Cataract Surgery Devices Market Size is Expected to Cross $9908.92 Million By 2023 | Along With: Johnson & Johnson, Abbott Laboratories, Novartis AG, Topcon Corporation, Essilor International S.A., Ziemer Ophthalmic Systems AG, Nidek Co. Ltd., Carl Zeiss

The detailed report of Cataract Surgery Devices Market evaluated by skilled experts is segmented into Application and Product. The Cataract Surgery Devices Market is anticipated to witness considerable development in the following years from 2018-2023.

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.

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Competitive Insights:
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.

HAAG-Streit Holding AG.

End User Outlook and Trend Analysis:
The end user or applications of Cataract Surgery Devices are Ophthalmology Clinics, Hospitals and Ambulatory Surgery Centers. The number of Ophthalmology Clinics is on a rise due to rise in the number of patients. The developing awareness regarding healthcare and additionally activities by the administration and nongovernment associations, to control and forestall cataract disorder by early detection is a main factor in charge of the market development. For example, the Cataract Blindness Control Program is in progress in India partnering with Aravind Eye Hospital and other NGOs for delivering of services.

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The Cataract Surgery Devices Market is segmented as follows-
By Product: Phacoemulsification Equipment, Ophthalmic Viscoelastic Device (OVD) and Intraocular Lens (IOL)

By Type: Consumables, Equipment, By End User, Ophthalmology Clinics, Hospitals and Ambulatory Surgery Centers

Major Table of Contents:
Part 1. Introduction
1.1. Report Description

Part 2. Executive Summary
2.1. Key Highlights

Part 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities

Part 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
....
Part 5. Cataract Surgery Devices Market, By Product
5.1. Introduction
5.2. Global Cataract Surgery Devices Revenue and Market Share by Product (2014-2018)
5.2.1. Global Cataract Surgery Devices Revenue and Revenue Share by Product (2014-2018)
5.3. Phacoemulsification Equipment
5.3.1. Global Phacoemulsification Equipment Revenue and Growth Rate (2014-2018)
5.4. Ophthalmic Viscoelastic Device (OVD)
5.4.1. Global Ophthalmic Viscoelastic Device (OVD) Revenue and Growth Rate (2014-2018)
5.5. Intraocular Lens (IOL)
5.5.1. Global Intraocular Lens (IOL) Revenue and Growth Rate (2014-2018)

…Read Full Table of Contents

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