Vitreoretinal Surgery Devices Market

Vitreoretinal Surgery Devices Market is projected to grow at 6.6% CAGR during the forecast period and anticipated to reach at USD 1,589 Million by 2021.

The Global vitreoretinal retinal surgery devices market is expected to grow at substantial rate in the near future. The rise in the geriatric population globally coupled with the growing number of eye disorders are the key factors which are propelling the growth of the vitreoretinal retinal surgery devices market. In addition, the technological advancements will further help the market to grow at a substantial rate during the forecast period.

On the basis of product, Vitrectomy Machines & Packs segment held the largest share in 2016 and Vitrectomy Machines & Packs is also expected to grow at a significant rate during the forecast period owing to the advantages such as cost-effectiveness, the waste-generation is less and is time-efficient in terms of operation duration

North American region holds the largest market share in the global vitreoretinal surgery devices market. The key factor fuelling the growth of the market in the North American region is the increase in the number of geriatric population, new technological advancements and well-established healthcare infrastructure. On the other hand, Asia-Pacific is expected to grow at the highest rate during the forecast period. China and India are the key countries in the region which have substantial shares in the Asia-Pacific vitreoretinal surgery devices market.

This research report on global vitreoretinal surgery devices market provides in-depth analysis of the global vitreoretinal surgery devices market based on product, end-user and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for vitreoretinal surgery devices market. The report also analyses the competitive landscape and the major player and their market share in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.

The report also profiles the major companies active in this field, including Alcon, Bausch & Lomb, Carl Zeiss Meditec AG, NIDEK CO. Ltd., Topcon Corporation, OCULUS, MedOne Surgical Inc., D.O.R.C, Optikon, Peregrine Surgical

Key questions this research would answer:

• Is the vitreoretinal surgery devices market growing? How long will it continue to grow and at what rate?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
• What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the vitreoretinal surgery devices market?
• What are the various products and how they are poised to grow?

The global vitreoretinal surgery devices market is segmented on the basis of product, end-user and geography:

Global Vitreoretinal Surgery Devices Market by Product

• Vitrectomy Machines & Packs
• Photocoagulation Surgery Devices
• Illumination Devices
• Others

Global Vitreoretinal Surgery Devices Market by End-User

• Hospitals
• Free Standing Ambulatory Surgery Centre (ASC)

Global Vitreoretinal Surgery Devices Market by Region

• North America
• Europe
• Asia-Pacific
• RoW

Global Vitreoretinal Surgery Devices Market Competitive Landscape

• Major Players and their Market Share Analysis
• New product launches
• Mergers and acquisitions