Vendors are deploying organic and inorganic growth strategies to compete in the market

NEW YORK , Sept. 14, 2022 /PRNewswire/ — One of the particular key vendors operating in the eye care surgical devices market is Alcon Inc. The company offers contact lenses and lens care products. In April 2021 , the company launched Systane Hydration Multi Dose Preservative Free (MDPF) lubricant eye drops. The market also has the presence of a few other major players, such as Bausch Health Companies Inc., Carl Zeiss AG, Johnson and Manley Inc., Lumenis Ltd., and Novartis AG.

Challenges Faced by Eye Care Surgical Devices Market Vendors

The eye care surgical devices market is fragmented with the presence of many global plus local suppliers. The market is highly competitive, and the vendors offer numerous products, which is increasing the market competition.

Key Vendor Strategies to Overcome Market Difficulties

Key techniques used by suppliers to overcome the above challenges have been identified by Technavio. To maintain their position within the market, new players in the market should understand the critical business policies and identify the product portfolio of the existing companies. Small and regional vendors are usually forming strategic alliances along with global companies to gain a portion from the market.

Technavio’s reports provide key strategic initiatives utilized by vendors, along with key news and the latest developments. View our FREE PDF Sample Report Now

Marketplace Growth Potential

The eye treatment surgical products market size is expected to grow simply by 3. 49 bn from 2020 in order to 2025. In addition , the growth momentum of the market will accelerate at a CAGR associated with 5. 86% during the particular forecast period.

Technavio provides a comprehensive report summary describing the marketplace size plus forecast together with research methodology. The sample report is available in PDF format

Factors that will Drive the Market

Suppliers in the eye care surgical gadgets market can take advantage of a couple of factors that will work in their favor. One of these factors includes the high incidence associated with eye diseases, particularly in industrialized and middle-income countries. Glaucoma, Cataract, retinal tears or holes, macular degeneration, diabetic retinopathy, myopia, hyperopia, and astigmatism are the particular most common vision disorders. According to the World Wellness Organization (WHO), in 2019, around 2. 2 billion people were visually impaired globally because of attention diseases. As a result, the need for ophthalmic surgeries will be rising, which, in turn, is usually resulting in a rise in the particular revenue inflow in the market.

Technavio has recognized key trends, drivers, plus challenges on the market, which will certainly help vendors improve their own strategies to stay ahead of their particular competitors. View our FREE PDF Sample Statement

Related Reports

Nasal Splint Market by Product and Geography : Forecast plus Analysis 2022-2026: Lack of awareness about postoperative complications of surgery may challenge the market development.

Ophthalmology Surgical Products Market simply by Product and Geography – Forecast plus Analysis 2022-2026: Factors such as high cost and limited reimbursements may problem the marketplace growth.

Eye Treatment Surgical Gadgets Market Scope

Record Coverage

Details

Page number

120

Base year

2020

Forecast time period

2021-2025

Growth momentum & CAGR

Accelerate in a CAGR of 5. 86%

Market growth 2021-2025

USD 3. 49 billion dollars

Market structure

Fragmented

YoY growth (%)

5. 35

Regional analysis

North America, Europe, Asia, plus ROW

Performing market contribution

The united states at 37%

Key consumer nations

US, UK, Germany, China, and France

Competitive landscape

Leading businesses, competitive methods, consumer engagement scope

Companies profiled

Alcon Inc., Bausch Health Businesses Inc., Carl Zeiss AG, Johnson and Johnson Incorporation., Lumenis Ltd., Novartis AG, Quantel Medical, TissueTech Inc., Topcon Corp., and Ziemer Ophthalmic Systems AG

Marketplace Dynamics

Parent market evaluation, market growth inducers plus obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition evaluation for the forecast period.

Customization purview

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

Browse Health Care   Market Reports

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Marketplace Sizing

  • Market definition
  • Marketplace segment evaluation
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power associated with suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Danger of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Software
  • Cataract Surgery — Market dimension and prediction 2020-2025
  • Glaucoma surgery : Market size and forecast 2020-2025
  • Diabetic eye surgical treatment – Marketplace size and forecast 2020-2025
  • Others – Market dimension and prediction 2020-2025
  • Market opportunity simply by Program

Customer scenery

Geographic Scenery

  • Geographic segmentation
  • Geographic comparison
  • United states — Market size and forecast 2020-2025
  • Europe : Market dimension and prediction 2020-2025
  • Asia – Market size and forecast 2020-2025
  • ROW – Marketplace size plus forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Marketplace drivers
  • Market challenges
  • Marketplace styles

Merchant Panorama

  • Overview
  • Landscape disruption

Vendor Evaluation

  • Vendors covered
  • Market positioning of suppliers
  • Alcon Incorporation.
  • Bausch Health Companies Inc.
  • Carl Zeiss AG
  • Johnson and Manley Inc.
  • Lumenis Ltd.
  • Novartis AG
  • Quantel Healthcare
  • TissueTech Inc.
  • Topcon Corp.
  • Ziemer Ophthalmic Techniques AG

Appendix

  • Scope associated with the statement
  • Currency conversion rates for US$
  • Research strategy
  • List of abbreviations

About Us

Technavio is definitely a leading global technology research and advisory company. Their study and analysis focus on emerging marketplace trends plus provide actionable insights to help businesses determine market opportunities and develop effective ways of optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists associated with more than 17, 000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including a lot more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities within existing plus potential markets and assess their competitive positions within changing marketplace scenarios.

Contact

Technavio Research
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Media & Marketing Executive
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UNITED KINGDOM: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Newsroom:   newsroom. technavio. com/news/eye-care-surgical-devicesmarket

SOURCE Technavio

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