Australia Ophthalmic Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Australia Ophthalmic Devices Companies and it is Segmented by Devices (Surgical Devices (Glaucoma Drainage Devices, Intraocular Lenses, and Other Surgical Devices), Diagnostic and Monitoring Devices (Autorefractors and Keratometers, Corneal Topography Systems, Ophthalmic Ultrasound Imaging Systems, and Other Diagnostic and Monitoring Devices), and Vision Correction Devices). The report offers the value (in USD) for all the above segments.

Australia Ophthalmic Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Australia Ophthalmic Devices Market Size

View Global Report
Australia Ophthalmic Devices Market  Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.50 %
Market Concentration Medium

Major Players

Australia Ophthalmic Devices Market  Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Australia Ophthalmic Devices Market with other markets in Healthcare Industry

Biotechnology

Pharmaceuticals

Healthcare IT

Medical Devices

Animal Health

Device Drug Combination

Australia Ophthalmic Devices Market Analysis

The Australia Ophthalmic Devices Market is expected to register a CAGR of 5.5% during the forecast period.

The market for ophthalmic devices suffered during the lockdown, primarily as a result of fewer clinical or hospital visits. The ocular surface has been proposed as a potential site of exposure and infection by SARS-CoV-2, with COVID-19 patients developing ocular surface symptoms and follicular conjunctivitis, according to a research study published in the National Library of Medicine in January 2022, stated that ophthalmological community responded in part by increasing the use of telemedicine services, changing the triaging for surgical procedures and strengthening the use of personal protection equipment (PPE) (including the use of slit lamp breath shields). Thus, the COVID-19 pandemic severely curtailed ophthalmology services initially, currently as the pandemic has subsided the market has gained some traction, and thus the market is expected to have stable growth during the forecast period of the study.

Factors such as increasing vision impairment and initiatives by key market players are expected to increase the market growth. According to the WHO October 2021 update, rates of untreated near vision impairment are estimated to be greater than 80% in western, eastern, and central sub-Saharan Africa, compared to comparative rates in high-income regions of North America, Australia, and Western Europe, and Japan. The introduction of new goods and regulatory agency approvals have also significantly contributed to the market expansion. For instance, in June 2021, the Therapeutic Goods Administration (TGA) of Australia granted regulatory approval to Glaukos Corporation for the PRESERFLO MicroShunt, which is intended to lower intraocular pressure (IOP) in the eyes of individuals with primary open-angle glaucoma. These approvals are fueling the country's market expansion.

Although there have been advancements, the devices are stilled deemed unsafe, and can cause damages if not handled professionally, which might restrain the market growth.

Australia Ophthalmic Devices Industry Overview

Australia has a well-structured and developed healthcare system. Australia also promotes research and development for pharmaceutical devices and hence has a very high expenditure on healthcare. As a result of these policies, many companies globally are encouraged to operate in the region, which makes the market competitive. Australia ophthalmic devices market is moderately competitive and consists of several major players. Some of the companies that are currently dominating the market are Alcon Inc. Bausch Health Companies Inc, Johnson and Johnson, Carl Zeiss Meditec AG, and Ziemer Ophthalmic Systems AG among others.

Australia Ophthalmic Devices Market Leaders

  1. Alcon Inc

  2. Bausch Health Companies Inc

  3. Johnson and Johnson

  4. Carl Zeiss Meditec AG

  5. Ziemer Ophthalmic Systems AG

  6. *Disclaimer: Major Players sorted in no particular order
Australia Ophthalmic Devices Market  Concentration
Need More Details on Market Players and Competiters?
Download PDF

Australia Ophthalmic Devices Market News

  • In March 2022, Rayner, the British manufacturer and distributor of intraocular lenses (IOLs) and ophthalmic solutions, established a regional office in Sydney to directly manage its product distribution.
  •  in October 2021, SEED Co., Ltd. launched a new SEED 1-day Silfa silicone hydrogel daily disposable contact lens in Australia. SEED 1day Silfa features a low modulus allowing for excellent fitting characteristics and providing all-day comfort.

Australia Ophthalmic Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Demographic Shift and Increasing Prevalence of Eye Diseases
    • 4.2.2 Rising Geriatric Population
    • 4.2.3 Technological Advancements in Ophthalmic Devices
  • 4.3 Market Restraints
    • 4.3.1 Risk Associated with Ophthalmic Procedures
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Devices
    • 5.1.1 Surgical Devices
    • 5.1.1.1 Glaucoma Drainage Devices
    • 5.1.1.2 Intraocular Lenses
    • 5.1.1.3 Other Surgical Devices
    • 5.1.2 Diagnostic and Monitoring Devices
    • 5.1.2.1 Autorefractors and Keratometers
    • 5.1.2.2 Corneal Topography Systems
    • 5.1.2.3 Ophthalmic Ultrasound Imaging Systems
    • 5.1.2.4 Other Diagnostic and Monitoring Devices
    • 5.1.3 Vision Correction Devices

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Alcon Inc.
    • 6.1.2 Bausch Health Companies Inc.
    • 6.1.3 Carl Zeiss Meditec AG
    • 6.1.4 EssilorLuxottica SA
    • 6.1.5 HAAG-Streit Group
    • 6.1.6 Hoya Corporation
    • 6.1.7 Johnson and Johnson
    • 6.1.8 Nidek Co. Ltd
    • 6.1.9 Topcon Corporation
    • 6.1.10 Ziemer Ophthalmic Systems AG
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Australia Ophthalmic Devices Industry Segmentation

Ophthalmology is a branch of medical sciences, that deals with the structure, function, and various diseases related to the eye. The ophthalmic devices are medical equipment designed for diagnosis, surgical, and vision correction purposes. The Australia Ophthalmic Devices Market is Segmented by Devices (Surgical Devices (Glaucoma Drainage Devices, Intraocular Lenses, and Other Surgical Devices), Diagnostic and Monitoring Devices (Autorefractors and Keratometers, Corneal Topography Systems, Ophthalmic Ultrasound Imaging Systems, and Other Diagnostic and Monitoring Devices), and Vision Correction Devices). The report offers the value (in USD million) for all the above segments.

By Devices Surgical Devices Glaucoma Drainage Devices
Intraocular Lenses
Other Surgical Devices
Diagnostic and Monitoring Devices Autorefractors and Keratometers
Corneal Topography Systems
Ophthalmic Ultrasound Imaging Systems
Other Diagnostic and Monitoring Devices
Vision Correction Devices
Need A Different Region or Segment?
Customize Now

Australia Ophthalmic Devices Market Research FAQs

What is the current Australia Ophthalmic Devices Market size?

The Australia Ophthalmic Devices Market is projected to register a CAGR of 5.5% during the forecast period (2025-2030)

Who are the key players in Australia Ophthalmic Devices Market?

Alcon Inc, Bausch Health Companies Inc, Johnson and Johnson, Carl Zeiss Meditec AG and Ziemer Ophthalmic Systems AG are the major companies operating in the Australia Ophthalmic Devices Market.

What years does this Australia Ophthalmic Devices Market cover?

The report covers the Australia Ophthalmic Devices Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Australia Ophthalmic Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Dental Lab Industry Report

Statistics for the 2025 Australia Ophthalmic Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Australia Ophthalmic Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.