• The global cataract surgery devices market is segmented on the basis of type of lenses and end-users
• The global cataract surgery devices market is expected to reach XX USD Mn by 2024 with a growing CAGR of XX% from 2018 to 2024
• The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
Cataract is an eye disease in which clear lens of eye becomes cloudy or opaque and causes decrease in vision. The blurring of this lens during cataract formation causes distortion of vision. Cataract generally affects both eyes, but it is uncommon for a cataract in one eye to advance more rapidly. Cataracts are very common, especially among the elder people.

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Global ophthalmology diagnostics and surgical devices market is primarily driven by the increase in aged population, rise in the prevalence of ocular disorders, technological advancement in healthcare around the globe and economic growth in the emerging economies. However, low awareness among people about eye disorder, lack of health care insurance, and poor primary health care infrastructure in developing and under developed countries are some factors that hampers the growth of global cataract surgery devices market.
The global cataract surgery devices market is categorized on the basis of following topics-
1. Type
• Intraocular lenses
• Ophthalmic Viscoelastic Devices
• Phacoemulsification Equipment
2. End-users
Ophthalmology clinics, hospitals and ambulatory surgical centers.
And lastly on the basis of geographical regions, the global cataract surgery devices market has five major regions- North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America is the largest market for ophthalmic surgical instruments market followed by Europe.
The North American ophthalmic surgical instruments market has a growing number of laser refractive surgeries and the emergence of laser technology in treatment of cataract surgery expected to grow the market revenue.
Asia Pacific region is expected to be a fastest growing cataract surgery device market due to large geriatric population.
Some of the key players in ophthalmology cataract surgery devices market are Novartis AG (Switzerland), Carl Zeiss Meditech AG (Germany), Abbott Laboratories (U.S.), Essilor International S.A. (France), Allergan, Inc. (U.S.), Opcon Corporation (Japan), Valeant (Bausch & Lomb)(Canada), and STAAR Surgical Company (U.S.) to name a few. In 2017, Alcon Inc. (a division of Novartis) received USFDA approval for Multifocal Toric intraocular lens “Acrysof Iq Restor”, for the patients with astigmatic cataract patients.
With the high prevalence of obesity and diabetes among the young population, the risk of vision loss and other eye disorders have increased rapidly, and positively impact ophthalmology cataract surgery devices market. The growing prevalence of diabetic eye diseases will increase the adoption eye laser procedures, thereby positively influence the eye care surgical market. According to National Institute of Eye, the risk of cataract will increase with each decade of life starting around the age of 40.
Key Questions Answered
• What is the current and future cataract surgery devices market outlook worldwide? What trends are affecting the global market?
• What is the competitive landscape and market share of major players in the cataract surgery devices globally?
• What are the key, high growth markets that cataract surgery devices manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the cataract surgery devices currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of cataract surgery devices?
• What are the challenges and barriers that have hindered widespread adoption of cataract surgery devices?
Reasons to buy cataract surgery devices market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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