| Product Code: ETC4955338 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to attract ophthalmic device imports mainly from the USA, Germany, Netherlands, Belgium, and Italy in 2024. With a low Herfindahl-Hirschman Index (HHI) indicating a diverse market, the industry shows steady growth with a compound annual growth rate (CAGR) of 5.24% from 2020 to 2024. The notable growth rate of 10.23% from 2023 to 2024 suggests increasing demand for ophthalmic devices in Cyprus, presenting opportunities for market expansion and innovation in the coming years.

By 2027, Cyprus's Ophthalmic Devices market is forecasted to achieve a growing growth rate of 6.73%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Ophthalmic Devices Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Ophthalmic Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Ophthalmic Devices Market - Industry Life Cycle |
3.4 Cyprus Ophthalmic Devices Market - Porter's Five Forces |
3.5 Cyprus Ophthalmic Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cyprus Ophthalmic Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Ophthalmic Devices Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Ophthalmic Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Ophthalmic Devices Market Trends |
6 Cyprus Ophthalmic Devices Market Segmentations |
6.1 Cyprus Ophthalmic Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Ophthalmic Devices Market Revenues & Volume, By Optical Coherence Tomography Scanners, 2021-2031F |
6.1.3 Cyprus Ophthalmic Devices Market Revenues & Volume, By Fundus Cameras, 2021-2031F |
6.1.4 Cyprus Ophthalmic Devices Market Revenues & Volume, By Perimeters/Visual Field Analyzers, 2021-2031F |
6.1.5 Cyprus Ophthalmic Devices Market Revenues & Volume, By Autorefractors and Keratometers, 2021-2031F |
6.1.6 Cyprus Ophthalmic Devices Market Revenues & Volume, By Ophthalmic Ultrasound Imaging Systems, 2021-2031F |
6.1.7 Cyprus Ophthalmic Devices Market Revenues & Volume, By Ophthalmic Pachymeters, 2021-2031F |
6.1.9 Cyprus Ophthalmic Devices Market Revenues & Volume, By Slit Lamps, 2021-2031F |
6.1.10 Cyprus Ophthalmic Devices Market Revenues & Volume, By Slit Lamps, 2021-2031F |
6.2 Cyprus Ophthalmic Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Ophthalmic Devices Market Revenues & Volume, By Cataract, 2021-2031F |
6.2.3 Cyprus Ophthalmic Devices Market Revenues & Volume, By Vitreo retinal disorders, 2021-2031F |
6.2.4 Cyprus Ophthalmic Devices Market Revenues & Volume, By Glaucoma, 2021-2031F |
6.2.5 Cyprus Ophthalmic Devices Market Revenues & Volume, By Refractor Disorders, 2021-2031F |
6.3 Cyprus Ophthalmic Devices Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Ophthalmic Devices Market Revenues & Volume, By Hospitals and Eye Clinics, 2021-2031F |
6.3.3 Cyprus Ophthalmic Devices Market Revenues & Volume, By Academic and Research Laboratory, 2021-2031F |
6.3.4 Cyprus Ophthalmic Devices Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Ophthalmic Devices Market Import-Export Trade Statistics |
7.1 Cyprus Ophthalmic Devices Market Export to Major Countries |
7.2 Cyprus Ophthalmic Devices Market Imports from Major Countries |
8 Cyprus Ophthalmic Devices Market Key Performance Indicators |
9 Cyprus Ophthalmic Devices Market - Opportunity Assessment |
9.1 Cyprus Ophthalmic Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cyprus Ophthalmic Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Ophthalmic Devices Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Ophthalmic Devices Market - Competitive Landscape |
10.1 Cyprus Ophthalmic Devices Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Ophthalmic Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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