openPR Logo
Press release

Cataract Surgery Devices Market to Reach $9,587 Million, By Growing at a CAGR of 4.3% from 2017 to 2023 with Top Players are Abbott Laboratories, Novartis AG, Carl Zeiss Meditec AG, Essilor International S.A.

06-10-2019 11:22 AM CET | Health & Medicine

Press release from: Allied Market Research

Cataract Surgery Devices Market

Cataract Surgery Devices Market

The Cataract Surgery Devices Market was valued at $7,025 million in 2016, and is projected to reach $9,587 million by 2023, growing at a CAGR of 4.3% from 2017 to 2023. The intraocular lenses (IOLs) segment accounted for half share of the global market in 2016.

Cataract is a condition in which clouding of the lens occurs. Cataract surgery devices are instruments and consumables, such as intraocular lens (IOLs), salt solutions, forceps, syringe, liquids for scrubbing, and various hand pieces, which aid in a cataract surgery. These surgery devices help enter vitreous cavity and separating the natural lens from the cavity.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/2609

Increase in incidences of diseases such as diabetes, obesity, and hypertension. In addition, the growth in geriatric population also boosts the growth of the market as geriatric population is more prone to cataract ailments. However, dearth of skilled professionals restrain the growth of the market. Moreover, government and non-profit organizations introduce programs to reduce the burden of cataract-related diseases globally, which create lucrative opportunities for key market players.

Asia-Pacific witnessed the highest growth rate in the global market from 2017 to 2023. This is attributed to growth in awareness related to cataract as well as due to the introduction of novel cataract surgery procedures. For instance, in 2012 bladeless cataract surgery was introduced in India. However, laser-assisted cataract surgery was not widely accepted at the beginning, nevertheless after the introduction of many reimbursement schemes by the government and increase in awareness, laser-assisted cataract surgeries are accepted widely in the Asia-Pacific.

Get a purchase enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/2609

The key players operating in the global cataract surgery devices market have adopted product launch as their key developmental strategy and have focused on launching innovative products to cater the requirements and strengthen their market share.

The major company profile Are:

• Abbott Laboratories
• Novartis AG
• Carl Zeiss Meditec AG
• Essilor International S.A.
• HAAG-Streit Holding AG
• Johnson & Johnson
• Nidek Co., Ltd.
• Topcon Corporation
• Valeant Pharmaceuticals International, Inc.
• Ziemer Ophthalmic Systems AG.

Access Full report @ https://www.alliedmarketresearch.com/cataract-surgery-device-market

The consumables segment generated the highest revenue in 2016 accounting for two-thirds share of the global market, and is anticipated to dominate the market throughout the forecast period. This is attributed to the increase in demand for cataract surgeries, which in turn boost the growth of the consumables segment.

The ophthalmology clinics segment accounted for the three-eighths share of the global market in 2016, and is expected to register the highest CAGR of 4.7% during the forecast period. This is attributed to the increase in awareness among individual due to the various camps and activities conducted by ophthalmology clinics. In addition, ophthalmology clinics also has a vast range of cataract surgical equipment, which are mostly scarce in hospital settings.

Key Findings of the Cataract Surgery Devices Market:

• The phacoemulsification systems segment accounted for one-third share of the total market in 2016 and is expected to grow with a high CAGR of 4.4% during the forecast period.
• The equipment segment is the fastest growing type of cataract surgery devices of global market in 2016, and is expected to grow at a CAGR of 4.6% during the forecast period.
• The U.S. dominated the North America cataract surgery devices market, accounting for the maximum share of the global market in 2016.
• Asia-Pacific is exhibited to grow at a significant CAGR of 5.9% during the forecast period.
• China was the fastest growing country in the Asia-Pacific cataract surgery devices market in 2016, registering a CAGR of 9.3%, and is anticipated to continue this trend during the forecast period.
• The hospitals segment contributed to the highest market share in 2016, registering a CAGR of 4.0% from 2017to 2023.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cataract Surgery Devices Market to Reach $9,587 Million, By Growing at a CAGR of 4.3% from 2017 to 2023 with Top Players are Abbott Laboratories, Novartis AG, Carl Zeiss Meditec AG, Essilor International S.A. here

