Article -> Article Details
| Title | Amblyopia Market Players Analysis andForecast to 2032 Available in New Report |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | Amblyopia Market, Amblyopia Market Size, Amblyopia Market Industry, Amblyopia Market Research, Amblyopia Market Analysis, |
| Owner | Vaibhav |
| Description | |
|
The amblyopia market is expected to gain a
market value of USD 6.4 billion by 2032 at a CAGR of 4.3% from 2023-2032. Market Drivers and Barriers The escalation
in number of ophthalmic disorders cases is observed to surge the global
amblyopia market. Amblyopia, generally known as lazy eye, mostly develops in
childhood. The lack of awareness regarding the onset of amblyopia often leads
to severe complications like blindness, with age. Hence, the growing number of
undiagnosed incidences are likely to impel the global amblyopia market growth.
Furthermore, this is triggering an urgency in the need for early diagnosis.
Consequently, an upsurge in the market growth can be expected due to the
availability of advanced ophthalmic diagnostic solutions. The market can also
experience an amplified growth over the assessment period owing to the hike in
per capita income and increase in medical assistance from the government. The high cost of
treatment due to limited treatment options can constraint the amblyopia market
growth, despite the presence of such potent market drivers. Major Key
Players: The major Amblyopia Market Players are McKesson Corporation,
Johnson & Johnson, Vivid Vision Inc., Good-Lite Co, Carl Zeiss AG,
Amblyotech Inc, Novartis AG., Amblyoptica (Holding) Pvt. Ltd, HOYA Corporation,
Krafty Eye Patches¸ Fresnel Prism and Lens Co., Hilco Vision, Cooper Vision,
and more. Segment Analysis The global amblyopia market has been segmented on the basis of
type, treatment, diagnosis, end-user, and region. By types of amblyopia, the global amblyopia market has been
segmented into strabismus amblyopia, reverse amblyopia, deprivation amblyopia,
refractive amblyopia, and others. Among these, strabismus amblyopia is the most
common type and is mainly caused due to suppression of the misaligned or
deviating eye. By mode of diagnosis, the global amblyopia market has been
segmented into photo screening, visual acuity tests, Bruckner test, and others. By mode of treatment, the global amblyopia market has been
segmented into video game, atropine drops, glasses, eye patches,
and others. Among these, eye patches hold the largest market share and are
anticipated to expand at 3.93 % CAGR during the assessment period. By mode of end-users, the global amblyopia market has been
segmented into ophthalmic clinics, hospitals & pharmacies, and others. Regional
Analysis Geographically, the amblyopia
market span across regions namely, Europe, America, Asia Pacific, and the
Middle East and Africa. Among all the regions, America
accounts for the largest market share owing to increasing prevalence of
ophthalmological disorders such as macular degeneration, cataract, and
glaucoma, growth in technological advancements, presence of key market players,
and high expenditure on healthcare. Europe is considered to be the
second largest market followed by Asia Pacific which is presumed to expand at
the fastest rate with 4.35 % CAGR during the assessment period. The growth is
attributed to the continuously growing economies, rapid technological
development, presence of huge patient population, and high opportunity for
development in this region. On the other hand, the Middle
East and Africa are considered to register a sluggish growth rate and account
for the least market share during the review period owing to low income among
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