Ophthalmic devices are medical devices that are used in the identification and treatment of ocular defects or deficiencies and eye disorders. The rising occurrence of eye disorders and vision loss are contending the demand for ophthalmic devices worldwide. It is a branch of medical sciences that pacts with the structure, function, and various eye diseases. The ophthalmic devices are some medical equipment’s designed for diagnosis, surgical, and vision correction purposes. These devices gain augmented position and adoption due to high occurrence of various ophthalmic diseases such as glaucoma, cataract, and other vision related issues.
It is observed that the aged people are more inclined towards developing of eye-related disorders, such as glaucoma and dry eye which is helping in the growth of the market.
The Ophthalmic Devices Market provides its segmentations by region such as North America, Europe, Asia Pacific and LAMEA. Along with this, it also provides an in-depth analysis of the prominent factors that influence the market which includes drivers, opportunities, trends and industry-specific challenges.
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The author of the report analyzed that the ophthalmic devices market is accounted for XXX in XXXX and is estimated to grow for about XXX by 2026 Globally, North America region holds the largest share of the market in
Some of the players operating in the ophthalmic devices market are Essilor International, Johnson & Johnson Vision Care Inc., CIBA Vision Corporation, Solotica Lentes de Contato, Alcon Inc., Bausch & Lomb Incorporated, Abbott Medical Optics Inc., Cooper Vision Inc., Carl Zeiss AG, and Hoya Corporation among the others.
On June 18th, 2018, Alcon reveals its new data that shows suggestively improved near and midway distance vision with the AcrySof IQ PanOptix intraocular lens (IOL), as compared to the ZEISS AT LISA® tri 839MPIOL.
Current technological advancements in the ophthalmology devices market have transformed the slow-growth sector to a high-growth sector. Use of optical lasers and other devices come with the disadvantages of severe damage to the cornea and hence, this is limiting the development of the market. The enlarged recognition among patients towards the latest surgical procedures has also triggered the market growth.
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By Product function
• Ophthalmic Surgical Devices
o Refractive Error Surgical Devices
§ Excimers and Femtosecond Lasers
o Glaucoma Surgical Devices
§ Implants and Stents
§ Glaucoma Drainage
§ Glaucoma Laser Devices
o Cataract Surgery Devices
§ Intraocular Lenses
§ Phacoemulsification Systems
o Vitreoretinal Surgical Devices
§ Vitrectomy Machines & Vitrectomy Packs
§ Photocoagulation Lasers
§ Illumination Devices
• Ophthalmic Diagnostic Devices
o Corneal Topography Systems
o Retinal Ultrasound Systems
o Fundus Camera
o Optical Coherence Tomography Systems
o Slit Lamps
• Ophthalmic Vision Care Devices
o Contact Lenses
o Spectacle Lenses
• North America
The report provides both, qualitative and quantitative research of the market, as well as provides worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their headquarter, competitors, product type, application and specification, pricing, and gross margin.