Overview of the Global Vitrectomy Devices Market to 2028

DUBLIN, November 8, 2021 / PRNewswire / – The Vitrectomy Devices Market Size, Share and Trend Analysis Report by Product, by Application (Diabetic Retinopathy, Retinal Detachment), by End Use (Hospitals, Outpatient Surgery Centers), by Region and segment forecast, 2021-2028 ” report was added to ResearchAndMarkets.com offer.

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The global vitrectomy devices market size is expected to reach $ 1.7 billion by 2028. The market is expected to grow at a CAGR of 6.2% from 2021 to 2028. The increasing prevalence of diabetes is expected to drive the likelihood of diabetic retinopathy, thereby contributing to the growth of the market. Moreover, the growing demand for vitrectomy due to its associated advantages to provide support for other eye surgeries is also expected to drive the market growth.

Ophthalmic diseases are common in the elderly. The growing geriatric population is expected to drive the market and the need for vitrectomy devices. According to the National Institute on Aging (NIA), the elderly population is expected to reach 72.0 million people by 2030, which could lead to the prevalence of ophthalmic disorders. In addition to this, an increasing number of hospital admissions for retinal surgeries such as vitrectomy is expected to drive the market growth. Additionally, hospitals have also installed vitrectomy devices to improve vitreoretinal surgery procedures.

COVID-19 is expected to negatively impact the market in 2020. This is due to reduced medical visits for eye care to prevent the spread of infection. Additionally, people with COVID must experience ophthalmic issues like conjunctivitis, which in turn prevent healthcare professionals from performing general eye surgeries. However, the development of government guidelines to provide constant and efficient medical care including ophthalmology could boost the market growth during the forecast period.

The risks associated with Vitrectomy are also expected to hamper the growth of the market. The patient who has undergone a vitrectomy has a high probability of generating a cataract after a few years, which has a negative impact on its adoption. In addition, the lack of professional ophthalmologists to understand how advanced vitrectomy devices with multiple functionality work can also pose a threat to the market.

Highlights of Vitrectomy Devices Market Report

  • Vitrectomy machines held the largest share of revenue in 2020 due to the development of advanced machines with features like small gauge size and intraocular pressure control.

  • Vitrectomy Packs segment is expected to grow at the fastest rate during the forecast period owing to its increasing adoption for various indications

  • Retinal Detachment Applications segment is expected to grow at the fastest rate during the forecast period due to the increasing prevalence of high myopia. Patients with high myopia have a greater likelihood of developing retinal detachment

  • Outpatient Surgery Centers Segment is Expected to Show Highest Growth Rate During Forecast Period Due to Lower Costs and Shorter Wait Time

  • In Asia Pacific, the market is expected to grow at the highest rate due to the maximum number of diabetic retinopathy cases in the region and the presence of a large pool of patients

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive summary

Chapter 3. Variables, Trends and Scope of Vitrectomy Devices Market
3.1. Market lineage outlook
3.1.1. Parents Market Outlook
3.1.2. Related / Auxiliary Market Outlook
3.2. Mapping of penetration and growth prospects
3.3. Industry value chain analysis
3.3.1. Reimbursement framework
3.4. Market dynamics
3.4.1. Market driver analysis
3.4.1.1. Increased prevalence of eye diseases
3.4.1.2. Technological advances
3.4.1.3. Government initiatives to increase awareness of the visually impaired
3.4.2. Analysis of market constraints
3.4.2.1. Risks associated with vitrectomy
3.5. Vitrectomy Devices Market Analysis Tools
3.5.1. Industry Analysis – Porter’s
3.5.1.1. Supplier power
3.5.1.2. Purchasing power
3.5.1.3. Threat of substitution
3.5.1.4. Threat of a new entrant
3.5.1.5. Competitive rivalry
3.5.2. PESTEL analysis
3.5.2.1. The political landscape
3.5.2.2. Technological landscape
3.5.2.3. Economic landscape
3.5.3. Analysis of major transactions and strategic alliances
3.5.4. Market entry strategies

Chapter 4. Vitrectomy Devices Product Estimates and Trend Analysis
4.1. Definitions and scope
4.1.1. Vitrectomy machines
4.1.2. Vitrectomy packs
4.1.3. Photocoagulation lasers
4.1.4. Lightening devices
4.2. Product market share, 2020 and 2028
4.3. Segment dashboard
4.4. Global Vitrectomy Devices Market By Product Outlook
4.5. Market size and forecast and trend analysis, 2016 to 2028 for the following
4.5.1. Vitrectomy machines
4.5.1.1. Vitrectomy Machine Market Estimates & Forecasts 2016-2028 (USD Million)
4.5.2. Vitrectomy packs
4.5.2.1. Vitrectomy Packs Market Estimates & Forecasts 2016-2028 (Million USD)
4.5.3. Photocoagulation lasers
4.5.3.1. Photocoagulation Lasers Market Estimates & Forecasts 2016-2028 (USD Million)
4.5.4. Lightening devices
4.5.4.1. Lighting Devices Market Estimates & Forecasts 2016-2028 (USD Million)

