Towards Healthcare
Ophthalmic Imaging Market to Grow USD 4.83 Bn by 2034

Ophthalmic Imaging Market Forecast 2025 to 2034 AI, Tele-Ophthalmology, and Portable Imaging Driving Expansion

Based on market forecasts, the ophthalmic imaging sector will expand from USD 2.66 billion in 2024 to USD 4.83 billion by 2034, experiencing a CAGR of 6.27%.The rising prevalence of ocular disorders and technological advancements drive the global market. North America led the market due to the presence of key players and a robust healthcare infrastructure.

Category: Medical Imaging Insight Code: 6040 Format: PDF / PPT / Excel

Ophthalmic Imaging Market Size, Top Key Players and Growth

The global ophthalmic imaging market size is calculated at USD 2.66 billion in 2024, grew to USD 2.83 billion in 2025, and is projected to reach around USD 4.83 billion by 2034. The market is expanding at a CAGR of 6.27% between 2025 and 2034.

Ophthalmic Imaging Market Size 2024 to 2034

The ophthalmic imaging market is primarily driven by the rising prevalence of ocular disorders and advancements in technology. Government organizations raise awareness about the screening and early diagnosis of ocular disorders through initiatives. Prominent players collaborate to access advanced technologies and expand their geographical presence. Integrating artificial intelligence (AI) in ophthalmic imaging improves its accuracy and precision. The future looks promising, with the growing demand for portable imaging devices.

Key Takeaways

  • The ophthalmic imaging market will likely exceed USD 2.66 billion by 2024.
  • Valuation is projected to hit USD 4.83 billion by 2034.
  • Estimated to grow at a CAGR of 6.27% starting from 2025 to 2034.
  • North America held a major revenue share of approximately 34-38% in the market in 2024.
  • Asia-Pacific is expected to witness the fastest growth during the predicted timeframe.
  • By imaging modality/product type, the optical coherence tomography (OCT) segment dominated the market with a share of approximately 32-36% in 2024.
  • By imaging modality/product type, the OCT-angiography (OCT-A) segment is expected to witness the fastest growth in the ophthalmic imaging market over the forecast period.
  • By clinical application/use cases, the retinal disease segment registered its dominance over the global market with a share of approximately 38% in 2024.
  • By end-user/buyer, the ophthalmology clinics & hospitals segment contributed the biggest revenue share of approximately 45% in the market in 2024.
  • By end-user/buyer, the optometry practices & vision centers segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By sales/distribution channel, the direct OEM sales segment held a dominant revenue share of approximately 50% in the market in 2024.
  • By sales/distribution channel, the SaaS billing & subscription models segment is expected to expand rapidly in the market in the coming years.

Quick Facts Table

Table Scope
Market Size in 2025 USD 2.83 Billion
Projected Market Size in 2034 USD 4.83 Billion
CAGR (2025 - 2034) 6.27%
Leading Region North America
Market Segmentation By Imaging Modality/Product Type, By Clinical Application/Use Case, By End-User/Buyer, By Sales/Distribution Channel, By Region
Top Key Players Carl Zeiss Meditec AG, Topcon Corporation, Canon Inc. (Canon Medical / Canon Ophthalmic), NIDEK Co., Ltd., Heidelberg Engineering GmbH, Optos (part of Nikon/Optos), Optovue, Inc., Kowa Company, Ltd., Haag-Streit Holding AG, Konan Medical USA, Inc., iCare Finland Oy, Tomey Corporation, Clarity Medical Systems, Optomed Oyj, AEYE Health (AEYE), Imagine Eyes, Optina Diagnostics, Intalight, IRIDEX Corporation, Sonomed Escalon

Market Overview

The ophthalmic imaging market refers to devices and software used to visualize, measure, and document eye anatomy and function for diagnosis, treatment planning, and monitoring of ocular disease. Core modalities include optical coherence tomography (OCT), fundus / retinal cameras (including ultra-widefield), OCT-angiography (OCT-A), slit-lamp imaging, corneal topography/tomography, ophthalmic ultrasound, and ancillary imaging (pachymetry, specular microscopy, fluorescein angiography). Systems increasingly combine hardware with software (image analysis, AI/ML diagnostic assists), cloud storage, and teleophthalmology workflows. The market spans clinics, hospitals, eye care chains, optometry practices, and screening programs.

FDA Approval: In February 2025, AI Optics announced that the U.S. Food and Drug Administration (FDA) approved its Sentinel Camera for retinal disease screening. Sentinel Camera is a handheld retinal imaging system that captures high-quality images without the need for dilation.

