Ophthalmology Devices Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024
- Published: Sep 2020
- Pages: 120
- SKU: IRTNTR43686
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The ophthalmology devices market size is expected to grow by USD 13.03 bn and record a CAGR of 3% during 2020-2024.
This post-pandemic global ophthalmology devices market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this ophthalmology devices market analysis report, key drivers such as increasing prevalence of ophthalmic diseases have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as , which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Ophthalmology Devices Market Size be in 2020?
Browse TOC and LoE with selected illustrations and example pages of Ophthalmology Devices Market
Who are the Key Vendors in the Ophthalmology Devices Market?
The ophthalmology devices market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:
- Alcon Inc.
- Allergan Plc
- Bausch Health Companies Inc.
- Carl Zeiss AG
- Danaher Corp.
- EssilorLuxottica Group
- HOYA Corp.
- Johnson & Johnson
- NIDEK Co. Ltd.
- The Cooper Companies Inc.
The ophthalmology devices market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This ophthalmology devices market report further entails segmentations by Product (Vision care, Ophthalmology surgical devices, and Ophthalmology diagnostic devices), Geographic Landscape (North America, Europe, Asia, and ROW), and End-user (hospitals and clinics, ASCs and physicians’ offices, and optical retailers). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
Which are the Key Regional Markets for Ophthalmology Devices Market?
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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the ophthalmology devices market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The technological advances in ophthalmology devices will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
36% of the market’s growth will originate from North America during the forecast period. US, Germany, China, France, India, and UK are the key markets for ophthalmology devices market in the region. This report provides estimations of the contribution of all regions to the growth of the ophthalmology devices market size.
What are the Key Factors Covered in this Ophthalmology Devices Market Report?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive ophthalmology devices market growth during the next five years
- Precise estimation of the ophthalmology devices market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the ophthalmology devices market industry across North America, Europe, Asia, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of ophthalmology devices market vendors
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Ophthalmology Devices Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
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Market growth 2020-2024 |
USD 13.03 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.55 |
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Regional analysis |
North America, Europe, Asia, and ROW |
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Performing market contribution |
North America at 36% |
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Key consumer countries |
US, Germany, China, France, India, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Alcon Inc., Allergan Plc, Bausch Health Companies Inc., Carl Zeiss AG, Danaher Corp., EssilorLuxottica Group, HOYA Corp., Johnson & Johnson, NIDEK Co. Ltd., and The Cooper Companies Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Germany
- China
- France
- India
- UK
- Increasing prevalence of ophthalmic diseases
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