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Ophthalmic Devices Market Share

  • Report ID: GMI2917
  • Published Date: Jun 2021
  • Report Format: PDF

Ophthalmic Devices Market Share

Some of the major companies operating in the market are:

  • Essilor International
  • Johnson and Johnson Vision Care
  • CooperVision AG
  • Bausch
  • Lomb Inc
  • Hoya Corporation
  • Nidek Co Ltd
  • Topcon Corporation
  • Alcon Inc
  • Carl Zeiss AG

The major participants focus on strategic collaborations, mergers and partnerships in order to expand their business and launch new products to strengthen the product portfolio. Furthermore, these leaders are investing in research and development activities that allow these players to garner maximum revenue share.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The market for ophthalmic devices was valued at around USD 39.4 billion in 2020 and will grow at a moderate CAGR of more than 3.3% between the period 2021 and 2027.

The surgical devices segment garnered over 23% revenue share in 2020 and will expand due to the trend for minimally invasive surgical procedures.

The hospital segment was valued at around 24% market share in 2020 and will surpass USD 9.63 billion through 2027 owing to the availability of novel technologies, quality care and high success rate.

The U.S. ophthalmic devices market accounted for more than USD 13.65 billion in 2020 and will expand with factors such as adoption of advanced ophthalmic devices and product launches.

Ophthalmic Devices Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 10
  • Tables & Figures: 588
  • Countries covered: 17
  • Pages: 340
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