#Phacoemulsification System Market Growth
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#Phacoemulsification System Market#Phacoemulsification System Market Trends#Phacoemulsification System Market Growth#Phacoemulsification System Market Industry#Phacoemulsification System Market Research#Phacoemulsification System Market Report
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Ophthalmic Devices Market Size, Share, Demand and Growth
The ophthalmic devices market comprises a wide range of medical devices used in the diagnosis, treatment, and management of various eye conditions and diseases. These devices are crucial for ophthalmologists, optometrists, and other eye care professionals in delivering quality eye care to patients.
Key segments within the ophthalmic devices market include:
Diagnostic and Imaging Devices:This category includes devices such as optical coherence tomography (OCT), fundus cameras, tonometers, autorefractors, keratometers, and visual field analyzers. These devices aid in the diagnosis and monitoring of eye conditions like glaucoma, macular degeneration, diabetic retinopathy, and other retinal diseases.
Surgical Devices:Surgical devices used in eye surgeries include phacoemulsification systems for cataract surgery, ophthalmic lasers (used in procedures like LASIK or for treating retinal conditions), vitrectomy machines, intraocular lenses (IOLs), and microsurgical instruments.
Vision Care Products:This segment covers contact lenses, spectacles, and other vision correction devices used to correct refractive errors like myopia, hyperopia, astigmatism, and presbyopia.
Ophthalmic Accessories and Consumables:These include items like eye drops, solutions, diagnostic strips, and other consumables used in eye care procedures and treatments.
The market for ophthalmic devices is driven by several factors, including the increasing prevalence of eye diseases such as cataracts, glaucoma, and age-related macular degeneration due to aging populations worldwide. Technological advancements in these devices, leading to more precise diagnostics and minimally invasive surgical procedures, also contribute to market growth. Additionally, the growing demand for vision correction procedures and increasing awareness regarding eye health and the availability of treatments are fueling the expansion of this market.
Key players in the ophthalmic devices market include Alcon (a subsidiary of Novartis), Bausch + Lomb, Carl Zeiss Meditec, Johnson & Johnson Vision Care, Topcon Corporation, NIDEK Co., Ltd., and Haag-Streit AG, among others.
The ophthalmic devices market is dynamic and competitive, characterized by ongoing research and development aimed at introducing innovative technologies to improve patient outcomes and enhance the efficiency of eye care procedures. Regulatory considerations, reimbursement policies, and advancements in digital health and teleophthalmology are also influencing the growth trajectory of this market.
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Find the Best Ophthalmic Equipment Sales
The field of ophthalmology relies heavily on advanced equipment to diagnose, treat, and manage various eye conditions. Ophthalmic equipment plays a vital role in providing accurate assessments, improving surgical outcomes, and delivering optimal patient care. In recent years, the ophthalmic equipment sales market has experienced significant growth due to technological advancements, an aging population, and an increasing prevalence of eye disorders. This article delves into the current trends and market analysis of ophthalmic equipment sales.
Technological Advancements Driving Market Growth
The ophthalmic equipment industry has been propelled forward by rapid technological advancements, revolutionizing the way eye care professionals diagnose and treat patients. Several key technological developments have contributed to the surge in equipment sales:
Optical Coherence Tomography (OCT): OCT has become a cornerstone imaging technique in ophthalmology. It provides high-resolution, cross-sectional images of ocular structures, enabling accurate diagnosis and monitoring of conditions such as glaucoma, age-related macular degeneration (AMD), and diabetic retinopathy.
Femtosecond Lasers: The advent of femtosecond laser technology has transformed cataract and refractive surgeries. These lasers allow for precise corneal incisions, capsulotomy, and lens fragmentation, resulting in improved surgical outcomes and faster patient recovery.
Phacoemulsification Systems: Phacoemulsification systems have revolutionized cataract surgery by emulsifying and removing the clouded lens. Recent advancements have made these systems more efficient, safer, and capable of handling complex cases.
Diagnostic Devices: Advanced diagnostic devices such as autorefractors, tonometers, and visual field analyzers have become indispensable for routine eye examinations and disease detection. These devices offer quick and accurate measurements, facilitating early intervention and treatment.
Market Analysis and Growth Factors
The global ophthalmic equipment sales market has witnessed significant growth and is projected to continue expanding in the foreseeable future. Several factors contribute to this growth:
Increasing Prevalence of Eye Disorders: As the global population ages and lifestyles change, the prevalence of eye disorders, including cataracts, glaucoma, and AMD, has risen. This increased prevalence has created a higher demand for ophthalmic equipment to enable early diagnosis and effective treatment.
Growing Awareness and Access to Eye Care: Greater awareness about the importance of regular eye examinations and improved access to healthcare services have driven the demand for ophthalmic equipment. Governments and healthcare organizations are focusing on eye health initiatives, leading to increased sales of ophthalmic equipment.
Technological Advancements: The continuous advancements in ophthalmic technology have fueled market growth. Eye care professionals are adopting these innovative devices to enhance patient care and outcomes, thereby driving the sales of ophthalmic equipment.
