Ophthalmic Surgical Devices Market Forecast to Develop and Opportunity by 2025
Industry Trend Analysis: The Global Ophthalmic Surgical Devices Market is expected to experience significant growth in coming years between 2017 and 2025. The market is primarily driven by factors such as increasing geriatric population worldwide, rising incidence of eye-related disorders, increasing demand for ophthalmic surgical devices in emerging countries, and technological advancements in the field of ophthalmology. Aging population is more susceptible to developing glaucoma as a result of age related tissue changes. According to the 2015 World Aging Population report by the UN, between 2015 and 2030, the global population aged 60 years and over is expected to grow by 56% from 901 million to 1.4 billion. This number is projected to rise up to 2.1 billion by 2050. With such substantial increase in the older population, the demand for ophthalmic surgical devices will significantly increase in coming years, thus favorably contributing to the growth of ophthalmic surgica...