Chicago, IL -- (SBWIRE) -- 12/28/2021 -- Global Ophthalmic Devices Market, By Product (Vision Care Products, Surgical Devices, Diagnostic & Monitoring Devices), Vision Care (Spectacles, Contact Lenses), Surgical Devices (Cataract Surgical Devices, Ophthalmic Viscoelastic Devices, Vitreoretinal Surgical Devices, Refractive Surgical Devices, Glaucoma Surgical Devices, Ophthalmic Microscopes, Ophthalmic Surgical, Accessories), Diagnostic & Monitoring Devices (Ophthalmoscopes, Chart Projectors, Fundus Cameras, Lensometers, Ophthalmic Ultrasound Imaging Systems, Autorefractors & Keratometers, Optical Biometry Systems, Optical Coherence Tomography Scanners, Phoropters, Retinoscopes, Slit Lamps, Specular Microscopes, Tonometer, Wavefront Aberrometers, Indirect Ophthalmic Lens)- Estimation & Forecast till 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider Ophthalmic Devices market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Ophthalmic Devices market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

Download Free Sample Copy of 'Ophthalmic Devices market' Report @
https://reportocean.com/industry-verticals/sample-request?report_id=ARS165

Key Segments Studied in the Global Ophthalmic Devices Market
Market Introduction
The global ophthalmic devices market valued at market size of USD 38,120.4 Million in 2020 and is expected to reach USD 57,571.4 Million by 2027. The global ophthalmic devices market is anticipated to grow at a CAGR of 6.5% over the forecast period.
Ophthalmology is a branch of medical field that studies the structure, function, and eyes related diseases. Ophthalmic devices are medical devices used for vision correction, surgery, and diagnosis. Due to the rising cases of various ophthalmic disorders such as glaucoma, cataracts, and other vision-related issues, these devices have gained popularity in the recent years.
Ophthalmic devices market is a highly fragmented, with the presence of international and local players across various regions. This results in increased competition in the market. Market players are continuously focusing on development of technologically advanced ophthalmic devices, to ensure early detection of eye-diseases.

Growth Influencers
Growing prevalence of eye related issues and disorders
The need for eye care is anticipated to increase dramatically in the coming decades across the globe, posing a considerable challenge to health systems. Continuous increase in the number of eye related issues and loss of eyesight has become a global concern. The rising cases of chronic diseases like diabetes and hypertension has aided in the spread of eye problems. As per World Health Organization (WHO), globally at least 2.2 billion people have a vision impairment or blindness, of whom at least 1 billion have a vision impairment that could have been prevented or has yet to be addressed. Tens of millions have a severe vision impairment and could benefit from rehabilitation which they are not currently receiving. Due to this, governments of various countries are taking necessary steps to improve the eye facilities, which in turn is expected to drive the demand for ophthalmic devices at a huge pace, in the forthcoming years.
Increased adoption of advanced technologies is anticipated to promote the market growth
Remarkable advancements have been made in the technology being used by ophthalmologists across all the globe. These technological advancements are improving the outcomes through simplification of treatment procedures for eye illness for curing incurable disorders. Huge investments are also being made to develop more advanced technologies and devices which is expected to boost the demand for ophthalmic devices in the forthcoming years.
High cost of ophthalmic devices is restraining the market growth
High cost of ophthalmic devices is one of the most crucial factors, restraining the market growth. Whereas, dearth of skilled professionals in developing countries is anticipated to create a hindrance in the market growth.

Segments Overview
The global ophthalmic devices market is segmented into product, vision care, surgical devices, diagnostic & monitoring devices, and end-users

By Product
- Vision Care Products
- Surgical Devices
- Diagnostic & Monitoring Devices
Based on product, the vision care products segment is estimated dominate the market, with the largest share of more than 55% of ophthalmic devices market in 2020. Whereas, surgical devices segment is estimated to grow at a highest CAGR of 6.9% during the forecast period.
By Vision Care
- Spectacles
- Contact Lenses

Based on vision care, contact lenses segment is forecasted to grow at a highest CAGR of 7.2% during the forecast period.

By Surgical Devices
- Cataract Surgical Devices
- Ophthalmic Viscoelastic Devices
- Vitreoretinal Surgical Devices
- Refractive Surgical Devices
- Glaucoma Surgical Devices
- Ophthalmic Microscopes
- Ophthalmic Surgical
- Accessories

Based on surgical devices, cataract surgical devices segment is forecasted to dominate the market with a share of more than 35% of ophthalmic devices market in 2020. The segment is estimated to continue this dominance during the forecast period.

