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The France Ophthalmic Devices Market is segmented by Devices (Surgical Devices, Diagnostic and Monitoring Devices, Vision Correction Devices).
2018 - 2026
The France Ophthalmic Devices Market is expected to register a CAGR of 4.1%, over the forecast period. The major factors for the growth of the France Ophthalmic Devices Market include demographic shift and increasing prevalence of eye diseases and rising geriatric population.
Number of cataract surgeries has been increasing in France. For instance, according to the Organisation for Economic Co-operation and Development (OECD), in 2018, around 898,775 cataract surgeries were performed up from 863,837 cataract surgeries in 2017 and 840,962 cataract surgeries in 2016. Furthermore, technological advancements in ophthalmic devices and the rising adoption of contact lenses and spectacles will also support the market growth in the coming years in the country.
As per scope of the report, Ophthalmology is a branch of medical sciences, which deals with structure, function, and various diseases related to the eye. The ophthalmic devices are medical equipment designed for diagnosis, surgical, and vision correction purposes. The market is segmented by Devices (Surgical Devices, Diagnostic and Monitoring Devices, Vision Correction Devices).
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The major factors driving the growth of contact lenses in France are rising prevalence of myopia, hypermetropia, astigmatism, and presbyopia, increasing preference for contact lenses over prescription eyeglasses, and the growing geriatric population worldwide.
A number of major companies are contributing to the growth of the market in the country. For example, Essilor International SA is another French-based international ophthalmic optics company that designs, manufactures, and markets contact lenses to correct or protect eyesight.
Furthermore, according to a research article by Dorian TRICARD et al., published in ARVO Journal 2020, as per study conducted between 2013 and 2018 in France and found that the prevalence of myopia in children is 23.74%. In addition The prevalence of mypoia in children has been increasing. Thus, owing to above mentioned factors i is expected to drive the market growth.
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The France Ophthalmic Devices Market is consolidated competitive. Some of the market players are Alcon Inc., Bausch Health Companies Inc., Carl Zeiss Meditec AG, EssilorLuxottica SA, HAAG-Streit Group, Hoya Corporation, Johnson and Johnson, Nidek Co. Ltd, Topcon Corporation and Ziemer Ophthalmic Systems AG.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Demographic Shift and Increasing Prevalence of Eye Diseases
4.2.2 Rising Geriatric Population
4.3 Market Restraints
4.3.1 Risk Associated with Ophthalmic Procedures
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Devices
5.1.1 Surgical Devices
220.127.116.11 Glaucoma Drainage Devices
18.104.22.168 Glaucoma Stents and Implants
22.214.171.124 Intraocular Lenses
126.96.36.199 Other Surgical Devices
5.1.2 Diagnostic and Monitoring Devices
188.8.131.52 Autorefractors and Keratometers
184.108.40.206 Corneal Topography Systems
220.127.116.11 Ophthalmic Ultrasound Imaging Systems
18.104.22.168 Optical Coherence Tomography Scanners
22.214.171.124 Other Diagnostic and Monitoring Devices
5.1.3 Vision Correction Devices
126.96.36.199 Contact Lenses
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Alcon Inc.
6.1.2 Bausch Health Companies Inc.
6.1.3 Carl Zeiss Meditec AG
6.1.4 EssilorLuxottica SA
6.1.5 HAAG-Streit Group
6.1.6 Hoya Corporation
6.1.7 Johnson and Johnson
6.1.8 Nidek Co. Ltd
6.1.9 Topcon Corporation
6.1.10 Ziemer Ophthalmic Systems AG
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments