North America Ophthalmology Devices Market Forecast to 2031

At 8.5% CAGR, North America Ophthalmology Devices Market is Projected to be Worth US$ 32,959.00 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the North America ophthalmology devices market was valued at US$ 17,221.21 million in 2023 and is expected to reach US$ 32,959.00 million by 2031, registering a CAGR of 8.5% from 2023 to 2031. Upsurge in incidence of ophthalmic disorders and increasing number of product launches, collaborations, acquisitions are among the critical factors attributed to the North America ophthalmology devices market expansion.

Ophthalmic devices are designed for surgical, diagnostic, and vision correction purposes. These devices have gained substantial importance over the years due to the high incidence of cataracts, glaucoma, and other vision-related issues. The adult population is more prone to ophthalmic disorders. According to the Glaucoma Research Foundation 2024, ~3 million Americans and ~80 million people worldwide suffer from Glaucoma. Hence, the rising burden of ophthalmic diseases such as cataracts among adult and older populations propels the need for vision care devices (contact lenses, spectacle lenses, etc.), diagnostics and monitoring devices (ophthalmic ultrasound imaging systems, fundus cameras, and so on), and surgical devices (refractive surgical devices, ophthalmic microscopes, etc.). The demand for quality eye care products is increasing with a rise in the prevalence of ophthalmic diseases across the region.

On the contrary, the high cost of ophthalmic surgeries hampers the growth of North America ophthalmology devices market.

Based on product, the North America ophthalmology devices market is segmented into vision care products, surgical devices, and diagnostics and monitoring devices. The vision care products segment held 60.2% share of the North America ophthalmology devices market in 2023, amassing US$ 10,359.86 million. It is projected to garner US$ 20,612.26 million by 2031 to expand at 9.0% CAGR during 2023–2031.

In terms of application, the North America ophthalmology devices market is segmented into cataract, glaucoma, refractory disorders, vitreoretinal disorders, and other applications. The glaucoma segment held 44.3% share of the North America ophthalmology devices market in 2023, amassing US$ 7,629.25 million. It is estimated to garner US$ 15,762.60 million by 2031 to expand at 9.5% CAGR during 2023–2031.

By end user, the North America ophthalmology devices market is segmented into hospital and eye clinics, academic and research laboratories, and other end users. The hospital and eye clinics segment held 72.3% share of North America ophthalmology devices market in 2023, amassing US$ 12,447.50 million. It is predicted to garner US$ 24,604.21 million by 2031 to expand at 8.9% CAGR during 2023–2031.

Based on country, the North America ophthalmology devices market is categorized into US, Canada, and Mexico. The US held 82.3% share of North America ophthalmology devices market in 2023, amassing US$ 14,164.45 million. It is projected to garner US$ 27,573.50 million by 2030 to expand at 8.7% CAGR during 2023–2031.

