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Classified in: Health, Covid-19 virus
Subject: SVY

Tech-enhanced Ophthalmic Diagnostics Equipment Key to Growth: Future Market Insights Study

DUBAI, UAE, July 16, 2020 /PRNewswire/ -- Prominent market research firm Future Market Insight has published a report on the ophthalmic diagnostic equipment market for the 2020-2030 forecast period. According to it, the market is anticipated to register a yearly growth of 5% throughout 2020.

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The number of visually impaired patients globally is estimated to be around 2.2 billion people, out of which at least 1 billion have a vision impairment which was easily preventable, according to the World Health Organization. Majority of these people are in the geriatric bracket, aged above 50 years. Considering these high numbers, investments in ophthalmic diagnostics has augmented in recent years.

Technological advancements have deeply penetrated the healthcare industry and ophthalmology is no exception. Various sophisticated imaging and surgical procedures have made inroads in this field, promoting immense growth since the past few years. The advent of optical coherence tomography (OCT) has revolutionized ophthalmic care. OCT has long evolved from being solely time domain-based to frequency, spectral and Fourier domains. OCT techniques have been increasingly employed to analyze toric intraocular lens alignment and correct any anomalies.

Leading market vendors are increasingly incorporating this technology in order to provide efficient eye-care to ophthalmic patients. However, the COVID-19 pandemic has dampened near-term growth prospects as hospital and clinical visits have stopped due to mandatory social distancing measures implemented to curb the pandemic's spread. This is anticipated to induce sluggishness in the ophthalmic diagnostic equipment market.

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"Existing ophthalmic diagnostic equipment players are seeking to penetrate new regions in the hope of widening their customer base and generate a new revenue ecosystem. This geographical expansion will allow stakeholders to experiment with various technological tools across a diverse patient pool, enabling them to undertake a better assessment," infers an FMI analyst.

Key Takeaways from the Ophthalmic Diagnostic Equipment Report

Ophthalmic Diagnostic Equipment Market- Key Trends

Ophthalmic Diagnostic Equipment Market- Region-wise Analysis

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-771

Ophthalmic Diagnostic Equipment Market- Competitive Landscape

The global ophthalmic diagnostic equipment market is dominated by prominent players such as Topcon Corp., Danaher Corp., IRIDEX Corp., Optovue Inc., and Nikon Corp to name a few.

Market players are emphasizing immensely on technological advancements to secure a firm footing in the global landscape. They are also relying on partnerships and collaborations with other players. For instance, IBM Watson collaborated with Topcorn Corporation to fast-track their agreement on developing products to improve diagnosis and treatment of eye diseases in June 2020.

Product launches are another strategy for enhancing revenue pools. IRIDEX, for example, manufactures the MicroPulse P3 Device for non-incisional and versatile glaucoma treatment with transscleral laser therapy. Likewise, Nikon Corporation has designed a new fundus camera to acquire retina images for the detection of eye-disorders at an early stage.

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Ophthalmic Diagnostic Equipment Market Taxonomy

Product Type



North America

Latin America


East Asia

South Asia



@Ask for Country-specific Data for the Ophthalmic Diagnostic Equipment Market@ https://www.futuremarketinsights.com/ask-regional/rep-gb-771

More about the Ophthalmic Diagnostic Equipment Report

Future Market Insights offers a unique perspective and actionable insights on the ophthalmic diagnostic equipment market in its latest study, presenting historical demand assessment from 2015 ? 2019 and projections from 2020?2030 based on product type (Fundus Cameras, Retinal Ultrasound Imaging Systems, Refractors, Slit Lamps, Perimeters, Ophthalmoscopes, Tonometer, Optical Coherence Tomography (OCT), Corneal Topography Systems), by end user (Hospitals, Clinics, Ambulatory Surgical Centers) in seven key regions.

Explore Extensive Coverage of FMI's Ophthalmic Care Reports

Ophthalmic Knives Market: FMI's elaborate coverage on the ophthalmic knives market offers a comprehensive analysis of key strategies, business models and market shares of prominent players for the 2018-2028 assessment period.

Eye Infections Treatment Market: Increase in the geriatric population cohort shall push the eye infections treatment market to the US$ 10 Bn revenue mark by the end of the forecast period 2020-2030, according to recent intelligence by FMI.

Retinal Biologics Market: Investigate FMI's 360-degree analysis on the retinal biologics market, segmented on the basis of drug class, indication and distribution channel across prominent regions for the forecast period 2018-2028.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.


Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com 
For Media Enquiries: press@futuremarketinsights.com

COVID-19 Impact Assessment Tracker: https://www.futuremarketinsights.com/covid19impactanalysis 
Report: https://www.futuremarketinsights.com/reports/ophthalmic-diagnostic-equipment-market 
Press Release Source: https://www.futuremarketinsights.com/press-release/ophthalmic-diagnostic-equipment-market

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