Cataract Surgery Devices Market Size, Status and Precise Outlook- Canon Medical Systems Corporation, Carestream Health Inc., Esaote SpA

The Cataract Surgery Devices market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers detailed market analysis to provide a 360-degree research study on the global Cataract Surgery Devices market. Some of the tools used for this are SWOT, PESTEL and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Cataract Surgery Devices from 2021 till 2026.

The Cataract Surgery Devices Market is projected to grow with a CAGR of 4.2% over the forecast period.

The growth rate of the market can be attributed to a cohort of factors, such as the growing prevalence of cataract cases and increasing geriatric population who are more prone to ophthalmologic diseases especially cataracts. According to Preventblindness.org, 2019, an estimated 38.5 million entities in the United States will have cataracts by 2032 and the average annual costs related to the treatment of cataracts in the United States is nearly USD 7 billion. With the increasing prevalence of the cataract cases the surgeries increase creating an enormous demand for the devices. For instance, according to LaserSurgeryHub.uk, approximately 330,000 cataract operations are performed each year in England alone. With this huge number of surgeries, the market growth is bound to increase globally. Furthermore, the technological advancements in ophthalmic devices are increasing the comfort levels of the doctors and the patients, having a positive impact on market growth.

Top leading Manufactures Profiled in Cataract Surgery Devices Market Report are:

Coburn Technologies Inc., Alcon Surgical Resources, Johnson & Johnson, NIDEK, Abbott, Ziemer Ophthalmic Systems, Carl Zeiss Meditech AG, Alcon, Inc.

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News and Update-

STAAR Surgical Launches Product to Improve Safety and Efficiency in Cataract Surgery

June 01, 2021 Bausch + Lomb and Prevent Blindness Launch Educational Campaign During Cataract Awareness Month

05/26/2020 BAUSCH + LOMB ANNOUNCES THE LAUNCH OF A NEW PLATFORM OF PRELOADED INTRAOCULAR LENSES, LUXSMART™ AND LUXGOOD™

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.

Global Cataract Surgery Devices Market Split by Product Type and Applications:

Market Research Study Focus on these Types:

Intraocular Lens (IOL)
Ophthalmic Viscoelastic Device (OVD)
Phacoemulsification Equipment

Market Research Study Focus on these Applications:

Hospitals
Ophthalmology Clinics
Ambulatory Surgery Centers

Regional Analysis for Cataract Surgery Devices Market:

For a comprehensive understanding of market dynamics, the global Cataract Surgery Devices market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

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Global Cataract Surgery Devices Market: Competitive Landscape

North America Dominates the Market and Expected to do Same in the Forecast Period

North America is expected to dominate the overall market, throughout the forecast period. The market growth is due to factors such as the high prevalence of cataract in the region, established healthcare infrastructure, high disposable income, favorable reimbursement policies. The National Institutes of Health (NIH) stated that around 50% of the population will acquire cataracts by the age of 80 years in America. As per the statistics the region is going to maintain its dominance in the market throughout the forecast period.

Frequently Asked Questions about the Cataract Surgery Devices market:

– What are the recent developments and government policies?
– What are the top trends in the Cataract Surgery Devices market?
– What is the growth rate of the market?
– Which Is the Most potential market segment?
– Which are the top industry players in the Cataract Surgery Devices market?
– Which region would offer high growth for vendors in the market?

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