Market Overview:
The global vitrectomy machines market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of eye disorders, rising awareness about advanced vitrectomy procedures, and technological advancements in vitrectomy machines. Based on type, the global vitrectomy machines market is segmented into 1000 revolutions, 2500 revolutions, and other types. The 1000 revolutions segment is expected to account for the largest share of the global market in 2018 owing to its low cost and easy availability. However, the 2500 revolutions segment is projected to grow at a higher CAGR during the forecast period as it offers better performance than other types of machines available in the market. Based on application,the global vitrectomy machines market is divided into diabetic retinopathy, retinal detachment,, epiretinal membrane,, macular hole,, and other applications. The diabetic retinopathy segment accounted for majority share of this market in 2017 due to high prevalence rate of diabetes across all regions worldwide . However ,the macular hole segmentis projectedto grow at highest CAGRduringthe forecastperioddue tobetter outcomes offered by these devices as compared toprevious treatments options availablefor this condition .
Product Definition:
A vitrectomy machine is a surgical device used to remove the vitreous humor from the eye. The vitreous humor is a clear, jelly-like substance that fills the eye between the lens and retina. Removal of this material can help improve vision in patients with certain types of eye diseases or injuries.
1000 Revolutions:
1000 REVolutions is a global initiative started by the International Society of Aesthetic Plastic Surgery (ISAPS) in 2015. The primary objective of this initiative was to raise awareness about the benefits and safety associated with 1000 REVolutions per day, which is performed around 1.5 million times every year as compared to the conventional 500 revolutions per day used for cataract surgeries globally.
2500 Revolutions:
2500 REVolutions is a high-speed, low-torque motor with an operating speed of 0 to 25000 RPM. It provides ultra-smooth rotation making it ideal for Vitrectomy (vision correction) procedures. 2500 REVolutions has over 60% more torque than standard motors which helps in easy positioning and increased accuracy during surgery. The product also features a longer life span, reduced noise levels and lower maintenance costs owing to its no lubrication design.
Application Insights:
The diabetic retinopathy segment dominated the global vitrectomy machines market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to an increase in diabetes-related eye diseases, which require frequent visits for treatment. As per WHO, there are approximately 463 million people suffering from diabetes worldwide and this number is projected to reach 700 million by 2030. Vitreoretinal surgery plays a crucial role in treating diabetic retinopathy as it allows safe delivery of laser light beams into the retina thus restoring normal vision back again.
Retinal detachment is another important application segment that requires regular visits for its treatment as it leads to severe visual impairment if not treated timely.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing diabetic retinopathy, retinal detachment, and other related ophthalmic disorders cases in this region. For instance, as per the American Academy of Ophthalmology (AAO), during 2011 to 2015, around 0.5 million patients were diagnosed with diabetic retinopathy annually in U.S.
Growth Factors:
- Increasing prevalence of eye disorders and blindness: The increasing prevalence of various eye disorders, such as age-related macular degeneration, diabetic retinopathy, and glaucoma is expected to drive the demand for vitrectomy machines in the coming years. According to a study by The National Eye Institute (NEI), around 2.2 million people aged 40 years or older were affected by age-related macular degeneration in 2010 in the U.S., and this number is estimated to reach 3 million by 2020. Furthermore, according to the World Health Organization (WHO), there were around 246 million people with vision impairment worldwide in 2015, out of which 39 million were blind. This number is projected to increase to more than 350 million by 2020 due to population growth and aging. Thus, rising incidence of blindness and other eye disorders is expected to fuel the demand for vitrectomy machines over the forecast period
- Technological advancements: Vitrectomy machines are witnessing rapid technological advancements owing to which they are becoming increasingly efficient and user-friendly devices with enhanced features such as image guidance system that helps surgeons during surgery for better accuracy thereby reducing chances of error during surgery . Such technological advancements are likely propel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitrectomy Machines Market Research Report
By Type
1000 Revolutions, 2500 Revolutions, Other
By Application
Diabetic Retinopathy, Retinal Detachment, Epiretinal Membrane, Macular Hole, Other
By Companies
Alcon, Inc, Bausch & Lomb Incorporated, Carl Zeiss Meditec AG, IRIDEX Corporation, Leica Microsystems GmbH, Lumenis Ltd, Nided Co Ltd, Optos Plc, Synergetics, Inc, Topcon Corporation, Alcon, Inc
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Vitrectomy Machines Market Report Segments:
The global Vitrectomy Machines market is segmented on the basis of:
Types
1000 Revolutions, 2500 Revolutions, 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
Diabetic Retinopathy, Retinal Detachment, Epiretinal Membrane, Macular Hole, 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:
- Alcon, Inc
- Bausch & Lomb Incorporated
- Carl Zeiss Meditec AG
- IRIDEX Corporation
- Leica Microsystems GmbH
- Lumenis Ltd
- Nided Co Ltd
- Optos Plc
- Synergetics, Inc
- Topcon Corporation
- Alcon, Inc
Highlights of The Vitrectomy Machines 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:
- 1000 Revolutions
- 2500 Revolutions
- Other
- By Application:
- Diabetic Retinopathy
- Retinal Detachment
- Epiretinal Membrane
- Macular Hole
- 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 Machines 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?