Emerging Markets: Developing countries are experiencing significant economic growth, resulting in an expansion of their healthcare infrastructure. These markets present substantial opportunities for ophthalmic equipment sales as they strive to improve eye care services and address the growing burden of eye diseases.
The ophthalmic equipment sales market is experiencing steady growth, primarily driven by technological advancements. Sales representatives of firms that make ophthalmic equipment are crucial in informing eye care professionals about the advantages of utilizing their products and in offering training and support services. Ophthalmic equipment sales have certain difficulties, but they are outweighed by the advantages, and the sector is still developing to suit the varying demands of patients and eye care professionals.
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Ophthalmic Equipment Market Trends, Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2027
Ophthalmic Equipment Market Trends, Revenue Forecast, Competitive Landscape, Growth Factors and Research Report: Product (Ophthalmology Surgical Devices, Vitreoretinal Surgical Devices, Refractive Surgical Devices, &Diagnostic & Monitoring Devices), Application, End-User (Ophthalmology Clinics)
The global ophthalmic equipment market is segmented on the basis of product, application, and end-user.
The market in Asia Pacific is expected to grow rapidly in the coming years. Based on a detailed study and analysis, it is found that this region has a good growth potential due to the increasing unhealthy eating habits and unhygienic conditions. Major factors driving the market are increasing geriatric population and increasing healthcare expenditure. On the other hand, low awareness in developing and underdeveloped regions regarding ophthalmic diseases may hamper the market growth during the forecast period.
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Segmentation
On the basis of product, the market is segmented into vision care devices, ophthalmology surgical devices, diagnostic and monitoring devices, and others. Vision care devices a segmented into spectacles and contact lens. Contact lenses are further segmented into soft contact lenses, Rigid Gas Permeable lenses (RGP), and hybrid contact lenses. Ophthalmology surgical devices are segmented into cataract surgical devices, vitreoretinal surgical devices, refractive surgical devices, glaucoma surgical devices, ophthalmic microscopes, ophthalmic accessories, and others. Cataract surgical devices are further segmented into Intraocular Lenses (IOLS), Ophthalmic Viscoelastic Devices (OVDS), phacoemulsification devices, cataract surgical lasers, and others. The vitreoretinal surgical devices segment is further segmented into vitreoretinal packs, vitrectomy machines, photocoagulation lasers, illumination devices, vitrectomy probes, and others. The refractive surgical devices segment is further segmented into femtosecond lasers, excimer lasers, and others. Glaucoma surgical devices are further segmented into Glaucoma Drainage Devices (GDDS), and micro-invasive glaucoma surgical devices. Ophthalmic accessories are further segmented into surgical instruments and kits, ophthalmic forceps, ophthalmic spatulas, ophthalmic tips and handles, ophthalmic scissors, macular lenses, ophthalmic cannulas, and others. Diagnostic and monitoring devices are segmented into optical coherence tomography scanners, fundus cameras, perimeters/visual field analyzers, autorefractors and keratometers, ophthalmic ultrasound imaging systems, tonometers, slit lamps, phoropters, wavefront aberrometers, optical biometry systems, ophthalmoscopes, lensmeters, corneal topography systems, chart projectors, specular microscopes, retinoscopes, and others. Ophthalmic ultrasound imaging systems are further segmented into ophthalmic A-scan ultrasound, ophthalmic b-scan ultrasound, ophthalmic ultrasound biomicroscopes, and ophthalmic pachymeters.
On the basis of application, the market is segmented into glaucoma, amblyopia, cataract, retinal detachment, and others.
On the basis of end-user, the market is segmented into hospitals, ophthalmology clinics, diagnostic centers, research centers, and others.
Regional Analysis
The Americas dominates the global ophthalmic equipment market owing to the increasing prevalence of ophthalmic diseases and presence of a well-developed healthcare sector within the region. Moreover, the increasing healthcare expenditure and presence of key players within the regional boundaries provide a favorable background for the market growth.
Europe is the second largest in the global ophthalmic equipment market. Factors such as the increasing availability of funds for research and a huge patient population followed by a well-developed healthcare sector drive the market within the region.
Asia Pacific is estimated to be the fastest growing market for ophthalmic equipment. This can be attributed to the presence of developing economies such as India and China and a huge patient population suffering from ophthalmic diseases. Moreover, the increasing healthcare expenditure and a rapidly developing healthcare sector boost the market growth within the region.
On the other hand, the Middle East and Africa has the least share in the global ophthalmic equipment market due to the low per capita healthcare expenditure and stringent government policies, especially within the African region. It is estimated that the Middle East holds a majority of the market within the Middle Eastern and African region.
Key Players
Some of the key players in this market are Alcon (U.S.), Bausch & Lomb (U.S.), Carl Zeiss Meditec (Germany), Johnson & Johnson (U.S.), Essilor International S.A. (France), Haag-Streit (Switzerland), Nidek (Korea), Staar Surgical (U.S.), Topcon Corporation (Japan), Ziemer Ophthalmic Systems (Switzerland), Hoya Corporation (Japan), Ridex Corporation (U.S.), and others.
