Cataract Surgery Devices Market based on Product (Intraocular Lens (IOL), Ophthalmic Viscoelastic Device (OVD), Femtosecond Laser Equipment and Phacoemulsification Equipment), End Users (Hospitals & Clinics and Ophthalmology Centers), and Geography – Global Forecast up to 2026

  • May, 2021
  • Domain: Healthcare - Medical Devices
Pages: 68
Tables: 43
Charts: 73
Regions/Countries: 4/10
Companies: 10
Enquiry Hours: 10
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A cataract is a disorder related to the eye in which clouding of the eye lens is observed, which results in permanent vision loss. Cataract surgery is the removal of the clouded natural lens and includes insertion of the intraocular lens. Generally, the treatment includes replacing the natural lens with an artificial lens that helps restore a vision of the eye. Eradicating the cataract by surgery is the only option to restore vision and see the world again. The growing geriatric population and technological advancements are the principal factors that will propel the growth of the cataract surgery devices market in the coming future. The rising awareness among people regarding eye disease will also increase the market demand in the coming years. The rise in the population aged 60 and above will increase the prevalence of the disease, therefore enhancing the treatment rate, which would fuel the market growth. On the contrary, the shortage of skilled professionals and limited awareness regarding cataract disorders, majorly in developing countries, limit the growth of the cataract surgery devices market. The Cataract Surgery Devices Market is estimated to grow at the rate of 4.9% CAGR by 2026.

Research Methodology:

The cataract surgery devices market has been assessed and analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Cataract Surgery Devices Market

Cataract Surgery Devices Market based on Product

  • Intraocular Lens (IOL)
  • Ophthalmic Viscoelastic Device (OVD)
  • Femtosecond Laser Equipment
  • Phacoemulsification Equipment

Cataract Surgery Devices Market based on End-Users

  • Hospitals & Clinics
  • Ophthalmology Centers

Cataract Surgery Devices Market based on Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

As in the cataract surgery devices market based on product, the market products include Intraocular Lens (IOL), Ophthalmic Viscoelastic Device (OVD), Femtosecond Laser Equipment, and Phacoemulsification Equipment. Among them, the intraocular lens segment is expected to have the largest share in the market. This is due to the several products providing different cost ranges offered by local and global manufacturers. Moreover, the increasing demand for the intraocular lens from the various developed countries is also augmenting the segment growth.

As per the market by end-users, the market is furcated into hospitals & clinics and ophthalmology centers. The hospitals & clinics segment holds the largest share of the cataract surgery devices market. The maximum share is majorly ascribed to the rising number of cataract eye disorders worldwide, which will increase the number of surgeries in hospitals and clinics. Few factors such as improving healthcare infrastructure in emerging countries and the growth in the number of advanced healthcare facilities are estimated to fuel the adoption of cataract surgery devices in hospitals and clinics, propelling the growth of this segment over the forecast period.

North America is projected to lead the overall market share throughout the forecast period. The market growth is owing to the factors such as the high incidence of cataracts in the region, improved healthcare infrastructure, increased disposable income, beneficial reimbursement policies.

The cataract surgery devices market is significantly compelled by the increasing number of people suffering from cataract problems worldwide. Since according to a study, the major reason for blindness among a substantial population is cataract. Also, the rising accessibility of cataract surgeries due to the increasing awareness about the disorder and improving healthcare infrastructure is projected to escalate the demand for cataract surgery devices, enhancing market growth.

This report includes the profiles of the major competitors of the cataract surgery devices market: Valeant Pharmaceuticals International, Inc., Johnson & Johnson Services, Inc., Carl Zeiss Meditec AG, Ziemer Ophthalmic Systems AG, HumanOptics AG, Essilor International S.A., Nidek Co., Ltd., HAAG-Streit Holding AG, Topcon Corporation, and Novartis AG.

As a result, the cataract surgery treatment for an eye has emerged to be an effective treatment that has restored vision for most people since the cataract was responsible for world blindness due to various reasons, majorly increasing demand for cataract surgery devices.

  • A complete analysis of all vital geographical regions is included in the report, determining the potential opportunities in these regions.
  • Detailed information about the attributes generating growth in the cataract surgery devices market in the forecast period.
  • An exact estimation of the cataract surgery devices' market share and their contribution to the parent market is provided.
  • Further profiles of key competitors and their dynamic strategies are also covered in the study.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Product: Market Size & Analysis
    1. Overview
    2. Intraocular Lens (IOL)
    3. Ophthalmic Viscoelastic Device (OVD)
    4. Femtosecond Laser Equipment
    5. Phacoemulsification Equipment
  6. End Users: Market Size & Analysis
    1. Overview
    2. Hospitals & Clinics
    3. Ophthalmology Centers
  7. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  8. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  9. Vendor Profiles
    1. Valeant Pharmaceuticals International, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Johnson & Johnson Services, Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Carl Zeiss Meditec AG
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Ziemer Ophthalmic Systems AG
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. HumanOptics AG
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Essilor International S.A.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Nidek Co., Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. HAAG-Streit Holding AG
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Topcon Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. Novartis AG
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  10. Analyst Opinion
  11. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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