Ophthalmic Devices Market | 2021 Global Analysis By Size, Growth Insights, Developments, Emerging Technologies, Share, Key Players, Trends, Regional Outlook And Global Industry Forecast To 2027 is latest study published by Fortune Business Insights. The Global Ophthalmic Devices Industry expected to Reach USD 32.36 billion value, at CAGR of 4.2% by 2027. Ophthalmic Devices Industry is segmented By Surgical (Implants, Consumables, and Equipment) and Vision Care (Contact Lenses and Ocular Health) By End User (Hospitals, Ophthalmic Clinics and Others) Regional Forecast, 2020-2027.
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Key Companies Studied In Report:
- Alcon (Geneva, Switzerland)
- Carl Zeiss Meditec (Oberkochen, Germany)
- Johnson & Johnson Vision Care, Inc. (Jacksonville, U.S.)
- The Cooper Companies Inc. (California, U.S.)
- BVI (Waltham, U.S.)
- Bausch & Lomb Incorporated (Rochester, U.S.)
- Essilor (California, U.S.)
- Hoya Corporation (Tokyo, Japan)
- NIDEK CO., LTD (Gamagori, Japan)
Global Ophthalmic Devices Market Highlights:
Ophthalmology generally deals with the function, structure, and several eye diseases. These devices are a type of medical equipment that cover a wide range of applications such as contact lenses, glasses, implants, lasers, diagnostics, and other surgical instruments. These devices are further designed to prevent damage to the eye, injuries, and other vision care diseases.
According to the World Health Organization (WHO), around 2.2 billion people suffer from vision impairment across the globe. The increasing prevalence of ophthalmic disorders such as diabetic retinopathy, cataract, and myopia is driving the demand for advanced ophthalmic devices. In addition to this, the increasing per capita healthcare expenditure and favorable healthcare reimbursement policies are expected to bode well for the global ophthalmic devices market growth during the forecast period.
The vision care segment, based on product, is expected to experience a significant growth in the forthcoming years. This is ascribable to factors such as the increasing adoption of contact lenses to correct vision anomalies across the globe.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for Ophthalmic Devices market to figure out and study the market’s needs, market size, and competition.
Regional Analysis:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East and Africa (South Africa, GCC and Rest of the Middle East and Africa)
Among all the regions, North America is expected to remain at the forefront and hold the highest position in the global ophthalmic devices market during the forecast period. This is attributable to the increasing adoption of advanced technology to develop these devices such as an intraocular lens for treating cataract disease. The region stood at USD 10.54 billion in 2019.
The market in Europe is anticipated to showcase an exponential growth owing to the increasing focus by major companies to develop innovative products to treat eye disorders. Additionally, supportive government policies to promote the R&D activities to develop technologically advanced devices will favor the market growth between 2020 and 2027.
This report focuses on Ophthalmic Devices Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
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Ophthalmic Devices Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Competitive Analysis And Industry News:
Major companies in the global Ophthalmic Devices Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition. Staying on top of market trends and drivers is crucial for decision-makers to hold this emerging opportunity. The study provides information on market trends and development, drivers, capacities, technologies, and the changing investment structure of the Ophthalmic Devices Industry.
Key questions answered in the report:
- What will the market growth rate of Ophthalmic Devices Market in 2027?
- What are the key factors driving the global Ophthalmic Devices Market?
- Who are the key manufacturers in Ophthalmic Devices Market space?
- What are the market opportunities, market risk and market overview of the Ophthalmic Devices Global market?
- What are sales, revenue, and price analysis of top manufacturers of Ophthalmic Devices Global market?
- What are sales, revenue, and price analysis by types and applications of Ophthalmic Devices Market?
- What are sales, revenue, and price analysis by regions of Ophthalmic Devices market?