A vitrectomy machine is a medical device that helps surgeons remove the vitreous body from an eye.
Some of the key players operating in the vitrectomy machines market are Alcon, Inc, Bausch & Lomb Incorporated, Carl Zeiss Meditec AG, IRIDEX Corporation, Leica Microsystems GmbH, Lumenis Ltd, Nided Co Ltd, Optos Plc, Synergetics, Inc, Topcon Corporation, Alcon, Inc.
The vitrectomy machines market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vitrectomy Machines 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 Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitrectomy Machines 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 Machines 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 Machines Market Size & Forecast, 2018-2028
4.5.1 Vitrectomy Machines Market Size and Y-o-Y Growth
4.5.2 Vitrectomy Machines Market Absolute $ Opportunity
Chapter 5 Global Vitrectomy Machines 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 Vitrectomy Machines Market Size Forecast by Type
5.2.1 1000 Revolutions
5.2.2 2500 Revolutions
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vitrectomy Machines 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 Vitrectomy Machines Market Size Forecast by Applications
6.2.1 Diabetic Retinopathy
6.2.2 Retinal Detachment
6.2.3 Epiretinal Membrane
6.2.4 Macular Hole
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitrectomy Machines 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 Machines 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 Vitrectomy Machines Analysis and Forecast
9.1 Introduction
9.2 North America Vitrectomy Machines 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 Vitrectomy Machines Market Size Forecast by Type
9.6.1 1000 Revolutions
9.6.2 2500 Revolutions
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 Vitrectomy Machines Market Size Forecast by Applications
9.10.1 Diabetic Retinopathy
9.10.2 Retinal Detachment
9.10.3 Epiretinal Membrane
9.10.4 Macular Hole
9.10.5 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 Vitrectomy Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Vitrectomy Machines 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 Vitrectomy Machines Market Size Forecast by Type
10.6.1 1000 Revolutions
10.6.2 2500 Revolutions
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 Vitrectomy Machines Market Size Forecast by Applications
10.10.1 Diabetic Retinopathy
10.10.2 Retinal Detachment
10.10.3 Epiretinal Membrane
10.10.4 Macular Hole
10.10.5 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 Vitrectomy Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vitrectomy Machines 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 Vitrectomy Machines Market Size Forecast by Type
11.6.1 1000 Revolutions
11.6.2 2500 Revolutions
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 Vitrectomy Machines Market Size Forecast by Applications
11.10.1 Diabetic Retinopathy
11.10.2 Retinal Detachment
11.10.3 Epiretinal Membrane
11.10.4 Macular Hole
11.10.5 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 Vitrectomy Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Vitrectomy Machines 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 Vitrectomy Machines Market Size Forecast by Type
12.6.1 1000 Revolutions
12.6.2 2500 Revolutions
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 Vitrectomy Machines Market Size Forecast by Applications
12.10.1 Diabetic Retinopathy
12.10.2 Retinal Detachment
12.10.3 Epiretinal Membrane
12.10.4 Macular Hole
12.10.5 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) Vitrectomy Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vitrectomy Machines 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) Vitrectomy Machines Market Size Forecast by Type
13.6.1 1000 Revolutions
13.6.2 2500 Revolutions
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) Vitrectomy Machines Market Size Forecast by Applications
13.10.1 Diabetic Retinopathy
13.10.2 Retinal Detachment
13.10.3 Epiretinal Membrane
13.10.4 Macular Hole
13.10.5 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 Machines Market: Competitive Dashboard
14.2 Global Vitrectomy Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcon, Inc
14.3.2 Bausch & Lomb Incorporated
14.3.3 Carl Zeiss Meditec AG
14.3.4 IRIDEX Corporation
14.3.5 Leica Microsystems GmbH
14.3.6 Lumenis Ltd
14.3.7 Nided Co Ltd
14.3.8 Optos Plc
14.3.9 Synergetics, Inc
14.3.10 Topcon Corporation
14.3.11 Alcon, Inc
