Submitted by: Submitted by justinbarnes12
Views: 10
Words: 2918
Pages: 12
Category: Business and Industry
Date Submitted: 12/13/2015 11:32 PM
Ophthalmic Devices Market - Market is witnessing significant growth
2020
Persistence Market Research
Ophthalmic Devices Market expected to
grow at a CAGR of 6.5% from 2014 to 2020 Persistence Market Research
Persistence Market Research
1
Ophthalmic Devices Market - Market is witnessing significant growth
2020
Persistence Market Research Released New Market Report “Global Market Study on
Ophthalmic Devices: Asia to Witness Highest Growth by 2020,” the global ophthalmic
devices market was valued at USD 29,171.5 million in 2014 and is expected to grow at a
CAGR of 6.5% from 2014 to 2020, to reach an estimated value of USD 42,685.1 million in
2020.
Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/3188
Globally, the ophthalmic devices market is witnessing significant growth due to increasing prevalence of
eye disorders, such as diabetic retinopathy and macular degeneration. In addition, growing global aging
population, increasing government initiatives towards healthcare infrastructure in developing countries,
and increasing incidence of lifestyle-associated diseases are also driving the growth of the market.
However, lack of awareness among people about eye disorders, poor primary healthcare infrastructure,
and lack of insurance in developing countries hamper growth of the global ophthalmic devices market. In
addition, eye diseases in children are also increasing due to the general lack of awareness.
Request Sample Report: http://www.persistencemarketresearch.com/samples/3188
The global ophthalmic devices market is anticipated to grow from an estimated USD 29,171.5 million in
2014 to USD 42,685.1 million in 2020 at a CAGR of 6.5% during the forecast period.
North America is the largest market for global ophthalmic devices. Vision care devices are the most used
type of ophthalmic devices, spectacles lenses are the most used type of vision care ophthalmic device
and cataract surgery devices are the most popular type of ophthalmic...