India Ophthalmic Equipment Market (2024-2030) | Growth, Revenue, Outlook, Share, Companies, Forecast, Size, Trends, Industry, Value & Analysis

Market Forecast By Product Type (Diagnostics & Monitoring Devices, Surgical Instruments, Vision Care Products), By End-User (Consumers, Hospitals, Specialty Clinics and Ambulatory Surgery Centers, Other End Users) And Competitive Landscape
Product Code: ETC032084 Publication Date: Aug 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Ophthalmic Equipment Market Competition 2023

India Ophthalmic Equipment market currently, in 2023, has witnessed an HHI of 1307, Which has decreased slightly as compared to the HHI of 1947 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

India Export Potential Assessment For Ophthalmic Equipment Market (Values in USD Thousand)


India Ophthalmic Equipment Market Synopsis

The India ophthalmic equipment market is expected to grow at a CAGR of 10.8% during the forecast period 2020-2026. 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.

Drivers of the Market:

? 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

Challenges of the Market:

High costs associated with installation, maintenance, repair and replacement if the diagnostic equipments hamper adoption among low-income patients

Trends of the Market:

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 Impact on the Market:

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 .

Key Players of the Market:

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

Key Highlights of the Report:

  • India Ophthalmic Equipment Market Outlook
  • Market Size of India Ophthalmic Equipment Market, 2023
  • Forecast of India Ophthalmic Equipment Market, 2030
  • Historical Data and Forecast of India Ophthalmic Equipment Revenues & Volume for the Period 2020-2030
  • India Ophthalmic Equipment Market Trend Evolution
  • India Ophthalmic Equipment Market Drivers and Challenges
  • India Ophthalmic Equipment Price Trends
  • India Ophthalmic Equipment Porter's Five Forces
  • India Ophthalmic Equipment Industry Life Cycle
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Product Type for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Diagnostics & Monitoring Devices for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Surgical Instruments for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Vision Care Products for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By End-User for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Consumers for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Hospitals for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Specialty Clinics and Ambulatory Surgery Centers for the Period 2020-2030
  • Historical Data and Forecast of India Ophthalmic Equipment Market Revenues & Volume By Other End Users for the Period 2020-2030
  • India Ophthalmic Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By End-User
  • India Ophthalmic Equipment Top Companies Market Share
  • India Ophthalmic Equipment Competitive Benchmarking By Technical and Operational Parameters
  • India Ophthalmic Equipment Company Profiles
  • India Ophthalmic Equipment Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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, 2020 & 2030F

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, 2020 & 2030F

3.6 India Ophthalmic Equipment Market Revenues & Volume Share, By End-User, 2020 & 2030F

4 India Ophthalmic Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

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, 2020-2030F

6.1.3 India Ophthalmic Equipment Market Revenues & Volume, By Diagnostics & Monitoring Devices, 2020-2030F

6.1.4 India Ophthalmic Equipment Market Revenues & Volume, By Surgical Instruments, 2020-2030F

6.1.5 India Ophthalmic Equipment Market Revenues & Volume, By Vision Care Products, 2020-2030F

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, 2020-2030F

6.2.3 India Ophthalmic Equipment Market Revenues & Volume, By Hospitals, 2020-2030F

6.2.4 India Ophthalmic Equipment Market Revenues & Volume, By Specialty Clinics and Ambulatory Surgery Centers, 2020-2030F

6.2.5 India Ophthalmic Equipment Market Revenues & Volume, By Other End Users, 2020-2030F

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

9 India Ophthalmic Equipment Market - Opportunity Assessment

9.1 India Ophthalmic Equipment Market Opportunity Assessment, By Product Type, 2020 & 2030F

9.2 India Ophthalmic Equipment Market Opportunity Assessment, By End-User, 2020 & 2030F

10 India Ophthalmic Equipment Market - Competitive Landscape

10.1 India Ophthalmic Equipment Market Revenue Share, By Companies, 2023

10.2 India Ophthalmic Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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