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The Ophthalmic Devices Market To Grow At A Higher Rate

Author: Srikanth Tbrc
by Srikanth Tbrc
Posted: Jan 24, 2019

The Business Research Company’s ophthalmic devices global market report, covers the year-on-year growth of the global ophthalmic devices market historic and forecast growth. It also includes chapters on the ophthalmic devices market trends, geographical analysis, and competitive landscape.

Order the report at:

https://www.thebusinessresearchcompany.com/report/ophthalmic-devices-global-market-report

The global ophthalmic devices market size is expected to reach $36 Billion by 2022, significantly growing at a CAGR of around 4% during the forecast period.

Ophthalmic Devices Market Trends

The ophthalmic devices (or) equipment supplies market consists of sales of ophthalmic devices and related services by entities (organizations, sole traders and partnerships) that produce ophthalmic devices used in the diagnosis and treatment of eye related diseases. This industry includes establishments that produce vision care devices, cataract surgery devices, refractive surgery devices, diagnostic and monitoring ophthalmic devices used in conditions such as eye infections, cataract, glaucoma, retinal detachment and other medical conditions.

The use of robotic systems in the field of ophthalmology is increasing. Conventional ophthalmic surgeries are generally performed with a high magnification with a three-dimensional view through a surgical microscope and precise manipulations are made using delicate handheld instruments to minimize collateral damages. Robot-assisted surgeries are attractive in these cases and allow surgeons to perform complex eye operations with improved precision, amplified scale of motion, reduced tremor, task automation and flexibility. For instance, mechatronics and control laboratory and the Jules stein eye institute collaboratively developed intraocular robotic interventional and surgical system (IRISS) which is capable of performing both anterior and posterior segment intraocular surgery. This system consists of master surgical manipulators to manipulate two surgical instruments simultaneously through tiny ocular incisions and microscope mounted cameras for 3-D teloperated surgical visualization. Preceyes BV also developed PRECEYES Surgical System to perform robot-assisted operation inside the eye.

The global ophthalmic devices market is primarily driven increase in ageing population who are more prone to optic diseases and rising awareness of healthcare in general.

Download a sample of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=1970&type=smp

The global ophthalmic devices market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With economic growth, increase in population the ageing population is also increasing which in return increase the patients for ophthalmic diseases, the global ophthalmic devices market is expected to increase in potential and scope. TBRC’s report also covers the Ophthalmic Devices drivers and restraints in the market.

The global ophthalmic devices market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global ophthalmic devices market report are Essilor International, Alcon (Novartis), Johnson & Johnson (U.S.), Hoya Corporation, CooperVision AG.

About The Business Research Company:

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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Author: Srikanth Tbrc

Srikanth Tbrc

Member since: Nov 04, 2018
Published articles: 76

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