Ophthalmic Diagnostic Equipment Market Share

Regionally, the ophthalmic diagnostic equipment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America industry is likely to dominate majority revenue share by 2037, on the back of higher prevalence of eye diseases and advancements in the utilization of the PC and laptops. According to a report published by the Centers for Diseases Control and Prevention, it was stated that about 12 million people aged 40 or above suffer from vision impairment solely in the USA. Additionally, the rising inclination toward e-learning is also projected to boost the growth of the market in the region over the forecast period. Moreover, the growing geriatric population with multiple eye disorders in the region is also anticipated to hike the growth of the market over the forecast period. A report by the World Bank showed that, in 2020, the geriatric population of the United States was 55,131,698. Such factors are estimated to hike the growth of the ophthalmic diagnostic equipment market in the region during the forecast period.