Eye Examination Equipment Market Growth & Trends:
The global eye examination equipment market size is estimated to reach USD 5.75 billion by 2030, expanding at a CAGR of 6.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing prevalence of eye-related disorders is anticipated to drive the demand for advanced ophthalmic treatment procedures over the forecast period.
Growing global geriatric population is another factor propelling the optometry/eye examination equipment market. According to U.S. Census Bureau published on June 2017, the total population aged 65 and older in the U.S. increased to 49.2 million in 2016, accounting for 15.2% of the total population, from 35 million in 2000, which represented only 12.0% of the total population. Mounting cases of age-related disorders including glaucoma, cataracts, and age-related macular degeneration (AMD) are likely to stoke the growth of the market.
Eye Examination Equipment Market Report Highlights:
- Growing prevalence of eye diseases and influx of technologically advanced ophthalmic devices are anticipated to boost the growth of the optometry/eye examination equipment market over the forecast period
- Ophthalmic ultrasound imaging systems are expected to exhibit the fastest growth over the coming years, owing to rising penetration of B-Scan ultrasound
- The hospital segment dominated the market in 2024, owing to the many ophthalmic surgeries performed in these facilities
- The North American eye examination equipment market held the largest share in 2024, due to presence of well-established healthcare setting and treatment facility, surging demand for technologically advanced healthcare products, and favorable reimbursement facilities.
- The Asia Pacific eye examination equipment market is anticipated to grow at a CAGR of 7.0% during the forecast period. In July 2024, EssilorLuxottica completed the acquisition of an 80% stake in Heidelberg Engineering, a German-based company specializing in OCT scanners. This acquisition represents a major step forward in EssilorLuxottica's strategic expansion into the medical technology sector.
- Some of the key companies present in the market are Johnson & Johnson Services, Inc.; Alcon; Quantel Medical; Essilor; NIDEK CO.; LTD; and Canon