openPR Logo
Press release

Ophthalmic Diagnostic Equipment Market Size will Grow by 2025 | Ellex, Quantel Medical Inc, NIDEK CO., LTD, HAAG-STREIT GROUP, Halma pl

02-12-2019 01:50 PM CET | Health & Medicine

Press release from: Future Market Insights

Ophthalmic Diagnostic Equipment Market Size will Grow by 2025 |

In the recent years, constant developments in ophthalmic technology have been able to deliver effective treatment of eye diseases and even restoration of vision. According to the market intelligence published by Future Market Insights (FMI), the global ophthalmic diagnostic equipment market represented a value of US$ 2 Bn in 2015. The market is expected to witness a significant CAGR of 5.4% during the forecast period – 2015-2025.

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.

Request a Sample Brochure of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-771

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.

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.

Methodology With Latest Advancements and Application @
https://www.futuremarketinsights.com/askus/rep-gb-771

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.

About Us

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 centers 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 customized 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.

Contact Us

U.S. Office

616 Corporate Way, Suite 2-9018,

Valley Cottage, NY 10989,

United States

T: +1-347-918-3531

F: +1-845-579-5705

Email: sales@futuremarketinsights.com

Blog: http://www.marketresearchblog.org/

FMI Blog: https://www.fmiblog.com/

Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
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 Size will Grow by 2025 | Ellex, Quantel Medical Inc, NIDEK CO., LTD, HAAG-STREIT GROUP, Halma pl here

News-ID: 1581177 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for FMI

According to FMI, Condition Monitoring Services Will Reach 6.79 Billion USD: FMI
The global condition monitoring service market is anticipated to exceed US$ 3.52 Bn by the end of 2022. Growing emphasis on the integration of condition monitoring software with computerized process control services and maintenance management software is expected to favour the growth in the market. The demand in the condition monitoring service global market is estimated to reach US$ 6.79 Bn by 2031, exhibiting growth at a CAGR of 9.8% during
Medication Dispenser Market Forecast and Analysis by FMI
According to Wikipedia, medication or pill dispenser is an equipment which releases medication at specified time. In simple language, an equipment gives a signal when the time comes to take the medicine. The purpose is to help senior citizens or people who may suffer from impaired ability to adhere to their prescribed medication regime. The device automatically releases the pre-measured dose into a small compartment that is easily opened and
Printing Paper Market Intelligence and Forecast by FMI
Global printing paper market: Introduction The global paper industry is undergoing rapid transformation and plays significant role in the global packaging industry. In addition to manufacturing of packaging products such as corrugated boxes, paperboards or envelopes, papers are also used for the production of printing paper for printing purposes. Printing paper market is anticipated to grow on the backdrop of packaging industry, printing industry, and as well as e-commerce industry
Pharmaceutical Solvent Market Forecast and Prospectus : FMI Research
Global Market for Pharmaceutical Solvents Projected to Witness Sluggish Growth A majority of medicines & drugs produced in the world are derived from formulating Active Pharmaceutical Ingredients (API), and such processes require alcoholic solvents such as ethanol, isopropanol, propanol and propylene glycol. Production of pharmaceutical solvents continues to be concentrated in the Asia-Pacific excluding Japan (APEJ) region as leading API suppliers and drug manufacturers in the world have based their production units
Temperature Controlled Packaging Solutions Market Analysis : FMI
While North America will continue to be the most attractive market, the temperature controlled packaging solutions market in Asia Pacific excluding Japan (APEJ) will witness steady gains. According to a comprehensive analysis on the global temperature controlled packaging solutions market by Future Market Insights, companies seeking thermally-regulated packaging solutions for unhampered delivery of their products will continue to opt for insulated containers, with chest-type containers accounting for significant demand. However, during
Force Sensor Market Share, Value, Trends : FMI Report
Continuous adoption of force sensors as human-machine interface is projected to pave new business opportunities for force sensor manufacturers among various industries such as music & entertainment. In addition, surging implementation of various ICT technologies in healthcare, and rising necessity to improve quality of healthcare services are further expected to offer growth opportunities to developers of force sensing technology. Future Market insights (FMI), in its report, projects the global market