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Cataract Surgery Devices and Equipment Global Market Report 2020-30: COVID-19 Impact and Recovery

  • ID: 4852469
  • Report
  • September 2020
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Abbott Laboratories
  • Bausch & Lomb, Inc.
  • ELLEX
  • HAAG-Streit Holding AG
  • Johnson & Johnson
  • Novartis AG
  • MORE
Cataract Surgery Devices and Equipment Global Market Report 2020-30: COVID-19 Impact and Recovery provides strategists, marketers and senior management with the critical information they need to assess the global cataract surgery devices and equipment market as it emerges from the COVID-19 shut down.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the cataract surgery devices and equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? the Cataract Surgery Devices and Equipment Market Global Report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The Market Characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:
1) by Type: Intraocular Lens (IOL); Ophthalmic viscoelastic device (OVD); Phacoemulsification Equipment; Femtosecond Laser Equipment
2) by Application: Ophthalmology Centers; Hospitals; Clinics

Companies Mentioned: Alcon; Abbott Laboratories; Carl Zeiss Meditech AG; Essilor International S.A.; Opcon Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This report will be delivered within 1-3 business days.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott Laboratories
  • Bausch & Lomb, Inc.
  • ELLEX
  • HAAG-Streit Holding AG
  • Johnson & Johnson
  • Novartis AG
  • MORE
1. Executive Summary

2. Cataract Surgery Devices And Equipment Market Characteristics

3. Cataract Surgery Devices And Equipment Market Size And Growth
3.1. Global Cataract Surgery Devices And Equipment Historic Market, 2015-2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Cataract Surgery Devices And Equipment Forecast Market, 2019-2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Cataract Surgery Devices And Equipment Market Segmentation
4.1. Global Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Intraocular Lens (IOL)
  • Ophthalmic viscoelastic device (OVD)
  • Phacoemulsification Equipment
  • Femtosecond Laser Equipment
4.2. Global Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Ophthalmology Centers
  • Hospitals
  • Clinics
5. Cataract Surgery Devices And Equipment Market Regional And Country Analysis
5.1. Global Cataract Surgery Devices And Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Cataract Surgery Devices And Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

6. Asia-Pacific Cataract Surgery Devices And Equipment Market
6.1. Asia-Pacific Cataract Surgery Devices And Equipment Market Overview
6.2. Asia-Pacific Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Cataract Surgery Devices And Equipment Market
7.1. China Cataract Surgery Devices And Equipment Market Overview
7.2. China Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion
7.3. China Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

8. India Cataract Surgery Devices And Equipment Market
8.1. India Cataract Surgery Devices And Equipment Market Overview
8.2. India Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
8.3. India Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

9. Japan Cataract Surgery Devices And Equipment Market
9.1. Japan Cataract Surgery Devices And Equipment Market Overview
9.2. Japan Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9.3. Japan Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

10. Australia Cataract Surgery Devices And Equipment Market
10.1. Australia Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10.2. Australia Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Indonesia Cataract Surgery Devices And Equipment Market
11.1. Indonesia Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11.2. Indonesia Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

12. South Korea Cataract Surgery Devices And Equipment Market
12.1. South Korea Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12.2. South Korea Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

13. Western Europe Cataract Surgery Devices And Equipment Market
13.1. Western Europe Cataract Surgery Devices And Equipment Market Overview
13.2. Western Europe Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13.3. Western Europe Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

14. UK Cataract Surgery Devices And Equipment Market
14.1. UK Cataract Surgery Devices And Equipment Market Overview
14.2. UK Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14.3. UK Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

15. Germany Cataract Surgery Devices And Equipment Market
15.1. Germany Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15.2. Germany Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

16. France Cataract Surgery Devices And Equipment Market
16.4. France Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16.5. France Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

17. Eastern Europe Cataract Surgery Devices And Equipment Market
17.1. Eastern Europe Cataract Surgery Devices And Equipment Market Overview
17.2. Eastern Europe Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17.3. Eastern Europe Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

18. Russia Cataract Surgery Devices And Equipment Market
18.1. Russia Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18.2. Russia Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

19. North America Cataract Surgery Devices And Equipment Market
19.1. North America Cataract Surgery Devices And Equipment Market Overview
19.2. North America Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19.3. North America Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

20. USA Cataract Surgery Devices And Equipment Market
20.1. USA Cataract Surgery Devices And Equipment Market Overview
20.2. USA Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20.3. USA Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

21. South America Cataract Surgery Devices And Equipment Market
21.1. South America Cataract Surgery Devices And Equipment Market Overview
21.2. South America Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21.3. South America Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

22. Brazil Cataract Surgery Devices And Equipment Market
22.1. Brazil Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22.2. Brazil Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

23. Middle East Cataract Surgery Devices And Equipment Market
23.1. Middle East Cataract Surgery Devices And Equipment Market Overview
23.2. Middle East Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23.3. Middle East Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

24. Africa Cataract Surgery Devices And Equipment Market
24.1. Africa Cataract Surgery Devices And Equipment Market Overview
24.2. Africa Cataract Surgery Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24.3. Africa Cataract Surgery Devices And Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

25. Cataract Surgery Devices And Equipment Market Competitive Landscape And Company Profiles
25.1. Cataract Surgery Devices And Equipment Market Competitive Landscape
25.2. Cataract Surgery Devices And Equipment Market Company Profiles
25.2.1. Alcon, Inc.
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Abbott Laboratories
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Carl Zeiss Meditech AG
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Essilor International S.A.
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Opcon Corporation
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Cataract Surgery Devices And Equipment Market

27. Cataract Surgery Devices And Equipment Market Trends And Strategies

28. Cataract Surgery Devices And Equipment Market Future Outlook and Potential Analysis

29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott Laboratories
  • Bausch & Lomb, Inc.
  • ELLEX
  • HAAG-Streit Holding AG
  • Johnson & Johnson
  • Novartis AG
  • MORE
Major players in the cataract surgery devices and equipment market are Alcon, Inc., Abbott Laboratories, Carl Zeiss Meditech AG, Essilor International S.A. and Opcon Corporation.

