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ALCON LEADS EUROPEAN
DIAGNOSTIC AND INTERVENTIONAL
OPHTHALMIC DEVICE MARKET BY
SPECIALIZING IN MULTIPLE
CAPITAL EQUIPMENT SEGMENTS
IDATA RESEARCH INC.
NOVEMBER 2016
EUROPEAN MARKET REPORT SUITE FOR INTERVENTIONAL
OPTHALMIC DEVICES
IDATA RESEARCH INC.
$ 3. 7 BILLION
BY 2023
The market for European diagnostic and
interventional ophthalmic devices is expected to
exceed €2 billion by 2023; corrective eye surgeries
are responsible for a large portion of the growth
of the market.
IDATA RESEARCH INC.
MARKET
CONSOLIDATION
A major trend in the ophthalmic market is the consolidation of multiple pieces of
equipment into a single device. This is being driven by a desire to increase space and cost
effectiveness of devices for ophthalmologists. This is clearly being seen in the optical
coherence tomography (OCT) market where we are noticing devices sold with other
modalities attached to them such as: fundus cameras, scanning laser ophthalmoscopes,
fluorescein angiography devices and more.
IDATA RESEARCH INC.
LEADING
COMPETITORS
Alcon’s strong position in the markets for surgical equipment gives the company an
advantage when it comes to the sale of consumable products. Having equipment in the
operating room (OR) means that Alcon representatives maintain close relationships with
surgeons. While representatives are in the operating room to perform upgrades and
maintenance, they are able to assess their clients’ needs and recommend additional
solutions. This generates an opportunity to discuss consumable products on a more
frequent basis.
“ THE FASTEST GROWING SEGMENT IN THE
DIAGNOSTIC AND INTERVENTIONAL
OPHTHALMIC DEVICES MARKET IS THE
PHACOEMULSIFICATION CONSOLE MARKET.
THE MARKET IS EXPECTED TO GROW
BECAUSE OF DEMAND PLACED BY THE
INCREASING PREVALENCE OF CATARACTS. ”
IDATA RESEARCH INC.
- - KAMRAN ZAMANIAN ( IDATA RESEARCH INC. CEO)
“ MOREOVER, THE AVERAGE SELLING PRICE OF THESE MACHINES WILL
RISE SLIGHTLY DUE TO THE INCORPORATION OF TECHNOLOGICAL
INNOVATIONS. ”
VISIT
IDATARESEARCH. COM
FOR MORE INFORMATION
IDATA RESEARCH INC.
NOVEMBER 2016
EUROPEAN MARKET REPORT SUITE FOR INTERVENTIONAL
OPTHALMIC DEVICES

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Alcon Leads European Diagnostic and Interventional Ophthalmic Device Market by Specializing in Multiple Capital Equipment Segments

  • 1. ALCON LEADS EUROPEAN DIAGNOSTIC AND INTERVENTIONAL OPHTHALMIC DEVICE MARKET BY SPECIALIZING IN MULTIPLE CAPITAL EQUIPMENT SEGMENTS IDATA RESEARCH INC. NOVEMBER 2016 EUROPEAN MARKET REPORT SUITE FOR INTERVENTIONAL OPTHALMIC DEVICES
  • 2. IDATA RESEARCH INC. $ 3. 7 BILLION BY 2023 The market for European diagnostic and interventional ophthalmic devices is expected to exceed €2 billion by 2023; corrective eye surgeries are responsible for a large portion of the growth of the market.
  • 3. IDATA RESEARCH INC. MARKET CONSOLIDATION A major trend in the ophthalmic market is the consolidation of multiple pieces of equipment into a single device. This is being driven by a desire to increase space and cost effectiveness of devices for ophthalmologists. This is clearly being seen in the optical coherence tomography (OCT) market where we are noticing devices sold with other modalities attached to them such as: fundus cameras, scanning laser ophthalmoscopes, fluorescein angiography devices and more.
  • 4. IDATA RESEARCH INC. LEADING COMPETITORS Alcon’s strong position in the markets for surgical equipment gives the company an advantage when it comes to the sale of consumable products. Having equipment in the operating room (OR) means that Alcon representatives maintain close relationships with surgeons. While representatives are in the operating room to perform upgrades and maintenance, they are able to assess their clients’ needs and recommend additional solutions. This generates an opportunity to discuss consumable products on a more frequent basis.
  • 5. “ THE FASTEST GROWING SEGMENT IN THE DIAGNOSTIC AND INTERVENTIONAL OPHTHALMIC DEVICES MARKET IS THE PHACOEMULSIFICATION CONSOLE MARKET. THE MARKET IS EXPECTED TO GROW BECAUSE OF DEMAND PLACED BY THE INCREASING PREVALENCE OF CATARACTS. ” IDATA RESEARCH INC. - - KAMRAN ZAMANIAN ( IDATA RESEARCH INC. CEO) “ MOREOVER, THE AVERAGE SELLING PRICE OF THESE MACHINES WILL RISE SLIGHTLY DUE TO THE INCORPORATION OF TECHNOLOGICAL INNOVATIONS. ”
  • 6. VISIT IDATARESEARCH. COM FOR MORE INFORMATION IDATA RESEARCH INC. NOVEMBER 2016 EUROPEAN MARKET REPORT SUITE FOR INTERVENTIONAL OPTHALMIC DEVICES