Report ID: SQSG35A2037
Report ID:
SQSG35A2037 |
Region:
Global |
Published Date: December, 2024
Pages:
260
|
Tables:
61 |
Figures:
75
Ophthalmic Devices Market size was valued at USD 39.35 Billion in 2023 and is poised to grow from USD 41.49 Billion in 2024 to USD 74.87 Billion by 2032, growing at a CAGR of 5.43% during the forecast period (2025-2032).
Ophthalmology is a field of medicine that focuses on the anatomy, physiology, and disorders of the eyes. Ophthalmic devices are pieces of medical gear made for surgery, examination, and vision correction. Owing to the increased frequency of numerous ophthalmic disorders like glaucoma, cataracts, and other vision-related problems, these devices are becoming more and more important and widely used.
The global market for ophthalmic devices is expanding significantly due in large part to the rising frequency of ocular illnesses like glaucoma and cataracts. Technical advances such as the emergence of intraocular lenses (IOLs)—and the increased emphasis on consumer education and training among many eye care professionals regarding eye diseases and related complications are other significant factors that contribute to the growth of the global market. Additionally, it is expected that an increase in R&D activities for novel devices related to vision error and a rise in consumer consciousness of devices used in ophthalmology will fuel market expansion.
US Ophthalmic Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQSG35A2037