Global ophthalmology devices market to reach $18.28B: 5 takeaways

The global ophthalmology devices market is projected to experience substantial growth through 2018, according to a Transparency Market Research report.

Here are five takeaways:

1. In 2011, the market was valued at $12.92 billion.

2. The market is expected to reach $18.28 billion by 2018.

3. Healthcare infrastructure advancements and an increasing aging population will spur market growth.

4. In 2011, the North America ophthalmology devices market held a 33 percent market share. Europe currently holds the second position in the market, with Asia Pacific trailing behind.

5. Key vendors include Essilor, Johnson and Johnson Vision Care, Hoya, Abbott Medical Optics, Nidek, Topcon, Alcon, Carl Zeiss, Canon, CooperVision and Bausch and Lomb.

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