Amblyopia or lazy eye, is a vision impairment disorder in which one or both eyes have reduced or no vision. Amblyopia can begin during infancy or early childhood. Amblyopia requires detection and diagnosis early in childhood, which otherwise can lead to blindness during later life. It leads to reduced vision in one or both the eyes due to suppressed input from the brain. The most common cause of amblyopia could be a muscle imbalance or might be a refractive error in one or both eyes.Also, the other most common cause of amblyopia is if the infant is born with a cataract, which causes cloudy images.
MARKET DYNAMICS
The amblyopia market has shown a significant evolution over the forecast period.The rise of the Amblyopia market is majorly driven by the growing incidence of ophthalmological diseases such as cataracts, glaucoma, macular degeneration, and refractive errors. As per the reports published by the United Kingdom Statistics Authority, in 2015, around 15,900 people were registered as visually impaired. Moreover, according to the Journal of Ophthalmology, as of 2014, there were approximately 28 million visually impaired people in the European region. Moreover, there is increasing in the advancement of treatment and influencing the growth of the market. Moreover, the growing healthcare expenditures and the expanding population of the child are factors propelling the development of the market. Conversely, the lack of awareness and unavailability of effective treatment methods impedes the growth of the market.
MARKET SCOPE
The "Amblyopia Market Analysis to 2028" is a specialized and in-depth study of thehealthcare industry's medical device, with a specific focus on the global market trend analysis. This report provides an outline of the Amblyopia market with detailed market segmentation by type, diagnosis, and end-user. The amblyopia market isestimated to witness high growth during the forecast period. It focuses on the vital statistics on the leading players' market status in the Amblyopia market and offers key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based onthetype, diagnosis, and end user. Based on the type, the market is segmented as strabismus amblyopia, refractive amblyopia, deprivation amblyopia, and reverse amblyopia. Based on the diagnosis,the segmentationof the market is into visual acuity tests, photo screening, bruckner test, and others. Basedon end user,segmentation of the market is intohospitals,ophthalmicclinics, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both qualitative and quantitative information. It gives a sketch and forecast of the amblyopia market based onvarious segments.The report also comprises market size and forecast estimates from the year 2020 to2028with respect to five primary regions, namely; North America, Europe,Asia-Pacific (APAC), Middle East, and Africa (MEA), and South & Central America (SCAM). The Amblyopia market by each region is then sub-segmented into respective countries and segments. It provides the analysis and forecast of 18 countriesworldwide and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the amblyopia market from both the demand and supply sides. Moreover, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also comprises a precise PEST analysis for all five regions, namely, North America, APAC,Europe, MEA, and South & Central America, after assessing political, social, economic,and technological factors affecting the Amblyopia market in these regions.
MARKET PLAYERS
The report contains critical developments in the Amblyopia market as inorganic and organic growth strategies. Multiple companies are pivoting on organic growth strategies like product approvals, product launches, and others, such aspatents andevents. Inorganic growth strategies noticed in the market were collaborations and acquisitions &partnerships. Many such activities have paved the path for the elaboration of the business and customer base of market players. The market players from the Amblyopia market are estimated to have profitable growth opportunities in the coming years with the higher demand for Amalgam carriers in the global market. Mentioned below is the list of a few companies engaged in the Amblyopia market.
The report also provides key players' profiles in the amblyopia market, along with their SWOT analysis and market strategies. Moreover, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided,critical development in the past five years.
- Amblyoptica (Holding) Pty Ltd
- Vivid Vision, Inc.
- CooperVision
- Carl Zeiss AG
- HOYA VISION CARE COMPANY
- Fresnel Prism and Lens Co.
- Novartis AG
- Bausch & Lomb
- REBIScan, Inc.
- Johnson & Johnson Vision
The Insight Partner's dedicated research and the analytical team consists of experienced professionals with advanced statistical expertise and provides various customization options in the existing study.