North America Ophthalmology Devices Market - Industry Trends and Forecast to 2028

Market Analysis and Insights : North America Ophthalmology Devices Market

The North America ophthalmology devices market is expected to witness market growth at a rate of 5.0% in the forecast period of 2021 to 2028. Data Bridge Market Research report on North America ophthalmology devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence of eye diseases is escalating the growth of North America ophthalmology devices market.

Ophthalmology is known to be the study of the eye and its several conditions, it is a field of medicine that handles the cure, treatment and analysis of several diseases of the eye and visual mechanism.

Major factors that are expected to boost the growth of the North America ophthalmology devices market in the forecast period are the swift development in the aging population. Furthermore, the technological development in the ophthalmic devices is further anticipated to propel the growth of the North America ophthalmology devices market. Moreover, the initiatives taken by the government to monitor the visual impairment is further estimated to cushion the growth of the North America ophthalmology devices market. On the other hand, the rise in the expenses of ophthalmology devices is further projected to impede the growth of the North America ophthalmology devices market in the timeline period.

In addition, unexplored prospects of advancing countries will further provide potential opportunities for the growth of the North America ophthalmology devices market in the coming years. However, dearth of alertness and less access to eye care in low-income countries might further challenge the growth of the North America ophthalmology devices market in the near future.

This North America ophthalmology devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the healthcare analytical testing services market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth. 

North America Ophthalmology Devices Market Scope and Market Size

The North America ophthalmology devices market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications. 

On the basis of product type, the North America ophthalmology devices market is segmented into diagnostic and monitoring devices, surgery devices and vision care devices. The diagnostic and monitoring devices segment is further sub segmented into optical coherence therapy, ophthalmology ultrasound imaging system, fundus cameras, ophthalmoscopes, retinoscopes, wavefront abberrometers, corneal topography, autorefractors, keratometers, specular microscopes, visual field analyzers, tonometers and slit lamps. The ophthalmology ultrasound imaging system is further sub segmented into A-scan biometers, B-scan ultrasounds, UBM ultrasounds and pachymeters. The surgery devices segment is further sub segmented into cataract surgery devices, glaucoma surgery devices, refractive surgery devices and vitreoretinal surgery devices. The cataract surgery devices segment is further sub segmented into intraocular lenses, ophthalmic viscoelasticity devices, phacoemulsification devices and retinoscopes. The glaucoma surgery devices segment is further sub segmented into glaucoma drainage devices, stents and implants and lasers. The refractive surgery devices segment is further sub segmented into excimer lasers, microkeratomes and femtosecond lasers. The vitreoretinal surgery devices segment is further sub segmented into vitrectomy machines and packs, photocoagulation lasers, illumination devices and vetrioretinal accessories.

On the basis of application, the North America ophthalmology devices market is segmented into cataract surgery, vision care, opthalmic wound care, oculoplastics and others.

On the basis of end user, the North America ophthalmology devices market is segmented into hospitals, academics, eye research institutes, research laboratories, diagnosis clinics, franchise optical stores and government agencies.

North America Ophthalmology Devices Market Country Level Analysis

The North America ophthalmology devices market is analyzed, and market size insights and trends are provided by country, product type, application and end user as referenced above.      

The countries covered in the North America ophthalmology devices market report are the U.S., Canada, and Mexico in North America.

U.S. dominates the North America ophthalmology devices market due to the rise in the geriatric population. Furthermore, the growing incidence of eye diseases will further boost the growth of the North America ophthalmology devices market during the forecast period.

The country section of the North America ophthalmology devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The North America ophthalmology devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the North America ophthalmology devices market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the North America ophthalmology devices market. The data is available for the historic period 2010-2019.

Competitive Landscape and North America Ophthalmology Devices Market Share Analysis

The North America ophthalmology devices market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the North America ophthalmology devices market.

The major players covered in the North America ophthalmology devices market report are Essilor, Marco, Heidelberg Engineering GmbH., HAAG-STREIT GROUP, Johnson & Johnson Surgical Vision, Inc., HOYA Corporation., CIBA VISION, NIDEK CO., LTD., TOPCON CORPORATION, ZEISS International, Canon Inc., CooperVision, Bausch & Lomb Incorporated., STAAR SURGICAL, AcuFocus, Inc. and Ziemer Ophthalmic Systems among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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