The Asia-Pacific ophthalmic diagnostic devices market was valued at $1,553.80 million in 2019 and is projected to reach $2,182.83 million by 2027, registering a CAGR of 4.3% from 2020 to 2027. Technological advancement marks a significant trend in the global ophthalmic diagnostic devices market. For instance, shift in preference from use of traditional, manually operated refractors to autorefractors, computerized corneal topography systems and spectral domain optical coherence tomography (OCT). Such rapid technological advancements are expected to improve the diagnostic procedure by providing accurate outcomes to support treatment decisions.
Ophthalmic diagnostic devices are used for detection of eye-related diseases such as refractive error, cataract, glaucoma, and diabetic retinopathy. These devices are of utmost importance to provide proper treatment to the patients to avoid prevent damage to the vision or complete loss of vision. The diagnostic devices considered in the report include refractors, corneal topography systems, retinal ultrasound systems, fundus camera, ophthalmoscopes, optical coherence tomography systems, perimeters, slit lamps, and tonometer.
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The major factor that drives the growth of the Asia-Pacific ophthalmic diagnostic devices market is alarming rise in prevalence of eye-related diseases, such as glaucoma, cataract, and refractive errors. Furthermore, geriatric population are more susceptible to age-related eye diseases, which significantly contribute toward the growth of the global market. Moreover, presence of large pool of undiagnosed patients suffering from eye diseases is anticipated to provide lucrative opportunity to the manufacturers operating in the ophthalmic diagnostic devices.
The Asia-Pacific ophthalmic diagnostic devices market is segmented on the basis of product and country. By product, the market is bifurcated into refractors, corneal topography systems, retinal ultrasound systems, fundus camera, ophthalmoscopes, optical coherence tomography systems, perimeters, slit lamps, and tonometer. The fundus camera segment is further classified into mydriatic fundus cameras, non-mydriatic fundus cameras, hybrid fundus cameras, and ROP fundus cameras. The mydriatic fundus cameras further divided into tabletop and handheld. the non-mydriatic fundus cameras further divided into tabletop and handheld. the perimeters segment is further classified into static, kinetic, and combination. The static segment is further divided into handheld perimeter and desktop perimeter. The kinetic segment is further divided into handheld perimeter and desktop perimeter. The combination segment is further divided into handheld perimeter and desktop perimeter. Country wise, it is analyzed across Japan, China, Australia, India, South Korea, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, and Rest of Asia-Pacific.
The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.
Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).
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KEY BENEFITS FOR STAKEHOLDERS
? This report entails a detailed quantitative analysis along with the current global cell separation technologies market trends from 2020 to 2027 to identify the prevailing opportunities along with the strategic assessment.
? The market forecast is studied from 2020 to 2027.
? The market size and estimations are based on a comprehensive analysis of key developments in the industry.
? A qualitative analysis based on innovative products facilitates strategic business planning.
? The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
KEY MARKET PLAYERS
– Carl Zeiss Meditec AG
– Halma, plc.
– Topcon Corporation
– Essilor International S.A.
– Alcon Vision
– Nidek Co., Ltd.
– Haag-Streit Holding AG
– Ametek, Inc.
– Optovue Corporation
– Coburn Technologies, Inc.\
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KEY MARKET SEGMENTS
By Product
– Refractors
– Corneal Topography Systems
– Retinal Ultrasound Systems
– Fundus Camera
o Mydriatic Fundus Cameras
? Tabletop
? Handheld
o Non-mydriatic Fundus Cameras
? Tabletop
? Handheld
o Hybrid Fundus Cameras
o ROP Fundus Cameras
– Ophthalmoscopes
– Optical Coherence Tomography Systems
– Perimeters
o Static
? Handheld Perimeter
? Desktop Perimeter
o Kinetic
? Handheld Perimeter
? Desktop Perimeter
o Combination
? Handheld Perimeter
? Desktop Perimeter
– Slit Lamps
– Tonometer
By Country
– Japan
– China
– Australia
– India
– South Korea
– Indonesia
– Malaysia
– Myanmar
– The Philippines
– Singapore
– Thailand
– Vietnam
– Rest of Asia-Pacific
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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