Increasing Collaboration: In February 2025, Optos announced a collaboration with Monaco to develop MonacoPro, a next-generation ultra-widefield scanning laser ophthalmology (SLO) and spectral domain retinal imaging solution. The solution enhances OCT image quality and improves diagnostic precision.

What is the Role of AI in the Ophthalmic Imaging Market?

AI plays a vital role in ophthalmic imaging by enhancing the efficiency and accuracy of diagnosing ocular disorders. AI-assisted ophthalmic imaging analyzes vascular changes and retinal images to determine the stages of ocular disorders, enabling clinical decision-making. AI can identify minimal alterations in the eyes that are difficult for healthcare professionals. AI and machine learning (ML) algorithms can analyze vast amounts of data, facilitating the screening of a large patient population. Smartphone imaging can advance the diagnosis of anterior segment diseases, improving access to eye care and providing rapid results.

Market Dynamics

Driver

Rising Prevalence of Ocular Disorders

The major growth factor for the ophthalmic imaging market is the rising prevalence of ocular disorders. Cataract, glaucoma, age-related macular degeneration, and diabetic retinopathy are some of the common ocular disorders. In 2020, 76 million people were estimated to be affected by glaucoma globally, and it is projected that 112 million people will be affected by 2040. The major risk factors of these disorders are genetics, infectious diseases, and environmental factors. The growing geriatric population and the increasing prevalence of chronic disorders, such as diabetes, are major concerns. People are becoming aware of early diagnosis of ocular disorders, fostering market growth.

Restraint

High Cost

The installation of ophthalmic imaging systems is very expensive, limiting the affordability of many healthcare organizations in low- and middle-income countries. The average cost of an ophthalmic imaging system falls in the range of $20,000 to $80,000. This significantly impacts the cost of a single scan for patients. A single scan may range from $40 to $250.

Opportunity

What is the Future of the Ophthalmic Imaging Market?

The market future is promising, driven by the growing demand for portable imaging systems and tele-ophthalmology. Companies develop innovative portable imaging systems to deliver enhanced care. Portable systems can be carried from one place, eliminating the need for patients to personally visit a clinic. Advancements in camera technology improve the image quality, offering enhanced magnification. Tele-ophthalmology is an emerging field that enables remote monitoring and diagnosis. Video visits and eye evaluations through computer webcams are common methods used by ophthalmologists. Ongoing efforts are made to develop accurate and reliable teleophthalmic systems with accuracy similar to or better than in-person visits.

Segmental Insights

Why Did the Optical Coherence Tomography (OCT) Segment Dominate the Ophthalmic Imaging Market?

By imaging modality/product type, the optical coherence tomography (OCT) segment held a dominant presence in the market in 2024. This is due to the growing demand for non-invasive diagnostic tests. OCT is a traditional imaging technique that uses reflected light to create images of the back of the eye. It helps to diagnose and treat a wide range of disorders, including bull’s eye maculopathy, eye cancer, glaucoma, posterior vitreous detachment, and retinal tears. OCT is widely preferred due to high-resolution images, as well as high accuracy and precision. Additionally, it is cost-effective and easily available to clinicians globally.

By imaging modality/product type, the OCT-angiography (OCT-A) segment is expected to grow at the fastest CAGR in the market during the forecast period. The demand for OCT-A is increasing due to its non-invasiveness and shorter acquisition times. OCT-A is used for imaging the microvasculature of the retina and the choroid. It is a 3D technique that provides details of every direction of the macula and peripapillary capillaries. It also provides quantitative analysis of the retinal vessels.

How the Retinal Disease Segment Dominated the Ophthalmic Imaging Market?

By clinical application/use cases, the retinal disease segment held the largest revenue share of the market in 2024. This is due to the increasing prevalence and risk of chronic disorders, such as diabetes and hypertension. The different types of retinal diseases include diabetic retinopathy, macular degeneration, retinal tear, retinal detachment, and retinitis pigmentosa. The prevalence of macular degeneration in India is 4.7% of people with 40 years and above. Retinal diseases are major causes of vision loss globally. Hence, screening and early diagnosis of retinal diseases are essential, especially for the geriatric population.

The diabetic retinopathy sub-segment is expected to expand rapidly. Diabetes is a major public health concern among people globally. The International Diabetes Federation (IDF) reported that approximately 11.1% of the adult population in the world suffers from diabetes. It is also predicted that about 853 million people will be living with diabetes by 2050. It is estimated that more than half of the people with diabetes will develop diabetic retinopathy.

Which End-User/Buyer Segment Led the Ophthalmic Imaging Market?

