World Ophthalmic Industry Overview

• Publication date: September 2011

The ophthalmic diagnostics and surgical industry is witnessing significant growth due to increasing incidence and prevalence of eye related disorders such as cataract, glaucoma, macular degeneration and diabetic retinopathy among the aging population. The clinical practice of ophthalmology is strong globally, and with the aging population, development of innovative products and reimbursement support for vision products and cataract procedures, im...

The ophthalmic diagnostics and surgical industry is witnessing significant growth due to increasing incidence and prevalence of eye related disorders such as cataract, glaucoma, macular degeneration and diabetic retinopathy among the aging population. The clinical practice of ophthalmology is strong globally, and with the aging population, development of innovative products and reimbursement support for vision products and cataract procedures, immense business opportunities exist for the existing players and the potential new entrants.

The growing age of cataract patients created the demand for premium cataract procedures and products used after the surgery. As the baby-boom generation enters their 60s, the demand for improved cataract and refractive procedures is increasing tremendously.

The contact lens and intraocular lens demand is driven largely by market and government spending on Research and Development to improve the efficiency of operations and develop new products and services for ophthalmic diseases. Alcon is a industry leader in global intraocular lens industry . Other leading players are Abbott, Bausch & Lomb, and Hoya. In the cataract surgery industry, there is a constant threat of new entrants trying to develop new technology and innovative procedures compared to the existing products. This leads to a high intensity of rivalry amongst the competitors and also drives their Research and Development initiatives.

The report titled “” aim at providing basic understanding of the ophthalmology industry, its growth and various factors driving growth of the industry . Further, the report assesses the growth opportunities of the ophthalmic diagnostics and ophthalmic surgical equipment industry s in different geographic regions. Also, the industry for global cataract surgery and intraocular lenses has been analyzed. The report also profiles the major industry players operating in the ophthalmic diagnostics and surgical equipment industry along with a discussion of their key business strategies. The report provides:

• Industry Sizing and Growth of Global Ophthalmic Industry
• Industry Sizing and Growth of Global Ophthalmic Diagnostics Equipment Industry
• Regional and Regional Overview of Ophthalmic Diagnostics Equipment Industry
• Analysis of Global Ophthalmic Surgical Equipment Industry
• Regional Analysis of Ophthalmic Laser Equipment Industry
• Worldwide Cataract Surgical Procedures
• Industry Sizing and Growth of Contact Lenses Industry
• Global Intraocular lens (IOL) Industry
• Industry Projections

Further, we have predicted the future growth of the global cataract surgery and intraocular lens industry by combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings. We employed various significant variables that have an impact on this market and created regression models with SPSS to determine the future direction of the market .

Global Ophthalmic Devices Industry

I. Ophthalmic Industry : Overview

I. 1 Ophthalmic Diseases
I. I. 1 Cataract
I. I. 2 Glaucoma
I. I. 3 Macular Degeneration
I. 2 Global Ophthalmic Industry Value

II. Ophthalmic Diagnostics Industry

II. 1 Worldwide Ophthalmic Diagnostics Industry
II. 2 Regional Analysis

II. II. 1 The US
II. II. 2 The Americas (Excluding the US)
II. II. 3 United Kingdom
II. II. 4 Germany
II. II. 5 France
II. II. 6 Benelux
II. II. 7 Italy
II. II. 8 Spain
II. II. 9 Japan
II. II. 10 Asia-Pacific (Excluding Japan)

III. Ophthalmic Surgical Equipment Industry

III. 1 Worldwide Ophthalmic Surgical Equipment Industry
III. 2 Ophthalmic Laser Equipment Industry
III. II. 1 Global Laser Equipment Industry
III. II. 2 Regional Overview

IV. Cataract Industry

IV. 1 Global Cataract Surgery Industry
IV. 2 Intraocular Lens Industry
IV. II. 1 Regional Analysis
IV. 3 Contact Lens Industry

V. Industry Dynamics

V. 1 Industry Drivers
V. I. 1 Increase in number of diabetic and obese patients
V. I. 2 Increasing aging population
V. I. 3 Growing gross national income

V. 2 Key Issues
V. II. 1 Low level of health insurance coverage
V. II. 2 Lack of trained ophthalmologists
V. 3 Industry Trends
V. III. 1 Potential for premium refractive & cataract procedures
V. III. 2 Growing demand of contact lens among youngsters

VI. Competitive Environment

VI. 1 Industry Player
VI. I. 1 Abbott Medical Optics
VI. I. 2 Alcon Inc
VI. I. 3 Bausch & Lomb
VI. I. 4 Hoya
VI. I. 5 Carl Zeiss AG

VII. Industry Outlook

VII. 1 Industry Projection
VII. 2 Projection Methodology
VII. II. 1 Dependent and Independent Variables
VII. II. 2 Correlation Analysis
VII. II. 3 Regression Analysis

