Cataract Surgery Device Market 2018 – 2022 Overview | Players Leverage Mergers and Acquisitions to Gain Access to Different Markets

Market Research Future published a research report Cataract Surgery Device Market – forecast up to 2022. Report gives the in-depth information of market with industry current size and share. Report gives the exact track of market growth by top international industries.

Key Players for Global Cataract Surgery Device Market

Some of the key players in this market are: Alcon, Inc. (U.S), Abbott Laboratories (U.S.), Carl Zeiss Meditech AG (Germany), Essilor International S.A. (France), Opcon Corporation (Japan), Allergan, Inc. (U.S.), Bausch & Lomb, Inc. (U.S.), NIDEK Co., Ltd. (Japan), STAAR Surgical Company (U.S.) and others.

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Cataract Surgery Device Market - Overview

The Globally for Cataract Surgery Device Market is growing steadily. Factors that influence the cataract surgery device market are increasing prevalence of cataract surgery, increasing advance technology in cataract surgery device market, increase in the aging population, prevalence of eye disease and many others. Globally the market for cataract surgery device is expected to grow at the rate of about 5.5% from 2016 to 2022.

Market Drivers and Restraints:

The occurrence of cataract is very common in the elderly population. Other causative agents of cataract are trauma and long-time exposure to radiations. The increasing prevalence of cataract among geriatric population all over the world is inducing high demand for efficient surgical devices to perform cataract surgery. The rise in preference for less invasive procedures has created huge opportunities for the manufacturers to introduce high-tech ophthalmic surgical devices, leading to the expansion of the global cataract surgery device market.

The government sector in various countries are focusing on increasing awareness regarding cataract and are undertaking the initiatives to provide low-cost cataract surgeries in underdeveloped regions, which in turn is fueling the growth of the global cataract surgery device market. The rise in adoption of advanced technology in the healthcare sector for improving the diagnostics, surgical and treatment procedures is impacting positively on the expansion of the global cataract surgery device market.

However, the population in underdeveloped regions is still unaware of the benefits of cataract surgery, which is negatively impacting on the growth of the global cataract surgery device market. The low penetration of advanced technology and poor primary healthcare infrastructure in underdeveloped regions and in some areas of developing regions are likely to create hindrance in the growth of the global cataract surgery device market during the forecast period.

Regional Analysis for Global Cataract Surgery Device Market

Globally North America is the largest market for Cataract Surgery Device Market. The North American market for Cataract Surgery device is expected to grow at a CAGR of 4.9%. Europe is the second-largest market for Cataract Surgery device which is expected to grow at a CAGR of 5.2%. Asia pacific region is expected to be fastest growing region in Cataract Surgery device market.

Segments for Global Cataract Surgery Device Market

Global Cataract Surgery Device Market has been segmented on the basis of device type which comprises of intraocular lens (IOL), ophthalmic viscoelastic device (OVD), phacoemulsification equipment and femtosecond laser equipment. Furthermore on the basis of end user the market is segmented into ophthalmology centers, hospitals, clinics and others.

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Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

TOC Continued…

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