Global Cataract Devices Market 2016-2020

About the Cataract Devices Market

Cataract is the major cause of reversible blindness and visual impairment worldwide. Individuals with cataract can maintain a visual acuity of 20/20. However, over a period, may see cloudy patches in their field of vision that can become larger if the cataract worsens. Cataract can affect one or both eyes. The rise in the number of older people with cataract and evolving surgical techniques such as the use of IOLs and femtosecond lasers will boost the demand for cataract devices. Early detection, regular eye examinations, and treatment can preserve a person's eyesight. In addition, using femtosecond lasers for cataract surgery produces better refractive results and precision.

Technavio’s analysts forecast the global cataract devices market to grow at a CAGR of 6.43% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global cataract devices market for 2016-2020. To calculate the market size, the report considers the revenue generated from the following applications:

  • IOLs
  • Ophthalmic viscoelastic devices (OVDs)
  • Femtosecond lasers
  • Phacoemulsification equipment
The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cataract Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Abbott Medical Optics
  • Alcon
  • Aurolab
  • Bausch and Lomb
  • Carl Zeiss Meditec
  • HOYA
Other prominent vendors
  • Allergan
  • Essilor International
  • HumanOptics
  • NIDEK
  • Ophtec
  • Rayner Intraocular Lenses
  • STAAR Surgical
  • TOPCON
Market driver
  • Growing demand from emerging economies
  • For a full, detailed list, view our report
Market challenge
  • Shortage of ophthalmologists
  • For a full, detailed list, view our report
Market trend
  • Growing demand for femtosecond laser systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Cataract Devices Market 2016-2020

Technavio recognizes the following companies as the key players in the global cataract devices market: Abbott Medical Optics, Alcon, Aurolab, Bausch and Lomb, Carl Zeiss Meditec, and HOYA.

Other Prominent Vendors in the market are: Allergan, Essilor International, HumanOptics, NIDEK, Ophtec, Rayner Intraocular Lenses, STAAR Surgical, and TOPCON.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is boosting market growth is the growing demand for femtosecond laser systems. Femtosecond laser technology for cataract surgery is expected to gain extensive application, after its success in corneal, refractive, and scleral surgeries. Femtosecond laser is a precise cutting instrument that can be applied to capsulorhexis and lens fragmentation. This technology is used in phacoemulsification equipment and enables obtaining optimal patient outcomes.”

According to the report, a key growth driver is the growing demand from emerging economies. Emerging economies such as India, China, Brazil, Russia, and South Africa are expected to be the significant contributors to market growth during the forecast period. In addition, the markets in emerging economies are expected to grow three times faster than developed markets in the coming years. The market in these countries will be driven by the increase in population (especially the older population), evolving demographics, rising disposable income, modernization of healthcare systems, and growing demand for the treatment of ophthalmic disorders.

Further, the report states that one challenge that could restrict market growth is the shortage of ophthalmologists.



Companies Mentioned

Abbott Medical Optics, Alcon, Aurolab, Bausch and Lomb, Carl Zeiss Meditec, HOYA, Allergan, Essilor International, HumanOptics, NIDEK, Ophtec, Rayner Intraocular Lenses, STAAR Surgical, TOPCON.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global cataract devices market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Regulatory approval process
    • Background
  • Cataract: Disease overview
    • Causes
      • Table Causes of cataract
    • Types
      • Table Types of cataract
    • Symptoms
    • Diagnosis
      • Table Diagnosis of cataract
  • Market segmentation by product type
    • Table Segmentation of global cataract devices market by product
    • Table Segmentation of global cataract devices market by product type 2015
    • Table Segmentation of global cataract devices market by product type 2020
    • IOLs
      • Table Types of IOLs
      • Table Global IOLs market 2015-2020 ($ billions)
    • OVDs
      • Table Global OVDs market 2015-2020 ($ billions)
    • Phacoemulsification equipment
      • Table Global phacoemulsification equipment market 2015-2020 ($ millions)
    • Femtosecond lasers
      • Table Global femtosecond laser market 2015-2020 ($ billions)
      • Table Global cataract devices segmentation by product type 2015-2020 ($ billions)
      • Table Global cataract devices segmentation by product type 2015-2020
  • Geographical segmentation
    • Table Segmentation of global cataract devices market by geography 2015
    • Table Segmentation of global cataract devices market by geography 2020
    • Cataract devices market in Americas
      • Table Cataract devices market in Americas 2015-2020 ($ billions)
    • Cataract devices market in EMEA
      • Table Cataract devices market in EMEA 2015-2020 ($ billions)
    • Cataract devices market in APAC
      • Table Cataract devices market in APAC 2015-2020 ($ billions)
      • Table Segmentation of global cataract devices market by geography 2015-2020 ($ billions)
      • Table Segmentation of global cataract devices market by geography 2015-2020
  • Market drivers
    • Increasing incidence of cataract and rise in older population
      • Table Global cataract cases 2000-2020 (expected) (in millions)
    • Growing number of MI surgeries
    • Growing demand from emerging economies
    • Reimbursement coverage and healthcare initiatives
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of awareness about cataract
    • High cost of lasers in small ASCs and eye clinics
    • Shortage of ophthalmologists
    • Poor healthcare infrastructure in developing economies
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Shift toward ASCs for eye care
    • Greater access of advanced IOLs in European countries than US
    • Increase in awareness programs
    • Growing demand for femtosecond laser systems
  • Vendor landscape
    • Competitive scenario
    • Key news
    • Mergers and acquisitions
  • Key vendor analysis
    • Abbott Medical Optics
      • Table Abbott Medical Optics: Product portfolio
      • Table Abbott Medical Optics: Key takeaways
    • Alcon
      • Table Alcon: Product portfolio
      • Table Alcon: Key takeaways
    • Aurolab
      • Table Aurolab: Product portfolio
      • Table Aurolab: Key takeaways
    • Bausch and Lomb
      • Table Bausch and Lomb: Product portfolio
      • Table Bausch and Lomb: Key takeaways
    • Carl Zeiss Meditec
      • Table Carl Zeiss Meditec: Product portfolio
      • Table Carl Zeiss Meditec: Surgical ophthalmology segment revenue 2012-2014 ($ millions)
      • Table Carl Zeiss Meditec: Key takeaways
    • HOYA
      • Table HOYA: Product portfolio
      • Table HOYA: Key takeaways
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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