List of Figures and Charts

Types of Cataracts
Global Ophthalmic Industry Value, by Value (2005-2012F)
Global Ophthalmology Industry : by Segment (2010)
Global Ophthalmology Medical Device Industry : by Segment (2010)
Global Ophthalmic Diagnostics Industry Value (2007-2014F)
The US Ophthalmic Diagnostics Industry Value (2004-2012F)
The Americas (Ex. the US) Ophthalmic Diagnostics Industry Value (2004-2012F)
UK Ophthalmic Diagnostics Industry Value (2004-2012F)
Germany Ophthalmic Diagnostics Industry Value (2004-2012F)
France Ophthalmic Diagnostics Industry Value (2004-2012F)
Benelux Ophthalmic Diagnostics Industry Value (2004-2012F)
Italy Ophthalmic Diagnostics Industry Value (2004-2012F)
Spain Ophthalmic Diagnostics Industry Value (2004-2012F)
Japan Ophthalmic Diagnostics Industry Value (2004-2012F)
Asia Pacific (Ex. Japan) Ophthalmic Diagnostics Industry Value (2004-2012F)
Global Ophthalmic Surgical Equipment Industry Value (2007-2014F)
Global Ophthalmic Surgical Equipment Breakdown: by Type (%, 2010)
Global Ophthalmic Surgical Equipment Breakdown: by Geography (2010)
Global Ophthalmic Surgical Equipment: Category Contribution (%, 2010)
Global Ophthalmic Laser Equipment Industry Value (2008-2010)
The US Ophthalmic Laser Equipment Industry Value (2008-2010)
Germany Ophthalmic Laser Equipment Industry Value (2008-2010)
Japan Ophthalmic Laser Equipment Industry Value (2008-2010)
India Ophthalmic Laser Equipment Industry Value (2008-2010)
Worldwide Cataract Surgery Industry Value (2005-2010)
Worldwide Cataract Surgery Industry Breakdown: by Region (%, 2010)
Worldwide Cataract Surgery Industry Breakdown: by Type (%, 2010)
Worldwide Cataract Surgical Procedures (2004-2010)
Cataract Surgical Procedures Performed in the US (2007-2010)
Cataract Surgical Procedures Performed in Europe (2007-2010)
Cataract Surgical Procedures Performed in China (2007-2010)
Cataract Surgical Procedures Performed in India (2007-2010)
Cataract Procedures Penetration Trend over 65 years of age: by Geography (2007-2010)
Global IOL Industry Value (2005-2010)
Number of Cataract Procedures by IOL Type in the US (2010&2020F)
IOL Revenues by Lens Type in the US (2010&2020F)
Number of Cataract Procedures by IOL Type in Europe (2010&2020F)
IOL Revenues by Lens Type in the US (2010&2020F)
Number of Cataract Procedures by IOL Type in China
IOL Revenues by Lens Type in the US (2010&2020F)
Percentage Comparison YoY of IOL Implantation in India (2003-2010)
Global Contact Lens Industry Value (2007-2014F)
Global Contact Lens Industry : by Geography (%, 2009)
Global Contact Lens Industry : by Type (%, 2009)
Growth in Diabetics Population (2004-2012F)
Growth in Diabetics Population (2004-2012F)
Worldwide Aging Population (2007-2013F)
World Gross National Income (2005-2010)
Premium v/s Conventional Cataract Surgery: Percentage Breakdown (2009)
Worldwide IOL Industry Share for Leading Players
Worldwide IOL Revenues for Major Competitors
The US IOL Industry Share for Leading Players
European IOL Industry Share for Leading Players
Japanese IOL Industry Share for Leading Players
Rest of the World IOL Industry Share for Leading Players
Worldwide Contact Lens Industry Share for Leading Players
The US Contact Lens Industry Share for Leading Players
European Contact Lens Industry Share for Leading Players
Asian Contact Lens Industry Share for Leading Players
Abbott’s Net Revenues and Net Income Comparison (2008-2010)
Abbott’s IOL Revenues (2008-2010)
Alcon’s Net Revenues and Net Income Comparison (2006-2010)
Alcon’s IOL Revenues (2008-2010)
Alcon’s Contact Lens Revenues (2008-2010)
Bausch & Lomb’s Net Revenues (2006-2010)
Bausch & Lomb’s Contact Lens Revenues (2008-2010)
Bausch & Lomb’s IOL Revenues (2008-2010)
Hoya’s IOL Revenues (2006-2010)
Carl Zeiss’s Net Revenues (2008-2010)
Carl Zeiss’s IOL Revenues (2008-2010)
Global Cataract Surgery Industry Projection (2010-2013F)
Global IOL Industry Projection (2010-2013F)

List of Tables

Major Market Segments: Eye Disorders
Types of Glaucoma
Two major Forms of Macular Degeneration
Dependent & Independent Variables (2005–2010)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output