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UK Ophthalmology Devices Market Growth & Forecast [2031]
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UK Ophthalmology Devices Market Growth & Forecast [2031]

Segments - UK Ophthalmology Devices Market by Devices (Surgical Devices {Glaucoma Drainage Devices, Glaucoma Stents & Implants, Intraocular Lenses, Lasers, and others}, Diagnostic & Monitoring Devices {Autorefractors & Keratometers, Corneal Topography Systems, Ophthalmic Ultrasound Imaging Systems, Ophthalmoscopes, Optical Coherence Tomography Scanners, and Others}, and Vision Correction Devices {Spectacles and Contact Lenses}), and Region (UK) - Industry Analysis, Growth, Share, Size, Trends, Covid-19 Impact and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Vishal Golekar

Upcoming | Report ID :HC-3823 | 4.7 Rating | 55 Reviews | 202 Pages | Format : PDF Excel PPT

Report Description


The UK ophthalmology devices market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5% during the forecast period, 2023–2031. The growth of market is attributed to increasing frequency of eye-related illnesses & disorders, as well as increased public awareness.

Ophthalmology is a medical specialty that deals with the anatomy, function, and illnesses of eyes. Surgical, diagnostic, and vision correction devices are the three basic categories of ophthalmic devices depending on their function. These devices gain rising importance & adoption due to more prevalence of different ophthalmic diseases such as cataract, glaucoma, and other vision-related issues.

UK Ophthalmology Devices Market Outlook

The Covid-19 pandemic affected the demand and supply of the UK ophthalmology devices market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Due to lockdown, the ophthalmology diagnostics clinics are closed and the surgeries are postponed which is expected to limit the market growth.

  • New ophthalmology equipment and sophisticated methods are favored by the development of new ophthalmology devices and procedures, which is projected to drive the market.

  • Rising prevalence of eye diseases and demographic shift, is projected to boost the market.

  • Ophthalmic procedures and their risks, are projected to hinder the market growth.

  • Factors such as advantages of contact lenses over traditional glasses, rising use of technological gadgets by consumers of all ages, ageing population, and use of DD lenses are estimated to fuel the market.

Scope of UK Ophthalmology Devices Market Report

The report on the UK ophthalmology devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Ophthalmology Devices Market – UK Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Devices (Surgical Devices {Glaucoma Drainage Devices, Glaucoma Stents & Implants, Intraocular Lenses, Lasers, and others}, Diagnostic & Monitoring Devices {Autorefractors & Keratometers, Corneal Topography Systems, Ophthalmic Ultrasound Imaging Systems, Ophthalmoscopes, Optical Coherence Tomography Scanners, and Others}, and Vision Correction Devices {Spectacles, Contact Lenses})

Regional Scope

UK

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Carl Zeiss Meditec AG.; IRIDEX Corporation.; Nidek Co. Ltd.; Topcon Corporation.; Ziemer Ophthalmic Systems AG

UK Ophthalmology Devices Market Segment Insights

The contact lens segment is expected to grow at a rapid pace

Based on devices, the UK ophthalmology devices market is divided into surgical devices, diagnostic & monitoring devices, and vision correction devices. The surgical devices segment is further segregated into glaucoma drainage devices, glaucoma stents & implants, intraocular lenses, lasers, and others. The diagnostic & monitoring devices segment is sub-segregated into autorefractors & keratometers, corneal topography systems, ophthalmic ultrasound imaging systems, ophthalmoscopes, optical coherence tomography scanners, and others.

The vision correction devices segment is further bifurcated into spectacles and contact lenses. The contact lens segment is expected to grow at a rapid pace during the forecast period because they are used to correct eyesight and work in the same manner as traditional spectacles.

Contact lenses can be used to address a variety of vision issues, including myopia (nearsightedness), astigmatism, and hyperopia (far-sightedness). Over the last two decades, the number of contact lens wearers who require presbyopic correction has grown considerably. The latest generation of rigid and soft contact lenses offers various advantages over the previous generation. The number of people who replace their lens weekly have reduced and the number of people who use daily disposable lenses has risen.

UK Ophthalmology Devices Market Devices

UK is anticipated to constitute a key market share

The UK ophthalmology devices market is significantly fragmented due to the vast number of market participants. Market participants, particularly in emerging countries, focus on ongoing product development and supplying ophthalmology devices at competitive rates.

Segments

The UK ophthalmology devices market has been segmented on the basis of 

Devices

  • Surgical Devices
    • Glaucoma Drainage Devices
    • Glaucoma Stents & Implants
    • Intraocular Lenses
    • Lasers
    • Others
  • Diagnostic & Monitoring Devices
    • Autorefractors & Keratometers
    • Corneal Topography Systems
    • Ophthalmic Ultrasound Imaging Systems
    • Ophthalmoscopes
    • Optical Coherence Tomography Scanners
    • Others
  • Vision Correction Devices
    • Spectacles
    • Contact Lenses

Region

  • UK

Key Players

Competitive Landscape

Key players competing in the UK ophthalmology devices market include Carl Zeiss Meditec AG.; IRIDEX Corporation.; Nidek Co. Ltd.; Topcon Corporation.; Ziemer Ophthalmic Systems AG. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

UK Ophthalmology Devices Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ophthalmology Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Ophthalmology Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Ophthalmology Devices Market - Supply Chain
  4.5. Global Ophthalmology Devices Market Forecast
     4.5.1. Ophthalmology Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Ophthalmology Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Ophthalmology Devices Market Absolute $ Opportunity
5. Global Ophthalmology Devices Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Ophthalmology Devices Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Ophthalmology Devices Demand Share Forecast, 2019-2026
6. North America Ophthalmology Devices Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Ophthalmology Devices Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Ophthalmology Devices Demand Share Forecast, 2019-2026
7. Latin America Ophthalmology Devices Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Ophthalmology Devices Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Ophthalmology Devices Demand Share Forecast, 2019-2026
8. Europe Ophthalmology Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Ophthalmology Devices Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Ophthalmology Devices Demand Share Forecast, 2019-2026
9. Asia Pacific Ophthalmology Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Ophthalmology Devices Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Ophthalmology Devices Demand Share Forecast, 2019-2026
10. Middle East & Africa Ophthalmology Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Ophthalmology Devices Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Ophthalmology Devices Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Ophthalmology Devices Market: Market Share Analysis
  11.2. Ophthalmology Devices Distributors and Customers
  11.3. Ophthalmology Devices Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Carl Zeiss Meditec AG
     11.4.2. IRIDEX Corporation
     11.4.3. Nidek Co. Ltd
     11.4.4. Topcon Corporation
     11.4.5. Ziemer Ophthalmic Systems AG

Methodology

Our Clients

Microsoft
Honda Motor Co. Ltd.
sinopec
General Electric
FedEx Logistics
Deloitte
Nestle SA
The John Holland Group