The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

 As per The Business Research Company’s Vitrectomy Devices Global Market Report 2023, The global vitrectomy devices market is expected to grow from $1.40 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.36%. The global vitrectomy devices market size is expected to reach $2.07 billion in 2027 at a CAGR of 6.75%.

What was the major driver in the vitrectomy devices market?
The rising prevalence of vision impairment is likely to drive the vitrectomy device market forward. Visual impairment is a condition in which a person’s ability to see is impaired to such an extent that it interferes with their daily activities. The ageing population, the rise of chronic diseases, and bad lifestyles are all contributing to the rising prevalence of visual impairment, where vitrectomy devices are routinely used to treat a variety of eye problems that can lead to visual impairment. According to the World Health Organisation (WHO), an estimated 2.2 billion people would have near or distant vision impairment in October 2022, with approximately half of these instances, around 1 billion, either preventable or neglected.

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What was the key trend in the vitrectomy devices market?
High-precision vitrectomy devices have emerged as a prominent trend in the vitrectomy devices industry, increasing popularity. Major market players are focusing their efforts on developing novel products in order to strengthen their market position. DORC, for example, announced the release of their new trocar cannula system, the EVA AVETATM, in April 2021. The device is intended to give a minimally invasive approach to vitreoretinal surgery, allowing surgeons to make a smaller incision and reduce the risk of complications. The EVA AVETATM trocar cannula system is distinguished by a spring-loaded blade that enables for a controlled and precise entry into the eye. The EVA AVETATM system is easily integrated into existing surgical workflows because it is compatible with DORC’s existing vitreoretinal instruments and equipment.

Which was the largest region in the vitrectomy devices market?
North America was the largest region in the vitrectomy devices market in 2022. The regions covered in the global food diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the vitrectomy devices market prominent players?
Major players in the vitrectomy devices market are Alcon Inc., Bausch and Lomb Incorporated, BVI Medical, Nidek Co Ltd., Johnson and Johnson Vision Care Inc., Blink Medical Limited., Topcon Corporation, HOYA Medical Singapore Pte Ltd., Carl Zeiss MediaTek AG, Optos PLC, IRIDEX Corporation, DORC Holding B.V., Danaher Corporation, Lumenis Ltd. and Synergetics Inc.

 Key vitrectomy devices market segments
1) By Products: Vitrectomy Machines, Vitrectomy Packs, Photocoagulation Lasers, Illumination Devices
2) By Surgery Approach: Posterior Or Pars Plana Vitrectomy, Anterior Vitrectomy
3) By Applications: Diabetic Retinopathy, Retinal Detachment, Macular Hole, Vitreous Hemorrhage, Other Applications
4) By End-Users: Hospitals, Ophthalmic Clinics, Ambulatory Surgical Centers

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The Vitrectomy Devices Global Market Report 2023  provides a comprehensive overview on the vitrectomy devices market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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