Press release
Will the Global Ophthalmic Devices Market grow by the end of 2022 :Top Keyplayers are Carl Zeiss Meditec AG, Bausch & Lomb, Inc., Essilor International S.A., Johnson & Johnson, Abbott Medical Optics Inc., Haag-Streit , Nidek Co. Ltd. and Ziemer Ophthalmic
DescriptionThe Global Ophthalmic Devices Market was valued at US$ XX Mn in 2016 and is expected to reach US$ XX Mn by 2022 growing at a CAGR of XX% during the forecast period . As seen, the ophthalmic industry is a rapidly growing area in today's medical world. Ophthalmic devices cover a wide range of tools and products which are used in eye surgery and curing different types of eye ailments.
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Ophthalmic devices as a whole covers many products and solutions for the diagnosis and treatment of eye diseases, as well as systems and consumables for cataract, retinal and refractive surgery. A contrast between conditions such as vision defects (refraction), cataracts, glaucoma and other retinal disorders, the incidence of which proportionally increases with age has preoccupied the market.
Market Dynamics
High rates of eye diseases across the world promises a rising demand for ophthalmic devices and thus a promising market for ophthalmic device makers. The older population base is widening and is more susceptible towards developing eye diseases. This is further anticipated to widen the base for the ophthalmic devices market growth. Hence, an efficient diagnosis and treatment via integrated products and systems are required.
Market Segmentation
The market is segmented in terms of the technology used, products developed, the geography and finally the end-users. Some of the widely spread subcategories of devices includes the diagnostic devices such as ophthalmoscopes and optical coherence tomography, surgical devices such as Lasik's, tonometers and pacho machines, corneal implants such as eye sphere implant and finally, the hardwares like contact lenses and eyeglasses. Today, the key players supplies a comprehensive range of laser and diagnostic systems. The product portfolio in the area of refractive surgery primarily includes systems and consumables for minimally invasive refractive surgery. Optical coherence tomography (OCT) devices, perimetry devices and tonometers have a widespread outreach.
Regional/Geographic Analysis
North America, Europe, APAC, Latin America and Japan & Asia-Pacific grant themselves a dominant market share. But, USA is currently the leading market player for the global molecular diagnostics. North America held a significant share of around 45% in 2015.
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Key players
Some of the major players in the market include Carl Zeiss Meditec AG (Germany), Bausch & Lomb, Inc. (U.S.), Essilor International S.A. (France), Johnson & Johnson (U.S.), Abbott Medical Optics Inc. (U.S.), Haag-Streit (Switzerland), Nidek Co. Ltd. (Japan) and Ziemer Ophthalmic Systems AG (Switzerland).
The report contains comprehensive analysis on:
Ophthalmic devices Market Segments
Ophthalmic devices Market Drivers, Restraints and Opportunities
Ophthalmic devices Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Ophthalmic devices Market Current Trends
Competition &Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
Regional analysis for Ophthalmic devices Market includes
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.
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Report Highlights:
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
In-depth Market Segmentation
Historical and Projected Market Sizing in terms of volume and value
Recent market trends and Impact Factors
R&D Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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