Market Overview –
For 2019 and 2020, analysts predict a robust CAGR for the global retinal surgery devices market. The care and treatment of retinal illnesses such diabetic retinopathy, macular hole, and macula pucker requires a wide variety of applications, and here is where retinal surgery equipment comes in. The primary cause of adult blindness in the United States is diabetic retinopathy, the most frequent diabetic eye disease. Retinal blood vessel alterations are the root cause of this condition.
Retinal surgical instruments are essential for the management of diabetic retinopathy. The many retinal illnesses now have effective treatment platforms thanks to technological developments in this area. The development of less intrusive surgical tools is one example.
Equipment, applications, and geography are the three primary ways in which the global retinal surgery market is broken down. The market for retinal surgery devices can be broken down into six different submarkets base on the different types of equipment use: vitrectomy machines, vitrectomy packs, retinal laser equipment, microscopic illumination equipment, surgical instruments, and others. Market opportunities for retinal surgery include treatment for conditions such diabetic retinopathy, retinal detachment, epiretinal membrane, and macular hole.
Impact of COVID -19 –
The COVID-19 pandemic is a major test for the entire world. About 596,2 million people around the world have contracts the disease. According to recent data compile by Worldometers, the global death toll has reaches 6,456,879 people (as of August 16, 2022).
Market Scope and Market Size –
The expansion of these submarkets will aid in the analysis of slow-growing industry subsectors, and will give end-users a better grasp of the market as a whole and better insight into specific market opportunities.
The market for retinal surgery devices is broken down by product type into vitrectomy machines, vitrectomy packs, retinal laser equipment, microscopic illumination devices, surgical instruments, and others. Photocoagulation devices, photo disruption devices, and SLT are the subsets of retinal laser equipment.
Diabetic retinopathy, retinal detachment, epiretinal membrane, macular hole, and others are the differentiating factors in the retinal surgery devices industry.
The global market for retinal surgery devices is segmented by end user into hospitals, eye clinics, and others.
Recent Developments –
The new Hydrus Microstent, use in minimally invasive glaucoma surgery (MIGS), was develop and manufacture by Ivantis, which Alcon acquire in January 2022.
Surgical tool makers Kogent Surgical, LLC and Katalyst Surgical, LLC were acquire by Carl Zeiss Meditec in April 2022, solidifying the company’s position as a solution supplier.
Bausch + Lomb announce in April 2021 that their ClearVisc dispersive ophthalmic viscosurgical device (OVD) had been authorize by the FDA for use in ocular surgery.
Customization Available –
Analysis of the markets of one’s main rivals can be done in a number of ways, from a strictly technological perspective to one focuses on the development of market portfolio strategies. We can include as many rivals as you need information on, in the structure and type of data you want.
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Competitive Landscape –
Information is broken down by company in a competitive landscape study of retinal surgery devices. The report includes a firm overview, financials, revenue generate, market potential, R&D investment, new market initiatives, global presence, production sites and facilities, production capacity, strengths and weaknesses, product introduction, product breadth and application domination.
Key Players –
Bausch & Lomb
Carl Zeiss Meditec
Ellex Medical Lasers
By Type –
Retinal Laser Equipment
By Applications –
By Regions –
Middle East and Africa
Rest of The World