Market dynamics and growth projections
The German eye care market is poised for significant expansion. The combined sector is projected to grow from an estimated value of $2.5 billion in 2024 to $12.4 billion by 2035 , achieving a substantial Compound Annual Growth Rate (CAGR) of approximately 15.671% over the forecast period.
Main market segments (2024 assessment):
Ophthalmic devices: $1.5 billion
Ophthalmic drugs: US$1.0 billion
Main growth drivers in Germany
High prevalence of eye diseases: Germany, with its aging population, faces a rising incidence of age-related chronic eye diseases such as glaucoma, cataracts, and age-related macular degeneration (AMD) , necessitating continued demand for advanced treatments.
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