Global Cataract Surgery Devices And Equipment Market
Medical Equipment

The Cataract Surgery Devices And Equipment Market Share, Market Size, And Growth Rate 2022

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The cataract surgery devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!

 

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The Cataract Surgery Devices And Equipment Market Size In 2022 And Forecast
The global cataract surgery devices and equipment market grew from $5.95 billion in 2021 to $6.55 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The cataract surgery devices and equipment market is expected to grow to $8.29 billion in 2026 at a CAGR of 6.0%.

 

The cataract surgery devices and equipment market consist of sales of cataract surgery devices and equipment and related services.


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Competitive Landscape And The Regional Analysis Of The Cataract Surgery Devices And Equipment Market
Major players in the cataract surgery devices and equipment market are Alcon Inc., Abbott Laboratories, Carl Zeiss Meditech AG, Essilor International S.A., Opcon Corporation, Allergan, Inc., Bausch & Lomb, Inc., NIDEK Co. Ltd., STAAR Surgical Company, and Johnson & Johnson.

 

Additionally, as per TBRC’s research – North America was the largest region in the cataract surgery devices and equipment market in 2021 holding the largest market share.

 

The Cataract Surgery Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cataract surgery devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the cataract surgery devices and equipment market.

Introducing Laser Technology – A Key Trend In The Cataract Surgery Devices And Equipment Market
The cataract surgery devices and equipment industry has witnessed many positive changes introduced by the market players, the most prominent one being the introduction of laser technology. Laser-assisted cataract surgery is used to gather information about the lens, to make the corneal incision, and for the opening in the lens capsule. The advent of laser technology has caused a significant impact on this industry by bringing in new levels of safety and accuracy and advancing cataract surgery. Femtosecond laser platforms have significantly contributed to the precision of cataract surgeries being performed and may soon surpass the traditional hand-held surgeries.


Cataract Surgery Devices And Equipment Market Segmentation By
The Business Research Company

1) By Type: Intraocular Lens (IOL), Ophthalmic viscoelastic device (OVD), Phacoemulsification Equipment, Femtosecond Laser Equipment

2) By Application: Ophthalmology Centers, Hospitals, Clinics

3) By Surgery Type: Extracapsular Cataract Extraction, Phacoemulsification, Femtosecond Laser, Other Surgery Types


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