Here are four key trends:
1. The market’s main players include Abbott Laboratories, Carl Zeiss Meditech, Alcon, Allergan, Johnson & Johnson, Haag Streit, Bausch & Lomb, Essilor International, Topcon, NIDEK and STAAR Surgical.
2. These companies have fared well in the market due to various mergers and acquisitions, partnerships, joint ventures and agreements that have expanded their marketplace presence.
3. Factors spurring market growth include an increasing aging population, more emphasis on combining drug therapies, higher prevalence of ocular disorders and changing geographic trends and demographics.
4. Economic slowdown and saturation are barriers to market growth.
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