Global Ophthalmology Devices Market is Expected to Reach USD 18,286.4 Million in 2018: Transparency Market Research

Global Ophthalmology Devices Market is Expected to Reach USD 18,286.4 Million in 2018: Transparency Market Research PR Newswire ALBANY, New York, September 11, 2012 ALBANY, New York, September 11, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Ophthalmology Devices Market - Global Scenario, Trends, Industry Analysis, Size, Share & Forecast, 2011 - 2018", the global ophthalmology market was worth USD 12,925.6 million in 2011 and is expected to reach USD 18,286.4 million in 2018, growing at a CAGR of 5.1% from 2011 to 2018. Globally, the U.S. is expected to maintain its lead position in terms of revenue till 2018. The U.S. is estimated to enjoy 32.8% of global ophthalmology devices market share in year 2018. Brazil, Mexico, China and Indian markets are expected to grow with double digit growth rate during the forecast period. Browse the full report at http://www.transparencymarketresearch.com/ophthalmology-devices- market.html The global ophthalmic devices market is driven by rise in aging population and increase in number of cases reporting eye disorders. Even rise in number of diseases which are associated with vision or retinal disorders, such as diabetes, are contributing to the growth in demand for advanced ophthalmic devices. With the growth supported from developing economies, the global ophthalmology market is expected to reach a market size worth USD 18,286.