The optometry equipment market size has grown strongly in recent years. It will grow from $3.58 billion in 2024 to $3.82 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to aging population and vision care needs, increasing prevalence of eye disorders, expanding access to eye care services, rising consumer awareness of eye health, global economic development, government initiatives supporting eye health.
The optometry equipment market size is expected to see strong growth in the next few years. It will grow to $5.19 billion in 2029 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to advancements in tele optometry and remote eye care, personalized vision correction solutions, rising importance of preventive eye care, global expansion of optometry services, increased collaboration with ophthalmology, growing demand for specialty lenses. Major trends in the forecast period include integration of artificial intelligence in diagnostics, focus on patient-friendly technologies, expansion of point-of-care testing, customization and personalization of vision correction, environmental sustainability in equipment design.
The optometry equipment market is experiencing growth propelled by the rising prevalence of eye diseases, encompassing various conditions affecting the human eye. These tools are crucial in objectively determining refractive errors and examining the internal eye structure. Optometry equipment facilitates magnified examinations of the eye's anterior segment, assesses cylindrical lens power and axis, and evaluates contact lens power and axis. Citing data from the World Health Organization in 2022, approximately 2.2 billion individuals globally suffer from near or distance vision impairment, with nearly half of these cases being preventable or yet to be addressed. This trend is anticipated to drive the expansion of the optometry equipment market in the foreseeable future.
The optometry equipment market is poised for growth due to the increasing aging population phenomenon, marked by a greater proportion of individuals aged 65 and older. Optometry equipment assumes a critical role in addressing the specific visual needs of this demographic, given the heightened occurrence of age-related eye conditions like presbyopia, cataracts, and macular degeneration. The projected global increase in the elderly population, cited in a 2023 United Nations report, anticipates a doubling from 761 million in 2021 to 1.6 billion by 2050. This demographic shift fuels demand for optometry equipment to cater to the vision care requirements of aging individuals, thereby driving market expansion.
Technological advancement stands as a notable trend shaping the optometry equipment market, with major players continually innovating to maintain market positioning. In December 2022, Vision Rx Lab, an India-based ophthalmic lens manufacturer, introduced the Nova Ai lenses, a progressive lens series powered by AI technology. These lenses offer wearers customized, natural vision tailored to their individual viewing style, employing advanced technologies such as the Metamorph technology for personalized visual experiences. Innovative features like the Binocular Balancing System and Maxi View Technology enhance natural vision, making these lenses a breakthrough in progressive lens technology.
Leading companies in the optometry equipment market are engaging in strategic partnerships to fortify their market positions. These structured alliances, such as the collaboration between HOYA Vision Care and NIDEK Co. Ltd. announced in February 2023, aim to leverage complementary portfolios in optical instruments and products to deliver comprehensive patient care. HOYA Vision Care, a Thailand-based optical technology company, partnered with NIDEK Co. Ltd., a Japanese firm specializing in ophthalmic equipment design, manufacturing, and distribution. The strategic collaboration seeks to offer end-to-end services - from eye examination to consultation and the delivery of top-quality spectacle lenses - strengthening their market foothold.
In January 2022, Advancing Eyecare, a US-based company specializing in ophthalmic instruments, completed the acquisition of Santinelli International for an undisclosed sum. This strategic move aligns with Advancing Eyecare's commitment to empowering ophthalmic practices by exploring innovative avenues. Santinelli International, a US-based firm specializing in optical finishing equipment, is seen as a complementary addition to Advancing Eyecare's portfolio.
Major companies operating in the optometry equipment market are Carl Zeiss Meditec AG, Abbott Laboratories, Alcon Inc., AMETEK Inc., Associated Regional and University Pathologists Inc., Bausch Health Companies Inc., Essilor International SA, HEINE Optotechnik GmbH & Co. KG, Johnson & Johnson, Nidec Corporation, Oculus Inc., Revenio Group PLC, Topcon Medical Systems Inc., Ziemer Ophthalmic Systems AG, Kowa American Corporation, Neitz Instruments Co. Ltd., Huvitz Co. Ltd., Shin Nippon Machinery Co. Ltd., Takagi Ophthalmic Instruments Europe Ltd., Medmont International Pty Ltd., Tomey Corporation, US Ophthalmic, Keeler Ltd., Canon Inc., Hoya Corporation, Heidelberg Engineering GmbH, Halma PLC, Welch Allyn Inc., Burton Medical Products Corp., Marco Ophthalmic Inc., Avantgarde Medical Inc., Shanghai Optics Inc., Sutter Instrument Company, Radiant Vision Systems LLC.
North America was the largest region in the optometry equipment market share in 2024. The regions covered in the optometry equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the optometry equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Optometry equipment encompasses tools designed to prevent accidents, illnesses, and eye damage. Meanwhile, ophthalmic equipment focuses on managing eye drainage or providing support to eye structures and surrounding areas.
