Cataract Surgery Device Market Size, Share, Analysis Report

Cataract Surgery Device Market By Product (Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment, Femtosecond Laser Equipment); By Application (Ophthalmology Centers, Hospitals, Clinics) and by Regional Analysis - Global Forecast by

The Cataract Surgery Device Market is expected to around US$ 10 Billion by 2028 at a CAGR of 3.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Alcon
  • Abbott Laboratories
  • Carl Zeiss Meditech
  • Essilor International
  • Opcon Corporation
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    4

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Cataract surgery devices are utilized amid the surgeries to treat Cataract, which is an eye issue that causes blurring of the focal point prompting, absconds in vision. Cataract is a standout amongst the most across the board sickness causing visual deficiency and it diminishes ision capacity. Cataract is regularly experienced to grow gradually and influence it is possible that one or both the eyes. In spite of the fact that Cataract does not interfere with the vision in the beginning times, it interferes with vision and may lead to blindness over the course of time. The symptoms of cataract include trouble with bright lights, blurry vision, faded colours, and trouble seeing in the night.

    How Big is The Cataract Surgery Device Market?

    The Cataract Surgery Device Market is expected to be around US$ 10 Billion by 2028 at a CAGR of 3.5% in the given forecast period.

    The major driving factors of Cataract Surgery Device Market are as follows:

    • Growing geriatric population worldwide
    • Increasing prevalence of cataract and rise in geriatric population
    • Growth in technological advancement in healthcare sector globally

    The major restraining factors of Cataract Surgery Device Market are as follows:

    • Lack of skilled professionals
    • Insufficient insurance coverage
    • Lack of awareness about eye disorders and improper healthcare infrastructure

    The major opportunities of Cataract Surgery Device Market are as follows:

    • Increasing medical tourism for low cost cataract surgery
    • Governments introduce programs to reduce the burden of cataract-related diseases

    The Cataract Surgery Device Market has been segmented as below:

    By Product:

    • Intraocular lens (IOL)
    • Ophthalmic Viscoelastic Device (OVD)
    • Phacoemulsification Equipment
    • Femtosecond Laser Equipment

    By Application:

    • Ophthalmology Centers
    • Hospitals
    • Clinics

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

    The Cataract Surgery Device Market is segmented on the lines of its technology, component, vehicle type and regional. On the basis of product segmentation, it includes Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment and Femtosecond Laser Equipment. Based on application classification it covers Ophthalmology Centres, Hospitals and Clinics. The Cataract Surgery Device Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for Cataract Surgery Device Market and related technologies.
    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Cataract Surgery Device Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    Report Scope:

    The scope of the report includes a detailed study of Cataract Surgery Device Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Alcon, Abbott Laboratories, Carl Zeiss Meditech, Essilor International, Opcon Corporation, Allergan, Bausch & Lomb and STAAR Surgical Company. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    Reasons to Buy this Report:

    1. Obtain the most up to date information available on all Cataract Surgery Device Market.
    2. Identify growth segments and opportunities in the industry.
    3. Facilitate decision making on the basis of strong historic and forecast of Cataract Surgery Device Market.
    4. Assess your competitor’s refining portfolio and its evolution.

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    1.    Introduction
        1.1    Report Description
        1.2    Markets Covered
        1.3    Stakeholders

    2.    Research Methodology
        2.1    Research Data
        2.2    Market Size Estimation and Data Triangulation
        2.3    Research Assumptions

    3.    Report Summary

    4.    Market Overview
        4.1    Introduction
        4.2    Drivers
        4.3    Restrains
        4.4    Industry Trends
        4.5    Porter’s Five Forces Analysis

    5.    Cataract Surgery Device Market Analysis, By Product
        5.1    Intraocular lens (IOL)
        5.2    Ophthalmic Viscoelastic Device (OVD)
        5.3    Phacoemulsification Equipment
        5.4    Femtosecond Laser Equipment

    6.    Cataract Surgery Device Market Analysis, By Application
        6.1    Ophthalmology Centers
        6.2    Hospitals
        6.3    Clinics

    7.    Cataract Surgery Device Market Analysis, By Region
        7.1    North America
        7.2    Europe
        7.3    Asia-Pacific
        7.4    Rest of the World

    8.    Competitive Overview
        8.1    Introduction
        8.2    New Product Launches
        8.3    Acquisitions
        8.4    Agreements, Partnerships, And Collaborations
        8.5    Expansions

    9.    Company Profiles
        9.1    Alcon
        9.2    Abbott Laboratories
        9.3    Carl Zeiss Meditech
        9.4    Essilor International
        9.5    Opcon Corporation
        9.6    Allergan
        9.7    Bausch & Lomb
        9.8    STAAR Surgical Company

    The Cataract Surgery Device Market has been segmented as below:

    By Product:

    • Intraocular lens (IOL)
    • Ophthalmic Viscoelastic Device (OVD)
    • Phacoemulsification Equipment
    • Femtosecond Laser Equipment

    By Application:

    • Ophthalmology Centers
    • Hospitals
    • Clinics

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 3.5% during the study period (2023-2028)
    The Cataract Surgery Device Market is expected to around US$ 10 Billion by 2028.
    The segment included in Cataract Surgery Device Market is Product, Application and region.
    Some key players operating in the Cataract Surgery Device Market include Alcon, Abbott Laboratories, Carl Zeiss Meditech, Essilor International, Opcon Corporation, Allergan, Bausch & Lomb
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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