(PharmaNewsWire.Com, February 17, 2019 ) Global Ophthalmology PACS Market is valued at approximately USD 97.3 million in 2017 and is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2018-2025. The Ophthalmology PACS is developing and expanding at a significant pace. Over the past few years, there has been a constant rise in the geriatric population & subsequently, the prevalence of age-related disorders in both the male and female population, consisting a number of eye disorders. This is acting as a key factor fueling the demand for innovative technologies considering the diagnosis along with treatment of ophthalmic conditions in both the developed and developing countries. The tear layer looses stability & degrades rapidly in the elderly population; consequently, the risk of getting impacted by severe eye disorders enhances significantly with age, after 60 years of age. 1 in 3 people suffers from some type of eye diseases & is at risk of severe eye problems. These conditions mainly include age-related macular degeneration such as cataract, low vision, glaucoma, and diabetic eye disease.
On the basis of Geography, Ophthalomology PACS market is divided into North America, Europe, Asia-Pacific, Latin America and Rest of the World. North American region is anticipated to hold the dominant share considering the growth of Ophthalmology PACS market. As per the Statistics presented by the National Eye institute, it is estimated that around 139 billion USD is spent for treatment of the eye disorders each year considering the eye disorders occurring in both the male and female population of the United States. According to National Eye Institute, after studying the trends & epidemiology of eye diseases, the institution have concluded that by the end of the year 2030, around 2.2 million individuals in the country would be suffering from vision abnormalities which is further fueling the development and growth of Ophthalmology PACS market in the North America.
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