News-ID: 1769389 • Views: 910

More Releases from Allied Market Research

LiDAR Market 2020-2027: Emerging Trends, Market Share, Top Impacting Factors and …
Allied Market Research published an exclusive report, titled, “LiDAR Market By Type (Terrestrial, Aerial, Mobile, and Short Range), Component (LASER, Inertial Navigation System, Camera, GPS GNSS Receiver, and MEMS), Application (Corridor Mapping, Seismology, Exploration & Detection, and Others), and End User (Defense & Aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining, and Transportation): Global Opportunity Analysis and Industry Forecast, 2020-2027”. The LiDAR market report offers an in-depth analysis of every crucial
Hybrid-Electric Vehicle Insulation Market Technological Innovation, Trends & Top …
Hybrid electric vehicle insulation is used to shield the vehicle from heating, sound & vibrations, and provide a convenient drive to the passengers. Insulators help in controlling the in-vehicle temperature to obtain a comfortable cabin climate. Overheating in hybrid electric vehicles could majorly impact the battery pack and may lead to degradation of the engine performance. Furthermore, the noise & vibrations develop an adverse ambience inside the vehicle. However, vehicle
Passenger Car Adhesives Market Analysis, Key Players, Challenges, Segmentation …
Adhesives are the most versatile bonding components used by automakers to make cars lighter and tougher. It can be found naturally or can be synthetically produced. But the adhesives that are currently utilized in the automotive industry are mostly synthetic in nature, which are used to bind metals, composites, plastic, and other materials. Adhesives are increasingly being used in the automotive industry for binding numerous vehicle components, such as in
Early Toxicity Testing Market Industry Analysis and Forecast (2020-2025) – by …
The global Early Toxicity Testing Market was pegged at $614 million in 2015 and is projected to reach $1,012 million by 2022, registering a CAGR of 7.3% during the period 2016–2022. The report analyzes the leading market players including Thermo Fisher Scientific Inc., Agilent Technologies Inc., Merck & Co., Inc., Becton, Danaher Corporation, The Jackson Laboratory, Bio-Rad Laboratories, Inc., Quest Diagnostics Incorporation, Charles River Laboratories International Incorporation, Dickinson And Company, and

All 5 Releases


More Releases for Cataract

Cataract Market - Sophisticated Applications 2025 | Hoya Corporation, Alcon, Inc
Global Cataract Market: Snapshot The incrementing demand in the global cataract market is a reflection of growing geriatric population, as people aged over 60 years frequently develop conditions wherein eyes have reduced elasticity and in turn affects the normal functioning. The market for cataract is also expected to gain from awareness programs such as VISION 2020, launched by the WHO and the International Agency for the Prevention of Blindness. Request Sample Copy
Cataract Market new-age technologies advent 2025
Global Cataract Market: Snapshot The incrementing demand in the global cataract market is a reflection of growing geriatric population, as people aged over 60 years frequently develop conditions wherein eyes have reduced elasticity and in turn affects the normal functioning. The market for cataract is also expected to gain from awareness programs such as VISION 2020, launched by the WHO and the International Agency for the Prevention of Blindness. Primarily, there are
Cataract Market Geriatric & Future Scenario 2025
Global Cataract Market: Snapshot The incrementing demand in the global cataract market is a reflection of growing geriatric population, as people aged over 60 years frequently develop conditions wherein eyes have reduced elasticity and in turn affects the normal functioning. The market for cataract is also expected to gain from awareness programs such as VISION 2020, launched by the WHO and the International Agency for the Prevention of Blindness. Request Sample Copy
Cataract Surgery Devices Market Sizes and Predictions For Growth 2018
"The Latest Research Report Cataract Surgery Devices - Medical Devices Pipeline Assessment, 2018 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" GlobalData's Medical Devices sector report, Cataract Surgery Devices - Medical Devices Pipeline Assessment, 2018" provides an overview of Cataract Surgery Devices currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of the products at various
Cataract Surgery Devices Market - Global Industry Insights 2017 - 2025
Increasing incidence and prevalence of ocular diseases to propel the growth of global cataract surgery devices market 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
Cataract Surgery Device Market 2017: Rising Demand For Coming Years
Qyresearchreports include new market research report “Global Cataract Surgery Device Sales Market Report 2017” to its huge collection of research reports. The far reaching report here collects alternate points of view having a place with the general Cataract Surgery Device marketplace which verbalizes the all-encompassing day records and destiny exposures as regards to the dynamic forces at play. The prime aim in the examination report is to offer the endorser with