About Vitrectomy Devices
Vitrectomy is a surgical process to remove the vitreous gel from the eye that fills the eye cavity is removed to provide better access to the retina. An increase in percentage of geriatric population and technological advancements in surgical equipment has propelled the market for vitrectomy devices.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The leading market players those are contributing high market share and generating huge revenue are exploring various market growth opportunities by expanding their footprint in new geographical regions, or by acquisitions, expansions, R&D investments, new service launches and many other. The market-leading players are discovering new growth areas through expansions and acquisitions across the globe to benefit from competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Vitrectomy Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Alcon (Switzerland), Bausch & Lomb (United States), Carl Zeiss Meditec AG (Germany), NIDEK (Japan), Topcon Corporation (Japan), OCULUS (United States), MedOne Surgical (United States) and D.O.R.C (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Optikon (Italy) and Peregrine Surgical (United States).
Segmentation Overview
AMA Research has segmented the market of Global Vitrectomy Devices market by Type (Vitrectomy Packs, Vitrectomy Machines, Microscopic Illumination Equipment, Surgical Instruments and Others), Application (Epiretinal Membrane, Diabetic Retinopathy, Retinal Detachment, Macular Hole and Others) and Region.
On the basis of geography, the market of Vitrectomy Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospital will boost the Vitrectomy Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Interest of Medical Technology Companies for the Investment in the R&D of New Generation Medical Devices
Market Growth Drivers:
Increase in Number of Geriatric Population, Utilization of Minimally Invasive Surgical Equipment and Growing Awareness towards Cost-effective Surgical Procedures
Challenges:
Intense Competition Among Key Players
Restraints:
Lack of Effective Healthcare Services and Slow Penetration of Healthcare Technology in Developing Region
Opportunities:
Potential Growth in Emerging Country
Market Leaders and their expansionary development strategies
In October 2022, DORC Dutch Ophthalmic Research Center (International) BV, a Netherlands-based medical device manufacturer, acquired Peregrine Surgical LLC and WEFIS GmbH for an undisclosed amount, with this acquisition, DORC expands its manufacturing capabilities.
In March 2020, NIDEK CO., LTD. introduced the gold standard Ophthalmic Surgical System CV-9000. The CV-9000 has been designed with the utmost safety, efficiency, and ergonomics in mind. The CV-9000 intuitive graphics user interface (offered in 9 languages) enhances the efficiency of the surgical team. The redesigned handpiece facilitates surgical maneuvers and enhances its durability.
Key Target Audience
Market Research & Consultancy Firm, Potential Investors, Government & Regulatory Bodies, Pharmaceutical Company and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.