Retinal Surgery Device Market, Global Forecast, Impact of COVID-19, Industry Trends, by Product, Growth, Opportunity Company Analysis
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 surgically repairing torn or detached retinas are retinal surgery devices. Worldwide, devices are usually manufactured using stainless steel and medical-grade silicon for better sterility. The common symptoms of retinal diseases are blurred or distorted vision, defects inside vision or lost vision. Globally, Retinal surgeries devices are used to repair retinal torn or detached retinas through laser surgery, cryotherapy. Apart from this, the devices are also used in diabetic retinopathy and other ophthalmic procedures. According to Renub Research, the Global Retinal Surgery Device Market is projected to reach US$ 2.70 Billion by 2027.
Factors Driving the Retinal Surgery Device Industry
Furthermore, globally surging geriatric population, age-related eye disorders, say glaucoma, cataract which can cause loss of vision, is also giving traction to the market growth. More on this, macular degeneration, diabetic retinopathy currently represents the driving force towards this market. Also, worldwide, there is widespread adoption of minimally invasive surgical procedures for the treatment of such diseases, which offer various benefits like minimal pain and discomfort and quick recovery. As per this research report, Worldwide Retinal Surgery Device Market Size was valued at US$ 1.59 Billion in 2020.
Some Facts
As per WHO, by 2050, the world population aged 60 years and older is likely to be 2 billion.
The National Diabetes Statistics stated, one often is suffering from diabetes, around 9.4% of the total United States population.
Diabetic retinopathy impacts nearly 7.7 million Americans and the number likely to surge to 11.3 million by 2030.
COVID-19 Impact
The COVID-19 pandemic has spread worldwide; millions of people around the globe are infected with COVID-19 disease. Restriction and lockdowns have impacted retinal surgery as most of the medical strength have been assigned to fight the pandemic. But we believe the scenario to improve in future.
By Product
We have covered the Global Retinal Surgery Device market into Vitrectomy Machines, Vitrectomy Packs, Surgical Instruments, Microscopic Illumination Equipment, Retinal Laser Equipment and Others. Vitrectomy Pack is one of the key segments in by product category due to its adoption in the application such as combined retinal surgical procedures, vitreous removal in the mobile retina, epiretinal membrane removal, in posterior vitreous detachment procedures. As per our research analysis, Global Retinal Surgery Device Industry is likely to grow at a CAGR of 7.86% from 2020-2027.
By Application
We have studied the Global Retinal Surgery Device market into 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 suffering from type 1 or type 2 diabetes. Approximately 463 million adults aged 20-79 years were living with diabetes, according to International Diabetes Federation (IDF). And by 2045, these figures would surge to 700 million adults. Also, 79% of adults who have diabetes were from developing nations.
Regional Analysis
We covered the region, North America, Latin America, Europe, Asia Pacific, Middle East & Africa in this report. The North American region holds the dominating position in the global retinal surgery device market. The key players playing a crucial role in the retinal surgery market globally are Topcon Corporation, Alcon AG, Carl Zeiss, Bausch Health Companies Inc and Iridex Corporation.
Renub Research latest report “Retinal Surgery Device Market, Global Forecast by Product (Vitrectomy Machines, Vitrectomy Packs, Surgical Instruments, Microscopic Illumination Equipment, Retinal Laser Equipment and Others), Application (Diabetic Retinopathy, Retinal Detachment, Epiretinal Membrane, Macular Hole, and Others), End Users (Hospitals, Eye Clinics and Others), Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), Company Analysis (Topcon Corporation, Alcon AG, Carl Zeiss, Bausch Health Companies Inc and Iridex Corporation)” provides complete details on Global Retinal Surgery Devices Industry.
Product –Market breakup from 6 viewpoints
1. Vitrectomy Machines
2. Vitrectomy Packs
3. Surgical Instruments
4. Microscopic Illumination Equipment
5. Retinal Laser Equipment
6. Others
Application – Market breakup from 5 viewpoints
1. Diabetic Retinopathy
2. Retinal Detachment
3. Epiretinal Membrane
4. Macular Hole
5. Others
End User – Market breakup from 3 viewpoints
1. Hospitals
2. Eye Clinics
3. Others
Region – Market breakup from 5 viewpoints
1. North America
2. Latin America
3. Europe
4. Asia Pacific
5. Middle East & Africa
All Companies have been covered from 3 viewpoints
Overview
Recent Development & Strategies
Financial Insights
Company Analysis
1. Topcon Corporation
2. Alcon AG
3. Carl Zeiss
4. Bausch Health Companies Inc
5. Iridex Corporation
Factors Driving the Retinal Surgery Device Industry
Furthermore, globally surging geriatric population, age-related eye disorders, say glaucoma, cataract which can cause loss of vision, is also giving traction to the market growth. More on this, macular degeneration, diabetic retinopathy currently represents the driving force towards this market. Also, worldwide, there is widespread adoption of minimally invasive surgical procedures for the treatment of such diseases, which offer various benefits like minimal pain and discomfort and quick recovery. As per this research report, Worldwide Retinal Surgery Device Market Size was valued at US$ 1.59 Billion in 2020.
