The Ophthalmic Devices Market To Grow Seamlessly Between 2021

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The Ophthalmic Devices Market To Grow Seamlessly
Between 2021
Report Id PMRREP3188 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market

• Globally, the ophthalmic devices market is
  witnessing significant growth due to increasing
  prevalence of eye disorders, such as diabetic
  retinopathy and macular degeneration. In
  addition, growing global aging population,
  increasing government initiatives towards
  healthcare infrastructure in developing
  countries, and increasing incidence of
  lifestyle-associated diseases are also driving
  the growth of the market.
• However, lack of awareness among people about eye
  disorders, poor primary healthcare
  infrastructure, and lack of insurance in
  developing countries hamper growth of the global
  ophthalmic devices market. In addition, eye
  diseases in children are also increasing due to
  the general lack of awareness.
• The global ophthalmic devices market is
  anticipated to grow from an estimated USD
  29,171.5 million in 2014 to USD 42,685.1 million
  in 2020 at a CAGR of 6.5 during the forecast
  period.
• Age-related eye diseases, such as glaucoma,
  cataract, diabetic retinopathy, and age-related
  macular degeneration, are the leading causes of
  visual impairment and blindness in North America.
  According to the American Academy of
  Ophthalmology, approximately 22 million Americans
  aged 40 and above were affected by cataract and
  2.3 million Americans were affected by glaucoma
  in 2011.

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