Cataract Surgery Device Market is Expected To Be Worth US$ 8.5 Billion by 2024

The Cataract Surgery Device Market is expected to exceed more than US$ 8.5 Billion by 2024 at a CAGR of 3.8% in the given forecast period.

New York, November 19, 2018: Cataract surgery devices are utilized amid the surgeries to treat Cataract, which is an eye issue that causes blurring of the focal point prompting, absconds in vision. Cataract is a standout amongst the most across the board sickness causing visual deficiency and it diminishes vision capacity. Cataract is regularly experienced to grow gradually and influence it is possible that one or both the eyes. In spite of the fact that Cataract does not interfere with the vision in the beginning times, it interferes with vision and may lead to blindness over the course of time. The symptoms of cataract include trouble with bright lights, blurry vision, faded colours, and trouble seeing in the night.

The Cataract Surgery Device Market is expected to exceed more than US$ 8.5 Billion by 2024 at a CAGR of 3.8% in the given forecast period.

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Market Research Engine has published a new report titled as “Cataract Surgery Device Market By Product (Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment, Femtosecond Laser Equipment); By Application (Ophthalmology Centers, Hospitals, Clinics) and by Regional Analysis - Global Forecast by 2018 – 2024”.

The Cataract Surgery Device Market is segmented on the lines of its technology, component, vehicle type and regional. On the basis of product segmentation, it includes Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment and Femtosecond Laser Equipment. Based on application classification it covers Ophthalmology Centres, Hospitals and Clinics. The Cataract Surgery Device Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The Cataract Surgery Device Market has been segmented as below:

By Product:

Intraocular lens (IOL)
Ophthalmic Viscoelastic Device (OVD)
Phacoemulsification Equipment
Femtosecond Laser Equipment

By Application:

Ophthalmology Centers
Hospitals
Clinics

 

 

The major driving factors of Cataract Surgery Device Market are as follows:

Growing geriatric population worldwide
Increasing prevalence of cataract and rise in geriatric population
Growth in technological advancement in healthcare sector globally

The major restraining factors of Cataract Surgery Device Market are as follows:

Lack of skilled professionals
Insufficient insurance coverage
Lack of awareness about eye disorders and improper healthcare infrastructure

The major opportunities of Cataract Surgery Device Market are as follows:

Increasing medical tourism for low cost cataract surgery
Governments introduce programs to reduce the burden of cataract-related diseases

This report provides:

1) An overview of the global market for Cataract Surgery Device Marketand related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Cataract Surgery Device Market

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Report Scope:

The scope of the report includes a detailed study of Cataract Surgery Device Marketwith the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Alcon, Abbott Laboratories, Carl Zeiss Meditech, Essilor International, Opcon Corporation, Allergan, Bausch & Lomb and STAAR Surgical Company. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

Reasons to Buy this Report:

Obtain the most up to date information available on all Cataract Surgery Device Market.
Identify growth segments and opportunities in the industry.
Facilitate decision making on the basis of strong historic and forecast of Cataract Surgery Device Market.
Assess your competitor’s refining portfolio and its evolution.

 

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We can offer you custom research reports as per client’s special requirements.

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Table of Contents:

Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Stakeholders
Research Methodology
Report Summary
Market Overview
Cataract Surgery Device Market Analysis, By Product
Cataract Surgery Device Market Analysis, By Applicatio
Cataract Surgery Device Market Analysis, By Region
Competitive Overview
Company Profiles
9.1 Alcon
9.2 Abbott Laboratories
9.3 Carl Zeiss Meditech
9.4 Essilor International
9.5 Opcon Corporation
9.6 Allergan
9.7 Bausch & Lomb
9.8 STAAR Surgical Company

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Organization: Market Research Engine
Website: https://www.marketresearchengine.com/

Release ID: 447953