Transparency Market Research has published a new report, titled “Retinal Surgery Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”.According to the report, the global retinal surgery devices market will expand at a 7.30% CAGR during the forecast period from 2014 to 2020. In 2013, the global retinal surgery devices market was worth more than US$1.2 bn and by 2020, the market is projected to be worth over US$2.0 bn. Besides the forecast of the global market for retinal surgery devices, the research study also provides valuable facts and figures for various key segments.
Browse the full Retinal Surgery Devices Market [Equipment Type: Vitrectomy Packs, Vitrectomy Machines, Retinal Laser Equipment, Microscopic Illumination Equipment, Surgical Instruments (Cannulas, Forceps, Cutters, Cryoprobes, etc.) & Others (Retinal Tamponades, Sclera Buckle, etc.); Applications: Diabetic Retinopathy, Retinal Detachment, Epiretinal Membrane, Macular Hole & Others (Eye infections and Eye injuries)] - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/retinal-surgery-devices-market.html
The vitrectomy packs segment dominated the global retinal surgery devices market with a share of 25% in 2013. The vitrectomy packs segment will expand at the highest CAGR during the forecast period in the global retinal surgery devices market among all product segments. This segment benefits from factors such as greater timesaving related to operating room start-up time and elevated cost savings by reducing waste per surgery. Some other product segments in the global retinal surgery devices market are surgical instruments, microscopic illumination equipment, retinal laser equipment, and vitrectomy machines.
By application, the global retinal surgery devices market is divided into epiretinal membrane, macular hole, retinal detachment, diabetic retinopathy, and others. In 2013, the diabetic retinopathy segment dominated the global retinal surgery devices market due to the rising prevalence of diabetes and associated eye disorders around the world.
North America is the leading regional market in the global retinal surgery devices market. North America held a share of 35% in the global retinal surgery devices market in 2013. Countries in Asia Pacific such as South Korea, Japan, Australia, Malaysia, China, and India are expected to witness remarkable growth in the global retinal surgery devices market. Several factors will contribute to the growth of the Asia Pacific retinal surgery devices market. These include support from the government to improve infrastructure in the healthcare industry, easy market penetration in emerging economies, skilled workforce, and large population.
Request A Sample Of This Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4152
The global retinal surgery devices market is driven by the advancement in technology in the field of ophthalmic surgery. In addition to this, the market will benefit from the sustained increase in the geriatric population, along with the elevated life expectancy of the same. On the other hand, the high price associated with retinal surgery devices will challenge the global retinal surgery devices market.
Players in the global retinal surgery devices market will be able to boost their ROI and expand their reach by focusing on developing economies. Furthermore, investment in research and development projects will also lend companies a competitive advantage in the global retinal surgery devices market. For inorganic growth, the research study recommends strategic M&As. Some of the key players operating in the global retinal surgery devices market are Alcon, Carl Zeiss Meditec, IRIDEX Corporation, Lumenis, NIDEK, Optos, and Topcon Medical Systems.
No comments:
Post a Comment