Vitreoretinal Surgery Devices Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
1 Aug, 2023
The global vitreoretinal surgery devices market size is expected to grow from $1.7 billion in 2022 to $1.99 billion in 2023 at a compound annual growth rate (CAGR) of 6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global vitreoretinal surgery devices market size is expected to reach $2.43 billion in 2027 at a CAGR of 5.2%.
Global Vitreoretinal Surgery Devices Market Key Driver
The increasing prevalence of eye disorders is projected to drive the growth of the vitreoretinal surgical device market in the future. Eye disorders are non-neoplastic or neoplastic diseases of the eye. Macular degeneration, cataracts, diabetes-related retinopathy, glaucoma, and retinal detachment are all treated with vitreoretinal surgical devices.
Get a sample of the global vitreoretinal surgery devices market reportGlobal Vitreoretinal Surgery Devices Market Segments
The global vitreoretinal surgery devices market is segmented:
1) By Product: Photocoagulation Lasers, Illumination Devices, Vitrectomy Machines, Vitrectomy Probes, Vitreoretinal Packs, Other Products
2) By Surgery: Anterior Vitreoretinal Surgery, Posterior Vitreoretinal Surgery
3) By Application: Diabetic Vitreous Hemorrhage, Retinal Detachment, Macular Hole, Other Applications
4) By End-Users: Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Other End-Users
5) By Geography: The regions covered in the vitreoretinal surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global vitreoretinal surgery devices market.
Major Vitreoretinal Surgery Devices Industry Players
Alcon Inc., Bausch & Lomb Inc., OCULUS Optikgerate Gmbh, MedOne Surgical Inc., Carl Zeiss Meditec AG, Peregrine Surgical Group Pvt. Ltd., D.O.R.C. Dutch Ophthalmic Research Center (International) B.V., Paragon Care Group Pvt. Ltd., Topcon Corporation, Geuder AG, IRIDEX Corporation, Ellex Medical Lasers, Erbe Elektromedizin, Design For Vision Inc., BVI Medical Inc
Get the full global vitreoretinal surgery devices market reportVitreoretinal Surgery Devices Market Overview
Vitreoretinal surgery devices are specialized medical instruments that have typically incorporated a peristaltic pump, a venturi pump, or a combination of both to manage fluids. It is used for the removal of core vitrectomy, membrane cutting, and hyaloid and vitreous bases. These vitreoretinal surgical instruments feature improved flow control and less retinal traction.
Vitreoretinal Surgery Devices Global Market Report 2023 provides data on the global vitreoretinal surgery devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The vitreoretinal surgery devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.