Vitrectomy Devices Market Analysis: Major Players, Lucrative Segments And Top Geographies
25 Jul, 2023
The global vitrectomy devices market size is expected to grow from $1.40 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.36%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global vitrectomy devices market size is expected to reach $2.07 billion in 2027 at a CAGR of 6.75%.
Global Vitrectomy Devices Market Key Driver
The rising prevalence of vision impairment is likely to drive the vitrectomy device market forward. Visual impairment is a condition in which a person's ability to see is impaired to such an extent that it interferes with their daily activities. The ageing population, the rise of chronic diseases, and bad lifestyles are all contributing to the rising prevalence of visual impairment, where vitrectomy devices are routinely used to treat a variety of eye problems that can lead to visual impairment.
Get a sample of the global vitrectomy devices market reportGlobal Vitrectomy Devices Market Segments
The global vitrectomy devices market is segmented:
1) By Products: Vitrectomy Machines, Vitrectomy Packs, Photocoagulation Lasers, Illumination Devices
2) By Surgery Approach: Posterior Or Pars Plana Vitrectomy, Anterior Vitrectomy
3) By Applications: Diabetic Retinopathy, Retinal Detachment, Macular Hole, Vitreous Hemorrhage, Other Applications
4) By End-Users: Hospitals, Ophthalmic Clinics, Ambulatory Surgical Centers
5) By Geography: The regions covered in the vitrectomy devices market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global vitrectomy devices market.
Major Vitrectomy Devices Industry Players
Alcon Inc., Bausch and Lomb Incorporated, BVI Medical, Nidek Co Ltd., Johnson and Johnson Vision Care Inc., Blink Medical Limited., Topcon Corporation, HOYA Medical Singapore Pte Ltd., Carl Zeiss Meditec AG, Optos PLC, IRIDEX Corporation, DORC Holding B.V., Danaher Corporation, Lumenis Ltd., Synergetics Inc.
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Vitrectomy Devices Market Overview
Vitrectomy devices refer to surgical instruments used to perform a vitrectomy, which is a surgical procedure that involves removing the vitreous gel from the eye. The vitreous gel is the transparent, jelly-like material that lines the area in the eye between the lens and the retina. It is commonly used to treat a variety of eye conditions, including retinal detachments, and vitreous hemorrhages.
Vitrectomy Devices Global Market Report 2023 provides data on the global vitrectomy devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The vitrectomy devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.