Cataract Surgery Device Market Business Development and Competitive Landscape to 2022 – by Abbott Laboratories, Carl Zeiss Meditech AG, Essilor International S.A., Opcon Corporation, etc

The Global Cataract Surgery Device Market is experiencing an upturn and is expected to grow at a compound annual growth rate of 5.5% over the forecast period of 2016-2022, reveals Market Research Future (MRFR) in a recently published research report. The global visual impairment population is increasing gradually which is the primary driving force behind the growth of the global cataract surgery device market. Increasing prevalence of eye disorders, especially cataract which necessitates surgery and, in turn, drives the market for cataract surgery device market. The gradual rise in global geriatric population is also estimated to be a positive driving force for the market growth. The aging populace is more prone to developing a cataract, and the demographic shift in developed countries towards older age will lead to an increased rate of cataract surgeries.

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Regional Analysis for Global Cataract Surgery Device Market

The global cataract surgery devices market spans across the regions of North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the largest market for cataract surgery devices and accounts for 46% share of the global market. Robust healthcare sector, high expenditure on medical devices and rapid adoption of advanced technologies support the growth of the North America cataract surgery device market and is expected to expand at a CAGR of 4.9% over the forecast period. Europe is the second largest market for cataract surgery device market and is expected to grow at a CAGR of 5.2% while Asia Pacific is expected to grow at a relatively faster rate as compared to others. The Latin America and Middle East & Africa market are expected to exhibit limited growth due to low penetration of healthcare.

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.

Key Players for Global Cataract Surgery Device Market

The notable players operating in the global cataract surgery device market include Allergan, Inc. (U.S.), Essilor International S.A. (France), Bausch & Lomb, Inc. (U.S.), STAAR Surgical Company (U.S.), Carl Zeiss Meditech AG (Germany), Abbott Laboratories (U.S.), Opcon Corporation (Japan), NIDEK Co., Ltd. (Japan), and Alcon, Inc. (U.S).

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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This release was published on openPR.