Global Vitreoretinal Surgery Devices Market 2023: Enhanced Image Resolution and Development in Cutter Blade Technology to Create Profitable Opportunities

The vitreoretinal surgery devices market refers to the segment of the medical device industry that deals with the production and sales of devices used in vitreoretinal surgery. Vitreoretinal surgery is a specialized type of eye surgery used to treat a variety of conditions affecting the retina and vitreous, such as age-related macular degeneration, retinal detachment, and diabetic retinopathy.

The market for vitreoretinal surgery devices has been growing rapidly in recent years, driven by the increasing demand for better and more effective treatments for retinal diseases, as well as the aging of the population, which results in an increased incidence of age-related eye diseases. Technological advancements in retinal surgery devices, such as the development of more advanced and precise surgical instruments, also drive the market growth.

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Constantly Increasing Prevalence of Retinal Disorders

The growing demand for vitreoretinal surgery devices can be primarily attributed to the growing incidence of retinal detachment (RD) and diabetic retinopathy. Diabetic retinopathy and eye disorders are primarily affecting a large population group, which has increased the disease awareness about these conditions and other related diseases. Growth in the population affected with retinal disorders has led to an increase in the number of manufacturers and distributors, as well as hospitals and retinal centers. These retina centers have spread awareness among people and end users about the importance of vitrectomy surgery and associated advantages of vitrectomy. This is increasing the applications of vitreoretinal surgery devices for diabetic hemorrhage cases, retinopathy, and consequently increasing the revenue generation of the vitreoretinal surgery devices market.

According to the latest research by PMR, the global vitreoretinal surgery devices market is expected to account for almost US$ 3,000 Mn in terms of value by the end of 2029. The report on the vitreoretinal surgery devices market further projects a significant growth potential for the vitreoretinal surgery devices market with a CAGR of 6.0% through 2029.

Companies

Alcon, Inc.
Dutch Ophthalmic Research Center International B.V.
Bausch & Lomb Incorporated
Geuder AG
Carl Zeiss
Hooya Corporation
Cooper vision
Ellex Medical Lasers
Safilo Group
Rodenstock
Erbe Elektromedizin

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Segmentation Highlights: Vitreoretinal Surgery Devices Market

PMR has segmented the global vitreoretinal surgery devices market based on product type into vitrectomy accessories, vitrectomy packs, vitrectomy machines, and vitreoretinal surgery disposables. On the basis of application, the vitreoretinal surgery devices market is further segmented into diabetic vitreous hemorrhage, retinal detachment, macular hole, and others.

In terms of revenue, the vitrectomy accessories segment of the vitreoretinal surgery devices market is estimated to hold a prominent share over the forecast period. According to PMR, the vitrectomy accessories segment accounted for a revenue share of over 39.3% in the overall vitreoretinal surgery devices market in 2019. However, the increasing procedure count of retinal detachment surgery and the growing adaption of vitrectomy machines is estimated to fuel the growth of the vitreoretinal surgery devices market in the near future.

In terms of revenue, the hospitals end user segment of the vitreoretinal surgery devices market is expected to a hold a significant share over the forecast period, followed by the ambulatory surgical center segment. The specialty clinics end-user segment, which consists of eye clines and retina centers sub-segments in the vitreoretinal surgery devices market, is expected to witness limited investment opportunities in terms of revenue throughout the study period.

The report tracks some of the major companies operating in the vitreoretinal surgery devices market, which include Dutch Ophthalmic Research Center International B.V., Alcon Inc., Bausch & Lomb Incorporated, Carl Zeiss, Geuder AG, Topcon Corporation, IRIDEX Corporation, Ellex Medical Lasers, and Erbe Elektromedizin.

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Key Questions Answered in This Report.

What are the Roadblocks for Vitreoretinal Surgery Devices Market Suppliers?
What are the Key Opportunities for Vitreoretinal Surgery Devices Market Manufacturers?
How is Focus on Safety Influencing Vitreoretinal Surgery Devices Market Demand?
What is the Regulatory Impact on Global Sales of Vitreoretinal Surgery Devices Market?
Which Region Offers the Largest Opportunity for Sales of Vitreoretinal Surgery Devices Market?
Where Does the U.S. Stand in the Market for Vitreoretinal Surgery Devices Market?
What Is the Outlook for Vitreoretinal Surgery Devices Market Manufacturers in China?
Why is Germany a Lucrative Market for Vitreoretinal Surgery Devices Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Vitreoretinal Surgery Devices Market?
Why is There High Demand for Tires in Vitreoretinal Surgery Devices Market?
Why are Sales of Vitreoretinal Surgery Devices Market Surging?

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