Vitreoretinal Surgery Devices Global Market Report 2024 - By Share, Size, Growth, Trends, Forecast To 2033

The vitreoretinal surgery devices market size has grown strongly in recent years. It will grow from $1.99 billion in 2023 to $2.11 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increased incidence of retinal disorders, aging population, advancements in surgical techniques, risen diabetic population, patient preference for minimally invasive surgery.

The vitreoretinal surgery devices market size is expected to see strong growth in the next few years. It will grow to $2.57 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to continuous growth in aging demographics, increasing burden of retinal diseases, advancements in surgical instrumentation, growing diabetes epidemic, expansion of healthcare infrastructure. Major trends in the forecast period include focus on retinal imaging technologies, advancements in intraocular tamponades, innovations in laser systems, customization and patient-specific approaches, integration of artificial intelligence.

Market Overview -
Vitreoretinal surgery devices are specialized medical instruments that have typically incorporated a peristaltic pump, a venturi pump, or a combination of both to manage fluids. It is used for the removal of core vitrectomy, membrane cutting, and hyaloid and vitreous bases. These vitreoretinal surgical instruments feature improved flow control and less retinal traction.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=10680&type=smp

Growing Incidences Of Eye Disorders Fueling Expansion In The Vitreoretinal Surgery Device Market
Growing incidences of eye disorders are expected to propel the growth of the vitreoretinal surgery device market going forward. Eye disorders refer to non-neoplastic or neoplastic disorders that affect the eye. Vitreoretinal surgery devices are used to treat eye diseases such as macular degeneration, cataracts, diabetes-related retinopathy, glaucoma, and retinal detachment. For instance, in December 2022, according to the Centers for Disease Control and Prevention, a US-based federal agency, in the United States, 12 million persons aged 40 and older would have vision impairment, of which 1 million are blind, 3 million have it after having their vision corrected, and 8 million have it because of uncorrected refractive error. Therefore, the increasing incidence of eye disorders drives the vitreoretinal surgery device market.

Competitive Landscape -
Major companies operating in the vitreoretinal surgery devices market report are Alcon Inc., Bausch & Lomb Inc., OCULUS Optikgerate GmbH, MedOne Surgical Inc., Carl Zeiss Meditec AG, Peregrine Surgical Group Pvt. Ltd., D.O.R.C. Dutch Ophthalmic Research Center B.V., Paragon Care Group Pvt. Ltd., Topcon Corporation, Geuder AG, IRIDEX Corporation, Ellex Medical Lasers, Erbe Elektromedizin, Design For Vision Inc., BVI Medical Inc., Allen Medical Systems, Abbott Laboratories, Medtronic plc, Mediland Enterprise Co., Merivaara Group, Wallach Surgical Devices Inc., Sunnex MedicaLights, Stars Medical Devices, Smith & Nephew plc, Inami & Co. Ltd., Novartis AG, Katradis Marine Ropes Ind. S.A., Tufropes Pvt. Ltd., Hoya Corporation

Sight Sciences Pioneers Innovation In Vitreoretinal Surgery With The Launch Of Sion Surgical Instrument
Product innovation is a key trend gaining popularity in the vitreoretinal surgery device market. Companies operating in the vitreoretinal surgery device market are working on new product innovations to sustain their position in the market. For instance, in August 2022, Sight Sciences, a US-based ophthalmology company, launched the SION Surgical Instrument, the first bladeless device used in goniotomy. This innovative device represents a new chapter in goniotomy innovation and practice with its signature bladeless design. The SIONTM Surgical Instrument is a sterile, single-use, manually operated device used in ophthalmic surgical procedures to excise trabecular meshwork.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/vitreoretinal-surgery-devices-global-market-report

Key Segments -
The vitreoretinal surgery devices market covered in this report is segmented -
1) By Product: Photocoagulation Lasers, Illumination Devices, Vitrectomy Machines, Vitrectomy Probes, Vitreoretinal Packs, Other Products
2) By Surgery: Anterior Vitreoretinal Surgery, Posterior Vitreoretinal Surgery
3) By Application: Diabetic Vitreous Hemorrhage, Retinal Detachment, Macular Hole, Other Applications
4) By End-Users: Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Other End-Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model"

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.