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Lewes, DE -- (SBWire) -- 10/30/2015 --Report forecast the global ophthalmology devices market to grow at a CAGR of 5.30% over the period 2015-2019.

Ophthalmology is a branch of medicine that deals with the anatomy, pathology, functions, and treatment of the eye. Over the years, this branch has undergone enormous expansion in basic research, clinical trials, as well as cutting-edge technology. Ophthalmology devices are medical devices meant for the correction of eye defects and to provide better vision to people. Globally, the incidence of the eye defects such as cataracts, conjunctivitis, dry eyes, glaucoma, retinal disorders, and presbyopia has increased causing loss of vision in most of the cases. These ophthalmic defects can be caused due to an infection or can be hereditary. Ophthalmologists use medical devices to detect the cause of the infection at an early stage and, therefore, do not lead to further damage to the eyesight.

The report covers the current scenario and the growth prospects of the global ophthalmology devices market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of the following products:
- Diagnostic products
- Surgical products
- Vision care products

The market is divided into the following segments based on the application:
Surgical products:
- Retinal surgical instruments
- Cataract surgical instruments
- Glaucoma surgical instruments
- Refractive surgical instruments

Vision care products:
- Contact lenses
- Eyewear frames

According to the report, manufacturers are investing in R&D to develop advanced technologies. These technologies have improved efficiency and accuracy of ophthalmic devices and helped reduce the duration of ophthalmic surgeries. Innovations such as laser technologies have changed the outlook of the market, particularly for IOLs. The use of femtolaser systems for making incisions during capsulotomy helps reduce human errors. These systems are rapidly being adopted for other ophthalmic surgeries such as cataract operations and keratoplasty.

Global Ophthalmology Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global ophthalmology devices market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global Ophthalmology Devices Market: Abbott, Alcon, Bausch & Lomb, Carl Zeiss, Essillor and Hoya

Other Prominent Vendors in the market are: Topcon, Allergan, Inc. (Acquired by Actavis), Gulden Ophthalmics, Heidelberg Engineering, Inc., FCI Ophthalmics, Accutome, Canon, Glaukos, Innova, Lumenis, Nidek, Marco Ophthalmic Inc., Synergetics, Ziemer Ophthalmic Systems, Quantel, A.R.C. Laser, and STAAR Surgical.

Key market driver
- Convergence of technological and scientific breakthroughs
- For a full, detailed list, view our report

Key market challenge
- Stringent regulatory framework and cost containment activities
- For a full, detailed list, view our report

Key market trend
- Growing attention toward subtypes of eye diseases
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 81 pages "Global Ophthalmology Devices - Industry Analysis 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-ophthalmology-devices-industry-analysis-2015-2019

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