Here are seven takeaways:
1. By 2025, the market is expected to reach nearly $3.66 billion.
2. The ophthalmic diagnostic equipment market is anticipated to increase at a compound annual growth rate of 5.4 percent from 2015 to 2025.
3. Rising prevalence of eye-related disorders is spurring market growth.
4. Other market drivers include a rapidly aging population and more government initiatives geared toward establishing healthcare infrastructure in developing countries.
5. In 2014, North America held a 31.1 percent market share.
6. Asia and Latin America are projected to grow at a CAGR of 5.9 percent and 5.7 percent to 2025, respectively.
7. Market players include TOPCORN, Carl Zeiss Vision, Ellex, Quantel Medical. NIDEK, HAAG-STREIT, Halma, Coburn Technologies and Kowa.
More healthcare news:
Olympus under fire: Internal emails reveal US execs told not to issue warning about possible fatal scope infection — 10 takeaways
Propofol as effective as traditional anesthesia in GI/endoscopy procedures: 4 key insights
Small mergers to likely flood the marketplace following DOJ lawsuit against payer megamergers: 5 things to know
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
