Ophthalmic Devices Market Growth PPT

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Ophthalmic Devices Market to Reach 44.86 Bn,
Globally, by 2027 at 4.0 CAGR
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Increase in adoption of digital devices in health
care sector and technological advancement in the
ophthalmic devices drive the global ophthalmic
devices market According to the report, the
global ophthalmic devices market garnered 32.53
billion in 2019, and is estimated to reach 44.86
billion by 2027, registering a CAGR of 4.0 from
2020 to 2027. Request Sample Report
at https//www.alliedmarketresearch.com/request-s
ample/2046
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The vision care segment to maintain its lead
status- Based on product function, the vision
care segment accounted for nearly half of the
global ophthalmic devices market in 2019, and is
expected to maintain its lead status in terms of
revenue throughout the forecast period. This is
due to rise in trend of contact lenses and
increase in number of patient with vision
corrections. However, the diagnostic devices
segment is estimated to portray the highest CAGR
of 4.7 from 2020 to 2027. The changing consumer
preference from traditional and manually operated
refractors to auto-refractors drives the growth
of the segment.
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North America is anticipated to dominate the
market by 2027- Based on region, North
America accounted for the highest share based on
revenue, holding for nearly two-fifths of the
global ophthalmic devices market in 2019, and is
projected to maintain its dominant position
throughout the forecast period. This is due to
rise in number of blindness and low vision in the
U.S. Moreover, Asia-Pacific region is estimated
to generate the fastest CAGR of 4.5 from 2020 to
2027. This is attributed to the presence of high
population base, increase in disposable income,
and improvement in patient awareness about
advanced ophthalmic devices in this region. For
Purchase Enquiry at https//www.alliedmarketresea
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• Leading market players-
• Abbott Laboratories
• Novartis AG
• Carl Zeiss Meditec AG
• Essilor International S.A.
• HAAG-Streit Holding AG
• Johnson Johnson
• Nidek Co., Ltd.
• Topcon Corporation
• Valeant Pharmaceuticals International, Inc.
• Ziemer Ophthalmic Systems AG.
• https//www.alliedmarketresearch.com/press-release
  /ophthalmic-devices-market.html

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