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Presbyopia Correction Devices Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-02-24   |   Pages: 117   |   Tables: 144   |  Report ID: 7637 |  Industry: Life Science  |   Format : pdf word ppt excel



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With the growing aging population, Presbyopia is becoming the most common refractive error as it is affecting billions of people across the globe. This scenario is increasing the demand for spectacle independence in this population group. Demand for Presbyopia Correction Devices is expected to spur in the years to come, as per the analysts.

Presbyopia_Correction_Devices

Companies to develop Advanced Technology Devices in Future

Some of the key companies operating in the market include AcuFocus, Revision Optics (Closed in Feb 2018), Refocus, and Presbia. Companies are developing novel products so as to offer the physicians wide range of choices for the specific usage. Also, they are entering into collaborations and partnerships so as to develop advanced devices and serve the patients better.

Advanced Research Technology to Play a Significant Role in Market Growth

Development of advanced research technology to provide highest level of vision is likely to play a significant role in the presbyopia correction device industry growth. Also, growth of the marketing channels and increasing awareness regarding the availability of vision treatments and devices will contribute significantly to the market growth. Increasing research and development activities by the manufacturers on presbyopia correction will positively impact the growth.

Market Segmentation

By Product Type

·  Scleral Implants

·  Corneal Inlays

By Application

·   Age 40-50

·   Age 50-65

·   Age above 65

The analysts have predicted that the demand for Corneal Inlays is increasing among the population as they are considered a favorable option in correcting presbyopia and they offer benefits including removal and repositioning abilities. Moreover, the risks associated with intraocular procedures are lower as the process is restricted to the cornea. People aged 50-65 are expected to create robust demand for Presbyopia Correction Devices, thus contributing significantly to the overall market size.

By Region

world_regions

Adoption of advanced technology for the vision treatment is likely to give North America an upper hand over other regions. Also, strong presence of manufacturers in this region is positively impacting the Presbyopia Correction Devices market growth. As per the analysts, the APAC region will create rewarding prospects for the manufacturers on the back of increasing presbyopia cases in the developing countries, which is likely to fuel the demand for vision treatment.

Life sciences is a wide branch of study that is gradually becoming an integral industry to the global economics. QYR Consulting looks at the steady transformation of the life sciences industry and its impact on the subindustries such as medical care, pharmaceutical, and medical devices. Our team of esteemed analysts have put together reports to analyze the monumental changes life sciences is expected to bring in the overall healthcare industry. These reports identify the exact turning points for the industry and open up a platform for discussing its growth.

QYR Consulting brings to you a structured analysis of the technological advancements so far, vision of the players in the industry, and the strategies they are likely to use to make their mark. The reports dissect various components of the life sciences industry to scrutinize the influential factors. To help the readers make profitable business decisions, analysts have highlighted the lucrative investment areas and upcoming business opportunities.

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Presbyopia Correction Devices Market Report