PUNE, India, Oct. 16, 2023 /PRNewswire/ -- Infinium Global Research, a leading market research firm, has recently unveiled an extensive report on the Ophthalmic Surgical Technologies Market, providing a comprehensive analysis of market segments and sub-segments both globally and regionally. The report delves into the impacts of drivers, restraints, and macro indicators on the ophthalmic surgical technologies market in the short and long term.
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Ophthalmic surgery involves a range of surgical procedures performed by ophthalmologists on the eye and its associated structures. Common eye ailments include cataracts, glaucoma, macular degeneration, strabismus, uveitis, and eye tumors. Various advanced technologies, including femtosecond systems, excimer laser systems, phacoemulsification systems, and YAG laser systems, are employed in ophthalmic surgery. Femtosecond laser technology, in particular, is widely utilized for LASIK procedures to correct myopia (near-sightedness) and in cataract treatment.
Key Findings:
- Impressive Growth Projection: In 2022, the global ophthalmic surgical technologies market was valued at USD 1543.76 million. The report predicts it will rise to USD 2487.63 million by 2030, driven by a notable Compound Annual Growth Rate (CAGR) of 5.25% during the forecast period of 2023-2030.
- Drivers of Market Growth: The growth of the ophthalmic surgical technologies market is fuelled by the increasing prevalence of eye disorders and the expanding global elderly population. Notably, femtosecond laser-assisted cataract surgery has gained significant traction, as cataract surgery is one of the most commonly performed surgical procedures globally. The World Health Organization predicts a near doubling of the global population over 60 years old, from 12% to 22%, between 2015 and 2050. Rising awareness of minimally invasive surgical techniques and increased government funding for healthcare infrastructure are further bolstering the market. However, the high costs associated with ophthalmic surgery instruments and a shortage of skilled professionals may present challenges. Market leaders should focus on exploring new technologies and innovations in the field of ophthalmic surgery to overcome these obstacles.
- Regional Dominance: North America is expected to lead the ophthalmic surgical technologies market during the forecast period, driven by the presence of key players and a rising prevalence of eye diseases in the United States and Canada. Asia-Pacific and Europe are also poised for significant growth, fuelled by increased research and development spending and ongoing advancements in the healthcare sector within these regions.
- Segment Analysis: The report offers a comprehensive breakdown of the ophthalmic surgical technologies market by product type and surgery type. Sub-markets include excimer laser systems, femtosecond systems, YAG laser systems, and phacoemulsification systems, along with surgery types such as retinal surgery, cataract surgery, and glaucoma surgery.
- Key Players: The report includes profiles of companies in the market, including Nidek Co., Ltd., Topcon Corporation, Johnson & Johnson Services, Inc., Glaukos Corporation, Alcon, STAAR SURGICAL, AbbVie Inc., Lumenis Be Ltd., Carl Zeiss Meditec AG, and Santen Pharmaceutical Co., Ltd.
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Table of Contents
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Ophthalmic Surgical Technologies Market Highlights
2.2. Ophthalmic Surgical Technologies Market Projection
2.3. Ophthalmic Surgical Technologies Market Regional Highlights
Chapter 3. Global Ophthalmic Surgical Technologies Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Product Type
3.4.2. IGR-Growth Matrix Analysis by Surgery Type
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Ophthalmic Surgical Technologies Market
Chapter 4. Ophthalmic Surgical Technologies Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Ophthalmic Surgical Technologies Market
