Ophthalmic Diagnostic Equipment Market To Surpass US$ 4,064.5 Million By 2027

1. OPHTHALMIC DIAGNOSTICS EQUIPMENT MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Ophthalmic Diagnostics Equipment Market - Overview Ophthalmic diagnostic equipment are used for treatment of eye diseases and include fundus cameras, optical coherence tomography scanners, ophthalmic ultrasound imaging systems, tonometers, slit lamps, and corneal topographers. Other devices include refractive devices, vitreoretinal surgery devices, and cataract and glaucoma devices. The global Ophthalmic Diagnostic Equipment Market is estimated to account for US$ 4,064.5 Mn in terms of value by the end of 2027. Increasing incidence of refractive errors, cataract, diabetic retinopathy, and age-related macular degeneration is expected to propel growth of the global ophthalmic diagnostic equipment market over the forecast period. For instance, according to the study, ‘The national and subnational prevalence of cataract and cataract blindness in China: a systematic review and meta-analysis’, published in the Journal of Global Health in June 2018, the prevalence of any cataract ranged from 6.71% in people aged 45-49 years to 73.01% in elderly aged 85-89 years in males. Global Ophthalmic Diagnostic Equipment Market: Opportunities Increasing initiatives of various organizations to raise funding for R&D in eye care is expected to offer lucrative growth opportunities for market players. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/ophthalmic-diagnostics-equipment-market-3207 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Global Ophthalmic Diagnostic Equipment Market: Restraints High cost of swept-source optical coherence tomography (OCT) is expected to hinder growth of the global ophthalmic diagnostic equipment market. Key Takeaways: The Optical Coherence Tomography (OCT) segment in the global ophthalmic diagnostic equipment market was valued at US$ 677.8 Mn in 2018 and is expected to reach US$ 1,138.0 Mn by 2027 at a CAGR of 6.3% during the forecast period. The growth of the segment is attributed to increasing technological advancement for development of new product. The hospitals segment held dominant position in the global ophthalmic diagnostic equipment market in 2018, accounting for 43.2% share in terms of volume, followed by clinics respectively. The growth of the segment is attribute to increasing patient population during the forecast period. Market Trends The global ophthalmic diagnostic equipment market is witnessing increasing M&A activities. For instance, in October 2019, SP Industries, Inc., a Harbour Group company, acquired Irta Dosificacio I Technologia S.L. i-Dositecno – a provider of complete sterile filling lines for pharmaceutical, cosmetic, and ophthalmic applications. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3207 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Key players in the market are focused on offering free cloud storage for OCT devices. For instance, in December 2018, Topcon Medical Systems began offering 20GB of free storage on the new Topcon Cloud platform for its OCT product line. Global Ophthalmic Diagnostic Equipment Market: Competitive Landscape Major players operating in the global ophthalmic diagnostic equipment market include, Notal Vision, Inc., Topcon Corporation, Bausch + Lomb, ZEISS International, Ellex, Quantel Medical, Nidek Co., Ltd., Haag-Streit Group, Halma plc., Coburn Technologies Inc., and Kowa Company Ltd. Global Ophthalmic Diagnostic Equipment Market: Key Developments Key players in the market are focused on gaining product approval to expand their product portfolio. For instance, in October 2019, Avellino Labs’ AvaGen Genetic diagnostic test for keratoconus and corneal dystrophies received CLIA certification. Key players in the market are focused on adopting partnership strategies to expand their product portfolio. For instance, in October 2019, TECLens, a medical device manufacturer, partnered with SERVImed Industrial Spa, an ophthalmic medical devices manufacturer and distributor, for development and FDA approval of a new combination product for the treatment of keratoconus. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3207 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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