The global eye care surgical device market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period (2021-2027). The market growth is mainly driven by the growing pervasiveness of ophthalmic diseases, the rising geriatric population, and technology advancement among others. Ophthalmic diseases are problems that are caused at the back of the eye which is related to the nerve layer also known as a retinal disorder. Ophthalmic diseases occur in various types that include glaucoma, diabetic retinopathy, low vision, retinitis pigmentosa among others. Around 2.2 billion people across the globe suffer from eye conditions, visual impairment according to World Health Organisation (WHO). Ophthalmic diseases can be treated through various surgery performed by specialists such as cataract surgery, glaucoma surgery, and refractive surgery among others.
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Additionally, other factor that includes changing lifestyle that lacks nutrition along with strategic new launches is also augmenting the growth and development of the market. For Instance, In September 2020, CATALYS™ System cOS 6.0 software was introduced by Johnson & Johnson Vision for surgeons using a laser system.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Type
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Alcon Vision LLC, Allergan PLC, Boston Scientific Corp. Bausch & Lomb Inc., CooperVision, Johnson & Johnson Vision Inc.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Eye Care Surgical Device Market Segment
By Type
- Cataract Surgery Device
- Glaucoma Surgery Device
- Diabetic Retinopathy Device
- Refractive Surgery Device
- Vitreo-Retinal Surgery Device
By End-User
- Diagnostic Centres
- Hospitals
- Eye Care Clinics
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