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Vitrectomy Devices Market Research Analysis, Trends, Application And In-Depth Qualitative Insights And Future Growth
Vitrectomy Devices Market
The Business Research Company's Vitrectomy Devices Global Market Report 2023 identifies increasing prevalence of visual impairment as the major driver for the Vitrectomy Devices market's growth in the forecast period. Visual impairment is a condition in which a person's ability to see is compromised to the point where it affects their daily activities. The increasing prevalence of visual impairment is mostly driven by the aging population, the rise of chronic diseases, and poor lifestyles, where vitrectomy devices are commonly used to treat a range of eye conditions that can lead to visual impairment.
The global vitrectomy devices market size is expected to grow from $1.40 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.36%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global vitrectomy devices market size is expected to reach $2.07 billion in 2027 at a CAGR of 6.75%.
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Major competitors in the Vitrectomy Devices market are Alcon Inc., Bausch and Lomb Incorporated, BVI Medical, Nidek Co Ltd., Johnson and Johnson Vision Care Inc.
A key trend in the Vitrectomy Devices market includes High-precision vitrectomy devices. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in April 2021, DORC announced the launch of its new trocar cannula system, the EVA AVETA™. The system is designed to provide a minimally invasive approach for vitreoretinal surgeries, offering surgeons a smaller incision and reducing the risk of complications.
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The Vitrectomy Devices market is segmented -
• By Products: Vitrectomy Machines, Vitrectomy Packs, Photocoagulation Lasers, Illumination Devices
• By Surgery Approach: Posterior Or Pars Plana Vitrectomy, Anterior Vitrectomy
• By Applications: Diabetic Retinopathy, Retinal Detachment, Macular Hole, Vitreous Hemorrhage, Other Applications
• By End-Users: Hospitals, Ophthalmic Clinics, Ambulatory Surgical Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Vitrectomy Devices market.
The Business Research Company's "Global Vitrectomy Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Vitrectomy Devices Market Include:
1. Executive Summary
2. Vitrectomy Devices Market Characteristics
3. Vitrectomy Devices Market Trends And Strategies
4. Vitrectomy Devices Market - Macro Economic Scenario
5. Vitrectomy Devices Market Size And Growth
…………………………………………
26. Africa Vitrectomy Devices Market
27. Vitrectomy Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vitrectomy Devices Market
29. Vitrectomy Devices Market Future Outlook and Potential Analysis
30. Appendix
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