Global Vitrectomy Devices Market Size, Trends & Growth Opportunity, By Product (Photocoagulation Lasers, Illumination Devices, Vitreoretinal Packs, Vitrectomy Machines, Vitrectomy Probes, Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Others), By Region and Forecast till 2027.
Report ID : QR1001369 | Industries : Healthcare | Published On :January 2022 | Page Count : 237Global Vitrectomy Devices Market
The global Vitrectomy Devices market was valued at USD 1.0 billion in 2020 which expected to reach USD 1. 5 billion by 2027 at a CAGR 6.4% from 2020-2027.
Vitrectomy is a surgical procedure that removes the vitreous gel from the eye. When there is a retinal detachment with vitreous hemorrhages, this procedure is performed. Furthermore, it is used for a variety of repairs, including scar tissue removal and treatment for small holes or tears in the macula.
Market Drivers
Diabetes' increasing prevalence is expected to increase the likelihood of diabetic retinopathy, contributing to market growth. Furthermore, the growing demand for vitrectomy due to its associated benefits in providing support for other ophthalmic surgeries is expected to drive market growth.
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Market Restraints
In developing countries, there is a lack of awareness and access to eye care. Many developing countries, including India, Kenya, Saudi Arabia, South Africa, and Israel, have a large rural population, and people in this group have little or no knowledge or awareness of eye diseases. Access to sophisticated eye care is also declining or restricted in these economies. Scarcity and lack of access to primary eye care are major factors contributing to the rise in blindness.
COVID-19 Impact on the Vitrectomy Devices Market
The COVID-19 pandemic has emerged as an unprecedented health concern, having a significant impact on the market value of vitreoretinal surgery devices. The global economy and several industrial structures, including the healthcare sector, have been impacted by the coronavirus outbreak. In order to reduce the spread of the SARS-CoV-2 virus, several countries imposed national lockdowns and declared emergencies. Hospital admissions and services were prioritised for COVID-19 patients, with the majority of other medical procedures halted.
Market Segmentation
The Global Vitrectomy Devices Market is segmented into Product, End User. By Product such as Photocoagulation Lasers, Illumination Devices, Vitreoretinal Packs, Vitrectomy Machines, Vitrectomy Probes, Others. Further, market is segmented into By End User such as Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Others.
Regional Analysis
Global Vitrectomy Devices Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North America Vitrectomy Devices market is expected to remain the largest regional market in the global Vitrectomy Devices market, followed by the Europe vitreoretinal surgery devices market.
The increase in the number of trauma cases resulting in retinal tear and detachment, as well as the higher incidence of retinal detachment in elderly and adult patients, is increasing demand for vitrectomy treatment of retinal defects. This is expected to increase demand for Vitrectomy Devices.
Key Players
Various key players are listed in this report such as Alcon, Inc., Bausch & Lomb, Inc., OCULUS Optikgeräte GmbH, MedOne Surgical, Inc., Carl Zeiss Meditec AG, Designs for Vision, Inc., Peregrine Surgical, and D.O.R.C. Dutch Ophthalmic Research Center (International) B.V.
Market Taxonomy
By Product
- Photocoagulation Lasers
- Illumination Devices
- Vitreoretinal Packs
- Vitrectomy Machines
- Vitrectomy Probes
- Others
By End User
- Hospitals
- Specialty Clinics
- Ambulatory Surgery Centers
- Others
By Region
- North America
- Latin America
- Europe
- China
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Vitrectomy Devices Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Global Vitrectomy Devices Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Vitrectomy Devices Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Vitrectomy Devices Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Vitrectomy Devices Market Share Analysis, By Product
5.3 Global Vitrectomy Devices Market Size and Forecast, By Product
5.3.1 Photocoagulation Lasers
5.3.2 Illumination Devices
5.3.3 Vitreoretinal Packs
5.3.4 Vitrectomy Machines
5.3.5 Vitrectomy Probes
5.3.6 Others
6 Global Vitrectomy Devices Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Vitrectomy Devices Market Share Analysis, By End User
6.3 Global Vitrectomy Devices Market Size and Forecast, By End User
6.3. 1 Hospitals
6.3.2 Specialty Clinics
6.3.3 Ambulatory Surgery Centers
6.3.4 Others
7 Global Vitrectomy Devices Market, By Region
7.1 Global Vitrectomy Devices Market Share Analysis, By Region
7.2 Global Vitrectomy Devices Market Share Analysis, By Region
7.3 Global Vitrectomy Devices Market Size and Forecast, By Region
8 North America Vitrectomy Devices Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Vitrectomy Devices Market Share Analysis, By Product
8.3 North America Vitrectomy Devices Market Size and Forecast, By End User
8.4 North America Vitrectomy Devices Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Vitrectomy Devices Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Vitrectomy Devices Market Share Analysis, By Product
9.3 Europe Vitrectomy Devices Market Size and Forecast, By End User
9.4 Europe Vitrectomy Devices Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Vitrectomy Devices Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Vitrectomy Devices Market Share Analysis, By Product
10.3 Asia Pacific Vitrectomy Devices Market Size and Forecast, By End User
10.4 Asia Pacific Vitrectomy Devices Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Vitrectomy Devices Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Vitrectomy Devices Market Share Analysis, By Product
11.3 Latin America Vitrectomy Devices Market Size and Forecast, By End User
11.4 Latin America Vitrectomy Devices Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Vitrectomy Devices Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Vitrectomy Devices Market Share Analysis, By Product
12.3 Middle East Vitrectomy Devices Market Size and Forecast, By End User
12.4 Middle East Vitrectomy Devices Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Alcon, Inc
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Bausch & Lomb, Inc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. OCULUS Optikgeräte GmbH
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 MedOne Surgical, Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Carl Zeiss Meditec AG
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Designs for Vision, Inc
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Peregrine Surgical
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 D.O.R.C. Dutch Ophthalmic Research Center (International) B.V.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies