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Data-Driven Decisions: Leveraging Market Research for Vitrectomy Devices Success
The global Vitrectomy Devices Market Revenue, valued at USD 1.24 billion in 2023, is projected to grow significantly, reaching an estimated USD 2.05 billion by 2031. This growth is driven by a compound annual growth rate (CAGR) of 6.48% from 2024 to 2031. The rising prevalence of eye disorders, advancements in surgical technologies, and the increasing adoption of minimally invasive procedures are some of the key factors fueling this market expansion.
Vitrectomy devices are essential tools used in surgical procedures to treat a range of retinal and vitreous-related conditions, including retinal detachment, diabetic retinopathy, macular holes, and other eye disorders. The growing incidence of these conditions, particularly among the aging population, is a major contributor to the increased demand for vitrectomy procedures worldwide. Furthermore, technological advancements in vitrectomy devices, such as smaller gauge systems, enhanced surgical instruments, and improved visualization systems, are supporting the broader adoption of these procedures.
Market Dynamics and Key Drivers
The rising prevalence of age-related eye diseases, including macular degeneration and diabetic retinopathy, is a significant factor driving the growth of the vitrectomy devices market. According to the World Health Organization (WHO), the number of individuals affected by visual impairments continues to increase globally, with conditions like diabetes contributing to a higher incidence of eye-related complications. This trend is prompting healthcare providers to seek advanced solutions for the effective management and treatment of these conditions, leading to the steady growth of the vitrectomy devices market.
In addition to the growing number of patients requiring vitrectomy, the increasing focus on technological advancements has been a pivotal factor in the market's expansion. Innovations such as minimally invasive vitrectomy systems, 3D visualization technologies, and enhanced surgical tools have made these procedures safer, more efficient, and less invasive. These advancements have led to shorter recovery times and reduced patient discomfort, encouraging a higher number of ophthalmologists to adopt these devices.
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Key Market Trends
Minimally invasive surgical techniques have gained popularity over the years, and vitrectomy procedures are no exception. The development of smaller gauge instruments has allowed surgeons to perform complex procedures with greater precision, reducing surgical time and improving patient outcomes. The trend towards smaller, more refined tools is expected to continue, further boosting the demand for advanced vitrectomy devices.
The integration of advanced imaging and visualization systems has also enhanced the accuracy of vitrectomy surgeries. Surgeons now have access to high-definition, 3D imaging solutions that improve visibility and allow for more precise removal of vitreous tissue and retinal repairs. This trend is particularly significant in complex cases where accurate and detailed visualization is critical for successful outcomes.
Regional Insights
North America held the largest share of the vitrectomy devices market in 2023, driven by a well-established healthcare infrastructure, a high prevalence of retinal disorders, and significant technological advancements. The United States, in particular, has seen increased adoption of advanced surgical techniques, supported by favorable reimbursement policies and a high level of awareness among patients and healthcare professionals.
The Asia-Pacific region is anticipated to witness the highest growth rate during the forecast period. Factors contributing to this growth include a rising prevalence of diabetic retinopathy, increased healthcare spending, and the growing adoption of advanced medical technologies in countries such as China, India, and Japan. The region's large and aging population, combined with an increase in diabetes cases, is likely to drive substantial demand for vitrectomy devices over the next several years.
Leading Companies in the Market
Key players in the vitrectomy devices market include Alcon, Bausch + Lomb, Carl Zeiss Meditec AG, Dutch Ophthalmic Research Center (D.O.R.C.), and NIDEK Co., Ltd., among others. These companies are investing in research and development to introduce innovative products that cater to the evolving needs of ophthalmologists and patients. Strategic partnerships, mergers, and acquisitions are also common strategies adopted by these companies to strengthen their market position and expand their product portfolios.
Conclusion
The global vitrectomy devices market is set to experience steady growth over the next decade, driven by rising incidences of retinal disorders, ongoing technological advancements, and the increasing adoption of minimally invasive surgical techniques. As the demand for improved patient outcomes and efficient surgical procedures continues to rise, the market for vitrectomy devices is expected to present numerous growth opportunities for manufacturers and healthcare providers.
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Retinal Detachment Disorder Market Size, Share, Trends, Epidemiology and Market Forecast 2030
Retinal Detachment Disorder defines a condition wherein a thin layer of tissue (retina) at the back of the eye pulls far away from its ordinary position. Retinal Detachment Disorder separates the retinal cells from the layer of blood vessels that provides oxygen and nourishment. The longer Retinal Detachment Disorder goes untreated, the greater your risk of permanent vision loss inside the affected eye.
Retinal Detachment Disorder Causes
There are many causes of Retinal Detachment Disorder, but the most common causes are growing old or eye injury. There are three types of Retinal Detachment Disorder such as rhegmatogenous, tractional, and exudative. Each type happens due to a one-of-a-kind problem that causes your retina to move away from the back of your eye.
Retinal Detachment Disorder Signs and Symptoms
Retinal detachment disorder itself is painless. However, caution signs nearly seem before it occurs or has advanced, such as the sudden occurrence of many floaters — specks that appear to drift through your field of vision, flashes of light in one or both eyes, blurred vision, gradually diminished side (peripheral) vision, a curtain-like shadow over your visual field.
Retinal Detachment Disorder Epidemiology
Retinal detachment disorder is a common retina-associated disorder caused due to various factors and is more prevalent after the age of 50s. Retinal Detachment Disorder is more common among men as compared to women. In Europe, the highest number of Retinal Detachment Disorder was among males aged 60 to 79 years, whereas TRD was amongst females at the same age.
The Retinal traction detachment epidemiology has not been reported in large-scale studies, mainly because of its multifactorial etiology.
A study by Poulson et al. reported the incidence of primary Retinal Detachment Disorder In southern Denmark to be 1.25 per 100 000 inhabitants per year. In this study, out of all patients with RTD, 48.7% were male, and 51.4% were female. The median age was 59.3 years.
Retinal Detachment Disorder Treatment Options
Surgery is nearly constantly used to repair a retinal tear, hole, or detachment. Various techniques are available. Your eye care provider will consider treatment options with you. You may need a combination of treatments for the best outcomes. Treatments include Laser therapy or cryopexy (freezing), Pneumatic retinopexy, Scleral buckle, Vitrectomy.
Retinal Detachment Disorder Market
The Retinal Detachment Disorder market is segmented by product type, and by the end-user. The Retinal Detachment Disorder market is highly diversified with a huge number of products available in the market and the presence of major players such as Alcon Inc among others. The expanding prevalence of eye-associated disorders and the growing geriatric population are a few driving factors of the Retinal Detachment Disorder market.
Among 7MM countries, the United States accounts for XX% of the overall Retinal Detachment Disorder market size in 2019.
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Wide Field Imaging Devices Market Revenue Growth, Qualitative Analysis, Quantitative Analysis Till 2029
Retinal imaging is a technique used for the generation of two-dimensional figures of the retinal tissue which is in three-dimensional (3D). These techniques are very indispensable for the management and the diagnosis of the disorder processes for practicing Ophthalmia and curing hypertensive retinopathy, diabetic retinopathy, macular degeneration related to the age, vascular pathologies, glaucoma, retinal detachments, leukemia, and systemic infections. The practitioners are ophthalmia is used to view the retinal disease and treatment planning based on the pathology.
COVID-19 scenario analysis:
To take care of the infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With a rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil populations for precautionary measures. Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Owing to such factors, COVID 19 is expected to have a significant impact on the Wide field imaging devices market.
Widefield imaging devices are used for peripheral eye disorder diagnosis, peripheral eye tumor, and diabetic concerns. Once the process is done it is much easier for the image downloads and faster as compared to the alternative options which are the biggest factors propelling the growth of the wide field imaging devices market.
Upgrades in the technology in the field of telemedicine and portable camera development have betterment and the accessibility of these devices, and other new developments are expected to boost the wide-field imagine devices market. There has also been a boost in the frequency of diabetic retinopathy disorders and are resulting in the rise in demand for wide field imaging devices market.
Key Market Players
Heidelberg Engineering Inc.
Visunex Medical Systems, Inc
Carl Zeiss Meditec AG
Centervue S.P.A.
Clarity Medical Systems Inc.
Medibell Medical Vision Technologies Ltd.
Forus Health Pvt. Ltd
Docs Eye Care
Phoenix Technology Group, LLC
Epipole Ltd.
Key Advantages of the report:
· The analytical depiction of the global Wide field imaging devices industry along with the current trends and future estimations to determine the imminent investment pockets.
· Information related to key drivers, restraints, and opportunities along with detailed analysis of the global Wide field imaging devices market share.
· The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Wide field imaging devices market growth scenario.
· Market analysis based on competitive intensity and how the competition will take shape in coming years.
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Global Retinal Dystrophy Treatment Market Business Scope
Global Retinal Dystrophy Treatment Market will exhibit a growth rate of 5.45% for the forecast period of 2021-2028
Market Analysis and Insights: Global Retinal Dystrophy Treatment
Retinal dystrophy is defined as genetically heterogeneous group of degenerative eye disorders accompanied by the degeneration of retinal tissues of the eye which results in the loss of photoreceptor and eventually lead to vision abnormalities and retinal detachment.
Rise in the huge financial support to the researchers for developing novel intervention will uplift the market growth, also rise in the demand of disease specific novel treatment and incease in the advancement in treatment such as gene therapy and retinal transplantation are some of the crucial factors among others driving the retinal dystrophy treatment market growth. Moreover, rise in the research and development activities in the market will further create new opportunities for the retinal dystrophy treatment market in the forecast period of 2021-2028.
However, low healthcare budget in some developing countries is the major factor among others acting as a restraint, and will further challenge the retinal dystrophy treatment market in the forecast period mentioned above.
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Global Retinal Dystrophy Treatment Market Scope and Market Size:
Based on therapy, the retinal dystrophy treatment market is segmented into magnetic therapy and gene therapy.
Based on treatment, the retinal dystrophy treatment market is segmented into drugs and surgery.
Based on route of administration, the retinal dystrophy treatment market is segmented into oral, topical and others.
Global Retinal Dystrophy Treatment Market Country Level Analysis:
The countries covered in the retinal dystrophy treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Major TOC of the Report:
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insight
Chapter Six: COVID-19 Impact on Global Retinal Dystrophy Treatment Market
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Competitive Landscape & Retinal Dystrophy Treatment Market Share Analysis:
The Retinal Dystrophy Treatment 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, regional presence, 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 Retinal Dystrophy Treatment market.
Retinal Dystrophy Treatment market research report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The research studies involved in this business report helps to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. Key data and information used while preparing this report has been collected from the consistent sources that range from journals, websites, research papers, case studies, and magazines. Retinal Dystrophy Treatment market research report works as a backbone for the growth of healthcare industry.
Key Players:
Spark Therapeutics, Inc,
Novartis AG,
Biogen,
HORAMA S.A.,
MeiraGTx Limited,
ReNeuron Group plc,
Retinagenix, LLC,
Novelion Therapeutics Inc.,
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Global Retinal Dystrophy Treatment Market Business Scope
Global Retinal Dystrophy Treatment Market will exhibit a growth rate of 5.45% for the forecast period of 2021-2028
Market Analysis and Insights: Global Retinal Dystrophy Treatment
Retinal dystrophy is defined as genetically heterogeneous group of degenerative eye disorders accompanied by the degeneration of retinal tissues of the eye which results in the loss of photoreceptor and eventually lead to vision abnormalities and retinal detachment.
Rise in the huge financial support to the researchers for developing novel intervention will uplift the market growth, also rise in the demand of disease specific novel treatment and incease in the advancement in treatment such as gene therapy and retinal transplantation are some of the crucial factors among others driving the retinal dystrophy treatment market growth. Moreover, rise in the research and development activities in the market will further create new opportunities for the retinal dystrophy treatment market in the forecast period of 2021-2028.
However, low healthcare budget in some developing countries is the major factor among others acting as a restraint, and will further challenge the retinal dystrophy treatment market in the forecast period mentioned above.
Get full report: https://www.databridgemarketresearch.com/reports/global-retinal-dystrophy-treatment-market
Global Retinal Dystrophy Treatment Market Scope and Market Size:
Based on therapy, the retinal dystrophy treatment market is segmented into magnetic therapy and gene therapy.
Based on treatment, the retinal dystrophy treatment market is segmented into drugs and surgery.
Based on route of administration, the retinal dystrophy treatment market is segmented into oral, topical and others.
Global Retinal Dystrophy TreatmentMarket Country Level Analysis:
The countries covered in the retinal dystrophy treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Major TOC of the Report:
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insight
Chapter Six: COVID-19 Impact on Global Retinal Dystrophy Treatment Market
Get TOC here: https://www.databridgemarketresearch.com/toc/?dbmr=global-retinal-dystrophy-treatment-market
Competitive Landscape & Retinal Dystrophy Treatment Market Share Analysis:
The Retinal Dystrophy Treatment 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, regional presence, 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 Retinal Dystrophy Treatment market.
Retinal Dystrophy Treatment market research report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The research studies involved in this business report helps to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. Key data and information used while preparing this report has been collected from the consistent sources that range from journals, websites, research papers, case studies, and magazines. Retinal Dystrophy Treatment market research report works as a backbone for the growth of healthcare industry.
Key Players:
Spark Therapeutics, Inc,
Novartis AG,
Biogen,
HORAMA S.A.,
MeiraGTx Limited,
ReNeuron Group plc,
Retinagenix, LLC,
Novelion Therapeutics Inc.,
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: [email protected]
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Retinal Detachment Treatment Market Will Escalate Rapidly in the Near Future
Retinal Detachment: Introduction
· Retinal detachment refers to an emergency disorder in which a thin layer of tissue (the retina) at the back of the eye pulls away from its normal position.
· Retinal detachment separates the retinal cells from the layer of blood vessels that provides oxygen and nourishment. The longer retinal detachment goes untreated, the greater the risk of permanent vision loss in the affected eye.
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Key Drivers and Restraints of Global Retinal Detachment Treatment Market
· According to World Health Organization (WHO) estimates, globally 180 million people are visually disabled and an estimated 40 and 45 million people are blind.
· As per WHO estimates, around 80% of global blindness is preventable i.e. either the condition can be addressed if the requisite knowledge and medical interventions are provided at the right time or results from the certain conditions that can be prevented
· Concerted awareness efforts are been made by the international community including organizations such as WHO and its member states, nongovernmental organizations (NGOs), the private sector, and other UN agencies
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· The global eye health action plan 2014–2019 purposes to decrease avoidable visual impairment as a global public health problem and to secure access to rehabilitation services for the visually impaired. This in turn is likely to propel the global retinal detachment treatment market during the forecast period
· As per the action plan, the multilateral organizations along with their member states have set a target of reducing the number of patient cases of avoidable visual impairment by 25% in 2019 from the baseline established by WHO in 2010.
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· Demand for efficient diagnostic devices is also increasing owing to rapid technological advances. Novel technological platforms are no doubt highly efficient; however, they are available at high prices initially.
· The cost of ophthalmic laser treatment is considerably high owing to the high cost of the laser devices, which makes them unaffordable for low- and middle-income groups. In addition, installation and service costs are high. The average price of ophthalmic lasers is likely to be valued in the range of US$ 20,000 to US$ 75,000, while treatments are priced at over US$ 2,077 per eye for LASIK refractive correction surgery. This might have a negative impact on the market during the forecast period.
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Supportive Therapy to Lead the Global Market
· The global retinal detachment treatment market can be segmented based on treatment type, end-user, and region
· In terms of treatment type, the global retinal detachment treatment market can be divided into pneumatic retinopexy, scleral buckle surgery, vitrectomy, laser surgery (photocoagulation), and supportive therapy. Pneumatic retinopexy is projected to be the fastest growing segment of the global retinal detachment treatment market.
· Based on end-user, the global retinal detachment treatment market can be classified into hospitals, specialty clinics, and ambulatory surgery centers
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North America to Dominate the Market
· The global retinal detachment treatment market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
· North America accounts for dominant share of the retinal detachment treatment market owing to a high patient pool for eye disorders as well as large number of patients undergoing eye surgeries in comparison to other regions
· Additionally, government support in the form of funding for research & development in the field of ophthalmology treatment is anticipated to help the region maintain its dominance during the forecast period
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Global Vitreoretinal Disorders Market In-Depth Analysis,Competitive Landscape,Forecast 2027||DBMR Insights
Vitreoretinal disorders market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing with the healthy CAGR in the above-mentioned research forecast period. Rising prevalence of eye related disorders worldwide and emerging markets are the factors responsible for the growth of this market.
The major players covered in the vitreoretinal disorders market are Bausch & Lomb Incorporated., Alcon Inc., Genentech Inc., Amgen Inc., Pfizer Inc., and Regeneron, Sanofi among others.
To Know More About Future Potential Of Vitreoretinal Disorders Industry, Access Sample Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-vitreoretinal-disorders-market
Objectives of vitreoretinal disorders report:
1. To get a comprehensive overview of the vitreoretinal disorders market.
2. To gain information about the top players in this industry, their product portfolios, and their key strategies.
3. To understand the future outlook and prospects for vitreoretinal disorders market analysis and forecast 2021-2028.
4. To analyze the market size of the market and infer the key trends from it.
5. To inspect the market based on product, market share and size of the product share.
6. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the vitreoretinal disorders market.
7. To gain insights about the major regional insights in which the vitreoretinal disorders is flourishing.
8. To describe and forecast the vitreoretinal disorders market, in terms of value, by process, product type, and industry.
9. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders.
10. To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
Global Vitreoretinal Disorders Market Scope and Market Size
The vitreoretinal disorders market is segmented on the basis of type, diagnosis, treatment, route of administration, end-users and distribution channel.
On the basis of type, the vitreoretinal disorders market is segmented into retinal tear, retinal detachment, diabetic retinopathy, macular hole, macular degeneration, and others
The diagnosis for vitreoretinal disorders market includes digital fluorescein angiography, optical coherence tomography, heidelberg retinal tomography, indocyanine green angiography, and others
On the basis of treatment, vitreoretinal disorders market is segmented into surgery, medication and others. Surgery further divided into Laser surgery, scatter laser photocoagulation, cryopexy, pneumatic retinopexy, cryotherapy, vitrectomy and others. Medication further divided into anti-VEGF and others.
Route of administration segment of vitreoretinal disorders market is segmented into oral, parenteral, ocular and others
On the basis of end-users, the vitreoretinal disorders market is segmented into hospitals, specialty clinics and others
On the basis of distribution channel, vitreoretinal disorders market has also been segmented into hospital pharmacy, retail pharmacy others
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Vitreoretinal Surgery Devices Market Research Report
Growth opportunities in the vitreoretinal surgery devices market look promising over the next six years. This is mainly due to the increasing technological advancements and the rise in the geriatric population coupled with the rising eye disorders.
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Vitreoretinal Surgery Devices Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The increase in the geriatric population across the world along with the surging number of eye disorders including diabetic retinopathy, detached retina, macular hole, and CMV retinitis, and the growing awareness concerned with eye health are the key drivers stimulating the growth of the global vitreoretinal surgery devices market. The use of vitreoretinal surgeries to treat various eye-related disorders, with the help of several procedures, is effective in restoring and improving vision. Furthermore, the ongoing technological innovations have resulted in strengthened products, thereby fuelling the market demand. The establishment of miniature devices will boost the market growth because of its low procedural time. However, the high cost associated with devices and unreliability in reimbursement situations may curb the market growth.
Product Segment Drivers
Based on product, the market is segmented into Vitrectomy Machines & Packs, illumination devices, Photocoagulation Surgery Devices, and others. Amongst which, Vitrectomy Machines & Packs is anticipated to expand at a higher CAGR during the forecast period due to the benefits offered by these devices like cost-effectiveness, time-efficient in terms of operation duration, and low waste generation.
Regional Drivers
Based on the regional coverage, North America is predicted to dominate the market over the forecast, attribute to the surge in the geriatric population, well-established healthcare infrastructure, and new technological advancements. On the other hand, Asia-Pacific is projected to witness a higher rate during the forecast period. India and China are the major countries to have a notable share in the region's vitreoretinal surgery devices market.
Vitreoretinal Surgery Devices Market’s leading Manufacturers:
Peregrine Surgical
MedOne Surgical Inc.
Topcon Corporation
Carl Zeiss Meditec AG
Alcon
O.R.C
OCULUS
NIDEK CO. Ltd.
Bausch & Lomb
Optikon
Vitreoretinal Surgery Devices Market Segmentation:
Segmentation by Product:
Vitrectomy Machines & Packs
Photocoagulation Surgery Devices
Illumination Devices
Others
Segmentation by End User:
Hospitals
Free Standing Ambulatory Surgery Centre (ASC)
Segmentation by Region:
North America
Asia Pacific
Europe
RoW
United States of America
Canada
China
Japan
India
Rest of APAC
United Kingdom
Germany
France
Spain
Rest of Europe
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
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Ophthalmic Equipment Market to grow at an Impressive CAGR During the Forecast Period
Increased demand for LASIK treatment drives the Global Ophthalmic Equipment Market in the forecast period, 2022-2026.
According to TechSci Research report, “Global Ophthalmic Equipment Market By Product (Vision Care Products, Ophthalmology Surgical Devices, Diagnostic and Monitoring Devices, Others) By Application (Glaucoma, Amblyopia, Cataract, Retinal Detachment, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, the global ophthalmic equipment market is projected to grow at an impressive CAGR in the forecast period, 2022-2026, owing its growth to the attributes like surge in demand of non-invasive or minimally invasive medical devices for the diagnostic and surgical procedures. Eye-related targeted diseases are rapidly increasing and the patient count for these targeted diseases are increasing haphazardly too. This factor is actively driving the share of the global ophthalmic equipment toward a positive growth. Diseases like glaucoma, cataract, macular degeneration, and diabetic retinopathy are creating a dangerous scenario for the eye patients. These target diseases’ cases are increasing due to the various factors like, environmental factors, bad lifestyle choices, and genetic conditions that leads to eye diseases and vision disorders and thus create demand for the ophthalmic equipment and thereby driving the growth of the global ophthalmic equipment market.
In the year 2020, market suffered a loss due to the onset of pandemic in the first quarter of the year. The world economy was disrupted since the market was shut down. Manufacturing units, and distributors were halted from carrying out their operations due to complete lockdown. In the latter half of the year, market regained its growth and is now anticipated to overcome the setback and grow at the anticipated CAGR in the forecast period. Although the pandemic has not yet subsided completely, but the introduction of the vaccinations has improved the chances and thereby growth of the healthcare industry as a whole.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Ophthalmic Equipment Market"
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The global ophthalmic equipment market is segmented by product, application, end user, regional distribution, and competitional landscape. Based on application the market is further bifurcated into glaucoma, amblyopia, cataract, retinal detachment, and others. Due to the rising geriatric population, and increased emphasis on the healthcare industry ophthalmic equipment are widely used in the diagnostic and surgical process. The devices are actively used in various applications like glaucoma, amblyopia, cataract, retinal detachment, etc. Cataract is the most common disease that is found in the geriatric population. The treatment for the same drives the growth of the global ophthalmic equipment market in the forecast years, 2022-2026.
Based on end user the market is categorized into hospitals & clinics, ambulatory care centers, others. Hospitals & clinics specializing in the ophthalmic treatment are anticipated to dominate the market in the next five years. Specialized ophthalmic clinics and hospitals provide complete service during a surgery. The patient can be admitted, monitored and provided the treatment at one place. Post-surgery monitoring and processes can also be completed under the guidance of the surgeons and experts at same place, providing complete treatment without any complications. Hospitals and specialized clinics can afford the ophthalmic equipment that are expensive otherwise, thus becoming a major growth booster for the global ophthalmic equipment market.
Some of the major competitors in the market are EssilorLuxottica SA, Alcon Inc., Johnson & Johnson Vision Care, Hoya corporation, CooperVision, Inc., Bausch & Lomb Inc, Carl Zeiss Meditec AG, Topcon Corporation, Glaukos Corporation, Haag-Streit Holding, STAAR Surgical Company, Ziemer Ophthalmic Systems AG, Heidelberg Engineering, Inc., Canon Inc., Optovue, Inc, among others. Technically advanced equipment that are cost effective would support the new players.
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“North America is a promising region for the growth of the market. The region has proven its dominance in the historical years, and with its excellent healthcare services the region is anticipated to dominate the global market in next five years. Large economies like United states along with some European countries would experience rapid penetration of technologically advanced devices and extensive research and development highly advanced ophthalmic equipment government will support the market with its own funding that would strengthen the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Ophthalmic Equipment Market By Product (Vision Care Products, Ophthalmology Surgical Devices, Diagnostic and Monitoring Devices, Others) By Application (Glaucoma, Amblyopia, Cataract, Retinal Detachment, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global ophthalmic equipment and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global ophthalmic equipment.
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#Ophthalmic Equipment Market#Ophthalmic Equipment Market Size#Ophthalmic Equipment Market Share#Ophthalmic Equipment Market Growth
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2024 Vitrectomy Devices Market Outlook: Key Trends and Analysis
Vitrectomy Devices Market Outlook, Scope & Overview:
Industry reports indicate that the global vitrectomy devices market was valued at USD 1.24 billion in 2023 and is projected to reach USD 2.05 billion by 2031, growing at a CAGR of 6.48% over the forecast period 2024-2031.
Technological Advancements to Drive Growth of Global Vitrectomy Devices Market
The adoption of advanced vitrectomy devices will continue to influence global market revenues. The increasing prevalence of retinal disorders and advancements in minimally invasive surgical technologies are driving the demand for innovative vitrectomy devices.
As a product segment, vitrectomy systems currently hold a significant share of the global vitrectomy devices market. This segment is anticipated to grow at a year-over-year rate of 6.48% in 2024 over 2023 and reach USD 2.05 billion in revenues by 2031. The growing number of retinal surgeries and the introduction of advanced vitrectomy systems with enhanced precision and efficiency are expected to drive market growth.
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Vitrectomy Devices – Market Dynamics
Drivers:
Vitrectomy devices are witnessing significant growth in the global market due to their critical role in treating various retinal conditions, including retinal detachment, diabetic retinopathy, and macular hole. The advancements in vitrectomy technology, such as the development of high-speed vitrectomy systems and improved surgical instrumentation, are enhancing surgical outcomes and driving the adoption of these devices. Additionally, the rising prevalence of age-related macular degeneration and other retinal disorders are key factors contributing to market growth.
Restraints:
Despite the growth potential, challenges such as the high cost of advanced vitrectomy devices, the complexity of the procedures, and the need for specialized training for healthcare professionals are hindering the widespread adoption of vitrectomy devices. Moreover, the limited availability of advanced vitrectomy technology in developing regions poses additional challenges to market expansion.
Vitrectomy Devices – Market Outlook
The proven benefits of vitrectomy devices in improving surgical outcomes and patient recovery have contributed to the market's growth. Vitrectomy devices are expected to witness increased adoption across major healthcare markets, including North America, Europe, and Asia Pacific, driven by advancements in surgical technology and the growing demand for retinal surgeries.
Global Vitrectomy Devices Market
The rise in demand for vitrectomy devices in developed and emerging markets is expected to drive market growth over the forecast period. North America currently holds a significant market share in the global vitrectomy devices market, with the US being a key contributor to market revenues. Europe and Asia Pacific regions are also experiencing rapid adoption of vitrectomy devices, supported by increasing healthcare investments and advancements in ophthalmic surgery.
Key Players in the Vitrectomy Devices Market
Leading companies in the vitrectomy devices market include Alcon Laboratories, Inc., Bausch + Lomb, Vitreq, and Johnson & Johnson Vision. These companies are at the forefront of developing and commercializing advanced vitrectomy systems and instruments for various retinal surgical applications.
In conclusion, the global vitrectomy devices market is poised for substantial growth over the forecast period, driven by technological advancements, increasing prevalence of retinal disorders, and the expanding adoption of innovative surgical solutions in ophthalmology.
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Ophthalmic Lasers (Ophthalmic Devices) - Global Market Analysis and Forecast Model (COVID-19 Market Impact) published on
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Ophthalmic Lasers (Ophthalmic Devices) - Global Market Analysis and Forecast Model (COVID-19 Market Impact)
Ophthalmic Lasers (Ophthalmic Devices) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)
Summary
Ophthalmic Lasers (Ophthalmic Devices) – Global Market Analysis and Forecast Model (COVID-19 Market Impact) is built to visualize quantitative market trends within Ophthalmic Devices therapeutic area.
The model discusses in detail the impact of COVID-19 on Ophthalmic Lasers market for the year 2020 and beyond. Ophthalmic Lasers are devices that create a uniform and coherent light which can be continuous or pulsed in treating a wide spectrum of diseases involving both the anterior and posterior segments of the eye for correcting refractive disorders. Lasers can be classified as photocoagulating, photo disrupting and photo ablating lasers. Photocoagulating lasers include argon, dye, krypton and frequency-doubled Nd:YAG. Photo disrupting lasers include Q-switched Nd:YAG laser and photo ablating lasers include excimer lasers which use ultraviolet light to ablate tissues.
Ophthalmic laser treatments offer many advantages in comparison with other surgical techniques including low costs, less patient risk, and shorter recovery periods. Since the contact to tissue during the treatment is negligible, the risk of infection is minimal.
The use of ophthalmic lasers is a very common surgical care methodology for disorders such as glaucoma, diabetes, retinopathy, vein occlusions, retinal holes and retinal detachments. LASIK surgery can be taken by anyone above 18 years old who desire to correct their vision. The demand for laser surgeries have been increasing with increasing number of population with incorrect vision and increasing geriatric population with presbyopia.
Each of the covered 39 country’s color-coded and fully-sourced market models are equipped with epidemiology based indications with procedure volumes. To increase the data transparency, the interactive excel deliverable covers installed base, new sales volumes, product usage, average selling prices, market size and company share/rank analysis (wherever available). Moreover, analyst comments with qualitative insight offer context for quantitative data.
Key Inclusions of the market model are –
Currently marketed Ophthalmic Lasers and evolving competitive landscape – – Insightful review of the key industry trends. – Annualized total Ophthalmic Lasers market revenue by segment and market outlooks from 2015-2030. – Granular data on total procedures, units, average selling prices and market values by segment.
Global, Regional and Country level market specific insights – – Qualitative market specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country specific insights on the market. – SWOT analysis for Ophthalmic Lasers market. – Competitive dynamics insights and trends provided for Venous Stents market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape. – Country specific overview of the healthcare system. – Country specific reimbursement policies. – Country specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered – Johnson & Johnson, Alcon Inc., Carl Zeiss AG, Bausch & Lomb Inc., Lumenis Ltd., Meridian AG, Nidek Co Ltd, Aravind Eye Care System, Lensar Inc, SCHWIND eye-tech-solutions GmbH & Co KG, Lumibird Group, Iridex Corp
Countries covered – United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for – – CMO executives who must have deep understanding of the Ophthalmic Lasers marketplace to make strategic planning and investment decisions. – Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management. – Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
The model will enable you to – – Understand the impact of COVID-19 on Ophthalmic Lasers. – Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline. – Develop business strategies by understanding the trends shaping and driving Ophthalmic Lasers. – Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Ophthalmic Lasers market in the future. – Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders. – Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage. – Track device sales in the global and country-specific Model Name market from 2015-2030. – Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
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Global Retinal Dystrophy Treatment Market Business Scope
Global Retinal Dystrophy Treatment Market will exhibit a growth rate of 5.45% for the forecast period of 2021-2028
Market Analysis and Insights: Global Retinal Dystrophy Treatment
Retinal dystrophy is defined as genetically heterogeneous group of degenerative eye disorders accompanied by the degeneration of retinal tissues of the eye which results in the loss of photoreceptor and eventually lead to vision abnormalities and retinal detachment.
Rise in the huge financial support to the researchers for developing novel intervention will uplift the market growth, also rise in the demand of disease specific novel treatment and incease in the advancement in treatment such as gene therapy and retinal transplantation are some of the crucial factors among others driving the retinal dystrophy treatment market growth. Moreover, rise in the research and development activities in the market will further create new opportunities for the retinal dystrophy treatment market in the forecast period of 2021-2028.
However, low healthcare budget in some developing countries is the major factor among others acting as a restraint, and will further challenge the retinal dystrophy treatment market in the forecast period mentioned above.
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Global Retinal Dystrophy Treatment Market Scope and Market Size:
Based on therapy, the retinal dystrophy treatment market is segmented into magnetic therapy and gene therapy.
Based on treatment, the retinal dystrophy treatment market is segmented into drugs and surgery.
Based on route of administration, the retinal dystrophy treatment market is segmented into oral, topical and others.
Global Retinal Dystrophy Treatment Market Country Level Analysis:
The countries covered in the retinal dystrophy treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Major TOC of the Report:
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insight
Chapter Six: COVID-19 Impact on Global Retinal Dystrophy Treatment Market
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Competitive Landscape & Retinal Dystrophy Treatment Market Share Analysis:
The Retinal Dystrophy Treatment 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, regional presence, 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 Retinal Dystrophy Treatment market.
Retinal Dystrophy Treatment market research report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The research studies involved in this business report helps to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. Key data and information used while preparing this report has been collected from the consistent sources that range from journals, websites, research papers, case studies, and magazines. Retinal Dystrophy Treatment market research report works as a backbone for the growth of healthcare industry.
Key Players:
Spark Therapeutics, Inc,
Novartis AG,
Biogen,
HORAMA S.A.,
MeiraGTx Limited,
ReNeuron Group plc,
Retinagenix, LLC,
Novelion Therapeutics Inc.,
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Consumer Electronics to Dominate India Ophthalmoscope Market through FY2027 | TechSci Research
Increase in number of ophthalmic clinics and advancements in laser technology is expected to drive the India ophthalmoscope market for the forecast period.
According to TechSci Research report, “India Ophthalmoscope Market By Product (Direct Ophthalmoscope v/s Indirect Ophthalmoscope) By Light Source (Halogen Illumination Ophthalmoscope, Xenon Illumination Ophthalmoscope, LED illumination Ophthalmoscope) By Application (Glaucoma, Lattice Degeneration, Diabetic Retinopathy, Others) By End User (Hospitals & Clinics, Eye Care Centers, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, FY2027”, India ophthalmoscope market is expected to witness steady growth for the next five years. Ophthalmoscopy is the process for conducting test for eye examination using an ophthalmoscope to examine inside the fundus of eye. Ophthalmoscope helps in detection of abnormalities of retina, vitreous humor, optic disk, and lens and focuses a small beam of light though the pupil of patient’s eye. The ophthalmoscope devise comprises of eye piece, light illuminating source, battery handle and an aperture selector. India healthcare industry is developing at the rapid rate and there is high prevalence of eye diseases. Increase in the government initiatives to prevent blindness and cataract among the population such as National Program for Control of Blindness (NPCB) is another factor responsible for the growth of the ophthalmoscope market. Surge in healthcare expenditures for treatment of blindness, sight loss and sight-threatening conditions are expected to boost the demand for eye care and examination market which is further expected to drive the demand of ophthalmoscope market. Rise in occurrence of chronic diseases such as diabetes and hypertension can lead to retinopathy which is a significant factor accelerating the ophthalmoscope market growth.
Due to the ongoing pandemic COVID-19, lockdown restrictions were imposed all over the country. Complete shutdown was observed, and people started practicing social distancing and following the precautionary guidelines. Imposition of strict regulations and policies by leading authorities led to huge losses suffered by businesses. Also, the demand for medical devices have gone down. Manufacturing units were shut down and loss of availability of skilled labors led to market decline. Number of units imported or exported to other countries also suffered a setback. After the lifting of lockdown restrictions, companies are again operational and producing with lower volume and the market is expected to pick up the pace eventually.
However, lack of skilled healthcare professionals and eye surgeons may hamper the growth of ophthalmoscope market for the forecast period.
Browse XX Figures spread through XX Pages and an in-depth TOC on “India Ophthalmoscope Market”.
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India ophthalmoscope market is segmented into product, light source, application, end user, regional distribution, and company. Based on application, market can be further divided into glaucoma, lattice degeneration, diabetic retinopathy, and others. The diabetic retinopathy segment is expected to account for major market share for the forecast period, FY2023-FY2027. Diabetic retinopathy is a diabetes complication which effects the eye adversely by damages the blood vessel in the tissue at the back of the eye. Diabetic retinopathy is treated with the help of laser technology fueling the growth of ophthalmoscope market. Sometimes, glaucoma leads to diabetic retinopathy which is another factor responsible for high demand of ophthalmoscope market. Based on product, market can be divided into direct ophthalmoscope and indirect ophthalmoscope. Direct ophthalmoscopy is expected to witness growth for the next five years as it has an advantage of capturing erect view of fundus with moderate to high resolution. Indirect ophthalmoscopy in examination of retinal health and it can be carried out without giving anaesthesia to patients.
Hill-Rom India Private Limited, Riester-Halma India, Scorpia India Medicare Pvt. Ltd. (HEINE Optotechnik), Prkamya Visions, Carl Zeiss India Pvt. Ltd., Medline Industries India Private Limited, Easilens Healthcare Computers Limited, United Optical Company are the leading players operating in India ophthalmoscope market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several ophthalmoscope manufacturers are coming up with their technologically advanced offerings.
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“Advancements in technology to upgrade diagnostic procedures such as introduction of ophthalmoscopes having multimodal fundus imaging platform which combines the high-definition scanning laser ophthalmoscope and optical coherence tomography. is driving the demand of the market. Launch of novel products by key players to meet the unmet needs of ophthalmic procedures is fostering the growth of ophthalmoscope market. Increase in number of geriatric population and occurrence of eye-related disorders is expected to accelerate the ophthalmoscope market growth till FY2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Ophthalmoscope Market By Product (Direct Ophthalmoscope v/s Indirect Ophthalmoscope) By Light Source (Halogen Illumination Ophthalmoscope, Xenon Illumination Ophthalmoscope, LED illumination Ophthalmoscope) By Application (Glaucoma, Lattice Degeneration, Diabetic Retinopathy, Others) By End User (Hospitals & Clinics, Eye Care Centers, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, FY2027” has evaluated the future growth potential of India ophthalmoscope market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of India ophthalmoscope market.
Browse Related Reports:
Global Ophthalmic Equipment Market By Product (Vision Care Products, Ophthalmology Surgical Devices, Diagnostic and Monitoring Devices, Others) By Application (Glaucoma, Amblyopia, Cataract, Retinal Detachment, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/ophthalmic-equipment-market/7363.html
Global Eye Care Market By Product Type (Eyeglasses, Eye Drops, Contact Lens, Intraocular Lens, Eye Vitamins, Others), By Eye Drops (Prescription v/s Over-The-Counter), By Coating (Anti-Glare, UV Coating, Others), By Lens Material (Polycarbonate, Normal Glass, Trivex, Others), By Distribution Channel (Retail Stores, E-commerce, Clinics, Hospitals), By Region, Competition Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/eye-care-market/4879.html
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#TechSci#Market Research Reports#India Ophthalmoscope Market#Healthcare#Ophthalmoscope Market#India Ophthalmoscope Market Size#Medical Devices#India Ophthalmoscope Market Forecast
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Ophthalmic Photocoagulator Market Revenue Share, Growth Factors, Trends, Analysis & Forecast, 2020–2026
High target disease prevalence, increasing strategic developments such as partnerships and agreements among the top players, continuous research and development, various technological advancements in the field of medical devices, rising demand for minimally invasive procedure are key factors contributing to the growth of Ophthalmic photocoagulator market during forecast period
Market Size – USD 136 Million in 2018, Market Growth - CAGR of 4.2%, Market Trends – Product launches and its application and technological advancements in therapeutics
According to the current analysis of Reports and Data, the global ophthalmic photocoagulator market was valued at USD 135.7 million in 2018 and is expected to reach USD 215.3 million by the year 2026, at a CAGR of 4.2%. The study covers the ophthalmic photocoagulator, a device which used for the non-invasive surgical procedure of eyes using the laser beam. The ophthalmic photocoagulator is an equipment used to treat ophthalmic disorders and to treat damaged cells present in the eye. It has great clinical significance and is a crucial therapy for numerous retinal diseases such as conditions including proliferative diabetic retinopathy, retinopathy of prematurity, retinal tears and detachments, branch retinal vein occlusion, and choroid neovascularization.
Photocoagulator cauterizes blood vessels with a high-intensity laser beam or any other source of light. The invention revolutionized retinal therapy by facilitating the more precise, reliable, and less painful application of photocoagulator. Photocoagulation can seal leaking blood vessels, as in case of diabetic retinopathy, or destroy diseased retinal tissue. Due to the effectively and non-invasive approach, the application of ophthalmic photocoagulator has become the accustomed standard of care for many retinal conditions.
The key drivers of the ophthalmic photocoagulator market are a substantial rise in the geriatric population owing to age-related macular degeneration and the spike in diabetes. The diabetic epidemic has extensively increased across the globe leading to diabetic retinopathy. The average spending time on the digital screen of an individual has increased, which leads to various eye-related discomfort and disorders. The incorporation of IT within the healthcare industry, high amounts of investment, rising prevalence of target diseases like diabetes, age-related eye disorders, and technological advancements in the field of medical devices are boosting the ophthalmic photocoagulator market. An improved visual outcome with fewer side effects, drives continuous and enhanced research and development efforts in the field of retinal laser photocoagulation.
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The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.
Key Companies in the market include:
Quantel Medical, Alcon, ALMA, Lumenis, NIDEK, Meridian, Iridex Corporation, Valon Lasers, Ellex Medical Lasers, and Lombart
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Further key findings from the report suggest
Technological advancements in the field of medical devices is the key factor contributing to the market growth. In line with this, key market players are focused on strategic collaboration for product development which are well equipped with the cutting edge technology.
Retinal laser photocoagulation is the fastest growing segment with an expected CAGR of 6.3% due to the significant increase in the target disease such as diabetes. According to WHO, the incidences are expected to rise in the middle and low income developing countries and it is one of the major cause of the blindness.
According to the National Diabetes Statistics Report one of ten is suffering from diabetes which is nearly 9.4% of the total U.S population Moreover, new diagnosed diabetes cases of type 1 and type 2 have increased among the youth and it is further expected to increase.
According to International Diabetes Federation in 2017, approximately 425 million adults with the age group of 20-79 years were living with diabetes and it is expected to rise up to 629 million by the year 2045. This is anticipated to boost the ophthalmic photocoagulator market during the forecast period.
Laser Trabeculoplasty is the second largest segment in the application segment growing at the expected CAGR of 6.2% due to the rise in geriatric population in developing and developed nation. According to WHO, by 2020, the number of people aged 60 years and older will outnumber children younger than 5 year. The numbers are expected to rise especially in developing nation such as China and India therefore providing an extensive growth to the ophthalmic photocoagulator market.
The pace of population ageing all around the world is also dramatically increasing. For instance, by 2050, there will be nearly 120 million living in developing nation such as China alone
North America is expected to have the largest market share of 34.6%.Considering the clinical condition, according to American Academy of Ophthalmology, Diabetic retinopathy affects nearly 7.7 million Americans age 40 and older. The number of people in the United States with diabetes is increasing rapidly and it is expected to rise further. More than 29 million Americans have diabetes. Therefore, it is anticipated to positively influence the market growth during the forecast period.
Furthermore, the report segments Ophthalmic Photocoagulator market on the basis of key product types and applications and provides details about the revenue growth, revenue CAGR, and revenue share each segment is expected to register over the forecast period.
Application Outlook (Revenue, USD Million; 2016-2026)
Retinal Laser Photocoagulation
Laser Trabeculoplasty
Iridotomy
Iridoplasty
Others
Clinical Condition Outlook (Revenue, USD Million; 2016-2026)
Diabetic Retinopathy
Age related Macular Degeneration
Glaucoma
Others
End Use Outlook (Revenue, USD Million; 2016-2026)
Hospital
Clinics
Ambulatory Services
Ophthalmology Centers
Others
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For a better understanding of the global Ophthalmic Photocoagulator market dynamics, a regional analysis of the market across key geographical areas is offered in the report. The market is spread across key geographical regions such as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region is analysed on the basis of the market scenario in the major countries of the regions to provide a deeper understanding of the market. It provides insights into production and consumption patterns, supply and demand ratio, export/import, current and emerging trends and demands, market share, market size, revenue contribution, and presence of key players in each region.
In-depth regional analysis includes:
· North America (U.S., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of EU)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Features of the Global Ophthalmic Photocoagulator Market Report:
· Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
· Identification and analysis of significant trends and factors driving revenue growth of the market
· Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
· Assessment of each market segment along with their growth trends and market revenue contribution
· Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
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Vitreous Tamponades Market Growth Analysis up to 2025
Transparency Market Research (TMR) in a new market study reports that the global vitreous tamponades market is highly fragmented with the presence of small and medium sized players. A distinct feature of the market is that each region is dominated by a select number of players. For instance, the vitreous tamponades market in North America is dominated by Novartis AG and Valeant Pharmaceuticals that hold more than 50% of market share. Likewise, the European market for vitreous tamponades is characterized by the dominance of Dutch Ophthalmic Research Center B.V., AL. CHI. MI.A. srl, and Fluron GmbH.
A notable trend observed in the market is the thrust on research and development by keen companies to introduce newer products. This is to serve the demand for case - specific products for specialty medical procedures.
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As per estimates of the TR report, the global vitreous tamponades market stood at a valuation of US$69.3 mn in 2016and is likely to present an opportunity worth US$89.9 mn by the end of 2025 at a CAGR of 3.0% for the forecast period between 2017 and 2025.
In terms of product, liquid tamponades emerged as the lucrative segment holding 53.9% of the market in 2016. The supremacy of the segment is due to the widespread use of liquid tamponades over gaseous tamponades. The ophthalmology clinics send-use segment led the global vitreous tamponades market vis-à-vis revenue in 2016. Geography-wise, North America holds the leading share amongst other regions in vitreous tamponades market.
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Rising Incidence of Diabetes Leading to Retinal Conditions Boosts Growth
“Steady growth of vitreous tamponades market is witnessed due to increasing incidence of retinal detachments, diabetic retinopathy, macular pucker, and other retinal disorders,” explains the lead author of the study. As per statistics of the American Academy of Ophthalmology, 17 million cases of proliferative diabetic retinopathy were recorded globally in 2013. Diabetic retinopathy exclusively requires vitrectomy, which in turn, is stoking demand for vitreous tamponades.
This is because modern vitrectomy techniques rely heavily on vitreous substitutes for the reattachment of the retina. Moreover, as per statistics of the International Diabetes Federation, around 300 million diabetes cases were reported in 2010 globally and this figure is likely to reach 438 million by 2030. The rising incidence of diabetes that has a high risk to cause diabetes retinopathy and other retinal disorders is stoking the demand for tamponades to prevent impaired vision and even blindness.
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Prevalence of Retinal Detachment Stokes Demand for Tamponades for Vitrectomy
Further, the rising incidence of retinal detachment and other vitreoretinal disorders that can be corrected with vitrectomy is positively influencing the vitreous tamponades market. Vitrectomy involves surgical removal of the vitreous humor to be replaced with synthetic substitutes known as vitreous tamponades. In the human eye, vitreous humor is a vital component that acts as nutrition and as a refractive medium. In the event of trauma or upon aging, the vitreous humor disintegrates leading to tearing or detachment of the highly fragile retina.
Apart from this, growing elderly population globally is also considered as one of the key factors boosting the growth of vitreous tamponades market. This is because the aged population has a high risk of retinal breaks that requires effective treatment.
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Global Vitreoretinal Disorders Market Qualitative Analysis 2020-2027||DBMR Insights
Vitreoretinal disorders market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing with the healthy CAGR in the above-mentioned research forecast period. Rising prevalence of eye related disorders worldwide and emerging markets are the factors responsible for the growth of this market.
The major players covered in the vitreoretinal disorders market are Bausch & Lomb Incorporated., Alcon Inc., Genentech Inc., Amgen Inc., Pfizer Inc., and Regeneron, Sanofi among others.
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Global Vitreoretinal Disorders Market Scope and Market Size
The vitreoretinal disorders market is segmented on the basis of type, diagnosis, treatment, route of administration, end-users and distribution channel.
On the basis of type, the vitreoretinal disorders market is segmented into retinal tear, retinal detachment, diabetic retinopathy, macular hole, macular degeneration, and others The diagnosis for vitreoretinal disorders market includes digital fluorescein angiography, optical coherence tomography, heidelberg retinal tomography, indocyanine green angiography, and others On the basis of treatment, vitreoretinal disorders market is segmented into surgery, medication and others. Surgery further divided into Laser surgery, scatter laser photocoagulation, cryopexy, pneumatic retinopexy, cryotherapy, vitrectomy and others. Medication further divided into anti-VEGF and others. Route of administration segment of vitreoretinal disorders market is segmented into oral, parenteral, ocular and others On the basis of end-users, the vitreoretinal disorders market is segmented into hospitals, specialty clinics and others On the basis of distribution channel, vitreoretinal disorders market has also been segmented into hospital pharmacy, retail pharmacy others
The core objectives of this report are:
To analyze the status, future forecast, growth opportunity, key market factors, and key players in the global Vitreoretinal Disorders market. To present the development of Vitreoretinal Disorders market in the United States, Europe, and China. To summarize the key players tactically and analyze their development plans and strategies comprehensively. To reveal and forecast the market by product type, market and key regions. To discuss the future aspects impacting the global Vitreoretinal Disorders market in every possible way. To study the competition of market providers based on the factors such as innovation, reputation, pricing, service, promotion, and distribution. To gather the most important data from the research while arranging it in a proper manner so that the analysis is more efficient and effective.
Reasons to Purchase Vitreoretinal Disorders Market Report Covered:
The report gives an examination about how Vitreoretinal Disorders market will develop in the future. It studies a range of views of the Vitreoretinal Disorders market with the help of Porter’s five forces analysis. This market report analyzes the product type that is supposed to control the market and regions that are likely to witness the fastest development during the forecast period. It discovers the new developments, Vitreoretinal Disorders market shares and strategies employed by the key market players. It studies the competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years. The report provides whole company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Vitreoretinal Disorders market players.
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