The global cataract surgery devices and equipment market is expected to decline from $6 billion in 2019 to $4.7 billion in 2020 at a compound annual growth rate (CAGR) of -22%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. The restrictions on non-essential medical services including ophthalmology services coupled with slowed production of ophthalmic devices used for treating eye conditions, due to extended factory closures in various countries together have contributed to the decline in the growth rate. The market is then expected to recover and grow at a CAGR of 6.2% from 2021 and reach $7.6 billion in 2023.

The cataract surgery devices and equipment market consists of sales of cataract surgery devices and equipment and related services. Cataract surgery devices and equipment include instruments used for performing cataract surgeries such as small incision cataract surgery and extra capsular surgery in the treatment of cataract, a condition in which the lens of the eye becomes progressively opaque, resulting in blurred vision. This market does not include vision care devices and equipment, refractive surgery devices and equipment and diagnostic & monitoring ophthalmic devices and equipment. Femtosecond Lasers used in cataract surgery are included in this market.

In 2018, North America was the largest region in the cataract surgery devices and equipment market. During the forecast period, Asia Pacific cataract surgery devices and equipment market is forecasted to register a CAGR of 5.5%.

In 2018, Carl Zeiss Meditec acquired IanTECH for an undisclosed amount. The acquisition would strengthen Carl Zeiss’ position in the cataract surgery portfolio as IanTECH focuses on technology solutions for micro-interventional cataract surgery. IanTECH is expected to complement Zeiss’ leading portfolio of equipment and consumables in cataract surgery. IanTECH specializes in endocapsular lens fragmentation and micro-interventional technology for cataract removal and eye treatment. It is headquartered in Reno, Nevada, USA.

Major challenge that is faced by this industry is the low level of awareness about eye disorders, especially cataract. Many people do not have proper knowledge about the symptoms of cataract and do not get the treatment done. This leads to potential revenue loss for the cataract surgery device manufacturers because of low number of end users. For example, as per a study done by NCBI, out of 1552 respondents 89.9% had heard of cataract but only 42% were aware of any symptom of cataract, low awareness of cataract symptoms acts as a major restraint for the cataract surgery equipment industry.

The cataract surgery devices and equipment industry has witnessed many positive changes introduced by the market players, the most prominent one being the introduction of laser technology. The laser assisted cataract surgery is used to gather information about the lens, to make the corneal incision and for the opening in the lens capsule. The advent of laser technology has caused a significant impact over this industry by bringing in new levels of safety and accuracy and advancing cataract surgery. Femtosecond laser platforms have significantly contributed to the precision of cataract surgeries being performed and may soon surpass the traditional hand-held surgeries. For example, Abbott laboratories which lacked this technology, acquired Optimedica for $250 million to enter laser cataract surgery devices market after witnessing the huge demand and benefits of laser technology.

The ophthalmology and medical equipment industry is subject to numerous stringent regulations and the cataract surgery device equipment manufacturers are no exception. These manufacturers need to comply with several regulations of which the European Medical Device Directives and the U.S. Health Care Compliance are the most prominent ones. The European Medical Device Directive requires a manufacturer to meet the harmonized standards for placing their devices in the European market. Similarly the U.S. Health Care Compliance has laid down certain guidelines related to standards of business conduct to be followed by the Pharmaceutical manufacturers. The Medicines and Healthcare products Regulatory Agency (MHRA), which regulates the safety of medical devices in the UK, has issued an urgent notice to Carl Zeiss Meditec, for voluntarily recalling a small batch of its intraocular lenses (IOL). The recall was initiated after the manufacturer detected mislabeling of its IOL, Aaren Scienfific EC-3 hydrophobic lens with a wrong dioptric power. Therefore, the manufacturers need to comply strictly with correct labelling of dioptric power on the IOLs.

The major growth driver for this industry has been the global ageing population. The world population recorded an estimate of 962 million people aged 60 or above in the year 2017. This estimate is expected to show an upward trend and is expected to double by 2050. The cases of cataract in the geriatric population also expected to increase in the same proportion. According to World Health Organization, the number of cataract cases are expected to increase by 78% by 2050 in the U.S. alone. This presents a huge market for the cataract surgery equipment manufacturers in the near future by expanding the customer base due to the fast growing geriatric population. For instance, the population of China is getting older faster than anywhere else in the world, this presents a huge market for the cataract surgery device manufacturers in China.
Note: Product cover images may vary from those shown
  • Alcon Inc.
  • Abbott Laboratories
  • Carl Zeiss Meditech AG
  • Essilor International S.A.
  • Opcon Corporation
  • Allergan Inc.
  • Bausch & Lomb, Inc.
  • NIDEK Co. Ltd.
  • STAAR Surgical Company
  • Johnson & Johnson
  • Novartis AG
  • Valeant Pharmaceuticals
  • HOYA Corporation
  • HAAG-Streit Holding AG
  • Topcon Corporation
  • Ziemer Ophthalmic Systems AG
  • HumanOptics AG
  • PhysIOL S.A
  • Calhoun Vision Cente
  • EyeKon Medical Inc
  • VisionCare Ophthalmic Technologies Inc.
  • Sonomed Escalon.
  • Lenstec Inc.
  • Glaukos Corporation
  • ELLEX
Note: Product cover images may vary from those shown

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