Cataract Surgery Devices Market Revenue Opportunities By Key Vendors Abbott Laboratories, Alcon, Inc., Opcon Corporation, Essilor International S.A., STAAR Surgical Company, and NIDEK Co., Ltd

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.

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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.

Cataract Surgery Devices Market - Key Players Operating Globally
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.

Increasing incidence and prevalence of ocular diseases to propel the growth of global cataract surgery devices market

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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.

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

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