The global ophthalmic devices market valued at USD 20.5 billion in 2025, is projected to reach USD 39.1 billion by 2033, driven by a compound annual growth rate (CAGR) of 8.6% from 2026 to 2033, driven by the rising prevalence of vision-related disorders, increasing geriatric population, and rapid technological advancements in diagnostic and surgical equipment. According to a recent report by Grand View Research, the market is projected to expand steadily over the coming years as demand for early diagnosis and minimally invasive eye treatments continues to rise worldwide. Growing Burden of Eye Disorders Driving Demand The increasing incidence of cataracts, glaucoma, diabetic retinopathy, and age-related macular degeneration is a primary factor fueling market expansion. With aging populations in both developed and emerging economies, the need for advanced ophthalmic care is growing rapidly. Cataract surgeries, in particular, remain one of the most commonly performed ...
The global Mining Automation Market is witnessing steady expansion as mining companies intensify efforts to enhance safety, productivity, and operational efficiency. According to a recent report by Grand View Research, the market is projected to grow at a healthy CAGR through 2030, driven by rising demand for critical minerals, increasing labor shortages, and rapid advancements in autonomous and AI-enabled technologies. As global economies transition toward electrification and renewable energy infrastructure, demand for metals such as copper, lithium, nickel, and cobalt continues to surge. Mining operators are under mounting pressure to scale production while maintaining strict environmental and safety standards. Automation has emerged as a strategic solution - integrating autonomous haulage systems, teleoperated drilling, IoT-enabled monitoring, predictive analytics, and remote operation centers to streamline complex mining workflows. Market Drivers: Safety, Productivity & Co...