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The Global Ophthalmic Device Market is Projected to Reach More Than US$ 67 Billion by the End of 2026 - ResearchAndMarkets.com

January 30, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 30, 2020--

The “Ophthalmic Devices Market Global Forecast by Application, Products, Regions, Companies” report has been added to ResearchAndMarkets.com’s offering.

The Global Ophthalmic Device Market is projected to reach more than US$ 67 Billion by the end of 2026.

The global ophthalmic devices is a medical device, it’s used for the treatment and identification of all eye-related disease such as eye disorder, glaucoma, cataract, deficiencies or ocular defects and others. The global market for ophthalmic devices includes surgical products, diagnostic and monitoring devices, and Vision care products. Vision Care products are the market leader in the industry for ophthalmic devices.

The key drivers of global ophthalmic device market are; growing aging population, rapid technological advancements, increasing awareness of eye care products, several initiatives to spread awareness, increasing large pool of patients with eye diseases, and changing demographics and geographical trends, and more and more adoption of digital devices is expected to full fill the growth of global ophthalmic device market. The major factors that restrain the market growth are; slow pipeline of ophthalmology drugs as well as global economic slowdown.

Besides, growing awareness of eye diseases in developed and developing countries such as the United States, China, India, Europe, Japan, the United Kingdom, France, and Germany is expected to provide significant growth opportunities in this market. Around the world, various government initiatives to control visual impairment and increasing adoption of contact lenses and spectacles in devices are another factor driving the market.

This report also covers the recent study of new technology used in fundus cameras like “Volk iNview” by ophthalmologists. This new ophthalmic camera device can capture the images of fundus using an Apple iPhone or iPod, iPhone 6 & 6S, iPhone 5S, and iPod Touch and many new technologies on all platforms have been studied extensively in this study.

By Application - Vision Care products is dominating Market Share in Overall Global Ophthalmic Devices Market

The major segment that holds the largest market share is vision care followed by surgical instrument products. This report fragmented by application into three major parts; Diagnostics & Monitoring devices market, Surgical Instruments market and vision care. Again these major segments are classified into sub segments.

By Region - North America is the leading Market

In this report, full regional details are provided along with their regional factors and challenges faced by each regions. The global ophthalmic device are fragmented by regional profiles into four parts; Asia-pacific’s, Europe, North America and Rest of the World. North America will dominate the market.

Key Topics Covered:

1. Executive Summary

2. Global Ophthalmic Devices Market

3. Market Share - Global Ophthalmic Devices (2015 - 2026)

3.1 By Application

3.2 By Products (Devices)

3.3 By Regions

4. Market Analysis - By Application (2015 - 2026)

4.1 Diagnostics & Monitoring Devices

4.2 Surgical Instruments Devices

4.3 Vision Care Products

5. Market Analysis - By Diagnostics & Monitoring Devices (2015 - 2026)

5.1 Fundus Camera

5.2 Optical Coherence Tomography Scanner

5.3 Tonometer Market

5.4 Others

6. Market Analysis - Surgical Instruments Devices (2015 - 2026)

6.1 Refractive Error Surgery Devices

6.2 Glaucoma Surgery Devices

6.3 Cataract Surgery Devices

6.4 Retinal Surgery Devices

7. Market Analysis - Vision Care Products (2015 - 2026)

7.1 Contact Lenses Market

7.2 Others

8. By Region - Global Ophthalmic Devices Market (2015 - 2026)

8.1 Asia Pacific

8.2 North America

8.3 Europe

8.4 Rest of the World (ROW)

9. Alcon Laboratories, Inc. - Company Analysis

9.1 Company Overview

9.2 Strategy

9.2.1 Point A - Alcon to Launch PRECISION1 Daily Disposable Contact Lenses as it Continues to Deliver on Vision Care Pipeline

9.2.2 Point B - Alcon Introduces AcrySof IQ PanOptix Trifocal IOL in the U.S., the First and Onl FDA-Approved Trifocal Lens

9.2.3 Point C

9.3 Mergers/ Acquisitions

9.4 Company Sales

10. Carl Zeiss - Company Analysis

10.1 Company Overview

10.2 Marketing Strategy

10.3 Merger & Acquisitions

10.4 Company Sales

11. Topcon Corporation - Company Analysis

11.1 Company Overview

11.2 Marketing Strategy

11.3 Merger & Acquisitions

11.4 Company Sales

12. Valeant Pharmaceuticals International, Inc. - Company Analysis

12.1 Company Overview

12.2 Marketing Strategy

12.3 Merger/ Acquisitions

12.4 Company Sales

13. Iridex Corporation - Company Analysis

13.1 Company Overview

13.2 Strategy

13.3 Company Sales

14. Ellex Medical Lasers - Company Analysis

14.1 Company Overview

14.2 Strategy

14.3 Merger & Acquisitions

14.4 Company Sales

15. Escalon Medical - Company Analysis

15.1 Company Overview

15.2 Strategy

15.3 Merger & Acquisitions

15.4 Company Sales

16. Second Sight Medical Products Inc. - Company Analysis

16.1 Company Overview

16.2 Strategy

16.3 Company Sales

17. Growth Drivers

17.1 Rising Incidence of Eye-related Disorders and Ocular Defects

17.2 Technological Innovations in Ophthalmic Devices

17.3 Increasing Prevalence of Eye Disorder

17.4 Increasing Prevalence of Lifestyle-associated Diseases

18. Challenges

18.1 Lack of Awareness among People about Eye Disorders

18.2 Shortage of Trained Ophthalmologists/ Human Resources

18.3 Poor Primary Healthcare Infrastructure

18.4 Lack of Healthcare Insurance

For more information about this report visit https://www.researchandmarkets.com/r/hsy0me

View source version on businesswire.com:https://www.businesswire.com/news/home/20200130005375/en/

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KEYWORD:

INDUSTRY KEYWORD: HEALTH OPTICAL

SOURCE: Research and Markets

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PUB: 01/30/2020 05:45 AM/DISC: 01/30/2020 05:45 AM

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