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Ocular Surgery Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2021-2028
Eye surgery, also known as ocular surgery, is surgery performed on the eye or its adnexa by an ophthalmologist. The eye is a delicate organ that requires special care before, during, and after surgery to limit or prevent further damage.
Increasing R&D activities for the development of technologically advanced ocular surgery products are expected to drive ocular surgery market growth during the forecast period. For example, in July 2021, Johnson & Johnson Vision, a subsidiary of Johnson & Johnson Services, Inc. based in the United States, announced the release of its new VERITAS Vision System, a next-generation phacoemulsification system that can be used by eye surgeons all over the world to perform safe and highly efficient cataract surgery.
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Ophthalmic Surgical Technologies Market : Global Market Revenue and Share by Manufacturers
The global market for ophthalmic surgical technologies is a highly competitive in nature with a large number of players operating in it across the globe, states a new market intelligence report by Transparency Market Research. The key players operating in the market across the globe are Bausch & Lomb Inc., Essilor, Johnson and Johnson, Hoya Corporation, Carl Zeiss Meditek AG., STAAR Surgical, Topcon Corporation, Alcon Laboratories, and Nidek. The rapid development of the healthcare segment and the technological advancements in this field are the major factors that are enhancing the growth of the market and generate potential growth opportunities for the market players across the globe. In addition to this, the rising number of strategic collaborations and mergers and acquisitions is predicted to enhance the growth of the overall market in the coming few years.
As per the market research study by Transparency Market Research, in 2017, the global market for ophthalmic surgical was worth US$973.4 mn and is estimated to reach a value of US$1,290.5 mn by the end of 2022. The market is projected to register a healthy 5.80% CAGR between 2017 and 2022.
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Asia Pacific and Europe to Witness High Growth in Coming Years
The global ophthalmic surgical technologies market has been divided on the basis of geography into North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these mentioned segments, North America is estimated to witness a strong growth in the next few years, thanks to the presence of several key players that are operating in this region. This region is likely to maintain its dominance in the next few years. Furthermore, Asia Pacific and Europe are projected to hold a significant share of the overall market in the next few years. The growing investments in the healthcare sector and the rising focus on the research and development activities are projected to encourage the growth of these two regions in the next few years.
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The global market for ophthalmic surgical technologies has been categorized on the basis of product types into excimer laser systems, femtosecond systems, YAG laser systems, phacoemulsification systems, and others. Among these, the femtosecond systems segment led the global market and is projected to remain in the leading position in the next few years. As per the research study, this segment is predicted to hold a share of around 27.3% of the global market and further register a 5.20% CAGR between 2017 and 2022.
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Technological Developments in Healthcare Sector to Encourage Market Growth
The rising geriatric population around the world and the high growth of the healthcare sector are some of the key factors that are projected to encourage the growth of the global ophthalmic surgical technologies market throughout the forecast period. In addition to this, the rising awareness among consumers regarding eye care and the availability of advanced technologies are estimated to enhance the growth of the overall market in the next few years. Furthermore, the favorable regulatory environment and the rising government support are projected to accelerate the growth of the market in the next few years.
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This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Ophthalmic Surgical Technologies Market (Type – Femtosecond Systems, Excimer Laser Systems, YAG Laser Systems, Phacoemulsification Systems; Surgery Type – Cataract Surgery, Refractive Surgery, Glaucoma Surgery, Retinal Surgery; End Use – Hospitals, Eye Care Centers, ASCs) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”
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Global and Regional Cataract Surgery Devices Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report Standard Version 2021-2027
The research team projects that the Cataract Surgery Devices market size will grow from XXX in 2020 to XXX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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By Market Players:
Abbott Laboratories
Topcon Corporation
Essilor International S.A.
Novartis AG
Nidek Co., Ltd.
Carl Zeiss Meditec AG
Ziemer Ophthalmic Systems AG
Johnson & Johnson
HAAG-Streit Holding AG
Valeant Pharmaceuticals International, Inc.
Allergan Inc.
Lenstec, Inc.
HumanOptics AG
Glaukos Corporation
VisionCare Ophthalmic Technologies, Inc.
EyeKon Medical, Inc.
PhysIOL S.A.
STAAR Surgical Company
Essilor International S.A.
Calhoun Vision Cente
Sonomed Escalon
By Type
Intraocular Lens (IOL)
Ophthalmic Viscoelastic Device (OVD)
Phacoemulsification Equipment
By Application
Hospitals
Ophthalmology Clinics
Ambulatory Surgery Centers
By Regions/Countries:
North America
United States
Canada
Mexico
East Asia
China
Japan
South Korea
Europe
Germany
United Kingdom
France
Italy
Russia
Spain
Netherlands
Switzerland
Poland
South Asia
India
Pakistan
Bangladesh
Southeast Asia
Indonesia
Thailand
Singapore
Malaysia
Philippines
Vietnam
Myanmar
Middle East
Turkey
Saudi Arabia
Iran
United Arab Emirates
Israel
Iraq
Qatar
Kuwait
Oman
Africa
Nigeria
South Africa
Egypt
Algeria
Morocoo
Oceania
Australia
New Zealand
South America
Brazil
Argentina
Colombia
Chile
Venezuela
Peru
Puerto Rico
Ecuador
Rest of the World
Kazakhstan
Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of Cataract Surgery Devices 2016-2021, and development forecast 2022-2027 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2020.
