IQ4I Research & Consultancy Published a New Report on "Ophthalmology Devices Global Market"

Boston, MA, July 08, 2015 --(PR.com)-- The global Ophthalmology devices market is expected to reach $42.0 billion by 2021. This report analyzes the ophthalmology devices market in terms of market revenue ($ million) for all segments. The market analysis is performed by Products (Diagnostics, Surgical and Vision Care), Applications (Cataract, Glaucoma, Age related macular degeneration, Diabetic Retinopathy and Others), End-user (Hospitals, Academic & Research Institutes and Others) and Regional markets (North America, Europe, Asia- pacific and Rest of the World)

The ophthalmology devices market is anticipated to have a noteworthy growth in future as healthy vision plays a major role in our life. The market trend has improved due to introduction of smartphone apps for diagnosis and technological advancements in devices for treatment of eye disorders. Moreover, emphasis on healthcare technology for early detection and accurate diagnosis of degenerative eye diseases, increasing usage of devices in research applications, growth in minimally invasive surgeries, high usage of hand-held devices, increasing government investments and funding for research are some of the factors driving the ophthalmology devices market growth. Whereas, stringent government regulations, lack of skilled personnel to handle the highly advanced devices, and high cost of some of the potential countervailing factors are hampering the market growth.

North America accounted for the largest share in 2014. High investments in healthcare infrastructures and demand for quality services in the market propelled the market growth in this region. However, Asia-pacific region is expected to grow at the highest CAGR during the forecast period due to increased healthcare awareness, improved economic growth and increasing government funds. Significant mergers and acquisitions, collaborations, joint ventures are some of the industry trends that are playing a major role for the market growth.

Major players in ophthalmology devices market include Abbott Medical Optics, Inc (U.S.), Alcon laboratories, Inc (U.S.), Bausch & Lomb, Inc (U.S.), Carl Zeiss (Germany), Essilor International SA (France), Haag-Streit Holdings AG (Switzerland), Hoya Corporation (Japan), Johnson & Johnson (U.S.), Nidek Co. Ltd (Japan), STAAR Surgical (U.S.) and Topcon Corporation (Japan). Essilor International SA is a dominant player with a share of XX%, followed by Alcon laboratories, Inc., Hoya Corporation, Bausch & Lomb, Inc., and Carl Zeiss.

Reasons for buying this report:
· Market assessment of all segments and sub segments of Ophthalmology market
· In-depth market sizing analysis of various segments and sub segments of Products, Applications, End-Users and Regional markets
· Regulatory scenario across the globe
· Latest and Upcoming Products
· Patent Trends
· Market share analysis of key players
· Major player profiles and their competitive landscaping