(PharmaNewsWire.Com, April 21, 2017 ) “Middle-East and Africa Ophthalmology Devices" research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 5.46 % to reach USD 4.5 billion by 2021, from USD 3.45 billion in 2016.
The ophthalmology device is one of the key growth area in the medical device industry with a rising demand for better quality healthcare services to improve millions of lives. Ophthalmology Devices Market primarily include glaucoma, refractive and cataract surgical devices among others. With rising awareness and fast approvals, the growth is most likely to sustain the coming years.
Ophthalmology which is a branch of medicine dealing with the diseases relating to physiology, anatomy and eyes. Ophthalmology devices encompasses a wide range of surgical devices which are primarily used for the treatment of eye conditions. These devices help is reducing the treatment time drastically, at the same time offering better quality protection to the patients. It is also proved to be a convenient way of operating for both the ophthalmologists and patients.
Key factors which affects and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are • rising eye related health conditions, • advancements in technology, • increasing aging population • increasing expenditure on healthcare spending • rising government expenditure • developments in the healthcare medical devices
For granular level understanding the Ophthalmology Devices Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Application: • Diagnostics & Monitoring devices • Surgery Devices • Vision Care Devices Based on Disorders: • Cataract • Glaucoma • Refractor disorders • Vitreo retinal disorder Based on Device: • Canaloplasty devices • Computerized Field Analyser
The Middle-East and Africa market is also analyzed individually in both the regions, thereby providing a more detailed geographical understanding of the market. Some of the major countries that hold significant place in this market include Egypt, KSA, UAE, Nigeria and Algeria.
Some of the key players that operate in the Middle-East and Africa Ophthalmology Devices Market include Johnson & Johnson, Abbott Medical Optics Inc., Carl Zeiss Meditec, Hoya Corporation, Essilor International, Alcon Inc., Topcon Corporation, HAAG-Streit Group, Ziemer Ophthalmic System, Bausch and Lomb Inc. and Nidek CO Ltd. Johnson & Johnson, in 2017, announced it has completed the acquisition of Abbott Medical Optics (AMO), a wholly-owned subsidiary of Abbott. The all-cash $4.325 billion acquisition was originally announced Sept. 16, 2016, and includes ophthalmic products in three areas of patient care: cataract surgery, laser refractive surgery and consumer eye health. These product lines will now join with the world-leading ACUVUE® Brand Contact Lenses business, and the combined organization will operate under the brand name Johnson & Johnson Vision (J&J Vision).
The Middle-East and Africa Ophthalmology Devices Market report offers wide-range of scope:
• Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole • Know more about key areas of industry growth via detailed Segment-level analysis on basis of Application, disorders, device along with market size forecasts and y-o-y estimations • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics • Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
For more reports related to the Medical Devices Market:
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
