Market Overview:
The global ophthalmic knife 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 prevalence of eye diseases, rising demand for minimally invasive surgeries, and technological advancements in ophthalmic knives. By type, the diamond knife segment is expected to lead the global ophthalmic knife market during the forecast period. By application, hospitals are expected to account for a major share of the global ophthalmic knife market during the forecast period.
Product Definition:
An ophthalmic knife is a surgical instrument used to make an incision in the cornea. It is a sharp, pointed blade that is inserted into the eye to cut the cornea. The ophthalmic knife is important because it allows surgeons to make precise incisions in the cornea during surgery.
Diamond Knife:
Diamond knife is a cutting instrument used in ophthalmic surgery. It's basically an eyepatch with two blades attached to it, which are used for making small incisions and shaving the cornea. The diamond-shaped piece of metal is inserted between the blades and operated with hand pressure or by using a mallet like device known as davit.
Laser Knife:
A laser knife is a diagnostic device that emits light and cuts tissue. It's used for cutting the conjunctiva, corneal endothelium, corneal stroma or sclera during ophthalmic surgeries. The surgery is performed with the help of an ophthalmologist who uses a laser to cut tissues without damaging them and allows healing process by promoting blood flow.
Application Insights:
Based on application, the global ophthalmic knife market is segmented into hospital, clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to a high prevalence of diseases such as diabetes and glaucoma which require surgical treatment for effective management. In addition, a rising number of surgeries being performed at hospitals coupled with increasing government funding for the development of advanced healthcare infrastructure is expected to drive demand over the forecast period.
The Clinic segment is anticipated to witness significant growth over the forecast period owing to an increase in patients visiting ophthalmologists due to eye-related disorders or injuries that need medical attention immediately rather than waiting for a scheduled appointment at a medical facility. Owing to this growing trend, companies are developing products specifically designed for emergency care thereby driving product demand globally during this time span.
Regional Analysis:
North America dominated the global market in 2017. High adoption of advanced ophthalmic treatments, increasing prevalence of eye-related disorders, and rising awareness about the availability of advanced knives are some factors responsible for its large share. Moreover, presence of major players such as Bausch & Lomb and Allergan is also expected to drive growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regions owing to high unmet clinical needs coupled with rapidly improving healthcare infrastructure in emerging countries such as China and India. In addition, increasing number offoreign medical schools that include elective modules on ophthalmology care will further boost demand during the forecast period. For instance, Dr Suresh Eye Hospital (FEH) established by Dr Suresh Group in India offers a course on Advanced Ocular Therapeutics that includes laser knife treatment for glaucoma patients under supervisionof an experienced doctor (Figure 1).
Growth Factors:
- Increasing prevalence of eye diseases and disorders: The global ophthalmic knife market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing prevalence of eye diseases and disorders. According to the World Health Organization (WHO), over 285 million people are visually impaired worldwide, out of which 39 million are blind and 246 million have low vision. This number is expected to increase due to the aging population and rising incidence of chronic eye diseases such as glaucoma, age-related macular degeneration (AMD), diabetic retinopathy, etc.
- Rising demand for minimally invasive surgeries: The growth in ophthalmic knife market is also attributed to the increasing demand for minimally invasive surgeries. Ophthalmic knives offer several advantages over traditional surgical procedures such as smaller incisions, less tissue damage, shorter recovery time, etc., which has led to their growing popularity among surgeons worldwide.
- Technological advancements: The advancement in technology has led to the development of new types of ophthalmic knives with enhanced features that offer better performance and safety than traditional surgical knives used for ophthalmic surgery procedures . This is likelyto boostthe adoption rateof these devicesamongsurgeonsand patients alike .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmic Knife Market Research Report
By Type
Diamond Knife, Laser Knife, Others
By Application
Hospital, Clinic
By Companies
Sidapharm, LUTZ BLADES, MANI, Alcon, Inc., Beaver-Visitec International(BVI), Diamatrix, KAI Group, Surgi Edge, 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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmic Knife Market Report Segments:
The global Ophthalmic Knife market is segmented on the basis of:
Types
Diamond Knife, Laser Knife, Others
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
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:
- Sidapharm
- LUTZ BLADES
- MANI
- Alcon, Inc.
- Beaver-Visitec International(BVI)
- Diamatrix
- KAI Group
- Surgi Edge
- FCI Ophthalmics
Highlights of The Ophthalmic Knife 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:
- Diamond Knife
- Laser Knife
- Others
- By Application:
- Hospital
- Clinic
- 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 Ophthalmic Knife 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?
An ophthalmic knife is a medical device used to cut the eyelid and remove debris from the eye.
Some of the major players in the ophthalmic knife market are Sidapharm, LUTZ BLADES, MANI, Alcon, Inc., Beaver-Visitec International(BVI), Diamatrix, KAI Group, Surgi Edge, FCI Ophthalmics.
The ophthalmic knife market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ophthalmic Knife 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 Ophthalmic Knife Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ophthalmic Knife 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 Ophthalmic Knife 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 Ophthalmic Knife Market Size & Forecast, 2020-2028 4.5.1 Ophthalmic Knife Market Size and Y-o-Y Growth 4.5.2 Ophthalmic Knife Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Diamond Knife
5.2.2 Laser Knife
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmic Knife 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 Ophthalmic Knife 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Diamond Knife
9.6.2 Laser Knife
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Diamond Knife
10.6.2 Laser Knife
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Diamond Knife
11.6.2 Laser Knife
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Diamond Knife
12.6.2 Laser Knife
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Diamond Knife
13.6.2 Laser Knife
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
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 Ophthalmic Knife Market: Competitive Dashboard
14.2 Global Ophthalmic Knife Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sidapharm
14.3.2 LUTZ BLADES
14.3.3 MANI
14.3.4 Alcon, Inc.
14.3.5 Beaver-Visitec International(BVI)
14.3.6 Diamatrix
14.3.7 KAI Group
14.3.8 Surgi Edge
14.3.9 FCI Ophthalmics