Cataract Surgery Devices Market - Global Industry Insights 2017 - 2025
Increasing prevalence of the ocular disorders is the major driver for the growth of global cataract surgery devices market. This disease is prevalent worldwide and is the major cause of blindness across the globe. According to All About Vision Media, A National Supporter and Sponsor of Optometry Giving Sight, cataract is the principle cause of blindness across the world affecting almost 22 million Americans aged 40 and above and the number is expected to rise up to 30 million by the end of 2020. Several other factors responsible for the growth of global cataract devices market include smoking habits, alcohol consumption, ageing, trauma or harmful radiation exposure such as ultraviolet rays and diabetes. However, the lack of awareness among people regarding the availability of medical aid and government regulation in a few economies restricting surgical procedures can hinder the growth of global cataract surgery devices market.
Access Table of Content (TOC) Of the Report: https://www.coherentmarketinsights.com/ongoing-insight/toc/1197
Substantial number of cataract surgeries are dominating the North America global cataract surgery devices market
On the basis of geography, the global cataract surgery devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is the highest contributor to the global cataract devices market, owing to the number of cataract surgeries occurring in the region. According to the American Academy of Ophthalmology 2014, approximately 2 million cataract surgery procedures were performed in the U.S., out of which 21% of patients were reported to have improved quality of vision in one eye while 36% patients reported improvement in vision quality of both the eyes after the cataract surgery. Moreover, the global cataract surgery devices market is expected to flourish in the Asia Pacific due to cost cutting facility of the procedure as well as increasing incidence of cataract. For instance, the manual and suture less Small-Incision Cataract Surgery (SICS) is preferred in emerging economies such as China and India, where the cost of the surgical procedures are low as compared to other procedures.
Product innovation and evolution by new entrants in the pool to propel cataract surgery devices market growth
The key players operating in the global cataract surgery devices market include Abbott Laboratories, Carl Zeiss Meditech AG, Bausch & Lomb, Inc., Allergen, Inc., Alcon, Inc., Opcon Corporation, Essilor International S.A., STAAR Surgical Company, and NIDEK Co., Ltd. Various emerging players are also coming up with innovative products in the market to establish their presence and generate significant revenue with their innovative ideas. For instance, in March 2016, Mynosys Cellular Devices, Inc., a private company invented a unique cataract surgery device named Zepto that features a small control console and a disposable hand-piece that provides high precision, accuracy, and safety in reproducible capsulotomy.
Cataract surgery devices are used during the surgical procedures to treat cataract, which is an eye disorder that causes clouding of the lens leading to defects in vision. Cataract is one of the most widespread disease causing blindness and it reduces vision ability. Cataract is often encountered to develop slowly and affect either one or both the eyes. Although cataract does not interfere the eyesight in the early stages, it interferes with vision and may lead to blindness over the course of time. The symptoms of cataract include blurry vision, trouble with bright lights, faded colors, and trouble seeing in the night. Cataract surgery is the most commonly performed ophthalmic procedure and thus holds a great potential for the growth of cataract surgery devices market.
To understand Research Methodology, please click: https://www.coherentmarketinsights.com/insight/request-sample/1197
Cataract encountered to be the major cause of blindness across the globe facilitating the demand for cataract surgery devices
According to the American Academy of Ophthalmology, over 24.4 million Americans of age 40 years and above were affected with cataract in 2014. The same report states that by the age of 75 years, almost half of the Americans have cataracts. According to the International Agency for the Prevention of Blindness (IAPB), approximately 285 million people are visually impaired worldwide out of which around 39 million are blind and about 246 million are suffering with low vision. The report suggests that cataract and glaucoma are the prime causes of blindness across the globe in 2015. However, 4 out of 5 blind or visually impaired cases are avoidable according to the Global Facts: Blindness and Visual Impairment. Increasing cataract surgeries are fueling the growth of global cataract surgery devices market.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Visit our news Website: http://www.coherentchronicle.com/
This release was published on openPR.
Permanent link to this press release:
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 Cataract Surgery Devices Market - Global Industry Insights 2017 - 2025 here
News-ID: 1036701 • Views: 246
More Releases from Medical Devices Industry
Particulate Respirators Market Evolving Industry Trends and key Insights by 2020
Patient suffering from SARS or their surrounding people are the target population for particulate respirators Particulate respirators are medical devices, which helps to protect one from harmful particles present in the air or dust or harmful fumes. Such harmful dust usually spread through severe acute respiratory syndrome (SARS). SARS is a respiratory syndrome commonly spread among symptomatic individuals, by person-to-person contact, or when the person sneezes or coughs, thereby infecting
Sleeping Aids Market - Global Industry Insights, Trends, Outlook, and Opportunit …
Sleeping aids, also known as hypnotics are sleeping pills or devices, which are used to induce sleep. It is used in the treatment of various sleeping disorders such as narcolepsy, sleep apnea, and insomnia, which are caused due to factors such as psychiatric disorders (Depression and anxiety), environmental problems (light, noise and extreme temperatures) medical issues (asthma) and others. Sleeping aid medications include non-benzodiazepines, antidepressants, and antipsychotics for the treatment
Organ Preservation Market - Global Industry Insights, 2017-2025
Organ preservation involves removal of organs from the bodies, which are then stored for transplantation. Organ preservation systems are exclusively prepared and maintained according to the biological environment (temperature and oxygen) needed to store particular organs. Different body organs require specific and suitable storage conditions to maintain their anatomical and physiological processes. Important parameters in organ preservation include delivering of high quality organs to the donors, matching the patient and
Fetal and Neonatal Care Equipment Market -
Global Fetal and Neonatal Care Equipment Market - Insights Fetal and neonatal care products are used for assessment and treatment of newborn babies. Fetal care equipment include devices, which help in monitoring and diagnosis of both mother and fetus. Equipment, which help in assisting in diagnosis, monitoring or treatment of newborn babies are neonatal care equipment. According to the UN Foundation, 2015, maternal & infant care is a global priority, as
More Releases for America
Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the