Overview


According to FutureWise analysis the market for advanced ophthalmology technologies is expected to register a CAGR of 6.70% from 2023-2031.

Advanced ophthalmology technologies refer to advanced tools and techniques used in eye care and vision correction. These technologies have significantly improved the diagnosis, treatment, and management of various eye conditions and vision problems. Ophthalmic devices cover many design types, such as glasses, contact lenses, implants, surgical instruments, etc. Technological innovation has always been fundamental to ophthalmology, as its primary object of study -the eye, is an organ of small structures that requires specific equipment to be correctly observed.

Integrating teleoptometry and telemedicine with portable devices has enhanced convenience and accessibility in eye care and optometry services. These innovations enable health specialists to conduct detailed eye examinations, eliminating patients who remotely need to be physically present in a clinic or office. One notable application is the diagnosis of diabetic retinopathy in patients with Type 2 diabetes. Specialized devices equipped with advanced imaging technology can capture high-resolution images of the retina. Health professionals, even from remote areas, can remotely control these devices to get the necessary images and thoroughly assess the patient's eye health. This expedites the diagnostic process and allows for early detection and intervention, reducing the risk of vision loss in diabetic patients. Furthermore, teleoptometry software has made it possible to track the progress of vision therapy performed at home. Patients undergoing vision therapy can use portable devices to record their sessions, and the data can be safely transmitted to their optometrists or ophthalmologists.

FutureWise Market Research has published a report that provides an insightful advanced ophthalmology technologies market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, advanced ophthalmology technologies market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.

  • Johnson and Johnson Services
  • Novartis AG
  • Alimera Sciences
  • Teva Pharmaceuticals
  • Bausch and Lomb Incorporated
  • CooperVision
  • Alcon Vision LLC
  • Carl Zeiss Meditec AG
  • Essilor International S.A.
  • Ziemer Ophthalmic Systems Ltd.
  • Topcon Corporation.
  • Nidek Co. Ltd.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent Developments in Advanced Ophthalmology Technologies Market:

  • In January 2021, Alcon Inc. announced the launch of AcrySof IQ Vivity in the U.S., a presbyopia-correcting intraocular lens (IOL). This lens is designed to improve vision quality and provide an extended depth of focus for patients with presbyopia, a common age-related condition.

Increasing technological advancements in ophthalmic technologies, including laser eye surgery, diagnostics, and the integration of artificial intelligence, are poised to drive market growth during the projection period. These innovations expand the range of patient treatment options and improve overall patient outcomes. These technological progress in ophthalmic technologies are revolutionizing the field by delivering safer, more accurate, and minimally invasive treatment modalities. Laser eye surgeries, for example, provide quicker healing times and reduced risk. At the same time, AI-powered diagnostics empower healthcare providers with data-driven insights for early disease detection and personalized treatment strategies. Additionally, integrating teleoptometry and telemedicine with portable devices has emerged as a significant driver in advancing eye care and optometry services. This integration facilitates convenience and accessibility, helping patients to receive remote consultations, vision assessments, and prescription renewals through smartphones or other portable devices. Such innovation caters to patients in remote or developing regions. It aligns with the growing trend of telehealth, enhancing overall access to convenient eye care services and further propelling the market growth. Furthermore, the high cost of ophthalmic surgical procedures is expected to hinder the growth of the advanced ophthalmology technologies market. These expensive surgeries may pose a significant economic burden on patients, limiting access for those without adequate insurance coverage. Additionally, the cost factor might inhibit healthcare institutions from investing in the latest surgical equipment and technologies, potentially slowing the adoption of advanced ophthalmic technologies. Moreover, the shortage of skilled ophthalmologists and the lower penetration of advanced ophthalmology technologies in developing regions create significant constraints to the market growth. The lack of specialized eye care professionals, especially in rural and developing areas, restricts the delivery of advanced treatments and diagnostics to those in need, further hindering the market growth in ophthalmology advancements.

By Type

  • Diagnostic
    • Optical Coherence Tomography Scanners
    • Ophthalmic Ultrasound Imaging Systems
    • Wavefront Aberrometers
    • Optical Biometry Systems
    • Corneal Topography Systems
    • Specular Microscopes
    • Others
  • Therapeutic
    • Ophthalmic Lasers
    • Surgical Devices

By End User

  • Hospitals
  • Ophthalmic clinic
  • ASCs

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. Owing to the adoption of cutting-edge ophthalmology technology, increasing R&D investments, large patient pool, technological advancements by key companies, as well as the increased prevalence of eye illnesses such as age-related macular degeneration, diabetic retinopathy and glaucoma, and frequent launch of ophthalmic devices based on advanced ophthalmology technologies in the U.S. is expected to fuel the market. For instance, Bausch & Lomb developed a new generation of multifocal contact lenses designed for daily wear, providing nearsighted patients with clear vision at a distance and reading glasses functionality. Therefore, such innovations are anticipated to drive market growth over the forecast period in the area.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the Advanced Ophthalmology Technologies Market By Type, By End User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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  • The customisations offered are free of charge with purchase of any license of the report
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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Advanced Ophthalmology Technologies Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Type Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Advanced Ophthalmology Technologies Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Advanced Ophthalmology Technologies Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Type Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Type Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Advanced Ophthalmology Technologies Market, By Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Diagnostic
         1.1. Optical Coherence Tomography Scanners
         1.2. Ophthalmic Ultrasound Imaging Systems
         1.3. Wavefront Aberrometers
         1.4. Optical Biometry Systems
         1.5. Corneal Topography Systems
         1.6. Specular Microscopes
         1.7. Others
        2. Therapeutic
         2.1. Ophthalmic Lasers
         2.2. Surgical Devices

  • 8.   Advanced Ophthalmology Technologies Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Ophthalmic clinic
        3. ASCs

  • 9.   North America Advanced Ophthalmology Technologies Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 10.   Latin America Advanced Ophthalmology Technologies Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 11.   Europe Advanced Ophthalmology Technologies Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 12.   Asia Pacific Advanced Ophthalmology Technologies Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 13.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 14.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 15.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Johnson and Johnson Services
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Novartis AG
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Alimera Sciences
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Teva Pharmaceuticals
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Bausch and Lomb Incorporated
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. CooperVision
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Alcon Vision LLC
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Carl Zeiss Meditec AG,
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Essilor International S.A.
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Ziemer Ophthalmic Systems Ltd.
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11. Topcon Corporation.
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12. Nidek Co. Ltd.
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview

  • 16.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 17.   FutureWise SME Key Takeaway Points for Client
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