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2021 & Sales by Product Types.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2022-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Market Analysis by Product Type: The report covers majority Product Types in the Cataract Surgery Devices Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD).
Markat Analysis by Application Type: Based on the Cataract Surgery Devices Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Cataract Surgery Devices market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
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Table of content
Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.4.1 North America Market States and Outlook (2022-2027) 1.4.2 East Asia Market States and Outlook (2022-2027) 1.4.3 Europe Market States and Outlook (2022-2027) 1.4.4 South Asia Market States and Outlook (2022-2027) 1.4.5 Southeast Asia Market States and Outlook (2022-2027) 1.4.6 Middle East Market States and Outlook (2022-2027) 1.4.7 Africa Market States and Outlook (2022-2027) 1.4.8 Oceania Market States and Outlook (2022-2027) 1.4.9 South America Market States and Outlook (2022-2027) 1.5 Global Cataract Surgery Devices Market Size Analysis from 2022 to 2027 1.5.1 Global Cataract Surgery Devices Market Size Analysis from 2022 to 2027 by Consumption Volume 1.5.2 Global Cataract Surgery Devices Market Size Analysis from 2022 to 2027 by Value 1.5.3 Global Cataract Surgery Devices Price Trends Analysis from 2022 to 2027 1.6 COVID-19 Outbreak: Cataract Surgery Devices Industry Impact Chapter 2 Global Cataract Surgery Devices Competition by Types, Applications, and Top Regions and Countries 2.1 Global Cataract Surgery Devices (Volume and Value) by Type 2.1.1 Global Cataract Surgery Devices Consumption and Market Share by Type (2016-2021) 2.1.2 Global Cataract Surgery Devices Revenue and Market Share by Type (2016-2021) 2.2 Global Cataract Surgery Devices (Volume and Value) by Appl
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Cataract Surgery Devices Market Global Forecast up to 2026
A cataract is a disorder related to the eye in which clouding of the eye lens is observed, which results in permanent vision loss. Cataract surgery is the removal of the clouded natural lens and includes insertion of the intraocular lens. Generally, the treatment includes replacing the natural lens with an artificial lens that helps restore a vision of the eye. Eradicating the cataract by surgery is the only option to restore vision and see the world again. The growing geriatric population and technological advancements are the principal factors that will propel the growth of the cataract surgery devices market in the coming future. The rising awareness among people regarding eye disease will also increase the market demand in the coming years. The rise in the population aged 60 and above will increase the prevalence of the disease, therefore enhancing the treatment rate, which would fuel the market growth. On the contrary, the shortage of skilled professionals and limited awareness regarding cataract disorders, majorly in developing countries, limit the growth of the cataract surgery devices market. TheCataract Surgery Devices Market is estimated to grow at the rate of 4.9% CAGR by 2026.
Cataract Surgery Devices Market based on Product
Intraocular Lens (IOL)
Ophthalmic Viscoelastic Device (OVD)
Femtosecond Laser Equipment
Phacoemulsification Equipment
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Cataract Surgery Devices Market based on End-Users
Hospitals & Clinics
Ophthalmology Centers
Cataract Surgery Devices Market based on Geography
North America
Europe
Asia Pacific
Rest of the World
As in the cataract surgery devices market based on product, the market products include Intraocular Lens (IOL), Ophthalmic Viscoelastic Device (OVD), Femtosecond Laser Equipment, and Phacoemulsification Equipment. Among them, the intraocular lens segment is expected to have the largest share in the market. This is due to the several products providing different cost ranges offered by local and global manufacturers. Moreover, the increasing demand for the intraocular lens from the various developed countries is also augmenting the segment growth.
As per the market by end-users, the market is furcated into hospitals & clinics and ophthalmology centers. The hospitals & clinics segment holds the largest share of the cataract surgery devices market. The maximum share is majorly ascribed to the rising number of cataract eye disorders worldwide, which will increase the number of surgeries in hospitals and clinics. Few factors such as improving healthcare infrastructure in emerging countries and the growth in the number of advanced healthcare facilities are estimated to fuel the adoption of cataract surgery devices in hospitals and clinics, propelling the growth of this segment over the forecast period.
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North America is projected to lead the overall market share throughout the forecast period. The market growth is owing to the factors such as the high incidence of cataracts in the region, improved healthcare infrastructure, increased disposable income, beneficial reimbursement policies.
The cataract surgery devices market is significantly compelled by the increasing number of people suffering from cataract problems worldwide. Since according to a study, the major reason for blindness among a substantial population is cataract. Also, the rising accessibility of cataract surgeries due to the increasing awareness about the disorder and improving healthcare infrastructure is projected to escalate the demand for cataract surgery devices, enhancing market growth.
