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(MoneyNewsWire.Net, February 15, 2018 ) According to the report North America Ophthalmology Devices Market, published by Market Data Forecast, The Market is projected at $14.15 Billion in 2016 and is estimated to reach $18.14 Billion market by 2021 with a compound annual growth rate (CAGR) of 5.1%.
Currently, the ophthalmology device market is a key growth area in the medical device market with rising demand for solutions, improving the lives of millions of people. The growth rate is likely to sustain in the years to come with rising prevalence of various ocular diseases and aging population. With the introduction of cataract, glaucoma, refractive surgical devices among others has heaped tremendous opportunities in the future market.
Browse market data tables and in-depth TOC of the North America Ophthalmology Devices Market to 2021 @ https://www.marketdataforecast.com/market-reports/north-america-ophthalmology-devices-market-457/
Ophthalmology is the branch of medicine that deals with diseases that are related to eyes, anatomy and physiology. Ophthalmology devices include surgical devices which are used primarily for treating conditions relating to eye. The ophthalmology devices are a tremendous help in optimising the treatment process for eyes making it more convenient for both ophthalmologist and patients.
Recent years have witnessed the emergence of Ophthalmology device market owing to the rising eye related health conditions, advancements in technology and increasing aging population. The market is also driven by the factors that include increasing expenditure on healthcare spending, rising government expenditure and developments in the healthcare medical devices. However, the growth of the market is restricted by a few restraints which include lack of awareness regarding diseases like glaucoma, lack of healthcare insurance in developing countries and poor infrastructure.
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North America Ophthalmology Devices Market: Segmentation
By Application
Diagnostics & Monitoring devices
Surgery Devices
Vision Care Devices
By Disorders
Cataract
Glaucoma
Refractor disorders
Vitreo retinal disorder
By Device
Canaloplasty devices
Computerized Field Analyser
The major companies in the market are Abbott Medical Optics Inc., Alcon Inc., Johnson & Johnson, Bausch and Lomb Inc., Essilor International, Topcorn Corporation, HAAG-Streit Group, Topcon Corporation, Carl Zeiss Meditec, Ziemer Ophthalmic System and Hoya Corporation.
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The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
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