Global Ophthalmology Cataract Surgery Devices Market Overview:
Cataract surgery is an operation to remove eye’s lens when it is cloudy. The purpose of eye lens is to bend or refract light rays which come into the eye to help see. The eye lens should be clear, but with a cataract it is cloudy. Having a cataract can be similar to looking through a foggy or dusty car windshield. Things may look blurry, misty or less colorful. The only way to eliminate a cataract is with surgery. The ophthalmologist will recommend removing a cataract when it keeps from doing things you want or need to do. Some of the key players profiled in the study are Carl Zeiss Meditech AG (Germany), Abbott Laboratories (United States), Alcon, Inc. (United States), Allergan, Inc. (Ireland), Bausch & Lomb, Inc. (United States), Essilor International S.A. (France), Opcon Corporation (Japan), NIDEK Co., Ltd. (Japan), STAAR Surgical Company (United States) and Novartis AG (Switzerland).
On the basis of geography, the market of Ophthalmology Cataract Surgery 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 Distribution Channel, the sub-segment i.e. Online will boost the Ophthalmology Cataract Surgery Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rapidly Growing Aging Population Coupled With Increasing Incidence of Eye-Related Diseases
- Rising Medical Tourism for Low Cost Cataract Surgery
Market Trend
- Rapid Technological Advancements Surgery Devices
Restraints
- Low Awareness Related to the Age Related Eye Diseases
Opportunities
- Increasing Access to Cataract Surgery in Developing Markets
Challenges
- Dearth of Skilled Professionals
Major players are implementing various strategies such as mergers & acquisitions, new product development, joint ventures, partnerships and others. Medical technology and healthcare companies are setting standards by manufacturing cataract surgery devices with the help of various technological advancements.
Target Audience:
Manufacturers of Ophthalmology Cataract Surgery Devices, Suppliers of Ophthalmology Cataract Surgery Devices parts, Distributors of Ophthalmology Cataract Surgery Devices, Healthcare Industry, Governmental Bodies and Research Firms
Major Objectives Focused through this Study
To define, describe, and forecast the Global Ophthalmology Cataract Surgery Devices market on the basis of product [Cataract Surgery Devices, Glaucoma Surgery Devices, Vitreoretinal Surgery Devices and Refractive Surgery Devices] , application [Hospitals, Ambulatory Surgical Centers and Ophthalmic Clinics], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Ophthalmology Cataract Surgery Devices market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Ophthalmology Cataract Surgery Devices industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Hoya Corporation (Japan) and VisionCare, Inc. (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Ophthalmology Cataract Surgery Devices market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.