This report includes the profiles of the major competitors of the cataract surgery devices market: Valeant Pharmaceuticals International, Inc., Johnson & Johnson Services, Inc., Carl Zeiss Meditec AG, Ziemer Ophthalmic Systems AG, HumanOptics AG, Essilor International S.A., Nidek Co., Ltd., HAAG-Streit Holding AG, Topcon Corporation, and Novartis AG.
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Cataract Surgical Devices Market Growth, Size, Demand, Trends, Share and Forecast 2027
The global cataract surgical devices market size is projected to reach USD 9.98 billion by the end of 2026. The high prevalence of cataract disorders will open up a huge potential for market growth. According to a report published by Fortune Business Insights, titled “Cataract Surgical Devices Market Size, Share & Industry Analysis, By Product Type (Phacoemulsification Systems, Femtosecond Laser, Intraocular Lenses, Ophthalmic Viscoelastic Devices & Other Consumables), By End-user (Hospitals, Ophthalmic Clinics, Others), and Regional Forecast, 2019-2026,” the market was worth USD 6.56 billion in 2018 and will exhibit a CAGR of 5.4% during the forecast period, 2019-2026.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/cataract-surgical-devices-market-101957
The increasing prevalence of cataract surgeries has opened up a huge potential for the growth of the companies operating in the market. Recent technological advances in these devices have allowed for improved surgical procedures. The improved efficacies of these devices has in turn led to an increased adoption of cataract surgeries. In addition to this, the favourable health reimbursement policies have contributed to the growing adoption of cataract surgeries and subsequent rise in the demand for cataract surgical devices. The growing demand will have a direct impact on the growth of the market in the coming years.
The report provides an in-depth analysis of the global cataract surgical devices market. It highlights the latest product launches and recent innovations in the market and states their impact on the growth of the market. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and products in the coming years. Forecast values have been provided for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals.
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Find the Best Ophthalmic Equipment Sales
The field of ophthalmology relies heavily on advanced equipment to diagnose, treat, and manage various eye conditions. Ophthalmic equipment plays a vital role in providing accurate assessments, improving surgical outcomes, and delivering optimal patient care. In recent years, the ophthalmic equipment sales market has experienced significant growth due to technological advancements, an aging population, and an increasing prevalence of eye disorders. This article delves into the current trends and market analysis of ophthalmic equipment sales.
Technological Advancements Driving Market Growth
The ophthalmic equipment industry has been propelled forward by rapid technological advancements, revolutionizing the way eye care professionals diagnose and treat patients. Several key technological developments have contributed to the surge in equipment sales:
Optical Coherence Tomography (OCT): OCT has become a cornerstone imaging technique in ophthalmology. It provides high-resolution, cross-sectional images of ocular structures, enabling accurate diagnosis and monitoring of conditions such as glaucoma, age-related macular degeneration (AMD), and diabetic retinopathy.
Femtosecond Lasers: The advent of femtosecond laser technology has transformed cataract and refractive surgeries. These lasers allow for precise corneal incisions, capsulotomy, and lens fragmentation, resulting in improved surgical outcomes and faster patient recovery.
Phacoemulsification Systems: Phacoemulsification systems have revolutionized cataract surgery by emulsifying and removing the clouded lens. Recent advancements have made these systems more efficient, safer, and capable of handling complex cases.
Diagnostic Devices: Advanced diagnostic devices such as autorefractors, tonometers, and visual field analyzers have become indispensable for routine eye examinations and disease detection. These devices offer quick and accurate measurements, facilitating early intervention and treatment.
Market Analysis and Growth Factors
The global ophthalmic equipment sales market has witnessed significant growth and is projected to continue expanding in the foreseeable future. Several factors contribute to this growth:
Increasing Prevalence of Eye Disorders: As the global population ages and lifestyles change, the prevalence of eye disorders, including cataracts, glaucoma, and AMD, has risen. This increased prevalence has created a higher demand for ophthalmic equipment to enable early diagnosis and effective treatment.
Growing Awareness and Access to Eye Care: Greater awareness about the importance of regular eye examinations and improved access to healthcare services have driven the demand for ophthalmic equipment. Governments and healthcare organizations are focusing on eye health initiatives, leading to increased sales of ophthalmic equipment.
Technological Advancements: The continuous advancements in ophthalmic technology have fueled market growth. Eye care professionals are adopting these innovative devices to enhance patient care and outcomes, thereby driving the sales of ophthalmic equipment.
Emerging Markets: Developing countries are experiencing significant economic growth, resulting in an expansion of their healthcare infrastructure. These markets present substantial opportunities for ophthalmic equipment sales as they strive to improve eye care services and address the growing burden of eye diseases.
The ophthalmic equipment sales market is experiencing steady growth, primarily driven by technological advancements. Sales representatives of firms that make ophthalmic equipment are crucial in informing eye care professionals about the advantages of utilizing their products and in offering training and support services. Ophthalmic equipment sales have certain difficulties, but they are outweighed by the advantages, and the sector is still developing to suit the varying demands of patients and eye care professionals.
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Veterinary Ophthalmic Equipment Market Analysis, Supply Chain, Global Qualitative Insight, Opportunities, Challenges, Size, Forecast to 2028
Facto Market Insights as of late distributed statistical surveying report on the worldwide Veterinary Ophthalmic Equipment Market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the business.
