0

Cataract Surgery Devices Market by Product, End-user and Geography - Forecast and Analysis 2023-2027

  • Published: Jan 2023
  • Pages: 170
  • SKU: IRTNTR70698
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The cataract surgery devices market is estimated to grow at a CAGR of 5.94% between 2022 and 2027. The size of the market is forecast to increase by USD 2,056.34 million. The growth of the market depends on serval factors, including the increasing prevalence of cataracts and the rise in the geriatric population, the increase in technological advances, and the rise in the number of cataract procedures.

This report extensively covers market segmentation by product (intraocular lens, phacoemulsification devices, ophthalmic viscosurgical devices, and femtosecond lasers), end-user (hospitals, clinics, and ophthalmology centers), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Cataract Surgery Devices Market During the Forecast Period?

Cataract Surgery Devices Market Size

To learn more about this report, Download Report Sample

Parent Market Analysis

Technavio categorizes the global cataract surgery devices market as a part of the global healthcare equipment market. The parent, global healthcare equipment market covers products and companies engaged in research and development (R&D) of a variety of product categories, including capital equipment, instruments, implants, accessories, and consumables that are used for the diagnosis, monitoring, and treatment of various diseases. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Cataract Surgery Devices Market: Key Drivers, Trends, Challenges, and Customer Landscape

The rise in the number of cataract procedures is notably driving the market growth, although factors such as device limitations and complications may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Cataract Surgery Devices Market Driver

An increasing number of cataract surgeries is a key factor driving the growth of the global cataract surgery devices market. Cataract surgery is considered one of the most commonly performed surgical procedures in various developed and developing countries. Therefore, the demand for this surgery is expected to increase due to various factors such as increasing incidence of cataract cases, demographic trends, advances in this surgery technology, growing geriatric population, and decreasing cost of surgeons. In 2022, approximately 30 million cataract procedures were performed globally.

Approximately 10 million cataract surgeries are performed each year in the world, with rates varying from 100 to 6000 operations per million population per year. Approximately 50% of ophthalmologists perform cataract surgeries regularly. These individuals need this surgery to regain clear visual sight. As the global aging population is rapidly increasing, the demand for cataract surgeries is expected to increase significantly. Hence, the increasing demand for cataract procedures will drive the growth of the market during the forecast period.

Significant Cataract Surgery Devices Market Trend

The availability of advanced and high-quality IOL implants is a major trend in the growth of the global cataract surgery devices market. Implantation of an intraocular lens (IOL) is a globally established procedure in this surgery. An intraocular lens is an artificial lens placed inside the eye to replace the focusing power of the natural lens within the retina, which is usually surgically removed as part of this surgery. Advanced, high-quality IOL implants can reduce reliance on post-operative spectacles or contact lenses and provide clear vision for a lifetime. Younger people tend to use her IOL implants more advanced than older people.

This technology is widely accepted in the US, UK, France, and Germany. Numerous vendors, such as Aurolab, have entered the market and offer various types of IOLs, including monofocal, multifocal, toric, and accommodative IOLs. As they offer an effective and easy solution for cataracts and partial blindness, advanced IOLs are being widely adopted by ophthalmologists globally. These factors are expected to drive the growth of the market focus during the forecast period.

Major Cataract Surgery Devices Market Challenge

Device limitations and complications are major challenges to the growth of the global cataract surgery devices market. Cataract surgery devices have several advantages. However, these devices also have certain drawbacks that limit their acceptance. Furthermore, toric IOLs may rotate off-axis, which can lead to partial effects like the correction of AcrySof toric can reduce by 10% for every 3-degree rotation off-axis. Some patients using multifocal IOLs require IOL exchange for different types of multifocal IOLs or monofocal IOLs due to not achieving satisfactory visual results. Multifocal IOLs have high sensitivity to minor ocular aberrations. These IOLs are also associated with corneal scarring, irregular corneal surfaces like Fuchs dystrophy, or retinal dysfunction like epiretinal membrane and macular degeneration, due to which visual expectations may not be met. A few other complications of multifocal IOLs include blurred vision, which is largely due to ametropia, posterior capsule opacification, and photic phenomena due to IOL decentration.

