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(Medical-NewsWire.com, July 28, 2017 ) The Ophthalmology devices industry is a key growth area in the medical world with an increasing demand for solutions to improve the lives of millions of people. The increasing prevalence of aging population and various ocular diseases has created tremendous opportunities in the global ophthalmic devices market that include cataract, refractive, glaucoma surgical devices and so on. The growth is likely is sustain in the near future with the increasing awareness among individuals and rapid approvals.
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Ophthalmology is the branch of medicine that deals with diseases that are related to eyes, anatomy and physiology. Ophthalmology devices include surgical devices which are used primarily for treating conditions relating to eye. The ophthalmology devices are a tremendous help in optimising the treatment process for eyes making it more convenient for both ophthalmologist and patients.
Medical device market has witnessed the emergence of ophthalmology devices as one of the leading segment in the market. The market is primarily driven by the rising prevalence of eye diseases with increasing aging population and advancement in ophthalmology devices. The growth is also attributed to the rising expenditure on healthcare, government investments in healthcare and continuous developments and innovations in the medical field. However, factors like lack of healthcare insurance in many developing countries, lack of knowledge about diseases like glaucoma among individuals and poor infrastructure are some of the factors restraining the growth of the market.
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Latin America Ophthalmology Devices Market: Segmentation
By Application
Diagnostics & Monitoring devices
Surgery Devices
Vision Care Devices
By Disorders
Cataract
Glaucoma
Refractor disorders
Vitreo retinal disorder
By Device
Canaloplasty devices
Computerized Field Analyser
The leading companies in the ophthalmology device industry include 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.
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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
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