Global Corneal Surgery Devices Market, By Device Type (Diagnostic and Corneal Surgery Devices, Vision Care), Transplantation (Deep Anterior Lamellar and Penetrating Keratoplasty, Synthetic Corneas), Procedures (Pre-Operative Examination, Penetrating Keratoplasty, Lamellar Keratoplasty), End Users (Ophthalmic Clinics, Hospitals, Other), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Corneal Surgery Devices Market
The corneal surgery devices market is expected to witness market growth at a rate of 5.01% in the forecast period of 2021 to 2028 and is expected to reach USD 3,954.87 million by 2028. Data Bridge Market Research report on corneal surgery devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing incidences of eye sight related problem is escalating the growth of corneal surgery devices market.
Corneal surgeries refer to a procedure for the replacement of damaged or diseased cornea could have been caused by eye injury or eye disease. Penetrating keratoplasty and endothelial keratoplasty are the two major types of transplants performed globally. Corneal transplant is required when the diseased cornea leads to blurred vision.
The rise in the prevalence of ophthalmic diseases including keratoconus, infectious keratitis and Fuchs dystrophy, act as one of the major factors driving the growth of corneal surgery devices market. According to NCBI report, approximately 10-15% of the patients diagnosed with keratoconus are advised to go through surgeries and growing demand for minimally invasive surgical procedures among consumers accelerates the corneal surgery devices market growth. The corneal blindness is considered one of the prominent conditions and affects large number of people worldwide and growth in awareness about corneal transplants providing aesthetic benefits further influence the corneal surgery devices market. Additionally, growing geriatric population, advantages associated with minimally invasive treatment, increase in investment, large gap between the demand and supply of corneal implant and surge in healthcare expenditure positively affects the corneal surgery devices market. Furthermore, technological advancements in the treatment facilities extend profitable opportunity to the corneal surgery devices market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the treatment is expected to obstruct the corneal surgery devices market growth. The rise in concerns regarding the risks associated with corneal implants is projected to challenge the corneal surgery devices market in the forecast period of 2021-2028.
This corneal surgery devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on corneal surgery devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Corneal Surgery Devices Market Scope and Market Size
The corneal surgery devices market is segmented on the basis of device type, transplantation, procedures and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of device type, the corneal surgery devices market is segmented into diagnostic and corneal surgery devices and vision care.
- On the basis of transplantation, the corneal surgery devices market is segmented into deep anterior lamellar and penetrating keratoplasty and synthetic corneas.
- On the basis of procedures, the corneal surgery devices market is segmented into pre-operative examination, penetrating keratoplasty and lamellar keratoplasty.
- On the basis of end users, the corneal surgery devices market is segmented into ophthalmic clinics, hospitals and other.
Global Corneal Surgery Devices Market Country Level Analysis
The corneal surgery devices market is analyzed and market size insights and trends are provided by country, device type, transplantation, procedures and end users as referenced above.
The countries covered in the corneal surgery devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the corneal surgery devices market because of the government emphasis on organ donation policies, prevalence of diabetes, availability of a number of treatment options and prevention strategy and high influence of organ donation programs. North America is considered the second largest market owning to the prevalence of diseases such as cataract, diabetic retinopathy, and glaucoma among others and high prevalence of eye diseases and vision impairment. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the availability of qualitative eye care treatment and skilled medical professionals in the region.
The country section of the corneal surgery devices market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The corneal surgery devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for corneal surgery devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the corneal surgery devices market. The data is available for historic period 2011-2019.
Competitive Landscape and Corneal Surgery Devices Market Share Analysis
The corneal surgery devices 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, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to corneal surgery devices market.
The major players covered in the corneal surgery devices market report are CryoLife, Inc., Exactech, Inc., Kohler GmbH, Lifeline Scientific, AbbVie Inc., Medtronic, Organogenesis Inc., Alabama Eye Bank, Alcon, Florida Lions Eye Bank, Presbia PLC, San Diego Eye Bank, CorNeat Vision, Aurolab, DIPROTEX, KERAMED, INC., Ophthalmic S.A., Massachusetts Eye and Ear, Aurolab, CorneaGen among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.