India Ophthalmic Devices Market Size & Outlook, 2023-2030
India ophthalmic devices market, 2018-2030 (US$M)
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India ophthalmic devices market highlights
- The India ophthalmic devices market generated a revenue of USD 211.9 million in 2023 and is expected to reach USD 330.8 million by 2030.
- The India market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, optical coherence tomography scanners was the largest revenue generating product in 2023.
- Optical Coherence Tomography Scanners is the most lucrative product segment registering the fastest growth during the forecast period.
Ophthalmic devices market data book summary
| Market revenue in 2023 | USD 211.9 million |
| Market revenue in 2030 | USD 330.8 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography scanners |
| Fastest growing segment | Optical Coherence Tomography Scanners |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Optical Coherence Tomography Scanners, Fundus Cameras, Perimeters/Visual Field Analysers, Autorefractors and Keratometers, Tonometers, Slit Lamps, Phoropters, Wavefront Aberrometers, Optical Biometry Systems, Ophthalmoscopes, Lensmeters, Corneal Topography Systems, Specular Microscopes, Retinoscopes, Ophthalmic Ultrasound Imaging Systems |
| Key market players worldwide | Johnson & Johnson, Alcon Inc, Carl Zeiss Meditec AG, Bausch & Lomb Corp, Essilorluxottica, Nidek Medical, Topcon Corp, Metall Zug Ltd Class B, Ziemer Ophthalmic Systems |
Other key industry trends
- In terms of revenue, India accounted for 3.1% of the global ophthalmic devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan ophthalmic devices market is projected to lead the regional market in terms of revenue in 2030.
- Philippines is the fastest growing regional market in Asia Pacific and is projected to reach USD 105.3 million by 2030.
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Ophthalmic Devices Market Scope
Ophthalmic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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India ophthalmic devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ophthalmic devices market will help companies and investors design strategic landscapes.
Optical coherence tomography scanners was the largest segment with a revenue share of 23.08% in 2023. Horizon Databook has segmented the India ophthalmic devices market based on optical coherence tomography scanners, fundus cameras, perimeters/visual field analysers, autorefractors and keratometers, tonometers, slit lamps, phoropters, wavefront aberrometers, optical biometry systems, ophthalmoscopes, lensmeters, corneal topography systems, specular microscopes, retinoscopes, ophthalmic ultrasound imaging systems covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of India ophthalmic devices market databook
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Our clientele includes a mix of ophthalmic devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India ophthalmic devices market , including forecasts for subscribers. This country databook contains high-level insights into India ophthalmic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India ophthalmic devices market size, by product, 2018-2030 (US$M)
India Ophthalmic Devices Market Outlook Share, 2023 & 2030 (US$M)
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