Europe is expected to account the second largest share in the market due increasing R&D investments for the development of new products. Ophthalmic devices are the technology based devices which are used for the diagnosis of any defect in human visual pathway. The main cause of the defect may be any eye related infection, disorder or can be congenital. Many new developed and easy-to-use ophthalmic devices are helping the patients globally. The ophthalmic devices market is predicted to witness a significant growth in near future owing to increased occurrence of an eye related disorders such as diabetic retinopathy, presbyopia, cataracts, macular degeneration, keratoconus and uveitis across the globe.
Europe Ophthalmic devices market is mainly driven by increasing geriatric population. As, aged people are more prone to developing eye-related disorders/conditions such as dry eye, glaucoma, promoting awareness about these disorders, continuous technological advancements in the field of medical technology for the development of novel products which have more efficacy and accuracy are boosting the market. High cost of ophthalmic devices, the lack of skilled professionals in the rural regions of developing countries are limiting the growth of the market.
Based on the Product Type, the market has been classified into surgical devices, monitoring and diagnostic devices, vision care. Based on devices, the market is segmented into Lenses, Glaucoma surgical devices, Ophthalmic Lasers, Cataract surgical devices, Iris retractors, lens clearing and disinfectant solutions and others. Based on End-users, the market is segmented into Hospitals, Eye care Clinics, Research Institutes, Others. Furthermore, based on Europe geography the market is segmented into various regions namely United Kingdom, Germany, France Italy and Spain.
Some of the Key Players of Europe ophthalmic devices market include Alcon Inc., Essilor International S.A., Johnson & Johnson, Abbott Medical Optics Inc., Bausch & Lomb, Inc., Haag-Streit AG, Topcon Corporation, Carl Zeiss Meditec AG, Nidek Co. Ltd., and Ziemer Ophthalmic Systems AG.
Market Segmentation Product Type Introduction Surgical Devices Monitoring and diagnostic devices vision care Y-o-Y Growth Analysis, By Product Type Market Attractiveness Analysis, By Product Type Market Share Analysis, By Product Type
Scope of the report: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment 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 An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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