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Global Markets for Ophthalmic Devices, Diagnostics and Surgical Equipment

Report Code: HLC083A

Publish Date: May 2010

Publisher: BCC Publishing

Category: Health Maintenance

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Report Highlights

  • The global market for ophthalmic devices, diagnostics, and surgical equipment was valued at $15.2 billion in 2009, up from $13.5 billion in 2007. The market is estimated to reach $19 billion in 2014, an increase of nearly $4 billion over the forecast period and a compound annual growth rate (CAGR) of 4.6% from 2009 to 2014.
  • Contact lenses, including both functional and cosmetic lenses, account for 43% of the worldwide market.  This segment was worth $6.6 billion in 2009 and is expected to increase to $7.7 billion in 2014, a compound annual growth rate (CAGR) of 3.3%.
  • Surgical equipment generated a market worth $5.5 billion in 2009, accounting for 36% of the total market.  By 2014, this sector will be valued at an estimated $7.3 billion, a compound annual growth rate (CAGR) of 5.9%.

INTRODUCTION

STUDY GOALS AND OBJECTIVES
 
The BCC report, Global Markets for Ophthalmic Devices, Diagnostics, and Surgical Equipment, provides a comprehensive description of conditions and diseases affecting the eye and products used for treatment. The study includes information regarding incidence and prevalence of eye conditions and risk factors associated with those conditions. Major product segments with in-depth market and competitive analysis included in each segment discuss ophthalmic devices, diagnostics, and surgical procedures. Research and development activities are included with an emphasis on segments offering benefits to aging populations.
 
REASONS FOR DOING THE STUDY
 
The aging of the population around the world will result in a rapid increase in the 65-and-over population by 2030, a population that accounts for the highest incidence and prevalence of eye conditions and diseases. This sets the stage for increased research and development activities, speedy market approvals, and higher awareness through education. Additionally, current market competitors will endure pressure from the industry to continually provide advances in therapies and equipment and to compete with emerging competitors, who focus significantly on unmet needs of the ophthalmic industry, including treatments for back of the eye conditions. The industry is likely to experience a burst of new products and heavy competition as the ophthalmic market advances.
 
SCOPE OF REPORT
 
This BCC report is designed to be a helpful business tool to provide a thorough evaluation of the ophthalmic device, diagnostic, and surgical market. The geographical scope is worldwide with emphasis on key markets such as the United States. The report identifies products by product type and where applicable by disease type.
 
Within the Global Market for Ophthalmic Devices, Diagnostics, and Surgical Equipment, three general areas are identified with appropriate subsegments discussed. These include:

  • Ophthalmic Diagnostic Market
o   Ophthalmic Imaging Equipment
o   Nonimaging Exam Diagnostics
o   Other Diagnostic Equipment and Peripherals
  • Contact Lens Market
o   Soft Lenses
o   Gas Permeable Lenses
o   Cosmetic Lenses
o   Shaping Lenses
  • Ophthalmic Surgical Market
o   Ophthalmic Lasers, Phacoemulsification Systems, and Related Equipment
o   Intraocular Lenses
o   Shunts and Other Drainage Devices
o   Other Surgical Devices and Equipment.
 
Additionally, the market is analyzed in terms of use and focuses on specific diseases and conditions such as cataract treatments, glaucoma treatments, and refractive treatments. Each segment provides detailed information of products, current market estimates, and market forecasts. 
 
METHODOLOGY
 
The information for this BCC report was obtained through primary and secondary data collection methods. Primary methods included interviews with key executives, product managers, and clinical specialists involved in the ophthalmic drug industry. Secondary methods included published literature in the area of ophthalmic devices and equipment, investment reports, company literature, and various medical and business journals.
 
All market data pertains to the global market at the manufacturers’ level. Data are expressed in current U.S. dollars. The base year of the report is 2009, with historical data provided for 2007 and 2008 and forecast data provided through 2014. Historical, base year, and forecast data are provided for each market segment of the report. Competitor market shares are provided for each market segment for the 2009 base year.
 
ANALYST CREDENTIALS
 
Melissa Elder is an experienced healthcare market analyst, specializing in prescription and over-the-counter pharmaceuticals, medical devices, animal health products, and emerging healthcare technologies. Ms. Elder has more than 13 years of experience in the healthcare industry, specializing in market research for the past 10 years. This experience has given her substantial insight into pharmaceutical market analysis. Her work in the medical community, including emergency room medical training and healthcare information system coordination, has enhanced her ability to provide insight into many healthcare markets. 
 
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DISCLAIMER
 
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.
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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
[+] Show Chapter Details
Title/Chapter NamePagesMember Price
Full Report: Global Markets for Ophthalmic Devices, Diagnostics and Surgical Equipment173Free
Chapter- 1: INTRODUCTION3Free
Chapter- 2: SUMMARY3Free
Chapter- 3: INDUSTRY OVERVIEW26Free
Chapter- 4: MARKET TRENDS AND ISSUES14Free
Chapter- 5: OPHTHALMIC DIAGNOSTICS 31Free
Chapter- 6: VISION CORRECTION AND VISION PRESERVATION DEVICES15Free
Chapter- 7: SURGICAL EQUIPMENT32Free
Chapter- 8: MARKET SUMMARY9Free
Chapter- 9: TECHNOLOGY14Free
Chapter- 10: C. CRAMER & CO. GMBH12Free
Chapter- 11: APPENDIX I: 10Free
Chapter- 12: APPENDIX II:4Free

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