{"id":10751,"date":"2020-05-11T08:13:51","date_gmt":"2020-05-11T08:13:51","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2548466"},"modified":"2020-05-11T08:13:51","modified_gmt":"2020-05-11T08:13:51","slug":"pmr-ophthalmic-devices-market-to-register-cagr-6-5-increase-in-revenue-by-2020-end","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2020\/05\/11\/pmr-ophthalmic-devices-market-to-register-cagr-6-5-increase-in-revenue-by-2020-end\/","title":{"rendered":"PMR : Ophthalmic Devices Market to Register CAGR 6.5% Increase in Revenue by 2020 End"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"149\" height=\"90\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/05\/4027-1589184832.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<div class=\"entry-content\">\n<p>According to a new market report published by Persistence Market Research &ldquo;Global Market Study on&nbsp;<strong>Ophthalmic Devices<\/strong>: Asia to Witness Highest Growth by 2020,&rdquo; the global ophthalmic devices market was valued at USD 29,171.5 million in 2014 and is expected to grow at a&nbsp;<strong>CAGR of 6.5% from<\/strong>&nbsp;2014 to 2020, to reach an estimated value of&nbsp;<strong>USD 42,685.1 million<\/strong>&nbsp;in 2020.<\/p>\n<p>Globally, the ophthalmic devices market is witnessing significant growth due to increasing prevalence of eye disorders, such as diabetic retinopathy and macular degeneration. In addition, growing global aging population, increasing government initiatives towards healthcare infrastructure in developing countries, and increasing incidence of lifestyle-associated diseases are also driving the growth of the market.<\/p>\n<p><strong>Regions Covered In Report<\/strong><\/p>\n<ul>\n<li>North America (U.S., Canada)<\/li>\n<li>Latin America (Mexico, Brazil)<\/li>\n<li>Europe (Germany, Italy, France, U.K, Spain, Russia)<\/li>\n<li>East Asia (China, Japan, South Korea)<\/li>\n<li>South Asia (India, ASEAN)<\/li>\n<li>Oceania (Australia, New Zealand)<\/li>\n<li>Middle East and Africa (GCC Countries, South Africa, Northern Africa)<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Get Sample Copy of Report @&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/samples\/3188\">https:\/\/www.persistencemarketresearch.com\/samples\/3188<\/a><\/strong><\/p>\n<p><strong>Some of the major players in the global ophthalmic devices market:<\/strong><\/p>\n<ul>\n<li>Johnson &amp; Johnson.<\/li>\n<li>Essilor International.<\/li>\n<li>Bausch &amp; Lomb Incorporated.<\/li>\n<li>Novartis AG.<\/li>\n<li>HOYA CORPORATION.<\/li>\n<li>Abbott Laboratories, Inc.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Get To Know Methodology of Report @&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/methodology\/3188\">https:\/\/www.persistencemarketresearch.com\/methodology\/3188<\/a><\/strong><\/p>\n<p>However, lack of awareness among people about eye disorders, poor primary healthcare infrastructure, and lack of insurance in developing countries hamper growth of the global ophthalmic devices market. In addition, eye diseases in children are also increasing due to the general lack of awareness.<\/p>\n<p>The global ophthalmic devices market is anticipated to grow from an estimated USD 29,171.5 million in 2014 to&nbsp;<strong>USD 42,685.1 million<\/strong>&nbsp;in 2020 at a&nbsp;<strong>CAGR of 6.5%<\/strong>&nbsp;during the forecast period.<\/p>\n<p>Age-related eye diseases, such as glaucoma, cataract, diabetic retinopathy, and age-related macular degeneration, are the leading causes of visual impairment and blindness in North America. According to the American Academy of Ophthalmology, approximately 22 million Americans aged 40 and above were affected by cataract and 2.3 million Americans were affected by glaucoma in 2011.<\/p>\n<p><strong>Access Full Report @&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/checkout\/3188\">https:\/\/www.persistencemarketresearch.com\/checkout\/3188<\/a><\/strong><\/p>\n<p>In Europe, increasing prevalence of chronic eye diseases among the rising aging population is becoming a challenge for the European healthcare system. In France, the number of age-related macular degeneration cases was 0.3 million in 2000 and it is anticipated to increase by 0.5 million in 2020.<\/p>\n<p>However, glaucoma, cataract, and diabetic retinopathy are the major causes of blindness in Asia. Cataract can be held responsible for 50% to 80% of all cases of blindness in Southeast Asia. The prevalence of age-related macular degeneration is also increasing in Asia due to increase in life expectancy and rising incidence of diabetes among the younger population. As per the Centre for Eye Research Australia, prevalence of diabetic retinopathy among people ranged between 17% and 22% in India and 43.1% in rural China in 2012.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p data-reactid=\"45\"><strong>Explore Extensive Coverage of PMR`s&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/category\/life-sciences-transformational-healthcare.asp\">Life Sciences &amp; Transformational Health<\/a>&nbsp;Landscape<\/strong><\/p>\n<p><strong>Eye&nbsp;<\/strong><strong>Health&nbsp;<\/strong><strong>Products Market<\/strong><strong>&nbsp;&ndash;&nbsp;<\/strong>Eye Health Supplements Market Segmented By Eye Care Supplements, Vision Health Products, Eye Care Supplements, Vitamins, And Supplements Eye Nutritional Products.