Refractive Surgery Devices Market Healthcare Equipment and Treatment Methodology 2017

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    Refractive Surgery Devices Market

    Refractive Surgery Devices Market Global Briefing 2017 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global refractive surgery devices market.

    The global refractive surgery devices market was estimated to be around $0.76 billion as of 2016. The global refractive surgery devices made up around 3% of the overall ophthalmic devices market in 2016. The refractive surgery devices market was the third largest market in the global ophthalmic devices market in 2016.

    The refractive surgery devices market comprises of refractive error surgery devices that are used in refractive error surgeries, a procedure of correcting or improving vision affected by refractive error such as nearsightedness (myopia), farsightedness (hyperopia), presbyopia or astigmatism. These devices include excimer lasers, YAG Lasers, microkeratomes and femtosecond lasers.

    The global refractive surgery devices market was estimated to be around $0.76 billion as of 2016. The global refractive surgery devices made up around 3% of the overall ophthalmic devices market in 2016. The refractive surgery devices market was the third largest market in the global ophthalmic devices market in 2016.

    Acquisitions:

    Major ophthalmology device manufacturing companies to acquire other companies in the market for the growth in the market and the improve the potential of new technologies within it. For instance, In September 2016, Johnson & Johnson acquired Abbott Medical Optics for a cash deal of $4.3 billion. This deal allows J&J to access Abbotts ophthalmic products in three segments including cataract surgery, consumer eye health and laser refractive surgery. This deal is expected to complete by the first quarter of 2017.

    Regulatory Approval:

    Competitors in the market launch new products to sustain intense competition and also to gain market share. For instance, in June 2016, ReVision Optics received FDA approval for the commercialization of its RAINDROP NEAR VISION INLAY refractive prosthetic devices. Through this approval, the company focuses on expanding its business operations by introducing its refractive surgery device portfolio in the US market.

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    Products Mentioned/Markets Covered: Excimer Lasers, Yag Lasers, Microkeratomes And Femtosecond Lasers.

    Companies Mentioned: Alcon, Abbott Medical Optics (a subsidiary of Johnson & Johnson), Bausch + Lomb (a subsidiary of Valeant Pharmaceuticals), Carl Zeiss, Lumenis.

    Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.

    Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa

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    The Refractive Surgery Devices Market Global Briefing Report from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.

    The refractive surgery devices market is one of the segments in the ophthalmic devices market, within the medical equipment market.

    Reasons for Buying this Report

    • Refractive Surgery Devices market report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a technological growth map over time to understand the industry growth rate
    • It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future Outlook.
    • Get up to date information available on the Refractive Surgery Devices market globally.
    • Identify growth segments and opportunities.
    • Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
    • Develop strategies based on likely future developments.
    • Gain a global perspective on the development of the market.
    • Report will be updated with the latest data and delivered to you within 2-3 working days of order.

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