{"id":452622,"date":"2019-11-28T07:04:01","date_gmt":"2019-11-28T07:04:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=452622"},"modified":"2019-11-28T07:04:01","modified_gmt":"2019-11-28T07:04:01","slug":"single-use-ophthalmic-surgical-devices-market-to-surge-beyond-85-billion-by-2026-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/single-use-ophthalmic-surgical-devices-market-to-surge-beyond-85-billion-by-2026-grand-view-research-inc_452622.html","title":{"rendered":"Single Use Ophthalmic Surgical Devices Market To Surge Beyond $8.5 Billion By 2026: Grand View Research, Inc"},"content":{"rendered":"
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Grand View Research, Inc. – Market Research And Consulting.<\/div>\n<\/div>\n<\/div>\n
According to report published by Grand View Research, The global single use ophthalmic surgical devices market size was valued at USD 5.2 billion in 2018 and is projected to expand at a CAGR of 6.5% by 2026.<\/div>\n

The global single use ophthalmic surgical devices market<\/a> size is expected to reach USD 8.5 billion by 2026, as per a new report by Grand View Research Inc., registering a 6.5% CAGR over the forecast period. Frequent introduction of advanced single use ophthalmic surgical devices such as speculums, nucleus rotators and choppers, and OVDs, and rising incidence of age-related disorders of the eye are some of the major factors driving the market.<\/p>\n

Increasing overall life expectancy and rising geriatric population is expected to boost demand for treatment options for age-related ophthalmic disorders. Along with these, incidence of lifestyle associated disorders such myopia and hypermetropia are expected boost the adoption of single use surgical devices for refractive surgery. Most of these conditions cannot be treated by drugs and require surgical treatment. Increasing number of eye-related surgeries are expected to boost the market during forecast period.<\/p>\n

High competition and adoption of single use surgical devices over reusable ones by end users such as hospitals are factors propelling market players to introduce single use ophthalmic surgical devices at affordable prices. Major market players are focusing on developing innovative manufacturing techniques along with advanced raw materials to reduce device price and overall cost burden on end users.<\/p>\n

Introduction of new reimbursement policies, especially in surgeries performed by ASCs in developed countries, is expected to propel the number of ophthalmic surgeries being performed. In addition, growing efforts by non-profit organizations to increase awareness about eye-related conditions and provide necessary corrective procedures in rural regions for free or at an affordable cost are expected to boost market growth.<\/p>\n

Browse Details of Report, Please Visit @ <\/strong>https:\/\/www.grandviewresearch.com\/industry-analysis\/single-use-ophthalmic-surgical-devices-market<\/a><\/strong><\/p>\n

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Key Takeaways from the report:<\/strong><\/p>\n