By end-user/buyer, the ophthalmology clinics & hospitals segment led the global market in 2024. The segmental growth is attributed to the presence of skilled professionals and specialized equipment. Ophthalmic clinics and hospitals have experts from different disciplines, providing multidisciplinary expertise. The increasing number of ophthalmic clinics and hospitals and favorable reimbursement policies boost the segment’s growth.

By end-user/buyer, the optometry practices & vision centers segment is expected to expand rapidly in the market in the coming years. The increasing incidence of myopia and vision impairment necessitates people to visit optometry & vision centers. According to the World Health Organization (WHO), 2.2 billion people have near or distant vision impairment.Refractive errors and cataracts are leading causes of vision impairment globally. The WHO and government agencies take several measures to encourage people to have regular eye check-ups.

What Made Direct OEM Sales the Dominant Segment in the Ophthalmic Imaging Market?

By sales/distribution channel, the direct OEM sales segment contributed the highest revenue share of the market in 2024. Hospitals and clinics sign a contract with original equipment manufacturers (OEMs) for the delivery and maintenance of ophthalmic imaging devices. This helps them to receive affordable devices and after-sales services. OEMs can also provide customized solutions to hospitals based on the user experience, thereby resolving common issues.

By sales/distribution channel, the SaaS billing & subscription models segment is expected to witness the fastest growth in the market over the forecast period. The increasing use of cloud-based software solutions for ophthalmic imaging potentiates the need for subscription models. Healthcare professionals prefer using Picture Archiving & Communication Systems (PACS) for accessing patient data from remote locations. These technologies demand annual subscriptions.

Regional Analysis

Which Factors Contribute to the Ophthalmic Imaging Market in North America?

North America dominated the global market in 2024. The presence of key players, new product launches, and a robust healthcare infrastructure are the major growth factors of the market in North America. The rising prevalence of ocular disorders and the growing geriatric population promote the demand for ophthalmic imaging. The increasing investments and collaborations among key players also contribute to market growth. Favorable government and regulatory support encourage researchers to develop and deploy innovative imaging systems.

U.S. Market Trends

Key players, such as AEYE Health and Optovue, Inc., are major contributors to the market in the U.S. In February 2024, the Advanced Research Projects Agency for Health (ARPA-H) announced the development of Photonic Chips-based Optical Coherence Tomography (PIC-OCT), a device for faster and more affordable eye scanning. The project includes a budget of up to $20 million over 5 years.

Canada Market Trends

It is estimated that approximately 8 million Canadians have one of the four major eye diseases. INOVAIT and the Government of Canada have announced an investment of $10.7 million to support commercialization-focused R&D projects, including the advancement of image-guided therapy through AI, big data, and ML.

Increasing Awareness Promotes the Asia-Pacific

Asia-Pacific is expected to grow at the fastest CAGR in the ophthalmic imaging market during the forecast period. The burgeoning healthcare sector and the rising adoption of advanced technologies bolster market growth. Government and private organizations conduct seminars, conferences, and workshops to raise awareness about the screening and early diagnosis of ocular disorders. The Asia-Pacific Ocular Imaging Society provides a professional and educational platform for ophthalmologists and advances knowledge in ocular imaging.

China Market Trends

The Congress of Ophthalmology and Optometry China (COOC) 2025 was held at the Shanghai Convention & Exhibition Center of International Sourcing in April 2025 to showcase advanced ophthalmic products, eye care, lenses, and pharmaceuticals. Moreover, the National Medical Products Administration (NMPA) approved ZEISS CLARUS 700 with fluorescein angiography, developed by Zeiss Medical Technology, in June 2025.

Hong Kong Market Trends

In June 2025, Hong Kong conducted a first-of-its-kind new brain health service that utilized retinal imaging AI to predict Alzheimer’s disease risk. I-Cognito’s AI validated 13,000 fundus images from 648 Alzheimer’s patients and over 3,000 patients with normal cognition. Zhaoke Ophthalmology Pharmaceutical Ltd., a Hong Kong-based company, generated a revenue of RMB 69.32 million in 2024.

Value Chain Analysis of the Ophthalmic Imaging Market

R&D

Researchers focus on developing innovative ophthalmic imaging devices by leveraging AI, ML, and large language models (LLMs) for real-time analysis of ophthalmic conditions to enhance the accuracy and precision, resulting in rapid outcomes.

Key Players: Syneos Health, Sectra Medical, and Topcon Corporation

Distribution to Hospitals

Companies distribute their novel and innovative ophthalmic imaging devices to hospitals and clinics, enabling healthcare professionals to provide advanced patient care.

Key Players: Heidelberg Engineering, Remidio, Appasamy Associates, and Forus Health

Patient Support & Services

Patient support & services in ophthalmic imaging include the use of portable and non-invasive ophthalmic devices for determining ocular disorders at affordable rates. It also refers to patient education and a smooth experience during the diagnostic process.

