Hepatitis C Drugs Market to Witness an Outstanding Growth by 2022

 Market Overview

Market Research Future (MRFR) has released a new report on the global hepatitis C drugs market. The report provides a complete overview of the market’s historical statistics and growth trajectory, in addition to elaborating on the market’s present statistics and providing detailed projections regarding the market’s likely growth trajectory over the forecast period from 2016 to 2022. The global hepatitis C drugs market is expected to exhibit a steady 3.3% CAGR over the forecast period, rising from a valuation of USD 18.7 billion in 2015 to USD 22.7 billion by 2022.

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The slow CAGR of the global hepatitis C drugs market is due to the steady drop in the number of patients of hepatitis C in developed regions and the increasing prospects of the unorganized herbal medicine industry in emerging regions.

Thanks to consistent healthcare advancement initiatives and awareness efforts, the prevalence of hepatitis C has fallen in developed countries over the years and could in fact dip into negatives over the coming years due to the widespread availability of medication and widespread awareness about the disease. The improving sanitation levels in developed countries have been vital for the drop in the prevalence of hepatitis C, as it has reduced the likelihood of the respective pathogens breeding in large amounts. The increasing awareness about hygiene and disease prevention in countries such as the U.S., Canada, the UK, France, and Germany is likely to further reduce the prevalence of hepatitis C over the coming years, restraining the growth of the hepatitis C drugs market in developed economies.

In emerging regions such as Asia Pacific, hepatitis C is considerably prevalent. However, the disease is often treated with herbal remedies, which are available more easily and much cheaper than conventional medicine. This is likely to be a major restraint for the hepatitis C drugs market over the forecast period.

Segmentation:

The global hepatitis C drugs market is segmented on the basis of drug class, medicine system, route of administration, end user, and region.

The global hepatitis C drugs market is segmented on the basis of drug class into anti-viral drugs, immuno-modulators, and others.

On the basis of medicine system, the global hepatitis C drugs market is segmented into allopathic medicine, alternative medicine, and others.

On the basis of route of administration, the hepatitis C drugs market is segmented into oral, injectable, and others. Oral administration held the dominant share in the global hepatitis C drugs market in 2015 and is likely to remain the leading revenue generator over the forecast period.

On the basis of end user, the market is segmented into hospitals and private.

Regional Analysis:

The global hepatitis C drugs market is segmented by region into the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas is likely to retain the dominant share in the global hepatitis C drugs market over the forecast period, followed by Europe, due to the widespread availability of advanced medication in the region. Due to the drop in the prevalence of the disease, the hepatitis C drugs market in North America and Europe is likely to remain stable or even reduce in size over the forecast period.

The hepatitis C drugs market is likely to exhibit promising growth prospects in emerging regions such as China and India over the forecast period. The growing prevalence of the disease in these regions, allied to the growing awareness about the prevention and treatment of the disease, is likely to drive the hepatitis C drugs market over the forecast period. Growth of the healthcare sector in countries such as India, China, Japan, Korea, Indonesia, Malaysia, and Singapore is likely to be vital for the global hepatitis C drugs market over the forecast period.

Competitive Analysis:

Leading players in the global hepatitis C drugs market include Gilead Sciences Inc., Johnson & Johnson, GSK, Bristol-Myers Squibb, F. Hoffmann-La Roche Ltd., Novartis AG, Merck & Co. Inc., and AbbVie Inc.

Industry Updates:

In February 2019, Indiana’s federal court enabled Medicaid recipients to receive direct-acting antiviral medications sooner.

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Urinary Incontinence Market Projected to Witness Vigorous Expansion by 2022

 Market Overview

Market Research Future (MRFR) in their latest report made an effort in providing the upcoming market scenario of the global urinary incontinence market in a holistic way. The urinary incontinence market is predicted to achieve a moderate CAGR and scale an impressive valuation of USD 27,775.9 million during the forecast period (2017-2022). Urinary incontinence denotes an unintentional leakage of urine under extreme stress or due to any kind of pressure on the bladder. It happens mostly in women. Women during pregnancy can experience the problem. Women of age group 30-60 are more prone to experience this problem than others. This occurs when a person loses his or her control over the urinary sphincter or the control gets weakened. The chance of a person contracting urinary incontinence grows with age. MRFR in their report talked in detail about the urinary incontinence market growth and harped on segments with both volume-wise and value-wise analysis. Simultaneously, the research also focuses on the competitive landscape and factors that can improve the urinary incontinence market dynamics in the coming years.

