Ophthalmic Equipment Market Size and Analysis, Trends, Recent Developments, and

1. Ophthalmic equipment Market Size Worth USD 5.85 Billion in 2030 www.emergenresearch.com Advancements in number of surgical instruments in ophthalmic medicine is a major factor driving market revenue growth

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5. Market Summary The global Ophthalmic Equipment Market size was USD 60.49 Billion in 2021 and is expected to register a revenue CAGR of 5.0% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of glaucoma, cataracts, and other ocular conditions, increasing need for Research & Development (R&D) due to prevalence of eye-related diseases, need for improved patient outcomes, and use of cutting-edge technologies are major factors driving market revenue growth. Ophthalmology deals with function, structure, and other diseases of eye. Ophthalmic devices are used to diagnose, monitor, and prevent eye disorders such as glaucoma and cataracts. In addition, market revenue growth is also driven by development of technologically advanced products and favorable reimbursement policies in a variety of optical procedures. Moreover, increasing research & development to treat eye problems such as diabetic retinopathy, vitreo retinal disorders, cataract, and other eye-based diseases is also expected to drive revenue growth of the market. A significant restraining factor is presence of various side effects, such as astigmatism, flap problems, regression, vision loss or changes, and others. In addition, because of the aforementioned negative effects, patients are significantly less likely to have optical procedures, which is projected to have an adverse influence on revenue growth of the ophthalmic equipment market. Read More : https://www.emergenresearch.com/industry-report/ophthalmic-equipment-market www.emergenresearch.com

6. Market Summary Some Key Highlights From the Report The cataract segment accounted for largest revenue share in 2021 due to improving function of cataract in progression of blindness. The aforementioned factor motivates global ophthalmological community to conduct more research and development on cataracts and create cutting-edge methods for preventing cataract-related blindness. The Optical Coherence Tomography (OCT) segment accounted for largest revenue share in 2021. This is due to growing significance of OCT scanners for producing high definition anatomical images of various optical regions, including retina, to permit improved disease analysis. OCT is widely employed in diagnosis of illnesses, such as glaucoma, Age-related Macular Degeneration (AMD), and diabetic eye. The hospitals segment accounted for largest revenue share in 2021. This is due to increasing patient load brought on by growth in prevalence rate of visual illnesses such as age-related macular degeneration, cataract, diabetic retinopathy, glaucoma, and various other disorders. The North America market accounted for largest revenue share in 2021. This is attributed to rising number of grants from various government and non-government organizations in this region. In addition, another factor driving market revenue growth is rise in blindness issues in the U.S. Request Free Sample @ https://www.emergenresearch.com/request-sample/1517 www.emergenresearch.com

7. Market Summary • Emergen Research has segmented the global ophthalmic equipment market based on medical application, product type, end-use, and region: • Medical Applications Outlook (Revenue, USD Billion; 2019-2030) • Cataract • Retinal Disorders • Others • Product Type Outlook (Revenue, USD Billion; 2019-2030) • Optical Coherence Tomography Scanners • Ophthalmoscope • Others • End-use Outlook (Revenue, USD Billion; 2019-2030) • Hospitals • Clinics • Research Laboratory • Others • Request customization @ https://www.emergenresearch.com/request-for-customization/1517

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