By Diagnostic & Monitoring Devices
- Ophthalmoscopes
- Chart Projectors
- Corneal Topography Systems
- Fundus Cameras
- Lensometers
- Ophthalmic Ultrasound Imaging Systems
- Autorefractors & Keratometers
- Optical Biometry Systems
- Optical Coherence Tomography Scanners
- Phoropters
- Retinoscopes
- Slit Lamps
- Specular Microscopes
- Tonometers
- Wavefront Aberrometers
- Indirect Ophthalmic Lens

The diagnostic & monitoring devices market is estimated to be dominate by ophthalmic ultrasound imaging systems segment. The segment is estimated to capture more than 13% of the market in 2020.
By End Users
- Consumers
- Hospitals
- Specialty Clinics & Ambulatory Surgery Centers
- Other End Users

Based on end users, the consumers segment is estimated to capture the largest market share in 2020.

Regional Overview
On the regional basis, the global ophthalmic devices market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America is dominating the global ophthalmic devices market. Growing number of eye related diseases in U.S. is one of the most important factors attributed to the dominance of North America region. Whereas, Europe region is expected to follow North America, and capture the second largest share of market in 2020.

Competitive Landscape
Key players operating in the market include Alcon, Bausch + Lomb, Canon Inc., Carl Zeiss Meditec AG, Clearlab SG PTE, Ltd., EssilorLuxottica SA, Glaukos Corporation, Haag-Streit Holding, HEINE Optotechnik, Hoya Corporation, Johnson & Johnson Vision, Lumenis,Luneau Technology Group, Neo Vision, Nidek Co. Ltd., OcuLentis, STAAR Surgical Company, Topcon Corporation, Ziemer Ophthalmic Systems AG, Marco, Kowa Optimed. Inc., Oculus Inc., Reichert, Inc., Beye, LLC(Keeler), CSO srl, Takagi, Rexxam, Inami, Welch Allyn, Huvitz, Plusoptix, Tomey, Volk, Ellex Medical Laser Limited, Iridex Corp. among others. The major 10 players in the market accounted for a cumulative market share of nearly 70% in 2020.

The global ophthalmic devices market report offers insights on the below pointers:
1. Market Penetration: The research report provides comprehensive data on the market offered by the prominent players
2. Market Development: The report offers detailed analysis about emerging markets and examines penetration across mature segments of the markets
3. Market Diversification: The research report offers comprehensive information about untapped geographies, recent developments, and investments
4. Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches, collaborations in the market have been provided in this research report. In addition, the report also includes a SWOT analysis of the leading market players.

The global ophthalmic devices market report answers questions such as:
1. What is the market size and forecast of the global ophthalmic devices market?
2. What are the inhibiting factors and impact of COVID-19 on the global ophthalmic devices market during the assessment period?
3. Which are the products/segments/applications to invest in over the assessment period in the global ophthalmic devices market?
4. What are the technology trends in the global ophthalmic devices market?
5. What strategies are considered favourable for entering the global ophthalmic devices market?
Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.

The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline

For more information or any query mail at sales@reportocean.com
Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on: Report Ocean provides complete tailor-made market reports that deliver vital market information on industry. Our market reports include:
- Market Sizing and Structuring
- Micro and macro analysis
- Regional dynamics and Operational landscape
- Demographic profiling and Addressable market
- Legal Set-up and Regulatory frameworks
- Profitability and Cost analysis
- Segmentation analysis of Market
- Existing marketing strategies in the market, Best practice, GAP analysis
- Competitive landscape, Leading market players, Benchmarking
- Future market trends and opportunities – Scenario modeling

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter's Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

(Check Our Exclusive Offer: 30% to 40% Discount)
https://reportocean.com/industry-verticals/sample-request?report_id=ARS165

Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis Our team will be able to provide clear answers, identify key opportunities, new investments, and recommend high quality strategy routes in the market. These answers will include a holistic analysis of the:
- Existing market infrastructures
- Market challenges and opportunities
- Potential for growth in certain industries in the coming years
- End-consumer target groups and their potential volumes of operation
- Best regions and segments to target
- Pros and cons of various promotion models
- Touch points and an opportunity breakdown within the value chain
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.

The Study Explore COVID 19 Outbreak Impact Analysis

- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?

Inquire more and share questions if any before the purchase on this report at
https://reportocean.com/industry-verticals/sample-request?report_id=ARS165

Key Points Covered in Ophthalmic Devices Market Report:

Global Ophthalmic Devices Market Research Report
Section 1: Global Ophthalmic Devices Industry Overview
Section 2: Global Economic Impact on Ophthalmic Devices Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Ophthalmic Devices Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Ophthalmic Devices Market Forecast
……..and view more in complete table of Contents

Browse Premium Research Report with Tables and Figures at @ https://reportocean.com/industry-verticals/sample-request?report_id=ARS165

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is "one-stop solution" for individuals, organizations, and industries that are looking for innovative market research reports.