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Increasing the level of stress, changes in lifestyle, pregnancy, and other reasons can trigger urinary incontinence. The patients are mostly divided into four types; constant-or-near-constant dribbles and leaks, stress-related leakage, urge-related incontinence, and inability to control the bladder. The urinary incontinence market is all set to receive backings from growing awareness in both developing and developed regions, latest technologies, infrastructural development, and demand for minimally invasive or non-invasive surgeries can help in the growth of the urinary incontinence market.

Segmentation:

MRFR, for a better analysis of the global urinary incontinence market, segments it by types and devices.

Based on types, the global urinary incontinence market can be segmented into urge incontinence, stress incontinence, overflow incontinence, functional incontinence, and others. The stress incontinence segment has the largest market share as of the report. The urge incontinence segment is also expecting much growth during the forecast period.

Based on devices, the urinary incontinence market comprises electrical stimulation devices, Foley catheters, antimicrobial Foley catheters, urethral bulking agents and others. Foley catheters are getting much traction and are expected to keep their growth the same during the forecast period. Urethral bulking agents can work well with patients who have serious issues with anesthetic agents and cannot have surgical procedures.

Regional Analysis:

MRFR, in their region-specific analysis of the urinary incontinence market, includes the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas can be segmented into North America and South America. North America churns out the maximum revenue amount of the global urinary incontinence market. The regional market is amply backed by superior infrastructure, robust healthcare segment, reimbursement policies, and high investment from individuals regarding health. People in this region are quite aware of the problem and seek specialist help quite often which helps the market with expansion.

Europe and the APAC market are projected to grow with the fastest CAGR over the review period. Government’s in Europe are backing the healthcare sector with funds that are getting invested in research and development. In the APAC, the regional market is profiting from the presence of a huge population base where the upliftment of the healthcare sector is ensuring widespread awareness and easy access to treatments.

Competitive Landscape:

Notable players in the urinary incontinence market, as reported by MRFR, are NeoTract, Inc, Promedon, Cook Medical Inc., C.R. Bard Inc., Coloplast Corp, Boston Scientific Corporation, Ethicon US, LLC and others. Their influence on the market has great strategic relevance which has also spurred expansion in the market.

In 2018, Triple W, a company based out of San Diego, launched a wearable device called DFree. The device can predict the toilet timing and thereby, can stop accidents. This would give patients a heads up so that they can find a lavatory in time.

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Microspheres Market to Perceive Momentous Accruals with a hefty CAGR By 2022

 Global Microspheres Market – Overview

Microspheres are characteristically free flowing powders having a particle size less than 200 µm. The microspheres used are usually polymers that are classified into two material type the first one is the natural polymers and the other one is the synthetic polymers. These microspheres are used in various industries such as pharmaceutical industry, construction industry, cosmetics industry, oil & gas industry and automotive industry.

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The global Microspheres market is growing with the prompt pace. The market is forecast to establish a significant growth by 2022, beyond its previous growth records in terms of value with a striking CAGR of 11.9% during the anticipated period (2017 – 2022). The global microspheres market is growing at a rapid pace. The growth of the market is majorly upsurged by various applications and advancements of microspheres in a controlled delivery system. The various application such as carriers for drugs, absorption, and desorption of substances, pulmonary drug delivery, and tissue regeneration are influencing the growth of microspheres in the field of pharmaceutical industry. Furthermore, development in new drugs, government funding in research and development of microspheres and various others applications of microspheres in the field of construction industry, cosmetics industry, oil & gas industry and automotive industry are further enhancing the market for microspheres. As there is a wide range of factors that are driving the growth of the market, there are few barriers as well that hamper the market for microspheres. One of the factors that hamper the growth of the market are fluctuating price of raw materials, huge investment in R&D and the limitation of microspheres such as, the release rate of dose may vary from one dose to another.

Global Microspheres market – Competitive Analysis

The market for microspheres is characterized by the presence of several well-established and small players, the global market for microspheres appears to be highly competitive and fragmented. Major players are increasingly expanding their footprint in the emerging nations, making it putting pressure on the regional players, especially in terms of features such as type, product portfolios, and pricing. To attract the customers the companies have launched the products of different materials and in different sizes. Some companies have adopted the strategy of acquisition and collaboration to expand their market and minimize the competition. Innovation is the best way to gain the market, thus, a number of companies are involved in the development of new and better products.

For instance, in January 2017, Telko has established a new partnership with Potters to supply performance solid and hollow microspheres for a variety of applications. This partnership can help both Potters and Sovitec to deal a more widespread, cost-effective and high-quality portfolio of products and services to the customers worldwide.

3M (Unites States), Potters Industries LLC (United States), AkzoNobel N.V. (Netherlands), Momentive Performance Materials Inc. (United States), Chase Corporation (United States), Matsumoto Yushi Seiyaku Company (Japan), Sigmund Lindner GmbH (Germany), Mo-Sci Corporation (United States), Trelleborg AB (Sweden), Luminex Corporation (United States) and others are some of the prominent players at the forefront of competition in the global Microspheres market and are profiled in MRFR Analysis. 

Global Microspheres market   – Regional Analysis

Globally, North America holds the largest share of more than 44% of global microspheres market and is expected to be the leading market during 2016-2022. This large share is majorly attributed due to growing technology advancement in the field of medical science in the region, rapidly growing pharmaceutical industry, increasing need for the new formulations for the development of new drugs, some of the key factors driving the growth of this market.

Globally Europe holds the second largest share of about 31% of the global microspheres market.  The European market is expected to reach USD 2.44 billion by the end of the forecasted period from 2016 to 2022. Asia-Pacific region is anticipated to observe the highest growth rate in the near future due to growing healthcare and life-sciences industry, increased adoption of microspheres in developing countries, are the key drivers that are influencing the market to grow at a rapid pace in this region. Furthermore, major players are grabbing the opportunity by expanding their operating sites in the region and thus increasing the growth of this market for the forecasted period from 2016 to 2022.

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Global Alzheimer’s Disease Diagnostic Market to Significant Growth Foreseen by 2022

 Global Alzheimer’s disease Diagnostic Market   – Overview

The global Alzheimer’s disease diagnostic market is growing at a sound pace; mainly due to the increasing prevalence of the disease making it one of the major drivers for the market. According to a recent study report published by the Market Research Future, the global Alzheimer’s disease diagnostic market is booming and expected to gain prominence over the forecast period. The market will demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a sound CAGR during the anticipated period (2017 – 2022).

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The major drivers will be the increasing per capita healthcare expenditure and growing geriatric population. With it the market for diagnostic test, including diagnostic molecules and assays will contribute significantly to the health and wellbeing of the patients.

In 2017, according to the Alzheimer’s Association, 5.5 million Americans lives with Alzheimer’s dementia, and estimated 5.3 million are at 65 years old or above. Moreover, according to the National Institute of Health, the global geriatric population is expected to reach 1.6 billion by 2050 from 617 million in 2016. From the illustrated facts it is clear that the market will grow significantly in the presence of the need of diagnostics.

Global Alzheimer’s Disease Diagnostic Market – Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of Alzheimer’s disease diagnostic appears to be highly competitive and fragmented. International players are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product differentiation, product portfolios, quality, and pricing.  The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among players.

