Pune, India -- (SBWIRE) -- 11/20/2018 -- The main objective of this report is to define, describe, and forecast the global "Ophthalmic Surgical Technologies" market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Growing awareness associated minimally invasive surgical procedures to escalate the growth of Ophthalmic Surgical Technologies Market

Rising prevalence of eye disorder among the aging population has a positive impact on the growth of Ophthalmic Surgical Technologies Market. Moreover, the growing geriatric population across the globe is also driving the growth of Market. A superior result of femtosecond laser-assisted cataract surgery has increased rapidly. Cataract surgery is the most commonly performed surgical procedure in the world, with an estimated 19 million operations performed annually. The World Health Organization estimated that this number would increase to 32 million by the year 2020 as the over 65 population doubles worldwide between 2000 and 2020. Moreover, rising awareness related to minimally invasive surgical procedures and rising government funding for the healthcare infrastructure are some of the supporting factors propelling the Ophthalmic Surgical Technologies market. However, high cost associated with ophthalmic surgery instrument and lack of skilled professionals is expected to hamper the growth of the Ophthalmic Surgical Technologies Market. Going forward, Exploring new technologies and inventions in ophthalmic surgery technologies will augmenting the growth opportunities for the market key players.

Ghanaians now have a choice to avoid eye injections in cataract surgery

In September 2017, Hundreds of Ghanaians with various degrees of cataract blindness have benefited from cataract surgery without painful eye injections. This was disclosed by the Head of Ophthalmology at the School of Medicine, University of Health and Allied Sciences, Ho, Dr. Alfred Osafo-Kwaako.

The Asia Pacific and Europe are region to contribute to growth in the ophthalmic surgical technologies market over the next 6 years

On the basis of geographies, North America is anticipated to be the leading region in the ophthalmic surgical technologies market over the forecast period. Presence of numerous leading players in this region and the rising prevalence of eye diseases, across countries such as U.S. and Canada is likely to augment the market growth in this region. The Asia Pacific and Europe are expected to witness the significant growth in the ophthalmic surgical technologies market during the upcoming years. The factors such as a rise in research and development spending's and ongoing development in the healthcare sector are escalating the market growth in this region.

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The major key players in Ophthalmic Surgical Technologies Market are Allegretto Wave Excimer, Nidek EC-5000CX, Carl Zeiss MEL80 Laser System, Bausch & Lomb's Orbscan IIz, Abbott Medical Optics' IntraLase FS Laser, Alcon's LADARVision 4000, STAAR Surgical, Topcon Corporation, Hoya Corporation and Essilor, Nidek.

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