Market Overview:
The global retinal 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 disorders, rising geriatric population, and technological advancements in retinal surgery devices. Based on type, the global retinal surgery devices market is segmented into vitrectomy packs, retina lasers, vitrectomy machines, and others. The vitrectomy packs segment is expected to account for the largest share of the global retinal 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 due to its growing demand for minimally invasive surgeries and increasing use in complex surgeries such as macular hole repair and diabetic tractional detachment repair surgeries. Based on application, the global retinal surgery devices market is divided into hospital-based applications and clinic-based applications. The hospital-based applications segment accounted for majority share (64%) of total revenue generated by application segments in 2017 owing high adoption rates across developed countries such as U .S., Canada , Germany , France , Italy etc . However; with increase awareness about benefits associated with early diagnosis & treatment through clinics among people residing in developing countries; clinic-based applications are projected exhibit highest CAGR over next 10 years .
Product Definition:
A retinal surgery device is a medical tool used to help surgeons treat disorders of the retina, which is the light-sensitive membrane that lines the back of the eye. Retinal surgery devices include surgical lasers, vitrectomy machines, and other tools used to cut or remove tissue from the retina. These devices are important for treating conditions such as macular degeneration, diabetic retinopathy, and retinal detachment.
Vitrectomy Packs:
Vitrectomy packs is a new term in retinal surgery devices market. It's basically used to define the surgical pack that contains all the instruments required for removing vitreous from retina and placing it in a container outside the eye. The main function of this procedure is to allow safe removal of large amounts of fluid without causing any permanent damage to retina or other ocular tissues.
Retinal Lasers:
Retinal lasers and it's usage in retinal surgery devices market is expected to witness significant growth over the forecast period. The major factor that can be attributed to this growth is the increasing prevalence of Retinitis Pigmentosa (RP). According to statistics published by National Eye Institute, RP was estimated as one of the top five genetic eye diseases in U.S., affecting nearly 1.5 million people worldwide.
Application Insights:
Based on application, the market is segmented into hospital-based retinal surgery clinics, eye clinics and others. The hospital-based retinal surgery clinics dominated the market in 2017 owing to a high prevalence of visual impairment caused by diabetic retinopathy, macular degeneration and glaucoma. According to WHO¢â‚¬â„¢s estimates, over 300 million people are affected by glaucoma worldwide which will lead to blindness in over 70 million people by 2030 if action is not taken against this disease. Thus increasing number of patients visiting hospitals for treatment is expected to drive demand for these devices globally.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing diabetic retinopathy cases, technological advancements, and high adoption of minimally invasive surgeries. Moreover, presence of key players such as Carl Zeiss Meditec Group; Optos; Inc.; Bausch & Lomb; and Novartis AG is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population in countries such as Japan and China that are more prone towards developing vision related disorders like macular degeneration (MD), diabetic retinopathy, glaucoma etc., which will boost product demand over next eight years. Furthermore, growing medical tourism industry due to availability of advanced treatment at lower cost coupled with government initiatives for creating awareness about various treatments available would further propel regional growth during the forecast period (2018-2030).
Growth Factors:
- Increasing prevalence of retinal diseases: The global prevalence of retinal diseases is increasing rapidly due to the aging population and rising incidence of diabetes. This is expected to drive the demand for retinal surgery devices in the coming years.
- Technological advancements: The development of innovative technologies such as femtosecond lasers and optical coherence tomography (OCT) has revolutionized the field of retina surgery, making it more accurate and efficient. This is likely to boost the growth of the Retinal Surgery Devices market in future.
- Growing demand for minimally invasive procedures: Minimally invasive procedures are gaining popularity due to their shorter recovery time and fewer side effects as compared to traditional surgeries. This is expected to fuel the demand for retinal surgery devices in upcoming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Retinal Surgery Devices Market Research Report
By Type
Vitrectomy Packs, Retinal Lasers, Vitrectomy Machines, Others
By Application
Hospital, Eye Clinic, Others
By Companies
Alcon, Bausch & Lomb, Iridex, Synergetics USA, ASICO, Beaver-Visitec International, Biotech Visioncare, Carl Zeiss Meditec, Ellex Medical Lasers, Erbe Elektromedizin, Alcon, Geuder, Insight Instruments, Lumenis, Nano Retina, Oertli Instrumente, Peregrine Surgical, Quantel Medical, Retina Implant, Rhein Medical
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Retinal Surgery Devices Market Report Segments:
The global Retinal Surgery Devices market is segmented on the basis of:
Types
Vitrectomy Packs, Retinal Lasers, Vitrectomy Machines, 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, 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:
- Alcon
- Bausch & Lomb
- Iridex
- Synergetics USA
- ASICO
- Beaver-Visitec International
- Biotech Visioncare
- Carl Zeiss Meditec
- Ellex Medical Lasers
- Erbe Elektromedizin
- Alcon
- Geuder
- Insight Instruments
- Lumenis
- Nano Retina
- Oertli Instrumente
- Peregrine Surgical
- Quantel Medical
- Retina Implant
- Rhein Medical
Highlights of The Retinal 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:
- Vitrectomy Packs
- Retinal Lasers
- Vitrectomy Machines
- Others
- By Application:
- Hospital
- 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 Retinal 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.
