Phacoemulsification is a method used to remove cataractous lenses. During phacoemulsification, the cataract is broken down into small pieces and removed from the eye using ultrasound-based special phaco equipment. It involves producing a small incision at the edge of the cornea to create an opening in the surrounding lens membrane. A probe is then inserted, which breaks up the affected lens into tiny fragments, which are then sucked out. Once the lens particles are removed, an intraocular lens implant (IOL) is implanted into the lens capsule. Technical advancements in the phacoemulsification technique, which have improved its efficiency and safety, have led to a dramatic increase in its popularity.
MARKET DYNAMICS
The phacoemulsification devices market is owing to a rise in the incidence of cataracts, high awareness among people about treatment options, and an increase in the geriatric population. Moreover, rise in health education initiatives about eye diseases in emerging countries prompt individuals to seek early treatment and prevent visual impairment is boosting the growth of the market in the forecast period.
MARKET SCOPE
The "Phacoemulsification Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of phacoemulsification devices market with detailed market segmentation by product and application. The phacoemulsification devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in phacoemulsification devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The phacoemulsification devices market is segmented on the basis of product and application. Based on product the market is segmented as phacoemulsification consumables and phacoemulsification systems. On the basis of application, the market is categorized as hospitals, clinics, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the phacoemulsification 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 phacoemulsification 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 phacoemulsification 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 phacoemulsification devices market in these regions.
MARKET PLAYERS
The report covers key developments in the phacoemulsification 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 phacoemulsification devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for phacoemulsification devices in the global market. Below mentioned is the list of few companies engaged in the phacoemulsification devices market.
The report also includes the profiles of key players in phacoemulsification devices market 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
- Bausch & Lomb Incorporated
- Carl Zeiss Meditec AG
- Johnson & Johnson Surgical Vision, Inc.
- Medical Technical Products
- NIDEK
- Novartis
- Oertli Instrumente AG
- OPTIKON
- PhysIOL
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