Market Overview:
The global ocular surgery devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye diseases, rising geriatric population, and technological advancements in ocular surgery devices. Based on type, the cataract surgery devices segment is expected to account for the largest share of the global ocular surgery devices market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to factors such as increasing incidence of cataracts and growing demand for advanced surgical procedures for treating cataracts. Based on application, hospitals are expected to account for the largest share of the global ocular surgery devices market in 2018.
Product Definition:
Ocular surgery devices are used in the surgical treatment of disorders and diseases of the eye. These devices include instruments such as scissors, forceps, and retractors that are used to manipulate tissue and organs within the eye. Ocular surgery devices also include lasers and other energy sources that are used to treat conditions such as cataracts, glaucoma, and diabetic retinopathy.
Cataract Surgery Devices:
Cataract surgery devices, it's usage and growth factor in Ocular Surgery Devices market? by Dr.
The global cataract surgery devices market was valued at USD 2.5 billion in 2014 and is expected to grow at a CAGR of XX% over the forecast period (2015-2022).
Glaucoma Surgery Devices:
Glaucoma surgery devices are used in ocular surgeries to prevent or reduce further damage to the eye due to a rise in intraocular pressure (IOP). IOP is the pressure inside the eye and any increase in it can lead to glaucoma. Surgery devices help lower IOP by reducing excess fluid, increasing aqueous flow, or decreasing elevated blood volume. These surgical procedures are performed on an outpatient basis and do not require hospital admission.
Application Insights:
Based on application, the global market is segmented into hospitals, clinics and ophthalmic surgery centers, others. Hospitals held the largest share in 2017 owing to factors such as a large patient base requiring surgical treatment of various eye diseases along with an increase in number of hospital-based diagnostic centers for glaucoma and refractive errors.
The others segment includes companies that provide services pertaining to advanced medical equipment but do not have their own facilities. These companies primarily outsource surgeries to be performed at their partner facilities located near hospitals or clinics where they have an office or representative office. For instance, Alcon Laboratories provides disposable lenses for patients undergoing cataract surgery at partner sites across Europe and Asia Pacific regions through its network of Alcon Service Centers & Optical Outlets. The company has optical outlets at over 1 million locations worldwide including doctors' offices, retail stores and online since 2016 (as of 2018).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, rising prevalence of ocular disorders, and increasing awareness about advanced treatment options for eye diseases. Moreover, the presence of major players in this region is expected to boost revenue growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to a rise in diabetic retinopathy patients and aging population along with increasing healthcare spending by governments & private sectors especially due to rising incidences of avoidable blindnesses caused by lack of access to quality eye care services coupled with growing disposable income levels which leads people opt for technologically advanced treatment methods such as surgery devices used for treating various retinal disorders including glaucoma, macular degeneration etc. In addition, improving healthcare infrastructure will also contribute towards regional market growth over the next eight years.
Growth Factors:
- Increasing prevalence of eye disorders and blindness: The increasing prevalence of various eye disorders, such as cataract, glaucoma, age-related macular degeneration (AMD), and diabetic retinopathy is expected to drive the demand for ocular surgery devices in the coming years. According to a study by The National Eye Institute (NEI), around 2.2 million people in the U.S were affected by blindness in 2010 and this number is estimated to reach 3 million by 2020. This growing incidence of blindness is expected to create a high demand for ocular surgery devices in the near future.
- Rising geriatric population: The global geriatric population is growing at a rapid pace and this is anticipated to drive the demand for ocular surgery devices in the coming years. According to estimates by United Nations Department of Economic and Social Affairs Population Division, around 809 million people aged 60 or above will be living worldwide by 2050, accounting for nearly 22% of the world’s population. This rising geriatric population is more susceptible to various eye disorders such as cataract, AMD etc., which would create a high demand for ocular surgery devices over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Ocular Surgery Devices Market Research Report
By Type
Cataract Surgery Devices, Glaucoma Surgery Devices, Refractive Surgery Devices, Vitreoretinal Surgery Devices
By Application
Hospitals, Clinics, Others
By Companies
A.R.C. Laser Gmbh, Accutome, Inc., Alcon, Inc., AqueSys, Inc., Bausch & Lomb, Inc., Carl Zeiss Meditech AG, Ellex Medical Lasers Ltd., Johnson & Johnson Vision Care Inc., Lumenis Ltd., Meridian AG, Rhein Medical, Inc., STAAR Surgical Company
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Ocular Surgery Devices Market Report Segments:
The global Ocular Surgery Devices market is segmented on the basis of:
Types
Cataract Surgery Devices, Glaucoma Surgery Devices, Refractive Surgery Devices, Vitreoretinal Surgery Devices
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
Hospitals, Clinics, 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:
- A.R.C. Laser Gmbh
- Accutome, Inc.
