About Silicone Phacosleeve
Silicon sleeve is used to provide irrigation in a phaco-emulsification procedure. Phaco sleeves are made out of high-quality silicon. The inner wall of the sleeve has threads to tightly fit onto a phaco handpiece. A sleeve has two irrigation ports to provide irrigation with minimum turbulence in the anterior chamber. The phaco-sleeve irrigation-assisted hydrodissection (iH) technique is used to initially groove and split the lens and remove the intracapsular gas, this can reduce the intracapsular volume while bypassing the intracapsular lens prior to the hydrodissection.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global silicone phacosleeve market is fragmented, with large and medium-sized players accounting for the majority of market profits. Many players are arranging various strategies, entering into mergers and acquisitions, and introducing more effective silicone phacosleeve devices. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Silicone Phacosleeve 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 Laboratories, Inc. (United States), Bausch + Lomb (United States), Johnson & Johnson Vision (United States), Morcher GmbH & Co. KG (Germany), Medtronic (Ireland), AcuFocus, Inc. (United States), Refocus Group (United States), Oculus GmbH (Germany), Hoya Corporation (Japan) and MicroSurgical Technology (Brazil) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Geuder AG (Germany), Euromex International (Netherlands), Haokang Medical Technology Co., Ltd. (China), Senhwa Biosciences Inc. (Taiwan) and Dominion Medical Devices Pty Ltd (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Silicone Phacosleeve market by and Region.
On the basis of geography, the market of Silicone Phacosleeve 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 Phaco Tips, the sub-segment i.e. Classic /Hypersonic will boost the Silicone Phacosleeve market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Silicone Phacosleeve market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. 2.8 mm will boost the Silicone Phacosleeve market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Standard Silicone will boost the Silicone Phacosleeve market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of Biodegradable or Recyclable Silicone Phaco Sleeves and Increasing Demand for Standard Silicone Phaco Sleeve
Market Growth Drivers:
Rising Prevalence of Cataracts, the Leading Cause of Vision Impairment and Increasing Number of Aging Population in Worldwide
Challenges:
Silicone Phaco Sleeves Require Proper Cleaning and Sterilization to Maintain their Performance and Longevity
Restraints:
Higher Initial Costs Compared to Traditional Metal Sleeves
Opportunities:
Integration with Smart Technologies, such as Temperature Sensors and Pressure Monitoring
Market Leaders and their expansionary development strategies
In August 2023, Johnson & Johnson entered a strategic partnership with Medtronic to develop and market innovative ophthalmic products, including advanced silicone phaco sleeves. This collaboration aims to leverage both companies' strengths and accelerate innovation.
In August 2023, Morcher Instruments GmbH unveiled the M7 Phaco Sleeve, featuring a unique tapered design for enhanced efficiency and stability during cataract surgery. The successful launch of this phaco sleeve will help Morcher to maintain its position as a leader in this competitive market.
Key Target Audience
Silicone Phacosleeve Manufacturer, Suppliers & Distributors, New Entrance, Government Bodies, Potential Investors 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.