Precision Business Insights has published a report on the global ophthalmology market, estimating its value at USD 48 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/ophthalmology-market
The ophthalmology market refers to the global industry that diagnoses, treats, and manages eye ailments and illnesses. It provides a diverse variety of products and services, including surgical gadgets, diagnostic tools, medications, and vision care items. Ophthalmologists play an important role in this industry, providing anything from simple eye exams to sophisticated procedures for problems such as cataracts, glaucoma, macular degeneration, and diabetic retinopathy.
Drivers:
· Increasing cases of myopia, diabetic retinopathy, and glaucoma globally.
· Expansion of eye care infrastructure in emerging markets and rising disposable incomes.
The global ophthalmology market segmentation:
1) By Products: Device, Drugs, and Others
2) By Diseases: Cataract, Refractive Disorders, Glaucoma, Age-Related Macular Degeneration, Inflammatory Diseases, and Others
3) By End User: Clinics, Hospitals, Home Healthcare, and Others
4) By Distribution Channel: Retail Sales, Direct Tender, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the ophthalmology market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the ophthalmology market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Alcon, Bausch & Lomb, Carl Zeiss Meditec, Hoya Corporation, Johnson & Johnson Services, Inc., Essilor International, Topcon Corporation, Glaukos Corporation, Haag-Streit Group, Nidek Co., Ltd., Staar Surgical, Ziemer Ophthalmic Systems AG, Cooper Companies, Lumenis Be Ltd., Reichert Inc., Bayer AG, Novartis AG, AbbVie Inc., F. Hoffmann-La Roche Ltd., Dompé, Santen Pharmaceutical Co., Ltd
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