Cataract Surgery Devices Market Set to Expand Saliently at a Robust CAGR during the Forecast Period 2018-2026


Posted October 22, 2018 by coherent3

Cataract surgery devices are used during the surgical procedures to treat cataract, which is an eye disorder that causes clouding of the lens leading to defects in vision.

 
Cataract surgery devices are used during the surgical procedures to treat cataract, which is an eye disorder that causes clouding of the lens leading to defects in vision. Cataract is one of the most widespread disease causing blindness and it reduces vision ability. Cataract is often encountered to develop slowly and affect either one or both the eyes.
Although cataract does not interfere with the eyesight in the early stages, it interferes with vision and may lead to blindness over the course of time. The symptoms of cataract include blurry vision, trouble with bright lights, faded colors, and trouble seeing in the night. Cataract surgery is the most commonly performed ophthalmic procedure and thus holds a great potential for the growth of cataract surgery devices market.

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Market Taxonomy:
On the basis of product type, the global cataract surgery devices market is segmented into:
• Intraocular Lens (IOL)
• Ophthalmic Viscoelastic Device (OVD)
• Phacoemulsification Equipment
• Femtosecond Laser Equipment
On the basis of end user, the global cataract surgery devices market is segmented into:
• Hospitals
• Clinics
• Ophthalmology Centers

Substantial number of cataract surgeries are dominating the North America global cataract surgery devices market
On the basis of geography, the global cataract surgery devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is the highest contributor to the global cataract devices market, owing to the number of cataract surgeries occurring in the region. According to the American Academy of Ophthalmology 2014, approximately 2 million cataract surgery procedures were performed in the U.S., out of which 21% of patients were reported to have improved quality of vision in one eye while 36% patients reported improvement in vision quality of both the eyes after the cataract surgery. Moreover, the global cataract surgery devices market is expected to flourish in the Asia Pacific due to cost cutting facility of the procedure as well as increasing incidence of cataract. For instance, the manual and suture less Small-Incision Cataract Surgery (SICS) is preferred in emerging economies such as China and India, where the cost of the surgical procedures are low as compared to other procedures.

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Issued By coherent
Country Aruba
Categories Fitness , Health
Tags cataract surgery devices market analysis , cataract surgery devices market growth , cataract surgery devices market share
Last Updated October 22, 2018