Cataract Surgery Devices Market Revenue Opportunies By Key Vendors Abbott Laboratories, Carl Zeiss Meditech AG, Bausch & Lomb, Inc., Allergen, Inc., Alcon, Inc., Opcon Corporation

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 with 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.

Cataract encountered to be the major cause of blindness across the globe facilitating the demand for cataract surgery devices.

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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.
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.

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Global Cataract Surgery Devices Market Taxonomy:
On the basis of product type, the global cataract surgery devices market is segmented into:
• Intraocular Lens (IOL)
• Ophthalmic Viscoelastic Device (OVD)
• Phacoemulsification Equipment
• Femtosecond Laser Equipment
On the basis of end user, the global cataract surgery devices market is segmented into:
• Hospitals
• Clinics
• Ophthalmology Centers

Substantial number of cataract surgeries are dominating the North America global cataract surgery devices market.

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This release was published on openPR.