Global Ophthalmic Surgical Technologies Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
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May 2023
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This report was compiled by Trishita Deb Trishita Deb is an experienced market research and consulting professional with over 7 years of expertise across healthcare, consumer goods, and materials, contributing to over 400 healthcare-related reports. Correspondence Team Lead- Healthcare Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global ophthalmic surgical technologies market in its upcoming report titled, “Global Ophthalmic Surgical Technologies Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global ophthalmic surgical technologies market is estimated to develop nearly by xx percent globally. 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 2027. 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. Global ophthalmic surgical technologies market report has been segmented on the basis of product type, surgical type, end user and region.
Advancement in medical technology aids ophthalmologists to carry out delicate eye surgeries. Medical knowledge coupled with various technologies enhances information and control for the surgeon, and improve outcomes for the patient. Ophthalmic surgery is also known as eye surgery or ocular surgery; this is surgery performed on the eye or any part of eye. For retinal defects, remove cataracts or cancer, or to repair eye muscles surgery on the eye is performed. The most common purpose of ophthalmologic surgery is to restore or improve vision. Ophthalmic surgery is a medical procedure that involves incision with instruments in order to repair damage or inhibit the growth of disease in eye. According to WHO 2010 estimates, the major global causes of moderate to severe vision impairment are uncorrected refractive errors, un-operated cataract, age-related macular degeneration, glaucoma and diabetic retinopathy. There are approximately 4 percent yearly development in ophthalmic surgeries technologies around the world. In addition, according to WHO, by 2019, it is estimated that 84% of all visual impairment cases would be among those aged 50 years or more.
Growing geriatric population and increase prevalence of eye disorders are expected to drive the growth of the ophthalmic surgical technologies market globally. In addition, growing awareness about eye care, increasing government initiative to control visual impairment, and technological advancement.
High cost associated with ophthalmic surgery instrument and stringent reimbursement structure in ophthalmic industry are some of the other factors that are expected to hamper the growth of market.
Growing use case of robots in eye surgical procedures, especially in the developed countries, is being witnessed over the recent years. Robots offer high accuracy and can perform better where delicate operations are done. Ophthalmic surgical technologies are likely to be adopted by a number of major players in the healthcare industry as well as by number of governments across the world in the near future. The emerging technologies such as 3D bio-printing, developments in prototyping lab-on-a-chip, new biopolymers to be used in eye enucleation, the detection of eye biomarkers at the cellular level, bio-sensors, are improving the quality of life of patients after ophthalmic surgery.
On the basis of region, the ophthalmic surgical technologies market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. On the basis of product type, the ophthalmic surgical technologies market is segmented into femtosecond systems, excimer laser systems, YAG laser systems, and phacoemulsification systems. On the basis of product type, the ophthalmic surgical technologies market is surgery type into cataract surgery, refractive surgery, glaucoma surgery, and retinal surgery. On the basis of product type, the ophthalmic surgical technologies market is end user into ambulatory surgery center, hospitals, and eye care centre. Among all the product type segment, femtosecond systems dominate the ophthalmic surgical technologies market owing to increase demand of ‘femtosecond bladeless LASIK technology’ to treat all laser eye surgeries.
Global Ophthalmic Surgical Technologies Market Segmentation:
Global ophthalmic surgical technologies market segmentation by product type:
- femtosecond systems
- excimer laser systems
- YAG laser systems
- phacoemulsification systems
Global ophthalmic surgical technologies market segmentation by surgery type:
- cataract surgery
- refractive surgery
- glaucoma surgery
- retinal surgery
Global ophthalmic surgical technologies market segmentation by end user:
- ambulatory surgery center
- hospitals
- eye care centre
Global ophthalmic surgical technologies market segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Alcon Inc.
- Johnson & Johnson Inc.
- Lumenis Holdings, Inc.
- Nidek Co. Ltd.
- Carl Zeiss Meditec, Inc.
- Iridex Corporation
- Hoya Holdings, Inc.
- Topcon Medical Systems, Inc.
- Ziemer Ophthalmic Systems AG
- Bausch & Lomb Incorporated
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