Report Highlights
Ophthalmic Devices Market Size And Forecast
Ophthalmic Devices Market was valued at USD 37.60 Billion in 2019 and is projected to reach USD 63.42 Billion by 2027, growing at a CAGR of 6.8% from 2020 to 2027.
The Ophthalmic Devices Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Ophthalmic Devices Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.
Global Ophthalmic Devices Market Overview
Increase in prevalence of ophthalmic diseases such as cataract and glaucoma is a key factor that significantly drives the growth of the global Ophthalmic Devices Market. Furthermore, surge in penetration of digital devices, including smartphones, laptops, and computers, e-readers; rapid technological advancements such as introduction of intraocular lenses coupled with increasing focus on customer training and education among eye care professionals regarding eye diseases and associated complications; and increase in awareness related to devices used in the field of ophthalmology are expected to propel the Ophthalmic Devices Market growth.
This report provides an all-inclusive environment of the analysis for the Ophthalmic Devices Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Ophthalmic Devices Market growth.
Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Ophthalmic Devices Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Ophthalmic Devices Market.
Global Ophthalmic Devices MarketSegmentation Analysis
The Global Ophthalmic Devices Market Segmented On The Basis Of End Users And Geography.
Key Players In Ophthalmic Devices Market
The Global Ophthalmic Devices Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Novartis, Carl Zeiss Meditec, Essilor, HAAG-Streit, Johnson & Johnson, Nidek, Topcon, Valeant Pharmaceuticals, Hoya, Ziemer Ophthalmic Systems, Sonomed Escalon, Gulden Ophthalmics, FCI Ophthalmics, Glaukos, STAAR Surgical
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