Vitrectomy Devices Market Size, Share, and Analysis, By Product (Vitrectomy Machines, Vitrectomy Packs, Photocoagulation Lasers, Illumination Devices), By Application (Diabetic Retinopathy, Retinal Detachment, Macular Hole, Vitreous Haemorrhage, Others),

Vitrectomy Devices Market Size, Share, and Analysis, By Product (Vitrectomy Machines, Vitrectomy Packs, Photocoagulation Lasers, Illumination Devices), By Application (Diabetic Retinopathy, Retinal Detachment, Macular Hole, Vitreous Haemorrhage, Others), By End Use (Hospitals, Ophthalmic Clinics, Ambulatory Surgical Centers) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Vitrectomy Devices Market size was USD 1.19 billion in 2021 and projected to grow from USD 1.4 billion in 2023 to USD 2.5 billion by 2032, exhibiting a CAGR of 6.8% during the forecast period.

Vitrectomy devices or tools are the vital medical instruments for the vitrectomy surgery. The frequently used devices include tamponades, vitrectomy machines, light pipes, scissors, lasers, and probes. Vitrectomy is performed to remove the vitreous and replace it with another fluid. The method is also applied in retinal detachment to prevent traction. This simplifies the procedure for various ophthalmic procedures and no longer allows the retina to detach.

MARKET HIGHLIGHTS

Vitrectomy Devices Market is expected to reach USD 2.5 billion, growing at a CAGR of 6.8% during the forecast period owing to the rising cases of retinal injuries or damage and eye-related issues due to the growing geriatric population, which drives ophthalmic disorders. Increasing admissions in hospitals for retinal procedures like vitrectomies are also expected to rise. These factors are expected to boost the growth of Vitrectomy Devices Market over the forecast period.

Vitrectomy Devices Market Segments:

• Product
• Vitrectomy Machines
• Vitrectomy Packs
• Photocoagulation Lasers
• Illumination Devices
• Application
• Diabetic Retinopathy
• Retinal Detachment
• Macular Hole
• Vitreous Hemorrhage
• Others
• End Use
• Hospitals
• Ophthalmic Clinics
• Ambulatory Surgical Centers

MARKET DYNAMICS

Growth Drivers

Growing Geriatric Population and Awareness for Affordable Surgeries are Expected to Boost the Market Growth

Increasing Number of Hospital Admissions for RRD is Expected to Boost the Market Growth

Restraint

Number of Hazards Associated with the Vitrectomy Surgeries May Restrain the Market Growth

Key Players

• Alcon Inc.
• Bausch & Lomb Incorporated
• Topcon Corporation
• Johnson & Johnson Vision Care Inc.
• Carl Zeiss Meditec AG
• Haag-Streit Group
• BVI Medical
• NIDEK CO. LTD
• DORC Holding B.V.
• Hoya Surgical Optics
• Toshbro Medicals
• Iridex Corporation
• OphthalmologyWeb
• GEUDER AG
• Durr Technik
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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