Global Retinal Surgery Devices Market To Grow At A 8.4% CAGR During 2016–2021

03-Jan-2020 | Zion Market Research

A new report is issued by Zion Market Research titled “Retinal Surgery Devices Market (Retinal Laser Equipment, Microscopic Illumination Equipment, Vitrectomy Packs, Vitrectomy Machines, Surgical Instruments and Others) for Epiretinal Membrane, Diabetic Retinopathy, Retinal Detachment, Macular Hole and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.” The global retinal surgery devices market, as per the report, was capitalized at about USD 1.4 Billion in 2015 and is anticipated to produce income of USD 2.1 Billion by end of 2021, expanding at about 8.4% CAGR from 2016 to 2021.

The human eye is among the human body’s most essential sensory organs. Any harm due to infection should be treated with greatest precaution and care. Several kinds of retinal surgery devices like vitrectomy packs, microscopic illumination equipment, surgical instruments, retinal laser equipment, vitrectomy machines, and others are utilized for treating the retinal diseases like macular hole, diabetic retinopathy, macula pucker, and others. The growth of the retinal surgery devices market can be attributed to the altering lifestyle and rise in a number of the aging population, which has led to surge retinal surgeries across the world.

Browse the full "Retinal Surgery Devices Market (Retinal Laser Equipment, Microscopic Illumination Equipment, Vitrectomy Packs, Vitrectomy Machines, Surgical Instruments and Others) for Epiretinal Membrane, Diabetic Retinopathy, Retinal Detachment, Macular Hole and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/retinal-surgery-devices-market

Global retinal surgery devices market is majorly propelled by a rise in elderly population around the world. Another key factor boosting the retinal surgery devices market growth is the rising life expectancy together with technological enhancements in the ophthalmic surgery field like LED virtual retina displays. Nevertheless, the high cost of retinal eye surgery devices is a key factor limiting the market expansion. However, the budding economies like China and India is anticipated to bring up new prospects for retinal surgery devices market in the coming period.

The retinal surgery devices market is bifurcated based on diverse products comprising retinal microscopic illumination equipment, laser equipment, surgical instruments, vitrectomy machines, vitrectomy packs, and others. Vitrectomy packs were the biggest segment of the retinal surgery devices market in 2015 and recorded highest stake of the entire market. Furthermore, it is anticipated to maintain its supremacy and be the rapidly developing segment of the market. Vitrectomy packs have led to time-saving after and during the retinal surgery course helping it to drive this segment’s expansion.

Based on application, the global retinal surgery devices market is divided into diabetic retinopathy, epiretinal membrane, macular hole, retinal detachment, and others. The market is dominated by the diabetic retinopathy application segment in terms of revenue. Based on region, the global retinal surgery devices market is bifurcated into Europe, North America, Latin America, the Middle East & Africa, and Asia-Pacific. North America is anticipated to govern the market over the forecast period. Further, Asia-Pacific witnessed the rise in demand for retinal surgery devices. Thus, Asia Pacific is anticipated to be the quickest developing region in the market for the years to come. Europe is also projected to have the modest growth rate during the forecast period for this market.

Some of the key players participating in the retinal surgery devices market comprise IRIDEX Corporation, Synergetics, Inc., Leica Microsystems, Lumenis, Optos plc., Topcon Corporation, Carl Zeiss Meditec AG, Alcon, Inc., Bausch + Lomb Incorporated, Dover NiDEK CO., Ltd., and ASICO, among others.

This report segments the global Retinal Surgery Devices market as follows:

Global Retinal Surgery Devices Market: Product Segment Analysis

  • Retinal Laser Equipment
  • Microscopic Illumination Equipment
  • Vitrectomy Packs
  • Vitrectomy Machines
  • Surgical Instruments
  • Others

Global Retinal Surgery Devices Market: Application Segment Analysis

  • Epiretinal Membrane
  • Diabetic Retinopathy
  • Retinal Detachment
  • Macular Hole
  • Others

Global Retinal Surgery Devices Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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