Global Ophthalmic Surgical Instruments Market by Product, Application and Region Forecast 2026 Top Players Novartis AG, Carl Zeiss AG, Johnson & Johnson Services Inc., HOYA Corporation, Bausch Health

Global Ophthalmic Surgical Instruments Market by Product, Application and Region Forecast 2026 Top Players  Novartis AG, Carl Zeiss AG, Johnson & Johnson Services Inc., HOYA Corporation, Bausch Health

Global ophthalmic surgical instruments market is expected to reach at a CAGR of 10.1% in the forecast period of 2019 to 2026.
Global ophthalmic surgical instruments market is expected to reach at a CAGR of 10.1% in the forecast period of 2019 to 2026.

Ophthalmic Surgical Instruments Market report provides a comprehensive analysis of the Ophthalmic Surgical Instruments Market sales by showing all the figures in the historic and base year while showing the approximate figures in the forecasted years of 2019-2026.

The report further provides a deep explanation regarding the market definition, classifications, applications, and engagements. It further provides a deep insight of key players’ and brands’ activities in terms of their sales, import, export, and revenue and their actions are in terms of their recent product launches, researches, their joint ventures, mergers, and accusations.

Ophthalmic surgical instruments Industry underwent centralized reprocessing in the disinfection and supply centers in 50% of the 72 hospitals. The main reasons for using centralized reprocessing were an insufficient supply of ophthalmic surgical instruments, short turnaround times between surgeries, and the high cost of losing these precise and fragile instruments. Manual processing was the predominant method of reprocessing ophthalmic surgical instruments.

Global Ophthalmic Surgical Instruments Market, By Product (Cataract Surgery Devices, Glaucoma Surgery Devices, Refractive Surgery Devices, Vitreoretinal Surgery Devices, Ophthalmic Microscopes, Accessories), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2026

Global ophthalmic surgical instruments market is expected to reach at a CAGR of 10.1% in the forecast period of 2019 to 2026.

The ophthalmic devices are used in the diagnosis and treatment of eyes associated diseases such as peripheral vitreoretinal disease, vision loss due to aging, refractive eye state, glaucoma treatment, cataract surgeries and others in hospitals or other specialty clinics. Rising number of players to develop and launch of ophthalmic devices for the further enhancement such as, clear visualization by using ophthalmic microscopes, smart phone associated ophthalmic devices and devices being used for the glaucoma and cataract surgeries basically advanced from 2016 to 2018. 

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Global Ophthalmic Surgical Instruments Market report provides a comprehensive analysis of the Global Ophthalmic Surgical Instruments Market sales by showing all the figures in the historic and base year while showing the approximate figures in the forecasted years of 2018-2025.

The report further provides a deep explanation regarding the market definition, classifications, applications, and engagements. It further provides a deep insight of key players’ and brands’ activities in terms of their sales, import, export, and revenue and their actions are in terms of their recent product launches, researches, their joint ventures, mergers, and accusations.

The Global Ophthalmic Surgical Instruments Market research report is one of the key factors used to sustain competitiveness along with the competitors. With regard to current and future trends in particular products or industries, Global Ophthalmic Surgical Instruments Market Report helps businesses make better future winning planning choices. Global Ophthalmic Surgical Instruments Market report helps identify uncertainties that may arise as a result of changes in business activity or marketing of new products. It helps companies take decisive action to address threats to the niche market.

Top key Players like

  • ZEISS International,
  • Leica Microsystem,
  • Johnson & Johnson Services, Inc.,
  • Quantel Medical,
  • Bausch Health Companies Inc.,
  • NIDEK CO., LTD.,
  • Novartis AG,
  • Ellex Medical Lasers Ltd.,
  • Ziemer Ophthalmic Systems,
  • HOYA Corporation, Lumenis,
  • STAAR SURGICAL, IRIDEX Corporation,
  • TOPCON CORPORATION,
  • Takagi Ophthalmic Instruments Europe LTD.,
  • ACB MOLTENO,
  • Medical Technical Products,
  • IVIS Technologies,
  • Aurolab, Inami & Co., Ltd..

Product Launch:

  • In September 2018, NIDEK launched the GS-1 Gonioscope. This helped NIDEKto expand its product portfolio.
  • In January 2018, HOYA surgical optics launches new global research and development centre in Singapore to address global burden of cataract. This will help HOYA Surgical Optics the first IOL company with an integrated hub in Singapore.
  • In March 2018, CooperVision Announced the Availability of New MyDay toric in Plus Powers. This will help CooperVision to make increase their product portfolio.

Drivers: Global Ophthalmic Surgical Instruments Market

RISING PREVALANCE OF EYE DISEASES:

The eye health issues are huge in China, owing to the large ageing population. Cataract and refractive error are the major causes of vision-loss; due to the rising incidence of diabetes as the economy is growing and changes in lifestyles. China adopted a new 5 year national plan in 2016 for eye health. This plan was due to the long session with stakeholders and also sets a broad direction, in the existing development agenda and also in the World Health Assembly’s Global Action Plan for the Universal Eye Health.

Table Of Contents Global Ophthalmic Surgical Instruments Market

1 Introduction

2 Market Segmentation

3 Market Overview

4 Executive Summary

5 Premium Insights

6 Key Insights

7 Global Ophthalmic Surgical Instruments Market, By Product

8 Global Ophthalmic Surgical Instruments Market, By Application

9 Global Ophthalmic Surgical Instruments Market, By End User

10 Global Ophthalmic Surgical Instruments Market, By Geography

11 Global Ophthalmic Surgical Instruments Market, Company Landscape

12 Company Profile

13 Conclusion

14 Questionnaire

15 Related Reports

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Key Developments in the Market: Global Ophthalmic Surgical Instruments Market

In July 2016, Abbott announced the approval of “Tecnis Symfony” Introcular Lenses by US Food and Drug Administration for the treatment of cataracts.

In September 2016, US Food and Drug Administration announced the approval of SMILE (Small Incision Lenticule Extraction) procedure along with the utilization of VisuMax Femtosecond Laser for the treatment and contraction of myopia in patients of age 22 or above.

Competitive Analysis: Global Ophthalmic Surgical Instruments Market

The Global Ophthalmic Surgical Instruments Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Ophthalmic Surgical Instruments Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Restraint:

PRODUCT RECALLS OF VARIOUS COMPANIES:

Product recall is a process of retrieving the defective and unsafe goods from customers while offering those customers with compensation. Recalls usually occur due to the safety concerns over the manufacturing defects in a product which may cause harm to its user. In China ophthalmic surgical instruments market, various companies have recalled their products due to some defect and safety issues. For instance,

Opportunity:

Technological Development Of Products:

It has been observed that the growth of china ophthalmic surgical instruments is expected in the medical sector due to diverse utilization of digitalization and latest technology. The most recent development includes femtosecond lasers for both cataract and refractive surgery, OCT, intraoperative wavefront aberrometers and state-of-the-art phaco machines.

Reasons to Purchase this Report:

  • Current and future of Global Ophthalmic Surgical Instruments Market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Questions are answered in this research report:

  • What is the market size in different countries around the world?
  • Are the markets growing or decreasing?
  • How are the markets divided into different kinds of products?
  • How are different product groups developing?
  • How are the markets forecast to develop in the future?
  • Which are the most potential countries and markets?

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