5.2. Companies Profiles
5.2.1. Nidek Co., Ltd.
5.2.2. Topcon Corporation
5.2.3. Johnson & Johnson Services, Inc.
5.2.4. Glaukos Corporation
5.2.5. Alcon
5.2.6. STAAR SURGICAL
5.2.7. AbbVie Inc.
5.2.8. Lumenis Be Ltd.
5.2.9. Carl Zeiss Meditec AG
5.2.10. Santen Pharmaceutical Co., Ltd.
Chapter 6. Global Ophthalmic Surgical Technologies Market by Product Type
6.1. Excimer Laser Systems
6.2. Femtosecond Systems
6.3. YAG Laser Systems
6.4. Phacoemulsification Systems
Chapter 7. Global Ophthalmic Surgical Technologies Market by Surgery Type
7.1. Retinal Surgery
7.2. Cataract Surgery
7.3. Glaucoma Surgery
Chapter 8. Global Ophthalmic Surgical Technologies Market by Region 2023-2030
8.1. North America
8.1.1. North America Ophthalmic Surgical Technologies Market by Product Type
8.1.2. North America Ophthalmic Surgical Technologies Market by Surgery Type
8.1.3. North America Ophthalmic Surgical Technologies Market by Country
8.1.3.1. The U.S. Ophthalmic Surgical Technologies Market
8.1.3.1.1. The U.S. Ophthalmic Surgical Technologies Market by Product Type
8.1.3.1.2. The U.S. Ophthalmic Surgical Technologies Market by Surgery Type
8.1.3.2. Canada Ophthalmic Surgical Technologies Market
8.1.3.2.1. Canada Ophthalmic Surgical Technologies Market by Product Type
8.1.3.2.2. Canada Ophthalmic Surgical Technologies Market by Surgery Type
8.1.3.3. Mexico Ophthalmic Surgical Technologies Market
8.1.3.3.1. Mexico Ophthalmic Surgical Technologies Market by Product Type
8.1.3.3.2. Mexico Ophthalmic Surgical Technologies Market by Surgery Type
8.2. Europe
8.2.1. Europe Ophthalmic Surgical Technologies Market by Product Type
8.2.2. Europe Ophthalmic Surgical Technologies Market by Surgery Type
8.2.3. Europe Ophthalmic Surgical Technologies Market by Country
8.2.3.1. Germany Ophthalmic Surgical Technologies Market
8.2.3.1.1. Germany Ophthalmic Surgical Technologies Market by Product Type
8.2.3.1.2. Germany Ophthalmic Surgical Technologies Market by Surgery Type
8.2.3.2. United Kingdom Ophthalmic Surgical Technologies Market
8.2.3.2.1. United Kingdom Ophthalmic Surgical Technologies Market by Product Type
8.2.3.2.2. United Kingdom Ophthalmic Surgical Technologies Market by Surgery Type
8.2.3.3. France Ophthalmic Surgical Technologies Market
8.2.3.3.1. France Ophthalmic Surgical Technologies Market by Product Type
8.2.3.3.2. France Ophthalmic Surgical Technologies Market by Surgery Type
8.2.3.4. Italy Ophthalmic Surgical Technologies Market
8.2.3.4.1. Italy Ophthalmic Surgical Technologies Market by Product Type
8.2.3.4.2. Italy Ophthalmic Surgical Technologies Market by Surgery Type
8.2.3.5. Rest of Europe Ophthalmic Surgical Technologies Market
8.2.3.5.1. Rest of Europe Ophthalmic Surgical Technologies Market by Product Type
8.2.3.5.2. Rest of Europe Ophthalmic Surgical Technologies Market by Surgery Type
8.3. Asia Pacific
8.3.1. Asia Pacific Ophthalmic Surgical Technologies Market by Product Type
8.3.2. Asia Pacific Ophthalmic Surgical Technologies Market by Surgery Type
8.3.3. Asia Pacific Ophthalmic Surgical Technologies Market by Country
8.3.3.1. China Ophthalmic Surgical Technologies Market
8.3.3.1.1. China Ophthalmic Surgical Technologies Market by Product Type
8.3.3.1.2. China Ophthalmic Surgical Technologies Market by Surgery Type
8.3.3.2. Japan Ophthalmic Surgical Technologies Market
8.3.3.2.1. Japan Ophthalmic Surgical Technologies Market by Product Type
8.3.3.2.2. Japan Ophthalmic Surgical Technologies Market by Surgery Type
8.3.3.3. India Ophthalmic Surgical Technologies Market
8.3.3.3.1. India Ophthalmic Surgical Technologies Market by Product Type
8.3.3.3.2. India Ophthalmic Surgical Technologies Market by Surgery Type
8.3.3.4. South Korea Ophthalmic Surgical Technologies Market
8.3.3.4.1. South Korea Ophthalmic Surgical Technologies Market by Product Type
8.3.3.4.2. South Korea Ophthalmic Surgical Technologies Market by Surgery Type
8.3.3.5. Australia Ophthalmic Surgical Technologies Market
8.3.3.5.1. Australia Ophthalmic Surgical Technologies Market by Product Type
8.3.3.5.2. Australia Ophthalmic Surgical Technologies Market by Surgery Type
8.3.3.6. Rest of Asia-Pacific Ophthalmic Surgical Technologies Market
8.3.3.6.1. Rest of Asia-Pacific Ophthalmic Surgical Technologies Market by Product Type
8.3.3.6.2. Rest of Asia-Pacific Ophthalmic Surgical Technologies Market by Surgery Type
8.4. RoW
8.4.1. RoW Ophthalmic Surgical Technologies Market by Product Type
8.4.2. RoW Ophthalmic Surgical Technologies Market by Surgery Type
8.4.3. RoW Ophthalmic Surgical Technologies Market by Sub-region
8.4.3.1. Latin America Ophthalmic Surgical Technologies Market
8.4.3.1.1. Latin America Ophthalmic Surgical Technologies Market by Product Type
8.4.3.1.2. Latin America Ophthalmic Surgical Technologies Market by Surgery Type
8.4.3.2. Middle East Ophthalmic Surgical Technologies Market
8.4.3.2.1. Middle East Ophthalmic Surgical Technologies Market by Product Type
8.4.3.2.2. Middle East Ophthalmic Surgical Technologies Market by Surgery Type
8.4.3.3. Africa Ophthalmic Surgical Technologies Market
8.4.3.3.1. Africa Ophthalmic Surgical Technologies Market by Product Type
8.4.3.3.2. Africa Ophthalmic Surgical Technologies Market by Surgery Type
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of ophthalmic surgical technologies.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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