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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?
Retinal surgery devices are medical instruments that are used to treat diseases or conditions of the retina. These devices may include lasers, cryotherapy, and other surgical techniques.
Some of the major companies in the retinal surgery devices market are Alcon, Bausch & Lomb, Iridex, Synergetics USA, ASICO, Beaver-Visitec International, Biotech Visioncare, Carl Zeiss Meditec, Ellex Medical Lasers, Erbe Elektromedizin, Alcon, Geuder, Insight Instruments, Lumenis, Nano Retina, Oertli Instrumente, Peregrine Surgical, Quantel Medical, Retina Implant, Rhein Medical.
The retinal surgery devices 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 Retinal 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 Retinal Surgery Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Retinal 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 Retinal 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 Retinal Surgery Devices Market Size & Forecast, 2018-2028
4.5.1 Retinal Surgery Devices Market Size and Y-o-Y Growth
4.5.2 Retinal Surgery Devices Market Absolute $ Opportunity
Chapter 5 Global Retinal 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 Retinal Surgery Devices Market Size Forecast by Type
5.2.1 Vitrectomy Packs
5.2.2 Retinal Lasers
5.2.3 Vitrectomy Machines
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Retinal 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 Retinal Surgery Devices Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Eye Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Retinal 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 Retinal 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 Retinal Surgery Devices Analysis and Forecast
9.1 Introduction
9.2 North America Retinal 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 Retinal Surgery Devices Market Size Forecast by Type
9.6.1 Vitrectomy Packs
9.6.2 Retinal Lasers
9.6.3 Vitrectomy Machines
9.6.4 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 Retinal Surgery Devices Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Eye 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 Retinal Surgery Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Retinal 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 Retinal Surgery Devices Market Size Forecast by Type
10.6.1 Vitrectomy Packs
10.6.2 Retinal Lasers
10.6.3 Vitrectomy Machines
10.6.4 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 Retinal Surgery Devices Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Eye 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 Retinal Surgery Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Retinal 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 Retinal Surgery Devices Market Size Forecast by Type
11.6.1 Vitrectomy Packs
11.6.2 Retinal Lasers
11.6.3 Vitrectomy Machines
11.6.4 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 Retinal Surgery Devices Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Eye 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 Retinal Surgery Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Retinal 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 Retinal Surgery Devices Market Size Forecast by Type
12.6.1 Vitrectomy Packs
12.6.2 Retinal Lasers
12.6.3 Vitrectomy Machines
12.6.4 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 Retinal Surgery Devices Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Eye 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) Retinal Surgery Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Retinal 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) Retinal Surgery Devices Market Size Forecast by Type
13.6.1 Vitrectomy Packs
13.6.2 Retinal Lasers
13.6.3 Vitrectomy Machines
13.6.4 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) Retinal Surgery Devices Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Eye 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 Retinal Surgery Devices Market: Competitive Dashboard
14.2 Global Retinal Surgery Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcon
14.3.2 Bausch & Lomb
14.3.3 Iridex
14.3.4 Synergetics USA
14.3.5 ASICO
14.3.6 Beaver-Visitec International
14.3.7 Biotech Visioncare
14.3.8 Carl Zeiss Meditec
14.3.9 Ellex Medical Lasers
14.3.10 Erbe Elektromedizin
14.3.11 Alcon
14.3.12 Geuder
14.3.13 Insight Instruments
14.3.14 Lumenis
14.3.15 Nano Retina
14.3.16 Oertli Instrumente
14.3.17 Peregrine Surgical
14.3.18 Quantel Medical
14.3.19 Retina Implant
14.3.20 Rhein Medical
