Press release
Vitreous Tamponades Market Forecast to Reach $105.2 Million by 2033
Global Vitreous Tamponades Market (硝子体タンポナーデ市場) are expected to reach US$ 105.2 million by the end of 2033, according to a new industry report by market research and competitive intelligence source Fact.MR. The market is estimated to be worth US$ 78.3 million in 2023. As postoperative devices, vitreous tamponades are used in retinal detachment vitrectomy procedures. Retinal detachment, macular hole, epiretinal membrane, retinitis pigmentosa, diabetic retinopathy, retinal degeneration, macular edoema, uveitis, vascular occlusion, and retinopathy of prematurity are among the disorders that are commonly treated using vitreous tamponades. Retinal, vitreous, and macula issues are treated with surgery known as vitreoretinal surgery. During vitreoretinal surgeries, surgeons use a range of assistance because the eye is a very delicate organ and precision is necessary for eye surgery.Download a Free Sample Copy of this Report
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Over the projection period, an increase in vitreoretinal procedures is anticipated to drive demand for vitreous tamponades. Senior patients are more likely to undergo vitreoretinal operations. The demand for vitreoretinal surgeries is anticipated to rise as the world's ageing population increases, which is directly anticipated to drive the sales of vitreous tamponades over the projected period.
Manufacturers of vitreous tamponades could benefit greatly from the rising prevalence of vision disorders. Furthermore, throughout the projection period, it is anticipated that recent technological improvements such as automation and convenience of use of vitreoretinal surgery technologies would enhance the acceptance of vitreous tamponades and raise their sales.
North America, followed by Europe, are expected to dominate the global vitreous tamponades market over the decade.
Key Takeaways from Market Study
Global demand for vitreous tamponades is expected to increase at a CAGR of 3% from 2023-2033.
China's market for vitreous tamponades is predicted to expand at a CAGR of 3% during the projected period.
Sales of glass tamponades are expected to rise at a CAGR of 3% during the forecast period.
Demand for liquid tamponades is predicted to expand at a CAGR of 3% during the next 10 years.
"Rising cases of diabetic retinopathy worldwide is boosting the demand for vitreous tamponades," says a Fact.MR analyst.
Key Segments of Vitreous Tamponades Industry Research:
By Product :
Gaseous Tamponades
Liquid Tamponades
Silicone Oil
Perfluorocarbon Liquid
By End User :
Hospitals
Ophthalmology Clinics
Others
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
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Winning Strategy:
Top market players are highly investing in R&D for the advancements of vitreous tamponades. The leading companies are also focusing on new product launches, collaborations, partnerships, and more to increase their revenue shares.
BVI introduced CryoTreq in Europe in April 2020. This handheld cryosurgery tool is intended to be used just once to treat retinal tears and detachments. For retinal tears and detachments, CryoTreq is a minimally-invasive ab externo treatment that provides a substitute for laser photocoagulation, particularly for lesions closer to the forefront of the eye.
Competitive Landscape:
The market is expanding at a very steady pace and to generate more revenue top players are concentrating on developing advanced tamponades, for which they are investing in R&D. Some of the tactics utilized by market participants are new product launches, partnerships, collaborations, and more.
For instance, Alcon, Inc. purchased Tear Film Innovations, Inc., a privately held business in 2018 produced the iLux Device, a therapy device used to cure Meibomian Gland Dysfunction, a major cause of dry eye.
Kogent Surgical, LLC and Katalyst Surgical, LLC, two producers of surgical tools, were acquired by Carl Zeiss Meditec in April 2022 to improve its position in the market.
Key Companies Profiled
AL.CHI.MI.A. Srl
Carl Zeiss Meditec AG
Dutch Ophthalmic Research Center International BV (D.O.R.C.)
Fluron GmbH
Novartis AG
Valeant Pharmaceuticals International, Inc.
Browse Full Report @ https://www.factmr.com/report/vitreous-tamponades-market
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global vitreous tamponades market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.
The study divulges essential insights on the market on the basis of product (gaseous tamponades, liquid tamponades) and end user (hospitals, ophthalmology clinics), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
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