Ophthalmic Devices Market To Reach $29.80 Billion By 2030

April 2025 | Report Format: Electronic (PDF)

Ophthalmic Devices Market Growth & Trends

The global ophthalmic devices market size is estimated to reach USD 29.80 billion by 2030, expanding at a CAGR of 7.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising geriatric population is presumed to propel the need for ophthalmic devices due to the high risk of developing chronic eye disorders. According to the National Institute on Aging (NIA), the geriatric population will be about 72 million individuals by 2030. The rising prevalence of eye disorders, such as macular degeneration, cataracts, diabetic retinopathy, and glaucoma, is also boosting product demand. As per the WHO, glaucoma accounts for 4.5 million cases of blindness globally. In the United States, glaucoma is termed the "Silent Thief of Sight," which is the second-leading cause of blindness.

The market growth can also be attributed to technological advancements, such as the development of intraocular lenses, fundus cameras, and OCT devices. Furthermore, the increasing involvement of market players in expanding treatment solutions through strategic alliances is expected to present this market with a potential growth platform. Approximately 10% of the people suffering from eye disorders are expected to experience loss of vision despite the proper treatment, as per the statistics of the WHO, driving the clinical urgency to incorporate highly advanced ophthalmic devices. Furthermore, rising demand for minimally invasive and complication-free operative surgeries is expected to boost product demand. Due to the COVID-19 pandemic, the majority of the population's screen time was increased, resulting in increased cases of various eye issues, which will support market growth over the forecast period.


key Request a free sample copy or view report summary: Ophthalmic Devices Market Report


Ophthalmic Devices Market Report Highlights

  • Based on product, The optical coherence tomography (OCT) segment dominated the market and accounted for the largest revenue share of 23.3% in 2024.

  • The cataract segment dominated the market and accounted for the largest revenue share of 41.5% in 2024.

  • The ophthalmoscopes segment is anticipated to witness a significant growth rate of 8.1% over the forecast period.

  • The cataract segment dominated the market and accounted for the largest revenue share of 41.5% in 2024.

  • This growth can be attributed to the increasing number of patients suffering from cataracts and high product adoption for cataract surgeries

Ophthalmic Devices Market Segmentation

Grand View Research has segmented the global ophthalmic devices market based on product, application, end use, and region:

Ophthalmic Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Optical Coherence Tomography Scanners

  • Fundus Camera

  • Perimeters/Visual Field Analyzers

  • Autorefractors and Keratometers

  • Ophthalmic Ultrasound Imaging Systems

    • Ophthalmic A-Scan Ultrasound

    • Ophthalmic B-Scan Ultrasound

    • Ophthalmic Ultrasound Biomicroscopes

    • Ophthalmic Pachymeters

  • Tonometers

  • Slit Lamps

  • Phoropters

  • Wavefront Aberrometers

  • Optical Biometry Systems

  • Ophthalmoscopes

  • Lensmeters

  • Corneal Topography Systems

  • Specular Microscopes

  • Retinoscopes

Ophthalmic Devices Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Cataract

  • Vitreo Retinal Disorders

  • Glaucoma

  • Refractor Disorders

Ophthalmic Devices End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals and Eye Clinics

  • Academic and Research Laboratories

  • Others

Ophthalmic Devices Region Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait

List of Key Players in Ophthalmic Devices Market

  • Johnson & Johnson Vision Care

  • Alcon Vision LLC

  • Carl Zeiss Meditec AG

  • Bausch & Lomb Incorporated

  • Essilor International S.A

  • Ziemer Ophthalmic Systems Ltd

  • Nidek Co. Ltd

  • TOPCON Corporation

  • Haag-Streit Group

  • Glaukos Corporation

gvr icn

GET A FREE SAMPLE

gvr icn

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

gvr icn

NEED A CUSTOM REPORT?

We offer custom report options, including stand-alone sections and country-level data. Special pricing is available for start-ups and universities.

Request Customization