Cataract Surgery Devices Market In-Depth Analysis 2018-2022

MRC Announces the Publication of its Research Report – Global Cataract Surgery Devices Market 2018-2022

MRC recognizes the following companies as the key players in the cataract surgery devices market: Carl Zeiss Meditec, HOYA, Johnson & Johnson, NIDEK, Novartis, Valeant Pharmaceuticals

Commenting on the report, an analyst from MRC’s team said: “The increasing medical tourism for low cost cataract surgery will be a key trend for the market growth. Cataract surgery is commonly performed in countries such as India, South Korea, Turkey, Malaysia, Mexico, Singapore, and Jordan. These locations offer high quality of treatment at lower costs that attracts individuals from developed countries.”

According to the report, the increasing prevalence of cataract and rise in geriatric population will drive the market growth. Cataract is the leading cause of blindness and vision loss in developed and developing countries. It is also prevalent in older population due to the accumulation of protein that affects vision. The number of people suffering from cataract and have undergone surgery are increasing steadily.

Further, the report states that high cost of cataract surgeries and insufficient insurance coverage will impact the market growth. The high price of cataract surgery devices has increased the cost expense for end-users and impact the adoption rate of expensive cataract surgery devices. Also, reimbursements are permissible upto the home country allowed limit.

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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.
The market is expected to grow at a CAGR of 3.13%

About cataract surgery devices

Cataract surgery is a procedure to remove the clouded natural lens, that is due to cataract, from the eye and replace it with an artificial lens that restores vision. Only surgical removal of cataract can restore vision.
MRC’s analysts forecast the Global cataract surgery devices market to grow at a CAGR of 3.42% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the cataract surgery devices market. To calculate the market size, the report considers the revenue generated from end-users such as hospitals, ophthalmology clinics, and ASCs.

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Some points from TOC:-

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
IOLs
Phacoemulsification devices
OVDs
Femtosecond lasers
Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Hospitals
Ophthalmology clinics
ASCs
PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Cataract surgery devices market in Americas
Cataract surgery devices market in EMEA
Cataract surgery devices market in APAC
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Increasing medical tourism for low cost cataract surgery
Increasing access to cataract surgery in emerging markets
Increasing strategic collaborations and M&A

……………….Continued

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