![Global Ophthalmic Devices Market](https://res.cloudinary.com/devmoveo/image/upload/v1705066209/skyquest/report/php7wIaNG.jpg)
Report ID: SQSG35A2037
Report ID:
SQSG35A2037 |
Region:
Global |
Published Date: April, 2024
Pages:
260
|
Tables:
61 |
Figures:
75
North America controlled a sizeable 43% of the market in 2021. Excessive impact key drivers for the market are likely to include the constantly expanding senior population and the increased prevalence of chronic eye issues as a result of strong stress and poor lifestyles leading to diabetic retinopathy. The market for ophthalmic devices in this area is also expected to be driven by the adoption of new reimbursement models for ophthalmologic therapy and a strict regulatory environment designed to ensure patient safety.
Due to its quickly developing medical infrastructure, growing occurrence of eye diseases like glaucoma, and increased patient awareness of it, the Asia Pacific market is predicted to grow at the quickest CAGR throughout the projected timeline. The growth can be ascribed to significant market participants like Alcon, Inc. boosting their outsourcing efforts for ophthalmology devices.
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REQUEST FREE CUSTOMIZATIONOphthalmic Devices Market size was valued at USD 5 billion in 2019 and is poised to grow from USD 5.25 billion in 2023 to USD 8.14 billion by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).
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Report ID: SQSG35A2037