Global Ophthalmic Market Set to Register healthy CAGR During 2019-2025pmrplanetmarket | April 15, 2019 | 0 | Pharmaceutical and Healthcare
Global Ophthalmic Market
Global Ophthalmic Market to reach USD XX billion by 2025.
Global Ophthalmic Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Ophthalmic Market is continuously growing in the global scenario at significant pace. An ophthalmic lens is a lens for correcting vision in a person with visual impairments where the focal point of the eyes does not hit the retina. Lenses can also be used to address problems like astigmatism. They come in a variety of forms including plastic and glass lenses worn in glasses, contact lenses placed in direct contact with the eye, and lens implants surgically inserted into the eye to correct visual impairments. Technological enhancements in contact lens, rapid growth in geriatric population and growing prevalence of refractive errors caused by presbyopia and myopia are the substantial driving factors of the market across the globe. Moreover, increasing awareness regarding eye health among people is the factors that likely to create lucrative opportunities in the market over the upcoming years. However, high cost associated with lens and reimbursement cuts for ophthalmic surgical procedures are the factors that limiting the market growth of Ophthalmic during the forecast period.
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The regional analysis of Global Ophthalmic Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of well-established healthcare facilities and rising population density in the region. Further, Europe is anticipated a stable growth in the global Ophthalmic Market during the forecast period. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to growing demand for technological advanced devices from the large patients population in the region.
The major market player included in this report are:
• Essilor International
• GKB Ophthalmic
• Hoya Corporation
• Novartis AG Alcon
• Rodenstock GmbH
• Seiko Optical Products
• Johnson and Johnson
• Valeant Pharmaceuticals
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ADC Ophthalmic Lens
PC Ophthalmic Lens
PU Ophthalmic Lens
Acrylic Ophthalmic Lens
Epoxy Ophthalmic Lens
Intraocular Cataract Lens
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Ophthalmic Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers VARs
Third-party knowledge providers
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