Ophthalmic equipment market report forecasts revenue growth at regional, & country levels & provides an analysis on latest industry trends in each of sub-segments from 2019 to 2024. However, the high cost of ophthalmology devices and increasing adoption of refurbished ophthalmic devices is expected to hinder the growth of this market up to a certain extent.
The ophthalmic equipment market is segmented into consumers, hospitals, specialty clinics & ambulatory surgery centers (ASCs), and other end users (medical education centers, eye research institutes, and laboratories). In 2017, the consumers segment accounted for the largest share of the ophthalmic equipment market. root canal treatment with microscope
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Top Trends in Ophthalmic Equipment Market and Set to Grow Till US$ 58.44 Billion by FY 2023.
Research has segmented the global ophthalmic equipment market report on the basis of product, application, and region. The ophthalmic equipment market was valued at USD 47.73 Billion in 2017 and is expected to reach USD 58.44 Billion by 2023, at a CAGR of 3.5%.
Optometry equipment market are usually operated by optometrist or ophthalmologist to examine, diagnose, treat, and manage diseases and disorders of the visual system, the eye, and deformities associated with eye structures as well as diagnose eye related systemic disorders. Optometry equipment include set of equipment used for cornea and cataract examination, retina and glaucoma examination and for general examination purposes.
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Geographically, the ophthalmic equipment market is broadly segmented into five major geographies, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa. In 2017, North America commanded a major share of the ophthalmic equipment market.
Reasons to Access the Report
Operating Microscope For Ophthalmology The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to enhance their market presence.