Eye Care Surgical Market Trends, Growth, Analysis and Research Report 2016

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Eye Care Surgical Market Analysis, Share and Size, Emerging Trends,
Overview and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report – Global Eye Care Surgical Market 20162020
Technavio recognizes the following companies as the key players in the Global Eye Care Surgical Market:
Abbott Laboratories, Alcon, Bausch & Lomb, Carl Zeiss Meditec, Ellex Medical Lasers, Lumenis, and
Topcon Medical Systems.
Other Prominent Vendors in the market are: A.R.C. Laser, Accutome, AqueSys, Canon, Essilor, Essilor
International, FCI Opthalmics, Glaukos, Gulden Opthalmics, Heidelberg Engineering, Hoya, Innova,
IRIDEX, Marco Opthalmic, Meridian, Nidek, OPHTEC, Optos, Quantel, Rayner Intraocular Lenses, Rhein
Medical, STAAR Surgical, Synergetics, Transcend Medical, Valve Implants, and Ziemer Opthalmic
Systems.
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Commenting on the report, an analyst from Technavio’ s team said: “One trend that is influencing the
market is the advances in laser technology. There has been a shift from open surgical procedures to MI
surgeries for the treatment of diabetic retinopathy treatment in the past. Advances in laser technology
have brought many new laser types which include pattern scan laser, reduced fluence laser, short-pulse
duration, and navigated laser systems for macular edema and proliferative diabetic retinopathy.
Advances in laser technologies particularly for IOLs have changed the outlook of the market. The use of
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femtolaser systems for making incisions during capsulotomy helps reduce human errors. These systems
are rapidly being adopted for other ophthalmic surgeries such as cataract operations and keratoplasty.
According to the report, a key driver that will boost growth is the untapped market in emerging
countries. Emerging countries represent huge opportunities for the global eye care surgical market.
With the increase in the patient population urging for laser surgeries for vision correction, cataract, and
glaucoma, the demand for ophthalmic lasers is increasing in emerging countries such as India, China,
and South Korea. Growing awareness of ophthalmic diseases and the rise in disposable income among
the populations of these countries are expected to steer significantly the market growth. Also, vendors
in the market are also expanding their presence in such countries.
Further, the report states that one challenge that could hamper market growth is the availability of
substitutes for retinal surgeries. The global eye care surgical market is challenged by the availability of
drugs for the treatment of certain retinal disorders, which act as substitutes for retinal surgeries. Some
of the common drugs available for the treatment of diabetic retinopathy include Lipidil, Iluvien, Eylea,
Avastin, Lucentis, and Macugen. Drugs available in the market for the treatment of AMD include Eylea,
Lucentis, and Avastin. As these drug therapy treatments are easier and more popular, people are
reluctant to opt for retinal surgeries.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Eye Care Surgical Devices
Eye disorders such as cataract, glaucoma, diabetic retinopathy, diabetic macular edema, and other eyerelated surgical disorders are mostly treated with eye care surgical instruments. Ophthalmic lasers are
used to treat a variety of eye conditions such as tumors, glaucoma, age-related macular degeneration
(AMD), diabetic retinopathy, retinal disorders, cataracts, and vision correction. The devices used are
highly accurate and precise and allow patients to return home on the day of the surgery, avoiding a
hospital stay and extended recovery time. These devices have a lower risk of infection in laser surgeries.
Technavio’ s analysts forecast the global eye care surgical market to grow at a CAGR of 10.57% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global eye care surgical market
for 2016-2020. To calculate the market size, we consider revenue generated from the sale of eye care
surgical devices.
The market is divided into the following segments based on geography:
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• Americas
• APAC
• EMEA
Technavio's report, Global Eye Care Surgical Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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According to the report, a key driver that will boost growth is the untapped market in emerging countries. Emerging countries represent huge opportunities for the global eye care surgical market.