Ophthalmology diagnostics & surgical devices market to hit $4B by 2019 — 6 things to know

A Transparency Market Research report found the ophthalmology diagnostics and surgical devices market will grow substantially through the end of 2019.

Here are six things to know:

1. By 2019, the market will likely reach $4.04 billion.

2. Report analysts expect the market to increase at a 6.6 percent compound annual growth rate from 2013 through 2019.

3. The market totaled $2.6 billion in 2012.

4. Technological advances and demand for new treatments are fueling market expansion.

5. Market growth has been booming over the past decade, in part due to the rise in minimally invasive procedures and new diagnostic technologies.

6. North America and Europe have triumphed in this sector due to highly-skilled ophthalmology providers and technology innovation in these regions.

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