Global Market study on Vitreoretinal Surgery Devices: Enhanced Image Resolution and Development in Cutter Blade Technology to Create Profitable Opportunities


Vitreoretinal Surgery Devices  Market
  • Published On : Apr-2019 |
  • Pages : 234 Pages |
  • Format :

PMR’s recent market study titled “Vitreoretinal Surgery Devices Market: Global Industry Analysis 2014 – 2018 and Opportunity Assessment 2019 – 2029” comprises a comprehensive assessment of the key market dynamics. Upon conducting thorough research on the historic as well as current growth parameters of the vitreoretinal surgery devices market, the growth prospects of the vitreoretinal surgery devices market have been obtained with maximum precision. The report features the unique and salient factors that are likely to have a significant impact on the development of the vitreoretinal surgery devices market during the forecast period. These factors can help market players modify their manufacturing and marketing strategies to envisage maximum growth in the vitreoretinal surgery devices market in the coming years. The report provides detailed information about the current and future growth prospects of the vitreoretinal surgery devices market in the most comprehensive way for the better understanding of readers. The wearable devices segment in one of the most promising revenue-generating segments in the vitreoretinal surgery devices market.

Chapter 1 – Executive Summary

The report commences with the executive summary of the vitreoretinal surgery devices market, which includes a summary of the key findings and statistics. It also includes the market value (US$ million) estimates of the prominent segments of the vitreoretinal surgery devices market.

Chapter 2 – Market Introduction

Readers can find detailed taxonomy and definitions pertaining to the vitreoretinal surgery devices market in this chapter, which will help them understand the basic information about the market dynamics, company share, cost structure, pricing analysis, a list of key distributors & suppliers, and a list of the key market participants in the vitreoretinal surgery devices market are included in the report.

Chapter 3 – Key Market Trends

In this chapter, readers can find information about the key market trends and developments in the Vitreoretinal surgery devices market and the market associated factors affecting the trends in each region. Readers can find details of market trends, epidemiology, regulatory scenario, and reimbursement, as well as other aspects covering this market.

Chapter 4 – Key Success Factors

Readers can find detailed information about significant impacting factors such as the sales trend of vitreoretinal surgery devices and key factor that are impacting the growth of the vitreoretinal surgery devices market. This chapter also includes a detailed analysis on the proposed growth prospects of the vitreoretinal surgery devices market.

Chapter 5 – Pricing Analysis

The readers can find information about the pricing analysis in the global vitreoretinal surgery devices market by key product segments. Readers can understand important qualitative, and quantitative pricing information about the vitreoretinal surgery devices, as well as pricing forecasts.

Chapter 6 – Global Vitreoretinal Surgery Devices Market Demand (Value US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029

This chapter includes a detailed analysis of the growth of the vitreoretinal surgery devices market, along with a country-wise assessment. Readers can also find information on the global trends in the vitreoretinal surgery devices market, along with regulations and company share analysis and market growth on the basis of product type, application, and end user.

Chapter 7 – Market Background

This section contains major indices for the vitreoretinal surgery devices. Some of them include the vitreoretinal surgery devices market trends, drivers, opportunities, and restraints.

Chapter 8 – Global Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment 2019–2029 by Product Type

Based on the product type, the vitreoretinal surgery devices market has been segmented into vitrectomy accessories, vitrectomy packs, vitrectomy machines, and disposables. In this chapter, readers can find information about the key trends and developments in the vitreoretinal surgery devices market and market attractive analysis based on the product type for each region.

Chapter 9 – Global Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029 by Application

Based on the application, the vitreoretinal surgery devices market has been segmented into diabetic vitreous hemorrhage, retinal detachment, macular hole, and others. In this chapter, readers can find information about the key trends and developments in the vitreoretinal surgery devices market and market attractive analysis based on application for each region.

.Chapter 10 – Global Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029 by End User

Based on end user, the vitreoretinal surgery devices market has been segmented into hospitals, eye clinics, and ambulatory surgical centers. In this chapter, readers can find information about the key trends and developments in the vitreoretinal surgery devices market and the market attractive analysis based on the end user for each region.

Chapter 11 – Global Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029 by Region

This chapter explains how the vitreoretinal surgery devices market is expected to grow across various geographic regions, such as North America, Latin America, Europe, East Asia, South Asia, Oceana and the Middle East & Africa (MEA).

Chapter 12 – North America Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029

This chapter includes a detailed analysis of the growth of the North America vitreoretinal surgery devices market, along with a country-wise assessment of the U.S. and Canada. Readers can also find information on the regional trends in the vitreoretinal surgery devices market, along with regulations and company share analysis and market growth on the basis of product type, application, end user, and country.