- Alcon, Inc.
- AqueSys, Inc.
- Bausch & Lomb, Inc.
- Carl Zeiss Meditech AG
- Ellex Medical Lasers Ltd.
- Johnson & Johnson Vision Care Inc.
- Lumenis Ltd.
- Meridian AG
- Rhein Medical, Inc.
- STAAR Surgical Company
Highlights of The Ocular Surgery Devices 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:
- Cataract Surgery Devices
- Glaucoma Surgery Devices
- Refractive Surgery Devices
- Vitreoretinal Surgery Devices
- By Application:
- Hospitals
- Clinics
- 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 Ocular Surgery Devices 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.
How you may use our products:
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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?
Ocular surgery devices are medical devices that are used to treat eye diseases and injuries. These devices can include lasers, surgical scissors, and other tools.
Some of the key players operating in the ocular surgery devices market are A.R.C. Laser Gmbh, Accutome, Inc., Alcon, Inc., AqueSys, Inc., Bausch & Lomb, Inc., Carl Zeiss Meditech AG, Ellex Medical Lasers Ltd., Johnson & Johnson Vision Care Inc., Lumenis Ltd., Meridian AG, Rhein Medical, Inc., STAAR Surgical Company.
The ocular surgery devices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ocular Surgery Devices 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 Ocular Surgery Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ocular Surgery Devices 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 Ocular Surgery Devices 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 Ocular Surgery Devices Market Size & Forecast, 2018-2028
4.5.1 Ocular Surgery Devices Market Size and Y-o-Y Growth
4.5.2 Ocular Surgery Devices Market Absolute $ Opportunity
Chapter 5 Global Ocular Surgery Devices 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 Ocular Surgery Devices Market Size Forecast by Type
5.2.1 Cataract Surgery Devices
5.2.2 Glaucoma Surgery Devices
5.2.3 Refractive Surgery Devices
5.2.4 Vitreoretinal Surgery Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ocular Surgery Devices 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 Ocular Surgery Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ocular Surgery Devices 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 Ocular Surgery Devices 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 Ocular Surgery Devices Analysis and Forecast
9.1 Introduction
9.2 North America Ocular Surgery Devices 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 Ocular Surgery Devices Market Size Forecast by Type
9.6.1 Cataract Surgery Devices
9.6.2 Glaucoma Surgery Devices
9.6.3 Refractive Surgery Devices
9.6.4 Vitreoretinal Surgery Devices
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 Ocular Surgery Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
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 Ocular Surgery Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Ocular Surgery Devices 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 Ocular Surgery Devices Market Size Forecast by Type
10.6.1 Cataract Surgery Devices
10.6.2 Glaucoma Surgery Devices
10.6.3 Refractive Surgery Devices
10.6.4 Vitreoretinal Surgery Devices
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 Ocular Surgery Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
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 Ocular Surgery Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ocular Surgery Devices 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 Ocular Surgery Devices Market Size Forecast by Type
11.6.1 Cataract Surgery Devices
11.6.2 Glaucoma Surgery Devices
11.6.3 Refractive Surgery Devices
11.6.4 Vitreoretinal Surgery Devices
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 Ocular Surgery Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
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 Ocular Surgery Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Ocular Surgery Devices 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 Ocular Surgery Devices Market Size Forecast by Type
12.6.1 Cataract Surgery Devices
12.6.2 Glaucoma Surgery Devices
12.6.3 Refractive Surgery Devices
12.6.4 Vitreoretinal Surgery Devices
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 Ocular Surgery Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
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) Ocular Surgery Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ocular Surgery Devices 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) Ocular Surgery Devices Market Size Forecast by Type
13.6.1 Cataract Surgery Devices
13.6.2 Glaucoma Surgery Devices
13.6.3 Refractive Surgery Devices
13.6.4 Vitreoretinal Surgery Devices
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) Ocular Surgery Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
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 Ocular Surgery Devices Market: Competitive Dashboard
14.2 Global Ocular Surgery Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A.R.C. Laser Gmbh
14.3.2 Accutome, Inc.
14.3.3 Alcon, Inc.
14.3.4 AqueSys, Inc.
14.3.5 Bausch & Lomb, Inc.
14.3.6 Carl Zeiss Meditech AG
14.3.7 Ellex Medical Lasers Ltd.
14.3.8 Johnson & Johnson Vision Care Inc.
14.3.9 Lumenis Ltd.
14.3.10 Meridian AG
14.3.11 Rhein Medical, Inc.
14.3.12 STAAR Surgical Company
