Insights on the Ophthalmology Devices Global Market to 2027 - Untapped Potential in Emerging Economies and Technological Advancements in Ophthalmic Devices Presents Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Sep 29, 2022--

The "Ophthalmology Devices Market Research Report by Devices (Diagnosis Devices, Surgical Devices, and Vision Care), Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Ophthalmology Devices Market size was estimated at USD 59.85 billion in 2021, USD 62.38 billion in 2022, and is projected to grow at a CAGR 4.39% to reach USD 77.49 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Ophthalmology Devices Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Ophthalmology Devices Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Ophthalmology Devices Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Ophthalmology Devices Market?

4. What is the competitive strategic window for opportunities in the Global Ophthalmology Devices Market?

5. What are the technology trends and regulatory frameworks in the Global Ophthalmology Devices Market?

6. What is the market share of the leading vendors in the Global Ophthalmology Devices Market?

7. What modes and strategic moves are considered suitable for entering the Global Ophthalmology Devices Market?

Market Dynamics

Drivers

• Growing Geriatric Population and Prevalence of Eye Diseases
• Rise in Awareness Related to Devices Used in the Field of Ophthalmology
• Government Initiatives to Control Visual Impairment, and the Rising Adoption of Contact Lenses and Spectacles

Restraints

• High Cost of Ophthalmology Devices

Opportunities

• Untapped Potential in Emerging Economies
• Technological Advancements in Ophthalmic Devices

Challenges

• Lack of Awareness, Low Access to Eyecare in Low Income Countries

Companies Mentioned

• Alcon, Inc.
• Bausch & Lomb, Inc.
• Canon Inc
• Carl Zeiss Meditec AG
• Essilor International S.A
• EssilorLuxottica SA
• Glaukos Corp
• Haag-Streit Holding
• HEINE Optotechnik
• Hoya Corporation
• Johnson & Johnson Vision Care, Inc.
• Nidek Co. Ltd
• STAAR Surgical Company
• Topcon Corporation
• Ziemer Ophthalmic Systems AG

For more information about this report visit https://www.researchandmarkets.com/r/84yhaw

View source version on businesswire.com:https://www.businesswire.com/news/home/20220929005472/en/

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KEYWORD:

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH

SOURCE: Research and Markets

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