Global Ophthalmology Devices Industry 2018, Deep Market Research Report, Analysis, Forecast and Outlook
The forecast Ophthalmology Devices Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Ophthalmology Devices on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global ophthalmology devices market is projected to grow at a CAGR of 5.8% over the forecast period of 2018-2024.
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North America Region to Dominate the Global Ophthalmology Devices Market Through 2018-2024
North America is expected to be the largest market for ophthalmology devices followed by Europe. There is intense competition between North America and Europe region. The presence of developed healthcare infrastructures coupled with growing geriatric population and rising incidence of chronic eye conditions are likely to boost the growth in this region. The Asia Pacific is expected to grow faster due to improvement in healthcare infrastructure, the growing occurrence of eye disorders such as glaucoma, and raising awareness among patients.
Mergers & acquisitions, product launch, and geographical expansions to maintain market position are the key strategies of the leading players in this market
Amring Pharmaceuticals Inc. (Amring) launched Biolon OVD (Ophthalmic Viscosurgical Device) for Use in Cataract Surgery
In July, 2018, Amring Pharmaceuticals Inc. (Amring), a generic pharmaceutical company, launched Biolon OVD (Ophthalmic Viscosurgical Device). Biolon OVD is a fermentation-based, sterile, optically clear, 1% (10mg/mL), sodium hyaluronate viscoelastic, provided in a sterile prefilled syringe. Biolon OVD has been used by cataract surgeons across the globe for over 25 years and Amring is bringing this product to surgeons in the United States.
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Optos plc, a Nikon company, launched Monaco, its next-generation ultra-widefield imaging device with OCT capabilities for the U.S. ophthalmic market
In May, 2018, Optos plc, the leading medical retinal imaging company, part of Nikon Corporation, launched Monaco, the first ultra-widefield (UWF) imaging device combined with OCT, in the United States. Monaco, a new compact desk-top UWF retinal imaging device, provides greater imaging functionality and expands the Company’s product portfolio for the ophthalmic markets.
Aequus added Zepto Capsulotomy System, a Revenue Generating Product, to Commercial Ophthalmology Portfolio
In April 2018, Aequus Pharmaceuticals Inc., entered into a commercial agreement with Mynosys Cellular Devices, an ophthalmology-focused medical device company based in Fremont, California, for the Canadian distribution, sales, and marketing of the Zepto® Precision Pulse Capsulotomy System for cataract surgery.
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