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Ophthalmology Devices Market Segmentation And developments Report By 2022


10th December 2018 - The Global Ophthalmology Devices Market is likely to gain a significant CAGR in the forecast period due to rise in population with visual impairment. For visual impairment, cataract surgical device, phacofragmentation system, and intraocular lens are used for diagnosis. The market offers total solutions initiating from standardization of surgical procedures with simple implantation and innovative design of implantation device.

The factors responsible for the ophthalmology devices market include rise in elderly population with eye and vision disorders. Technological advances in the device and rise in population are likely to fuel the market growth in the forecast period. Increase in demand for surgical and diagnostic instruments for targeted applications is expected to bolster the market growth during the forecast period. Inception of technologically enabled minimally invasive surgeries is expected to accelerate the market growth during the forecast period. Subsequently, faster recovery rates, rise in acceptance for refractive surgeries, and medical enhancements is likely to propel the market growth in the forecast period.

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By product segmentation, the ophthalmology devices market includes ophthalmic surgery devices, ophthalmic diagnostic devices, and vision care devices. Ophthalmic surgery devices are segmented as refractive error surgery devices, cataract surgery devices, glaucoma surgery devices, and vitroretinal surgery devices. Ophthalmic diagnostic devices are segmented as retinal ultrasound systems, corneal topography systems, refractors, fundus camera, perimeters, slit lamps, and tonometers.

Geographical segmentation for ophthalmology devices market includes North America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are expected to account for a significant CAGR in the forecast period due to rise in aging population and patients with sight disorders & eye diseases. North American and European markets are likely to gain a significant CAGR in the forthcoming period. The key players in the ophthalmology devices market include Johnson & Johnson Vision Care Inc, CIBA Vision Corporation, Abbott Medical Optics Inc, Bausch & Lomb Inc, Alcon Inc, Cooper Vision Inc, Hoya Corporation, Essilor International, and Carl Zeiss AG.

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