Some Facts
As per WHO, by 2050, the world population aged 60 years and older is likely to be 2 billion.
The National Diabetes Statistics stated, one often is suffering from diabetes, around 9.4% of the total United States population.
Diabetic retinopathy impacts nearly 7.7 million Americans and the number likely to surge to 11.3 million by 2030.
COVID-19 Impact
The COVID-19 pandemic has spread worldwide; millions of people around the globe are infected with COVID-19 disease. Restriction and lockdowns have impacted retinal surgery as most of the medical strength have been assigned to fight the pandemic. But we believe the scenario to improve in future.
By Product
We have covered the Global Retinal Surgery Device market into Vitrectomy Machines, Vitrectomy Packs, Surgical Instruments, Microscopic Illumination Equipment, Retinal Laser Equipment and Others. Vitrectomy Pack is one of the key segments in by product category due to its adoption in the application such as combined retinal surgical procedures, vitreous removal in the mobile retina, epiretinal membrane removal, in posterior vitreous detachment procedures. As per our research analysis, Global Retinal Surgery Device Industry is likely to grow at a CAGR of 7.86% from 2020-2027.
By Application
We have studied the Global Retinal Surgery Device market into 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 suffering from type 1 or type 2 diabetes. Approximately 463 million adults aged 20-79 years were living with diabetes, according to International Diabetes Federation (IDF). And by 2045, these figures would surge to 700 million adults. Also, 79% of adults who have diabetes were from developing nations.
Regional Analysis
We covered the region, North America, Latin America, Europe, Asia Pacific, Middle East & Africa in this report. The North American region holds the dominating position in the global retinal surgery device market. The key players playing a crucial role in the retinal surgery market globally are Topcon Corporation, Alcon AG, Carl Zeiss, Bausch Health Companies Inc and Iridex Corporation.
Renub Research latest report “Retinal Surgery Device Market, Global Forecast by Product (Vitrectomy Machines, Vitrectomy Packs, Surgical Instruments, Microscopic Illumination Equipment, Retinal Laser Equipment and Others), Application (Diabetic Retinopathy, Retinal Detachment, Epiretinal Membrane, Macular Hole, and Others), End Users (Hospitals, Eye Clinics and Others), Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), Company Analysis (Topcon Corporation, Alcon AG, Carl Zeiss, Bausch Health Companies Inc and Iridex Corporation)” provides complete details on Global Retinal Surgery Devices Industry.
Product –Market breakup from 6 viewpoints
1. Vitrectomy Machines
2. Vitrectomy Packs
3. Surgical Instruments
4. Microscopic Illumination Equipment
5. Retinal Laser Equipment
6. Others
Application – Market breakup from 5 viewpoints
1. Diabetic Retinopathy
2. Retinal Detachment
3. Epiretinal Membrane
4. Macular Hole
5. Others
End User – Market breakup from 3 viewpoints
1. Hospitals
2. Eye Clinics
3. Others
Region – Market breakup from 5 viewpoints
1. North America
2. Latin America
3. Europe
4. Asia Pacific
5. Middle East & Africa
All Companies have been covered from 3 viewpoints
Overview
Recent Development & Strategies
Financial Insights
Company Analysis
1. Topcon Corporation
2. Alcon AG
3. Carl Zeiss
4. Bausch Health Companies Inc
5. Iridex Corporation
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 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 Illumination 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 & Africa
11. COMPANY ANALYSIS
11.1 Topcon Corporation
11.1.1 Overview
11.1.2 Recent Development
11.1.3 Financial Insights
11.2 Alcon AG
11.2.1 Overview
11.2.2 Recent Development
11.2.3 Financial Insights
11.3 Carl Zeiss
11.3.1 Overview
11.3.2 Recent Development
11.3.3 Financial Insights
11.4 Bausch Health Companies Inc
11.4.1 Overview
11.4.2 Recent Development
11.4.3 Financial Insights
11.5 Iridex Corporation
11.5.1 Overview
11.5.2 Recent Development
11.5.3 Financial Insights
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 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 Illumination 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 & Africa
11. COMPANY ANALYSIS
11.1 Topcon Corporation
11.1.1 Overview
11.1.2 Recent Development
11.1.3 Financial Insights
11.2 Alcon AG
11.2.1 Overview
11.2.2 Recent Development
11.2.3 Financial Insights
11.3 Carl Zeiss
11.3.1 Overview
11.3.2 Recent Development
11.3.3 Financial Insights
11.4 Bausch Health Companies Inc
11.4.1 Overview
11.4.2 Recent Development
11.4.3 Financial Insights
11.5 Iridex Corporation
11.5.1 Overview
