Global Ophthalmic Diagnostic Devices Market 2019-2023

About this market
Increasing popularity of POC testing for ophthalmology diagnosis to drive market growth. Point-of-care (POC) testing is gaining popularity in ophthalmology. It provides immediate results to ophthalmologists at any place and at any point in time. Advances in smartphones and other smart gadgets have transformed the way healthcare was provided in the past. At present, there are connected instruments with accompanying apps that help obtain eye examination at remote locations. analysts have predicted that the ophthalmic diagnostic devices market will register a CAGR of over 6% by 2023.
Market Overview
Technological advances
Advances in ophthalmic technology have significantly improved the diagnostic outcomes for ophthalmology diseases and disorders. The latest and advanced technologies incorporated in ophthalmological diagnostic devices provide healthcare physicians precise and accurate data, thereby helping improve diagnostic rates.
Lack of trained ophthalmologists
The presence of multidisciplinary facilities to meet the needs of an ever-increasing population and the availability of well-trained and skilled healthcare workers are two important parameters for proper healthcare. Lack of sufficiently trained healthcare personnel poses a challenge for ophthalmology, pharmacy, laboratory, radiography, and environmental health areas.
For the detailed list of factors that will drive and challenge the growth of the ophthalmic diagnostic devices market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Optovue and TOPCON the competitive environment is quite intense. Factors such as the rising technological advances and the increasing popularity of POC testing for ophthalmology diagnosis, will provide considerable growth opportunities to ophthalmic diagnostic devices manufactures. AMETEK, Carl Zeiss Meditec, HAAG-STREIT, NIDEK, Optovue, and TOPCON are some of the major companies covered in this report.