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Most In-Demand Recent Reports on Ophthalmology Market

10 Feb 2021 • by Natalie Aster

LONDON – Market Publishers is glad to inform that a large number of comprehensive research studies featuring various sectors of the ophthalmology market have been recently added to our website. Here is a selection of the four most popular research reports falling under the ophthalmology category recently published at MarketPublishers.com:

Contact Lens Market 

The world’s contact lens market is slated to grow at a 7% CAGR between 2020 and 2024, encouraged by the increasing spending on eyewear products by population, rising prevalence of myopia, rapid urbanization, improving consumer confidence index, and rising personal disposable income. In the year 2024, the value of the global contact lens market is predicted to reach USD 9.92 billion. Americas are poised to emerge as the fastest0growing regional market for contact lens through 2024, majorly owing to the increasing awareness of advanced contact lenses, an uptake in online sales channels, and growing disposable income in the region…

Dry Eye Disease Market 

The world’s dry eye disease market is anticipated to reach USD 4.28 billion in value terms in the year 2024, registering healthy modest growth at a CAGR of 5.23% over 2020-2024. The factors such as the increasing geriatric population, the escalating burden of diabetes, rising healthcare expenditures, surging prevalence of arthritis, and growing air pollution are projected to act as the key market growth engines in the next 4 years. Besides, the soaring popularity of contact lenses, rising number of laser eye surgeries, technological advancements, and promising pipeline products are also expected to create lucrative growth opportunities for the global dry eye disease market in the years ahead…

Ophthalmic Drugs Market 

The world’s ophthalmic drugs market is anticipated to reach the value of USD 60.3 billion by the year 2028, registering healthy growth at a 6.4% CAGR in the coming years. Such factors as the increasing prevalence of eye-related disorders (for instance, presbyopia, macular degeneration, and diabetic retinopathy), rising investments in clinical R&D, and the introduction of novel treatments for eye diseases are expected to act as the major market growth engines in the years ahead. the eye drops segment is estimated to exhibit the highest CAGR over the forecast period due to anticipated launches of several ophthalmic solutions and suspensions in the near future…

Ophthalmic Handheld Surgical Instruments Market

The global ophthalmic handheld surgical instruments market is slated to demonstrate healthy growth at a 4.8% CAGR during 2021-2027 to reach the value of USD 3 billion by the end of the forecast period. The increasing prevalence of different ocular disorders (such as glaucoma, cataract, refractive errors, etc.) and the high adoption of advanced surgical instruments are expected to act as the major market growth engines in the years to come. The rising patient preference for treatment methods that provide both long-term and immediate relief from symptoms will also add to the market growth. Besides, the growing number of favourable initiatives undertaken by various governments and NGOs to conduct awareness programs and surgical outreach camps is anticipated to support the market growth. The scissors segment is projected to register the highest CAGR during the forecast period, whilst the ophthalmic knives segment will account for the largest market revenue share…

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