DUBLIN--(BUSINESS WIRE)--Sep 11, 2018--The "Ophthalmic Devices Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The ophthalmic device market is projected to grow at a CAGR of 5.01% to reach US$65.248 billion in 2023 from US$48.651 billion in 2017.

Rising geriatric population across the globe is increasing the incidence of various eye diseases like Cataracts and Glaucoma which is increasing the demand for ophthalmological treatments.

Changing lifestyle of people in various regions has led to an increase in the prevalence of chronic diseases like diabetes which is further encouraging the need for ophthalmological treatments, thus boosting the demand for ophthalmic devices.

Technological advancements are expanding the capabilities and efficiency of these devices while rising disposable income across many regions is increasing their adoption among the end-users.

Among regions, North America accounts for the significant share of the global ophthalmic device market owing to the presence of major market players in the region and well-established healthcare industry. Huge funding by market players and increasing spending by the government on healthcare is another factor contributing to the market growth of ophthalmic devices.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Ophthalmic Device Market by Device Type

6. Ophthalmic Device Market by End-User

7. Ophthalmic Device Market by Geography

8. Competitive Intelligence

9. Company Profiles

Johnson & Johnson Services, Inc. Novartis AG Bausch & Lomb Incorporated Carl Zeiss Medical AG Essilor Nidek Co. Ltd. Topcon Corporation Ziemer Ophthalmic Systems AG

For more information about this report visit https://www.researchandmarkets.com/research/qtzjrl/the_65_25bn?w=4

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Related Topics:Optical



SOURCE: Research and Markets

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PUB: 09/11/2018 02:03 PM/DISC: 09/11/2018 02:03 PM