Market Overview:
The global vitrectomy systems market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye disorders, rising awareness about advanced vitrectomy procedures, and growing demand for minimally invasive surgeries. Based on type, the global vitrectomy systems market is segmented into retinal detachment, macular pucker, diabetic retinopathy, macular holes, vitreous hemorrhage, vitreous floaters and others. Retinal detachment is estimated to account for the largest share of the global market in 2018 owing to its high prevalence rate. Based on application, hospitals are estimated to account for the largest share of the global market in 2018 followed by specialized eye clinics and ambulatory surgical centers.
Product Definition:
A vitrectomy system is a surgical instrument used to remove the vitreous humor from the eye. The vitreous humor is a clear, gel-like substance that fills the eye between the lens and retina. The vitrectomy system may be used to treat various conditions of the eye, such as retinal detachment or macular hole.
Retinal Detachment:
Retinal Detachment is a condition in which the retina is separated from the choroid, usually as a result of high myopia (near-sightedness), trauma, or infection. It may also be caused by chronic hypertension. In most cases, retinal detachment can be treated effectively with vitrectomy and antibiotics; however, if it has progressed to an advanced stage then surgical removal of the eye may be required.
Macular Pucker:
Macular pucker is a small pocket of fluid that forms in the center of the eye. It was named after its resemblance to a dimple on a peach. This condition usually does not have any symptoms and may only be noticed when an individual looks closely at the eyes.
Application Insights:
Based on application, the global vitrectomy systems market is segmented into hospitals, specialized eye clinics and ambulatory surgical centers. Hospitals held the largest share in 2017 as they are considered to be a primary care facility for ophthalmic diseases. Vitrectomy procedures are performed in hospitals under direct vision of the patient¢â‚¬â„¢s eyes by an ophthalmologist or retinal specialist.
The use of vitreoretinal surgery for treating diabetic retinopathy has increased significantly over the past few years owing to its benefits such as reduction in visual loss and blindness due to its early detection and treatment methodologies followed by other applications such as macular holes, diabetic retinopathy and others.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by key companies, rising adoption of advanced technologies, and high healthcare expenditure in this region. In addition, growing number of minimally invasive surgeries is also expected to drive the regional growth over the forecast period. Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to factors such as improving healthcare infrastructure and growing medical tourism industry in this region due to low cost of treatment & surgery as compared to developed countries. Moreover, increasing awareness about various treatments available for eye diseases will drive regional growth further. Furthermore vitrectomy procedures are performed using a small incision which makes it ideal for ambulatory surgery centers thus driving its demand among others regions where there are no large established markets yet; these include Central & South America and Middle East Africa).
The key players operating in this space include Arthrex, Inc.
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 systems over the forecast period.
- Technological advancements: The introduction of technologically advanced vitrectomy systems is expected to boost the growth of the market during the forecast period. These systems offer features such as improved visualization, reduced surgical time, and enhanced patient safety.
- Rising geriatric population: The global geriatric population is increasing at a rapid pace due to factors such as declining fertility rates and increased life expectancy. This is anticipated to result in an increase in the number of patients requiring vitrectomy procedures in future years, thereby propelling market growth.
- Growing awareness about eye health: There has been a growing awareness among people about the importance of maintaining good eye health across all age groups which is likely to fuel demand for vitrectomy systems over the forecast period.. 5) Increasing healthcare expenditure: Rising healthcare expenditure worldwide has led hospitals and clinics to invest in new technologies including vitrectomy systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitrectomy Systems Market Research Report
By Type
Retinal Detachment, Macular Pucker, Diabetic Retinopathy, Macular Holes, Vitreous Hemorrhage, Vitreous Floaters, Others
By Application
Hospitals, Specialized Eye Clinics, Ambulatory Surgical Centers, Others
By Companies
Optomic, Medical Experts Group, Orion Medic, Chammed, Topcon, Alcon
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Vitrectomy Systems Market Report Segments:
The global Vitrectomy Systems market is segmented on the basis of:
Types
Retinal Detachment, Macular Pucker, Diabetic Retinopathy, Macular Holes, Vitreous Hemorrhage, Vitreous Floaters, 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
Hospitals, Specialized Eye Clinics, Ambulatory Surgical Centers, 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:
- Optomic
- Medical Experts Group
- Orion Medic
- Chammed
- Topcon
- Alcon
Highlights of The Vitrectomy 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:
- Retinal Detachment
- Macular Pucker
- Diabetic Retinopathy
- Macular Holes
- Vitreous Hemorrhage
- Vitreous Floaters
- Others
- By Application:
- Hospitals
- Specialized Eye Clinics
- Ambulatory Surgical Centers
- 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 Vitrectomy 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?