Chapter 5. Vitrectomy Devices: Application Estimates and Trend Analysis
5.1. Definitions and scope
5.1.1. Diabetic retinopathy
5.1.2. Retinal detachment
5.1.3. Macular hole
5.1.4. Vitreous hemorrhage
5.1.5. Others
5.2. Application market share, 2020 and 2028
5.3. Segment dashboard
5.4. Global Vitrectomy Devices Market by Application Outlook
5.5. Market size and forecast and trend analysis, 2016 to 2028 for the following
5.5.1. Diabetic retinopathy
5.5.1.1. Diabetic Retinopathy Market Estimates & Forecasts 2016-2028 (USD Million)
5.5.2. Retinal detachment
5.5.2.1. Retinal Detachment Market Estimates & Forecasts 2016-2028 (USD Million)
5.5.3. Macular hole
5.5.3.1. Macular Holes Market Estimates & Forecasts 2016-2028 (USD Million)
5.5.4. Vitreous hemorrhage
5.5.4.1. Vitreous Hemorrhage Market Estimates & Forecasts 2016-2028 (USD Million)
5.5.5. Others
5.5.5.1. Other Market Estimates and Forecasts 2016 to 2028 (USD Million)

Chapter 6. Vitrectomy devices: end-use estimates and trend analysis
6.1. Definitions and scope
6.1.1. Hospitals
6.1.2. Ophthalmology clinics
6.1.3. Ambulatory surgery centers
6.2. End-use market share, 2020 and 2028
6.3. Segment dashboard
6.4. Global Vitrectomy Devices Market By End Use Outlook
6.5. Market size and forecast and trend analysis, 2018 to 2028 for the following
6.5.1. Hospitals
6.5.1.1. Hospital Market Estimates & Forecasts 2016-2028 (USD Million)
6.5.2. Ophthalmology clinics
6.5.2.1. Ophthalmology Clinics Market Estimates & Forecasts 2016-2028 (USD Million)
6.5.3. Outpatient surgery centers
6.5.3.1. Ambulatory Surgery Center Market Estimates & Forecasts 2016-2028 (USD Million)

Chapter 7. Vitrectomy Devices Market: Regional Estimates and Trend Analysis

Chapter 8. Competitive landscape
8.1. Recent developments and impact analysis, by the main market players
8.2. Categorization of companies / competitions
8.2.1. Innovators
8.2.2. Market leaders
8.2.3. Emerging players
8.3. Supplier landscape
8.3.1. List of main distributors and distribution partners
8.3.2. The main clients
8.3.3. Market share analysis of key companies, 2020
8.4. Public enterprises
8.4.1. Analysis of the company’s position in the market (revenues, geographic presence, product portfolio, key service industries, key alliances)
8.4.2. Market share / company ranking, by region
8.4.3. Competitive dashboard analysis
8.4.3.1. Market differentiators
8.4.3.2. Synergy analysis: major transactions and strategic alliances
8.5. Private companies
8.5.1. List of top emerging companies / technology disruptors / innovators
8.5.2. Funding prospects
8.5.3. Regional network map
8.5.4. Analysis of the company’s position in the market (geographic presence, product portfolio, key alliance, industry experience)
8.6. Supplier ranking
8.7. Key Company Profile
8.7.1. Alcon Inc.
8.7.1.1. Company presentation
8.7.1.2. Financial performance
8.7.1.3. Comparative analysis of products
8.7.1.4. Strategic initiatives
8.7.2. Bausch & Lomb Incorporated
8.7.2.1. Company presentation
8.7.2.2. Financial performance
8.7.2.3. Comparative analysis of products
8.7.2.4. Strategic initiatives
8.7.3. BVI
8.7.3.1. Company presentation
8.7.3.2. Financial performance
8.7.3.3. Comparative analysis of products
8.7.3.4. Strategic initiatives
8.7.4. NIDEK CO., LTD.
8.7.4.1. Company presentation
8.7.4.2. Financial performance
8.7.4.3. Comparative analysis of products
8.7.4.4. Strategic initiatives
8.7.5. Johnson & Johnson Vision Care, Inc.
8.7.5.1. Company presentation
8.7.5.2. Financial performance
8.7.5.3. Comparative analysis of products
8.7.5.4. Strategic initiatives
8.7.6. Flashing Medical
8.7.6.1. Company presentation
8.7.6.2. Financial performance
8.7.6.3. Comparative analysis of products
8.7.6.4. Strategic initiatives
8.7.7. Topcon Corporation
8.7.7.1. Company presentation
8.7.7.2. Financial performance
8.7.7.3. Comparative analysis of products
8.7.7.4. Strategic initiatives
8.7.8. Carl Zeiss Meditec SA
8.7.8.1. Company presentation
8.7.8.2. Financial performance
8.7.8.3. Comparative analysis of products
8.7.8.4. Strategic initiatives
8.7.9. Hoya surgical optics
8.7.9.1. Company presentation
8.7.9.2. Financial performance
8.7.9.3. Comparative analysis of products
8.7.9.4. Strategic initiatives

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

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