Cataract Surgery Devices Market to Reap Excessive Revenues by 2023 | Focuses on Eminent players like Johnson & Johnson, Abbott Laboratories, Novartis AG, Topcon Corporation, Essilor International S.A., Ziemer Ophthalmic Systems AG ; Says CMR
Top Eminent Players:
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., and HAAG-Streit Holding AG.
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The Cataract Surgery Devices Market is segmented as follows-
Ophthalmic Viscoelastic Device (OVD)
Intraocular Lens (IOL)
By End User
Ambulatory Surgery Centers
Regional Segment Insights:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia and Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
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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Table of Contents:
4.Market Analysis by Regions
5.Cataract Surgery Devices Market, By Product
6.Cataract Surgery Devices Market, By Type
7.Cataract Surgery Devices Market, By Region
9.Global Cataract Surgery Devices Market Competition, by Manufacturer
10. Cataract Surgery Devices Market Forecast (2018-2023)
Key Growing Factors of Market:
The global market is driven by the increasing number of population suffering from cataract disorders which may be due to medical conditions and due to natural phenomenon. The number of less skilled professional in this field and due to less awareness about the cataract disorders is delaying the growth of the global cataract surgery devices market. One of the reasons of restrains associated with cataract surgeries is high cost, when it comes to developing countries, like India, South Africa, Brazil, and China. The increased investment for developing efficient devices for cataract surgery all over the globe, like Zepto capsulotomy system by Mynosys Cellular Devices are creating great deal of profit for key market players.
List of Figures:
Figure United States Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Canada Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Mexico Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
Figure Germany Cataract Surgery Devices Revenue (Million USD) and Growth Rate (2014-2023)
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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