According to the report, Technological advancements in ophthalmic equipment is one of the primary growth factors for the market. Rising prevalence of eye diseases is also expected to contribute significantly to the Ophthalmic Equipment market. Overall, Refractive correction applications of Ophthalmic Equipment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Ophthalmic Equipment Market identified that the demand is rising in many different parts of the world due to "Increasing government initiatives to control visual impairment". Furthermore, some recent industry insights like "In May 2020 Icare USA has introduced two new diagnostic technologies, technologies for both glaucoma and retina specialties the CenterVue DRSplus Confocal Fundus Imaging System named Next-Generation Icare ic200 Handheld Tonometer. Its ease of use and ability to reproduce consistently high-quality color images of both eyes in under 10 seconds." is constantly making the industry dynamic. One of the challenges that industry facing is "Increasing adoption of contact lenses and spectacles"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Ophthalmic Equipment market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ophthalmic Equipment market and other related sub-markets covered in the study.

o Key & emerging players in the Ophthalmic Equipment market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Ophthalmic Equipment market size is calculated using market estimation process, the Ophthalmic Equipment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ophthalmic Equipment market size has been validated using both top-down and bottom-up approaches.