Key players operating in the North America ophthalmology devices market are Johnson & Johnson Vision Care Inc, Alcon AG, Carl Zeiss Meditec, Bausch & Lomb Inc, Essilor Intonational SAS, Nidek Co Ltd, Topcon Corp, Haag-Streit AG, Ziemer Ophthalmic Systems AG, and Hoya Corp., among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America ophthalmology devices market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America ophthalmology devices market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. North America Ophthalmology Devices Market – Key Market Dynamics
4.1 North America Ophthalmology Devices Market – Key Market Dynamics
4.2 Market Drivers
4.2.1 Upsurge in Incidence of Ophthalmic Disorders
4.2.2 Increasing Number of Product Launches, Collaborations, Acquisitions
4.3 Market Restraints
4.3.1 High Cost of Ophthalmic Surgeries
4.4 Market Opportunities
4.4.1 Technological Advancements in Ophthalmic Devices
4.5 Future Trends
4.5.1 Growing Focus on Telemedicine for Eye Care Services
4.6 Impact analysis
5. Ophthalmology Devices Market -North America Analysis
5.1 North America Ophthalmology Devices Market Revenue (US$ Million), 2021-2031
6. North America Ophthalmology Devices Market Analysis – by Product
6.1 North America Ophthalmology Devices Market Breakdown, by Product
6.1.1 North America Ophthalmology Devices Market Breakdown, by Vision Care Devices
6.1.2 North America Ophthalmology Devices Market Breakdown, by Diagnostic and Monitoring Devices
6.1.3 North America Ophthalmology Devices Market Breakdown, by Surgical Devices
6.2 Vision Care Devices
6.2.1 Overview
6.2.2 Vision Care Devices: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
6.3 Diagnostic and Monitoring Devices
6.3.1 Overview
6.3.2 Diagnostic and Monitoring Devices: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
6.4 Surgical Devices
6.4.1 Overview
6.4.2 Surgical Devices: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
6.4.3 North America Ophthalmology Devices Market Analysis – by Application
6.5 Glaucoma
6.5.1 Overview
6.5.2 Glaucoma: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
6.6 Cataract
6.6.1 Overview
6.6.2 Cataract: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
6.7 Vitreoretinal Disorders
6.7.1 Overview
6.7.2 Vitreoretinal Disorders: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
6.8 Refractory Disorders
6.8.1 Overview
6.8.2 Refractory Disorders: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
6.9 Others
6.9.1 Overview
6.9.2 Others: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
7. North America Ophthalmology Devices Market Analysis – by End User
7.1 Hospitals and Eye Clinics
7.1.1 Overview
7.1.2 Hospitals and Eye Clinics: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Academic and Research Laboratory
7.2.1 Overview
7.2.2 Academic and Research Laboratory: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Others
7.3.1 Overview
7.3.2 Others: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
8. North America Ophthalmology Devices Market -Country Analysis
8.1 North America
8.1.1 North America: Ophthalmology Devices Market – Revenue and Forecast Analysis – by Country
8.1.1.1 United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
8.1.1.1.1 United States: Ophthalmology Devices Market Breakdown, by Product
8.1.1.1.2 United States: Ophthalmology Devices Market Breakdown, by Vision Care Devices
8.1.1.1.3 United States: Ophthalmology Devices Market Breakdown, by Diagnostic and Monitoring Devices
8.1.1.1.4 United States: Ophthalmology Devices Market Breakdown, by Surgical Devices
8.1.1.1.5 United States: Ophthalmology Devices Market Breakdown, by Application
8.1.1.1.6 United States: Ophthalmology Devices Market Breakdown, by End User
8.1.1.2 Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
8.1.1.2.1 Canada: Ophthalmology Devices Market Breakdown, by Product
8.1.1.2.2 Canada: Ophthalmology Devices Market Breakdown, by Vision Care Devices
8.1.1.2.3 Canada: Ophthalmology Devices Market Breakdown, by Diagnostic and Monitoring Devices
8.1.1.2.4 Canada: Ophthalmology Devices Market Breakdown, by Surgical Devices
8.1.1.2.5 Canada: Ophthalmology Devices Market Breakdown, by Application
8.1.1.2.6 Canada: Ophthalmology Devices Market Breakdown, by End User
8.1.1.3 Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
8.1.1.3.1 Mexico: Ophthalmology Devices Market Breakdown, by Product
8.1.1.3.2 Mexico: Ophthalmology Devices Market Breakdown, by Vision Care Devices
8.1.1.3.3 Mexico: Ophthalmology Devices Market Breakdown, by Diagnostic and Monitoring Devices
8.1.1.3.4 Mexico: Ophthalmology Devices Market Breakdown, by Surgical Devices
8.1.1.3.5 Mexico: Ophthalmology Devices Market Breakdown, by Application
8.1.1.3.6 Mexico: Ophthalmology Devices Market Breakdown, by End User
9. Industry Landscape
9.1 Overview
9.2 Growth Strategies in Ophthalmology Devices Market
9.3 Organic Growth Strategies
9.3.1 Overview
9.4 Inorganic Growth Strategies
9.4.1 Overview
10. Company Profiles
10.1 Johnson & Johnson Vision Care, Inc.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Alcon AG
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Carl Zeiss Meditec
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Bausch & Lomb Inc
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Essilor International SAS
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Nidek Co., Ltd.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Topcon Corp
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Haag-Streit AG
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Ziemer Ophthalmic Systems AG
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Hoya Corp
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Research Team
11.2 Glossary of Terms for Ophthalmology Devices Market

LIST OF TABLES

Table 1. North America Ophthalmology Devices Market Segmentation
Table 2. North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Product
Table 3. North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Vision Care Devices
Table 4. North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Diagnostic and Monitoring Devices
Table 5. North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Surgical Devices
Table 6. United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Product
Table 7. United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Vision Care Devices
Table 8. United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Diagnostic and Monitoring Devices
Table 9. United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Surgical Devices
Table 10. United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 11. United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 12. Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Product
Table 13. Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Vision Care Devices
Table 14. Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Diagnostic and Monitoring Devices
Table 15. Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Surgical Devices
Table 16. Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 17. Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 18. Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Product
Table 19. Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Vision Care Devices
Table 20. Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Diagnostic and Monitoring Devices
Table 21. Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Surgical Devices
Table 22. Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 23. Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 24. Recent Organic Growth Strategies in Ophthalmology Devices Market
Table 25. Recent Inorganic Growth Strategies in the Ophthalmology Devices Market
Table 26. Glossary of Terms

LIST OF FIGURES

Figure 1. North America Ophthalmology Devices Market Segmentation, by Country
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. North America Ophthalmology Devices Market Revenue (US$ Million), 2021-2031
Figure 4. North America Ophthalmology Devices Market Share (%) – by Product (2023 and 2031)
Figure 5. Vision Care Devices: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 6. Diagnostic and Monitoring Devices: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Surgical Devices: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. North America Ophthalmology Devices Market Share (%) – by Application (2023 and 2031)
Figure 9. Glaucoma: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Cataract: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Vitreoretinal Disorders: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Refractory Disorders: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Others: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. North America Ophthalmology Devices Market Share (%) – by End User (2023 and 2031)
Figure 15. Hospitals and Eye Clinics: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Academic and Research Laboratory: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Others: North America Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. North America: Ophthalmology Devices Market by Key Countries – Revenue (2023) US$ Million
Figure 19. North America: Ophthalmology Devices Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 20. United States: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Canada: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Mexico: Ophthalmology Devices Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Growth Strategies in Ophthalmology Devices Market