Market Overview:
The global ophthalmic surgical technologies 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 disorders, rising demand for minimally invasive surgeries, and technological advancements in ophthalmic surgical devices. Based on type, the global ophthalmic surgical technologies market is segmented into excimer laser systems, femtosecond systems, laser ophthalmic surgical systems, and other ophthalmic surgical devices. Excimer laser systems are expected to account for the largest share of the global market in 2018 owing to their high adoption rates for corneal surgeries. Femtosecond lasers are projected to grow at a high rate during the forecast period as they are increasingly being used for cataract surgery and other complex procedures. Based on application, hospitals accounted for the largest share of the global ophthalmic surgical technologies market in 2017.
Product Definition:
Ophthalmic surgical technologies are medical devices and techniques used to treat eye diseases and disorders. They include lasers, scalpels, and other cutting instruments; microsurgical tools; and various forms of radiation. Ophthalmic surgical technologies are important because they allow doctors to treat a wide range of eye conditions with precision and accuracy.
Excimer Laser Systems:
Excimer laser systems are the most advanced technologies in ophthalmic surgical procedures. They offer several advantages over traditional surgeries such as reduced bleeding, less pain & trauma to the patient and faster recovery time.
Excimer lasers have been used extensively in cataract surgery and refractive surgery due to its benefits such as minimal or no post-operative complications, high success rate and low risk of infection transmission.
Femtosecond Systems:
The femtosecond systems is a new technology that was introduced in the year 1999. It has been an important step in the field of medical and dental surgeries. This system helps to perform surgery with extreme precision, thereby reducing trauma to tissues and improving success rate of procedures.
Application Insights:
Based on application, the global ophthalmic surgical technologies market is segmented into hospitals, clinics and optical stores, other centers. Hospitals held the largest share in 2017 owing to factors such as a high prevalence of eye diseases that require surgical treatment and availability of advanced healthcare facilities. Furthermore, an increase in the number of surgeries being performed at a time increases demand for ophthalmic surgical procedures which further drives growth.
Clinics and optical stores are projected to witness significant growth over the forecast period due to increasing awareness about preventative care among consumers coupled with rising disposable income levels in developing regions such as Asia Pacific and Central & South America. Moreover, these retail outlets offer convenient access to patients who have previously visited an optometrist or another specialty store for spectacles or contact lenses which also contributes towards segment growth during this period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, increasing prevalence of diseases like diabetes and glaucoma, rising awareness about advanced ophthalmic surgical procedures, and presence of major market players in this region. Moreover, growing number of research activities by companies to develop technologically advanced products is also expected to drive the growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure & availability of services due to increased penetration of private hospitals & eye care centers along with an increase in medical tourism for various treatments available only at a higher cost in developed countries.
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 technologies market. According to a study by the World Health Organization (WHO), over 285 million people are affected by visual impairment, which is expected to increase to more than 380 million by 2020. This growing population base is likely to drive demand for ophthalmic surgical technologies in the coming years.
- Rising awareness about advanced treatment options: There has been a rise in awareness about advanced treatment options for various eye diseases in recent years. This has led to an increase in demand for technologically advanced ophthalmic surgical devices and procedures.
- Growing geriatric population: The global geriatric population is growing at a rapid pace, owing to improvements in healthcare infrastructure and lifestyle changes across the world. This trend is expected to have a positive impact on the demand for ophthalmic surgical technologies in the coming years, as elderly patients are more prone to developing age-related vision problems than younger individuals..
