The global Ophthalmic Devices Market is forecast to reach USD 65.60 Billion by 2027, according to a new report by Reports and Data. Ophthalmology deals with the anatomy, physiology, and diseases of the eye. Ophthalmology devices are primarily used for the treatment of various eye conditions and infections.
As these devices help lowers the treatment time and provide quality eye care to patients, they also assist in making the eye-treatment process more convenient for patients and ophthalmologists. The rising focus of people on healthcare, continuous developments in the field of medical devices and an increase in investments in healthcare by the government is expected to drive the market in the coming years.
The emergence of robots in the field of ophthalmology is growing. Assistance facilitated by robots offers substantial improvements in terms of movement control, tremor cancellation, enhanced visualization, and distance sensing. Robotic technologies such as da Vinci Surgical System are integrated into the field of ophthalmology and are assisting surgeons in complex eye surgeries.
One of the restraints of the growth of the ophthalmic devices market is the high cost of their devices, mainly those that are exported. Moreover, the lack of skilled professionals, especially in the rural regions of emerging economies, is another prime concern for manufacturers.
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North America held the largest market share in the ophthalmology devices market, owing to the introduction of highly advanced devices and techniques, prevalence of eye defects due to lifestyle changes, and government’s supportive reimbursement policies. About 1.3 million Americans were blind, 2.9 million had low vision or eyesight, 24 million suffered from cataract in the year 2014, according to the National Eye Institute.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented into the global Ophthalmic Devices Market on the basis of device, type of disorders, end-users, and region:
Devices Outlook (Revenue, USD Billion; 2016-2027)
Type of Disorders Outlook (Revenue, USD Billion; 2016-2027)
End-Users Outlook (Revenue, USD Billion; 2016-2027)
Regional Outlook (Revenue, USD Billion; 2016-2027)
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/ophthalmic-devices-market
Table Of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2027 Chapter 3. Indicative Metrics Chapter 4. Ophthalmic Devices Market Segmentation & Impact Analysis 4.1. Ophthalmic Devices Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Rising prevalence of eye diseases
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Chapter 9. Competitive Landscape 9.1. Market Revenue Share By Manufacturers 9.2. Manufacturing Cost Breakdown Analysis 9.3. Mergers & Acquisitions 9.4. Market positioning 9.5. Strategy Benchmarking 9.6. Vendor Landscape Chapter 10. Company Profiles 10.1. Bausch + Lomb 10.1.1. Company Overview 10.1.2. Financial Performance 10.1.3. Technology Insights 10.1.4. Strategic Initiatives 10.2. Johnson & Johnson 10.2.1. Company Overview 10.2.2. Financial Performance 10.2.3. Technology Insights 10.2.4. Strategic Initiatives 10.3. Alcon 10.3.1. Company Overview 10.3.2. Financial Performance 10.3.3. Technology Insights 10.3.4. Strategic Initiatives 10.4. Topcon 10.4.1. Company Overview 10.4.2. Financial Performance 10.4.3. Technology Insights 10.4.4. Strategic Initiatives 10.5. Carl Zeiss Meditec 10.5.1. Company Overview 10.5.2. Financial Performance 10.5.3. Technology Insights 10.5.4. Strategic Initiatives 10.6. Essilor 10.6.1. Company Overview 10.6.2. Financial Performance 10.6.3. Technology Insights 10.6.4. Strategic Initiatives 10.7. Nidek 10.7.1. Company Overview 10.7.2. Financial Performance 10.7.3. Technology Insights 10.7.4. Strategic Initiatives 10.8. Haag-Streit 10.8.1. Company Overview 10.8.2. Financial Performance 10.8.3. Technology Insights 10.8.4. Strategic Initiatives 10.9. Ziemer Ophthalmic Systems 10.9.1. Company Overview 10.9.2. Financial Performance
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