openPR Logo
Press release

Retinal Surgery Devices Market is Expanding at a CAGR of 7.3% by 2020 Due to Increasing Geriatric Population

04-21-2017 03:33 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Retinal Surgery Devices Market is Expanding at a CAGR of 7.3%

The global retinal surgery devices market is expanding at a CAGR of 7.3% within a forecast period ranging from 2014 to 2020. This market was valued at US$1.22 bn in 2013. According to a research report released by leading market intelligence firm, Transparency Market Research, this market is expected to move upwards to reach US$2.01 bn by the end of 2020.

Browse the Complete Report Details for this Market at: http://www.transparencymarketresearch.com/retinal-surgery-devices-market.html

The key drivers of the global retinal surgery devices market are the growing percentage of the geriatric demographic, the increasing popularity of using surgical instruments that are minimally invasive, and advancements in technology that are creating effective surgical options with reductions in healing time. These technological breakthroughs are expected to continue in the forecast period, further boosting the global retinal surgery devices market.

The report provides a segmented analysis of the global retinal surgery devices market according to product types and regions.

On the basis of product type, the report divides the global retinal surgery devices market into surgical instruments, microscopic illumination equipment, retinal laser equipment, vitrectomy machines, vitrectomy packs, and others. The segment of vitrectomy packs held the largest share in the global retinal surgery devices market in 2013, at 25%. The report’s authors further expect this segment to show the fastest growth rate under product types within the given forecast period. Factors that have resulted in this segment’s proliferation are low generation rates of waste per surgery, lower overall expenses, and major savings of time in terms of operation start-up.

In terms of application, the global retinal surgery devices market was led by diabetic retinoplasty in 2013 owing to a high prevalence of diabetes across the world. But in terms of market size, the current forecast period is expected to witness the growth of the retinal detachment segment towards the leading position.

On the basis of region, the report divides the global retinal surgery devices market into Asia Pacific, Europe, North America, and the Rest of the World. In 2013, 35% of the global retinal surgery devices market was held by North America, owing to a technological edge this region holds over others. On the other hand, Asia Pacific countries such as India, Australia, South Korea, and China are showing a rapid rate of growth, which is being attributed to a large labor force and a rapidly developing medical infrastructure that makes market penetration easier.

Get the Sample PDF Report Containing the Upcoming Market Oppotunities at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4152

The key players in the global retinal surgery devices market, as mentioned in the report, are Optos Plc., Lumenis, Topcon Corporation, NIDEK CO., LTD., Leica Microsystems, Carl Zeiss Meditec AG, Alcon, Inc., IRIDEX Corporation, Synergetics, Inc., and Bausch & Lomb Incorporated.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Retinal Surgery Devices Market is Expanding at a CAGR of 7.3% by 2020 Due to Increasing Geriatric Population here

News-ID: 510622 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and