&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/samples\/5465\"><strong>For More Information<\/strong><\/a><strong>&nbsp;<\/strong><\/p>\n<p><strong>Medical Image Analysis Software Market<\/strong><strong>&nbsp;&ndash;<\/strong><\/p>\n<p>According to the assessment of Persistence Market Research, the global medical image analysis software market is forecasted to reach a figure of about US$ 3,800 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/samples\/3515\"><strong>For More Information<\/strong><\/a><\/p>\n<p><strong>About us:<\/strong><\/p>\n<p>Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/category\/life-sciences-transformational-healthcare.asp\">market research methodology<\/a>&nbsp;to help businesses achieve optimal performance.<\/p>\n<p>To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.<\/p>\n<p>Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR&rsquo;s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.<\/p>\n<p><strong>Contact us:<\/strong><\/p>\n<p>Ashish Kolte<br \/><a href=\"https:\/\/www.persistencemarketresearch.com\/\"><strong>Persistence Market Research<\/strong><\/a><br \/>Address &ndash; 305 Broadway, 7th FloorNew York City,<br \/>NY 10007 United States<br \/>U.S. Ph. &ndash; +1-646-568-7751<br \/>USA-Canada Toll-free &ndash; +1 800-961-0353<br \/><strong>Sales<\/strong>&nbsp;&ndash;&nbsp;<a href=\"mailto:sales@persistencemarketresearch.com\">sales@persistencemarketresearch.com<\/a><br \/><strong>Website<\/strong>&nbsp;&ndash;&nbsp;<a href=\"https:\/\/www.persistencemarketresearch.com\/\">https:\/\/www.persistencemarketresearch.com<\/a><\/p>\n<\/div>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-development\/\" rel=\"tag\">Ophthalmic Devices Market Development<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-revenue-share\/\" rel=\"tag\">Ophthalmic Devices Market Revenue Share<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-supply\/\" rel=\"tag\">Ophthalmic Devices Market Supply<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-analysis\/\" rel=\"tag\">Ophthalmic Devices Market Analysis<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-demand\/\" rel=\"tag\">Ophthalmic Devices Market Demand<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-forecast\/\" rel=\"tag\">Ophthalmic Devices Market Forecast<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-growth\/\" rel=\"tag\">Ophthalmic Devices market growth<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-size\/\" rel=\"tag\">Ophthalmic Devices market size<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ophthalmic-devices-market-trends\/\" rel=\"tag\">Ophthalmic Devices market trends<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.persistencemarketresearch.com\/market-research\/ophthalmic-devices-market.asp\" target=\"_blank\">http:\/\/www.persistencemarketresearch.com\/market-research\/ophthalmic-devices-market.asp<\/a><br \/><b>Contact Information:<\/b><\/p>\n<p>305 Broadway, 7th Floor<br \/>New York City, NY 10007<br \/>United States<br \/><strong>Ph.no.<\/strong> +1-646-568-7751<br \/><strong>E-mail id- <a href=\"mailto:sales@persistencemarketresearch.com\">sales@persistencemarketresearch.com<\/a><\/strong><br \/><strong>Website: <a href=\"https:\/\/www.persistencemarketresearch.com\">https:\/\/www.persistencemarketresearch.com<\/a><\/strong><\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p><p>305 Broadway, 7th Floor<br \/>New York City, NY 10007<br \/>United States<br \/><strong>Ph.no.<\/strong> +1-646-568-7751<br \/><strong>E-mail id- <a href=\"mailto:sales@persistencemarketresearch.com\">sales@persistencemarketresearch.com<\/a><\/strong><br \/><strong>Website: <a href=\"https:\/\/www.persistencemarketresearch.com\/\">https:\/\/www.persistencemarketresearch.com<\/a><\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"149\" height=\"90\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/05\/4027-1589184832.png\" alt=\"\">According to a new market report published by Persistence Market Research &ldquo;Global Market Study on&nbsp;Ophthalmic Devices: Asia to Witness Highest Growth by 2020,&rdquo; the global ophthalmic devices market was valued at USD 29,171.5 million in 2014 and is expected to grow at a&nbsp;CAGR of 6.5% from&nbsp;2014 to 2020, to reach an estimated value of&nbsp;USD 42,685.1 &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/05\/11\/pmr-ophthalmic-devices-market-to-register-cagr-6-5-increase-in-revenue-by-2020-end\/\">Continue reading <span>PMR : Ophthalmic Devices Market to Register CAGR 6.5% Increase in Revenue by 2020 End<\/span><\/a> <a href=\"http:\/\/ipsnews.net\/business\/2020\/05\/11\/pmr-ophthalmic-devices-market-to-register-cagr-6-5-increase-in-revenue-by-2020-end\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5,4],"tags":[],"class_list":["post-10751","post","type-post","status-publish","format-standard","hentry","category-english","category-extended-distribution","category-research-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PMR : Ophthalmic Devices Market to Register CAGR 6.5% Increase in Revenue by 2020 End - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/05\/11\/pmr-ophthalmic-devices-market-to-register-cagr-6-5-increase-in-revenue-by-2020-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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