The field of ophthalmology has witnessed rapid advances in recent years, driven especially by an upswing in the number of people suffering from eye diseases and disorders.
Albany, NY -- (SBWIRE) -- 10/04/2016 -- The ophthalmology diagnostics and surgical devices market report offers growth forecasts and figures obtained as a result of meticulous segmentation based on products, applications, and geographical regions. The report studies all major types of diagnostic devices, ophthalmology surgery devices, and vision care products across geographies such as North America, Asia Pacific, Europe and Rest of the World. By drilling down to the third level of the market, the report is able to present clear and accurate projections to 2019.
With the human lifespan progressively increasing, more people are expected to be affected by eye diseases and disorders. According to the Centers for Disease Control and Prevention, over 3.3 million Americans aged 40 years or more are classed as being legally blind or with low vision. Elsewhere in the world too, marked growth in the number of people suffering from eye diseases is being seen.
The report makes effective use of analytical perspectives such as market attractiveness and Porter's Five Forces Model. Furthermore, the report offers a closer view of the competitive landscape of the global ophthalmology diagnostics and surgical devices market. All forecasts contained in this report are for the forecast period ranging from 2013 to 2019 (2012 being considered as the base year) and CAGR is expressed.
Overview of the Ophthalmology Diagnostics and Surgical Devices Market
The field of ophthalmology has witnessed rapid advances in recent years, driven especially by an upswing in the number of people suffering from eye diseases and disorders. Timely diagnosis via advanced diagnostic platforms and effective treatment are of the essence for eye disorders given the central role that healthy vision plays in our life. Enhanced patient outcomes have augured well for the market.
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Like many other verticals within the healthcare industry, minimally invasive surgical procedures are much sought-after in the ophthalmology sector too. Other factors that bode well for the ophthalmology diagnostics and surgical devices market are: Enhanced cataract surgery techniques (especially those pertaining to implantable intraocular lenses), higher adoption of retinal implants, technological advancements in handheld devices for detecting glaucoma and macular degeneration, as well as drug-eluting lenses.
On the basis of product type, the ophthalmology diagnostics and surgical devices market is classified into diagnostic devices, ophthalmology surgery devices, and vision care devices. Of these, the vision care segment was the largest in 2012 at US$ 17,615.8 million. The vision care segment is projected to report a 7.1% CAGR through the report's forecast period (2013 to 2019).
The diagnostics devices market is further segmented based on the following devices: Autorefractometers, tonometers, slit lamps, ophthalmoscopes, fluorescein angiography, fundus cameras, echography systems, optical coherence tomography (OCT) systems, gonioscopes, keratometers, pachymeters, corneal topographers, perimeters, and specular microscopes. The advent of smartphone apps for diagnosis as well as the heightened use of handheld devices has furthered the growth of the ophthalmology diagnostics devices market.
Likewise, the surgery devices market is analyzed based on surgeries such as: Cataract, glaucoma, refractive, and vitreoretinal. Finally, the vision care sub-segment is classed into contact and spectacle lenses. Several technological breakthroughs in ophthalmology surgeries are expected to bode well for the overall ophthalmology diagnostics and surgical devices market.
On the basis of applications, the report classifies the ophthalmology diagnostics and surgical devices market into: Diagnosis, vision care, and surgery. Similarly, the market is also studied based on geographical segmentation as: North America, Asia-Pacific, Europe, and Rest of the World (RoW).
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Companies Profiled in the Ophthalmology Diagnostics and Surgical Devices Market
The report offers recommendations and strategies for both new entrants and established market players. Key players that have been profiled in the report are: Alcon Laboratories (Novartis), Abbott Medical Optics, Topcon Corporation, and others.
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