Cataract Surgery Devices And Equipment Global Market 2024 - By Size, Share, Demand, Trends, Forecast To 2033
The
cataract surgery devices and equipment market size is expected to see strong
growth in the next few years. It will grow to $11.84 billion in 2028 at a
compound annual growth rate (CAGR) of 9.5%.
The growth in the forecast period can be attributed to growing focus on
outpatient surgery, customized intraocular lenses, value-based healthcare
models, global vision care campaigns, global initiatives for eye health. Major
trends in the forecast period include integration of artificial intelligence
(ai), teleophthalmology and remote consultations, rapid technological
innovations, improvements in intraocular lens technology, technological
advancements in surgical techniques, femtosecond laser technology.
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Segmentation & Regional Insights
The cataract surgery devices and equipment market covered in this report is
segmented –
1) By Type: Intraocular Lens (IOL), Ophthalmic viscoelastic device (OVD),
Phacoemulsification Equipment, Femtosecond Laser Equipment
2) By Surgery Type: Extracapsular Cataract Extraction, Phacoemulsification,
Femtosecond Laser, Other Surgery Types
3) By Application: Ophthalmology Centers, Hospitals, Clinics
North America was the largest region in the global cataract surgery devices and
equipment market in 2023. Asia-Pacific was the second-largest region in
cataract surgery devices and equipment market. The regions covered in the
cataract surgery devices and equipment market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising geriatric population is expected to propel the growth of the
cataract surgery devices and equipment market in the future. The geriatric
population refers to people aged 65 and over. The rising elderly population are
more prone to developing cataracts as they age, which is boosting the demand
for cataract surgery devices due to the associated vision impairment.
Consequently, the growing geriatric demographic has led to an increased need
for cataract surgery procedures and related devices. For instance, according to
the 2021 American Community Survey conducted by The United States Census
Bureau, a US-based government agency, there were 55,892,014 people aged 65 and
over in the U.S. out of a total population of 331,893,745, which represents
16.8% of the population. Therefore, the rising geriatric population is driving
the growth of the cataract surgery devices and equipment market.
Key Industry Players
Major companies operating in the cataract surgery devices and equipment market
report are Johnson & Johnson Services Inc., Allergan Inc., PhysIOL S.A,
Novartis AG, Abbott Laboratories, Alcon Inc., HOYA Corporation, Bausch &
Lomb Inc., Carl Zeiss Meditech AG, Topcon Corporation, NIDEK Co. Ltd., Glaukos
Corporation, Aurolab Co., OPHTEC BV, DORC International BV, Calhoun Vision
Inc., Coburn Technologies Inc., HumanOptics AG, Hanita Lenses Ltd., Lenstec Inc.,
CRISTALENS SL, EyeKon Medical Inc., ROWIAK GmbH, Ziemer Ophthalmic Systems AG,
HAAG-Streit Holding AG, Sonomed Escalon Corp., VisionCare Ophthalmic
Technologies Inc., Ellex Medical Lasers Limited, Altacor Pharma
The cataract surgery devices and equipment market
report table of contents includes:
1. Executive Summary
2. Cataract
Surgery Devices And Equipment Market Characteristics
3. Cataract
Surgery Devices And Equipment Market Trends And Strategies
4. Cataract
Surgery Devices And Equipment Market - Macro Economic Scenario
5. Global
Cataract Surgery Devices And Equipment Market Size and Growth
...........................................
32. Global
Cataract Surgery Devices And Equipment Market Competitive Benchmarking
33. Global
Cataract Surgery Devices And Equipment Market Competitive Dashboard
34. Key
Mergers And Acquisitions In The Cataract Surgery Devices And Equipment Market
35.
Cataract Surgery Devices And Equipment Market Future Outlook and Potential
Analysis
36.
Appendix
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