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Japanese Markets for Ophthalmic Devices
Japanese markets for ophthalmic devices
Millennium Research Group, A Decision Resources, Inc. Company

The Japanese market for ophthalmic devices was worth over $350 million in 2004. This market consisted of devices for the treatment of various ophthalmic conditions including cataracts, refractive error, retinal conditions, and glaucoma. Devices covered in this report comprise intraocular lenses (IOLs), viscoelastics, ophthalmic lasers, photorefractive surgery units and per-procedure kits, phacoemulsification consoles, vitrectomy consoles, and keratomes and blades.

Although rising procedure volumes for all conditions are driving the need for medical devices, overall revenue growth will fall. The steady drop in market value can be attributed to decreasing average selling prices (ASP) due to the effects of reimbursement constraints and increasing product commoditization. Combined, these factors will overwhelm the ...

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