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Rising Chronic Eye Disorders Propel Growth Of Ophthalmic Handheld Surgical Instruments Market: An Emerging Driver Transforming The Ophthalmic Handheld Surgical Instruments Market Landscape
The Ophthalmic Handheld Surgical Instruments Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Ophthalmic Handheld Surgical Instruments Market?
The ophthalmic handheld surgical instruments market has seen considerable growth in recent years. It is expected to rise from $2.44 billion in 2024 to $2.59 billion in 2025, at a CAGR of 6.1%. The growth is attributed to the rising prevalence of ophthalmic diseases, advancements in surgical techniques, demand for minimally invasive procedures, an aging population, and expansion in emerging markets.
The ophthalmic handheld surgical instruments market is anticipated to grow steadily in the next few years. It is projected to reach $3.24 billion in 2029, with a CAGR of 5.7%. This growth is driven by advances in microsurgical techniques, rising demand for minimally invasive procedures, an aging population, expanding healthcare infrastructure, and the focus on precision in surgical interventions. Trends include advanced microsurgical tools, disposable instruments, robotic-assisted surgery, customizable instrument sets, and the growth of telemedicine solutions.
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What Are the Different Ophthalmic Handheld Surgical Instruments Market Segments?
The ophthalmic handheld surgical instruments market covered in this report is segmented -
1) By Product: Ophthalmic Knives, Forceps, Scissor, Chopper, Rapid Immunotherapies, Other Products
2) By Application: Cataract, Refractive, Glaucoma, Vitreoretinal, Diabetic Retinopathy, Other Applications
3) By End-User: Hospital, Ophthalmic Clinic, Other End Users
Subsegments:
1) By Ophthalmic Knives: Cataract Knives, Keratome Blades, Scleral Incision Knives
2) By Forceps: Micro Forceps, Capsulorhexis Forceps, Tying Forceps
3) By Scissors: Suture Scissors, Iris Scissors, Dissecting Scissors
4) By Chopper: Cataract Chopper, Vitreoretinal Chopper
5) By Rapid Immunotherapies: Immunotherapy Delivery Devices, Biologic Therapy Instruments
6) By Other Products: Retinal Surgical Instruments, Vitrectomy Instruments, Lens Extraction Devices
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What Are the Primary Drivers Shaping the Ophthalmic Handheld Surgical Instruments Market?
The increasing prevalence of chronic eye disorders is expected to propel the growth of the ophthalmic handheld surgical instruments market. Chronic eye conditions, which require ongoing treatment, are rising due to aging populations and lifestyle factors. Handheld surgical instruments are critical for diagnosing and treating a range of eye disorders, enabling precise and effective interventions. For example, the CDC noted in January 2024 that over 3.4 million Americans aged 40 and older were blind or visually impaired, a number expected to double by 2030. Consequently, the growing prevalence of chronic eye disorders is driving the ophthalmic handheld surgical instruments market.
Which Companies Are Leading in the Ophthalmic Handheld Surgical Instruments Market?
Major companies operating in the ophthalmic handheld surgical instruments market are Novartis AG, Thompson Surgical Instruments Inc., Bausch + Lomb Incorporated, Carl Zeiss Meditec AG, Topcon Corporation, Metall Zug AG, Lumenis Ltd., BVI Medical, Keeler, Katalyst Surgical, Moria S.A., MicroSurgical Technology Inc., Oertli Instrumente AG, Duckworth & Kent Limited, Surgistar Inc., Nova Eye Medical Ltd., Accutome Inc., Takagi Ophthalmic Instruments Europe Ltd., Rumex International Co., Altomed Limited, Katena Products Inc., Mastel Precision Surgical Instruments LLC, Pelion Surgical LLC, Stephens Instruments, Insight Instruments Inc.
What Trends Are Expected to Dominate the Ophthalmic Handheld Surgical Instruments Market in the Next 5 Years?
Companies in the ophthalmic handheld surgical instruments market are designing advanced tools for accurate diagnostics. Brill Engines introduced the corneal esthesiometer brill (CEB) in July 2023, the first handheld device to measure corneal sensitivity. It is user-friendly and enables effective assessment of ocular and neurological health conditions.
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What Are the Top Revenue-Generating Geographies in the Ophthalmic Handheld Surgical Instruments Market?
North America was the largest region in the ophthalmic handheld surgical instruments market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ophthalmic handheld surgical instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Ophthalmic Handheld Surgical Instruments Market?
2. What is the CAGR expected in the Ophthalmic Handheld Surgical Instruments Market?
3. What Are the Key Innovations Transforming the Ophthalmic Handheld Surgical Instruments Industry?
4. Which Region Is Leading the Ophthalmic Handheld Surgical Instruments Market?
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