The Global Refractive Surgery Devices And Equipment Market Report by The Business Research Company covers refractive surgery devices and equipment market drivers and restraints, refractive surgery devices and equipment market size, major players, and the impact of COVID-19 on the refractive surgery devices and equipment market.
The refractive surgery devices (or) equipment market consists of sales of refractive surgery devices. The refractive surgery devices are used to improve or correct the refractive errors such as nearsightedness (myopia), farsightedness (hyperopia), presbyopia or astigmatism. These devices include excimer lasers, YAG Lasers, microkeratomes and femtosecond lasers.
A significant driving factor for the growth of refractive surgery devices and equipment market is an increase in the geriatric population worldwide with eye disorders. Age related macular degeneration is the major cause of loss of vision over the age of 65 years. There are many elderly people with refractive errors and requires immediate surgical care to cure visual impairment.
The global refractive surgery devices and equipment market is expected to grow from $0.79 billion in 2020 to $0.91 billion in 2021 at a compound annual growth rate (CAGR) of 15.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.22 billion in 2025 at a CAGR of 7.6%.
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Some refractive surgery devices and equipment market trends include focus areas for many companies shifting towards increasing technological advancements in the field of refractive surgery. Advanced technologies used for correcting refractive errors expand the scale of the treatment, reduce the time and labor costs. The new corneal refractive surgical techniques such as femtosecond corneal surgery technique, pseudophakic intraocular lenses, intraocular rings and segments, and corneal stiffening techniques such as collagen crosslinking may impact the market significantly.
Global refractive surgery devices and equipment market segments include:
1) By Product Type: Microkeratome, Excimer Lasers, Femtosecond Lasers, YAG Lasers.
2) By End User: Hospitals, Ambulatory Surgical Centres, Ophthalmology Clinics.
3) By Application: Astigmatism, Near-Sightedness, Farsightedness.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Refractive Surgery Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides refractive surgery devices and equipment market overviews, analyzes and forecasts market size, share, refractive surgery devices and equipment market players, refractive surgery devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The refractive surgery devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Refractive Surgery Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Alcon, J & J, Zeiss, Bausch and Lomb (Valeant), Ziemer Ophthalmic, Nidek, STAAR, Avedro, Lensar, iVIS Technologies, SCHWIND eye-tech-solutions GmbH & Co. KG, Lumenis Ltd., Ellex Medical Lasers Limited., Visx, Refractec, Topcon corporation, Ellex Medical Lasers Limited., HOYA Corporation, Glaukos Corporation, IRIDEX , Aaren-Scientific, Inc, Lenstec, OcuLentis, OPHTEC BV, Rayner Intraocular Lenses Limited, The HumanOptics AG, PhysIOL.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The refractive surgery devices and equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The refractive surgery devices and equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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