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Vitreous Tamponades Market worth $92.3 Million by 2027, registering a CAGR of 2.5 % – Report by Coherent Market Insights

November 15th, 2021 Coherent Market Insights Releases

Vitreous Tamponades Market, By Product Type (Gases (Silicone Oil, PFCL), Liquid), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

Vitreous surgery is generally required for complex instances of proliferative vitreoretinopathy, trauma, retinal detachments, giant retinal tears, and diabetic retinopathy. In such circumstances, intraocular tamponades serve an important role in supporting the retina and prevent fluid from passing through the retinal breaches.

Request Here Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/1193

Statistics

The global vitreous tamponades market is expected to be worth US$ 92.3 million by 2027.

Global Vitreous Tamponades Market: Drivers

Rising incidence of diabetic retinopathy is expected to drive the global vitreous tamponades market growth during the forecast period. For instance, according to the National Diabetes and Diabetic Retinopathy Survey report released in October 2019, the incidence of diabetes in India was 11.8 % from 2015 to 2019, with 3.8 % of new diabetes cases and 8.0 % of known cases of diabetes during that time period.

Furthermore, the growing elderly population is expected to increase the need for vitreous tamponades. For instance, the World Health Organization estimates that the aging population will reach from 900 million in 2015 to 2 billion by 2050.

Statistics

In 2019, North America held the largest share in the global vitreous tamponades market, contributing for 33.1 % of the total value, trailed by Europe and the Asia Pacific.

Global Vitreous Tamponades Market: Restraints

The commoditization of the vitreous tamponades sector in Europe, Asia, and the Rest of the World is expected to stifle the global vitreous tamponades market growth over the forecast period. Increasing demand for efficient long-term tamponades, along with a growing number of producers (particularly penetration by domestic manufacturers offering tamponades at cheaper rates), has sparked a price war in the tamponade market, reducing business revenues. Although the change from high-priced to low-priced products allows distributors to increase profit margins, it has an impact on the overall vitreous tamponade market. Furthermore, companies’ reduced R&D expenditure, which results in a lack of product innovation, is expected to restrict the global vitreous tamponades market growth over the forecast period.

Global Vitreous Tamponades Market: Opportunities 

Research and development in vitreous tamponades is expected to provide attractive growth possibilities for global vitreous tamponades market players. For the treatment of retinal detachment diseases, silicone oil, perfluorocarbon (PFCL), or gaseous tamponades are being used. Superior retina breaks are treated with conventional silicone oil (specific gravity 0.95 g/cm3 to 0.98 g/cm3), whereas inferior retina breaks are treated with heavy silicone oil (specific gravity 1.02 g/cm3 to 1.06 g/cm3). Moreover, the therapy of proliferative vitreoretinopathy and numerous fractures in the upper and lower retina remains clinically challenging. This is due to the fact that typical silicone oil floats in the upper vitreous cavity, leaving the lower vitreous cavity without adequate support. Moreover, thick silicone oil, which is good for treating retinal breaks in the lower vitreous cavity, leaves the top cavity unsupported.

Furthermore, the future development of novel products is expected to aid in the global vitreous tamponades market growth over the forecast period.

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Statistics

The global vitreous tamponades market was worth US$ 76.0 million in 2019 and is expected to be worth US$ 92.3 million by 2027, growing at a 2.5 % CAGR during the forecast period 2020 – 2027.

Market Trends/Key Takeaways

One of the most often utilized tamponade agents in vitreoretinal surgery is silicone oil. Furthermore, silicone oil has a number of side effects and problems, such as secondary angle-closure congestion and anterior rotation of the ciliary body.

Major players in the global vitreous tamponades market are working to enhance their market position. For instance, Alchimia Srl announced the incorporation of Alchilife Srl, an Italian R&D company specializing in the ophthalmology sector, in March 2020.

Global Vitreous Tamponades Market: Competitive Landscape

Some of the key players contributing to the global vitreous tamponades market are Dutch Ophthalmic Research Center (International) B.V., Carl Zeiss Meditec AG, Alcon, Inc., Alchimia Srl, Fluoron GmbH, Bausch Health Companies Inc., and Croma-Pharma GmbH.

Global Vitreous Tamponades Market: Key Developments

The global vitreous tamponades market’s key players are focusing on M&A strategies to increase their product range. For instance, Alcon, Inc. in December 2018 acquired Tear Film Innovations, Inc., a privately owned business that manufactures the iLux Device, a therapeutic device used to cure Meibomian Gland Dysfunction, a primary cause of dry eye.

Reasons to Purchase this Report

• Current and future of global Vitreous Tamponades market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

Buy This Complete Business Report With Flat US $2000 Off @ 
https://www.coherentmarketinsights.com/promo/buynow/1193

Table of Content

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Country
      • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Highlights
    • Product launch
    • PEST Analysis
    • Technological Advancements
    • Regulatory Scenario
    • Mergers and Acquisitions
  4. Global Vitreous Tamponades Market, By Product Type, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Gases
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Silicone Oil
        • PFCL
    • Liquid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  5. Global Vitreous Tamponades Market, By Region, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Germany
        • U.K.
        • France
        • Spain
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • China
        • Japan
        • India
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • North Africa
        • Central Africa
        • South Africa
  6. Competitive Landscape
    • Company Profiles
      • Alchimia srl
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Alcon Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Bausch Health Companies Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Carl Zeiss Meditec AG
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Croma-Pharma GmbH
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Dutch Ophthalmic Research Center (International) B.V
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Fluoron GmbH
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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