Monday, 21 July 2014

New Research Global Ophthalmic Diagnostic Devices Market Report 2014-2018


An ophthalmic diagnostic device is a medical device used to identify a defect or deficiency in the human visual pathway. Ophthalmic devices are used in patients with ophthalmic disorders such as presbyopia, cataracts, glaucoma, retinal disorders, conjunctivitis, and dry eyes. An eye-related problem may be the result of an infection or may be congenital. Ophthalmologists and other eye care professionals use ophthalmic devices to diagnose and treat these disorders. Continuous advances in technology have been made in ophthalmic devices to achieve efficient diagnosis and treatment. Ophthalmic devices play a major role in avoiding vision loss and improving the quality of life of patients. Maintenance of vision is important as eyes are a vital sensory organ.

Analysts forecast the Global Ophthalmic Diagnostic Devices market will grow at a CAGR of 4.75 percent over the period 2013-2018.

The minimally invasive procedure, Laser Vision Correction, popularly called LASIK, has become extremely popular in the Healthcare industry. In the US alone, about 19 million LASIK surgeries were performed in 2012. LASIK is commonly used for the improvement of myopia, hypermetropia, and astigmatism. LASIK has gained in popularity not only because this surgery is relatively painless, but also because it requires minimal hospitalization

Covered in this Report
The report covers the present scenario and the growth prospects of the Global Ophthalmic Diagnostic Devices market for the period 2014-2018. To calculate the market size, the report considers revenue generated from various devices used for ophthalmic diagnostics, which include:
  • Refractors
  • Corneal Topography Systems
  • Retinal Ultrasound Systems
  • Fundus Camera
  • Ophthalmoscopes
  • Optical Coherence Tomography Systems
  • Perimeters
  • Slit Lamps
  • Tonometers

Global Ophthalmic Diagnostic Devices Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Ophthalmic Diagnostic Devices market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers in the market is the growing incidence of ophthalmic diseases such as cataract, glaucoma, and retinal disorders. According to the WHO, it is estimated that around 20 million people suffered from cataracts in 2010. According to the American Academy of Ophthalmology in 2011, approximately 2.3 million Americans aged 40 and older were affected by glaucoma and more than 2 million Americans age 50 and older had advanced age-related macular degeneration.

Further, the report states that the growth of the Global Ophthalmic Diagnostic Devices market is inhibited by some serious challenges. One of the major challenges in the market is the lack of awareness about ophthalmic disorders. According to the WHO, in 2010 nearly 45 million people were blind, globally, because of the poor access to care and an unawareness of the disorders.