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The expansion of product portfolio through launches of single-use ophthalmic knives will drive the ophthalmic knives market growth in the forthcoming years. The need for ophthalmic knives is increasing with the growing prevalence of ophthalmic diseases such as keratosis, glaucoma, and other ophthalmic surgeries. Therefore, several companies are focusing on launching single-use ophthalmic knives, which differ in sharpness and material based on the surgical needs. This will help end-users such as hospitals, clinics, and ASCs to choose products based on the ophthalmic surgical procedure, which will increase the demand and boost market growth. The analysts have predicted that the ophthalmic knives market will register a CAGR of over 5% by 2023.
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Market Overview
Expansion of product portfolio through launches of single-use ophthalmic knives
One of the growth drivers of the global ophthalmic knives market is the expansion of the product portfolio through launches of single-use ophthalmic knives. Product launches will help end-users such as hospitals, clinics, and ASCs to choose products based on the ophthalmic surgical procedure, which will increase the demand and boost market growth.
Problems related to ophthalmic knives
One of the challenges in the growth of the global ophthalmic knives market is the problems related to ophthalmic knives. Health hazards from the use of ophthalmic knives will negatively impact the growth of the market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the ophthalmic knives market during 2019-2023, view the report.
Competitive Landscape
The market appears to be moderately fragmented with the presence of several market players. Vendors are focusing on acquiring products or companies that are specialized in advanced ophthalmology surgical devices to increase the adoption of their existing business or products. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
Global Ophthalmic Knives Market 2019-2023The analyst recognizes the following companies as the key players in the global ophthalmic knives market: Bausch Health, Diamatrix Ltd., HAI Laboratories, Inc., MANI, INC., Novartis AG, and Sidapharm.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the adoption of minimally invasive ophthalmic surgical procedures and robotic platforms.”
According to the report, one of the major drivers for this market is the growing focus on M&A to expand business areas and product offerings.
Further, the report states that one of the major factors hindering the growth of this market is the high costs of ophthalmic surgeries and other ophthalmic surgical devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bausch Health
- Diamatrix Ltd.
- HAI Laboratories, Inc.
- MANI, INC.
- Novartis AG
- Sidapharm