Press release
Ophthalmology Devices Market is Valued at USD 76.46 Billion During the Forecast Period 2029
Ophthalmology Devices Market analysis report covers detailed value chain analysis of the market. The value chain analysis helps to analyze major upstream raw materials, major equipment's, manufacturing process, and downstream customer analysis and major distributor analysis are mentioned in the report along with all the drivers and restraints for the market. It presents a comparative detailed analysis of all regional and player segments, offering readers a better knowledge of the areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the market.
There has been surging cases of age-related eye diseases such as diabetic retinopathy, macular degeneration, cataract and glaucoma across the globe. According to different studies of these disorders, the prevalence of cataract, AMD, open-angle glaucoma, DR, and visual impairment is high, especially in persons over 75 years old. The increased eye diseases cases have resulted in increased demand for the effective treatment of these diseases, which further drives the adoption of ophthalmology devices across various end users. Furthermore, the increase in technological developments, including introducing intraocular lenses (IOLs), will accelerate the market expansion within the forecasted timeline.
Global ophthalmology devices market was valued at USD 55.01 billion in 2021 and is expected to reach USD 76.46 billion by 2029, registering a CAGR of 4.20% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Ophthalmology is basically a medical specialty that studies the eyes' structure, function, and diseases. Ophthalmic devices are the medical devices that are generally utilized for the vision correction, surgery, and diagnosis. The rising prevalence of ophthalmic disorders such as glaucoma, cataracts, and other vision-related issues, results in increased popularity and awareness regarding their benefits.
Download Exclusive Sample Report (Including Graphs, Charts & Table & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-ophthalmology-devices-market
Ophthalmology Devices Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Growing Burden Of Diseases
The growing burden of various disease such as the ophthalmic diseases that includes cataract and glaucoma is the most significant factor driving the growth for this market. Growing geriatric population base, which is more susceptible to developing eye diseases, is also expected to accelerate the market's overall growth.
Increasing Penetration of Devices
Furthermore, the increase in the penetration of digital devices, such as smartphones, laptops and computers, e-readers, etc. is also expected to fuel market growth.
Increasing Awareness Amongst Population
Moreover, the several government associations are also working towards increasing awareness towards ophthalmic diseases, which further cushions the market's growth within the forecasted period. Increasing focus towards customer training and education among eye care professionals regarding eye diseases and associated complications will also propel the market growth.
The enhancing healthcare infrastructure across the developing regions and the growing demand and preference for minimally invasive surgeries are also projected to bolster the market's growth.
Opportunities
Growing Investments and Advancements
Moreover, the increase in the technological developments including the introduction of intraocular lenses (IOLs) are estimated to generate lucrative opportunities for the market. Various technological advancements and innovations in ophthalmology devices by the market players for effective treatment will further offer numerous growth opportunities for the market.
Global Ophthalmology Devices Market Scope
The ophthalmology devices market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Vision Care Devices
Surgery Devices
Diagnostic and Monitoring Devices
Application
Vision Care
Ophthalmic Wound care
Cataract Surgery
Oculoplastic
Others
End User
Hospitals
Diagnosis Clinics
Franchise Optical Stores
Eye Research Institutes
Government Agencies and Academics
To Get a Detailed Table of Contents (TOC), please Click Here at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-ophthalmology-devices-market
Ophthalmology Devices Market Regional Analysis/Insights
The ophthalmology devices market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the ophthalmology devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ophthalmology devices market because of the diabetic retinopathy and the loss of vision and blindness cases within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in the geriatric population along with the rise in the inclination toward surgical procedures for treatment within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. .
Competitive Landscape and Ophthalmology Devices Market Share Analysis
The ophthalmology devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ophthalmology devices market.
Some of the major players operating in the ophthalmology devices market are EssilorLuxottica (France), Alcon Management S. A. (U.S), Johnson & Johnson Vision (U.S), HOYA Corporation (Japan), Bausch + Lomb (US), Zeiss (Germany), Neo Vision Foundation (Korea), Lumenis Be Ltd. (Israel), ClearLab (Singapore), OPHTEC BV (Netherlands), HEINE Optotechnik GmbH & Co. KG (Germany), Topcon (Japan), Glaukos Corporation (U.S), Haag-Streit Group (Switzerland), NIDEK Co. Ltd., (Japan), STAAR Surgical (US), Ziemer Ophthalmic Systems (Switzerland), Oculentis (Germany), Heidelberg Engineering GmbH (Germany), Canon India Pvt Ltd. (Japan) and LuneauTech (France) among others.
