Glaucoma and cataract is a small device that is surgically inserted into the eye that increases the outflow of intraocular fluid and lowers the eye pressure. A cataract is an eye-related disease where the clouding of an eye lens is observed, and that leads to loss of vision. Glaucoma is caused by the damage to the optic nerve and it is commonly observed in geriatric population. The most commonly occurring type of glaucoma is the open-angle glaucoma.
MARKET DYNAMICS
Glaucoma and cataract surgery devices market are anticipated to grow in the market by the advancement of new technologies. In addition, the rise in the focus of manufacturers on developing micro-invasive glaucoma drainage implants is driving the growth of the market. However, lack of reimbursement for the use of glaucoma and cataract surgical devices and high cost provoked for cataract surgeries, especially in developing countries, hinder the market growth. Moreover, initiatives are taken by the government and many nonprofit organizations to generate awareness among individuals regarding the benefits of cataract surgeries, awareness regarding eye disorders, and availability of advanced devices, create opportunities in the market.
MARKET SCOPE
The "Glaucoma and Cataract Surgery Devices Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of in glaucoma and cataract surgery devices market with detailed market segmentation by product type, surgery type, end user and geography. The glaucoma and cataract surgery devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in glaucoma and cataract surgery devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The glaucoma and cataract surgery devices market is segmented on the basis of product type, surgery type and by end user. Based on product type the market is segmented as glaucoma surgery device, implant & stent, glaucoma drainage, glaucoma laser device, cataract surgery device, intraocular lens, ophthalmic viscoelastic device and phacoemulsification system. On the basis of surgery type the market is categorized as glaucoma surgery, conventional glaucoma surgery, minimally invasive glaucoma surgery, cataract surgery, phacoemulsification, extracapsular cataract extraction (ECCE) surgery, femtosecond laser surgery and others. On the basis of end user the market is categorized as hospitals, ophthalmology clinic and outpatient surgery center.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in glaucoma and cataract surgery devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The glaucoma and cataract surgery devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting glaucoma and cataract surgery devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the glaucoma and cataract surgery devices market in these regions.
MARKET PLAYERS
The report covers key developments in the in glaucoma and cataract surgery devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from in glaucoma and cataract surgery devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for in glaucoma and cataract surgery devices market in the global market. Below mentioned is the list of few companies engaged in the glaucoma and cataract surgery devices market.
The report also includes the profiles of key in glaucoma and cataract surgery devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Alcon Inc
- Allergan plc
- Bausch & Lomb Inc
- Carl Zeiss Meditec AG
- Essilor International S.A.
- HAAG-Streit Holding AG
- Johnson & Johnson
- Lumenis Ltd.
- New World Medical, Inc.
- Topcon Corporation
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