11.5.2 Recent Development
11.5.3 Financial Insights
LIST OF FIGURES:
Figure-01: Global Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-02: Forecast for – Global Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-03: Product – Vitrectomy Machines Market (Million US$), 2017 – 2020
Figure-04: Product – Forecast for Vitrectomy Machines Market (Million US$), 2021 – 2027
Figure-05: Product – Vitrectomy Packs Market (Million US$), 2017 – 2020
Figure-06: Product – Forecast for Vitrectomy Packs Market (Million US$), 2021 – 2027
Figure-07: Product – Surgical Instruments Market (Million US$), 2017 – 2020
Figure-08: Product – Forecast for Surgical Instruments Market (Million US$), 2021 – 2027
Figure-09: Product – Microscopic Illumination Equipment Market (Million US$), 2017 – 2020
Figure-10: Product – Forecast for Microscopic Illumination Equipment Market (Million US$), 2021 – 2027
Figure-11: Product – Retinal Diabetic Retinopathy Equipment Market (Million US$), 2017 – 2020
Figure-12: Product – Forecast for Retinal Diabetic Retinopathy Equipment Market (Million US$), 2021 – 2027
Figure-13: Product – Others Market (Million US$), 2017 – 2020
Figure-14: Product – Forecast for Others Market (Million US$), 2021 – 2027
Figure-15: Application – Diabetic Retinopathy Market (Million US$), 2017 – 2020
Figure-16: Application – Forecast for Diabetic Retinopathy Market (Million US$), 2021 – 2027
Figure-17: Application – Retinal Detachment Market (Million US$), 2017 – 2020
Figure-18: Application – Forecast for Retinal Detachment Market (Million US$), 2021 – 2027
Figure-19: Application – Epiretinal Membrane Market (Million US$), 2017 – 2020
Figure-20: Application – Forecast for Epiretinal Membrane Market (Million US$), 2021 – 2027
Figure-21: Application – Macular Hole Market (Million US$), 2017 – 2020
Figure-22: Application – Forecast for Macular Hole Market (Million US$), 2021 – 2027
Figure-23: Application – Others Market (Million US$), 2017 – 2020
Figure-24: Application – Forecast for Others Market (Million US$), 2021 – 2027
Figure-25: End User – Hospitals Market (Million US$), 2017 – 2020
Figure-26: End User – Forecast for Hospitals Market (Million US$), 2021 – 2027
Figure-27: End User – Eye Clinics Market (Million US$), 2017 – 2020
Figure-28: End User – Forecast for Eye Clinics Market (Million US$), 2021 – 2027
Figure-29: End User – Others Market (Million US$), 2017 – 2020
Figure-30: End User – Forecast for Others Market (Million US$), 2021 – 2027
Figure-31: North America – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-32: North America – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-33: Latin America – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-34: Latin America – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-35: Europe – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-36: Europe – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-37: Asia Pacific – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-38: Asia Pacific – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-39: Middle East and Africa – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-40: Middle East and Africa – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-41: Topcon Corporation – Global Revenue (Billion US$), 2017 – 2020
Figure-42: Topcon Corporation – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-43: Alcon AG – Global Revenue (Billion US$), 2017 – 2020
Figure-44: Alcon AG – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-45: Carl Zeiss – Global Revenue (Billion US$), 2017 – 2020
Figure-46: Carl Zeiss – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-47: Bausch Health Companies Inc – Global Revenue (Billion US$), 2017 – 2020
Figure-48: Bausch Health Companies Inc – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-49: Iridex Corporation – Global Revenue (Million US$), 2017 – 2020
Figure-50: Iridex Corporation – Forecast for Global Revenue (Million US$), 2021 – 2027
Figure-01: Global Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-02: Forecast for – Global Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-03: Product – Vitrectomy Machines Market (Million US$), 2017 – 2020
Figure-04: Product – Forecast for Vitrectomy Machines Market (Million US$), 2021 – 2027
Figure-05: Product – Vitrectomy Packs Market (Million US$), 2017 – 2020
Figure-06: Product – Forecast for Vitrectomy Packs Market (Million US$), 2021 – 2027
Figure-07: Product – Surgical Instruments Market (Million US$), 2017 – 2020
Figure-08: Product – Forecast for Surgical Instruments Market (Million US$), 2021 – 2027
Figure-09: Product – Microscopic Illumination Equipment Market (Million US$), 2017 – 2020
