Press release
Eye Care Surgical Market will reach at USD 9.96 Billion by 2030: Cognitive Market Research
Eye Care Surgical Market will reach at USD 9.96 Billion by 2030: Cognitive Market Research
Eye surgery is also known as Ophthalmic surgery or Ocular surgery. Eye surgery is performed on the eye or its adnexa. The eye care surgical devices are used to clear the vision, conduct the surgery and diagnose the disease. The increasing prevalence of ophthalmic diseases like cataracts, glaucoma, and other vision-related diseases is fuelling the demand for eye surgical devices in the market. The devices are invasive and non-invasive and instrumental devices and implantable devices like glaucoma stents and intraocular lenses. The recent development in cataract surgery equipment in eye care has increased the chances of safety and effectiveness, and the increasing prevalence of eye diseases is boosting the eye care surgical market growth.
Summary:
The Global Eye Care Surgical market was valued at USD 6.44 Billion in 2022 and is projected to reach USD 9.96 Billion by 2030, registering a CAGR of 5.6% for the forecast period 2023-2030.
Market Dynamics:
• Increasing cases of Eye diseases are boosting the Eye Care Surgical Market growth
The risk of eye disorders over the world is projected to increase in the forecast period. Diseases like cataracts, diabetic retinopathy, glaucoma, and age-related macular degeneration, are the main causes of visual impairment and blindness. For instance, according to the report of the Centers for Disease Control and Prevention, more than 4.5 million Americans aged 40 years and older are with low vision or are legally blind (AMD).
• Rising Awareness of Ocular Diseases coupled with advanced technology (Available on- https://www.cognitivemarketresearch.com/eye-care-surgical-market-report)
Market Segmentation:
Product Type:
• Implant & Stents
• Viscoelastic
• Laser Surgery
• Phacoemulsification Equipment
• Others
The increasing popularity of intraocular lenses, glaucoma drainage implants, bionic eyes, and glaucoma stents is projected to boost segment growth in the eye care surgical market. The increasing awareness of cataract cases by different private and government organizations is also fuelling the segment growth in the market. For cataract surgery, the major players in the market have launched new eye care implants and stents.
Application:
• Cataract Surgery
• Glaucoma Surgery
• Refractive Surgery
• Others
The rising number of Cataract surgeries all over the world is boosting the segment growth in the market and is projected to sustain its position in the forecast period. The advanced technology and innovation in cataracts by the ophthalmic surgical device market players are also augmenting the segment growth in the market. Additionally, the increasing incidences of retinopathy among diabetic patients and the rising usage of surgery equipment and ophthalmic lasers are fuelling the segment growth in the market in the forecast period.
End User:
• Hospitals
• Speciality Centers
• Others
Hospitals are the first for the use of eye care surgical devices, as they are authorized by government investments as the devices and services have a high cost. The patients preferred hospitals, as the hospitals are highly favorable for cataracts, diabetic retinopathy, and glaucoma. Additionally, the rise in the specialty centers segment can be associated with the rising number of clinics over the globe and patients' choice of specialists for treatment.
Get free sample pages of latest published Eye Care Surgical Market Report: https://www.cognitivemarketresearch.com/eye-care-surgical-market-report#request_sample
Competitive Analysis for Eye Care Surgical Market:
• Carl Zeiss Meditec AG
• Alcon
• Bausch Health Companies Inc
• Johnson & Johnson
• Lumenis Ltd.
• Topcon Corporation
• IRIDEX Corporation
• NIDEK CO.LTD.
• Ziemer Ophthalmic Systems
• Quantel Medical
• Hoya Surgical Optics
Regional Analysis:
North America leads the eye care surgical market and is expected to dominate the market in the forecast period. As the increasing prevalence of eye-related diseases and refractive errors in the region. The people suffering from glaucoma and the increasing number of surgeries of cataract is projected to boost the market growth in the forecast period. In addition, government funding in research and development in the eye care surgical field is fuelling the market growth in the region.
Asia Pacific is the fastest-growing region in the eye care surgical market. A large number of cases of visual impairment and the increasing awareness of eye situations among the common people are boosting the eye care surgery market growth. Additionally, the major players in the market are focusing on investment in R&D which is contributing to the growth of the market in the region.
News:
• April 2023,
Johnson & Johnson Vision Receives FDA Clearance for its ELITA Femtosecond Laser.
Johnson & Johnson Vision*, a global leader in eye health and part of Johnson & Johnson MedTech, announced today that its new ELITA Femtosecond Laser has received FDA 510(k) clearance for the creation of LASIK flaps. ELITA will be unveiled at the 2023 American Society of Cataract and Refractive.
• Feb 2021,
Smartphones could be used to reveal early-warning signs of glaucoma
Smartphones could be used to scan people's eyes for early-warning signs of glaucoma - helping to prevent severe ocular diseases and blindness, a new study reveals. Some of the most common eye-related diseases are avoidable and display strong risk factors before onset, but it is much harder to pinpoint a group of people at risk from glaucoma. Glaucoma is associated with elevated levels of intraocular pressure (IOP) and an accurate, non-invasive way of monitoring an individual's IOP over an extended period would help to significantly increase their chances of maintaining their vision.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research Methodology Review Complete Research Methodology
Chapter 3 Executive Summary of Eye Care Surgical Market
• 3.1 Global Eye Care Surgical Market Size 2018 - 2030, (USD Million)
• 3.2 Global Eye Care Surgical Value, Absolute & Opportunity Analysis
• 3.3 Global Eye Care Surgical Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Eye Care Surgical Market Statistics 2022: Snapshot
Chapter 4 Global Eye Care Surgical Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Eye Care Surgical Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Eye Care Surgical Industry Mergers and Acquisition Analysis
• 5.3 Global Eye Care Surgical New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Eye Care Surgical Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Eye Care Surgical Market by Product Type Segmentation Analysis (2018-2030)
Chapter 10 Global Eye Care Surgical Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Eye Care Surgical Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global Eye Care Surgical Market Regional Analysis
Chapter 13 North America Eye Care Surgical Market Outlook (2018 - 2030)
Chapter 14 Europe Eye Care Surgical Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Eye Care Surgical Market Outlook (2018 - 2030)
Chapter 16 Latin America Eye Care Surgical Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Eye Care Surgical Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more the Eye Care Surgical Market TOC click here: https://www.cognitivemarketresearch.com/eye-care-surgical-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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