Vitreoretinal Surgery Devices Market Expansion Continues, with Forecast Valuation of $2.71 Billion by 2029

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Vitreoretinal Surgery Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size for vitreoretinal surgery devices has seen a steady expansion. The market is projected to rise from $2.05 billion in 2024 to $2.13 billion in 2025, implying a compound annual growth rate (CAGR) of 4.1%. Factors such as the growing number of retinal disorder cases, an aging demographic, innovations in surgical methods, an increase in diabetes patients, and a preference among patients for minimally invasive surgeries have contributed to this historical growth.

Vitreoretinal Surgery Devices Market Size Forecast: What's the Projected Valuation by 2029?
The market size for vitreoretinal surgery devices is predicted to experience robust growth in the immediate future. The projections show that it will attain a value of $2.71 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.1%. The forecasted growth in this period can be linked to ongoing growth in our aging population, a rising occurrence of retinal diseases, enhancements in surgical tools, an increasing diabetes outbreak, and expanded healthcare infrastructure. Key trends during this forecasted period include an emphasis on retinal imaging technologies, improvements in intraocular tamponades, innovations in laser systems, proposed customized and patient-centric strategies, and the incorporation of artificial intelligence.

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What Are the Drivers Transforming the Vitreoretinal Surgery Devices Market?
The surge in cases of eye ailments is anticipated to drive the growth of the vitreoretinal surgery device market. Eye ailments can be non-cancerous or cancerous disorders impacting the eye. Devices used in vitreoretinal surgery play a crucial role in treating eye-related diseases such as cataracts, macular degeneration, retinopathy related to diabetes, glaucoma, and detached retina. As per the data shared by the Centers for Disease Control and Prevention, a federal agency based in the United States, in December 2022, it is estimated that 12 million individuals aged 40 and above in the United States would suffer vision impairment, among which 1 million would be blind, 3 million would have vision correction, and 8 million would suffer due to uncorrected refractive errors. Consequently, the rising prevalence of eye disorders fuels the expansion of the vitreoretinal surgery device market.

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What Trends Will Shape the Vitreoretinal Surgery Devices Market Through 2029 and Beyond?
Forcing forward product innovation is a significant trend that's gaining momentum in the vitreoretinal surgery device market. To maintain their market standing, companies within the vitreoretinal surgery device sphere are driving their efforts towards fresh product advancements. Notably, Sight Sciences, an ophthalmology company based in the US, introduced the SION Surgical Instrument in August 2022. This groundbreaking device was the first of its kind to be implemented for goniotomy without using blades. With its unique bladeless feature, this novel device presents a trailblazing turn for goniotomy innovation and practices. The SION Surgical Instrument is a sterile, one-time use, hand-operated instrument utilized during ophthalmic surgery to remove trabecular meshwork.

Which Segments in the Vitreoretinal Surgery Devices Market Offer the Most Profit Potential?
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

Subsegments:
1) By Photocoagulation Lasers: Argon Lasers, Diode Lasers, Solid-State Lasers
2) By Illumination Devices: Fiber Optic Illumination Devices, LED Illumination Devices, Halogen Illumination Devices
3) By Vitrectomy Machines: 20-Gauge Vitrectomy Systems, 23-Gauge Vitrectomy Systems, 25-Gauge Vitrectomy Systems
4) By Vitrectomy Probes: Single-Use Vitrectomy Probes, Multi-Use Vitrectomy Probes
5) By Vitreoretinal Packs: Single-Use Vitreoretinal Packs, Multi-Use Vitreoretinal Packs
6) By Other Products: Surgical Instruments, Fluid Management Systems, Scleral Buckles

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Which Firms Dominate the Vitreoretinal Surgery Devices Market by Market Share and Revenue in 2025?
Major companies operating in the vitreoretinal surgery devices market include 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., Sunnex MedicaLights, Stars Medical Devices, Smith & Nephew plc, Inami & Co. Ltd., Novartis AG, Katradis Marine Ropes Ind. S.A., Tufropes Pvt. Ltd., Hoya Corporation

Which Regions Offer the Highest Growth Potential in the Vitreoretinal Surgery Devices Market?
North America was the largest region in the vitreoretinal surgery devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global vitreoretinal surgery devices market report during the forecast period. The regions covered in the vitreoretinal surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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