A vitrectomy is a surgical procedure that removes the vitreous body, or gel-like material that fills the eye. This material can become cloudy and cause vision problems. A vitrectomy may be necessary if you have a serious eye infection, if your eyesight is deteriorating rapidly, or if you experience severe pain or pressure in your eyes.
Some of the major companies in the vitrectomy systems market are Optomic, Medical Experts Group, Orion Medic, Chammed, Topcon, Alcon.
The vitrectomy 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 Vitrectomy 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 Vitrectomy Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitrectomy 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 Vitrectomy 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 Vitrectomy Systems Market Size & Forecast, 2018-2028
4.5.1 Vitrectomy Systems Market Size and Y-o-Y Growth
4.5.2 Vitrectomy Systems Market Absolute $ Opportunity
Chapter 5 Global Vitrectomy Systems 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 Systems Market Size Forecast by Type
5.2.1 Retinal Detachment
5.2.2 Macular Pucker
5.2.3 Diabetic Retinopathy
5.2.4 Macular Holes
5.2.5 Vitreous Hemorrhage
5.2.6 Vitreous Floaters
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vitrectomy Systems 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 Systems Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialized Eye Clinics
6.2.3 Ambulatory Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitrectomy 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 Vitrectomy 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 Vitrectomy Systems Analysis and Forecast
9.1 Introduction
9.2 North America Vitrectomy Systems 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 Systems Market Size Forecast by Type
9.6.1 Retinal Detachment
9.6.2 Macular Pucker
9.6.3 Diabetic Retinopathy
9.6.4 Macular Holes
9.6.5 Vitreous Hemorrhage
9.6.6 Vitreous Floaters
9.6.7 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 Vitrectomy Systems Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialized Eye Clinics
9.10.3 Ambulatory Surgical Centers
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 Vitrectomy Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Vitrectomy Systems 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 Systems Market Size Forecast by Type
10.6.1 Retinal Detachment
10.6.2 Macular Pucker
10.6.3 Diabetic Retinopathy
10.6.4 Macular Holes
10.6.5 Vitreous Hemorrhage
10.6.6 Vitreous Floaters
10.6.7 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 Vitrectomy Systems Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialized Eye Clinics
10.10.3 Ambulatory Surgical Centers
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 Vitrectomy Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vitrectomy Systems 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 Systems Market Size Forecast by Type
11.6.1 Retinal Detachment
11.6.2 Macular Pucker
11.6.3 Diabetic Retinopathy
11.6.4 Macular Holes
11.6.5 Vitreous Hemorrhage
11.6.6 Vitreous Floaters
11.6.7 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 Vitrectomy Systems Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialized Eye Clinics
11.10.3 Ambulatory Surgical Centers
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 Vitrectomy Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Vitrectomy Systems 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 Systems Market Size Forecast by Type
12.6.1 Retinal Detachment
12.6.2 Macular Pucker
12.6.3 Diabetic Retinopathy
12.6.4 Macular Holes
12.6.5 Vitreous Hemorrhage
12.6.6 Vitreous Floaters
12.6.7 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 Vitrectomy Systems Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialized Eye Clinics
12.10.3 Ambulatory Surgical Centers
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) Vitrectomy Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vitrectomy Systems 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 Systems Market Size Forecast by Type
13.6.1 Retinal Detachment
13.6.2 Macular Pucker
13.6.3 Diabetic Retinopathy
13.6.4 Macular Holes
13.6.5 Vitreous Hemorrhage
13.6.6 Vitreous Floaters
13.6.7 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) Vitrectomy Systems Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialized Eye Clinics
13.10.3 Ambulatory Surgical Centers
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 Vitrectomy Systems Market: Competitive Dashboard
14.2 Global Vitrectomy Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Optomic
14.3.2 Medical Experts Group
14.3.3 Orion Medic
14.3.4 Chammed
14.3.5 Topcon
14.3.6 Alcon
