(Health-NewsWire.Net, May 26, 2017 ) The Asia-Pacific 'Ophthalmic Devices Market' research report, published by Market Data Forecast estimates that the market itself was worth $6.63 billion in 2016 and expected to grow at a CAGR of 6.90%, to reach $9.25 billion by 2021 with a cumulative growth rate of $2.92 billion in the span of five years.
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Ophthalmology is a branch of medicine dealing with the diagnosis, treatment and prevention of diseases of the eye and visual system. The eye, its surrounding structures and the visual system can be affected by a number of clinical conditions. Ophthalmology Market Device involves diagnosis and therapy of such conditions, along with microsurgery. The devices used by an ophthalmologist are ophthalmic devices and they include even spectacles, contact lenses, retinoscopes and surgical instruments like forceps and scalpels.
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The report also presents detailed analysis of multitude of factors affecting the endoscopy devices market bearing either positive or negative outcomes. Some of those factors are: Rise in geriatric population Increasing R&D investments Growing awareness over these disorders. Continuous technological advancements Development of devices with greater efficacy and accuracy High cost of ophthalmic devices Lack of skilled professionals in the rural regions of developing countries
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For granular level understanding the Ophthalmic Devices Market segmented based on product and application, each being provided with Market Size Estimates and Y-o-Y Forecasts. 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 and Others.
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The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. The market in this region has a positive growth outlook due to various factors like large population and rising healthcare needs, increased spending capabilities of consumers on healthcare, improving healthcare infrastructure, and increasing investments by leading players and respective government agencies in the region. Request Discount: http://www.marketdataforecast.com/market-reports/asia-pacific-ophthalmic-devices-market-1750/request-discount
Some of the companies operating in Asia-Pacific 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.
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The Asia-Pacific Ophthalmic Devices Market report offers wide-range of scope:
Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries Know more about key areas of industry growth via detailed Segment-level analysis on basis of product type long 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 Porters 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
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.
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