Market Overview:
The global vitrectomy cutters 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 disorders, rising demand for minimally invasive surgeries, and technological advancements in vitrectomy cutters. Based on type, the global vitrectomy cutters market is segmented into nitrogen power-based and pneumatic power-based devices. The pneumatic power-based devices segment is expected to account for a larger share of the global market than the nitrogen power-based devices segment during the forecast period. This can be attributed to their low cost and easy availability compared with nitrogen power-based devices. Based on application, the global vitrectomy cutters market is divided into hospital settings, research institutes, and other applications such as ophthalmic clinics and ambulatory surgical centers (ASCs). The hospital settings segment accounted for a larger share of the overall market in 2017 owing to factors such as rising incidence of eye disorders requiring surgery and growing demand for minimally invasive surgeries.
Product Definition:
A vitrectomy cutter is a surgical instrument used to cut and remove the vitreous humor from the eye. The vitreous humor is a gel-like substance that fills the eye between the lens and retina. Removal of the vitreous humor can help to improve vision in cases of advanced age-related macular degeneration, severe diabetic retinopathy, or retinal detachment.
Nitrogen Power:
Nitrogen power is a gas used in the operation of microscopes. It is produced by the reaction between molecular nitrogen and oxygen. Nitrogen dioxide (NO2) and nitrogen monoxide (NO) are both types of nitrogen power, which are commonly used as cutting agents in ophthalmic surgeries such as vitrectomy. NO2 has a higher concentration compared to NO, thus it's usage increases with increasing optical magnification.
Pneumatic Power:
Pneumatic power is the term used to define the compressed air that is utilized in ophthalmic surgical procedures.
1) Low-pressure Pneumatic Systems (LPS) - These systems are used for small incisions and usually have a pressure range of 0-8 kg/cm2.
Application Insights:
Based on application, the global vitrectomy cutters market is segmented into hospital, research institutes and others. The hospital application segment dominated the market in 2017 owing to increasing awareness about advanced treatment options for eye diseases and rising number of patients suffering from eye disorders. According to WHO, in 2016 around 1 billion people worldwide were affected by diabetic retinopathy which if not treated could lead to blindness. Thus increasing demand for effective treatment options is expected to drive the hospital application segment over the forecast period.
The other applications include commercial institutes.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing diabetic retinopathy cases, high adoption of advanced surgical tools and devices, presence of well-established healthcare facilities, and favorable reimbursement policies & regulatory reforms in this region. Moreover, growing number of research studies conducted on retina surgery procedures to determine their efficacy is further driving the regional growth. For instance, a study was conducted by researchers from University of Alabama at Birmingham (UAB) Department of Ophthalmology & Visual Sciences that compared outcomes after cataract extraction using ultrasound versus conventional methods for measurement accuracy and precision during surgery preparation.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global trend of preferring minimally invasive surgeries over traditional open surgery is expected to benefit the vitrectomy cutters market. This is because the former are less traumatic and cause less pain and blood loss as compared to the latter.
- Rising prevalence of eye diseases: The increasing prevalence of eye diseases, such as age-related macular degeneration (AMD), diabetic retinopathy, and glaucoma, is anticipated to drive the demand for vitrectomy cutters in the coming years.
- Technological advancements: The emergence of new technologies in vitrectomy cutters has led to their increased adoption by surgeons worldwide. This is because these devices offer enhanced performance and safety features as compared to their predecessors.
- Growing number of surgical procedures: With growing awareness about available treatment options for various eye diseases, there has been a rise in the number of surgical procedures being performed globally each year. This is likely to create lucrative opportunities for players operating in the vitrectomy cutter market during forecast period 2017-2025 . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitrectomy Cutters Market Research Report
By Type
Nitrogen Power, Pneumatic Power, Other
By Application
Hospital, Research Institute, Other
By Companies
Bausch & Lomb, Abbott Medical, MID Labs, Alcon, Nidek, Lightmed, Optikon
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Vitrectomy Cutters Market Report Segments:
The global Vitrectomy Cutters market is segmented on the basis of:
Types
Nitrogen Power, Pneumatic Power, Other
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, Research Institute, 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:
- Bausch & Lomb
- Abbott Medical
- MID Labs
- Alcon
- Nidek
- Lightmed
- Optikon
Highlights of The Vitrectomy Cutters 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:
- Nitrogen Power
- Pneumatic Power
- Other
- By Application:
- Hospital
- Research Institute
- 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 Vitrectomy Cutters 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:
- Correctly Positioning New 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?
A vitrectomy cutter is a surgical instrument used to cut through the vitreous gel that fills the eye. This allows doctors to remove damaged or diseased tissue in the eye.
Some of the key players operating in the vitrectomy cutters market are Bausch & Lomb, Abbott Medical, MID Labs, Alcon, Nidek, Lightmed, Optikon.
The vitrectomy cutters 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 Vitrectomy Cutters 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 Vitrectomy Cutters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitrectomy Cutters 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 Vitrectomy Cutters 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 Vitrectomy Cutters Market Size & Forecast, 2020-2028
4.5.1 Vitrectomy Cutters Market Size and Y-o-Y Growth
4.5.2 Vitrectomy Cutters 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 Nitrogen Power
5.2.2 Pneumatic Power
5.2.3 Other
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 Research Institute
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitrectomy Cutters 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 Vitrectomy Cutters 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 Nitrogen Power
9.6.2 Pneumatic Power
9.6.3 Other
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 Research Institute
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 Nitrogen Power
10.6.2 Pneumatic Power
10.6.3 Other
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 Research Institute
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 Nitrogen Power
11.6.2 Pneumatic Power
11.6.3 Other
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 Research Institute
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 Nitrogen Power
12.6.2 Pneumatic Power
12.6.3 Other
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 Research Institute
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 Nitrogen Power
13.6.2 Pneumatic Power
13.6.3 Other
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 Research Institute
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 Vitrectomy Cutters Market: Competitive Dashboard
14.2 Global Vitrectomy Cutters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bausch & Lomb
14.3.2 Abbott Medical
14.3.3 MID Labs
14.3.4 Alcon
14.3.5 Nidek
14.3.6 Lightmed
14.3.7 Optikon
