Market Overview:
The global iris retractors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for iris retractors in hospitals, clinics, and other applications. Additionally, the growing awareness about eye health is also contributing to the growth of this market. On the basis of type, disposable iris retractors are expected to dominate the global market during the forecast period from 2018 to 2030. This can be attributed to their low cost and easy disposal after use.
Product Definition:
Iris retractors are surgical instruments used to keep the iris open during surgery. This is important because the surgeon needs to have a clear view of the inside of the eye during surgery.
Disposable:
The global disposable is expected to grow at a CAGR of XX% from 2016 to 2024. The growth factor for the market is due to the increasing demand for convenience and hygiene products in the Iris retractors market. Disposable iris retractors are intended for single-use, which eliminates reusability and lowers cost as compared with reusable iris retractor, thereby propelling its demand globally.
Reusable:
Reusable Iris retractors are medical devices used to prevent the forward movement of the iris during ocular surgeries. These devices are intended for single-use and can be manufactured as metal or plastic frame with attached rubber or silicone cup. The cup is filled with a sterile solution which acts as a lubricant between its components, this helps in easy movement of the iris without causing any harm to it.
Application Insights:
The others application segment held the largest share of more than 60.0% in 2017. The other applications include home healthcare, clinics and hospitals, dental care, veterinary care, and other medical centers or offices. Iris retractors are used for various eye problems including meibomian gland disorder (MGD), dry eye syndrome (DES), eyelid surgery recovery room management of post-surgical eyes as well as daily usage for maintenance of normal vision at home or office without the need to go to a hospital or clinic everytime one has an issue with their vision.
Clinical studies have proven that patients who use reusable devices experience lesser pain during procedures along with faster healing process compared to those using disposable iris retractors which can be reused multiple times before being discarded after one use only due to high cost associated with it.
Regional Analysis:
North America dominated the global iris retractors market in 2017. The increasing number of ophthalmic disorders, rising cosmetic surgeries, and high adoption rate of advanced technologies are some major factors contributing to the growth of this regional market. In addition, growing demand for minimally invasive surgeries is expected to drive product demand in North America over the forecast period.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to a large population base and improving healthcare infrastructure in emerging countries such as China and India.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Iris retractors are an essential part of minimally invasive surgeries and are hence likely to benefit from this growth trend.
- Rising prevalence of eye diseases: The global prevalence of eye diseases is estimated to be around 285 million cases in 2020, according to the World Health Organization (WHO). This presents a significant opportunity for iris retractors manufacturers as they can tap into this large pool of potential customers. In addition, the increasing awareness about eye health among people worldwide will also help boost demand for iris retractors in the coming years.
- Technological advancements: Iris retractor manufacturers are constantly innovating their products in order to make them more user-friendly and efficient. For instance, some companies have started offering disposable iris retractors which reduce the risk of infection transmission between patients undergoing different procedures using the same device.. Such technological advancements will help fuel growth in the iris retractor market in future years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Iris Retractors Market Research Report
By Type
Disposable, Reusable
By Application
Hospital, Clinic, Others
By Companies
FCI Ophthalmics, Madhu Instruments Pvt, Focus Instruments, OASIS Medical, Altomed, Tecfen Medical, Rumex International Co, Biotech Healthcare, FCI Ophthalmics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Iris Retractors Market Report Segments:
The global Iris Retractors market is segmented on the basis of:
Types
Disposable, Reusable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FCI Ophthalmics
- Madhu Instruments Pvt
- Focus Instruments
- OASIS Medical
- Altomed
- Tecfen Medical
- Rumex International Co
- Biotech Healthcare
- FCI Ophthalmics
Highlights of The Iris Retractors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Disposable
- Reusable
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Iris Retractors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Iris retractors are a type of eyeglasses that help to keep your eyes open and prevent them from closing while you are reading or working.
Some of the major companies in the iris retractors market are FCI Ophthalmics, Madhu Instruments Pvt, Focus Instruments, OASIS Medical, Altomed, Tecfen Medical, Rumex International Co, Biotech Healthcare, FCI Ophthalmics.
The iris retractors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Iris Retractors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Iris Retractors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Iris Retractors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Iris Retractors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Iris Retractors Market Size & Forecast, 2018-2028 4.5.1 Iris Retractors Market Size and Y-o-Y Growth 4.5.2 Iris Retractors Market Absolute $ Opportunity
Chapter 5 Global Iris Retractors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Iris Retractors Market Size Forecast by Type
5.2.1 Disposable
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Iris Retractors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Iris Retractors Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Iris Retractors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Iris Retractors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Iris Retractors Analysis and Forecast
9.1 Introduction
9.2 North America Iris Retractors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Iris Retractors Market Size Forecast by Type
9.6.1 Disposable
9.6.2 Reusable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Iris Retractors Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Iris Retractors Analysis and Forecast
10.1 Introduction
10.2 Europe Iris Retractors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Iris Retractors Market Size Forecast by Type
10.6.1 Disposable
10.6.2 Reusable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Iris Retractors Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Iris Retractors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Iris Retractors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Iris Retractors Market Size Forecast by Type
11.6.1 Disposable
11.6.2 Reusable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Iris Retractors Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Iris Retractors Analysis and Forecast
12.1 Introduction
12.2 Latin America Iris Retractors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Iris Retractors Market Size Forecast by Type
12.6.1 Disposable
12.6.2 Reusable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Iris Retractors Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Iris Retractors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Iris Retractors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Iris Retractors Market Size Forecast by Type
13.6.1 Disposable
13.6.2 Reusable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Iris Retractors Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Iris Retractors Market: Competitive Dashboard
14.2 Global Iris Retractors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FCI Ophthalmics
14.3.2 Madhu Instruments Pvt
14.3.3 Focus Instruments
14.3.4 OASIS Medical
14.3.5 Altomed
14.3.6 Tecfen Medical
14.3.7 Rumex International Co
14.3.8 Biotech Healthcare
14.3.9 FCI Ophthalmics