[272 Pages Report] The global ophthalmic surgical instruments market is expected to reach USD 11.18 Billion by 2022 from USD 7.87 Billion in 2016, at a CAGR of 6.0%. Growth in the global market is mainly driven by factors such as the increasing number of ophthalmic surgeries owing to the growth in geriatric population & related eye diseases, technological advancement in ophthalmic surgical devices, and government initiatives to increase the awareness about visual blindness across the globe.

Years considered for this report

2016 � Base Year

2017 � Estimated Year

2022 � Projected Year

Objectives of the Study

To define, describe, and forecast the global ophthalmic surgical instruments market on the basis of product type, end users, and region

To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To profile the key players in this market and comprehensively analyze their market shares and core competencies2

To forecast the market size of the global market with respect to five main regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

To track and analyze competitive developments such as merger, acquisitions, product developments, agreements, partnerships, collaborations, expansions, and research & development activities in the market

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global ophthalmic surgical instruments market and estimate the size of various other dependent submarkets. Major players were identified through secondary research, and their market revenues were determined through primary and secondary research. Secondary research included the study of International Council of Ophthalmology (ICO), American Academy of Ophthalmology (AAO), All India Ophthalmological Society (AIOS), European Board of Ophthalmology (EBO), Asia Pacific Academy of Ophthalmology, and the annual & financial reports of top market players, whereas primary research included extensive interviews with the key opinion leaders such as CEOs, directors, and marketing executives. The percentage splits, shares, and breakdowns of the product markets were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

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The prominent players in the global ophthalmic surgical instruments market are Alcon (Switzerland), Carl Zeiss Meditec (Germany), Johnson & Johnson Vision Care (US), Hoya Corporation (Japan), Bausch + Lomb (US), NIDEK (Japan), Topcon Corporation (Japan), Ellex Medical Lasers (Australia), IRIDEX Corporation (US), Lumenis (Israel), STAAR Surgical Company (US), and Ziemer Ophthalmic Systems (Switzerland).

Target Audience

Ophthalmic surgical instrument manufacturers

Suppliers and distributors of ophthalmology devices

Original equipment manufacturers (OEMs)

Ophthalmologists

Healthcare service providers (including hospitals, independent physicians, and private eye care centers)

Medical institutes

Health insurance players

Research and consulting firms

Scope of the Report

This research report categorizes the global market into the following segments:

Ophthalmic Surgical Instruments Market, By Product

Cataract Surgery Devices Intraocular Lenses (IOLs) Standard IOL Premium IOL Ophthalmic Viscoelastic Devices (OVDs) Cohesive OVDs Dispersive OVDs Combinational OVDs Phacoemulsification Devices Cataract Surgery Lasers IOL Injectors Cataract Surgery Instruments and Kits

Glaucoma Surgery Devices Glaucoma Drainage Devices (GDDS) Glaucoma Stents and Implants Glaucoma Laser Systems Microinvasive Glaucoma Surgery Devices Glaucoma Surgery Instruments & Kits

Refractive Surgery Devices Femtosecond Lasers Excimer Lasers Other Lasers Refractive Surgery Instruments & Kits

Vitreoretinal Surgery Devices Vitreoretinal Packs Vitrectomy Machines Photocoagulation Lasers Illumination Devices Vitrectomy Probes Vitreoretinal Surgery Instruments & its

Ophthalmic Microscopes

Accessories Tips & Handles Forceps Spatulas Scissors Macular Lenses Cannulas Others



Ophthalmic Surgical Instruments Market, By End User

Hospitals

Speciality Clinics and Ambulatory Surgical Centers (ASCs)

Other End Users

Ophthalmic Surgical Instruments Market, by Region

North America US Canada

Europe Germany France UK Italy Spain Rest of Europe (RoE)

APAC Japan China India Rest of Asia Pacific (RoAPAC)

Latin America Brazil Mexico Rest of Latin America (RoLA)

Middle East and Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

Product matrix, which gives a detailed comparison of the product portfolios of each company

Market Size Analysis

Further breakdown of the RoAPAC ophthalmic surgical instruments market in South Korea, Australia, New Zealand, and other countries

Company Information

Detailed analysis and profiling of additional market players (Up to 5)

The global ophthalmic surgical instruments market is estimated to reach USD 11.18 Billion by 2022 from USD 8.36 Billion in 2017, at a CAGR of 6.0%. Growing geriatric population and associated ophthalmic disorders, increasing number of ophthalmic surgeries owing to the rising prevalence of eye diseases, technological advancements, and rising government initiatives to increase the awareness of visual impairment are the major factors driving the growth of the market. However, the limited reimbursement for ophthalmic surgical procedures and high cost of these instruments may hinder the growth of this market. Furthermore, the lack of awareness and accessibility to eye care in low-income economies is a major challenge for the growth of the global market.

In this report, the market is segmented by product, end user, and region. By product, the ophthalmic surgical instruments market is majorly segmented into cataract surgery devices, refractive surgery devices, glaucoma surgery devices, vitreoretinal surgery devices, ophthalmic microscopes, and accessories. The cataract surgery devices segment accounted for the largest share of the market in 2016. The growth in this market is mainly attributed to the rising number of cataract surgeries performed across the globe owing to growing geriatric population and associated eye diseases such as age related macular degeneration (AMDs), diabetic retinopathy, and other eye disorders.

The glaucoma surgery devices segment will be the fastest-growing segment and based on its types, the glaucoma surgery devices market is segmented into glaucoma drainage devices, glaucoma laser systems, microinvasive glaucoma surgery devices, and glaucoma surgery instruments & kits. The glaucoma drainage devices segment accounted for the largest share of the market in 2016. The large share of this segment can primarily be attributed to the increasing use of glaucoma drainage implants for controlling surgical intraocular pressure (IOP) in patients with uncontrolled glaucoma.

On the basis of end user, the ophthalmic surgical instruments market is segmented into hospitals, specialty clinics & ambulatory surgery centers (ASCs), and other end users. In 2016, the hospitals segment accounted for the largest share of the global market. Factors such as increasing prevalence of eye disorders across the globe coupled with large patient pool treated at hospitals, high purchasing power of hospitals, and increasing number of hospitals in emerging countries are the key market drivers for this segment.

Geographically, North America represented the largest regional market in 2016, followed by Europe. Although, North America will continue to dominate the global ophthalmic surgical instruments market during the forecast period, the Asia Pacific (APAC) region is expected to be the fastest-growing market in the coming years. Growth in this region is driven by the growing geriatric population, rising prevalence of ocular diseases, increasing awareness about advanced surgical instruments, and rising healthcare expenditure in this region. Moreover, the growing medical tourism, increasing per capita income, and improving healthcare infrastructure is also supporting the growth of this market in Asia Pacific.

However, the high cost of ophthalmic surgical instruments and uncertainty in the reimbursement structure in the ophthalmology industry will limit the adoption of technologically advanced ophthalmic surgical devices among small- and mid-sized hospitals, thereby limiting the growth of the ophthalmic surgical instruments market in the coming years.

Major players in the Ophthalmic Surgical Instruments Market are continuously focusing on securing high market shares through product launches, expansions, agreements, partnerships, and acquisitions. The prominent players in the market are Alcon (Switzerland), Carl Zeiss Meditec (Germany), Johnson & Johnson Vision Care (US), Hoya Corporation (Japan), Bausch + Lomb (US), NIDEK (Japan), Topcon Corporation (Japan), Ellex Medical Lasers (Australia), IRIDEX Corporation (US), Lumenis (Israel), STAAR Surgical Company (US), and Ziemer Ophthalmic Systems (Switzerland).

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