EYE ANATOMICAL MODEL MARKET ANALYSIS

Market Challenges And Opportunities

Market Dynamics

Rising number of ophthalmic diseases leading to increasing patient consultation and number of ophthalmic surgeries is expected to propel growth of eye anatomical model market in near future, as these models would be used increasingly by doctors and healthcare staff to provide information to their respective patients. According to latest global blindness and vision impairment figures published by IAPB Vision Atlas in 2017, 1.1 billion people suffer with vision impairment and can be cured with the help of spectacles. Moreover, according to The International Agency for the Prevention of Blindness (IAPB) 2017, 89% of the visually impaired patients are residents of low and middle income countries. This leads to rising demand for demonstration models such as eye anatomical models to explain the patients about disease condition and spread awareness, mostly in these regions with low literacy rates. Additionally, rising number of optometry schools and institutes are also responsible for growth of eye anatomical model market. For instance, according to Joint Legislative Education Oversight Committee, 21 new optometry schools received registration in 2014 in the U.S. with over 13,000 new student enrollments. However, availability of substitutes such as charts and information cards are expected to hinder the market growth.