Key Players: Voiant Clinical, Clario, Carl Zeiss, and DAS Health

Top Companies in the Ophthalmic Imaging Market

Ophthalmic Imaging Market Companies

  • Carl Zeiss Meditec AG
  • Topcon Corporation
  • Canon Inc. (Canon Medical / Canon Ophthalmic)
  • NIDEK Co., Ltd.
  • Heidelberg Engineering GmbH
  • Optos (part of Nikon/Optos)
  • Optovue, Inc.
  • Kowa Company, Ltd.
  • Haag-Streit Holding AG
  • Konan Medical USA, Inc.
  • iCare Finland Oy
  • Tomey Corporation
  • Clarity Medical Systems
  • Optomed Oyj
  • AEYE Health (AEYE)
  • Imagine Eyes
  • Optina Diagnostics
  • Intalight
  • IRIDEX Corporation
  • Sonomed Escalon

Latest Announcement by Industry Leaders

Ram Liebenthal, General Manager US at Heidelberg Engineering, commented that the FDA clearance of SPECTRALIS Flex Module fulfills the company’s vision of bringing Heidelberg image quality to all patients, regardless of their age or physical abilities. He also said that the module ensures patients have access to best-in-class imaging, offering peace of mind to parents, guardians, and caretakers.

Recent Developments in the Ophthalmic Imaging Market

  • In June 2025, the independent eye health clinic Center for Sight launched the IMVIS (Infinite Medical Ventures Imaging System) platform, a 3D imaging system, to enable remote key eye examinations. The platform enables clinicians to capture and review 3D video images of the eye in real time.
  • In September 2024, researchers from Xi’an Jiaotong-Liverpool University (XJTLU) and VoxelCloud, Inc. launched a novel AI-powered medical imaging technique, DualStreamFoveaNet (DSFN). The technique combines retina images with vascular distribution information to accurately locate the fovea.

Segments Covered in the Report

By Imaging Modality/Product Type

  • Optical Coherence Tomography (OCT)
    • Spectral-domain OCT (SD-OCT)
    • Swept-source OCT (SS-OCT)
    • Handheld/Portable OCT
  • OCT-Angiography (OCT-A)
  • Fundus/Retinal cameras
    • Standard fundus (30-50o)
    • Widefield/Ultra-widefield fundus (UWF)
    • Handheld/Portable fundus cameras
  • Slit-lamp imaging (anterior segment photography)
  • Corneal topography/tomography (Scheimpflug, Placido)
  • Specular microscopy (endothelial imaging)
  • Ophthalmic ultrasound (A-scan, B-scan, UBM)
  • Pachymeters and anterior-segment biometers
  • Fluorescein/angiography imaging systems
  • Combined multimodal workstations (OCT + fundus + FA)

By Clinical Application/Use Case

  • Retinal disease (AMD, diabetic retinopathy, RVO)
  • Glaucoma (RNFL, optic nerve head analysis)
  • Corneal disease & refractive planning (topography/tomography)
  • Anterior-segment & cataract workflows (biometry)
  • Emergency/Trauma (ocular ultrasound, B-Scan)
  • Screening programs & primary care triage

By End-User/Buyer

  • Ophthalmology clinics & hospitals (tertiary retina centers)
  • Optometry practices & vision centers
  • Diagnostic imaging centers & ambulatory surgical centers (ASCs)
  • Primary care/community screening programs (portable devices)
  • Research & academic institutions
  • Telemedicine providers & screening service companies

By Sales/Distribution Channel

  • Direct OEM sales (hospital contracts)
  • Distributors & dealer networks (optometry)
  • Online / value resellers (portable devices)
  • SaaS billing & subscription models (software/AI)

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 25 August 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The ophthalmic imaging market stands at USD 2.83 billion in 2025 and is expected to reach USD 4.83 billion by 2034, growing at a CAGR of 6.27% from 2024 to 2034.

North America is leading the ophthalmic imaging market due to the availability of a robust healthcare infrastructure, the presence of key players, and the increasing prevalence of ocular disorders.

Some key players include Carl Zeiss Meditec AG, Heidelberg Engineering GmbH, Tomey Corporation, and Optina Diagnostics.

Key trends include the growing awareness of diagnosing eye-related disorders, increasing investments, and favorable government support.

The risks associated with retinal imaging are temporary skin discoloration, dark yellow or orange urine, dizziness, dry mouth, increased heart rate, and sneezing.

Centers for Disease Control and Prevention, Advanced Research Projects Agency for Health, World Health Organization