Femtosecond laser technology was approved for clinical applications by the FDA in 2000. It was initially only used in corneal refractive surgery. With the development of hardware and software, these lasers are used for other fields of ophthalmology, such as cataract surgery and corneal transplant. This technology has a few drawbacks or limitations. High start-up costs of femtosecond laser technology equipment pose challenges to healthcare organizations. The use of such equipment requires training, which can be time-consuming and may affect the workflow during the initial usage of the equipment. These limitations and disadvantages of the surgery devices make consumers skeptical about their purchase or use, and therefore they serve as a hurdle for the growth of the market during the forecast period.

Key Cataract Surgery Devices Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Cataract Surgery Devices Market Share by Geography

Global Cataract Surgery Devices Market Customer Landscape

Who are the Major Cataract Surgery Devices Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

lenstec.com - The company offers cataract surgery devices such as ClearView 3., Also, through this segment, the company offers intraocular lens implants and lens injection systems.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Abbott Laboratories
  • AbbVie Inc.
  • Alcon Inc.
  • Bausch Health Co Inc.
  • Carl Zeiss AG
  • CRISTALENS
  • EssilorLuxottica SA
  • HOYA Corp.
  • Johnson and Johnson
  • Metall Zug AG
  • Mitsui Chemicals Inc.
  • NIDEK Co. Ltd.
  • Oertli Instrumente AG
  • Rayner Intraocular Lenses Ltd.
  • ROWIAK GmbH

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Cataract Surgery Devices Market?

The market share growth by the intraocular lens segment will be significant during the forecast period. IOLs are medical devices implanted in the eye during cataract surgery to replace the natural lens. IOLs are used to treat cataracts or myopia. IOLs used to correct vision are called refractive lens exchange. The global IOLs market is growing steadily due to the increasing focus of vendors to manufacture innovative products with enhanced efficiency and safety. Standard IOLs that use a monofocal approach cannot eliminate the dependency on spectacles. However, premium IOLs correct multiple types of vision loss. Therefore, premium IOLs eliminate the need for glasses.

Cataract Surgery Devices Market Size

Get a glance at the market contribution of various segments Request a PDF Sample

The intraocular lens segment was valued at USD 2,937.82 million in 2017 and continue to grow by 2021IOLs enable patients to rapidly obtain clear vision post-cataract surgery due to the availability of high-definition (HD) IOLs that have few side effects. IOL implantations are one of the ophthalmic surgical procedures with the highest success rates. It is estimated that approximately 15 million IOLs are inserted every year globally, and this number is expected to grow significantly due to the increasing aging population and the growing demand for high-quality vision care products. IOLs are available as non-foldable-rigid IOLs, foldable IOLs, and rollable/ultra-thin IOLs that are made of different optical materials. Such factors will drive the growth of the global IOLs market during the forecast period.

Which are the Key Regions for the Cataract Surgery Devices Market?

Cataract Surgery Devices Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

North America is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. This market includes improved healthcare infrastructure, government programs, funding for eye diseases and vision care, the presence of favorable reimbursement policies in developed countries such as the US and Canada, and the growing presence of global companies manufacturing cataract surgery products. The market is expected to grow steadily during the forecast period due to the increasing adoption of technologically advanced devices and cataract surgery devices with features to improve clinical outcomes. Such factors will increase the market growth during the forecast period.

The outbreak of COVID-19 adversely affected all countries in North America, especially the US. However, by the second half of 2020, most lockdown-related restrictions in various countries were relaxed to some extent, which allowed the movement of people and thus led to an increase in the number of people visiting diagnostic centers, ASCs, and hospitals. The growth of the market was further fueled by the full resumption of healthcare equipment manufacturing operations owing to the large-scale COVID-19 vaccination drives conducted in the region from Q4 of 2020, which continued in 2021 as well. These factors spurred the demand for cataract surgery devices in North America. Due to these things, the regional market is expected to witness an accelerating growth momentum during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Intraocular lens
    • Phacoemulsification devices
    • Ophthalmic viscosurgical devices
    • Femtosecond lasers
  • End-user Outlook (USD Million, 2017 - 2027)
    • Hospitals
    • Clinics
    • Ophthalmology centers
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • ROW
      • Australia
      • Argentina
      • Rest of the World

