North America Ophthalmic Devices Market Size & Outlook
North America ophthalmic devices market, 2018-2030 (US$M)
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North America ophthalmic devices market highlights
- The North America ophthalmic devices market generated a revenue of USD 2,968.9 million in 2023.
- The market is expected to grow at a CAGR of 4.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,968.9 million |
| Market revenue in 2030 | USD 4,056.1 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography scanners |
| Fastest growing segment | Optical Coherence Tomography Scanners |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 43.8% of the global ophthalmic devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,208.2 million by 2030.
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Ophthalmic Devices Market Scope
Ophthalmic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 23.21% in 2024. Horizon Databook has segmented the North America 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.
North America’s dominance in the ophthalmic devices market is driven by high healthcare expenditure, the presence of well-established healthcare infrastructure, and the presence of major industry players in the region.
Particularly in the U.S. According to the American Hospital Association's 2024 statistics, there are approximately 6,120 operational hospitals in the U.S., contributing to the robust healthcare system.
The growing prevalence of ophthalmic disorders, such as cataracts and glaucoma disease, has significantly increased the demand for advanced diagnostic and treatment devices.
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Our clientele includes a mix of ophthalmic devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ophthalmic devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America ophthalmic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America ophthalmic devices market size, by country, 2018-2030 (US$M)
North America Ophthalmic Devices Market Outlook Share, 2024 & 2030 (US$M)
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