Technological advancements in ophthalmic equipment and digitalization of diagnosis will shift the conventional diagnosis to a cutting-edge level of diagnosis. Characteristics such as time savings and precise diagnosis are some of the key elements for the growth of ophthalmic diagnostic equipment market. Moreover, intensification of researches for development of effective and affordable equipment, ophthalmic diagnostic technology is taking a step ahead in the diagnosis and research sectors.
Apart from this, automation of diagnosis test reduces time and cost and caters precise outputs, thus gaining trust of ophthalmologists and consumers across the globe.
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The ophthalmic diagnostic equipment market is estimated to be one of the fastest growing markets across the globe. The successive implementation of IT in healthcare sectors is the dynamic factor for ophthalmic diagnostic equipment industry. These equipment are used to detect eye related diseases such as cataract, age related macular degeneration.
Moreover, intensification of researches for development of effective and affordable equipment, ophthalmic diagnostic technology is taking a step ahead in the diagnosis and research sectors.
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The market of ophthalmoscope segment is predicted to witness a significant growth in near future, owing to cost-effectiveness and high accuracy of the equipment. Rising preferences by ophthalmologists towards affordable and cost-effective diagnostic equipment is one of the major driving factors for growth of ophthalmoscope equipment.
North America accounted for the largest market share of 32.1% in 2015 in the revenue of ophthalmic diagnostic equipment market globally. The market of North America region is expected to continue its dominance over the forecast period owing to rising demand for eminence diagnostics and introduction of effective re-imbursement policies across the region.
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