Well established players followed acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Eli Lilly and Company is one of the major players in the global Alzheimer’s disease diagnostic market.  The total revenue generated by the company in 2016 was reported to be approximately around 21.2 billion. Followed by such huge revenue the company invested 24.7% of its revenue on the research and development. Following such a trends from the past few years, Eli Lilly and Company became a global leader in the fight against Alzheimer’s disease and it is leading the market since last 30 years. Today, Eli Lilly and Company has molecules to treat and diagnose Alzheimer’s disease in various stages of clinical development, including seven investigational compounds to treat Alzheimer’s disease and two diagnostics to help better diagnose the disease condition. To enhance the product development and commercialization the company in Jan. 27, 2016 announced an arrangement to partner with Roche Diagnostics on its ongoing development of a commercially scalable cerebrospinal fluid assay for amyloid-beta 1-42.

Eli Lilly and Company. (U.S.), TauRx (Asia Pacific), Accera, Inc. (U.S.), Treventis Corporation. (U.S.), Neuro-Bio Ltd (Europe), CogRx (U.S.) are some of the prominent players at the forefront of competition in the Global Alzheimer’s disease diagnostic Market and are profiled in MRFR Analysis. 

Global Alzheimer’s disease Diagnostic Market – Regional Analysis

The global market is led by the Americas. Rising per capita healthcare expenditures, presence of global players like CogRx and Accera, Inc. along with a huge patient population drives the market growth within the region. In 2015, according to the Centres for Disease Control and Prevention, in the U.S. the total healthcare expenditure accounted for 17.8% of the total gross domestic product (GDP), which accounted for USD 3.2 trillion. Europe is the second largest market. Huge patient population, increasing government support the R&D fuels the market growth within the region. According to the Alzheimer’s Society, the number of the patients suffering from dementia in the U.K is expected to reach over one million by 2025. Asia Pacific region consists of the developing economies like India & China making it to be the fastest growing region.  The Middle East & Africa region holds the least share, especially due to the African region. The Middle East region holds the market of this region due to huge healthcare expenditures.

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Monoclonal antibody therapy Market to Witness Widespread Expansion to 2022

 

Market Overview:

Monoclonal antibodies are laboratory-produced antibodies structured to be the substitute of natural antibodies which can enhance or mimic the immune system's attack on harmful cells. Monoclonal antibody therapy is a type of immunotherapy which requires monoclonal antibodies to bind specifically to certain type of cells and proteins which stimulates the immune system to attack those cells. Currently, it is possible to produce monoclonal antibodies specific to any extracellular target and research is being carried out to amplify the application scope of the monoclonal antibodies in different areas of medical science. Globally, the market for monoclonal antibody therapy is growing rapidly and it is expected to grow at the rate of about XX% from 2016 to 2022.

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The global monoclonal antibody therapy market has been evaluated as rapidly growing market and it is expected that the market will continue to grow similarly in the near future. Antibodies are an important part of the immune system. Generally, our body creates antibodies in response to an antigen entering the body. These antibodies attach to the antigen in order to mark it as harmful which is then destroyed by the body's immune system. Monoclonal Antibodies are the antibodies produced in the laboratory which can mimic the function of a normal antibody to attack the antigen. However, monoclonal antibodies are engineered in such a way that they identify and attach to the mono-specific targeted antigen on the surface of the cancer cell or any other foreign cell. It is often referred to as a targeted immunotherapy. Monoclonal antibodies identify and destroy the tumor cells without causing any harm to the normal healthy cells of the body. The major application of the monoclonal antibody therapy is the treatment of the cancer. Having said that, Monoclonal antibody therapy can only be done for the cancers in which the antigens have been identified so far. Some of the common monoclonal antibodies are Alemtuzumab, Rituximab, Trastuzumab, Gemtuzumab ozogamicin, Ibritumomab Tioxetan.

According to WHO, the world will witness more than 70% rise in the number of cancer patients in the next few years, out of which maximum number of patients will be from the Asia, Africa and South America region. There has been extensive research going on to develop the new monoclonal antibodies and drugs in order to treat the wide range of disorders with minimum side effects. The sudden rise in the number of cancer cases is likely to propel the growth of the monoclonal antibody therapy market in the near future. Moreover the commercialization of the newly developed monoclonal antibodies and drugs will give a boost to the monoclonal antibody therapy market. On the other hand, lack of awareness about the technology in the developing nations and the limited healthcare expenditure and low affordability of such expensive treatments in the low income economies is expected to hamper the growth of the monoclonal antibody market.

