Ophthalmic Equipment Market worth $26.14 billion by 2030
The report "Ophthalmic Equipment Market by Technology (AI-enabled Equipment), Product Type (Surgical Devices (Ophthalmic Microscopes), Diagnostic & Monitoring Devices (Optical Coherence Tomography Scanners, Slit Lamps) ), End User (Hospitals) - Global Forecast to 2030 ", is projected to reach USD 26.14 billion by 2030 from USD 19.65 billion in 2025, at a CAGR of 5.9% during the forecast period.
Browse 350 market data Tables and 50 Figures spread through 400 Pages and in-depth TOC on "Ophthalmic Equipment Market by Technology (AI-enabled Equipment), Product Type (Surgical Devices (Ophthalmic Microscopes), Diagnostic & Monitoring Devices (Optical Coherence Tomography Scanners, Slit Lamps) ), End User (Hospitals) - Global Forecast to 2030 "
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The ophthalmic equipment market is fueled by the rising prevalence of eye disorders, an increasing geriatric population, and the quick adoption of advanced imaging and surgical technologies. Growing healthcare spending, better access to eye care, and increased awareness of early diagnosis also support market growth. However, high equipment costs and a shortage of skilled professionals limit market expansion. Meanwhile, the integration of AI-powered diagnostic tools and teleophthalmology opens up important opportunities for future market development.
The non-AI-enabled equipment segment will hold the highest share, by technology, in the ophthalmic equipment market.
Non-AI-enabled equipment holds the largest market share in the ophthalmic equipment market because of its widespread availability, lower cost, and established clinical reliability. These systems are widely used across hospitals and clinics, requiring minimal technical expertise and maintenance. Additionally, slower adoption of AI technologies due to high implementation costs and limited integration in developing regions sustains the dominance of non-AI-enabled devices.
The OCT scanners segment held the highest revenue share of the ophthalmic equipment market, by diagnostics and monitoring devices, in 2024
OCT scanners hold the largest market share in the diagnostic and monitoring segment because they accurately detect retinal disorders and glaucoma early. Their non-invasive imaging, quick results, and growing use in routine eye exams boost adoption. Furthermore, ongoing technological advances, like higher-resolution imaging and AI integration, further reinforce OCT scanners’ dominance in the market.
In 2024, North America accounted for the largest share of the ophthalmic equipment market.
North America holds the largest market share in the ophthalmic equipment industry due to its advanced healthcare infrastructure, high adoption of innovative diagnostic and surgical technologies, and strong presence of major industry players. The region also benefits from favorable reimbursement policies, increasing healthcare spending, and a growing elderly population prone to vision problems. Additionally, rising awareness of early eye disease detection and the availability of skilled ophthalmologists help maintain North America’s leadership in the global ophthalmic equipment market.
Key Market Players
Prominent players in the ophthalmic equipment market are Bausch Health Companies, Inc. (Canada), Alcon (US), Carl Zeiss Meditec AG (Germany), Johnson & Johnson Vision Care (US), HOYA Corporation (Japan), EssilorLuxottica (France), Canon Inc. (Japan), Glaukos Corporation (US), Nidek Co., Ltd. (Japan), Topcon Corporation (Japan), Staar Surgical (US), Haag-Streit (Switzerland), Visionix (France), Shanghai Mediworks Precision Instruments Co., Ltd. (China), and Halma plc (UK), among others.
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