Ophthalmic Devices in India
High rates of eye disease make India a promising market for ophthalmic device makers. Major ophthalmic devices subcategories in India include:
- Diagnostic devices such as ophthalmoscopes, optical coherence tomography and transcorneal electrical stimulation devices
- Surgical devices such as excimer lasers (Lasik), pachymeters, tonometers, vitreoretinal surgery machines and phaco machines
- Intraocular and corneal implants such as eye sphere implant, orbital implant and retinal prostheses
- Contact lenses, eyeglass lenses, orthokeratology systems, silicon oil, visco-elastic solutions for ophthalmic surgery and balanced salt solutions
There are about 15,000 practicing ophthalmologists in India. Indian surgeons perform 5 million cataract surgeries annually of which 90 percent included intraocular lens implantation. Over 12 million Indian suffer from glaucoma. India has over 10 million blind citizens and 2 million are added every year. 60% of blindness is caused by cataract and about 13% from glaucoma.
Ophthalmic services are offered across all major cities in India. Most practitioners work in solo practices while ophthalmic surgeons are often attached to hospitals or universities. Eye hospitals across the country are run by governments, corporations and non-profits. One of the most celebrated facilities is the Aravind Eye Hospital with 10 locations in South India. Here, they perform over 370,000 eye surgeries a year. Other prominent ophthalmic hospitals in India are the Shroff Eye Centre in Delhi, L.V. Prasad Eye Institute in Hyderabad, Dr. Daljit Singh Eye Hospital in Amritsar and the Sankar Netralaya with over 10 locations. Many general hospitals also offer ophthalmic services.
Prominent global medical device companies in India’s ophthalmic market include Alcon, Abbott Medical Optics, Bausch & Lomb, Carl Zeiss Meditec, and J&J Vision Care. Indian ophthalmic medical device companies include Appasamy Associates of Chennai, GKB Ophthalmic of Goa and Techtran Polylenses Ltd of Hyderabad.