Global Retinal Surgery Devices Market (2021-2027)

Dublin, October 25, 2021 (GLOBE NEWSWIRE) – The “Retinal Surgery Devices Market, Global Forecast, Impact of COVID-19, Industry Trends, by Product, Growth, Opportunity Business Analysis” report was added to ResearchAndMarkets.com offer.

Retinal diseases vary widely, but most retinal diseases cause visual symptoms and can affect any part of the retina. The various equipment and accessories used for the surgical repair of torn or detached retinas are retinal surgery devices. Around the world, devices are typically made from medical grade stainless steel and silicon for better sterility. Common symptoms of retinal disease are blurred or distorted vision, inner vision defects, or loss of vision. Globally, retinal surgery devices are used to repair torn or detached retinas by laser surgery, cryotherapy. Apart from this, the devices are also used in diabetic retinopathy and other ophthalmic procedures. According to the publisher, the global retinal surgery device market is expected to reach $ 2.70 billion by 2027.

Factors driving the retinal surgery devices industry

In addition, the global growth of geriatric population, age related eye disorders eg glaucoma, cataract which can lead to vision loss is also driving the market growth. In addition, macular degeneration, diabetic retinopathy is currently the driving force towards this market. In addition, all over the world, there is a widespread adoption of minimally invasive surgical procedures for the treatment of these diseases, which provide various benefits such as minimal pain and discomfort and rapid recovery. According to this research report, the global retinal surgery devices market size was valued at US $ 1.59 billion in 2020.

Some facts

  • According to the WHO, by 2050, the world population aged 60 and over is expected to be 2 billion.

  • According to national diabetes statistics, one often suffers from diabetes, or about 9.4% of the total population of the United States.

  • Diabetic retinopathy affects nearly 7.7 million Americans and the number is expected to increase to 11.3 million by 2030.

Impact of COVID-19

The COVID-19 pandemic has spread around the world; millions of people around the world are infected with the COVID-19 disease. The restrictions and blockages have had an impact on retinal surgery, as most of the medical force has been assigned to tackling the pandemic. But the publisher believes that the scenario will improve in the future.

The publisher has covered the global retinal surgery apparatus market in vitrectomy machines, vitrectomy kits, surgical instruments, microscopic lighting equipment, retinal laser equipment and others. Vitrectomy pack is one of the key segments by product category due to its adoption in applications such as combined retinal surgeries, vitreous ablation in mobile retina, epiretinal membrane ablation, in posterior vitreous detachment procedures. According to the research analysis, the global retinal surgery device industry is expected to grow at a CAGR of 7.86% from 2020 to 2027.

The publisher has studied the global market for retinal surgery devices in diabetic retinopathy, retinal detachment, epiretinal membrane, macular hole and others. Diabetic retinopathy dominates the market during the forecast period as it can develop in people with type 1 or type 2 diabetes. About 463 million adults between the ages of 20 and 79 were living with diabetes, according to the International Diabetes Federation (IDF). And by 2045, those numbers would reach 700 million adults. In addition, 79% of adults with diabetes came from developing countries.

The report covers region, North America, Latin America, Europe, Asia Pacific, Middle East & Africa in this report. The North American region holds the dominant position in the global retinal surgery devices market. The major players playing a crucial role in the global retinal surgery market are Topcon Corporation, Alcon AG, Carl Zeiss, Bausch Health Companies Inc, and Iridex Corporation.

Main topics covered:

1. Introduction

2. Research methodology

3. Executive summary

4. Market dynamics
4.1 Growth drivers
4.2 challenges

5. Retinal Surgery Devices Market

6. Market share
6.1 By product
6.2 By application
6.3 By the end user
6.4 By region

7. Product – Retinal Surgery Devices Market
7.1 Vitrectomy machines
7.2 Vitrectomy packs
7.3 Surgical instruments
7.4 Microscopic lighting equipment
7.5 Retinal laser equipment
7.6 Others

8. Application – Retinal Surgery Devices Market
8.1 Diabetic retinopathy
8.2 Retinal detachment
8.3 Epiretinal membrane
8.4 Macular hole
8.5 Others

9. End User – Retinal Surgery Devices Market
9.1 Hospitals
9.2 Eye clinics
9.3 Others

10. Region – Retinal Surgery Devices Market
10.1 North America
10.2 Latin America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa

11. Business analysis
11.1 Topcon Corporation
11.1.1 Overview
11.1.2 Recent Development
11.1.3 Financial information
11.2 Alcon SA
11.2.1 Presentation
11.2.2 Recent Development
11.2.3 Financial information
11.3 Carl Zeiss
11.3.1 Overview
11.3.2 Recent Development
11.3.3 Financial information
11.4 Bausch Healthcare Companies Inc
11.4.1 Overview
11.4.2 Recent Development
11.4.3 Financial information
11.5 Iridex Company
11.5.1 Overview
11.5.2 Recent Development
11.5.3 Financial information

For more information on this report, visit https://www.researchandmarkets.com/r/drckuf

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