Cataract Surgery Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Cataract surgery is a surgical procedure which involves removing the lens of patient's eye and replacing it with an artificial lens. A normal individual will have a clear eye lens however a person with a cataract condition has a cloudy lens, which eventually affects the person's vision. Cataract surgery is performed by an ophthalmologist on an outpatient basis, which means the patient need not stay in the hospital after the surgery. Cataract surgery can be done using ultrasound energy to remove the cloudy lens or it can be removed with laser-assisted technology. Cataract surgery is very common and is generally a safe procedure.
MARKET DYNAMICS
The cataract surgery devices market is anticipated to grow in the forecast, owing to the factors such growing incidences of the ocular disorders, increasing geriatric population base, increasing incidences of diseases such as diabetes, obesity, and hypertension in the market during the forecast period. However side effects associated with the cataract surgery devices market and lack of skilled professionals are the factors hampering the market growth.
MARKET SCOPE
The "Global Cataract Surgery Devices Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of cataract surgery devices market with detailed market segmentation by product type, end user and geography. The global cataract surgery devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cataract surgery devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cataract surgery devices market is segmented on the basis of product type, end user and geography. Based on product type, the market is segmented as 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 and ophthalmology centers.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cataract surgery devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cataract surgery devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cataract surgery devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the cataract surgery devices market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cataract surgery devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cataract surgery devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cataract surgery devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the cataract surgery devices market in these regions.
MARKET PLAYERSThe reports cover key developments in the cataract surgery devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from cataract surgery devices market are anticipated to lucrative growth opportunities in the future with the rising demand for cataract surgery devices market in the global market. Below mentioned is the list of few companies engaged in the cataract surgery devices market.
The report also includes the profiles of key cataract surgery devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- HumanOptics AG
- Novartis AG
- Carl Zeiss Meditec AG
- Essilor International S.A.
- HAAG-Streit Holding AG
- Johnson & Johnson Services, Inc.
- Nidek Co., Ltd.
- Topcon Corporation
- Valeant Pharmaceuticals International, Inc.
- Ziemer Ophthalmic Systems AG
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cataract Surgery Devices Market - By Product Type
1.3.2 Cataract Surgery Devices Market - By End User
1.3.3 Cataract Surgery Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. CATARACT SURGERY DEVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CATARACT SURGERY DEVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CATARACT SURGERY DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. CATARACT SURGERY DEVICES - GLOBAL MARKET OVERVIEW
6.2. CATARACT SURGERY DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CATARACT SURGERY DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. INTRAOCULAR LENS (IOL)
7.3.1. Overview
7.3.2. Intraocular Lens (IOL) Market Forecast and Analysis
7.4. OPHTHALMIC VISCOELASTIC DEVICE (OVD)
7.4.1. Overview
7.4.2. Ophthalmic Viscoelastic Device (OVD) Market Forecast and Analysis
7.5. PHACOEMULSIFICATION EQUIPMENT
7.5.1. Overview
7.5.2. Phacoemulsification Equipment Market Forecast and Analysis
7.6. FEMTOSECOND LASER EQUIPMENT
7.6.1. Overview
7.6.2. Femtosecond Laser Equipment Market Forecast and Analysis
8. CATARACT SURGERY DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. CLINICS
8.4.1. Overview
8.4.2. Clinics Market Forecast and Analysis
8.5. OPHTHALMOLOGY CENTERS
8.5.1. Overview
8.5.2. Ophthalmology Centers Market Forecast and Analysis
9. CATARACT SURGERY DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Cataract Surgery Devices Market Overview
9.1.2 North America Cataract Surgery Devices Market Forecasts and Analysis
9.1.3 North America Cataract Surgery Devices Market Forecasts and Analysis - By Product Type
9.1.4 North America Cataract Surgery Devices Market Forecasts and Analysis - By End User
9.1.5 North America Cataract Surgery Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Cataract Surgery Devices Market
9.1.5.1.1 United States Cataract Surgery Devices Market by Product Type
9.1.5.1.2 United States Cataract Surgery Devices Market by End User
9.1.5.2 Canada Cataract Surgery Devices Market
9.1.5.2.1 Canada Cataract Surgery Devices Market by Product Type
9.1.5.2.2 Canada Cataract Surgery Devices Market by End User
9.1.5.3 Mexico Cataract Surgery Devices Market
9.1.5.3.1 Mexico Cataract Surgery Devices Market by Product Type
9.1.5.3.2 Mexico Cataract Surgery Devices Market by End User
9.2. EUROPE
9.2.1 Europe Cataract Surgery Devices Market Overview
9.2.2 Europe Cataract Surgery Devices Market Forecasts and Analysis
9.2.3 Europe Cataract Surgery Devices Market Forecasts and Analysis - By Product Type
9.2.4 Europe Cataract Surgery Devices Market Forecasts and Analysis - By End User
9.2.5 Europe Cataract Surgery Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Cataract Surgery Devices Market
9.2.5.1.1 Germany Cataract Surgery Devices Market by Product Type
9.2.5.1.2 Germany Cataract Surgery Devices Market by End User
9.2.5.2 France Cataract Surgery Devices Market
9.2.5.2.1 France Cataract Surgery Devices Market by Product Type
9.2.5.2.2 France Cataract Surgery Devices Market by End User
9.2.5.3 Italy Cataract Surgery Devices Market
9.2.5.3.1 Italy Cataract Surgery Devices Market by Product Type
9.2.5.3.2 Italy Cataract Surgery Devices Market by End User
9.2.5.4 Spain Cataract Surgery Devices Market
9.2.5.4.1 Spain Cataract Surgery Devices Market by Product Type
9.2.5.4.2 Spain Cataract Surgery Devices Market by End User
9.2.5.5 United Kingdom Cataract Surgery Devices Market
9.2.5.5.1 United Kingdom Cataract Surgery Devices Market by Product Type
9.2.5.5.2 United Kingdom Cataract Surgery Devices Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Cataract Surgery Devices Market Overview
9.3.2 Asia-Pacific Cataract Surgery Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Cataract Surgery Devices Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Cataract Surgery Devices Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Cataract Surgery Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Cataract Surgery Devices Market
9.3.5.1.1 Australia Cataract Surgery Devices Market by Product Type
9.3.5.1.2 Australia Cataract Surgery Devices Market by End User
9.3.5.2 China Cataract Surgery Devices Market
9.3.5.2.1 China Cataract Surgery Devices Market by Product Type
9.3.5.2.2 China Cataract Surgery Devices Market by End User
9.3.5.3 India Cataract Surgery Devices Market
9.3.5.3.1 India Cataract Surgery Devices Market by Product Type
9.3.5.3.2 India Cataract Surgery Devices Market by End User
9.3.5.4 Japan Cataract Surgery Devices Market
9.3.5.4.1 Japan Cataract Surgery Devices Market by Product Type
9.3.5.4.2 Japan Cataract Surgery Devices Market by End User
9.3.5.5 South Korea Cataract Surgery Devices Market
9.3.5.5.1 South Korea Cataract Surgery Devices Market by Product Type
9.3.5.5.2 South Korea Cataract Surgery Devices Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Cataract Surgery Devices Market Overview
9.4.2 Middle East and Africa Cataract Surgery Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Cataract Surgery Devices Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Cataract Surgery Devices Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Cataract Surgery Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Cataract Surgery Devices Market
9.4.5.1.1 South Africa Cataract Surgery Devices Market by Product Type
9.4.5.1.2 South Africa Cataract Surgery Devices Market by End User
9.4.5.2 Saudi Arabia Cataract Surgery Devices Market
9.4.5.2.1 Saudi Arabia Cataract Surgery Devices Market by Product Type
9.4.5.2.2 Saudi Arabia Cataract Surgery Devices Market by End User
9.4.5.3 U.A.E Cataract Surgery Devices Market
9.4.5.3.1 U.A.E Cataract Surgery Devices Market by Product Type
9.4.5.3.2 U.A.E Cataract Surgery Devices Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Cataract Surgery Devices Market Overview
9.5.2 South and Central America Cataract Surgery Devices Market Forecasts and Analysis
9.5.3 South and Central America Cataract Surgery Devices Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Cataract Surgery Devices Market Forecasts and Analysis - By End User
9.5.5 South and Central America Cataract Surgery Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Cataract Surgery Devices Market
9.5.5.1.1 Brazil Cataract Surgery Devices Market by Product Type
9.5.5.1.2 Brazil Cataract Surgery Devices Market by End User
9.5.5.2 Argentina Cataract Surgery Devices Market
9.5.5.2.1 Argentina Cataract Surgery Devices Market by Product Type
9.5.5.2.2 Argentina Cataract Surgery Devices Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CATARACT SURGERY DEVICES MARKET, KEY COMPANY PROFILES
11.1. HumanOptics AG
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. NOVARTIS AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CARL ZEISS MEDITEC AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ESSILOR INTERNATIONAL S.A.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HAAG-STREIT HOLDING AG
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JOHNSON & JOHNSON SERVICES, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NIDEK CO., LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TOPCON CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VALEANT PHARMACEUTICALS INTERNATIONAL, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZIEMER OPHTHALMIC SYSTEMS AG.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. HumanOptics AG
2. Novartis AG
3. Carl Zeiss Meditec AG
4. Essilor International S. A.
5. HAAG-Streit Holding AG
6. Johnson & Johnson Services, Inc.
7. Nidek Co. , Ltd.
8. Topcon Corporation
9. Valeant Pharmaceuticals International, Inc.
10. Ziemer Ophthalmic Systems AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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