TechNavio recognizes the following companies as the key players in the Global Eye Care Surgical Market: Alcon Inc., Abbott Medical Optics Inc., Bausch and Lomb Inc., Carl Zeiss Inc., and Hoya Corp.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”Mergers and acquisitions help organizations grow rapidly by expanding their business processes, geographical presence, and customer base. The Global Eye Care Surgical market is witnessing numerous mergers and acquisitions. For instance, in 2011, Novartis completed the acquisition of Alcon. With this merger, Novartis enhanced its capabilities to develop more new and innovative eye care products, broadened its product portfolio, and increased its commercial reach. Similarly, in 2009, Abbott acquired Advanced Medical Optics Inc. and renamed it Abbott Medical Optics Inc.”
According to the report, the increase in the world’s population has resulted in an increase in the number of people suffering from vision disorders. Factors such as changing dietary habits, as well as the increase in the amount of time people spend playing video games, watching television, and working in front of computers, are contributing to the increase in the number of people suffering from vision disorders. Thus, the increase in the number of people suffering from eye disorders is expected to significantly increase the demand for eye care products during the forecast period.
Further, the report states that the lack of trained ophthalmologists is a major factor hampering the growth of the Global Eye Care Surgical market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-eye-care-surgical-market%C2%A0-2…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/healthcare
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