Chapter 13 – Latin America Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029

Readers can find detailed information about factors such as the pricing analysis of vitreoretinal surgery devices and the regional trends that are impacting the growth of the Latin America vitreoretinal surgery devices market. This chapter also includes the growth prospects of the vitreoretinal surgery devices market in prominent LATAM countries such as Brazil, Mexico, and the Rest of Latin America.

Chapter 14 – Europe Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029

Important growth prospects of the vitreoretinal surgery devices market based on product type, application, and end user in several European countries, such as Germany, the U.K., France, Italy, Spain, Russia, and the rest of Europe, have been included in this chapter.

Chapter 15 – East Asia Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029

Japan and China are the prominent regions in the East Asia market. Thus, they are the prime subjects of assessment to obtain the growth prospects of the East Asia vitreoretinal surgery devices market. In this chapter, readers can find detailed information about the growth parameters of the East Asia vitreoretinal surgery devices market for the period 2019–2029.

Chapter 16 – South Asia Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029

India, Thailand, Malaysia, Indonesia, Philippines, and the Rest of South Asia are the prominent regions in the South Asia market. Thus, they are the prime subjects of assessment to obtain the growth prospects of the South Asia vitreoretinal surgery devices market. In this chapter, readers can find detailed information about the growth parameters of the South Asia vitreoretinal surgery devices market for the period 2019–2029.

Chapter 17– Oceana Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029

Australia and New Zealand are the prominent regions in the Oceana market. Thus, they are the prime subjects of assessment to obtain the growth prospects of the Oceana vitreoretinal surgery devices market. In this chapter, readers can find thorough information about the growth parameters of the Oceana vitreoretinal surgery devices market for the period 2019–2029.

Chapter 18 – MEA Vitreoretinal Surgery Devices Market Analysis 2014–2018 & Opportunity Assessment, 2019–2029

This chapter provides information on how the vitreoretinal surgery devices market is expected to grow in the major countries of the MEA region, such as GCC Countries and South Africa, during the period 2019–2029. Readers can find important factors that are estimated to have a significant impact on the growth of the vitreoretinal surgery devices market in MEA during the forecast period. This chapter also provides an overview of the regulations, drivers, restraints, and trends prevalent in the MEA vitreoretinal surgery devices market.

Chapter 19 – Competition Landscape, Company Share and Company Profiles

In this chapter, readers can find a comprehensive list of all the leading stakeholders in the vitreoretinal surgery devices market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Market players featured in the vitreoretinal surgery devices report include Alcon, Inc., Dutch Ophthalmic Research Center International B.V., Bausch & Lomb Incorporated, Geuder AG, Carl Zeiss, Topcon Corporation, IRIDEX Corporation, Ellex Medical Lasers, and Erbe Elektromedizin.

Chapter 20 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 21 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the vitreoretinal surgery devices market.

Global vitreoretinal surgery devices market size registered in 2018 was nearly US$ 1,580 Mn. The vitreoretinal surgery devices market is expected to expand at a 6.0% CAGR in terms of value over 2019-2029.

vitreoretinal surgery devices market

According to recent statistical data of the World Health Organization (WHO),

  • A significant patient population suffers from eye disorders, especially retinal disorders such as diabetic retinopathy, retinal detachment, retinal tear, and macular degeneration.
  • Diabetic retinopathy is very common among older age groups, and approximately 25% of the population affected with retinal defect in the U.S. alone is primarily affected with diabetic retinopathy.
  • Retinal detachment is also among the prime causes of loss of vision. According to the data from US Centre for Diseases Control and Prevention (CDC), the loss of workforce due to retinal detachment amounts to approximately US$ 80 billion per annum in the US alone.

The high incidence rate of retinal detachment is expected to result in the high demand for vitrectomy devices, such as vitreoretinal surgery accessories and vitreoretinal surgery disposables worldwide, particularly in the US.

The North America vitreoretinal surgery devices market, followed by the Europe vitreoretinal surgery devices market, is estimated to remain the largest regional markets in the global vitreoretinal surgery devices market. Growth in the number of trauma cases associated with retinal tear and detachment, as well as the higher incidence of retinal detachment in elderly and adult patients, is boosting the demand for the treatment of retinal defects by vitrectomy. This is also estimated to fuel the demand for vitreoretinal surgery devices.

South Asia and East Asia hold a significant growth potential for the vitreoretinal surgery devices market. Rapid technological advancements in Japan as well as in the fast-progressing economies, such as China and India, and an increase in the focus of the manufacturers of vitreoretinal surgery devices in these regions, coupled with the low cost of manufacturing, are among factors facilitating the entry of new manufacturers of vitreoretinal surgery devices to these regions. These factors are estimated to offer lucrative growth opportunities for regional manufacturers in the vitreoretinal surgery devices market.