Cataract Surgery Devices Market Scope

Report Coverage

Details

Page number

170

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.94%

Market growth 2023-2027

USD 2,056.34 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.7

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 42%

Key countries

US, UK, Germany, Japan, and China

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Abbott Laboratories, AbbVie Inc., Alcon Inc., Bausch Health Co Inc., Carl Zeiss AG, CRISTALENS, EssilorLuxottica SA, HOYA Corp., Johnson and Johnson, Lenstec Inc., Metall Zug AG, Mitsui Chemicals Inc., NIDEK Co. Ltd., Oertli Instrumente AG, Rayner Intraocular Lenses Ltd., ROWIAK GmbH, SIFI SPA, STAAR Surgical Co., Topcon Corp., and Ziemer Ophthalmic Systems AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Cataract Surgery Devices Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the cataract surgery devices market between 2023 and 2027
  • Precise estimation of the size of the cataract surgery devices market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cataract surgery devices market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global cataract surgery devices market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global cataract surgery devices market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Intraocular lens - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Intraocular lens - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Intraocular lens - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Intraocular lens - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Intraocular lens - Year-over-year growth 2022-2027 (%)
    • 6.4 Phacoemulsification devices - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Phacoemulsification devices - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Phacoemulsification devices - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Phacoemulsification devices - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Phacoemulsification devices - Year-over-year growth 2022-2027 (%)
    • 6.5 Ophthalmic viscosurgical devices - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Ophthalmic viscosurgical devices - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Ophthalmic viscosurgical devices - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Ophthalmic viscosurgical devices - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Ophthalmic viscosurgical devices - Year-over-year growth 2022-2027 (%)
    • 6.6 Femtosecond lasers - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Femtosecond lasers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Femtosecond lasers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Femtosecond lasers - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Femtosecond lasers - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Product
      • Exhibit 50: Market opportunity by Product ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 51: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 52: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 53: Chart on Comparison by End-user
      • Exhibit 54: Data Table on Comparison by End-user
    • 7.3 Hospitals and clinics - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
    • 7.4 Ophthalmology centers - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Ophthalmology centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Ophthalmology centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Ophthalmology centers - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Ophthalmology centers - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 63: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 UK - Market size and forecast 2022-2027
      • Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Alcon Inc.
              • Exhibit 112: Alcon Inc. - Overview
              • Exhibit 113: Alcon Inc. - Business segments
              • Exhibit 114: Alcon Inc. - Key offerings
              • Exhibit 115: Alcon Inc. - Segment focus
            • 12.4 Bausch Health Co Inc.
              • Exhibit 116: Bausch Health Co Inc. - Overview
              • Exhibit 117: Bausch Health Co Inc. - Business segments
              • Exhibit 118: Bausch Health Co Inc. - Key news
              • Exhibit 119: Bausch Health Co Inc. - Key offerings
              • Exhibit 120: Bausch Health Co Inc. - Segment focus
            • 12.5 Carl Zeiss AG
              • Exhibit 121: Carl Zeiss AG - Overview
              • Exhibit 122: Carl Zeiss AG - Business segments
              • Exhibit 123: Carl Zeiss AG - Key offerings
              • Exhibit 124: Carl Zeiss AG - Segment focus
            • 12.6 EssilorLuxottica SA
              • Exhibit 125: EssilorLuxottica SA - Overview
              • Exhibit 126: EssilorLuxottica SA - Business segments
              • Exhibit 127: EssilorLuxottica SA - Key offerings
              • Exhibit 128: EssilorLuxottica SA - Segment focus
            • 12.7 HOYA Corp.
              • Exhibit 129: HOYA Corp. - Overview
              • Exhibit 130: HOYA Corp. - Business segments
              • Exhibit 131: HOYA Corp. - Key offerings
              • Exhibit 132: HOYA Corp. - Segment focus
            • 12.8 Johnson and Johnson
              • Exhibit 133: Johnson and Johnson - Overview
              • Exhibit 134: Johnson and Johnson - Business segments
              • Exhibit 135: Johnson and Johnson - Key news
              • Exhibit 136: Johnson and Johnson - Key offerings
              • Exhibit 137: Johnson and Johnson - Segment focus
