Global Glaucoma and Cataract Surgery Devices Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global glaucoma and cataract surgery devices market in its upcoming report titled, “Global Glaucoma and Cataract Surgery Devices Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global glaucoma and cataract surgery devices market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global glaucoma and cataract surgery devices market report has been segmented on the basis of product type, surgery type, end user, and region

Request Covid - 19 Impact

Glaucoma is a disease of the eye in which fluid pressure within the eye rises. Delay or if left untreated, the patient may lose vision and become blind forever.

Technological advancements in ophthalmic surgical devices coupled with growing geriatric populations with glaucoma disorder is a major factor driving growth of the global glaucoma and cataract surgery devices. In addition, increasing demand for minimal invasive surgical procedures and government initiatives such as favorable reimbursement policies in developed countries are another major factors driving growth of the global glaucoma and cataract surgery devices market.

However, high cost of surgery is a major factor retraining growth of the global glaucoma and cataract surgery devices market. In addition, lack of skilled professional, less awareness among general population regarding benefits of cataract surgery are another factors expected to challenge growth of the global glaucoma and cataract surgery devices market.

Technological advancements and increasing R&D activities by manufacturers and government initiatives regarding awareness related to glaucoma disorder and cataract surgery is expected to create new opportunities in terms of revenue to players operating in the global glaucoma and cataract surgery devices market over the forecast period.

North America market is expected to dominate in the global glaucoma and cataract surgery devices market with higher revenue share as compared to that of the other regional markets, and is expected to continue its dominance during the forecast period. This can be attributed to favorable reimbursement policies and presence of prominent players operating in countries in this region. According to Glaucoma Research Foundation in the U.S. 120,000 are blind from glaucoma, accounting for 9% to 12% of all cases of blindness. Europe market accounts for second-largest revenue share in the global glaucoma and cataract surgery devices market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to register fastest growth in terms of revenue, owing to increasing number of patient suffering from glaucoma and rising awareness regarding benefits of cataract surgery in emerging economies in this region.

Global Glaucoma and Cataract Surgery Devices Market Segmentation:

By Product Type:

• Glaucoma Surgery Device
  • Implant & Stent
  • Glaucoma Drainage
  • Glaucoma Laser Device
• Cataract Surgery Device
  • Intraocular Lens
  • Ophthalmic Viscoelastic Device
  • Phacoemulsification System

By Surgery Type:

• Glaucoma Surgery
  • Conventional Glaucoma Surgery
  • Minimally Invasive Glaucoma Surgery
• Cataract Surgery
  • Phacoemulsification
  • Extracapsular Cataract Extraction (ECCE) Surgery
  • Femtosecond Laser Surgery
  • Others

By End User:

• Hospital
• Ophthalmology Clinic
• Outpatient Surgery Center

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa