Ocular Surgery Devices Market By Device (Cataract surgery devices, Glaucoma surgery devices, Refractive surgery devices, Vitreoretinal surgery devices), By Usage Area (Hospitals, Clinics, Others), By Procedure (Cataract surgery, Glaucoma surgery, Vitrectomy surgery, Other ocular surgeries) - Growth, Future Prospects, And Competitive Analysis, 2017 - 2025

According to WHO, there are an estimated of 253 million cases of vision impairment worldwide and among them, almost 36 million people are blind. Major causes of these vision impairment include cataract, refractive errors, glaucoma etc. If these eye-related disorders, mainly cataract and refractive errors, are not corrected timely, can cause blindness. There is a decrease in the prevalence of vision impairment due to awareness of general population, socioeconomic development and increased availability of eye care services. However, the number of cases with vision impairment could triple due to population growth and aging. Ocular surgery, commonly known as eye surgery, is a surgical procedure to treat these vision impairments. Ocular surgery is performed on the eye or the areas adjoining the eyes. Ocular surgical procedures are operated to treat sharpness and clarity of the vision. Most of the market leaders are working on the development of current treatment methods. This development includes simplicity and pain-less conventional methods. Recently, new innovative techniques are introduced in the ocular surgery devices market.

The objective of this market research study titled ‘Ocular Surgery Devices Market - Growth, Future Prospects and Competitive Analysis, 2017-2025’ is to provide company executives, investors, industry participants and developers with in-depth analysis to allow them to take decisions and strategic initiatives regarding scenarios in the ocular surgery devices market. This analysis report explains major trends in global ocular surgery devices market and also provides estimation of market size for the year 2016 and forecast years (2017-2025).

This report studies the global ocular surgery devices market based on device types, procedures, end-users, and major geographical demarcation. Based on device type, the global ocular surgery devices market is categorized into glaucoma surgery devices, cataract surgery devices, refractive surgery devices, and vitreoretinal surgery devices. On the basis of procedures, the global ocular surgery devices market is segmented into cataract surgery, glaucoma surgery, vitrectomy surgery and other ocular surgeries. Other ocular surgeries consist of laser eye surgery, eye muscle surgery, corneal surgery and oculoplastic surgery. The usage end user considered for the purpose of this study are hospitals, clinics, and others. The respective sections on such market segments comprise market size and forecast based on the period 2015-2025 and their compounded annual growth rates for the forecast period 2017-2025.

Based on geography, the global ocular surgery devices market is segmented into region five major regions considering major markets. These geographical regions are North America including United States and Canada, Europe including United Kingdom, Germany, Rest of Europe, Asia Pacific comprising China, Japan, Rest of Asia Pacific, Latin America with demarcation for Brazil, Mexico, Rest of Latin America and Middle East and Africa consisting of GCC, Rest of Middle East and Africa. Base year considered for the study is 2016 and the global ocular surgery devices market is forecasted for the period of 2017-2025. CAGRs are calculated for the forecast period considering market drivers and restraints. The market size and forecast for these regional markets is further provided by device type, procedures and end-users.

This analysis report also contains qualitative factors including market dynamics (opportunities, drivers and restraints) to have a comprehensive understanding of the current and future trends in the global ocular surgery devices market. Tools for competition assessment such as Porter’s five forces model, value chain analysis, competitive landscape by key players and market attractiveness analysis are also provided in the study. Furthermore, key players that at present have a prominent position in the global ocular surgery devices market are presented in the study with their basic market profile. Major players in the global ocular surgery market that have been profiled in this study include A.R.C. Laser Gmbh, Accutome, Inc., Alcon, Inc., AqueSys, Inc., Bausch & Lomb, Inc., Carl Zeiss Meditech AG, Ellex Medical Lasers Ltd., Johnson & Johnson Vision Care Inc., Lumenis Ltd., Meridian AG, Ziemer Ophthalmic Systems AG.NIDEK Co., Ltd., Rhein Medical, Inc., and STAAR Surgical Company.

For the purpose of this study, ocular surgery devices market is studied for their procedure in following areas:

  • Cataract surgery
  • Glaucoma surgery
  • Vitrectomy surgery
  • Other ocular surgeries

Ocular Surgery Devices Market 

Based on type of procedure, global ocular surgery devices market is segmented into cataract surgery, glaucoma surgery, vitrectomy surgery and other ocular surgeries. Other ocular surgeries consist of laser eye surgery, eye muscle surgery, corneal surgery and oculoplastic surgery. According to the WHO, cataract is the major cause of blindness accounting for almost 51% cases of the blindness. Introduction of novel laser-assisted cataract surgery method has replaced the use of handmade incisions by surgeon, thereby decreasing the chances of post-operative complications such as posterior vitreous detachment (PVD). As the global prevalence of cataract is higher compared to other ophthalmic ailments, cataract surgery holds a major share in ocular surgery devices market. Cataract surgery segment is followed by glaucoma surgery due to high prevalence of the glaucoma in developing countries. According to the NCBI, in 2010, around 11.2 million people 40 years of age and above suffered from glaucoma, in India.  Other ocular surgeries include laser eye surgery, eye muscle surgery, corneal surgery and oculoplastic surgery. Eye muscle surgery, (extraocular or strabismus surgery), is performed over one million times a year in America, making it the third most prevalent eye surgery. Main goal of eye muscle surgery is correction of misalignment (crossed eyes). Among other ocular surgeries, eye muscle surgery leads the market.

As the population is rapidly aging, the incidence and prevalence of age-related disorders such as diabetes are bound to increase correspondingly, thus driving the growth in demand for ocular surgery devices. According to the International Diabetes Federation, in 2010, around 285 million people were affected by diabetes mellitus, which signifies a high risk of glaucoma and cataract among these people. Adoption of new technologies and increase in healthcare expenditure among different geographies are other driving factors for ocular surgery devices market.

Geographically, the ocular surgery devices market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Ocular Surgery Devices Market


At present North America leads the global ocular surgery devices market in terms of market value followed by Europe. Better regulations, presence of sophisticated healthcare system, evolved reimbursement scenario and high prevalence of cataract and glaucoma cases are the prime factors that favor the dominance of North America market on the global front. In United States, cataract and glaucoma collectively affect around 27.1 million patients and an estimated of 2.4 million eye injuries occur each year in the United States. Additionally, the prominence of European market is mainly contributed by higher prevalence of cataract and glaucoma cases; significant preference for novel ocular surgery devices and dominant trend of adopting advanced treatment options in the healthcare systems. It is also projected that Asia Pacific region will witness the fastest market growth during the forecast period. This growth is anticipated based on improved awareness about availability of novel devices, increasing preference of patients to avail treatments with higher outcomes, greater disposable incomes and rapidly increasing healthcare expenditure. According to the WHO, there are more than 2 million case of un-operated cataract cases in China only.

The detailed regional classification of the global ocular surgery devices market is as follows:

  • North America
    • North America Ocular Surgery Devices Market, by Method, 2015 - 2025  (US$ Mn)
    • North America Ocular Surgery Devices Market, by Wound type, 2015 – 2025  (US$ Mn)
    • North America Ocular Surgery Devices Market, by End-user, 2015 – 2025  (US$ Mn)
    • North America Ocular Surgery Devices Market, by Country, 2015 – 2025 (US$ Mn)
      • U.S.
      • Canada
  • Europe
    • Europe Ocular Surgery Devices Market, by Method, 2015 - 2025  (US$ Mn)
    • Europe Ocular Surgery Devices Market, by Wound type, 2015 – 2025  (US$ Mn)
    • Europe Ocular Surgery Devices Market, by End-user, 2015 – 2025  (US$ Mn)
    • Europe Ocular Surgery Devices Market, by Country, 2015 – 2025 (US$ Mn)
      • U.K.
      • Germany
      • Rest of Europe
  • Asia Pacific
    • Asia Pacific Ocular Surgery Devices Market, by Method, 2015 - 2025  (US$ Mn)
    • Asia Pacific Ocular Surgery Devices Market, by Wound type, 2015 – 2025  (US$ Mn)
    • Asia Pacific Ocular Surgery Devices Market, by End-user, 2015 – 2025  (US$ Mn)
    • Asia Pacific Ocular Surgery Devices Market, by Country, 2015 – 2025 (US$ Mn)
      • China
      • Japan
      • Rest of Asia Pacific
  • Latin America
    • Latin America Ocular Surgery Devices Market, by Method, 2015 - 2025  (US$ Mn)
    • Latin America Ocular Surgery Devices Market, by Wound type, 2015 – 2025  (US$ Mn)
    • Latin America Ocular Surgery Devices Market, by End-user, 2015 – 2025  (US$ Mn)
    • Latin America Ocular Surgery Devices Market, by Country, 2015 – 2025 (US$ Mn)
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa (GCC and Rest of Middle East and Africa)
    • Middle East and Africa Ocular Surgery Devices Market, by Method, 2015 - 2025  (US$ Mn)
    • Middle East and Africa Ocular Surgery Devices Market, by Wound type, 2015 – 2025  (US$ Mn)
    • Middle East and Africa Ocular Surgery Devices Market, by End-user, 2015 – 2025  (US$ Mn)
    • Middle East and Africa Ocular Surgery Devices Market, by Country, 2015 – 2025 (US$ Mn)
      • GCC
      • Rest of Middle East and Africa
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Published Date:  Nov 2017
Category:  Medical Devices
Report ID:   58811
Report Format:   PDF
Pages:   120
Rating:    4.2 (50)
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