Ophthalmology Surgical Devices Market: Rising Incidence of Eye Disorders to Propel Demand, TMR

The global ophthalmology surgical devices market was valued at around US$ 7.0 Bn in 2016 and is expected to expand at a CAGR of over 4.0% from 2017 to 2025, to reach value of around US$ 11.0 Bn by 2025. Rising elderly population worldwide is expected to contribute to increase in the number of people with avoidable blindness. This, in turn, is projected to drive the global ophthalmology surgical devices market from 2017 to 2025.

A recent research revealed that LED light could be damaging the retina. The findings of the research were published on Cleveland Clinic’s online portal. Similar researchers have shifted the focus of the medical fraternity towards developing surgical and non-surgical mechanisms for eye treatments.

The field of ophthalmology has remained at the helm of research and development across the medical fraternity. This factor has played an integral role in the growth of the global ophthalmology surgical devices market. Several healthcare organisations have made concerted efforts to educate people about the various types of ophthalmological disorders. The American Academy of Ophthalmology recently debunked several myths associated with paediatric ophthalmology. It is expected that the global ophthalmology surgical devices market would tread along an ascending trajectory of growth in the coming years.

Request a Sample of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=41633

Supremacy of Ophthalmological Research

The growing incidence of myopia and hyper myopia has raised several concerns across the medical fraternity. Researchers have made positive interventions in the field of ophthalmology by developing new lines of treatment and disease analysis. This factor has also generated a plethora of opportunities for growth across the global ophthalmology surgical devices market. Management of synthetic eye treatment also necessitates the use of surgical devices.

Regional Analysis of Research Capabilities

On a regional footing, the global ophthalmology surgical devices market is segmented into South America, Europe, Asia Pacific, North America, and the Middle East and Africa. The research fraternity in the US has time and again proved its worth to the world. This factor has played a central role in propelling demand across the North America ophthalmology surgical devices market. The market for ophthalmology surgical devices in Europe is expected to expand as the NHS dedicates more resources towards ophthalmological treatments.

Buy Ophthalmology Surgical Devices Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=41633&ltype=S

Presence of Surgical Centers in Rural Areas to Aid Market Growth

It is evident that the boisterous pace of urbanization has led to the opening new clinical and surgical centers across the suburbs and cities. However, the most stellar driver of demand within the global ophthalmology surgical devices market is the commencement of surgical centers in rural areas. On the flip side, the absence of medical reimbursement for ophthalmic treatments could be a threat to market growth. Nevertheless, governments across several regions provide incentives for the development of dedicated ophthalmic clinics. This factor shall continue to aid the growth of the global ophthalmology surgical devices market in the years to come.

Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=41633

Some of the key players in the global ophthalmology surgical devices market IRIDEX Corporation, are HOYA Corporation, Johnson & Johnson Vision Care, Inc., Inc., NIDEK CO., LTD., Lumenis Ltd., and STAAR Surgical Company.

More Trending Reports by Transparency Market Research:

Intraocular Lens Market: According to analysts from Transparency Market Research, the global intraocular lens market is likely to rise at a healthy CAGR of 5.20% during the assessed period 2017-2024. Recently the market was valued at US$3553.4 mn and is predicted to hit US$5069.5 mn by the end of the forecast period.

Glaucoma Therapeutics Market: The global glaucoma therapeutics market was valued at US$ 5,932.6 Mn in 2017 is anticipated to reach US$ 7,659.8 Mn by 2026, expanding at a CAGR of 2.9% from 2018 to 2026. Increase in prevalence and incidence of diabetic disorders, rise in geriatric population, improved health care as well as health care infrastructure, introduction of combination therapies, and surge in the number of awareness programs are likely to drive the global glaucoma therapeutics market during the forecast period.

Ophthalmic Ultrasound Systems Market: The global ophthalmic ultrasound systems market is expanding due to the increase in prevalence of ocular disorders and diseases across the globe. The global ophthalmic ultrasound systems market was valued at US$ 2731.1 Mn in 2017. It is projected to reach a value of US$ 4443.3 Mn by 2026 and expand at a cumulative annual growth rate (CAGR) of 5.1% from 2018 to 2026. The global market is expanding at a relatively higher growth rate owing to the increasing geriatric population.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

Back to news