Future of Ophthalmic Equipment: Geographical Snapshot of the Market
Growth in this market is attributed to the growing number of people with eye
diseases, technological advancement in ophthalmic equipment, and the rising
adoption of contact lenses and spectacles across the globe.
The Ophthalmic Equipment Market is
projected to reach USD 65.8 Billion by 2027 from USD 56.4 Billion in 2022, at a
CAGR of 3.1%.
Market Drivers :-
1...
Rising Geriatric Population and Related Increase in the Prevalence of Eye Diseases Across The Globe to Drive Ophthalmic Equipment Market Growth
The ophthalmic equipment market is estimated to reach USD 58.44 billion by 2023 from USD 49.30 billion in 2018, at a CAGR of 3.5%. Some of the factors driving the growth of the ophthalmic equipment market are the increasing number of ocular disorders, technological advancement in ophthalmic devices, and increasing government initiatives to control visual impairment across the globe.
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