The North American ophthalmology cataract surgery devices market is estimated to grow rapidly over the next few years, according to new analysis by Reportbuyer.
Here are five trends:
1. The market is expected to grow at a compound annual growth rate of 7.8 percent from 2014 to 2019.
2. The increasing strategic expansion of the companies and continuous rise in the aging population will drive the growth of this market.
3. However, the economic slowdown and saturation of the market are some factors limiting the growth.
4. The United States dominated the market in 2014 and accounted for a market share of 91.6 percent.
5. Key players in the market include Abbott Laboratories, Alcon, Allergan and Bausch & Lomb.