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(MoneyNewsWire.Net, October 06, 2017 ) According to the report North America Ophthalmology Therapeutics Industry, published by Market Data Forecast, The Industry was worth $7.36 billion in 2016 and estimated to be growing at a CAGR of 6.7%, to reach $10.18 billion by 2021.
The Industry is showing evident potential in the mentioned forecast period. Ophthalmology deals with the treatment of eye defects and diseases. With the recent advancements in genetics and stem cell biology, the mechanisms of many ophthalmic diseases are being revealed progressively.
Browse Market data tables and in-depth TOC of the North America Ophthalmology Therapeutics Industry to 2021 @ http://www.marketdataforecast.com/market-reports/north-america-ophthalmology-therapeutics-market-1107/
North American Industry for Ophthalmology Therapeutics is driven by the growing prevalence for vision impairment. Approximately 11% of Americans aged 20 years and older suffering from diabetes had some form of visual impairment while 3.4 million (3%) Americans aged 40 years and older are either blind or visually impaired. 1,600,000 Americans aged 50 years and above have age related macular degeneration. Advancements in technology in the field of medicine are also playing a key role in the growth of the Industry. Growing geriatric population across the continent along with rise in disposable income are some of the other factors fuelling the Industry growth. However, lack of awareness about the various diseases associated with ophthalmology is a major factor restraining the growth of the Industry. Stringent regulatory framework and unclear reimbursement policies are also acting as hurdles for Industry growth.
North America Ophthalmology Therapeutics Industry is broadly categorized into Indication and End User. Based on indication the Industry is segmented into Glaucoma, Dry Eye Syndrome, Diabetic Retinopathy, Retinal Vein Occlusion, Age-related Macular Degeneration, Macular Edema and Allergic Conjunctivitis. Glaucoma is the largest indication segment accounting for a share of approximately 31% followed by AMD with a share of 27%. By end User the Industry is segmented into Hospitals, Eye Clinics, Diagnostic Centres and Patients.
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On the basis of geography, the North America Ophthalmology Therapeutics Industry is segmented into United States and Canada. Within North America, United States is the largest Industry for Ophthalmology Therapeutics with a share of xx% while Canada is estimated to be the fastest growing with a CAGR of xx% during the forecast period.
Some of the major companies covered in the report are Pfizer Inc., Allergan Inc., Alcon Inc., Merck & co. Inc., Roche Valeant, Regeneron, Santen, Bayer, Senju, Lpath and Eye Gate Pharmaceuticals
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Key Points from Table of Contents
Overview
Executive Summary
Key Inferences
New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
North America Ophthalmology Therapeutics Industry: Segmentation
By Indication
o Glaucoma
o Dry Eye Syndrome
o Diabetic Retinopathy
o Retinal Vein Occlusion
o Age-Related Macular Degeneration (AMD)
o Macular Edema
o Allergic Conjunctivitis
By End User
o Hospitals
o Eye Clinics
o Diagnostic Centers
o Patients
Geographical Analysis
United States
Canada
Strategic Analysis
PESTLE analysis
Porters Five analysis
Industry Leaders' Analysis
Competitive Landscape
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