Global Ophthalmic Equipment Market

Feb 2020| VMR1717A| Verified Market Research

Report Highlights

Ophthalmic Equipment Market

According to Verified Market Research, Global Ophthalmic Equipment Market was valued at USD 46.93 Billion in 2018 and is projected to reach USD 61.21 Billion by 2026, growing at a CAGR of 3.3% from 2019 to 2026.

Global Ophthalmic Equipment Market Outlook

The rising prevalence of ophthalmic diseases globally is the key factor in boosting the global ophthalmic equipment market growth. The increasing number of infectious eye diseases in developed as well as developing economies will further surge the ophthalmic equipment market. Moreover, diabetic patients are at high risk of diabetic eye diseases such as diabetic cataract and retinopathy that will raise the demand for ophthalmic equipment for disease treatment. However, strict government regulations regarding ophthalmic equipment, high cost of ophthalmic devices are some factors that might hinder the market growth.

Global Ophthalmic Equipment Market Competitive Landscape

The Global Ophthalmic Equipment Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Bausch + Lomb, Alcon, Johnson & Johnson, Hoya, Haag-Streit, Essilor, Topcon, Staar Surgical, Carl Zeiss Meditec, and Nidek.

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