The Business Research Company’s Diagnostic And Monitoring Ophthalmic Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery. The report covers market size, key players, market share and trends to 2030.
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Diagnostic And Monitoring Ophthalmic Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery is one of a series of new reports from The Business Research Company that provide Diagnostic and Monitoring Ophthalmic Devices and Equipment market overviews, analyze and forecast market size and growth for the whole market, Diagnostic and Monitoring Ophthalmic Devices and Equipment market segments and geographies, Diagnostic and Monitoring Ophthalmic Devices and Equipment market trends, Diagnostic and Monitoring Ophthalmic Devices and Equipment market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The diagnostic and monitoring ophthalmic devices and equipment market consists of sales of diagnostic and monitoring ophthalmic devices and equipment and related services. Diagnostic and monitoring ophthalmic devices and equipment are used for the diagnosis and monitoring of diseases related to the retina and cornea by measuring affix lenses and refractive errors. These devices also help to identify the power of intra ocular lens (IOLs) and analyze the visual field. Ophthalmic diagnostic and monitoring devices include ultrasound imaging systems, optical coherence tomography scanners, ophthalmoscopes, corneal topographers, specular microscopes, slit lamps, fundus cameras, anomaloscope, haploscope, ophthalmic lens gauge, stereopsis measuring Instrument, retinoscopes, stereoscope and others.
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The global diagnostic and monitoring ophthalmic devices and equipment market is expected to decline from $1.4 billion in 2019 to $1.1 billion in 2020 at a compound annual growth rate (CAGR) of -22.7%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. The restrictions on non-essential medical services including ophthalmology services coupled with slowed production of ophthalmic devices used for treating eye conditions, due to extended factory closures in various countries together have contributed to the decline in the growth rate. The market is then expected to recover and grow at a CAGR of 4.7% from 2021 and reach $1.7 billion in 2023.
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