Product Code: ETC032084 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India ophthalmic equipment market import shipments surged with a robust CAGR from 2020 to 2024. However, the growth rate dipped notably between 2023 and 2024. Overall, the market exhibited strong expansion but showed signs of a slowdown in the most recent period.
The India ophthalmic equipment market is expected to grow at a CAGR of 10.8% during the forecast period 2025-2031. Ophthalmic equipment are used for treating eyes and visual defects, and improving vision quality. The growth of this market can be attributed to increasing prevalence of eye disorders in India due to growing geriatric population and changing lifestyle habits coupled with increasing awareness about early detection & treatment among people.
? Increasing prevalence of eye diseases in India owing to rising geriatric population and unhealthy lifestyles is driving the demand for ophthalmic devices
? Increasing R&D investments by medical device manufacturers on development advanced technology products such as OCT (Optical Coherence Tomography) has been boosting the growth of ophthalmic equipment industry
? Government initiatives towards providing healthcare facilities have encouraged people from rural areas also avail these services, which will further propel the industry?s growth over the forecast period
High costs associated with installation, maintenance, repair and replacement if the diagnostic equipments hamper adoption among low-income patients
Emergence of technological advancements such as 3D printing techniques are increasingly being adopted by manufacturers operating in Indian ophthalmology space; it helps reducing product cost while enhancing accuracy during operation procedures
The COVID-19 pandemic had an exponential impact on global healthcare systems, particularly on diagnosis using expensive imaging tools like those used for Eye testing or Ocular Imaging . As a result , there has been a significant decline in sales volume witnessed across all types key players due disruption caused by outbreak . However , new government guidelines regarding contactless options like Tele ?Ophtalmology & Remote Monitoring solutions might help address some issues related to patient care provided its mass acceptance among customers . Moreover positive trends in terms Online sale volumes seen amid lockdown could pave way for better customer engagement activities going forward thus aiding overall recovery process .
Some major players operating within India Ophthalmological Equipment Market include Carl Zeiss Meditec AG., Essilor International S.A., HOYA Corporation, Johnson & Johnson Vision Care Inc., Nidek Co Ltd., Topcon Corporation etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ophthalmic Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ophthalmic Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Ophthalmic Equipment Market - Industry Life Cycle |
3.4 India Ophthalmic Equipment Market - Porter's Five Forces |
3.5 India Ophthalmic Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Ophthalmic Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Ophthalmic Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of eye disorders and diseases in India |
4.2.2 Growing geriatric population in India leading to higher demand for ophthalmic equipment |
4.2.3 Technological advancements in ophthalmic equipment industry driving market growth |
4.3 Market Restraints |
4.3.1 High cost associated with ophthalmic equipment hindering adoption rates |
4.3.2 Lack of skilled ophthalmic professionals in India impacting market growth |
4.3.3 Stringent regulatory requirements for ophthalmic equipment manufacturing and distribution |
5 India Ophthalmic Equipment Market Trends |
6 India Ophthalmic Equipment Market, By Types |
6.1 India Ophthalmic Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Ophthalmic Equipment Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Ophthalmic Equipment Market Revenues & Volume, By Diagnostics & Monitoring Devices, 2021-2031F |
6.1.4 India Ophthalmic Equipment Market Revenues & Volume, By Surgical Instruments, 2021-2031F |
6.1.5 India Ophthalmic Equipment Market Revenues & Volume, By Vision Care Products, 2021-2031F |
6.2 India Ophthalmic Equipment Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 India Ophthalmic Equipment Market Revenues & Volume, By Consumers, 2021-2031F |
6.2.3 India Ophthalmic Equipment Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.4 India Ophthalmic Equipment Market Revenues & Volume, By Specialty Clinics and Ambulatory Surgery Centers, 2021-2031F |
6.2.5 India Ophthalmic Equipment Market Revenues & Volume, By Other End Users, 2021-2031F |
7 India Ophthalmic Equipment Market Import-Export Trade Statistics |
7.1 India Ophthalmic Equipment Market Export to Major Countries |
7.2 India Ophthalmic Equipment Market Imports from Major Countries |
8 India Ophthalmic Equipment Market Key Performance Indicators |
8.1 Average waiting time for eye surgeries in India |
8.2 Number of ophthalmic clinics and hospitals offering advanced eye care services |
8.3 Adoption rate of new ophthalmic technologies in India |
9 India Ophthalmic Equipment Market - Opportunity Assessment |
9.1 India Ophthalmic Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Ophthalmic Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Ophthalmic Equipment Market - Competitive Landscape |
10.1 India Ophthalmic Equipment Market Revenue Share, By Companies, 2024 |
10.2 India Ophthalmic Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |