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Ophthalmologists in Germany - Market Research Report (2014-2029)

Clara-Camille Schneider Clara-Camille Schneider Frankfurt, Germany Last Updated: November 2024 WZ SP86.02DE Spotlight Report

Revenue

€2.1bn

2024

€2.1bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

6,721

Businesses

3,585

Wages

€XXX.Xm

Ophthalmologists in Germany industry analysis

In the past five years, the turnover of German ophthalmologists has increased by an average of 0.2 %. Technological advances in medicine have rapidly changed eye surgery in particular, contributing to the growth in turnover. However, ophthalmologists have also faced a number of challenges. In addition to an increasing shortage of specialists and medicines, inflation is causing an increased cost burden, which was not refinanced by the health insurance funds in 2023 either. The reason for the lack of inflation compensation, which is placing a heavy burden on the sector-specific earnings situation, lies in the regulations for the further development of fees. These do not take into account the current changes in practice costs, but rather the average cost development of the past year compared to the previous year. As a result of the high cost burden, many practices were unable to make salary adjustments, which is why employees are increasingly moving to better-paid areas. In addition, important investments had to be suspended and postponed. In 2024, the demand for appropriate compensation for inflation will be taken into account. In the fee negotiations between the National Association of Statutory Health Insurance Physicians and the National Association of Statutory Health Insurance Physicians, it was decided to increase the reference value by 3.85% as of 10 January 2024. A similar increase was agreed for 2025. According to IBISWorld estimates, the turnover of ophthalmologists is likely to increase by 2.1% in 2024, which means that it will probably reach a value of 2.1 billion euros. In the next five years, industry sales are expected to grow by an average of 2% per year and are expected to reach 2.4 billion euros in 2029. Advances in therapy and diagnostics offer additional growth potential. In addition, the increasing life expectancy of the population means that the number of patients with age-related eye diseases is expected to rise. The increase in demand for ophthalmological services should lead to a further rise in the number of ophthalmologists. However, the trend that has been observed for years is that fewer and fewer ophthalmologists are opening individual practices or working in joint practices. Instead, industry players are joining forces in medical care centres in order to benefit from economies of scope, for example.

Trends and Insights

  • The budgeting of statutory health insurance does not cover all outpatient ophthalmological services. Modern examination and treatment procedures are often not included in the catalogue of services. Preventive ophthalmological examinations are also not categorised as necessary and are not paid for by the health insurance companies.
  • Diagnostics is experiencing increasing demand for eye tests and improved diagnostic technologies due to demographic change and frequent screen time. The therapeutic services sector is benefiting from new treatment methods and the increasing prevalence of eye diseases, while eye surgery is gaining in importance due to technological advances.
  • More and more ophthalmologists are joining forces in medical care centres, while the number of individual practices and professional practice associations is falling. Nevertheless, the large number of ophthalmologists and practices and the limited scalability of individual services result in a low level of market concentration in Germany.

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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 0.2 % over the past five years, to reach an estimated €2.1bn in 2024.

Trends and Insights

The current budgeting prevents full cost coverage of ophthalmological services

  • The existing budgeting system means that around a fifth of ophthalmological services provided on an outpatient basis are not paid for by statutory health insurance, or are not paid for at a level that covers costs. For example, modern examination and treatment procedures are often not included in the current fee schedule and the catalogue of services provided by the statutory health insurance funds. As a result, the new treatment methods are often only offered to those with statutory health insurance as a self-pay service.
  • Additional trends and insights available with purchase
Ophthalmologists in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

The ageing population and rising diabetes rates increase the risk of eye diseases

  • The German population is getting older and older. However, as life expectancy increases, so does the risk of age-related diseases. Eye diseases such as age-related macular degeneration, glaucoma and cataracts, which are responsible for most cases of blindness, also increase with age.

Biggest companies in the Ophthalmologists in Germany

There are no companies that hold a large enough market share in the Ophthalmologists in Germany industry for IBISWorld to include in this product.

Products & Services Segmentation

Ophthalmologists in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Diagnostic services, Therapeutic services and Surgical services. Diagnostic services is the largest segment of the Ophthalmologists in Germany.

Trends and Insights

Diagnostics benefits from demographic change and VDU work

  • The diagnostics service segment includes vision tests and refraction determinations, examinations to diagnose eye diseases such as glaucoma, cataracts and retinal diseases, as well as imaging procedures such as optical coherence tomography (OCT) and fundus photography.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The ophthalmology sector comprises doctors who specialise in the diagnosis and treatment of eye diseases and the rehabilitation of visual disorders. Ophthalmologists work in individual practices, professional practice groups or medical care centres (MVZ). The sector also includes eye surgery, which performs eye operations. Elective procedures include laser eye surgery, cataract surgery and advanced surface laser ablation.

What's included in this industry?

Diagnostic servicesTherapeutic servicesSurgical servicesContact lens fitting and carePaediatric and adolescent ophthalmology

Companies

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Related Terms

MACULAR DEGENERATIONGLAUKOMCATARACT

Industry Code

WZ 2008

WZ 86.22.0 - Ophthalmologists in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The budgeting of statutory health insurance does not cover all outpatient ophthalmological services. Modern examination and treatment procedures are often not included in the...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Factors that influence volatility in the industry
  • Key success factors for businesses to overcome volatility

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Diagnostics is experiencing increasing demand for eye tests and improved diagnostic technologies due to demographic change and frequent screen time. The therapeutic services ...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

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In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

More and more ophthalmologists are joining forces in medical care centres, while the number of individual practices and professional practice associations is falling. Neverth...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Ophthalmologists are subject to a large number of laws and regulations such as the Federal Medical Code, the professional code of conduct of the respective state medical assoc...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The fee for ophthalmologists is falling despite rising costs for staff and operating expenses. The budget paid out to doctors often only covers the basic flat rate and most o...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Ophthalmologists industry in Germany in 2025?

The market size of the Ophthalmologists industry in Germany is €2.1bn in 2025.

How many businesses are there in the Ophthalmologists in Germany industry in 2024?

There are 3,585 businesses in the Ophthalmologists industry in Germany, which has grown at a CAGR of 0.7 % between 2019 and 2024.

Has the Ophthalmologists industry in Germany grown or declined over the past 5 years?

The market size of the Ophthalmologists industry in Germany has been growing at a CAGR of 0.2 % between 2019 and 2024.

What is the forecast growth of the Ophthalmologists industry in Germany over the next 5 years?

Over the next five years, the Ophthalmologists industry in Germany is expected to grow.

What does the Ophthalmologists in Germany include?

Diagnostic services and Therapeutic services are part of the Ophthalmologists industry.

How competitive is the Ophthalmologists industry in Germany?

The level of competition is low and steady in the Ophthalmologists industry in Germany.

Related Industries

Widen your competitive advantage with related industries

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.