Ophthalmology Devices Global Market - Forecast to 2021
Publishing Date : | September, 2015 |
Report Code : | HCMD 0116 |
Price: |
Single license $4,500
Site license $6,300 Global license $9,000 |
Ophthalmology is a segment of medical science associated with study of anatomy, physiology, diseases of human eye, and developing various therapeutic methods to treat eye diseases. Some of the major eye diseases are either age-related or caused due to chronic disorders. They include various degenerative eye diseases like macular degeneration, cataract, ocular hypertension (glaucoma), and refractive errors among others. Revolution in the field of medical science has led to the rapid development of ophthalmology devices that are invented to effectively treat ocular defects and disorders.
Ophthalmology devices market is segmented on the basis of products type as diagnostic devices, surgical devices and vision care. Based on the applications the ophthalmology devices market is segmented into cataract, glaucoma, age-related macular degeneration, diabetes retinopathy and others (refractive errors, amblyopia, and strabismus). End-users are segmented into hospitals, academic and research laboratories, and others (private eye clinic and vision care outlets).
The global ophthalmology devices market is expected to grow at a mid range single digit CAGR. The global Ophthalmology devices market is expected to reach $42.0 billion by 2021. Increasing incidence of degenerative diseases of eyes, increasing baby boomer population, increase in R&D activities in ophthalmology key players and extensive use of high-end technologies involving use of software and computer aided devices and platforms in ophthalmology drives the market of ophthalmology devices market. Lack of ophthalmologists, economic slowdown and saturation of the market in developed countries are the factors hampering the market growth.
Lifestyle changes owing to increase in ocular cancer, diabetes and macular degeneration patients, early diagnosis and treatment of diseases, advancement of technology with its wide application areas shows that ophthalmology devices market has vast opportunities in the coming years.
North America accounts for the highest market share followed by Europe. Steep rise in ageing population, increase in minimally invasive surgeries and favourable government policies makes U.S. the leader of ophthalmology devices market. However, Asian countries especially India and China’s are the fast growing regions with its growing demand for ophthalmology devices and increasing research investments.
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 (U.S.), Haag-Streit Holding AG (Switzerland), Hoya Corporation (Japan), Nidek Co. Ltd (Japan), STAAR Surgicals (U.S.) and Topcon Corporation (Japan).
The report provides an in depth market analysis of the above mentioned segments across the following regions:
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
- 1  Executive summary
- 2 Introduction
- 2.1 Key Take-Aways
- 2.2 Report Description
- 2.3 Markets Covered
- 2.4 Stakeholders
- 2.5 Research Methodology
- 2.5.1 Market Size Estimation
- 2.5.2 Market Breakdown & Data Trangulation
- 2.5.3 Secondary Sources
- 2.5.4 Key Data Points from Secondary Sources
- 2.5.5 Primary Sources
- 2.5.6 Key Data Points from Primary Sources
- 2.5.7 Assumptions
- 3 Market Analysis
- 3.1 Introduction
- 3.2 Market Segmentation
- 3.3 Factors influencing market
- 3.3.1 Drivers & Opportunities
- 3.3.1.1 Increasing baby boomer population and incidence of degenerative diseases of eyes
- 3.3.1.2 Increase in R&D activities by ophthalmology key players
- 3.3.1.3 Extensive use of high-end technologies involving use of software and computer aided devices and platforms
- 3.3.1.4 Untapped emerging markets
- 3.3.1.5 Development of minimal invasive surgery
- 3.3.2 Restraints
- 3.3.2.1 Lack of ophthalmologists
- 3.3.2.2 Economic slowdown and saturation of the market in developed countries
- 3.3.2.3 Reimbursement cuts
- 3.3.3 Threats
- 3.3.3.1 Intensified competition
- 3.3.4 Challenges
- 3.3.4.1 Lack of insurance coverage in developing countries and insufficient coverage for IOLs in developed countries
- 3.3.4.2 Extended timelines of device approval
- 3.4 Regulatory affairs
- 3.4.1 U.S.