Global Monoclonal Antibody Therapy Market Players:

There are plenty of large and small market players which operate in this market all over the globe. The major participants of this market are AbbVie Inc., Amgen Inc., Bayer AG,       Biogen Inc., Bristol–Myers Squibb Company, F. Hoffmann-La Roche Ltd., GenScript, GlaxoSmithKline Plc., Johnson & Johnson, Merck KGaA, Novartis AG, Pfizer Inc., Sanofi, Sigma-Aldrich Co. LLC, and others.

Regional Analysis:

Depending on geographic region, monoclonal antibody therapy market is segmented into four key regions: America, Europe, Asia-Pacific, and Middle East & Africa. Globally, America is the largest market for monoclonal antibody therapy. North American region is the leading market in the America region. Europe is the second-largest market globally for monoclonal antibody therapy which is expected to continue its growth in the near future. Asia pacific region is expected to be fastest growing region in monoclonal antibody therapy market.

Segmentation:

Monoclonal antibody therapy market has been segmented on the basis of source which comprises of recombinant, chimeric, humanized, human, and other. On the basis of application, market is segmented into diagnostic test, analytical and chemical uses, cancer treatment, autoimmune diseases, hematological disorders, and others. On the basis of end user, market is segmented into hospitals, clinic, research laboratories and others.

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Malignant Lymphoma Market Foreseen to Draw a Promising Growth by 2022

 Market Scenario:

The lymphatic system runs throughout our bodies. Cancers that develop anywhere in body’s lymphatic system are called as lymphoma and if they have the ability to spread in the body, they are called malignant lymphoma. The most common symptom of the lymphoma is swollen glands. Men are more prone to lymphoma compared to women for the reason unknown. Globally the market for malignant lymphoma is increasing rapidly. Globally the market for malignant lymphoma is expected to grow at the rate of about XX% from 2016 to 2022.

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Key Finding

• The global malignant lymphoma market and is expected to reach $XX billion by 2022.
• Chemotherapy holds the largest share of XX% of the market.
• North America holds the largest market share of XX% of malignant lymphoma market and is anticipated to reach $XX billion by the end of forecast period.
• Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of XX% during the forecast period.
• Chemotherapy holds the largest market share in 2015, and expected to continue the similar growth throughout the forecast period.

Study objectives of Malignant Lymphoma Market:

• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the malignant lymphoma market.
• To provide insights about factors affecting the market growth
• To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by type, by treatment and its sub-segments.
• To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global malignant lymphoma market.

Segments:

Malignant lymphoma market has been segmented on the basis of types which comprises of Hodgkin lymphoma and non-Hodgkin lymphoma. On the basis of treatments, market is segmented into chemotherapy, radiation therapy, immunotherapy, stem cell therapy and others.

Regional Analysis of Malignant Lymphoma Market: 

Globally North America is the largest market for malignant lymphoma. Europe is the second-largest market. Furthermore Asia pacific market is expected to be the fastest growing market for malignant lymphoma.

Key Players for Malignant Lymphoma Market:

Some of the key players in this market are: Abbott Laboratories, ABIOGEN PHARMA S.p.A., Actelion Pharmaceuticals, Aeterna Zentaris, Inc., Allos Therapeutics, Astellas Pharma, Bristol-Myers Squibb Company, Celgene Corporation, Eli Lilly and Company, Genmab, Inovio Pharmaceuticals, Johnson & Johnson, and Merck & Co. Inc., Novartis, Onyx Pharmaceuticals, Roche, Seattle Genetics and others    

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LASIK Eye Surgery Market to Witness an Outstanding Growth by 2022

 Market Overview:

LASIK Eye Surgery also known as Myopia has gained a lot of recognition over the last few years owing to the ample benefits it offers along with the guaranteed success rate of almost 96%. Besides, this surgery promises chances to get rid of spectacles and contact lenses for life. Which is why many are opting to undergo this surgery to get their eye sight rectified. Resultantly, the market for LASIK Eye Surgery is garnering exponential traction on the global platform.

