The global eye care surgical market size reached US$ 6.6 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 10.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.0% during 2023-2032. The rising aging population, growing incidence of eye diseases, increasing awareness and access to healthcare, constant lifestyle changes, and stringent government initiatives and insurance coverage schemes represent some of the key factors driving the market.
Eye care surgical refers to a branch of medicine that focuses on surgical procedures aimed at diagnosing, treating, and correcting various conditions and diseases affecting the eyes. It encompasses a wide range of surgical interventions performed by ophthalmologists, specialized medical professionals who specialize in eye care. Eye care surgical procedures can address a multitude of conditions, including cataracts, glaucoma, refractive errors (such as nearsightedness, farsightedness, and astigmatism), corneal disorders, retinal diseases, and eye injuries. Some commonly performed eye care surgical procedures include cataract surgery, which involves the removal of the cloudy lens and implantation of an artificial lens; laser refractive surgery, such as LASIK or PRK, which reshapes the cornea to correct refractive errors; glaucoma surgery, which aims to reduce intraocular pressure to prevent optic nerve damage; and retinal surgery, which repairs retinal detachments, macular holes, or diabetic retinopathy. The use of precision instruments, lasers, and microsurgical techniques has improved surgical outcomes, reduced complications, and shortened recovery times. Eye care surgical procedures are typically performed in specialized surgical centers or hospitals with dedicated ophthalmology departments. The procedures require highly skilled ophthalmic surgeons who undergo extensive training and possess expertise in specific surgical techniques.
Eye care surgical refers to a branch of medicine that focuses on surgical procedures aimed at diagnosing, treating, and correcting various conditions and diseases affecting the eyes. It encompasses a wide range of surgical interventions performed by ophthalmologists, specialized medical professionals who specialize in eye care. Eye care surgical procedures can address a multitude of conditions, including cataracts, glaucoma, refractive errors (such as nearsightedness, farsightedness, and astigmatism), corneal disorders, retinal diseases, and eye injuries. Some commonly performed eye care surgical procedures include cataract surgery, which involves the removal of the cloudy lens and implantation of an artificial lens; laser refractive surgery, such as LASIK or PRK, which reshapes the cornea to correct refractive errors; glaucoma surgery, which aims to reduce intraocular pressure to prevent optic nerve damage; and retinal surgery, which repairs retinal detachments, macular holes, or diabetic retinopathy. The use of precision instruments, lasers, and microsurgical techniques has improved surgical outcomes, reduced complications, and shortened recovery times. Eye care surgical procedures are typically performed in specialized surgical centers or hospitals with dedicated ophthalmology departments. The procedures require highly skilled ophthalmic surgeons who undergo extensive training and possess expertise in specific surgical techniques.
Eye Care Surgical Market Trends:
One of the primary factors driving the market is the increase in the elderly population, leading to a higher prevalence of age-related eye conditions, such as cataracts, glaucoma, and macular degeneration, as these conditions often require surgical intervention for treatment and vision restoration. Additionally, the growing incidence of eye diseases also drives the need for surgical interventions to prevent vision loss and maintain or improve visual function. Other than this, the rising awareness about eye health and play a vital role in accelerating the adoption of eye care surgical procedures. Efforts to educate the public about eye diseases, regular eye examinations, and the effectiveness of surgical treatments have contributed to increased patient awareness and acceptance of surgical interventions. Apart from this, the development of minimally invasive techniques, such as small incision cataract surgery and minimally invasive glaucoma surgery, has allowed for faster healing and improved patient comfort. Moreover, improved access to healthcare facilities, particularly in emerging economies, has led to greater availability of eye care surgical services, further driving market growth. Furthermore, modern lifestyles characterized by increased digital device usage, prolonged screen time, and exposure to environmental factors such as pollution and ultraviolet radiation also impact eye health. These factors have contributed to the development of eye conditions, including dry eye syndrome and refractive errors, which may require surgical intervention for effective treatment and correction.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global eye care surgical market, along with forecasts at the global, regional, and country levels from 2024-2032. The report has categorized the market based on the product, application, and end user.Product Insights:
- Implants and Stents
- Laser Surgery Device
- Phacoemulsification Equipment
- Viscoelastics
Application Insights:
- Cataract Surgery
- Oculoplastic Surgery
- Vitreo-Retinal Surgery
- Corneal Surgery
- Refractive Surgery
- Glaucoma Surgery
- Others
End User Insights:
- Hospitals
- Ophthalmology Clinics
- Eye Research Institutes
- Ambulatory Surgical Centers
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global eye care surgical market. Detailed profiles of all major companies have been provided. Some of the companies covered include Alcon Inc., Bausch + Lomb (Bausch Health Companies Inc.), BVI Holding Limited, Carl Zeiss Meditec AG (Carl Zeiss AG), Glaukos Corporation, iSTAR Medical, Lumenis Be Ltd., Nidek Co. Ltd., Sight Sciences, Ziemer Ophthalmic Systems AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global eye care surgical market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global eye care surgical market?
- What is the impact of each driver, restraint, and opportunity on the global eye care surgical market?
- What are the key regional markets?
- Which countries represent the most attractive eye care surgical market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the eye care surgical market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the eye care surgical market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the eye care surgical market?
- What is the competitive structure of the global eye care surgical market?
- Who are the key players/companies in the global eye care surgical market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Eye Care Surgical Market
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by End User
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Alcon Inc.
- Bausch + Lomb (Bausch Health Companies Inc.)
- BVI Holding Limited
- Carl Zeiss Meditec AG (Carl Zeiss AG)
- Glaukos Corporation
- iSTAR Medical
- Lumenis Be Ltd.
- Nidek Co. Ltd.
- Sight Sciences
- Ziemer Ophthalmic Systems AG
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 6.6 Billion |
| Forecasted Market Value ( USD | $ 10.2 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
