Latin America Ophthalmology Devices Industry value to hit .47 Bn by 2021
Posted by MDFtrends on October 23rd, 2017
According to the report Latin America Ophthalmology Devices Industry, published by Market Data Forecast, The Latin Industry in 2016 is a .45 billion Industry and is forecasted to reach .47 Billion by the year 2021 with a significant growth rate of 5.3% in the forecast period.
The Ophthalmology devices industry is a key growth area in the medical world with an increasing demand for solutions to improve the lives of millions of people. The increasing prevalence of aging population and various ocular diseases has created tremendous opportunities in the global ophthalmic devices Industry that include cataract, refractive, glaucoma surgical devices and so on. The growth is likely is sustain in the near future with the increasing awareness among individuals and rapid approvals.
Browse Market data tables and in-depth TOC of the Latin America Ophthalmology Devices Industry to 2021 @ http://www.marketdataforecast.com/market-reports/latin-america-ophthalmology-devices-market-463/
Ophthalmology is the branch of medicine that deals with diseases that are related to eyes, anatomy and physiology. Ophthalmology devices include surgical devices which are used primarily for treating conditions relating to eye. The ophthalmology devices are a tremendous help in optimising the treatment process for eyes making it more convenient for both ophthalmologist and patients.
Medical device Industry has witnessed the emergence of ophthalmology devices as one of the leading segment in the Industry. The Industry is primarily driven by the rising prevalence of eye diseases with increasing aging population and advancement in ophthalmology devices. The growth is also attributed to the rising expenditure on healthcare, government investments in healthcare and continuous developments and innovations in the medical field. However, factors like lack of healthcare insurance in many developing countries, lack of knowledge about diseases like glaucoma among individuals and poor infrastructure are some of the factors restraining the growth of the Industry.
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The Latin America ophthalmology device Industry is studied under various segments based on the disorders, applications and devices. Based on application, the Industry is categorised as surgery, vision care and diagnostics & monitoring devices. By type of disorders, the Industry is analysed under Cataract, Vitero retinal, refractor disorder and glaucoma. On the basis of devices, the Industry is segmented as canaloplasty device and computerised field analyser. Based on geography, Asia-Pacific Industry is segmented as Brazil, Mexico and Argentina.
The leading companies in the ophthalmology device industry include Johnson & Johnson, Abbott Medical Optics Inc., Carl Zeiss Meditec, Hoya Corporation, Essilor International, Alcon Inc., Topcon Corporation, HAAG-Streit Group, Ziemer Ophthalmic System, Bausch and Lomb Inc. and Nidek CO Ltd.
Key Points from Table of Contents
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Latin America Ophthalmology Devices Industry: Segmentation
Industry Leaders' Analysis
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