Belgium Ophthalmic Surgical Devices Market, By Product Type (Implant, Consumables, Equipment), Disease Type (Glaucoma, Retinal Diseases, Dry Eye Disease, Allergy & Infections and Others), Surgery Devices (Cataract Surgery Devices, Refractive Surgery Devices, Glaucoma Surgery Devices, Vitreoretinal Surgery Devices), End User (Hospitals, Ophthalmic Clinics and Others), Country (Belgium) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Belgium Ophthalmic Surgical Devices Market
The Belgium ophthalmic surgical devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 1.9% in the forecast period of 2021 to 2028 and expected to reach USD 64.35million by 2028. The increasing technological advances in order to produce surgical devices are boosting the demand of the ophthalmic surgical devices market.
An ophthalmic medical device is a gadget used in optometry and ophthalmology to serve a medical purpose. Ophthalmology is the study of eye-related medical disorders and ophthalmologists are specialists who specialize in treating this organ medically and surgically. If someone exhibits signs of cataracts, eye infections, optic nerve difficulties, or other eye diseases, a general practitioner may send them to an ophthalmologist.
The development of innovative IOLs for cataract surgery, glaucoma, and refractive surgery are advantageous for the healthcare industry. Key manufacturers of the ophthalmic surgery devices market are innovating and launching their products in the market, leading to increased revenue generation which is good factor driving the market growth. The high cost of procedures acts as a restraint for its growth in Belgium ophthalmic surgical devices market.
Large numbers of market players are involved in offering healthcare ophthalmic surgical devices products with innovations that pave the way for the ophthalmic surgical devices market growth.
The ophthalmic surgical device market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Belgium Ophthalmic Surgical Devices Market scope and market size
Belgium ophthalmic surgical devices market is categorized into four notable segments based on the product type, disease type, surgery devices, and end user.
- On the basis of product type, the Belgium ophthalmic surgical devices market is segmented into implants, consumables and equipment. In 2021, the implants segment is expected to dominate the ophthalmic surgical devices market because of the increase in demands for the implants that are used in various ophthalmic surgeries for a particular eye disorder.
- On the basis of disease type, the Belgium ophthalmic surgical devices market is segmented into glaucoma, retinal diseases, dry eye disease, allergy & infections and others. In 2021, the glaucoma segment is going to dominate the market due to increase in the prevalence of this disease.
- On the basis of surgery devices, the Belgium ophthalmic surgical devices market is segmented into cataract surgery devices, refractive surgery devices, glaucoma surgery devices and vitreoretinal surgery devices. In 2021, the cataract surgery devices segment is expected to dominate the ophthalmic surgical devices market because of the increase cataract surgeries for the geriatric population of this region.
- On the basis of end user, the Belgium ophthalmic surgical devices market is segmented into hospitals, ophthalmic clinics, and others. In 2021, the hospitals segment is expected to dominate the ophthalmic surgical devices market because the demand of more surgeries in this segment as compared to other segments.
Ophthalmic Surgical Device Market Country Level Analysis
The Belgium ophthalmic surgical device market is analysed and market size information is provided by product type, disease type, surgery devices, and end user as referenced above.
Belgium is going to dominate the ophthalmic surgical device market due to increasing local players that are providing various ophthalmic surgical products in the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Belgium brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
New Product Launches by Manufactures is Creating New Opportunities for Players in the Ophthalmic Surgical Device Market
Ophthalmic surgical device market also provides you with detailed market analysis for every country growth in aesthetic industry with ophthalmic surgical device market sales, impact of advancement in the ophthalmic surgical device market and changes in regulatory scenarios with their support for the ophthalmic surgical device market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Ophthalmic Surgical Device Market Share Analysis
Ophthalmic surgical device market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to ophthalmic surgical devices market.
The major companies providing ophthalmic surgical devices in Belgium ophthalmic surgical devices market are Alcon Inc, Carl Zeiss AG, Johnson & Johnson Services, Inc, Bausch & Lomb Incorporated, HASA OPTIX, Eurocrystal, STAAR SURGICAL, Ophtec BV, Takagi Ophthalmic Instruments Europe Ltd, BVI, TELEON, Rockmed, Simovision BV, NEWLEAF OPHTHALMOLOGY BV among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launch and agreement are also initiated by the companies’ worldwide which are also accelerating the ophthalmic surgical device market.
For instance,
- In July 2020, STAAR SURGICAL announced that it had launched its product named EVO Viva, innovative presbyopia correcting implantable Collamer lens. The launch of this product will surely be going to increase the revenue and also will help the company in getting more users
- In March 2020, Alcon Inc. announced that it has launched the AcrySof IQ Vivity, an intraocular lens for presbyopia treatment in the European market. The launch of this product has increased the sales in the Europe market.
This new product launched by the company has increased its protein estimation portfolio in the market. Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the ophthalmic surgical device market which also provides the benefit for organisation to improve their offering for ophthalmic surgical devices market.
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