SAN FRANCISCO —The global ophthalmic market was worth an estimated $48.5 billion in 2023, according to Market Scope data presented here.
“Incremental advances are great, but doctors will pay for an inventive machine that’s going to change the way they do stuff and make it better and safer and faster,” Kristen Harmon Ingenito, MBA, said at Eyecelerator@AAO. “But if it is just tweaking a little something, they are already feeling so many pressures on the reimbursement side, they really have to justify their [return on investment].”
Pharmaceuticals accounted for