- 3.4.2 Europe
- 3.4.3 China
- 3.4.4 India
- 3.4.5 Japan
- 3.5 Reimbursement Scenario
- 3.5.1 Reimbursement table
- 3.6 Patent trends
- 3.7 Technology advancements
- 3.8 Upcoming technologies
- 3.9 Porter's Five Force Analysis
- 3.9.1 Threat of new entrants
- 3.9.2 Threat of substitutes
- 3.9.3 Rivalry among existing competitors
- 3.9.4 Bargaining power of suppliers
- 3.9.5 Bargaining power of buyers
- 3.10 Market share analysis by major players
- 4 Global Ophthalmology devices market, by products
- 4.1 Introduction
- 4.1.1 Global ophthalmology diagnostic devices by product types
- 4.1.1.1 Autorefractors
- 4.1.1.2 Slit lamp
- 4.1.1.3 Tonometer
- 4.1.1.4 Ophthalmoscope
- 4.1.1.5 Keratometer
- 4.1.1.6 Corneal topographer
- 4.1.1.7 Optical coherence tomography
- 4.1.1.8 Fundus camera
- 4.1.1.8.1 Non-mydriatic fundus cameras
- 4.1.1.8.2 Mydriatic fundus cameras
- 4.1.1.8.3 Hybrid fundus cameras
- 4.1.1.8.4 Retinopathy of prematurity (ROP)
- 4.1.1.9 Ophthalmic ultrasound imaging system
- 4.1.1.10 Retinoscope
- 4.1.1.11 Perimeter
- 4.1.1.12 Pachymeter
- 4.1.1.13 Others
- 4.1.1.13.1 Snellen chart
- 4.1.1.13.2 Amsler grid eye test
- 4.1.1.13.3 Wavefront aberrometer
- 4.1.1.13.4 Point of care devices
- 4.1.2 Global ophthalmic surgical devices market
- 4.1.2.1 Introduction
- 4.1.2.2 Cataract surgery devices
- 4.1.2.2.1 Intraocular lens (IOL)
- 4.1.2.2.2 Phacoemulsification
- 4.1.2.2.3 OVDS (Ophthalmic Viscosurgical Devices)
- 4.1.2.2.4 YAG laser
- 4.1.2.3 Glaucoma surgery devices
- 4.1.2.3.1 Glaucoma lasers
- 4.1.2.3.2 Glaucoma surgery
- 4.1.2.3.3 Glaucoma implants
- 4.1.2.3.4 Glaucoma systems
- 4.1.2.4 Refractive error surgical devices
- 4.1.2.4.1 Photorefractive keratectomy (PRK)
- 4.1.2.4.2 Laser assisted sub-epithelium keratomileusis (LASEK)
- 4.1.2.4.3 Laser assisted insitu keratomileusis (LASIK)
- 4.1.2.4.4 Femtosecond laser
- 4.1.2.4.5 Epi-LASIK
- 4.1.2.4.6 Phakic intraocular lens (PIOLs)
- 4.1.2.5 Vitreoretinal surgical devices
- 4.1.2.5.1 Vitrectomy
- 4.1.2.5.2 Photocoagulation
- 4.1.2.5.3 Illumination
- 4.1.3 Global vision care devices
- 4.1.3.1 Introduction
- 4.1.3.2 Spectacle lenses
- 4.1.3.3 Contact lenses
- 5 Ophthalmology devices global market, by applications
- 5.1 Introduction
- 5.2 Cataract
- 5.3 Glaucoma
- 5.4 Age related macular degeneration
- 5.5 Diabetic retinopathy (DR)
- 5.6 Others (Refractive errors, amblyopia, strabismus)
- 6 Ophthalmology devices global market, by end-users
- 6.1 Introduction
- 6.2 Hospitals
- 6.3 Academic & Research laboratories
- 6.4 Others
- 7 Regional Market Analysis
- 7.1 Introduction
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.3 Europe
- 7.4 Asia Pacific
- 7.5 Rest of the World
- 8 Company developments
- 8.1 Introduction
- 8.2 New product launches
- 8.3 Agreements, partnerships, collaborations & joint ventures
- 8.4 Approvals
- 8.5 Mergers & acquisitions
- 9 Major companies
- 9.1 Abbott Laboratories
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Key Developments
- 9.1.5 Business Strategy
- 9.1.6 SWOT Analysis
- 9.2 Carl Zeiss AG
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Key Developments
- 9.2.5 Business Strategy
- 9.2.6 SWOT Analysis
- 9.3 Essilor International
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Key Developments
- 9.3.5 Business Strategy
- 9.3.6 SWOT Analysis
- 9.4 Haag-Streit holdings AG
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Key Developments
- 9.4.5 Business Strategy
- 9.4.6 SWOT Analysis
- 9.5 Hoya corporation
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Key Developments
- 9.5.5 Business Strategy
- 9.5.6 SWOT Analysis
- 9.6 Johnson & Johnson
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Key Developments
- 9.6.5 Business Strategy
- 9.6.6 SWOT Analysis
- 9.7 Nidek Co., Ltd
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Key Developments
- 9.7.5 Business Strategy
- 9.7.6 SWOT Analysis
- 9.8 Novartis AG
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Key Developments
- 9.8.5 Business Strategy
- 9.8.6 SWOT Analysis
- 9.9 STAAR surgical company
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Key Developments
- 9.9.5 Business Strategy
- 9.9.6 SWOT Analysis
- 9.10 Topcon corporation
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Key Developments
- 9.10.5 Business Strategy
- 9.10.6 SWOT Analysis
- 9.11 Valeant pharmaceuticals International Inc
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Key Developments
- 9.11.5 Business Strategy
- 9.11.6 SWOT Analysis