Ophthalmic Devices Market Global Briefing 2017

Ophthalmic devices are an aid in the diagnosis, monitoring, surgery and treatment of various eye related diseases such as cataract, age-related macular degeneration, glaucoma, diabetic retinopathy, retinal detachment or tear, eye infections, dry eye syndrome and others. Companies in this ophthalmic device market engage in the manufacturing of a wide range of products such as contact lenses, glasses, intraocular lenses, diagnostics, retinal implants, stents, oculoplastics, lasers, surgical instruments and solutions.

Asia was the largest region in the ophthalmic devices market in 2016, accounting for around 34% of the market share. Americas was the second region in the ophthalmic devices market in 2016, accounting for around 33% of the market share. Europe was the third largest region in the ophthalmic devices market accounting for over 25% of the market share.

The use of robotic systems in the field of ophthalmology is increasing. Conventional ophthalmic surgeries are generally performed with a high magnification with a three-dimensional view through a surgical microscope and precise manipulations are made using delicate handheld instruments to minimize collateral damages. Robot-assisted surgeries are attractive in these cases and allow surgeons to perform complex eye operations with improved precision, amplified scale of motion, reduced tremor, task automation and flexibility. For instance, mechatronics and control laboratory and the Jules stein eye institute collaboratively developed intraocular robotic interventional and surgical system (IRISS) which is capable of performing both anterior and posterior segment intraocular surgery. This system consists of master surgical manipulators to manipulate two surgical instruments simultaneously through tiny ocular incisions and microscope mounted cameras for 3-D teloperated surgical visualization. Preceyes BV also developed PRECEYES Surgical System to perform robot-assisted operation inside the eye

Figure 1: Global Ophthalmic Devices Market, Historic Market Size, 2012-2016, $ Billion 7
Figure 2: Global Ophthalmic Devices Market, Forecast Market Size, 2016-2020, $ Billion 8
Figure 3: Global Ophthalmic Devices Market, Split By Segments, 2016, $ Billion 9
Figure 4: Global Ophthalmic Devices Market, Split By Region, 2016, $ Billion 11
Figure 5: Global Ophthalmic Devices Market, Historic and Forecast Growth, Split By Region, 2012 – 2020 13
Figure 6: Global Ophthalmic Devices Market, Split By Country, 2016, $ Billion 14
Figure 7: Global Ophthalmic Devices Market, Historic and Forecast Growth Rate, Split By Country, 2012 – 2020 16
Figure 8: Global Opthalmic Devices Market, Key Competitor Estimated Market Shares, 2016, Percentage(%) 18