Figure-10: Product – Forecast for Microscopic Illumination Equipment Market (Million US$), 2021 – 2027
Figure-11: Product – Retinal Diabetic Retinopathy Equipment Market (Million US$), 2017 – 2020
Figure-12: Product – Forecast for Retinal Diabetic Retinopathy Equipment Market (Million US$), 2021 – 2027
Figure-13: Product – Others Market (Million US$), 2017 – 2020
Figure-14: Product – Forecast for Others Market (Million US$), 2021 – 2027
Figure-15: Application – Diabetic Retinopathy Market (Million US$), 2017 – 2020
Figure-16: Application – Forecast for Diabetic Retinopathy Market (Million US$), 2021 – 2027
Figure-17: Application – Retinal Detachment Market (Million US$), 2017 – 2020
Figure-18: Application – Forecast for Retinal Detachment Market (Million US$), 2021 – 2027
Figure-19: Application – Epiretinal Membrane Market (Million US$), 2017 – 2020
Figure-20: Application – Forecast for Epiretinal Membrane Market (Million US$), 2021 – 2027
Figure-21: Application – Macular Hole Market (Million US$), 2017 – 2020
Figure-22: Application – Forecast for Macular Hole Market (Million US$), 2021 – 2027
Figure-23: Application – Others Market (Million US$), 2017 – 2020
Figure-24: Application – Forecast for Others Market (Million US$), 2021 – 2027
Figure-25: End User – Hospitals Market (Million US$), 2017 – 2020
Figure-26: End User – Forecast for Hospitals Market (Million US$), 2021 – 2027
Figure-27: End User – Eye Clinics Market (Million US$), 2017 – 2020
Figure-28: End User – Forecast for Eye Clinics Market (Million US$), 2021 – 2027
Figure-29: End User – Others Market (Million US$), 2017 – 2020
Figure-30: End User – Forecast for Others Market (Million US$), 2021 – 2027
Figure-31: North America – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-32: North America – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-33: Latin America – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-34: Latin America – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-35: Europe – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-36: Europe – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-37: Asia Pacific – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-38: Asia Pacific – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-39: Middle East and Africa – Retinal Surgery Devices Market (Million US$), 2017 – 2020
Figure-40: Middle East and Africa – Forecast for Retinal Surgery Devices Market (Million US$), 2021 – 2027
Figure-41: Topcon Corporation – Global Revenue (Billion US$), 2017 – 2020
Figure-42: Topcon Corporation – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-43: Alcon AG – Global Revenue (Billion US$), 2017 – 2020
Figure-44: Alcon AG – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-45: Carl Zeiss – Global Revenue (Billion US$), 2017 – 2020
Figure-46: Carl Zeiss – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-47: Bausch Health Companies Inc – Global Revenue (Billion US$), 2017 – 2020
Figure-48: Bausch Health Companies Inc – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-49: Iridex Corporation – Global Revenue (Million US$), 2017 – 2020
Figure-50: Iridex Corporation – Forecast for Global Revenue (Million US$), 2021 – 2027
LIST OF TABLES:
Table-1: Global – Retinal Surgery Devices Market Share by Product (Percent), 2017 – 2020
Table-2: Global – Forecast for Retinal Surgery Devices Market Share by Product (Percent), 2021 – 2027
Table-3: Global – Retinal Surgery Devices Market Share by Application (Percent), 2017 – 2020
Table-4: Global – Forecast for Retinal Surgery Devices Market Share by Application (Percent), 2021 – 2027
Table-5: Global – Retinal Surgery Devices Market Share by End-User (Percent), 2017 – 2020
Table-6: Global – Forecast for Retinal Surgery Devices Market Share by End-User (Percent), 2021 – 2027
Table-7: Global – Retinal Surgery Devices Market Share by Region (Percent), 2017 – 2020
Table-8: Global – Forecast for Retinal Surgery Devices Market Share by Region (Percent), 2021 – 2027
Table-1: Global – Retinal Surgery Devices Market Share by Product (Percent), 2017 – 2020
Table-2: Global – Forecast for Retinal Surgery Devices Market Share by Product (Percent), 2021 – 2027
Table-3: Global – Retinal Surgery Devices Market Share by Application (Percent), 2017 – 2020
Table-4: Global – Forecast for Retinal Surgery Devices Market Share by Application (Percent), 2021 – 2027
Table-5: Global – Retinal Surgery Devices Market Share by End-User (Percent), 2017 – 2020
Table-6: Global – Forecast for Retinal Surgery Devices Market Share by End-User (Percent), 2021 – 2027
Table-7: Global – Retinal Surgery Devices Market Share by Region (Percent), 2017 – 2020
Table-8: Global – Forecast for Retinal Surgery Devices Market Share by Region (Percent), 2021 – 2027
