DUBLIN, June 30, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/w99zfk/ophthalmology) has announced the addition of the "2014 Report on the International Ophthalmology Diagnostics and Surgical Devices (Optical Coherence Tomography, Echography, Corneal Topographers, Specular Microscopes, Cataract, Refractive, Glaucoma and Vitreoretinal Surgery) Market - Forecast to 2019" report to their offering.
The ophthalmology industry is witnessing a rapid pace of technological advances in order to achieve efficient diagnosis and treatment platforms. Maintenance of normal vision is vital as eyes are one of the most crucial sensory organs. Defects in vision and other infections, inflammations may result in complete loss vision. Hence, various ophthalmological diagnostic and surgical treatment devices play an utmost important role so as to avoid vision loss and improve the quality of life of patients.
The ophthalmic diagnostic platforms aid the ophthalmologist to have a detailed view of the internal eye structure and helps in examination of the microvasculature of the eye. Thus, providing appropriate diagnosis of the ophthalmic condition. Post diagnosis the patients are either prescribed vision care products in case of normal vision corrections (refractive errors) or surgeries are performed based on ophthalmic condition.
The major factors attributing towards the growth and proliferation of ophthalmological devices market are its persistent product modifications and continuous rise in geriatric population. Furthermore, high demand for efficient diagnostic platforms, minimally invasive surgeries, and improved healthcare infrastructure is also propelling the growth of this market.
On the contrary, high cost of the high end advanced diagnostic platforms, technologically advanced surgical procedures coupled with lack of professional expertise might restrain the growth of ophthalmology devices market.
Ophthalmology devices market can be analyzed by product type, applications and geography. The product type is further segmented into several diagnostic, surgery devices and vision care products. Vision care segment accounted for the largest market segment and was valued at USD 17,615.8 million in 2012 growing at CAGR of 7.1% throughout the forecast period from 2013 to 2019.
This growth has been attributed towards the growth of large consumer base, rise in the number of advanced software applications along with increase in the incidence of ophthalmic refractive errors. As per the data published by World Health organization (WHO) in the year 2013, around 82% of the people aged 50 and above are currently living with blindness. Also, it had stated that uncorrected refractive errors have led to visual impairments especially in the low and middle income economies.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global ophthalmology Devices Market, by Product Type
Chapter 5 Global Ophthalmology diagnostics and Surgical Devices Market, by Application
Chapter 6 Global Ophthalmology Diagnostics and Surgical Devices Market, by Geography
Chapter 7 Recommendations
Chapter 8 Company Profiles
- Abbott Medical Optics, Inc.
- Alcon Laboratories, Inc.
- Bausch & Lomb, Inc. (Valeant Pharmaceuticals)
- Carl Zeiss Meditec AG
- Essilor International
- Hoya Corporation
- Johnson & Johnson
- STAAR Surgical Company
- SynergEyes, Inc.
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SOURCE Research and Markets