Browse Detailed Summary of Research Report @ https://www.databridgemarketresearch.com/reports/global-ophthalmology-devices-market
Research Methodology : Global Ophthalmology Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.
To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-ophthalmology-devices-market
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About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact us:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Corporatesales@databridgemarketresearch.com
There has been surging cases of age-related eye diseases such as diabetic retinopathy, macular degeneration, cataract and glaucoma across the globe. According to different studies of these disorders, the prevalence of cataract, AMD, open-angle glaucoma, DR, and visual impairment is high, especially in persons over 75 years old. The increased eye diseases cases have resulted in increased demand for the effective treatment of these diseases, which further drives the adoption of ophthalmology devices across various end users. Furthermore, the increase in technological developments, including introducing intraocular lenses (IOLs), will accelerate the market expansion within the forecasted timeline.
Global ophthalmology devices market was valued at USD 55.01 billion in 2021 and is expected to reach USD 76.46 billion by 2029, registering a CAGR of 4.20% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Ophthalmology is basically a medical specialty that studies the eyes' structure, function, and diseases. Ophthalmic devices are the medical devices that are generally utilized for the vision correction, surgery, and diagnosis. The rising prevalence of ophthalmic disorders such as glaucoma, cataracts, and other vision-related issues, results in increased popularity and awareness regarding their benefits.
Download Exclusive Sample Report (Including Graphs, Charts & Table & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-ophthalmology-devices-market
Ophthalmology Devices Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Growing Burden Of Diseases
The growing burden of various disease such as the ophthalmic diseases that includes cataract and glaucoma is the most significant factor driving the growth for this market. Growing geriatric population base, which is more susceptible to developing eye diseases, is also expected to accelerate the market's overall growth.
Increasing Penetration of Devices
Furthermore, the increase in the penetration of digital devices, such as smartphones, laptops and computers, e-readers, etc. is also expected to fuel market growth.
Increasing Awareness Amongst Population
Moreover, the several government associations are also working towards increasing awareness towards ophthalmic diseases, which further cushions the market's growth within the forecasted period. Increasing focus towards customer training and education among eye care professionals regarding eye diseases and associated complications will also propel the market growth.
The enhancing healthcare infrastructure across the developing regions and the growing demand and preference for minimally invasive surgeries are also projected to bolster the market's growth.
Opportunities
Growing Investments and Advancements
Moreover, the increase in the technological developments including the introduction of intraocular lenses (IOLs) are estimated to generate lucrative opportunities for the market. Various technological advancements and innovations in ophthalmology devices by the market players for effective treatment will further offer numerous growth opportunities for the market.
Global Ophthalmology Devices Market Scope
The ophthalmology devices market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Vision Care Devices
Surgery Devices
Diagnostic and Monitoring Devices
Application
Vision Care
Ophthalmic Wound care
Cataract Surgery
Oculoplastic
Others
End User
Hospitals
Diagnosis Clinics
Franchise Optical Stores
Eye Research Institutes
Government Agencies and Academics
To Get a Detailed Table of Contents (TOC), please Click Here at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-ophthalmology-devices-market
Ophthalmology Devices Market Regional Analysis/Insights
The ophthalmology devices market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the ophthalmology devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ophthalmology devices market because of the diabetic retinopathy and the loss of vision and blindness cases within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in the geriatric population along with the rise in the inclination toward surgical procedures for treatment within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. .
Competitive Landscape and Ophthalmology Devices Market Share Analysis
The ophthalmology devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ophthalmology devices market.
Some of the major players operating in the ophthalmology devices market are EssilorLuxottica (France), Alcon Management S. A. (U.S), Johnson & Johnson Vision (U.S), HOYA Corporation (Japan), Bausch + Lomb (US), Zeiss (Germany), Neo Vision Foundation (Korea), Lumenis Be Ltd. (Israel), ClearLab (Singapore), OPHTEC BV (Netherlands), HEINE Optotechnik GmbH & Co. KG (Germany), Topcon (Japan), Glaukos Corporation (U.S), Haag-Streit Group (Switzerland), NIDEK Co. Ltd., (Japan), STAAR Surgical (US), Ziemer Ophthalmic Systems (Switzerland), Oculentis (Germany), Heidelberg Engineering GmbH (Germany), Canon India Pvt Ltd. (Japan) and LuneauTech (France) among others.
Browse Detailed Summary of Research Report @ https://www.databridgemarketresearch.com/reports/global-ophthalmology-devices-market
Research Methodology : Global Ophthalmology Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.
To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-ophthalmology-devices-market
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About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact us:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Corporatesales@databridgemarketresearch.com
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