Ophthalmology Devices Market: Global Product Intelligence Industry Analysis 2024

Our latest research report entitled Ophthalmology Devices Market (by devices (surgical devices, vision care and diagnosis devices) and application (optical retail centers, hospitals and ophthalmology clinics and ASCS)) provides complete and deep insights into the market dynamics and growth of ophthalmology devices industry. The latest information on market risks, industry chain structure ophthalmology devices cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential ophthalmology devices growth factors. According to report the global ophthalmology devices market is projected to grow at a CAGR of 5.8% over the forecast period of 2018-2024.

We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026.

The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/1410

Ophthalmology is a branch of medical sciences that deals with the medicine and surgery of the eye. The medical devices used in the identification and treatment of certain visual irregularities and deficiencies of the eyes is known as ophthalmic devices. The importance and adoption of these devices is increased owing to high incidence of various ophthalmic diseases such as glaucoma, cataract, and other vision related issues. Depending on product function and use, ophthalmic devices are categorized into surgical, diagnostic and vision care ophthalmic devices.

Demand for Ophthalmic Devices is Anticipated to Be Increasing Significantly over the Forecast Period

The demand for ophthalmic devices is anticipated to be increasing significantly over the forecast period. The increasing application of developed technology and innovation in devices of ophthalmology has provide useful and economical solutions for various eye-related disorders such as refractor disorders, vitreoretinal disorders, and cataract to the customer. Chronic eye diseases are the main reason of vision loss. The increasing prevalence of eye diseases among the aged group is likely to boost the growth in the market.

In 2017, WHO estimated that 253 million people live with vision impairment, 36 million are blind and 217 million have moderate to severe vision impairment. Growing adoption of contact lenses and spectacles and change in lifestyle are some other factor that will propel the growth of the market in the coming years. On the other hand, the cost of ophthalmology devices are high and the use of refurbished ophthalmic devices is increased thus hampering the growth of the market. In addition, lack of awareness about various eyes disease among the people will restraint the growth of the market.

Get this Section as a Free Customization in the Report along with 30% Discount on the Study: https://www.infiniumglobalresearch.com/reports/request-discount/1410

"We have Decided to Extend our Support to the Industry on Account of Corona Outbreak by Offering Flat Discount 30% on All Our Studies and Evaluation of the Market Dynamics in Global on  Ophthalmology Devices Market Amidst COVID-19."

North America is Expected to Be the Largest Market for Ophthalmology Devices

North America is expected to be the largest market for ophthalmology devices followed by Europe. There is an intense competition between North America and Europe region. The presence of developed healthcare infrastructures coupled with growing geriatric population and rising incidence of chronic eye conditions are likely to boost the growth in this region. The Asia Pacific is expected to growth faster due to improvement in healthcare infrastructure, growing occurrence of eye disorders such as glaucoma, and rising awareness among patients. Mergers & acquisitions, product launch, and geographical expansions to maintain market position are the key strategy of the leading players in this market. For instance, in 2016, Alcon, Inc. signed partnership agreement with PowerVision, Inc., to focus on the development of fluid-based implants.

Segmentation of the Ophthalmology Devices Industry

The report on global ophthalmology devices market covers segments such as, devices and applications.  On the basis of devices, the global ophthalmology devices market is categorized into surgical devices, vision care and diagnosis devices. On the basis of application, the global ophthalmology devices market is categorized into optical retail centers, hospitals and ophthalmology clinics and ASCS.

Key Players in the Ophthalmology Devices Industry

The report provides profiles of the companies in the global ophthalmology devices market such as, Carl Zeiss Meditec AG, Abbott Medical Optics, Inc., Bausch & Lomb, Inc., Alcon, Inc., Haag-Streit, Johnson & Johnson, Essilor International S.A, Nidek Co. Ltd, Topcon Corporation and Others.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-ophthalmology-devices-market

Reasons to Buy this Report:

• Comprehensive analysis of global as well as regional markets of the ophthalmology devices.
• Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
• Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
• Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.