Global Industry Analysis of Intraocular Irrigation Solutions Market - Size, Share, Growth, Trends, and Forecast 2017 - 2025

19 Feb 2018
"Intraocular Irrigation Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect.
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Report Description-
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Intraocular ophthalmic irrigation maintains the natural anatomic and physiologic integrity of eye. Intraocular ophthalmic irrigation finds applications in ophthalmic surgical procedures of the eye as well as to relieve symptoms of eye injury caused by chemicals or allergens. Intraocular irrigation solutions are formulated with chemical composition similar to secretions of the eye to achieve physiological pH of the eye to minimize eye discomfort. These are the first choice of treatment for exposure to irritant chemicals or removal of foreign particles from the eye. Acids and alkalis exposure results in severe eye damage and requires immediate medical intervention. Chemical injuries to the eye can result in temporary or permanent visual impairment. Early treatment can reduce the complications and prevent blindness. Chemical injuries to eye are generally caused at workplace, home, or as a result of criminal attacks. Occupational exposure to the chemicals is a leading cause of eye damage. Out of the total ocular trauma cases, about 20% are caused due to chemical injury.
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Increasing industrialization, growing chemical, pharma, biotech, and agricultural industries; and increasing number of employees working in these industries are driving the intraocular irrigation solutions market. According to NCBI, industrial accidents account for 61% of ocular chemical burns. Young children also become victims of accidental exposure to household chemicals. Apart from this, increasing cases of ophthalmic surgeries performed with the help of local anesthesia given in the form of intraocular irrigation solutions is expected to boost the growth of the intraocular irrigation solutions market during the forecast period.
The global intraocular irrigation solutions market can be segmented based on product type, application, end-user, and region. Based on product type, the market can be categorized into normal saline solutions, normal saline with sicarbonate, lactated Ringer’s solution, Hartmann's lactated Ringer's solution, balanced salt irrigation solution (BSS), and fortified balanced salt irrigation solution (BSS Plus), and medicated irrigation solutions. Normal saline solutions are highly used due to cost effectiveness and easy availability. However, studies show that these are less tolerated due to lower pH values i.e., ranging from 4.5 to 7, resulting in eye discomfort. Combination products of normal saline with sodium bicarbonate have reduced these irritations by increasing the pH values and are now trending in the global intraocular irrigation solutions market. Lactated Ringer’s solution is close to the physiologic pH of the eye i.e., 6.0 to 7.2, causing less discomfort. Medicated intraocular irrigation solutions include delivery of anesthetic drugs such as lidocaine given in the form of irrigation solution, intraocular administration of adrenaline to maintain mydriasis during cataract surgery, inclusion of muscarinic agonists, carbonic anhydrase inhibitors, angiostatic steroids, and prostaglandins as classes of drugs that control intraocular pressure, and others. In terms of application, the global intraocular irrigation solutions market can be bifurcated into chemical injury and ophthalmic surgeries. In terms of application, the market can be segmented into cataract surgery, corneal transplant surgery, vitreoretinal surgery, and trabeculectomy surgery for glaucoma. In terms of end-user, the market can be segmented into hospitals, emergency care centers, ambulatory care centers, ophthalmic clinics, first aid facilities of industries, and emergency departments, and home care settings.
Geographically, the global intraocular irrigation solutions market can be segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Among these, North America is leading the market for intraocular irrigation solutions owing to presence of key players and rising incidence of ophthalmic surgeries in this region. According to Prevent Blindness American, 17% of the population of the U.S. above 40 years is affected by cataract. Europe is the next largest market for intraocular irrigation solutions due to rising incidence of occupational chemical exposure owing to the presence of pharma, biotech, and agriculture industries. The market in Asia Pacific is expected to grow during the forecast period due increased industrialization and development of health care infrastructure supporting ophthalmic surgeries.
Key players operating in the global intraocular irrigation solution market are Novartis AG, Regulatory Pharma Net s.r.l., Bausch + Lomb UK Limited, ALBOMED GmbH, Omeros Corporation, Carl Zeiss, Meditec AG, Omni Lens Pvt. Ltd., Heil Pharma, Cytosol Ophthalmics, and PREVOR, among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
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