About Oculoplastic Surgery
Oculoplastic surgery, also known as oculoplastics, is surgery with relation to the eye and its surrounding structures including the eye socket, eyelids, tear ducts, and parts of the face. This surgery is performed for a number of reasons such as upper and lower eyelid blepharoplasty, eye bag removal and eyebrow lifts, which are done for cosmetic reasons, while others, such as eyelid repair for entropion, ectropion and ptosis are done for functional reasons. The factors such as Increased Prevalence of Eye Disorders, Growing Number of Age-Related Oculoplastic Surgeries and Growth in the Geriatric Population are the key drivers for the global Oculoplastic Surgery market. In addition, Technological Advancements in Medical Science also fueling market growth. However, Rising Cost of Surgeries and Lack of Reimbursement may hamper the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Oculoplastic Surgery 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.
KARL STORZ SE & Co. KG (Germany), Integra Lifesciences (United States), Zimmer Biomet (United States), B. Braun (Germany), Integra LifeSciences Corporation (United States), Antibe Therapeutics Inc. (Canada), TEKNO-MEDICAL Optik-Chirurgie GmbH (Germany) and Bolton Surgical Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Katena Products. Inc. (United States), Sklar Surgical Instruments (United States) and Blink Medical Ltd. (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Oculoplastic Surgery market by Type (Blepharoplasty, Ptosis Repair and Entropion and Ectropion Repai), Application (Patient Education and Information Apps, Surgical Simulation and Training Apps and Telemedicine Platforms) and Region.
On the basis of geography, the market of Oculoplastic Surgery 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-users, the sub-segment i.e. Hospitals will boost the Oculoplastic Surgery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Surgery Type, the sub-segment i.e. Eyelid Surgery will boost the Oculoplastic Surgery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in The Medical Science
Market Growth Drivers:
Increased Prevalence of Eye Disorders, Growing Number of Age-Related Oculoplastic Surgeries and Growth in the Geriatric Population
Challenges:
Lack of Healthcare Infrastructure in Underdeveloped Countries
Restraints:
Rising Cost of the Surgeries and Lack of Reimbursement
Opportunities:
Growth in the Healthcare Industry Worldwide and Increased Research and Development Activities
Market Leaders and their expansionary development strategies
In December 2020, Zimmer Biomet Holdings, Inc., a global leader in musculoskeletal healthcare, has announced that the company has completed the acquisition of A&E Medical Corporation, a Vance Street Capital Portfolio Company.
In October 2020, Katena Products has announced the purchase of Micro-Select Instruments, a maker of ophthalmic instruments including forceps, needle holders, and speculums.
Key Target Audience
Oculoplastic Surgery Providers, Emerging Companies, Research Professionals and End-users
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.