Ophthalmic Viscosurgical Devices Market based Cataract surgery sector to grow at 12.6% CAGR from 2016 to 2024

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Ophthalmic Viscosurgical Devices Market share to
hit 790mn by 2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Ophthalmic Viscosurgical Devices
Market

• According to Global Market Insights, Inc.,
  Ophthalmic Viscosurgical Devices Industry worth
  more than USD 280 million in 2015, is set to
  cross a revenue of USD 790 million by 2014,
  increasing exponentially at a CAGR of 10 over
  2016-2024.
• With the rising global elderly population,
  vulnerable to myriad ocular conditions,
  ophthalmic viscosurgical devices industry is all
  set to witness a humongous surge over the coming
  years.
• One of the principal reasons of recurring eye
  diseases is the lack of periodic eye checkups,
  which contributes to delayed disease detection.
• With cataract touted to be one of the major
  causes of blindness worldwide, accurate diagnosis
  becomes a mandate in order to commence the
  correct treatment.
• The trend of timely screening and treatment and
  the eventual rise in the number of surgical
  procedures will propel ophthalmic viscosurgical
  devices market in cataract surgery.

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Continued

• This application segment is projected to grow at
  a CAGR of more than 12.6 over 2016-2024, having
  accounted for more than 49 of the overall
  revenue in 2015.
• The U.S. holds a record of more than 10 million
  cataract procedures being performed annually,
  which will stimulate business growth.
• An ever-growing geriatric population highly prone
  to ocular conditions such as glaucoma, high
  myopia, cataract, diabetic retinopathy, and
  retinochoroidal degeneration will propel Japan
  ophthalmic viscosurgical devices market.
• Vitreoretinal surgery is one of the key
  application segments of ophthalmic viscosurgical
  devices industry. This procedure helps enhance
  vision for ocular conditions such as diabetic
  vitreous haemorrhage, macular degeneration, and
  diabetic retinopathy.
• Worldwide ophthalmic viscosurgical devices
  industry is fiercely competitive and ruled by
  established giants such as Carl-Zeiss, Abbott
  Medical Optics, Alcon, and Bausch Lomb, who
  collectively held more than 50 of industry
  revenue in 2015.

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U.S. Ophthalmic Viscosurgical Devices Market
Size, By Application, 2012-2024 (USD Million)

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Table of Contents
Chapter 1. Methodology and Scope 1.1
Research Methodology 1.1.1
Initial data exploration 1.1.2 Statistical
model and forecast 1.1.3 Industry insights
and validation 1.1.4 Research scope and
assumptions 1.2 Data
Sources 1.2.1 Primary Sources 1.2.2
Secondary Sources Chapter 2. Executive
Summary 2.1 Ophthalmic viscosurgical devices
industry 3600 synopsis, 2012 - 2024 2.1.1
Business trends 2.1.2 Product trends 2.1.3
Application trends 2.1.4 Regional
trends Chapter 3. Ophthalmic Viscosurgical
Devices Industry Insights 3.1 Industry
segmentation 3.2 Industry size forecast, 2012
- 2024 3.3 Industry impact forces
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Continued
3.3.1. Growth drivers 3.3.1.1 Rapidly
growing geriatric population 3.3.1.2
Increasing incidence of ophthalmic and ocular
conditions 3.3.1.3 Expanding base of
diabetic patients 3.3.1.4 Technological
innovations in intraocular lenses (IOLs) 3.3.2.
Industry pitfalls challenges 3.3.2.1 Lack
of awareness leading to lower diagnosis rate
3.3.2.2 Shortage of trained ophthalmologists
3.4 Growth potential analysis 3.5 Industry
ecosystem 3.6 Reimbursement scenario 3.6.1
U.S. 3.6.2 Europe 3.6.3 China 3.7 Company
market share analysis, 2015 3.7.1 Strategy
dashboard 3.8 Porters analysis 3.9 PESTEL
analysis
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