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Acknowledging the kind of growth the LASIK Eye Surgery market is witnessing currently and the growth prospects the market is demonstrating globally; Market Research Future (MRFR) recently published a brilliant study report giving out the complete market insights up till 2022. In its report MRFR asserts that the global LASIK Eye Surgery market is projected to grow exponentially by 2022, registering 6.5% CAGR throughout the forecast period (2017 – 2022).

In addition, other factors that predominantly drive the market growth include growing population and urbanization that has introduced many devices like mobile phone and unhealthy lifestyle. Which resultantly has increased prevalence of myopia, hyperopia astigmatism and several other vision problems. To rectify these issues people are increasingly resolving to LASIK Surgery for its advantages.

Moreover, some LASIK companies work with insurance providers and certain large employers to provide LASIK discounts to their employees and CareCredit (a healthcare credit card) that covers all medical expenses, including LASIK eye surgery. These easy payment plans offered by LASIK companies fosters the market growth making LASIK as the most preferred surgery.

However, this revolutionary technique has a minor downside that is, its technical complexity. Which sometimes presents challenges to the doctors performing this surgery, while creating the flap. This can result in to damaging the vision permanently. But the good news is LASIK can rarely cause loss of “best” vision.

Worldwide LASIK Eye Surgery Market – Competitive Landscape

The market of LASIK Eye Surgery appears to be fiercely competitive & fragmented owing to the presence of numerous matured & small key players accounting for a substantial market share. These market players try to gain competitive advantage through strategic partnership, acquisition, expansion, collaboration, product & technology launch. They invest heavily in the R&D to develop a technology that is completely on a different level compared to their competition.

Industry, Innovation & Related News

February 27, 2018 – The LASIK Vision Institute (US), a leading provider of LASIK surgery, announced opening of a new center in Duluth, Georgia. The new facility will be featuring topography-guided LASIK technology, the latest in FDA-approved technology for this procedure.

February 14, 2018 – The Omaha Eye & Laser Institute (US) a Pioneer in LASIK & other Laser surgeries & of Eye Care announced that now the institute is also specialized in iLASIK (Customized Bladeless)   – considered as one of the most advanced forms of fully-customized , Lasik Laser Vision Correction

February 20, 2018 – Lehigh Valley Center (US) one of the leading eye care centre & LASIK Specialists announced the availability of IntraLase/Bladeless LASIK Eye Surgery.

Worldwide LASIK Eye Surgery Market – Segments

For an easy grasp and enhanced understanding; the report LASIK Eye Surgery Market is segmented in to 4 Key dynamics

By Vision Errors : Comprises – Hyperopia, Myopia, Astigmatism and other.

By Types             : Wavefront-guided, Wavefront optimized, topography guided and all lasers.

By End Users      : Hospitals, eye care clinic, LASIK center and other.

By Regions                    :  North America, Europe, APAC and Rest of the World.

Worldwide LASIK Eye Surgery Market – Geographical Analysis

North America market dominates the global LASIK eye surgery market with the significant market share. The market is further expected to reach astronomical amounts growing at a substantial CAGR throughout the forecast period (2016-2022).

Europe & Asia Pacific is the second & third largest market respectively in the global LASIK eye surgery market. Expected to be a fastest growing market Asia pacific region is estimated to grow rapidly over the projected period.

Key Players:

Nidek, Inc., AMO Manufacturing USA LLC, Abbott Inc., Carl Zeiss, Inc., Alcon Laboratories, Inc., Lasersight Technologies. Inc. and Bausch & Lomb Surgical, Inc. are some of the leaders driving the Global LASIK Eye Surgery Market. Profiling those in its analysis MRFR finds out their strategies placing them at the forefront of completion.

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