Ophthalmology Devices Market Demand, Opportunity and Trends 2015

Ophthalmology is a branch of medicine that deals with the anatomy, pathology, functions, and treatment of the eye. Over the years, this branch has undergone enormous expansion in basic research, clinical trials, as well as cutting-edge technology. Ophthalmology devices are medical devices meant for the correction of eye defects and to provide better vision to people. Globally, the incidence of the eye defects such as cataracts, conjunctivitis, dry eyes, glaucoma, retinal disorders, and presbyopia has increased causing loss of vision in most of the cases. These ophthalmic defects can be caused due to an infection or can be hereditary. Ophthalmologists use medical devices to detect the cause of the infection at an early stage and, therefore, do not lead to further damage to the eyesight.

Technavio's analysts forecast the global ophthalmology devices market to grow at a CAGR of 5.30% over the period 2015-2019.

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Covered in this report

The report covers the current scenario and the growth prospects of the global ophthalmology devices market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of the following products:

Diagnostic products

Surgical products

Vision care products

The market is divided into the following segments based on the application:

Surgical products:

Retinal surgical instruments

Cataract surgical instruments

Glaucoma surgical instruments

Refractive surgical instruments

Vision care products:

Contact lenses

Eyewear frames

Technavio's report, Global Ophthalmology Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global ophthalmology devices market and its growth prospects in the coming...