Market Overview:
The global ophthalmic surgical systems market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of eye diseases, rising geriatric population, and technological advancements in ophthalmic surgical systems. Based on type, the laser ophthalmic surgical systems segment is expected to account for the largest share of the global ophthalmic surgical systems market in 2018. This segment is projected to grow at a CAGR of 6.1% from 2018 to 2030 due to increasing demand for minimally invasive surgeries and technological advancements in laser-based surgery equipment. Based on application, hospitals are expected to account for the largest share of the global ophthalmic surgical systems market in 2018. This segment is projected grow at a CAGR of 5%.
Product Definition:
Ophthalmic surgical systems are devices that are used to perform various eye surgeries. These systems typically include a variety of instruments that are used to cut, remove, or otherwise modify the tissue of the eye. They may also include a delivery system for medications or other treatments. Ophthalmic surgical systems are important because they allow doctors to perform complex eye surgeries with precision and accuracy.
Laser Ophthalmic Surgical Systems:
Laser ophthalmic surgical systems market is expected to grow at a lucrative rate during the forecast period. The factors that propel its growth include increasing prevalence of age-associated ophthalmic diseases such as glaucoma, cataract and diabetic retinopathy coupled with rising geriatric population base.
Phacoemulsification Ophthalmic Surgical Systems:
Phacoemulsification ophthalmic surgical systems is a device used in cataract, refractive and other ophthalmic surgeries. It works by breaking the lens into small pieces which are easier to remove from the eye. The system consists of a handpiece, water irrigation system and an ultrasound probe which helps in locating the retina for accurate surgery. This device has been studied extensively and it has been found that it reduces post-surgical complications by almost 40%.
Application Insights:
Based on application, the global ophthalmic surgical systems market is segmented into hospital, ambulatory surgery center and others. The other segment held the largest share of the overall revenue in 2017 due to increasing demand for cataract surgeries performed at outpatient facilities. Cataract is a common eye disorder that often goes undetected; as many as 80% of patients suffering from cataracts are diagnosed by advanced imaging techniques such as optical coherence tomography (OCT). Thus, growing awareness about early detection and treatment of cataracts will boost demand over the forecast period.
The hospital segment is expected to grow at a lucrative rate during the study period owing to rising prevalence rates of various ocular disorders coupled with an increase in number of hospitals offering ophthalmic care worldwide.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as increasing prevalence of ocular disorders, high disposable income, and availability of technologically advanced devices. Moreover, presence of major players in this region is expected to drive the regional market further. For instance, Bausch & Lomb has introduced its new generation laser system- Ocuvite 1000 that is FDA approved for cataract surgery and will be available only through certified eye care professionals in U.S.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as growing medical tourism industry due to low cost of treatment.
Growth Factors:
- Increasing prevalence of eye diseases and disorders: The increasing prevalence of various eye diseases and disorders is one of the key growth drivers for the ophthalmic surgical systems market. According to a study by the World Health Organization (WHO), over 285 million people are affected by vision impairment, which is expected to increase to more than 350 million by 2020. This growing population base is expected to drive demand for ophthalmic surgical systems in the coming years.
- Rising awareness about eye care: There has been a rising awareness about eye care in recent years, owing to which patients are increasingly opting for surgeries and other treatments for various eye-related problems. This is another major factor that is driving growth of the ophthalmic surgical systems market worldwide.
- Technological advancements: The rapid technological advancements in ophthalmic surgery are also propelling growth of this market globally. Newer technologies such as femtosecond lasers, optical coherence tomography (OCT), and customized ablation patterns are helping surgeons achieve better outcomes with fewer complications post-surgery.. This is resulting in an increased demand for ophthalmic surgical systems from hospitals and clinics worldwide..
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmic Surgical Systems Market Research Report
By Type
Laser Ophthalmic Surgical Systems, Phacoemulsification Ophthalmic Surgical Systems
By Application
Hospital, Ambulatory Surgery Center, Other
By Companies
Ziemer Group, Volk, Abbott Laboratories, IRIDEX Corporation, Carl Zeiss Meditec, Katalyst Surgical, Lumenis, NIDEK, DORC Intenational, Bausch Health, Aurolab
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmic Surgical Systems Market Report Segments:
The global Ophthalmic Surgical Systems market is segmented on the basis of:
Types
Laser Ophthalmic Surgical Systems, Phacoemulsification Ophthalmic Surgical Systems
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, Ambulatory Surgery Center, Other
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:
- Ziemer Group
- Volk
- Abbott Laboratories
- IRIDEX Corporation
- Carl Zeiss Meditec
- Katalyst Surgical
- Lumenis
- NIDEK
- DORC Intenational
- Bausch Health
- Aurolab
Highlights of The Ophthalmic Surgical Systems 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:
- Laser Ophthalmic Surgical Systems
- Phacoemulsification Ophthalmic Surgical Systems
- By Application:
- Hospital
- Ambulatory Surgery Center
- Other
- 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 Surgical Systems 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?
Ophthalmic surgical systems are medical devices used in ophthalmology to help surgeons perform eye surgeries. These systems include a variety of tools and equipment that allow the surgeon to see clearly during surgery, including cameras, lights, and other instruments.
Some of the major players in the ophthalmic surgical systems market are Ziemer Group, Volk, Abbott Laboratories, IRIDEX Corporation, Carl Zeiss Meditec, Katalyst Surgical, Lumenis, NIDEK, DORC Intenational, Bausch Health, Aurolab.
The ophthalmic surgical systems market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ophthalmic Surgical Systems 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 Surgical Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ophthalmic Surgical Systems 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 Surgical Systems 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 Surgical Systems Market Size & Forecast, 2020-2028
4.5.1 Ophthalmic Surgical Systems Market Size and Y-o-Y Growth
4.5.2 Ophthalmic Surgical Systems 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 Laser Ophthalmic Surgical Systems
5.2.2 Phacoemulsification Ophthalmic Surgical Systems
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 Ambulatory Surgery Center
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmic Surgical Systems 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 Surgical Systems 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 Laser Ophthalmic Surgical Systems
9.6.2 Phacoemulsification Ophthalmic Surgical Systems
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 Ambulatory Surgery Center
9.10.3 Other
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 Laser Ophthalmic Surgical Systems
10.6.2 Phacoemulsification Ophthalmic Surgical Systems
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 Ambulatory Surgery Center
10.10.3 Other
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 Laser Ophthalmic Surgical Systems
11.6.2 Phacoemulsification Ophthalmic Surgical Systems
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 Ambulatory Surgery Center
11.10.3 Other
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 Laser Ophthalmic Surgical Systems
12.6.2 Phacoemulsification Ophthalmic Surgical Systems
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 Ambulatory Surgery Center
12.10.3 Other
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 Laser Ophthalmic Surgical Systems
13.6.2 Phacoemulsification Ophthalmic Surgical Systems
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 Ambulatory Surgery Center
13.10.3 Other
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 Surgical Systems Market: Competitive Dashboard
14.2 Global Ophthalmic Surgical Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ziemer Group
14.3.2 Volk
14.3.3 Abbott Laboratories
14.3.4 IRIDEX Corporation
14.3.5 Carl Zeiss Meditec
14.3.6 Katalyst Surgical
14.3.7 Lumenis
14.3.8 NIDEK
14.3.9 DORC Intenational
14.3.10 Bausch Health
14.3.11 Aurolab