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Table of Content:
1 Market Overview
1.1 Ophthalmic Devices Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2020-2027)
1.4.1.2 Canada Market States and Outlook (2020-2027)
1.4.1.3 Mexico Market States and Outlook (2020-2027)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2020-2027)
1.4.2.2 France Market States and Outlook (2020-2027)
1.4.2.3 UK Market States and Outlook (2020-2027)
1.4.2.4 Russia Market States and Outlook (2020-2027)
1.4.2.5 Italy Market States and Outlook (2020-2027)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2020-2027)
1.4.3.2 Japan Market States and Outlook (2020-2027)
1.4.3.3 Korea Market States and Outlook (2020-2027)
1.4.3.4 India Market States and Outlook (2020-2027)
1.4.3.5 Southeast Asia Market States and Outlook (2020-2027)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2020-2027)
1.4.4.2 Egypt Market States and Outlook (2020-2027)
1.4.4.3 Saudi Arabia Market States and Outlook (2020-2027)
1.4.4.4 South Africa Market States and Outlook (2020-2027)
1.4.4.5 Turkey Market States and Outlook (2020-2027)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global Ophthalmic Devices Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Ophthalmic Devices Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Ophthalmic Devices Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Ophthalmic Devices Manufacturer Market Share in 2018
3.3.2 Top 6 Ophthalmic Devices Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Ophthalmic Devices Market Analysis by Regions
4.1 Global Ophthalmic Devices Sales, Revenue and Market Share by Regions
4.1.1 Global Ophthalmic Devices Sales and Market Share by Regions (2020-2027)
4.1.2 Global Ophthalmic Devices Revenue and Market Share by Regions (2020-2027)
4.2 North America Ophthalmic Devices Sales and Growth Rate (2020-2027)
4.3 Europe Ophthalmic Devices Sales and Growth Rate (2020-2027)
4.4 Asia-Pacific Ophthalmic Devices Sales and Growth Rate (2020-2027)
4.5 South America Ophthalmic Devices Sales and Growth Rate (2020-2027)
4.6 Middle East and Africa Ophthalmic Devices Sales and Growth Rate (2020-2027)
5 North America Ophthalmic Devices by Country
5.1 North America Ophthalmic Devices Sales, Revenue and Market Share by Country
5.1.1 North America Ophthalmic Devices Sales and Market Share by Country (2020-2027)
5.1.2 North America Ophthalmic Devices Revenue and Market Share by Country (2020-2027)
5.2 United States Ophthalmic Devices Sales and Growth Rate (2020-2027)
5.3 Canada Ophthalmic Devices Sales and Growth Rate (2020-2027)
5.4 Mexico Ophthalmic Devices Sales and Growth Rate (2020-2027)
8 South America Ophthalmic Devices by Country
8.1 South America Ophthalmic Devices Sales, Revenue and Market Share by Country
8.1.1 South America Ophthalmic Devices Sales and Market Share by Country (2020-2027)
8.1.2 South America Ophthalmic Devices Revenue and Market Share by Country (2020-2027)
8.2 Brazil Ophthalmic Devices Sales and Growth Rate (2020-2027)
8.3 Argentina Ophthalmic Devices Sales and Growth Rate (2020-2027)
8.4 Colombia Ophthalmic Devices Sales and Growth Rate (2020-2027)
9 Middle East and Africa Ophthalmic Devices by Countries
9.1 Middle East and Africa Ophthalmic Devices Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Ophthalmic Devices Sales and Market Share by Country (2020-2027)
9.1.2 Middle East and Africa Ophthalmic Devices Revenue and Market Share by Country (2020-2027)
9.2 Saudi Arabia Ophthalmic Devices Sales and Growth Rate (2020-2027)
9.3 Turkey Ophthalmic Devices Sales and Growth Rate (2020-2027)
9.4 Egypt Ophthalmic Devices Sales and Growth Rate (2020-2027)
9.5 Nigeria Ophthalmic Devices Sales and Growth Rate (2020-2027)
10 Ophthalmic Devices Market In Developing Countries
11 South America Ophthalmic Devices Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Ophthalmic Devices Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter’s Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
Continued…
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