Ophthalmic Diagnostic Equipment Market: Increasing Prevalence of Refractive Errors, Diabetic Retinopathy and Glaucoma to Drive Market Growth
To know key findings Request Sample Report @: https://www.futuremarketinsights.com/reports/sample/rep-gb-771
Geriatric Population and Associated Ophthalmic Disorders to Push Ophthalmic Diagnostic Equipment Market Scenario
As indicated in the report, the global ophthalmic diagnostic equipment market will be primarily driven by increasing aging population and more number of people opting for ophthalmic surgeries to treat eye related disorders. Over the past few years, there has been an impressive improvement in the healthcare expenditure, which will continue to offer new opportunities to key players participating in the global market for ophthalmic diagnostic equipment.
The aging population is often associated with growing prevalence of ophthalmic disorders such as refractive errors, cataract, glaucoma, and macular degeneration, which will remain highly influential in the progress of global ophthalmic diagnostic equipment market. Additionally, ophthalmic disorders associated with other largely prevalent diseases such as high blood pressure and diabetes are estimated to further contribute to the ophthalmic diagnostic equipment market growth.
The FMI report also indicates that growing awareness about ophthalmic diseases, coupled with various government policies offering reimbursement for treatment of chronic diseases, will possibly accelerate the overall growth of global ophthalmic diagnostic equipment market.
Request for Report customization @: https://www.futuremarketinsights.com/customization-available/rep-gb-771
Optical Coherence Tomography (OCT) Products to Continue Dominance in Global Ophthalmic Diagnostic Equipment Market
More than 50% of the global ophthalmic diagnostic equipment market is collectively shared by OCT, corneal topography system, and retinal ultrasound imagining system products. The FMI market intelligence estimates that the OCT products will dominate other product types during the forecast period, exhibiting a CAGR of 4.8%. They are of high value and priced higher than other products. In developing countries, high demand for OCT products created an intense competitive landscape. It influenced the key players to reach out to larger mass at lower price and sequentially increased the adoption of the ophthalmic diagnostic equipment in these countries.
North America to Remain the Largest Revenue Shareholder in Ophthalmic Diagnostic Equipment Market
Regionally, North America hold over 31% value share in 2014 and will possibly continue to be dominant over the forecast period, owing to rising ophthalmic ambulatory surgical centers. The ophthalmic diagnostic equipment in this region is expected to witness a healthy CAGR 5.4% during the forecast period. In terms of both value and volume, the U.S. is expected to lead over other region in North America’s market for ophthalmic diagnostic equipment.
Get access to full summary @: https://www.futuremarketinsights.com/reports/ophthalmic-diagnostic-equipment-market
The FMI report concludes that technological innovations, launching of newer products, and new patent approvals will accelerate the growth of global ophthalmic diagnostic equipment market in the near future. However, lack of association to meet the needs of the ophthalmologists and shortage of high-skilled ophthalmologists in the developing countries will be major factors currently limiting the growth of global ophthalmic diagnostic equipment market.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ophthalmic Diagnostic Equipment Market: Increasing Prevalence of Refractive Errors, Diabetic Retinopathy and Glaucoma to Drive Market Growth here
News-ID: 1431085 • Views: 143
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Ophthalmic
Ophthalmic Eye Shield Market Segmentation By Material type Aluminium Ophthalmic …
Eye shields are advised for use in the eye while a periorbital surgery to avoid any injury to the globe. Ophthalmic eye shields are used for postoperative ocular protection. Ophthalmic eye shields protect the cornea and retina while any eye surgery or laser treatment. Ophthalmic eye shields are highly preferred for cataract surgeries in the elder population and blepharitis correction especially for children. According to WHO, The World Health Organization,
Global Ophthalmic Devices Market Size And Segments
The Business Research Company’s global ophthalmic devices market report, covers the year-on-year growth of the global Ophthalmic Devices market historic and forecast growth. It also includes chapters on the ophthalmic devices market trends, ophthalmic devices market size, ophthalmic devices market geographical analysis, ophthalmic devices market driver and restraints, and ophthalmic devices market leading competitors’ revenues, profiles and market shares. Order The Global Ophthalmic Devices Market Report At: https://www.thebusinessresearchcompany.com/report/ophthalmic-devices-global-market-report Global Ophthalmic Devices Market Segments The
Ophthalmic Viscosurgical Devices Market Snapshot During 2025
The global ophthalmic viscosurgical devices market is driven by the growing number of cataract procedures held worldwide. In addition to this, the lack of awareness among people regarding the need for regular eye checkups will also heighten the demand for ophthalmic viscosurgical devices in the future. The tendency to procrastinate eye checkups and thus, delayed detection of eye problems will aggravate the demand for these devices, fueling the market’s growth. The
Ophthalmic Lasers Market - Global Industry Analysis 2025
Ophthalmic lasers are used for treatment of wide range of eye problems. Significant accuracy, low-cost, safe procedure, and convenient ophthalmic tools has increased the demand for ophthalmic lasers. Patients prefer ophthalmic lasers treatment due to pain free procedures and easy availability on an outpatient basis. The main constituents of an ophthalmic laser system include foot pedal, laser console, and laser delivery system. The laser energy is transmitted to the patient’s eye
Ophthalmic Lasers Market- Growth Factors
The global ophthalmic lasers market is fragmented in nature, with top five vendors accounting for a modest 35.0% share in it in 2015. The market is characterized by moderate competition. However, in the foreseeable future, competition in the market is likely to heat up on the back of pharmaceutical companies entering it sensing an opportunity in the rising demand for effective surgical products because of the increasing number of ophthalmic
Excimer and Femtosecond Ophthalmic Lasers Market
Global excimer and femtosecond ophthalmic lasers market will expand at a CAGR of 5% over the forecast period, 2016-2026. The global excimer and femtosecond ophthalmic lasers market is expected to witness stable growth in 2016, reaching a value of US$ 666 Mn in terms of revenues. Excimer laser systems will continue to outsell femtosecond lasers. North America will remain the top market, whereas Asia Pacific (excluding China and Japan) is anticipated