Product Code: ETC032085 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Ophthalmic Equipment Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 3.31% in 2025, growth builds up to 10.36% by 2029.
The Ophthalmic Equipment market in Thailand is projected to grow at a stable growth rate of 4.23% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Thailand ophthalmic equipment market has been significantly impacted by the COVID-19 pandemic. The outbreak of the virus has caused a decline in demand for ophthalmic equipment due to travel restrictions and disruption in medical services. However, despite this negative impact, there is an expected increase in the demand for ophthalmic equipment as people become more aware of eye health and begin to get regular check ups.
The primary drivers for growth of Thailand Ophthalmic Equipment Market include rising geriatric population base that is leading to surge in prevalence rate of chronic conditions like cataract; implementation of favorable reimbursement policies by government authorities; introduction of technologically advanced products featuring high efficiency & accuracy along with cost-effectiveness; increase in prevalence & incidence rates associated with various eye diseases such as glaucoma, age related macular degeneration (AMD) etc.; increasing investment by key players into research & development activities for developing innovative products; rapid advancement in medical technology paving way for better diagnosis and treatment solutions etc. Additionally, emergence of new technologies such as artificial intelligence (AI) & robotics are expected to further boost the overall industry landscape over upcoming years.
However certain factors may challenge healthy growth prospects including stringent regulatory framework concerning device approval process which leads to time delays resulting into higher costs ; availability issues owing to lack of proper distribution channels within rural areas ; dearth skilled professionals hampering operational effectiveness besides others.Nevertheless, rising patient pool suffering from sight impairment would continue creating lucrative opportunities going forward.
The Thailand ophthalmic equipment market has been significantly impacted by the COVID-19 pandemic. The outbreak of the virus has caused a decline in demand for ophthalmic equipment due to travel restrictions and disruption in medical services. However, despite this negative impact, there is an expected increase in the demand for ophthalmic equipment as people become more aware of eye health and begin to get regular check ups.
Key players operating in the Thailand Ophthalmic Equipment Market include Essilor International SA, Nidek Co., Ltd., Carl Zeiss AG, HOYA Corporation, Topcon Corporation, Johnson & Johnson Vision Care Inc., Alcon Laboratories (Novartis AG), Bausch + Lomb Incorporated and Ziemer Group Holding AG. These companies are focusing on strengthening their presence across Thailand with new product launches and strategic partnerships with local suppliers to gain competitive advantage over other competitors.
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 Thailand Ophthalmic Equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Ophthalmic Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Ophthalmic Equipment Market - Industry Life Cycle |
3.4 Thailand Ophthalmic Equipment Market - Porter's Five Forces |
3.5 Thailand Ophthalmic Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Ophthalmic Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Thailand Ophthalmic Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Ophthalmic Equipment Market Trends |
6 Thailand Ophthalmic Equipment Market, By Types |
6.1 Thailand Ophthalmic Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Ophthalmic Equipment Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Ophthalmic Equipment Market Revenues & Volume, By Diagnostics & Monitoring Devices, 2021-2031F |
6.1.4 Thailand Ophthalmic Equipment Market Revenues & Volume, By Surgical Instruments, 2021-2031F |
6.1.5 Thailand Ophthalmic Equipment Market Revenues & Volume, By Vision Care Products, 2021-2031F |
6.2 Thailand Ophthalmic Equipment Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Thailand Ophthalmic Equipment Market Revenues & Volume, By Consumers, 2021-2031F |
6.2.3 Thailand Ophthalmic Equipment Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.4 Thailand Ophthalmic Equipment Market Revenues & Volume, By Specialty Clinics and Ambulatory Surgery Centers, 2021-2031F |
6.2.5 Thailand Ophthalmic Equipment Market Revenues & Volume, By Other End Users, 2021-2031F |
7 Thailand Ophthalmic Equipment Market Import-Export Trade Statistics |
7.1 Thailand Ophthalmic Equipment Market Export to Major Countries |
7.2 Thailand Ophthalmic Equipment Market Imports from Major Countries |
8 Thailand Ophthalmic Equipment Market Key Performance Indicators |
9 Thailand Ophthalmic Equipment Market - Opportunity Assessment |
9.1 Thailand Ophthalmic Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Ophthalmic Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Thailand Ophthalmic Equipment Market - Competitive Landscape |
10.1 Thailand Ophthalmic Equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Ophthalmic Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |