Ophthalmic Diagnostic Devices Market Size, Share, Growth Analysis, By Type(Optical Coherence Tomography, Aberrometer & Topography Systems, Fundus Camera, Ophthalmic Ultrasound), By End User(Hospitals, Ophthalmic Clinics, Others), By Region - Industry Forecast 2024-2031

It is expected that North America would hold the largest share of this market, with revenue of USD 907.2 million in 2022. The market for ophthalmic diagnostic devices in the area is anticipated to be driven by high adoption of cutting-edge ophthalmology diagnostic tools, growing awareness of ocular ailments, and rising prevalence of refractive error disorders. Approximately 35.1% of Americans under 50 are myopic, according to a Journal of Current Ophthalmology report. In the upcoming years, it is predicted that the market in this region will grow because of the increased frequency of cataract and myopia.

The market for ophthalmic diagnostic devices is anticipated to be fastest growing in Asia-Pacific. This is explained by the rising elderly population and the high rate of cataract operations in nations like Japan, China, and India. Ophthalmology diagnostic devices market growth in the region is being fueled by a number of important reasons, including increased accessibility of ophthalmic devices and rising awareness of ocular ailments. As an alternative, increased use of technologically advanced ophthalmic equipment is anticipated to drive up market revenue in European nations including the U.K., France, and Germany. A comparably lesser portion of the market was occupied by Latin America, the Middle East, and Africa. The ophthalmic diagnostic equipment market, however, is predicted to rise steadily in Latin America during the next few years.