• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Hydrogel Cell Carrier for Fistula Healing

      Hydrogel Cell Carrier for Fistula Healing

      Bottlebrush Particle for Synergistic Drug Combinations

      Bottlebrush Particle for Synergistic Drug Combinations

      Antibacterial Peptide Spray Safe for Use on Wounds

      Antibacterial Peptide Spray Safe for Use on Wounds

      Flexible Sensors Detect Heavy Metals in Sweat

      Flexible Sensors Detect Heavy Metals in Sweat

    • Radiology
      Focused Ultrasound Releases Brain Biomarkers

      Focused Ultrasound Releases Brain Biomarkers

      Tiny Patch for Cardiac Ultrasound Imaging

      Tiny Patch for Cardiac Ultrasound Imaging

      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

    • Cardiology
      Tiny Patch for Cardiac Ultrasound Imaging

      Tiny Patch for Cardiac Ultrasound Imaging

      Belt Monitors Heart Failure Patients

      Belt Monitors Heart Failure Patients

      Camera Measures Blood Pressure with Quick Look

      Camera Measures Blood Pressure with Quick Look

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

    • Surgery
      Hydrogel Cell Carrier for Fistula Healing

      Hydrogel Cell Carrier for Fistula Healing

      Antibacterial Peptide Spray Safe for Use on Wounds

      Antibacterial Peptide Spray Safe for Use on Wounds

      Microneedle Bandage for Hemostatic Control

      Microneedle Bandage for Hemostatic Control

      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

    • Nanomedicine
      Bottlebrush Particle for Synergistic Drug Combinations

      Bottlebrush Particle for Synergistic Drug Combinations

      Extra Hot Nanoparticles for Cancer Therapy

      Extra Hot Nanoparticles for Cancer Therapy

      Making Tumors Tastier for the Immune System

      Making Tumors Tastier for the Immune System

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Improved Membrane Coating for Anti-Cancer Nanoparticles

    • Military Medicine
      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fabric Makes Electricity from Movement to Power Wearables

      Fabric Makes Electricity from Movement to Power Wearables

      Wearable Uses Microneedles to Track Metabolism

      Wearable Uses Microneedles to Track Metabolism

    • Rehab
      Smart Walking Stick for Visually Impaired People

      Smart Walking Stick for Visually Impaired People

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Implanted Magnets for Prosthetic Control

      Implanted Magnets for Prosthetic Control

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Retinal Surgery Devices Market To Reach USD 3.53 Billion By 2027 | Alcon, Bausch & Lomb Incorporated, Carl Zeiss, Topcon Corporation, Synergetics

March 25th, 2020 Reports And Data Releases

The Global Retinal Surgery Devices Market was valued at USD 1.91 Billion in 2019 and is expected to reach USD 3.53 Billion by the year 2027, at a CAGR of 8%. The major factors driving the growth of the retinal surgery devices market during the forecast years are the rising technological advancements and the growing number of applications of surgical devices. Moreover, the ever-increasing geriatric population and the increasing prevalence of eye-related retinal disorders are anticipated to accelerate the growth of the global market in the forecast period. The emerging economies worldwide are projected to offer potential growth opportunities for the market further. Low compliance rate and non-adherence to therapeutic approaches that are formulated to reduce vision loss risk in diabetic retinopathy are also expected to shift the focus towards surgical devices, thereby fueling the market growth. Non-compliance with the vision care guidelines by the patients is recognized as a complex health issue. According to research conducted by NCBI, one-third of the diabetic patients were found to be unsuccessful in following the vision care guidelines in the United States. Also, in emerging economies such as China & India, the non-adherence proportion exceeds 60%.

Request free sample Copy of this research report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/2255

The growing geriatric population possesses greater susceptibility towards developing retinal eye diseases, which further broadens the base for the growth of the retinal surgery devices market. According to the WHO, by 2050, the world’s population aged 60 years and older is expected to total 2 billion, up from 900 million in 2015. Presently, about 125 million people are aged 80 years or older. The global retinal surgery devices market is primarily driven by the increasing prevalence of ophthalmic conditions, especially diabetic retinopathy. According to the National Diabetes Statistics, one out of ten people suffer from diabetes, which is nearly 9.4% of the total U.S. population. Moreover, newly diagnosed diabetes cases of type 1 and type 2 have increased among the youth, and it is further expected to increase. These are some of the major key factors which are responsible for boosting the market growth during the forecast period.

However, the high cost associated with retinal surgery devices, low adoption for these applications, especially in developing nations, stringent government regulations relating to medical devices, strict guidelines, inadequate reimbursement, and high costs for treatment, and product designing and development, coupled with a requirement for advanced integrated technologies for retinal surgery, are the major factors that are expected to restrict the growth of the market.

Further key findings from the report suggest

  • Retinal laser equipment is projected to witness exponential growth over the forecast years, owing to consistency in the usage of retinal operative procedures, their easy operability, easy availability, and cost-efficiency. Moreover, the use of laser in operations is increasing because of the preference over traditional surgical methods.
  • Based on application, diabetic retinopathy emerged as the largest segment as a result of the high prevalence of retinal disorders that raise the clinical urgency to adopt retinal surgery devices, thereby fueling the demand. According to the Center for Disease Control and Prevention, from 2010 to 2050, the number of Americans with diabetic retinopathy is expected to nearly double from 7.7 million to 14.6 million.
  • As of 2019, hospitals hold the largest market share of the global retinal surgery devices market, mainly due to high patient volume, consistent re-admissions, and easy availability of high-end equipment. According to the National Institute of Health, by 2050, the number of people in the U.S. with cataract is expected to double from 24.4 million to about 50 million. The majority of cases will affect white people; however, Hispanic Americans are expected to have the most rapid increase in prevalence from 1.76 million cases to 9.51 million.
  • North America region accounts for the largest market share of the global retinal surgery devices market, which can be attributed to the extensive R&D activities that provide a platform for growth through consistent new product approvals
  • The market in the Asia Pacific is projected to witness lucrative growth over the forecast period, due to growing awareness related to the availability and benefits of these devices. The increasing target disease and geriatric population are expected to support the market growth during the forecast period.
  • Market players are adopting various strategic initiatives such as collaboration and expansion, and product launches. For instance, Beyer recently launched a technologically advanced VersaVIT 2.0 vitrectomy machine, which is equipped with an LED illumination system, three vitrectomy packs, and adjustable chandelier fiber for the safe operative procedure. Similarly, a 23-Gauge fragmentation needle eliminates the need to enlarge sclerotomy and achieve enhanced visualization, intraoperative efficiency, and control.
  • Key participants include Alcon, Bausch & Lomb Incorporated, Carl Zeiss, Topcon Corporation, Synergetics, IRIDEX Corporation, Ellex Medical Lasers, Escalon Medicals, Second Sigh Medical Products, and Erbe Elektromedizin.

Order Your Copy Now (Customized report delivered as per your specific requirement)@ https://www.reportsanddata.com/checkout-form/2255

For the purpose of this study, Reports and Data have segmented the Retinal Surgery Devices market on the basis of product, application, end-use, and region:

Product (Revenue, USD Million; 2017–2027)

  • Vitrectomy Machines
  • Vitrectomy Packs
  • Surgical Instruments
  • Microscopic Illumination Equipment
  • Retinal Laser Equipment
    • Photocoagulation Devices
    • Photodisruption Devices
    • SLT
  • Others

Application (Revenue, USD Million; 2017–2027)

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

End-Use (Revenue, USD Million; 2017–2027)

  • Hospital and Clinics
  • Ambulatory Services
  • Ophthalmology Centers
  • Others

Regional Outlook (Revenue in USD Million; 2017–2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
  • Latin America
    • Brazil

To identify the key trends in the industry, click on the link below:   https://www.reportsanddata.com/report-detail/retinal-surgery-devices-market

Read More Reports:-

Neurosurgery Navigation Software Market Size, Share & Analysis, By Application (Neurosurgery Navigation Systems, Orthopedic Navigation Systems, ENT Navigation Systems, Dental Navigation Systems, Cardiac Navigation Systems), Type (Optical, Electromagnetic (EM), Hybrid), And By Region Forecast To 2028

Clarithromycin Tablets Market Size, Share & Analysis, By Type (250 mg Tablets, 500 mg Tablets), By Application (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), And By Region, Forecast To 2028

Drug Screening Market Size, Share & Analysis, By Product (Consumables, Urine testing devices, Analytical, Breathalyzer, Chromatography and Laboratory Services), by Sample Type (Urine, Breath), by End User (Workplace & Schools, Criminal Justice Systems & Law Enforcement Agencies, Drug Testing Laboratories, Drug Treatment Centres, Hospitals, Personal Use, And Pain Management Centres) And Region, Forecast To 2028

Homogenizers Market Size, Share & Analysis, By Type (Ultrasonic, Pressure, Mechanical), By Valve Technology (Single-valve Assembly, Two-valve Assembly), By Application (Food & Dairy, Cosmetics, Pharmaceuticals, Chemical Processing, Biotechnology), And By Region Forecast To 2028

Mannitol Injection Market Size, Share & Analysis, By Product Type (5g/100 ml, 10g/100 ml, 15g/100 ml, 20g/100 ml, 25g/100 ml), By Application (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and By Region, Forecast To 2028

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John Watson

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Sign up and submit a press release

Sponsored
C-mo Medical Solutions extends seed investment round to €4.8 million to transform cough monitoring

C-mo Medical Solutions extends seed investment round to €4.8 million to transform cough monitoring

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

Fluidx Unveils New Embolic for Neurovascular Use

Fluidx Unveils New Embolic for Neurovascular Use

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

PT Genie Unveils New Brand Identity Reflecting Company’s Transformation and Focus on the Global Future of AI and Machine Learning in Digital Healthcare

interviews & reviews
Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
Posting....
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email