            • 12.9 Lenstec Inc.
              • Exhibit 138: Lenstec Inc. - Overview
              • Exhibit 139: Lenstec Inc. - Product / Service
              • Exhibit 140: Lenstec Inc. - Key offerings
            • 12.10 Metall Zug AG
              • Exhibit 141: Metall Zug AG - Overview
              • Exhibit 142: Metall Zug AG - Business segments
              • Exhibit 143: Metall Zug AG - Key offerings
              • Exhibit 144: Metall Zug AG - Segment focus
            • 12.11 Mitsui Chemicals Inc.
              • Exhibit 145: Mitsui Chemicals Inc. - Overview
              • Exhibit 146: Mitsui Chemicals Inc. - Business segments
              • Exhibit 147: Mitsui Chemicals Inc. - Key offerings
              • Exhibit 148: Mitsui Chemicals Inc. - Segment focus
            • 12.12 NIDEK Co. Ltd.
              • Exhibit 149: NIDEK Co. Ltd. - Overview
              • Exhibit 150: NIDEK Co. Ltd. - Business segments
              • Exhibit 151: NIDEK Co. Ltd. - Key offerings
              • Exhibit 152: NIDEK Co. Ltd. - Segment focus
            • 12.13 Oertli Instrumente AG
              • Exhibit 153: Oertli Instrumente AG - Overview
              • Exhibit 154: Oertli Instrumente AG - Product / Service
              • Exhibit 155: Oertli Instrumente AG - Key offerings
            • 12.14 Rayner Intraocular Lenses Ltd.
              • Exhibit 156: Rayner Intraocular Lenses Ltd. - Overview
              • Exhibit 157: Rayner Intraocular Lenses Ltd. - Product / Service
              • Exhibit 158: Rayner Intraocular Lenses Ltd. - Key offerings
            • 12.15 SIFI SPA
              • Exhibit 159: SIFI SPA - Overview
              • Exhibit 160: SIFI SPA - Product / Service
              • Exhibit 161: SIFI SPA - Key news
              • Exhibit 162: SIFI SPA - Key offerings
            • 12.16 STAAR Surgical Co.
              • Exhibit 163: STAAR Surgical Co. - Overview
              • Exhibit 164: STAAR Surgical Co. - Product / Service
              • Exhibit 165: STAAR Surgical Co. - Key offerings
            • 12.17 Topcon Corp.
              • Exhibit 166: Topcon Corp. - Overview
              • Exhibit 167: Topcon Corp. - Business segments
              • Exhibit 168: Topcon Corp. - Key news
              • Exhibit 169: Topcon Corp. - Key offerings
              • Exhibit 170: Topcon Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Cataract Surgery Devices market growth will increase by $2056.34 million during 2023-2027.
              The cataract surgery devices market is expected to grow at a CAGR of 5.94% during 2023-2027.
              Technavio has segmented the cataract surgery devices market by product (Intraocular lens, Phacoemulsification devices, Ophthalmic viscosurgical devices, and Femtosecond lasers) ,end-user (Hospitals, clinics, Ophthalmology centers, and ROW) , and geography (North America, Europe, Asia, and Rest of World (ROW)).
              Abbott Laboratories, AbbVie Inc., Alcon Inc., Bausch Health Co Inc., Carl Zeiss AG, CRISTALENS, EssilorLuxottica SA, HOYA Corp., Johnson and Johnson, Lenstec Inc., Metall Zug AG, Mitsui Chemicals Inc., NIDEK Co. Ltd., Oertli Instrumente AG, Rayner Intraocular Lenses Ltd., ROWIAK GmbH, SIFI SPA, STAAR Surgical Co., Topcon Corp., Ziemer Ophthalmic Systems AG are a few of the key vendors in the cataract surgery devices market.
              North America will register the highest growth rate of 41.85% among the other regions. Therefore, the cataract surgery devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the cataract surgery devices market growth are:
              • Increasing prevalence of cataracts and rise in geriatric population
              • Increasing medical tourism for low-cost cataract surgery
              The cataract surgery devices market vendors should focus on grabbing business opportunities from the intraocular lens segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

              Certified ISO 9001 : 2015

              We are ISO recognized

              We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

              We are GDPR and CCPA compliant

              We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

              Safe and Secure SSL Encrypted
              Technavio

              info
              close
              • Single:

                One user only.
                Quick & easy download option

              • Enterprise:

                Unlimited user access (Within your organization)
                Complimentary Customization Included

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Customized Report as per your Business Needs

              • Our analysts will work directly with you and understand your needs
              • Get data on specified regions or segments, competitor and Vendors
              • Data will be formatted and presented as per your requirements
              • We offer $1000 worth of FREE customization at the time of purchase

              Let us help you make report more suited to your requirements.

              • Get a competitive breakdown as per your niche industry
              • Customize the data with various metrics that meet your business prerequisite
              • Understand Revenue Sources, Customers and many more
              • Details on Market Share
              • These customizations are done in a short amount of time by our analysts and industry experts
              Technavio
              Enquire Before Buying
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>