Vitrectomy accessories are expected to remain the most preferred vitreoretinal surgery devices. The higher incidence rate of retinal detachment is a prime factor responsible for the high consumption of vitrectomy accessories in procedures, as compared to other disposable vitreoretinal surgery devices. This is boosting the sales of vitreoretinal surgery device accessories. Moreover, the economic cost of these devices is another key factor that is boosting the adoption of vitreoretinal surgery devices.

Increase in the Number of Mergers & Acquisitions Among Key Players in the Vitreoretinal Surgery Devices Market

Since the past few years, mergers & acquisitions in the vitreoretinal surgery devices market have been growing rapidly to increase & develop geographic presence and to achieve operating proficiencies. In the vitreoretinal surgery devices market, there has been steady growth in the number of mergers & acquisitions across planned as well as profitable buyers.

Increasing mergers and acquisitions among manufacturers is expected to boost the vitreoretinal surgery devices market. For an instance, Bausch & Lomb Incorporated’s acquisition of Synergetics USA Inc. The latter is one of the leading providers of surgical and medical eye care instruments.

Expansion of Services Offered for Vitreoretinal Surgery Devices

Vision insurance can offer benefits to individuals by paying the expenditures related to eye care, which include yearly routine eye check-up, vision-corrective eye surgery, cataract lens exam, sudden blindness, diabetic retinopathy, & more. Policies and benefits are likely to vary based on the carrier. Now, eye insurance providers are beginning to increase the retinal and cornea-related benefits as per the changing needs of insurers and policyholders & their families.

The four key provider groups that fulfil eye health and vitreoretinal surgery devices needs are Optometrists (ODs), ophthalmologists, Family Physicians/General Practitioners (FPs/GP), and Nurse Practitioners (NPs), which are witnessing steady growth across the world. Owing to these factors, the vitreoretinal surgery devices market is estimated to observe significant growth during the study period.

Increased Popularity of Higher Gauge Range of Vitrectomy Cutters in Vitreoretinal Surgery Devices Market

The popularity of intervention vitrectomy has been increasing every year. Technological advancements in terms of the product design and safety is another prime factor responsible for the high demand for technological advanced vitrectomy cutters and vitreoretinal devices worldwide.

The Dutch Ophthalmic Research Centre has developed TDC, a technology that features two cutters located at the openings of the guillotine shaft positioned inside. This design enables vitreous cutting action in the backward as well as the forward movements. The main benefits of this technology include higher cutting rates of up to 14,000 to 16,000 cpm, improved flow rate, and reduced retinal threshold traction. This is estimated to boost the vitreoretinal surgery devices market.

Vitreoretinal Surgery Devices Market: Competition Landscape Analysis

The global vitreoretinal surgery devices market represents a consolidated competition landscape, wherein Tier 1 companies hold a revenue share of more than 70% of the vitreoretinal surgery devices market. Some of the preferred vendors in the vitreoretinal surgery devices market include Dutch Ophthalmic Research Centre International B.V., Alcon Inc., Bausch & Lomb Incorporated, Carl Zeiss, Geuder AG, Topcon Corporation, IRIDEX Corporation, Ellex Medical Lasers, and Erbe Elektromedizin.

The high adoption rate of vitreoretinal surgery devices in vitrectomy and a strong brand presence of key manufacturers in the developed region is segregating key market players in one place. The report offers the key aspects that are impacting the development and revenue growth of the key companies. While most of the key players maintain a strategic focus on the developed regions and European markets, the report underscores that technology assessment will be an important developmental strategy for companies.

Prime players in the vitreoretinal surgery devices market are concentrating on introducing technologically advanced products for the treatment of retina care as well as the growing adoption of vitrectomy for the treatment of retinal detachment. However, the technological advantages provided by these products are among the primary competitive factors. Key entrants in the vitreoretinal surgery devices market, such as Alcon and Bausch & Lomb Inc., are aiming to launch new products, such as the precision accessory packs combining with advanced Vitreoretinal Surgery Devices utilizing the technological advantage of Optical Coherence Tomography (OCT) and associated vitreoretinal surgery devices, to boost their product offerings in the market.

The manufacturers of vitrectomy machines, such as Alcon, Bausch & Lomb Inc., and Dutch Ophthalmic Research Center International BV, have been noticeably contributing to the growth of the vitreoretinal surgery devices market. The growing trend of regular eye check-ups is generating high demand for vitrectomy procedures and subsequently increasing the number of new entrants in the vitreoretinal surgery devices market. 

Companies Profiles

  • Alcon, Inc.
  • Dutch Ophthalmic Research Center International B.V.
  • Bausch & Lomb Incorporated
  • Geuder AG
  • Carl Zeiss
  • Hooya Corporation
  • Cooper vision
  • Ellex Medical Lasers
  • Safilo Group 
  • Rodenstock
  • Erbe Elektromedizin
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