(2020-2030) Refractive Surgery Devices And Equipment Market Is Gaining High Demand Globally | Covid 19 Impact and Recovery

The Business Research Company offers "Refractive Surgery Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global refractive surgery devices and equipment market is expected to decline from $1 billion in 2019 to $0.8 billion in 2020 at a compound annual growth rate (CAGR) of -20%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. The restrictions on non-essential medical services including ophthalmology services coupled with slowed production of ophthalmic devices used for treating eye conditions, due to extended factory closures in various countries together have contributed to the decline in the growth rate. The market is then expected to recover and grow at a CAGR of 8.7% from 2021 and reach $1.3 billion in 2023.

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The refractive surgery devices (or) equipment market consists of sales of refractive surgery devices. The refractive surgery devices are used to improve or correct the refractive errors such as nearsightedness (myopia), farsightedness (hyperopia), presbyopia or astigmatism. These devices include excimer lasers, YAG Lasers, microkeratomes and femtosecond lasers.

A significant driving factor for the growth of Refractive surgery devices and equipment market is an increase in the geriatric population worldwide with eye disorders. Age related macular degeneration is the major cause of loss of vision over the age of 65 years. There are many elderly people with refractive errors and requires immediate surgical care to cure visual impairment. The rising elderly population throughout the year increases the demand for refractive surgeries.

Refractive Surgery Devices and Equipment Market Segmentation: -
By Product Type
Microkeratome
Excimer Lasers
Femtosecond Lasers
YAG Lasers

By End User
Hospitals
Ambulatory Surgical Centres
Opthalmology Clinics

By Application
Astigmatism
Near-sightedness
Farsightedness

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Few Points From Table Of Content
1. Executive Summary
2. Refractive Surgery Devices and Equipment Market Characteristics
3. Refractive Surgery Devices and Equipment Market Size And Growth
4. Refractive Surgery Devices and Equipment Market Segmentation
5. Refractive Surgery Devices and Equipment Market Regional And Country Analysis
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25. Refractive Surgery Devices and Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Refractive Surgery Devices and Equipment Market
27. Refractive Surgery Devices and Equipment Market Trends And Strategies
28. Product Pipeline Analysis
29. Refractive Surgery Devices and Equipment Market Future Outlook and Potential Analysis
30. Appendix

The report covers the trends and market dynamics of the Refractive Surgery Devices and Equipment Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Refractive Surgery Devices and Equipment Market are Alcon, J & J, Zeiss, Bausch and Lomb (Valeant), Ziemer Ophthalmic, Nidek, STAAR, Avedro, Lensar.

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