report, key drivers such as the increasing prevalence of ophthalmic diseases have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede the market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Ophthalmic Diagnostic Devices Market Size be in 2020?
Browse TOC and LoE with selected illustrations and example pages of the Ophthalmic Diagnostic Devices Market
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Who are the Key Vendors in the Ophthalmic Diagnostic Devices Market?
The ophthalmic diagnostic devices market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
- Alcon Inc.
- AMETEK Inc.
- ARC Laser GmbH
- Bausch Health Companies Inc.
- Carl Zeiss Meditec AG
- Danaher Corp.
- IRIDEX Corp.
- Nikon Corp.
- Optovue Inc.
- Topcon Corp
The ophthalmic diagnostic devices market is fragmented and the vendors are deploying various growth strategies to compete in the market.
This ophthalmic diagnostic devices market report further entails segmentations by Product (OCT, Fundus camera, Perimeters, Biometers, and other ophthalmic diagnostic devices) and Geographic Landscape (APAC, Europe, MEA, North America, and South America). To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments.
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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the ophthalmic diagnostic devices market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The technological advances will significantly influence the biofuel market growth in this region.
35% of the market’s growth will originate from North America during the forecast period. The US is the key market for ophthalmic diagnostic devices market in the region. This report provides estimations of the contribution of all regions to the growth of the ophthalmic diagnostic devices market size.
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What are the Key Factors Covered in this Ophthalmic Diagnostic Devices Market Report?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive ophthalmic diagnostic devices market growth during the next five years
- Precise estimation of the ophthalmic diagnostic devices market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the ophthalmic diagnostic devices market industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of ophthalmic diagnostic devices market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- OCT - Market size and forecast 2019-2024
- Fundus camera - Market size and forecast 2019-2024
- Perimeters - Market size and forecast 2019-2024
- Biometers - Market size and forecast 2019-2024
- Other ophthalmic diagnostic devices - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Alcon Inc.
- AMETEK Inc.
- ARC Laser GmbH
- Bausch Health Companies, Inc.
- Carl Zeiss Meditec AG
- Danaher Corp.
- IRIDEX Corp.
- Nikon Corp.
- Optovue Inc.
- Topcon Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations