Global Ocular Surgery Market Trends, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global ocular surgery market in its upcoming report titled, “Global Ocular Surgery Market Trends, Analysis, Growth, and Forecast: 2018 to 2027”. The global ocular surgery 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 global ocular surgery market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global ocular surgery market, their financials, supply chain trends, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global ocular surgery market report has been segmented on the basis of procedure, device type, and region.

Blindness is lack of vision and it can be referred as partial blindness, having very limited vision or complete blindness. Eye diseases such as glaucoma, cataract, macular degeneration, retinitis pigmentosa leads to blindness. Furthermore, people with eye disease, diabetes, premature babies or people who works with toxic chemicals are at risk of blindness. According to World Health Organization (WHO) data as of 2017, an estimated 253 million people live with vision impairment, whereas 36 million are blind globally.

Increasing prevalence of ocular diseases such as cataract and glaucoma globally is a major factor contributing to growth of the global ocular surgery market. In addition, growing geriatric population will in turn create demand for ocular surgery is other factor contributing to growth of the global ocular surgery market. Moreover, rising awareness about ocular diseases such as glaucoma and cataract globally, coupled with several governments and non-profit organizations providing education and support services, is anticipated to further drive growth of the global ocular surgery market over the forecast period.

High cost for the surgery and lack of eye surgeons in developing economics are major factors restraining the growth of the global ocular surgery market.

North America market dominates the global ocular surgery market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to well-developed healthcare infrastructure and availability of skilled medical personnel and increasing number of ocular diseases in the region. Europe accounts for second-largest revenue share contribution to the global ocular surgery market, followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively. The market in Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years, owing to increasing investment by key market players in emerging markets and increasing number of cataract surgeries in the region.

Global Ocular Surgery Market Segmentation:

Global ocular surgery market segmentation, by procedure:

• Cataract Surgery
• Glaucoma Surgery
• Vitrectomy

Global ocular surgery market segmentation, by device type:

• Cataract Surgery Devices
  • Intraocular Lenses (IOL)
  • Ophthalmic Viscosurgical Devices (OVD)
  • Phacoemulsification Devices
• Glaucoma Surgery Devices
  • Glaucoma Drainage Device (GDD)
  • Implants and Stents
• Vitrectomy Surgery Devices

Global ocular surgery market segmentation, by region:

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