(MENAFN- America News Hour)
Kenneth Research, in its repository of market research reports, have recently added a report on Customized Medical Amblyopia Therapeutic Apparatus Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Customized Medical Amblyopia Therapeutic Apparatus Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Customized Medical Amblyopia Therapeutic Apparatus Market products.
Get a Sample Copy of this Report with Graphs and Charts: >>
Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
“ Global Spending on Health: A World in Transition ”, released in theyear 2019 by the World Health Organization (WHO), the global spending on healthcare recorded USD 7.8 trillion in 2017, which was an increase by USD 0.2 trillion from the recorded value of USD 7.6 trillion in 2016.
Recently, a significant growth in healthcare spending have been observed in the low- and middle-income nations. In the middle-income nations, healthcare spending rose by 6.3% a year between 2000 and 2017, while the economy rose by 5.9% a year. Additionally, health spending in low-income countries also observed a growth by 7.8% a year in the same period. The growth in the healthcare spending of these nations can be attributed to the increasing focus of the governments in these nations to meet the laid down targets of the Sustainable Development Goals (SDGs) of 2030. Such factors are anticipated to drive the growth of the CUSTOMIZED MEDICAL AMBLYOPIA THERAPEUTIC APPARATUS MARKET during the forecast period.
Amblyopia Therapeutic Apparatus is a device which is used in the treatment of Amblyopia, also called 'Lazy Eye'. Amblyopia is abnormal development of vision in infancy or childhood where vision decreases in one or both eyes. As the nerve pathways between the brain and eye are not stimulated properly while birth, it results in loss of vision. The brain learns to see blurry images with the amblyopic eye even when glasses are used. The customized medical amblyopia therapeutic apparatus market is expected to grow steadily due to the global burden of COVID-19. As, the pandemic forced manufacturers of the for Medical Amblyopia Therapeutic Apparatus market to suspend their company activities in order to comply with the latest government regulations. This break in activities directly impacts the flow of revenue in the global customized medical amblyopia therapeutic apparatus market. . Whereas, growth in expenditure incurred in healthcare equipment and technology will propel the growth of market. In addition, the increasing prevalence of impairments or blindness incidence across the globe is driving the growth of market over the forecast years. For instance: as per World Health Organization 2019, over 2.2 billion people across the globe have a vision impairment or blindness, of whom at least 1 billion have a vision impairment that could have been prevented or has yet to be addressed. Also, the favorable government initiatives taken regarding treatment of several eye diseases in Children or Adolescents population across the globe is expected to create lucrative opportunity for the growth of market over the forthcoming period.
The regional analysis of global Customized Medical Amblyopia Therapeutic Apparatus market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing growth in healthcare expenditure and technological advancement. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising population of children suffering from amblyopia would create lucrative growth prospects for the Customized Medical Amblyopia Therapeutic Apparatus market across Asia-Pacific region.
Major market player included in this report are:
Medtronic
Insulet
Animas
Microlife
Omron
Roche
Panasonic
Siemens
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Color Class Amblyopia Therapeutic Apparatus
Icon Class Amblyopia Therapeutic Apparatus
Comprehensive Amblyopia Therapeutic Apparatus
By Application:
Eye Hospital
Vision Recovery Centre
Enquire before purchasing this report –
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Customized Medical Amblyopia Therapeutic Apparatus Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Customized medical amblyopia therapeutic apparatus Market, by Region, 2018-2027 (USD Billion)
1.2.2. Customized medical amblyopia therapeutic apparatus Market, by Product, 2018-2027 (USD Billion)
1.2.3. Customized medical amblyopia therapeutic apparatus Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Customized medical amblyopia therapeutic apparatus Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Customized medical amblyopia therapeutic apparatus Market Dynamics
3.1. Customized medical amblyopia therapeutic apparatus Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Customized medical amblyopia therapeutic apparatus Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Customized medical amblyopia therapeutic apparatus Market, by Product
5.1. Market Snapshot
5.2. Global Customized medical amblyopia therapeutic apparatus Market by Product, Performance – Potential Analysis
5.3. Global Customized medical amblyopia therapeutic apparatus Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Customized medical amblyopia therapeutic apparatus Market, Sub Segment Analysis
5.4.1. Colour Class Amblyopia Therapeutic Apparatus
5.4.2. Icon Class Amblyopia Therapeutic Apparatus
5.4.3. Comprehensive Amblyopia Therapeutic Apparatus
Chapter 6. Global Customized medical amblyopia therapeutic apparatus Market, by Application
6.1. Market Snapshot
6.2. Global Customized medical amblyopia therapeutic apparatus Market by Application, Performance – Potential Analysis
6.3. Global Customized medical amblyopia therapeutic apparatus Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Customized medical amblyopia therapeutic apparatus Market, Sub Segment Analysis
6.4.1. Eye Hospital
6.4.2. Vision Recovery Centre
Request For The Sample Report Here:
About Kenneth Research:
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
Contact Us
Kenneth Research
Email:
Phone: +1 313 462 0609
Hannah Langford
MENAFN05082022004545010068ID1104650912
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.