Global Ophthalmic Devices Market Research and Forecast 2018-2023
発行: Orion Market Research Pvt Ltd
The global ophthalmic device market is expected to grow at a modest CAGR of 5.1% during 2018-2023, owing to rising prevalence of eye diseases and technological advancements in diagnostics domain. Rapidly ageing population and patient preference for minimally invasive surgeries are also stimulating the market. Furthermore, need for sophisticated healthcare facilities and quality care of patients are also expected to boost market growth during the forecast period. Major driving force of global ophthalmic device market includes increasing incidences of eye diseases and disorders across the globe. Moreover, patients suffering from diabetic retinaopathy across the globe was around 4 million in 2016 and is predicted to hit 7.2 million by 2020. Further, technological advancement and increasing government initiatives for healthcare infrastructure is also boosting the ophthalmic device market. Other factors which drive the global ophthalmic device market including rising geriatric population, medication affecting genetic abnormalities, growing eye disease rate and so on.
Currently North America leads the market due to, better patient awareness and technologically advanced healthcare infrastructures. However, APAC is expected to be the fastest growing market owing to rising healthcare expenditures and improving patient awareness. Alcon, Essilor International S.A., Johnson & Johnson, Abbott Medical Optics Inc., Bausch & Lomb, Inc., Haag-Streit AG, Topcon Corporation, Carl Zeiss Meditec, Nidek Co., Hoya Corporation, Novartis and Ziemer Ophthalmic Systems AG are some of the key players in the global ophthalmic devices market.
The market study of ophthalmic device has been incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analysing various regional players, regional tax laws and policies, consumer behaviour and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.
The report is intended for global ophthalmic device market players, potential entrants, diagnostic laboratories, healthcare provider, universities for overall market insights. The report provides in-depth analysis on pricing, market size, market determinants and competitive landscape. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models such as PEST analysis delivering insights into the market for better business decisions.
The market is segmented on the basis of products which includes ophthalmic diagnostic and monitoring devices (optical coherence tomography scanners, ophthalmic ultrasound imaging systems, fundus cameras, ophthalmoscopes, retinoscopes, wavefront aberrometers, corneal topographers, autorefractors/phoropters, keratometers, specular microscopes, perimeters/visual field analyzers, tonometers, slit lamps), ophthalmic surgical devices (cataract surgery devices, refractive surgery devices, glaucoma surgery devices and vitreoretinal surgery devices) and vision care devices.
Comprehensive research methodology of global ophthalmic device market
In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global ophthalmic device market
Insights about market determinants which are stimulating the global ophthalmic device market
Detailed and extensive market segments with regional distribution of forecasted revenues
Extensive profiles and recent developments of market players