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Retinal Surgery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Retinal Surgery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • June 2020
  • 111 pages
  • ID: 5917277
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global retinal surgery devices market is currently witnessing strong growth.

Retinal surgery devices refer to various equipment and accessories used for surgically repairing torn or detached retinas. These devices are usually manufactured using stainless steel and medical-grade silicon for enhanced sterility. Vitrectomy machines, scissors, lasers, tamponades, probes and light pipes are the most commonly used retinal surgery devices. They are primarily used in procedures for treating complications related to the retina, macula and vitreous fluid. Apart from this, these devices are also used during diabetic retinopathy and other ophthalmic procedures.

The increasing prevalence of retinitis pigmentosa, macular degeneration and diabetic retinopathy currently represent as the key factors driving the growth of the market. The growing geriatric population that suffer from various age-related eye disorders, such as glaucoma, cataract and presbyopia, which can cause loss of vision, is also providing a boost to the market growth. There is widespread adoption of minimally invasive (MI) surgical procedures for the treatment of these diseases that offer various benefits, including minimal pain and discomfort, minor scarring and quick recovery. The development of innovative surgical devices is further creating a positive outlook for the market growth. Manufacturers are developing product variants that are equipped with fundus imaging units, micro-incision technology and endoillumination systems to enhance intraoperative efficiency, visualization and control. Other factors, including increasing awareness among the masses for various vision care procedures, developments in the healthcare sector and extensive research and development (R&D) activities, are projected to drive the market in the upcoming years. Looking forward, the analyst expects the market to register a CAGR of around 6% during 2020-2025.

Breakup by Equipment Type:
Vitrectomy Machines
Retinal Laser Equipment
Surgical Instruments
Cannulas
Forceps
Cutters
Cryoprobes
Others

Breakup by Application:
Diabetic Retinopathy
Retinal Detachment
Others

Breakup by End-Use:
Hospitals
Ophthalmology Clinics
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Alcon Inc., Bausch & Lomb Incorporated, Carl Zeiss, Ellex Medical Lasers, Erbe Elektromedizin, Escalon Medicals, Iridex Corporation, Leica Microsystems GmbH, Lumenis, Nidek Co. Ltd., Optos PLC, Second Sigh Medical Products, Synergetics USA Inc., Topcon Corporation, etc.

Key Questions Answered in This Report:
How has the global retinal surgery devices market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the equipment type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global retinal surgery devices market and who are the key players?
What is the degree of competition in the industry?

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