The primary products within the realm of optometry equipment include devices for cataract and glaucoma surgeries, ophthalmic diagnostics, vitreoretinal surgery, and ophthalmic lasers. Cataract surgery devices specifically address the removal of the cloudy natural lens during cataract procedures, replacing it with a clear artificial lens. These tools facilitate various examinations - such as retina, cornea, and general assessments - utilized across hospital outpatient departments, physician practices, specialty clinics, ambulatory care centers, and research institutes.
The optometry equipment market research report is one of a series of new reports that provides optometry equipment market statistics, including optometry equipment industry global market size, regional shares, competitors with optometry equipment market share, detailed optometry equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the optometry equipment industry. This optometry equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The optometry equipment market consists of sales of OCT (optical coherence tomography) scanners, fundus cameras, ophthalmoscopes, and visual field analyzers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The optometry equipment market size is expected to see strong growth in the next few years. It will grow to $5.19 billion in 2029 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to advancements in tele optometry and remote eye care, personalized vision correction solutions, rising importance of preventive eye care, global expansion of optometry services, increased collaboration with ophthalmology, growing demand for specialty lenses. Major trends in the forecast period include integration of artificial intelligence in diagnostics, focus on patient-friendly technologies, expansion of point-of-care testing, customization and personalization of vision correction, environmental sustainability in equipment design.
The optometry equipment market is experiencing growth propelled by the rising prevalence of eye diseases, encompassing various conditions affecting the human eye. These tools are crucial in objectively determining refractive errors and examining the internal eye structure. Optometry equipment facilitates magnified examinations of the eye's anterior segment, assesses cylindrical lens power and axis, and evaluates contact lens power and axis. Citing data from the World Health Organization in 2022, approximately 2.2 billion individuals globally suffer from near or distance vision impairment, with nearly half of these cases being preventable or yet to be addressed. This trend is anticipated to drive the expansion of the optometry equipment market in the foreseeable future.
The optometry equipment market is poised for growth due to the increasing aging population phenomenon, marked by a greater proportion of individuals aged 65 and older. Optometry equipment assumes a critical role in addressing the specific visual needs of this demographic, given the heightened occurrence of age-related eye conditions like presbyopia, cataracts, and macular degeneration. The projected global increase in the elderly population, cited in a 2023 United Nations report, anticipates a doubling from 761 million in 2021 to 1.6 billion by 2050. This demographic shift fuels demand for optometry equipment to cater to the vision care requirements of aging individuals, thereby driving market expansion.
Technological advancement stands as a notable trend shaping the optometry equipment market, with major players continually innovating to maintain market positioning. In December 2022, Vision Rx Lab, an India-based ophthalmic lens manufacturer, introduced the Nova Ai lenses, a progressive lens series powered by AI technology. These lenses offer wearers customized, natural vision tailored to their individual viewing style, employing advanced technologies such as the Metamorph technology for personalized visual experiences. Innovative features like the Binocular Balancing System and Maxi View Technology enhance natural vision, making these lenses a breakthrough in progressive lens technology.
Leading companies in the optometry equipment market are engaging in strategic partnerships to fortify their market positions. These structured alliances, such as the collaboration between HOYA Vision Care and NIDEK Co. Ltd. announced in February 2023, aim to leverage complementary portfolios in optical instruments and products to deliver comprehensive patient care. HOYA Vision Care, a Thailand-based optical technology company, partnered with NIDEK Co. Ltd., a Japanese firm specializing in ophthalmic equipment design, manufacturing, and distribution. The strategic collaboration seeks to offer end-to-end services - from eye examination to consultation and the delivery of top-quality spectacle lenses - strengthening their market foothold.
In January 2022, Advancing Eyecare, a US-based company specializing in ophthalmic instruments, completed the acquisition of Santinelli International for an undisclosed sum. This strategic move aligns with Advancing Eyecare's commitment to empowering ophthalmic practices by exploring innovative avenues. Santinelli International, a US-based firm specializing in optical finishing equipment, is seen as a complementary addition to Advancing Eyecare's portfolio.
Major companies operating in the optometry equipment market are Carl Zeiss Meditec AG, Abbott Laboratories, Alcon Inc., AMETEK Inc., Associated Regional and University Pathologists Inc., Bausch Health Companies Inc., Essilor International SA, HEINE Optotechnik GmbH & Co. KG, Johnson & Johnson, Nidec Corporation, Oculus Inc., Revenio Group PLC, Topcon Medical Systems Inc., Ziemer Ophthalmic Systems AG, Kowa American Corporation, Neitz Instruments Co. Ltd., Huvitz Co. Ltd., Shin Nippon Machinery Co. Ltd., Takagi Ophthalmic Instruments Europe Ltd., Medmont International Pty Ltd., Tomey Corporation, US Ophthalmic, Keeler Ltd., Canon Inc., Hoya Corporation, Heidelberg Engineering GmbH, Halma PLC, Welch Allyn Inc., Burton Medical Products Corp., Marco Ophthalmic Inc., Avantgarde Medical Inc., Shanghai Optics Inc., Sutter Instrument Company, Radiant Vision Systems LLC.
North America was the largest region in the optometry equipment market share in 2024. The regions covered in the optometry equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the optometry equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Optometry equipment encompasses tools designed to prevent accidents, illnesses, and eye damage. Meanwhile, ophthalmic equipment focuses on managing eye drainage or providing support to eye structures and surrounding areas.
The primary products within the realm of optometry equipment include devices for cataract and glaucoma surgeries, ophthalmic diagnostics, vitreoretinal surgery, and ophthalmic lasers. Cataract surgery devices specifically address the removal of the cloudy natural lens during cataract procedures, replacing it with a clear artificial lens. These tools facilitate various examinations - such as retina, cornea, and general assessments - utilized across hospital outpatient departments, physician practices, specialty clinics, ambulatory care centers, and research institutes.
The optometry equipment market research report is one of a series of new reports that provides optometry equipment market statistics, including optometry equipment industry global market size, regional shares, competitors with optometry equipment market share, detailed optometry equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the optometry equipment industry. This optometry equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The optometry equipment market consists of sales of OCT (optical coherence tomography) scanners, fundus cameras, ophthalmoscopes, and visual field analyzers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Optometry Equipment Market Characteristics3. Optometry Equipment Market Trends and Strategies4. Optometry Equipment Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Optometry Equipment Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Optometry Equipment Market34. Recent Developments in the Optometry Equipment Market
5. Global Optometry Equipment Growth Analysis and Strategic Analysis Framework
6. Optometry Equipment Market Segmentation
7. Optometry Equipment Market Regional and Country Analysis
8. Asia-Pacific Optometry Equipment Market
9. China Optometry Equipment Market
10. India Optometry Equipment Market
11. Japan Optometry Equipment Market
12. Australia Optometry Equipment Market
13. Indonesia Optometry Equipment Market
14. South Korea Optometry Equipment Market
15. Western Europe Optometry Equipment Market
16. UK Optometry Equipment Market
17. Germany Optometry Equipment Market
18. France Optometry Equipment Market
19. Italy Optometry Equipment Market
20. Spain Optometry Equipment Market
21. Eastern Europe Optometry Equipment Market
22. Russia Optometry Equipment Market
23. North America Optometry Equipment Market
24. USA Optometry Equipment Market
25. Canada Optometry Equipment Market
26. South America Optometry Equipment Market
27. Brazil Optometry Equipment Market
28. Middle East Optometry Equipment Market
29. Africa Optometry Equipment Market
30. Optometry Equipment Market Competitive Landscape and Company Profiles
31. Optometry Equipment Market Other Major and Innovative Companies
35. Optometry Equipment Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Optometry Equipment Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on optometry equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for optometry equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The optometry equipment market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Product: Cataract Surgery Devices; Glaucoma Surgery Devices; Ophthalmic Diagnostic Equipment; Vitreo Retinal Surgery Devices; Ophthalmic Lasers2) by Type of Examination: Retina Examination; Cornea Examination; General Examination
3) by End-User: Hospital Outpatients; Physician Practice; Specialty Clinics; Ambulatory Care Centers; Research Institutes
Subsegments:
1) by Cataract Surgery Devices: Phacoemulsification Machines; Intraocular Lenses (IOLs); Capsulotomy Devices2) by Glaucoma Surgery Devices: Trabeculectomy Devices; Glaucoma Drainage Devices; Laser Surgery Devices
3) by Ophthalmic Diagnostic Equipment: Autorefractors; Fundus Cameras; Optical Coherence Tomography (OCT) Devices; Visual Field Analyzers
4) by Vitreo Retinal Surgery Devices: Vitrectomy Systems; Endolaser Systems; Scleral Buckling Systems
5) by Ophthalmic Lasers: Excimer Lasers; Nd Lasers; Femtosecond Lasers.
Key Companies Mentioned: Carl Zeiss Meditec AG; Abbott Laboratories; Alcon Inc.; AMETEK Inc.; Associated Regional and University Pathologists Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Optometry Equipment market report include:- Carl Zeiss Meditec AG
- Abbott Laboratories
- Alcon Inc.
- AMETEK Inc.
- Associated Regional and University Pathologists Inc.
- Bausch Health Companies Inc.
- Essilor International SA
- HEINE Optotechnik GmbH & Co. KG
- Johnson & Johnson
- Nidec Corporation
- Oculus Inc.
- Revenio Group PLC
- Topcon Medical Systems Inc.
- Ziemer Ophthalmic Systems AG
- Kowa American Corporation
- Neitz Instruments Co. Ltd.
- Huvitz Co. Ltd.
- Shin Nippon Machinery Co. Ltd.
- Takagi Ophthalmic Instruments Europe Ltd.
- Medmont International Pty Ltd.
- Tomey Corporation
- US Ophthalmic
- Keeler Ltd.
- Canon Inc.
- Hoya Corporation
- Heidelberg Engineering GmbH
- Halma PLC
- Welch Allyn Inc.
- Burton Medical Products Corp.
- Marco Ophthalmic Inc.
- Avantgarde Medical Inc.
- Shanghai Optics Inc.
- Sutter Instrument Company
- Radiant Vision Systems LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 3.82 Billion |
| Forecasted Market Value ( USD | $ 5.19 Billion |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 35 |
