Ophthalmology Surgical Devices Market to Grow at 4% CAGR and Reach US$ 11 Bn by 2025

A new business intelligence study titled “Ophthalmology Surgical Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the ophthalmology surgical devices market is likely to grow at a CAGR of 4% through 2025.

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According to the report, the popularity and adoption of ophthalmology surgical devices is likely to witness an increase in developing countries, owing to which the market is expected to witness steady growth. Healthcare providers in developing countries are prioritizing healthcare services, in a bid to provide optimum services to users.

To strengthen their position in ophthalmology surgical devices market, manufacturers are focusing on offering novel products to end-users. The focus is on developing devices that are safe and efficient to use in clinical and healthcare settings. Key players are focusing on getting quick approvals from the regulatory authorities so that they can leverage on the emerging opportunities in this landscape.

North America is the most prominent market for ophthalmology surgical devices market globally. High rate of awareness among healthcare providers and end-users is likely to provide an impetus to growth during the assessment period. In addition to North America, Asia Pacific excluding Japan (APEJ) remains another lucrative market for ophthalmology surgical devices market. Sales of these devices in these countries is likely to witness a spike during the forecast period in APEJ. Owing to the increasing adoption of this treatment option, leading companies in the global market are focusing on consolidating their position by expanding into APEJ.

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By product type, cataract surgery devices continue to be one of the highest selling devices in the market. The high prevalence of cataract ailments around the globe is likely to be one of the key factors for the popularity of cataract surgery devices. By end-users, hospitals continue to be one of the leading end-users of ophthalmology surgical devices market. The status quo is likely to remain unchanged during the assessment period.

The research study offers in-depth analysis and insights on the ophthalmology surgical devices market. The key companies operating in the market have been discussed in detail. The product and business strategies of some of the leading players in the market have been analyzed in detail in the report. The key companies profiled in the report include Alcon, Bausch & Lomb, Carl Zeiss Meditec AG, Glaukos Corporation, HOYA Corporation, IRIDEX Corporation, Johnson & Johnson Vision Care, Inc., Lumenis Ltd., Inc., NIDEK CO., LTD., and STAAR Surgical Company. M

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This release was published on openPR.