Vitrectomy Machines Market
Global Vitrectomy Machines Market - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global Vitrectomy Machines Market: By Product Type (Vitrectomy Machines, Vitrectomy Packs, Microscopic Illumination Equipment, Surgical Instruments, and Others), By Application (Retinal Detachment, Diabetic Retinopathy, Trauma, Macular Surgery, Pediatric Retinal Disorders, and Others), By End User (Hospitals, Eye Clinics, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global vitrectomy machines market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024
Market Outline: Vitrectomy Machines Market
Vitrectomy is a surgical procedure that is undertaken by the specialist where the vitreous humor gel that fills the eye cavity is removed in order to provide a better access to the retina. This allows various types of repairs such as treatment of macular holes, removal of scar tissue, and laser repair of retinal detachments. In order to help retina hold in position after the surgery, gas bubble or silicon oil, saline are injected.
Market Dynamics: Vitrectomy Machines Market
Increase in the prevalence of eyes diseases and rise in the geriatric population are majorly driving the growth of the vitrectomy machines market. The advancements in the technology is also playing a significant role in the growth of the market. The growing awareness among the patient population is enabling to adopt the new surgical procedures which is enhancing the vitrectomy machines market. However, the high cost of the surgical process, lack of government support to the non-profitable organizations and poor healthcare policies in developing countries may hinder the growth of the vitrectomy machines market.
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Market Scope: Vitrectomy Machines Market
Vitrectomy machines market is segmented based on the product type, applications, and end user.
Based on the product type, the market is segmented into the following:
• Vitrectomy Machines
• Vitrectomy Packs
• Microscopic Illumination Equipment
• Surgical Instruments
• Others
Based on the applications, the market is segmented into the following:
• Retinal Detachment
• Diabetic Retinopathy
• Trauma
• Macular Surgery
• Pediatric Retinal Disorders
• Others
Based on the end user, the market is segmented into the following:
• Hospitals
• Eye Clinics
• Others
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Regional Analysis: Vitrectomy Machines Market
Geographically, global vitrectomy machines market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America vitrectomy machines market growth driven by increase in the prevalence of eye diseases. Cost-effectiveness of surgical procedures and the awareness about the surgical procedures among healthcare fraternity in the region is driving the market. Followed by North America is the European and Asia Pacific regions are dominating the market.
Competition Assessment: Vitrectomy Machines Market
Some of the players in the global vitrectomy machines market include:
• IRIDEX Corporation (U.S)
• Synergetics, Inc. (U.S)
• Bausch & Lomb (U.S)
• Optos PLC (UK)
• Topcon Corporation (Japan)
• Leica Microsystems GmbH (Germany)
• Carl Zeiss Meditec AG (Germany)
• Alcon, Inc. (U.S)
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Notable Market Developments: Vitrectomy Machines Market
In August 2017, Bausch + Lomb has launched the Stellaris Elite vision enhancement system for retinal surgery in the US
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