The size of the Ophthalmology Device Market in North America is projected at USD 15.75 Billion in 2019 and is estimated to reach USD 20.2 Billion markets by 2024 with a compound annual growth rate (CAGR) of 5.1%.
Currently, the ophthalmology device market is a key growth area in the medical device market with a rising demand for solutions, improving the lives of millions of people. The growth rate is likely to sustain in the years to come with the rising prevalence of various ocular diseases and the aging population. With the introduction of cataracts, glaucoma, refractive surgical devices among others have heaped tremendous opportunities in the future market.
Ophthalmology is the branch of medicine that deals with diseases that are related to eyes, anatomy, and physiology. Ophthalmology devices include surgical devices that are used primarily for treating conditions relating to the eye. The ophthalmology devices are a tremendous help in optimizing the treatment process for eyes making it more convenient for both ophthalmologists and patients.
Recent years have witnessed the emergence of the Ophthalmology device market owing to the rising eye-related health conditions, advancements in technology and the increasing aging population. The market is also driven by the factors that include increasing expenditure on healthcare spending, rising government expenditure and developments in healthcare medical devices.
However, the growth of the market is restricted by a few restraints which include lack of awareness regarding diseases like glaucoma, lack of healthcare insurance in developing countries and poor infrastructure.
This research report segmented and sub-segmented into the following categories:
Companies playing a dominant role in the North America Ophthalmology Device Market profiled in this report are 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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Application
5.1.1 Diagnostics & Monitoring devices
5.1.2 Surgery Devices
5.1.3 Vision Care Devices
5.2 By Disorders
5.2.1 Cataract
5.2.2 Glaucoma
5.2.3 Refractor disorders
5.2.4 Vitreo retinal disorder
5.3 By Device
5.3.1 Canaloplasty devices
5.3.2 Computerized Field Analyser
6. Geographical Analysis
6.1 Introduction
6.2 United States
6.3 Canada
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Johnson & Johnson
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Alcon Inc.,
8.3 Abbott Medical Optics Inc.
8.4 Essilor International
8.5 Bausch and Lomb Inc.
8.6 Topcon Corporation
8.7 Nidek CO Ltd.
8.8 HAAG-Streit Group
8.9 Carl Zeiss Meditec
8.10 Hoya Corporation
8.11 Ziemer Ophthalmic System
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
Aug 2019
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