Global Retinal Surgery Devices Market: Segmental Highlights and Table of Content (2014 – 2020)

Global Retinal Surgery Devices Market: Growing Preference for Minimally Invasive Surgical Instruments Promises Magnified Growth, says TMR

As per the statistical analysis of TMR, a revenue valuation of around US$2.01 bn has been anticipated to be obtained by the global retinal surgery devices market in 2020. Despite holding a king’s share for retinal surgery devices in the recent past, vitrectomy packs could showcase a faster growth during the course of the forecast period. According to regional analysis, North America could take the driver’s seat while operating at a higher share for retinal surgery devices.

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The global Retinal Surgery Devices Market is segmented on the basis of product type,geography.

The aging populace is also more prone to chronic diseases such as diabetes, which leads to diabetic retinopathy in an overwhelming majority of diabetic patients. Surgeries to counteract the various effects of diabetic retinopathy are leading to an increased demand for retinal surgery devices. The application segment of retinal detachment is also rising in incidence around the world. The geriatric population is also a factor in the growth of this segment, since complications in cataract surgeries, which the geriatric demographic is more likely to need, can lead to retinal detachment. The demand for retinal surgery devices in retinal detachment surgeries is expected to grow at the highest CAGR of all applications of retinal surgery devices during the forecast period.

Vitrectomy packs led demand for retinal surgery devices, accounting for the largest share of the market by product type in 2013. The reduced duration of retinal surgeries and recuperation thereafter are the main causes driving demand for vitrectomy packs.

North America led the geographical segmentation of the global market for retinal surgery devices, thanks largely to the highly developed healthcare infrastructure in countries such as the U.S. and Canada. Technological innovation in retinal surgery devices is also at the cutting edge in North America, which has helped increase the reliability of the devices. However, Asia Pacific stands to grow at the fastest CAGR during the forecast period.

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Summary of Table of Content

1. Introduction
2. Executive Summary
3. Global Retinal Surgery Devices Market Overview
4. Global Retinal Surgery Devices Market, by Equipment
5. Global Retinal Surgery Devices Market, by Application
6. Global Retinal Surgery Devices Market, by Geography
7. Recommendations
8. Company Profiles

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This release was published on openPR.