Meticulous Research®, a leading global market research firm, has released a comprehensive report titled "Ophthalmic Equipment Market by Product Type (Vision Care, Surgical Devices {Refractive, Cataract, Vitreoretinal, Glaucoma, Accessories}, Diagnostic {Retinoscope, Tonometer, Ultrasound}), End User (Consumer, Clinic, Hospital) - Global Forecast to 2030."

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According to this latest publication, the global ophthalmic equipment market is anticipated to reach $61.58 billion by 2030, growing at a CAGR of 4.4% over the forecast period. The market growth is driven by the increasing prevalence of eye diseases and disorders such as cataracts, glaucoma, and age-related macular degeneration (AMD), the rising incidence of visual impairment due to digital device usage, an aging population, and heightened government initiatives to improve accessibility to eye care services.

Market Segmentation
The global ophthalmic equipment market is segmented into:
By Product Type
• Vision Care Products: Spectacles, Contact Lenses (Soft Contact Lenses, Rigid Gas Permeable Lenses, Hybrid Contact Lenses).
• Surgical Devices:
o Cataract Surgical Devices: Intraocular Lenses, Ophthalmic Viscoelastic Devices, Cataract Surgical Lasers, Phacoemulsification Devices, IOL Injectors.
o Refractive Surgical Devices: Excimer Lasers, Femtosecond Lasers, Other Refractive Surgical Lasers.
o Vitreoretinal Surgical Devices: Vitrectomy Machines, Illumination Devices, Vitreoretinal Packs, Photocoagulation Lasers, Vitrectomy Probes.
o Glaucoma Surgical Devices: Glaucoma Laser Systems, Glaucoma Drainage Devices, Microinvasive Glaucoma Surgery Devices.
o Ophthalmic Microscopes
o Ophthalmic Surgical Accessories: Surgical Instruments & Kits, Ophthalmic Spatulas, Ophthalmic Tips & Bundles, Ophthalmic Forceps, Ophthalmic Scissors, Macular Lenses, Ophthalmic Cannulas.
• Diagnostic & Monitoring Devices: Fundus Cameras, Optical Coherence Tomography Scanners, Visual Field Analyzers/Perimeters, Keratometers/Autorefractors, Ophthalmic Ultrasound Imaging Systems (A-Scan Ultrasound Imaging Systems, B-Scan Ultrasound Imaging Systems, Pachymeters, Ultrasound Microscopes), Slit Lamps, Tonometers, Wavefront Aberrometers, Optical Biometry Systems, Ophthalmoscopes, Lensometers, Chart Projectors, Retinoscopes.

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By End User
• Hospitals & Clinics
• Ambulatory Surgical Centers
• Consumers
• Research Institutes & Academics
• Other End Users
By Geography
• North America: U.S. and Canada
• Europe: Germany, France, U.K., Italy, Spain, Rest of Europe
• Asia-Pacific: China, Japan, India, Rest of Asia-Pacific
• Latin America: Brazil, Mexico, Rest of Latin America
• Middle East & Africa

Key Findings
• Product Type Insights: In 2023, the vision care segment is projected to hold the largest share of the ophthalmic equipment market. This dominance is due to the increasing use of premium reusable lenses and daily disposable contact lenses, advancements in specialty lenses, and the rising demand for multifocal, toric, and cosmetic lenses. Additionally, growing consumption and access to vision care products in developing countries like India and China, along with increasing availability through various distribution channels, are contributing to this segment's growth.
• End User Insights: The consumer segment is expected to account for the largest share of the ophthalmic equipment market in 2023. Factors such as the rising aging population and their growing eye care needs, improved quality of eye care, increasing purchasing power, and the rising prevalence of myopia and digital eye strain are driving this segment's growth.
• Geographic Insights: North America is projected to hold the largest share of the global ophthalmic equipment market in 2023, followed by Europe and Asia-Pacific. The U.S. is expected to be the largest market within North America, driven by the high prevalence of eye diseases, the presence of key industry players, and high awareness regarding vision care.

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