Rising trend of using Phacoemulsification or PHACO machines along with vitrectomy machines to combine retinal and cataract procedures is a key factor driving market revenue growth.
Market Size - USD 2,082.2 Million in 2020, Market Growth - CAGR of 7.7%, Market Trends - Rising technological advancements and the growing number of applications of surgical devices.
The global retinal surgery devices market size is expected to reach USD 3,776.9 Million in 2028, and register a CAGR of 7.7% during the forecast period. Growing geriatric population, rising prevalence of eye disorders such as retinal detachment and diabetic retinopathy, increasing patient preference for minimally invasive surgeries are major factors expected to drive growth of the global retinal surgery devices market. In addition, rising technological advancements and the growing number of applications of surgical devices
However, high cost of retinal surgery devices, lower adoption rate of these devices, especially in developing countries, stringent government regulations and strict guidelines about usage of medical devices, and inadequate reimbursement policies are major factors that could hamper growth of the global retinal surgery devices market.
Some Key Findings From the Report:
For the purpose of this report, the global retinal surgery devices market is segmented on the basis of product, application, end use, and region:
Product Outlook
Application Outlook
End Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 2,082.2 Million in 2020, Market Growth - CAGR of 7.7%, Market Trends - Rising technological advancements and the growing number of applications of surgical devices.
The global retinal surgery devices market size is expected to reach USD 3,776.9 Million in 2028, and register a CAGR of 7.7% during the forecast period. Growing geriatric population, rising prevalence of eye disorders such as retinal detachment and diabetic retinopathy, increasing patient preference for minimally invasive surgeries are major factors expected to drive growth of the global retinal surgery devices market. In addition, rising technological advancements and the growing number of applications of surgical devices
However, high cost of retinal surgery devices, lower adoption rate of these devices, especially in developing countries, stringent government regulations and strict guidelines about usage of medical devices, and inadequate reimbursement policies are major factors that could hamper growth of the global retinal surgery devices market.
Some Key Findings From the Report:
- Among the product segments, the vitrectomy packs segment accounted for the largest revenue share of 33.9% in 2020.
- Among the application segments, the diabetic retinopathy segment is expected to contribute the highest revenue share in the global retinal surgery devices market over the forecast period.
- North America market accounted for the largest revenue share in 2020, followed by the Asia Pacific market.
- The Asia Pacific market size was USD 541.4 Million in 2020, and is expected to register a robust revenue growth rate during the forecast period.
- Key players profiled in the report include Alcon, Bausch & Lomb Incorporated, Carl Zeiss, Topcon Corporation, Synergetics, IRIDEX Corporation, Ellex Medical Lasers, Escalon Medicals, Second Sigh Medical Products, and Erbe Elektromedizin. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global retinal surgery devices market is segmented on the basis of product, application, end use, and region:
Product Outlook
- Vitrectomy Machines
- Vitrectomy Packs
- Surgical Instruments
- Microscopic Illumination Equipment
- Retinal Laser Equipment
- Photocoagulation Devices
- Photodisruption Devices
- SLT (Selective Laser Trabeculoplasty)
- Others
Application Outlook
- Diabetic Retinopathy
- Retinal Detachment
- Epiretinal Membrane
- Macular Hole
- Others
End Use Outlook
- Hospital and Clinics
- Ambulatory Services
- Ophthalmology Centers
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Retinal Surgery Devices Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Retinal Surgery Devices Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Retinal Surgery Devices Segmentation & Impact Analysis
Chapter 5. Retinal Surgery Devices Market By Product Type Insights & Trends
Chapter 6. Retinal Surgery Devices Market By Application Type Insights & Trends
Chapter 7. Retinal Surgery Devices Market By End Use Insights & Trends
Chapter 8. Retinal Surgery Devices Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles