Global Ophthalmology Drugs & Devices Market By Devices (Surgical Device, Diagnostics & Monitoring Devices, Vision care), Drug (Glaucoma Drugs, Retinal Disorder Drugs, Dry Eye Drugs, Allergic Conjunctivitis and Inflammation Drugs, Other Drugs), Delivery Type (Capsules & Tablets, Gels, Eye Drops, Eye Ointment, Eye Solutions), End Use (Hospitals, Diagnostic Centres, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Market Trends & Forecast to 2027
Market Analysis and Insights: Global Ophthalmology Drugs and Devices Market
Ophthalmology drugs & devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 48.36 Billion by 2027 growing at a CAGR of 5.80% in the above-mentioned forecast period. The growth of ophthalmology drugs & devices market is due to the rising prevalence of the eye disorders such as presbyopia, macular degeneration among others.
Ophthalmic medical devices mainly deal in the treatment of eye related disorder with the laser technology. Drugs are being used to detect certain ocular malformation in the eyes.
The growing number of geriatric population and increasing prevalence of diabetes is expected to drive the market growth for ophthalmology drugs & devices. Increasing investment in research and development will help to boost the growth of the market. Rising eye disorders is another factor that will augment the market growth. Presence of strong emerging pipeline drugs will help to uplift the market growth.
This market report provides details of market share, new developments, product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Ophthalmology Drugs & Devices Market Scope and Market Size
Ophthalmology drugs & devices market is segmented of the basis of devices, drug, delivery type and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on devices, market is segmented into surgical devices, diagnostics & monitoring devices and vision care. Diagnostic & monitoring devices are further segmented into optical coherence tomography, ophthalmic ultrasound imaging systems, fundus camera market, ophthalmoscopes, retinoscope, pachymeter, wavefront aberrometers, perimeters/visual field analyzer, autorefractors/phoropter, specular microscope, corneal topographers and other. Surgical devices are further segmented into cataract surgery devices, glaucoma surgery devices, refractive surgery devices and vitreoretinal surgery devices. Vision care is further segmented into contact lens and spectacles.
Ophthalmology drugs & devices market has also been segmented based on the drug into glaucoma drugs, retinal disorder drugs, dry eye drugs, allergic conjunctivitis and inflammation drugs and other drugs.
On the basis of delivery type, ophthalmology drugs & devices market has been segmented into capsules & tablets, gels, eye drops, eye ointment and eye solutions.
On the basis of end-use, ophthalmology drugs & devices market has been segmented into hospitals, diagnostic centres and others.
Ophthalmology Drugs & Devices Market Country Level Analysis
Global ophthalmology drugs & devices market is analysed and market size insights and trends are provided by country, devices, drugs, delivery type and end-use as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the large market share of the U.S. in ophthalmology drugs & devices market due to the presence of healthcare facilities and increasing geriatric population in the region while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period 2020 to 2027 due to the rising prevalence of eye disorder and diabetes in the geriatric population.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while provided forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Global ophthalmology drugs & devices market report also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for ophthalmology drugs & devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ophthalmology drugs & devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Ophthalmology Drugs & Devices Market Share Analysis
Global ophthalmology drugs & devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to ophthalmology drugs & devices market.
The major players covered in the report are Carl Zeiss AG, Novartis AG, Johnson & Johnson Services, Inc., Allergan, Topcon Corporation, NIDEK CO., LTD., HAAG-STREIT GROUP, Ziemer Ophthalmic Systems, Bausch & Lomb Incorporated, Biotech, VisionCare, Inc., Akorn, Incorporated, Bayer AG, Acucela Inc., Regeneron Pharmaceuticals, Inc, Nicox, Santen Pharmaceutical Co., Ltd. and IRIDEX Corporation among other players domestic and global. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ophthalmology Drugs and Devices Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.