Cataract Surgery Devices Market is Witnessing Phenomenal Growth by 2023

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Cataract Surgery Devices Market
Opportunity Analysis and Industry Forecast,
2016-2023
Global Opportunity Analysis and Industry
Forecast, 2017-2023
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Introduction of Cataract Surgery Devices Market
The cataract surgery devices market was valued at
7,025 million in 2016, and is projected to reach
9,587 million by 2023, growing at a CAGR of 4.3
from 2017 to 2023. The intraocular lenses (IOLs)
segment accounted for half share of the global
market in 2016. Cataract is a condition in which
clouding of the lens occurs. Cataract surgery
devices are instruments and consumables, such as
intraocular lens (IOLs), salt solutions, forceps,
syringe, liquids for scrubbing, and various hand
pieces, which aid in a cataract surgery. These
surgery devices help enter vitreous cavity and
separating the natural lens from the
cavity. Increase in incidences of diseases such
as diabetes, obesity, and hypertension. In
addition, the growth in geriatric population also
boosts the growth of the market as geriatric
population is more prone to cataract ailments.
However, dearth of skilled professionals restrain
the growth of the market. Moreover, government
and non-profit organizations introduce programs
to reduce the burden of cataract-related diseases
globally, which create lucrative opportunities
for key market players.
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Introduction of Cataract Surgery Devices Market
Scope of
the Report
Key Benefits Key Audiences
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Key Benefits

• The phacoemulsification systems segment accounted
  for one-third share of the total market in 2016
  and is expected to grow with a high CAGR of 4.4
  during the forecast period.
• The equipment segment is the fastest growing type
  of cataract surgery devices of global market in
  2016, and is expected to grow at a CAGR of 4.6
  during the forecast period.
• The U.S. dominated the North America cataract
  surgery devices market, accounting for the
  maximum share of the global market in 2016.
• Asia-Pacific is exhibited to grow at a
  significant CAGR of 5.9 during the forecast
  period.
• China was the fastest growing country in the
  Asia-Pacific cataract surgery devices market in
  2016, registering a CAGR of 9.3, and is
  anticipated to continue this trend during the
  forecast period.
• The hospitals segment contributed to the highest
  market share in 2016, registering a CAGR of 4.0
  from 2017to 2023.

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Table of Content (TOC)
Chapter 1 Introduction Chapter 2 Executive
Summary Chapter 3 Market Overview Chapter 4
Cataract Surgery Devices, By Product Chapter 5
Cataract Surgery Devices Market, By
Type Chapter 6 Cataract Surgery Devices Market,
By Type Of Surgery Chapter 7 Cataract Surgery
Devices Market, By End User Chapter 8 Cataract
Surgery Devices Market, By Geography Chapter 9
Company Profiles
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Segments Cataract Surgery Devices Market
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Segments Cataract Surgery Devices Market
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Analyst Review Cataract Surgery Devices Market
Cataract is a medical condition, which results in
the clouding of the eyes natural lens. This lens
lies behind the pupil and the iris.
Phacoemulsification surgery, extracapsular
cataract extraction surgery, and manual small
incision cataract surgery are different types of
cataract surgeries. Devices used in cataract
surgery are of two types-equipment and
consumables. Equipment are the instruments, which
aid in the cataract surgeries whereas,
consumables include intraocular lens, salt
solutions, gloves, and drapes. As per the
American Academy of Ophthalmology in 2014, around
2 million cataract surgeries were conducted in
the U.S., which is projected to be around 50
million by 2050. Such high prevalence of the
diseases across the globe is expected to drive
the global cataract surgical devices market
during the forecast period.
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Company Profiles Cataract Surgery Devices Market

1. Abbott Laboratories
2. NOVARTIS AG
3. CARL ZEISS MEDITEC AG
4. ESSILOR INTERNATIONAL S.A
5. HAAG-STREIT HOLDING AG
6. JOHNSON JOHNSON

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