9 global ophthalmic device market trends

9 global ophthalmic device market trends

The global ophthalmic devices market is predicted to reach $65 billion by 2025.

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In the "Global Ophthalmic Devices Market, Major Deals, Trends, Key Players Analysis, Recent Developments - Forecast to 2025" report, the market is predicted to reach $65 billion by 2025. Used in the identification and treatment of ocular defects or deficiencies and eye disorders, ophthalmic medical devices are designed for diagnostics, surgical, and vision correction purposes and are continuously gaining increased importance and adoption due to the high prevalence of various ophthalmic diseases such as glaucoma, cataract, and other vision-related issues.

  1. Vision care segment dominated overall ophthalmic devices market
  2. Surgical instruments devices held the second highest share of overall ophthalmic devices market
  3. Diagnostic & monitoring expected to grow at the fastest rate during the forecast period
  4. Contact lens held the largest share of the ophthalmic devices market
  5. Cataract surgery devices accounted for second-highest share of the total ophthalmic devices market
  6. Retinal surgery devices – third largest product segment of the ophthalmic devices market in 2018
  7. Global market for fundus cameras valued at $430 million in 2018
  8. Global optical coherence tomography (OCT) scanner market poised to grow at a CAGR of around 9.5% during through 2025
  9. Global cataract surgery devices market projected to reach $9 billion mark by 2025