Global Ophthalmic Handheld Devices market to reach $0.61 billion by 2033, driven by technology

From GlobeNewswire: 2024-05-16 22:00:00

The Global Ophthalmic Handheld Devices market is set to grow from USD 0.49 billion in 2023 to USD 0.61 billion by 2033, with a CAGR of 2.21%. Technological advancements in devices like teleophthalmology and AI algorithms by companies like EyeNetra and Lunit are driving market growth, despite challenges like high costs and lack of technicians.

Ophthalmoscopes dominate the market, detecting and evaluating eye diseases like glaucoma. Digital/smart handheld devices are witnessing significant growth, especially for screening retinal diseases like diabetic retinopathy. Hospitals and eye clinics lead in end-use, offering quick and efficient eye examinations with advanced tools.

North America leads the market due to a growing geriatric population, while the Asia-Pacific region is expected to grow fastest. Major vendors in the market include Haag-Streit Group, Topcon Corporation, and Zeiss International. Recent developments include Carl Zeiss Meditec AG’s acquisition of Dutch Ophthalmic Research Center (D.O.R.C.) to expand its market position.



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