Cataract is an eye-related disease in which clouding of the eye lens is observed that leads to loss of vision. Cataract surgery is the removal of clouded natural lens, and involves implantation of intraocular lens.
The devices and instruments such as phacoemulsification systems, ophthalmic viscoelastic devices, drapes, gloves, balanced salt solution, forceps, irrigation set, and intraocular lenses, which aid in this cataract surgical procedure is known as cataract surgery devices, as these serve as an appropriate instrument for such eye defects and cause no harm to cornea. According to WHO, one of the major causes of visual impairment is unoperated cataract, which constitutes to about 33% of the total global population as of 2017. Moreover, 90% of the visually impaired people live in developing economies.
Increase in prevalence of cataract disease as well as technological advancements in ophthalmic devices drive the market. In addition, the rise in geriatric population worldwide boost the market growth. Lack of healthcare insurance and less awareness among individuals regarding the benefits of cataract surgery impede the growth of the cataract surgery devices market. However, high cost associated with cataract surgeries especially in developing economies, such as India, China, Brazil, and South Africa also restrict the growth of the market. Moreover, governments introduce programs to reduce the burden of cataract-related diseases, which create lucrative opportunities for key market players.
The global Cataract Surgery Devices market was valued at 7310 million US$ in 2018 and will reach 10300 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2019-2025.
This report focuses on Cataract Surgery Devices volume and value at global level, regional level and company level. From a global perspective, this report represents overall Cataract Surgery Devices market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Cataract Surgery Devices in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Cataract Surgery Devices manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Abbott Laboratories
Novartis AG
Carl Zeiss Meditec AG
Essilor International S.A.
HAAG-Streit Holding AG
Johnson & Johnson
Nidek Co., Ltd.
Topcon Corporation
Valeant Pharmaceuticals International, Inc.
Ziemer Ophthalmic Systems AG
HumanOptics AG
PhysIOL S.A.
Calhoun Vision Cente
EyeKon Medical, Inc.
Allergan Inc.
VisionCare Ophthalmic Technologies, Inc.
Essilor International S.A.
Lenstec, Inc.
STAAR Surgical Company
Glaukos Corporation
Sonomed Escalon
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Intraocular Lens (IOL)
Ophthalmic Viscoelastic Device (OVD)
Phacoemulsification Equipment
Segment by Application
Hospitals
Ophthalmology Clinics
Ambulatory Surgery Centers
Summary:
Get latest Market Research Reports on Cataract Surgery Devices. Industry analysis & Market Report on Cataract Surgery Devices is a syndicated market report, published as Global Cataract Surgery Devices Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Cataract Surgery Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.