The Global Ectropion Market is expected to grow at a CAGR of 6.5% during the forecast period. Ectropion is an ophthalmologic disorder which causes abnormal outward turning of the eyelid. It usually involves the lower eyelid. It is a common eye disorder among the older population and in people who have undergone eye surgeries or any eye infection. Additionally, factors such as trauma, birth defects, Bell’s palsy, and floppy eyelid syndrome are likely to drive the growth of the ectropion market.
Worldwide Ectropion Market Key Players:
Ophthalmics Ltd, InSite Vision Incorporated, NovaBay Pharmaceuticals, Inc., Thea Pharmaceuticals Limited, Perrigo Laboratories, Merck & Co., Gelderma S.A., and Novartis AG.
Global Ectropion Market Segmentation:
The Global Ectropion Market is segmented on the basis of type, treatment, diagnosis, and end-user. On the basis of type, the market is segmented into involutional ectropion, paralytic ectropion, cicatricial ectropion, mechanical ectropion, and congenital ectropion.
On the basis of treatment, the market is segmented into eye drops, artificial tears, horizontal taping of the eyelid, and surgery. On the basis of diagnosis, the market is segmented into physical examination, eye examination, and others. On the basis of end-user, the market is segmented into specialty centers, hospitals and others.
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Ectropion Market Regional Analysis:
The North American Ectropion Market is a growing market. On a regional basis, the Americas region is segmented into North America and South America. North America is segmented into the U.S. and Canada. The increasing incidence of eye disorders, along with the increasing awareness among population regarding eye care is likely to drive the market. Additionally, growing aging population and growing healthcare expenditure with rising involvement of leading players in new product developments and the rising government support are likely to enhance the growth of the Ectropion market in North America.
Europe is the second largest market and holds a healthy share in the global Ectropion market. The European market is expected to grow at a healthy CAGR during the forecast period owing to the large pool of market players offering innovative products and increasing skilled medical professionals along with the growing demand for better and advanced healthcare infrastructure. For instance, according to the Organization for Economic Co-operation and Development (OECD), the healthcare expenditure in Germany was EUR 321 billion in 2014.This growing healthcare expenditure is driving the Ectropion market in Europe.
Asia Pacific is expected to be the fastest growing market. The increasing population is eventually leading to the rising patient population and rising prevalence of eye disorders. China is the fastest growing region owing to an increasingly older population. The increasing awareness about the health and the growing demand for healthcare facilities in emerging economies drive the market in this region. The rising healthcare expenditure and the rise in awareness among the masses are driving the growth of the Ectropion market in the Asia Pacific region.
The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness and limited treatment facilities. In the Middle East, the United Arab Emirates is the largest market owing to the development of the healthcare industry and the rising demand for advanced specialty centers.
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Table of Content Ectropion Market Research Report – Forecast to 2023:
1. Report Prologue
2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
LIST OF TABLES
Table 1 Ectropion Industry Synopsis, 2017–2023
Table 2 Global Ectropion Market Estimates & Forecast, 2017–2023, (USD Million)
Table 3 Global Ectropion Market, By Region, 2017–2023, (USD Million)
Table 5 Global Ectropion Market, By Treatment, 2017–2023, (USD Million)
Table 6 Global Ectropion Market, By Diagnosis, 2017–2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Ectropion Market
Figure 3 Segmentation Market Dynamics For Ectropion Market
Figure 4 Global Ectropion Market Share, By Treatment, 2016
Figure 5 Global Ectropion Market Share, By Diagnosis, 2016
Figure 6 Global Ectropion Market Share, By End-User, 2016
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