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The report covers PESTLE examination and watchman's five powers investigation which exhibits the five powers including purchasers bartering power, providers haggling power, the danger of new participants, the danger of substitutes, and level of rivalry in the worldwide veterinary ophthalmic equipment market. In the investigation, the system of watchman's five powers examination clarifies the technique for breaking down the opposition of the business covering the business structure and the degree of rivalry in the market. Along with this, the exploration report additionally covers current realities and figures identified with the macroeconomic patterns that are expected to affect the development of the general market.
Following are the Main Features of Global Veterinary Ophthalmic Equipment Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Market Segments by Geographies and Countries
- Porter’s Five Forces Analysis & Trade Analysis
- Market Segment Trend and Forecast
- Market Forecast Analysis for 2021-2028
- Key Market Driving Factors
- Market Analysis and Recommendations
- Price Analysis
- Veterinary Ophthalmic Equipment Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
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Market Segmentation:
The exploration offers an extensive investigation of worldwide veterinary ophthalmic equipment market concerning following sub-markets:
By Product
- Diagnostic Devices
· Tonometers
· Portable ERG Devices
· Slit Lamps
· Ophthalmoscopes
- Surgical Equipment and Disposables
· Phacoemulsification Devices
· Operating Microscopes
· Viscoelastics
· Phacoemulsification Devices
· Intraocular Lenses
· Bandage Contact Lenses
By End User
- Veterinary Hospitals
- Veterinary Medical Centers & Collages
- Veterinary Clinics
Regional Insights:
The report investigations the market by geologies for example North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Competitive Landscape
The report includes profiles of leading companies in the global veterinary ophthalmic equipment market. Some of the key players profiled include:
Halma Plc.
LKC Technologies
Metall Zug
Bausch Health
Revenio Group Oyj
Eickemeyer Veterinary Equipment
AMETEK
an-vision
Welch Allyn
Eidolon Optical
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- Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
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Global Cataract Surgical Devices Market 2021 Industry Outlook, Comprehensive Insights
The global “Cataract Surgical Devices Market Size” is projected to reach USD 9.98 billion by the end of 2026. The high prevalence of cataract disorders will open up a huge potential for market growth. According to a report published by Fortune Business Insights, titled “Cataract Surgical Devices Market Size, Share & Industry Analysis, By Product Type (Phacoemulsification Systems, Femtosecond Laser, Intraocular Lenses, Ophthalmic Viscoelastic Devices & Other Consumables), By End-user (Hospitals, Ophthalmic Clinics, Others), and Regional Forecast, 2019-2026,” the market was worth USD 6.56 billion in 2018 and will exhibit a CAGR of 5.4% during the forecast period, 2019-2026.
Click here to get the short-term and long-term impact of COVID-19 on this Cataract Surgical Devices Market.
Please visit: https://www.fortunebusinessinsights.com/industry-reports/cataract-surgical-devices-market-101957
Detailed Table of Content:
Introduction
Executive Summary
Market Dynamics
Key Insights
Global Cataract Surgical Devices Market Analysis, Insights and Forecast, 2015-2026
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Market Drivers
Market Restraints
Market Opportunities
Number of Cataract Surgeries - for Key Countries/Region
Introduction of New Products / Approvals (by Major Players)
Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
Snapshot: Global Vision Care Market- 2018
Technological Advancements in Cataract Surgeries
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product Type
Market Analysis, Insights and Forecast – By End-user
Market Analysis, Insights and Forecast – By Region
Phacoemulsification Systems
Femtosecond Laser
Intraocular Lenses
Ophthalmic Viscoelastic Devices & Other Consumables
Hospitals
Ophthalmic Clinics
Others
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
TOC Continued…
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Ophthalmic surgical instruments market, Industry Trends and Forecast to 2028, The Definitive Guide
Are you willing to know about Ophthalmic surgical instruments market? Then you are in right place. Here you will get information like Market Analysis and Insights: Global Ophthalmic surgical instruments market, Market Scope and Market Size, Ophthalmic surgical instruments market Country Level Analysis, Market Share Analysis, Customization Available
Ophthalmic surgical instruments market is expected to witness market growth at a rate of 7.0% in the forecast period of 2021 to 2028. Data Bridge Market Research report on ophthalmic surgical instruments market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in healthcare sector globally is escalating the growth of ophthalmic surgical instruments market. Asia-Pacific Ophthalmic Surgical Instruments Market Scope and Market Size
· On the basis of products, the ophthalmic surgical instruments market is segmented into cataract surgery devices, glaucoma surgery devices, refractive surgery devices, vitreoretinal surgery devices, ophthalmic microscopes and ophthalmic surgical accessories. Cataract Surgery Devices are further segmented into Intraocular Lenses (IOLs), Ophthalmic Viscoelastic Devices (OVDs), phacoemulsification devices, cataract surgery lasers, IOL injectors and cataract surgery instruments and kits. Intraocular Lenses (IOLs) is further sub-segmented into Standard IOL and Premium IOL. Ophthalmic Viscoelastic Devices (OVDs) are further sub-segmented into Cohesive OVDs, Dispersive OVDs and Combinational OVDs. Glaucoma Surgery Devices are further segmented into Glaucoma Drainage Devices (GDDS), glaucoma stents and implants, glaucoma laser systems, microinvasive glaucoma surgery devices and glaucoma surgery instruments & kits. Refractive surgery devices are further sub-segmented into femtosecond lasers, excimer lasers, other lasers and refractive surgery instruments & kits. Vitreoretinal surgery devices are further sub-segmented into vitreoretinal packs, vitrectomy machines, photocoagulation lasers, illumination devices, vitrectomy probes and vitreoretinal surgery instruments & its. Accessories are further sub-segmented into tips & handles, forceps, spatulas, scissors, macular lenses, cannulas and others.
· On the basis of application, the ophthalmic surgical instruments market is segmented into cataract, glaucoma, refractive, vitreoretinal, diabetic retinopathy and others.
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Asia-Pacific Ophthalmic Surgical Instruments Market Country Level Analysis
The ophthalmic surgical instruments market is analyzed and market size insights and trends are provided by country, products, application and end user as referenced above.
The countries covered in the Asia-Pacific ophthalmic surgical instruments market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
Japan dominates the Asia-Pacific ophthalmic surgical instruments market owning to the technological advancements in the region.
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Competitive Landscape and Asia-Pacific Ophthalmic Surgical Instruments Market Share Analysis
The ophthalmic surgical instruments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ophthalmic surgical instruments market.
The major players covered in the ophthalmic surgical instruments market report are ZEISS International, Leica Microsystem, Johnson & Johnson Services, Inc., Quantel Medical, Bausch Health Companies Inc., NIDEK CO., LTD., Novartis AG, Ellex Medical Lasers Ltd., Ziemer Ophthalmic Systems, HOYA Corporation, Lumenis, STAAR SURGICAL, IRIDEX Corporation, TOPCON CORPORATION, Takagi Ophthalmic Instruments Europe LTD., ACB MOLTENO, Medical Technical Products, IVIS Technologies, Aurolab, and Inami & Co., Ltd., among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Customization Available : Asia-Pacific Ophthalmic Surgical Instruments Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
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Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026 which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Players to battle Covid-19 Impact.
Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026The
Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026
report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version). The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version).
Top Leading players covered in the Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) report : Ziemer Group Volk Abbott Laboratories IRIDEX Corporation Carl Zeiss Meditec Katalyst Surgical Lumenis NIDEK Novartis DORC Intenational Valeant P and More...
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The report offers clear guidelines for players to cement a position of strength in the global Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version). It prepares them to face future challenges and take advantage of lucrative opportunities by providing a broad analysis of market conditions. the global Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) will showcase a steady CAGR in the forecast year 2020 to 2026.
Market Segment by Type covers: Laser Ophthalmic Surgical Systems Phacoemulsification Ophthalmic Surgical Systems
Market Segment by Application covers: Hospital Ambulatory Surgery Center Others
Our Complimentary Sample Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.
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Regions Covered in the Global Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version):
• The Middle East and Africa (GCC Countries and Egypt)
• North America (the United States, Mexico, and Canada)
• South America (Brazil etc.)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Years Considered to Estimate the Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Size:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2020-2026
Highlights of the Report:
• Accurate market size and CAGR forecasts for the period 2019-2026
• Identification and in-depth assessment of growth opportunities in key segments and regions
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• Exhaustive research on innovation and other trends of the global Ophthalmic Surgical Systems Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
• Reliable industry value chain and supply chain analysis
• Comprehensive analysis of important growth drivers, restraints, challenges, and growth prospects
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Ophthalmic Surgical Systems Market Competitive Analysis 2020 to 2027
Research Kraft has provided an exclusive analysis of global Ophthalmic Surgical Systems Market Size, Status and Forecast to 2027 gives a detailed analysis of the market with key company profiles. The report gives a thorough evaluation of the market structure which fuses evident perceptions about the market for a predicted timeframe from 2020 to 2027. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors in strategic decision making.
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The analysis of the market are explained below:
Leading key players in the market are: Ziemer Group, Volk, Abbott Laboratories, IRIDEX Corporation, Carl Zeiss Meditec, Katalyst Surgical, Lumenis, NIDEK, Novartis, DORC Intenational, Valeant P Global Ophthalmic Surgical Systems Market Segment by Applications considering Consumption Growth Rate and Market Share:
Hospital
Ambulatory Surgery Center
Others
worldwide Ophthalmic Surgical Systems Market Segment by Product Types considering Production, Revenue (Value), Price Trends:
Laser Ophthalmic Surgical Systems
Phacoemulsification Ophthalmic Surgical Systems
Region Analysis
The report analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The exhaustive PEST analysis is done for each region to assess major external factors which may influence Ophthalmic Surgical Systems Market in the coming years.
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Highlights of the report:
Fathom the present and unavoidable predetermination of the Ophthalmic Surgical Systems Market in both made and making markets.
Extra and cut time doing zone level examination by watching the new development, size, driving players and parts inside the general Market.
The report edifies the bit expected to overwhelm the Ophthalmic Surgical Systems industry and market.
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Emerging niche segments and regional markets.
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Ophthalmic Equipment Market by Product (OCT, Fundus Camera, Ultrasound, Ophthalmoscope, Phoropter, Slit Lamp, Perimeter, Keratometer, Tonometer, IOL, Excimer Laser, OVDs, Phacoemulsification) End User (Hospital, Consumer) - Global Forecast to 2025 published on
https://www.sandlerresearch.org/ophthalmic-equipment-market-by-product-oct-fundus-camera-ultrasound-ophthalmoscope-phoropter-slit-lamp-perimeter-keratometer-tonometer-iol-excimer-laser-ovds-phacoemulsification-end-user.html
Ophthalmic Equipment Market by Product (OCT, Fundus Camera, Ultrasound, Ophthalmoscope, Phoropter, Slit Lamp, Perimeter, Keratometer, Tonometer, IOL, Excimer Laser, OVDs, Phacoemulsification) End User (Hospital, Consumer) - Global Forecast to 2025
“The ophthalmic equipment market is projected to grow at a CAGR of 3.7% during the forecast period.”
The global ophthalmic equipment market size is projected to reach USD 63.3 billion by 2025 from USD 52.8 billion in 2020, at a CAGR of 3.7% during the forecast period. The market for ophthalmic equipment is driven primarily by the factors such as the rising geriatric population and prevalence of eye diseases, technological advancements in ophthalmic devices, government initiatives to control visual impairment, and the rising adoption of contact lenses and spectacles. However, the high cost of ophthalmology devices, cuts in the reimbursement for ophthalmic surgical procedures, and the increased adoption of refurbished devices will hinder the overall adoption of ophthalmic equipment and thereby restrain market growth in the coming years.
“By product, the vision care products segment holds the largest market share during the forecast period.”
Based on product, the ophthalmic equipment market is segmented into diagnostic & Monitoring devices, surgical devices, and vision care products. The vision care products segment accounted for the largest share of the ophthalmic equipment market in 2019. The large share of this segment can be attributed to the technological
advancements in lens materials, the increasing geriatric population and prevalence of eye disorders, and growing awareness about eyesight correction. Furthermore, the rising trends in eyewear, such as styled sunglasses and advanced contact lenses boasting extra comfort, have further stimulated their adoption and supports the growth of this market.
“By surgical devices type, the glaucoma surgical devices segment is expected to register the highest CAGR during the forecast period.”
Based on surgical devices type, the ophthalmic equipment market is segmented into cataract surgical devices, glaucoma surgical devices, refractive surgical devices, vitreoretinal surgical devices, ophthalmic microscopes, and accessor. The glaucoma surgical devices segment is projected to register the highest CAGR during the forecast period. Factors such as the increasing prevalence of glaucoma across the globe, technological advancements in glaucoma surgical devices, and the increasing use of microinvasive glaucoma surgery (MIGS) devices are driving the demand for glaucoma srgical devices.
“Asia Pacific (APAC) is projected to witness the highest growth during the forecast period.”
The APAC market is estimated to register the highest CAGR during the forecast period. The growth in this market can be attributed to the large population and rising healthcare need for eye care, rapid growth in the geriatric population, and improving healthcare infrastructure in several APAC countries. In addition, the rising prevalence of eye diseases and diabetes and growing focus of key market players on this region, will fuel the growth of the ophthalmic equipment market in the APAC.
The breakdown of primary participants was as mentioned below:
By Company Type: Tier 1–35%, Tier 2–45%, and Tier 3–20%
By Designation: C-level Executives–40%, Directors–35%, and Others–25%
By Region: North America–40%, Europe–30%, Asia Pacific–15%, Latin America–10%, Middle East & Africa–5%
The leading players in this market include EssilorLuxottica (France), Alcon (US), Johnson & Johnson Vision Care (US), HOYA Corporation (Japan), Bausch + Lomb (US), Carl Zeiss Meditec (Germany), Topcon (Japan), Glaukos Corporation (US), Haag-Streit (Switzerland), NIDEK (Japan), STAAR Surgical (US), Ziemer Ophthalmic Systems (Switzerland), CooperVision, Inc. (US), Oculentis (Germany), Heidelberg Engineering (Germany), Canon (Japan), Optovue (US), Neo Vision (Korea), Lumenis (Israel), Reichert Technologies (US), OPHTEC BV (Netherlands), Heine Optotechnik (Germany), and Luneau Technology (France).
Research Coverage:
The report analyzes the various ophthalmic equipment and their adoption pattern. It aims at estimating the market size and future growth potential of the ophthalmic equipment market for different segments such as product, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market, along with their company profiles, product offerings, and recent developments.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening their position in the market.
This report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios offered by the top players in the ophthalmic equipment market
Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the ophthalmic equipment market
Market Development: Comprehensive information on the lucrative emerging regions by product, end user, and region
Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the ophthalmic equipment market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and products of leading players in the ophthalmic equipment market
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