UK: Ophthalmic services market to grow by 9.9% to 2015 says new report

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Tag:
Ophthalmic

Industrys:
Medical
• Eye
• Pharmaceutical

Location:
London City - London, Greater - UK

Oct. 11, 2011 - PRLog -- The report “Ophthalmic Goods & Services Update” available at
http://www.pharmaceutical-market-research.com/publications/treatments/eye/ophthalmic_goods_services.html
states that the ophthalmic goods sector comprises prescribed spectacles and contact lenses, while the ophthalmic services sector covers both public and private sight testing. Contact-lens care products and cleaning supplies are excluded from the analysis.

According to the 55 page report, the market for ophthalmic goods and services has been growing steadily in recent years, sustained by strong levels of government subsidy on eye care. The value of the market stood at an estimated £3bn at the end of 2010 and has grown by 14.1% since 2006.

In the ophthalmic goods sector, sales are dominated by spectacles, which accounted for 81.9% of all ophthalmic goods sold in 2010. The number of contact lens wearers, however, continues to increase, with an estimated 3.6 million people wearing contact lens in the UK in 2010.

The report forecasts that the UK market for ophthalmic goods and services will grow by 12% between 2011 and 2015, to a total of £3.44bn. The market for ophthalmic goods is expected to grow by 12.3% over the forecast period, to £2.93bn, with growth strongest in the spectacles sector. The ophthalmic services market is projected to grow by 9.9% over the forecast period, reaching £510m in 2015.

The report “Ophthalmic Goods & Services Update” is available from Piribo at:
http://www.pharmaceutical-market-research.com/publication...

Piribo product ID: KEY00252

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About Piribo.
Piribo http:www.piribo.com is the source for information products concerning the global biotechnology and pharmaceutical industries. Here you can browse and buy thousands of business information studies, market reports and books.
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Source:Joe Walsh
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Tags:Ophthalmic
Industry:Medical, Eye, Pharmaceutical
Location:London City - London, Greater - United Kingdom
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