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmic Surgical Technologies Market Research Report
By Type
Excimer Laser Systems, Femtosecond Systems, Laser Ophthalmic Surgical Systems, Ophthalmic Surgical Systems
By Application
Hospitals, Eye Care Centers, Eye Clinic, Others
By Companies
Essilor, Hoya Corporation, Nidek, Topcon Corporation, Carl Zeiss Meditek, STAAR Surgical, Alcon Laboratories, Johnson and Johnson, Bausch & Lomb, Essilor
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmic Surgical Technologies Market Report Segments:
The global Ophthalmic Surgical Technologies market is segmented on the basis of:
Types
Excimer Laser Systems, Femtosecond Systems, Laser Ophthalmic Surgical Systems, 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
Hospitals, Eye Care Centers, Eye 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:
- Essilor
- Hoya Corporation
- Nidek
- Topcon Corporation
- Carl Zeiss Meditek
- STAAR Surgical
- Alcon Laboratories
- Johnson and Johnson
- Bausch & Lomb
- Essilor
Highlights of The Ophthalmic Surgical Technologies 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:
- Excimer Laser Systems
- Femtosecond Systems
- Laser Ophthalmic Surgical Systems
- Ophthalmic Surgical Systems
- By Application:
- Hospitals
- Eye Care Centers
- Eye 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 Ophthalmic Surgical Technologies 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 technologies is a term used to describe the various surgical techniques and equipment that are used in ophthalmology. These technologies can be divided into two categories: intraocular surgery (IOS) and refractive surgery. IOS procedures include cataract removal, lens replacement, and glaucoma treatment. Refractive surgery includes laser vision correction, keratoconus treatment, and myopia correction using glasses or contact lenses.
Some of the major companies in the ophthalmic surgical technologies market are Essilor, Hoya Corporation, Nidek, Topcon Corporation, Carl Zeiss Meditek, STAAR Surgical, Alcon Laboratories, Johnson and Johnson, Bausch & Lomb, Essilor.
The ophthalmic surgical technologies market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ophthalmic Surgical Technologies 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 Technologies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ophthalmic Surgical Technologies 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 Technologies 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 Technologies Market Size & Forecast, 2020-2028
4.5.1 Ophthalmic Surgical Technologies Market Size and Y-o-Y Growth
4.5.2 Ophthalmic Surgical Technologies 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 Excimer Laser Systems
5.2.2 Femtosecond Systems
5.2.3 Laser Ophthalmic Surgical Systems
5.2.4 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 Hospitals
6.2.2 Eye Care Centers
6.2.3 Eye Clinic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmic Surgical Technologies 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 Technologies 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 Excimer Laser Systems
9.6.2 Femtosecond Systems
9.6.3 Laser Ophthalmic Surgical Systems
9.6.4 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 Hospitals
9.10.2 Eye Care Centers
9.10.3 Eye Clinic
9.10.4 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 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 Excimer Laser Systems
10.6.2 Femtosecond Systems
10.6.3 Laser Ophthalmic Surgical Systems
10.6.4 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 Hospitals
10.10.2 Eye Care Centers
10.10.3 Eye Clinic
10.10.4 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 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 Excimer Laser Systems
11.6.2 Femtosecond Systems
11.6.3 Laser Ophthalmic Surgical Systems
11.6.4 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 Hospitals
11.10.2 Eye Care Centers
11.10.3 Eye Clinic
11.10.4 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 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 Excimer Laser Systems
12.6.2 Femtosecond Systems
12.6.3 Laser Ophthalmic Surgical Systems
12.6.4 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 Hospitals
12.10.2 Eye Care Centers
12.10.3 Eye Clinic
12.10.4 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) 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 Excimer Laser Systems
13.6.2 Femtosecond Systems
13.6.3 Laser Ophthalmic Surgical Systems
13.6.4 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 Hospitals
13.10.2 Eye Care Centers
13.10.3 Eye Clinic
13.10.4 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 Ophthalmic Surgical Technologies Market: Competitive Dashboard
14.2 Global Ophthalmic Surgical Technologies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Essilor
14.3.2 Hoya Corporation
14.3.3 Nidek
14.3.4 Topcon Corporation
14.3.5 Carl Zeiss Meditek
14.3.6 STAAR Surgical
14.3.7 Alcon Laboratories
14.3.8 Johnson and Johnson
14.3.9 Bausch & Lomb
14.3.10 Essilor
