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The ophthalmic handheld devices industry is competitive in nature, with several large multinationals as well as small and mid-sized companies competing in the industry. The development and launch of novel advanced product types based on different technologies is among a key market strategy. Some of the leading industry players including Topcon Corporation, NIDEK CO., LTD., ZEISS International, HEINE Optotechnik GmbH & Co. KG, and Kowa Company Ltd. among others have a notable presence in the market.
Some of the eminent market participants operating in the ophthalmic handheld devices industry include:
Ophthalmic handheld devices industry from the ophthalmoscopes product type segment reached USD 86.1 million in 2023 owing to increasing prevalence of eye diseases, such as diabetic retinopathy, age-related macular degeneration (AMD), and glaucoma necessitating regular eye examinations.
North America industry size for ophthalmic handheld devices recorded USD 204.5 million in 2023 and is expected to register commendable CAGR from 2024-2032 due to willingness to invest in advanced medical technologies, including ophthalmic handheld devices in the region.
Topcon Corporation, NIDEK CO., LTD., ZEISS International, HEINE Optotechnik GmbH & Co. KG, Halma plc, Quantel Medical, Coburn Technologies Inc., and HAAG-STREIT GROUP are some of the major ophthalmic handheld devices companies worldwide.
Market size for ophthalmic handheld devices was USD 553.6 million in 2023 and is expected to reach over USD 709.2 million by 2032 due to the ongoing technological advancements, the rising incidence of eye disorders, and an expanding geriatric population worldwide.