Cataract Surgery Devices Market to observe high growth by 2023
Crystal Market Research (CMR) render to you profound details in respect to leading participants, regions, application and type of the Cataract Surgery Devices Market which is estimated to encounter substantial growth over the forecast period 2014 - 2023.
Top Key Vendors:China is helping in the growth of Cataract Surgery Devices market. Market Scope forecast for China’s $2.6 billion ophthalmic market is that it will grow at a (CAGR) of 11.3 percent over the next five years to $4.5 billion.
The leading players in the market are Johnson & Johnson, Abbott Laboratories, Novartis AG, Topcon Corporation, Essilor International S.A., Ziemer Ophthalmic Systems AG, Nidek Co. Ltd., Carl Zeiss Meditec AG,Valeant Pharmaceuticals International, Inc., and HAAG-Streit Holding AG.
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The Cataract Surgery Devices Market is segmented as follows-
By ProductPhacoemulsification Equipment
Ophthalmic Viscoelastic Device (OVD)
Intraocular Lens (IOL)
Ophthalmic Viscoelastic Device (OVD)
Intraocular Lens (IOL)
By TypeConsumables
Equipment
By End User
Ophthalmology Clinics
Hospitals
Ambulatory Surgery Centers
Equipment
By End User
Ophthalmology Clinics
Hospitals
Ambulatory Surgery Centers
Market Overview:
The Cataract Surgery Devices Market was $6554.02 million in 2014, and is expected to reach $9908.92 million by 2023, registering a CAGR of 4.7% during the forecast period. Cataract is an eye disease in which the natural lens of eye gets clouded. The people having cataract it’s like seeing through fogged-up window with the clouded lens. The cataract can be removed by surgery, where the surgeon replaces the clouded lens with a clear plastic intraocular lens (IOL). Nine out of ten people regain a very good vision after the surgery. The cataract surgery devices and instruments such as balanced salt solution, ophthalmic viscoelastic devices, phacoemulsification systems, drapes, gloves, intraocular lenses, irrigation set, and forceps, which assist in this cataract surgical procedure, as these serve as an appropriate instrument for such eye defects surgery without causing any harm to cornea. The number of increasing cataract diseased people as well as technological advancements in ophthalmic surgical devices is booming the market. By the projections of Indian Journal of Ophthallogy, its seen that among those aged 50+ years, the amount of cataract surgery would double (3.38 million in 2001 to 7.63 million in 2020) and cataract surgical rate would increase from 24025/million 50+ in 2001 to 27817/million 50+ in 2020.
The Cataract Surgery Devices Market was $6554.02 million in 2014, and is expected to reach $9908.92 million by 2023, registering a CAGR of 4.7% during the forecast period. Cataract is an eye disease in which the natural lens of eye gets clouded. The people having cataract it’s like seeing through fogged-up window with the clouded lens. The cataract can be removed by surgery, where the surgeon replaces the clouded lens with a clear plastic intraocular lens (IOL). Nine out of ten people regain a very good vision after the surgery. The cataract surgery devices and instruments such as balanced salt solution, ophthalmic viscoelastic devices, phacoemulsification systems, drapes, gloves, intraocular lenses, irrigation set, and forceps, which assist in this cataract surgical procedure, as these serve as an appropriate instrument for such eye defects surgery without causing any harm to cornea. The number of increasing cataract diseased people as well as technological advancements in ophthalmic surgical devices is booming the market. By the projections of Indian Journal of Ophthallogy, its seen that among those aged 50+ years, the amount of cataract surgery would double (3.38 million in 2001 to 7.63 million in 2020) and cataract surgical rate would increase from 24025/million 50+ in 2001 to 27817/million 50+ in 2020.
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Regional Insights:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia and Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
Table of Contents:1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
5.Cataract Surgery Devices Market, By Product
6.Cataract Surgery Devices Market, By Type
7.Cataract Surgery Devices Market, By Region
8.Company Profiles
9.Global Cataract Surgery Devices Market Competition, by Manufacturer
10. Cataract Surgery Devices Market Forecast (2018-2023)
…
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
5.Cataract Surgery Devices Market, By Product
6.Cataract Surgery Devices Market, By Type
7.Cataract Surgery Devices Market, By Region
8.Company Profiles
9.Global Cataract Surgery Devices Market Competition, by Manufacturer
10. Cataract Surgery Devices Market Forecast (2018-2023)
…
Growth Boosters Of Market:The global market is driven by the increasing number of population suffering from cataract disorders which may be due to medical conditions and due to natural phenomenon. The number of less skilled professional in this field and due to less awareness about the cataract disorders is delaying the growth of the global cataract surgery devices market. One of the reasons of restrains associated with cataract surgeries is high cost, when it comes to developing countries, like India, South Africa, Brazil, and China. The increased investment for developing efficient devices for cataract surgery all over the globe, like Zepto capsulotomy system by Mynosys Cellular Devices are creating great deal of profit for key market players.
List of Tables:Figure United States Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Canada Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Mexico Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Germany Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure France Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure UK Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
...
Figure Canada Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Mexico Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Germany Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure France Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure UK Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
...
What our Report offers:
The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
The Cataract Surgery Devices Market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
How technological advancement and research, as well as development activities, are impacting the Cataract Surgery Devices Market is explained in detail.
The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.
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Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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