Eye Care Surgical Market Insights on Trends, Drivers and Opportunities by 2022 & key players - Abbott, Alcon, Bausch & Lomb, Lumenis, Topcon Medical Systems, Ellex Medical Lasers, Carl Zeiss Meditech etc.

Eye Care Surgical Market Size and Growth Rate:
Eye Care Surgical Market was valued at USD xx billion in 2018 and projected to reach USD xx billion by 2022 growing at a CAGR of xx% during the forecast period 2018 to 2022.

Eye Care Surgical Market Overview:
Eye care involves examining of the eyes to detect abnormalities or defects and provide medical diagnosis & management of eye disease. Eye disorders such as cataract, glaucoma, diabetic retinopathy, diabetic macular edema, and other eye-related surgical disorders are mostly treated with eye care surgical instruments. The devices used are highly accurate and precise and allow patients to return home on the day of the surgery, avoiding a hospital stay and extended recovery time. These devices have a lower risk of infection in laser surgeries.

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Eye Care Surgical Market Growth Drivers and Restraints:
With the growing incidences of cataract, the ophthalmic surgical equipment market will witness considerable growth in this segment during the next few years. Surgeries for eyecare include a varied category of issues including cataract surgery, glaucoma surgery, oculoplastic surgery, refractive surgery, corneal surgery, vitreo-retinal surgery, and others, which include eye removal and eye muscle surgery. Growing geriatric population globally has made cataract the most performed category in 2017 with 82% of total eye care surgeries.

However, in spite of all the technology advancements, the eye being an extremely delicate organ, does face complications, and therefore customers are apprehensive about undergoing the treatment. This can significantly impact the market growth. Other restraints in this market include high costs of devices and dearth of skilled professionals with expertise in ophthalmic surgery. One trend that is influencing the market highly is the advances in laser technology. Advances in laser technology have brought about many new laser types which include pattern scan laser, reduced fluence laser, short-pulse duration, and navigated laser systems for macular edema and proliferative diabetic retinopathy. Growing awareness and better results are expected to boost the market in the long run.

Geographic Insights of Eye Care Surgical Market:
North America is expected to hold the large portion of the market share as close to 47% of the global surgeries are held here. This is primarily owing to their early adoption of eye surgical technology. Growing population and geriatric people in Asia Pacific are also expected to boost growth in this region. The growing focus on healthcare and adoption of laser and newer technology has set the market to grow in many developing regions like India and China.

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Key Market Players of Eye Care Surgical Market:
Some of the key players of this market include Abbott, Alcon, Bausch & Lomb, Lumenis, Topcon Medical Systems, Ellex Medical Lasers, Carl Zeiss Meditech etc.

Eye Care Surgical Market Key Segmentation:
By End User
• Hospitals
• Ambulatory Surgical Centers
• Ophthalmology Clinics
• Eye Research Institutes

By Application
• Cataract Surgery
• Glaucoma Surgery
• Refractive Surgery
• Corneal Surgery
• Vitreo-Retinal Surgery
• Oculoplastic Surgery
• Others

By Region:
• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

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