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Global Phacoemulsification Devices (Consumables & Systems) Market 2019-2023 - ResearchAndMarkets.com

January 9, 2019

DUBLIN--(BUSINESS WIRE)--Jan 9, 2019--The “Global Phacoemulsification Devices Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The phacoemulsification devices market will register a CAGR of close to 4% by 2023.

Glaucoma surgery combined with cataract surgery via phacoemulsification to gain traction in the market. Concomitant phacoemulsification and glaucoma surgery are together a viable treatment option for patients with both cataract and glaucoma. The minimally invasive glaucoma procedure combined with phacoemulsification results is faster visual rehabilitation and lowers the chances of intraocular pressure (IOP) spikes.

Market Overview

Technological advances in phacoemulsification

Many advances are taking place in cataract surgery. With the improvement in cataract surgeries, the results over the past few years has resulted in a positive impact. The most important change was marked by the introduction of phacoemulsification.

Lack of awareness and shortage of trained surgeons

There is a distinct lack of awareness about the importance of eye care across the globe, especially in emerging economies. Factors such as lack of skilled ophthalmologists and consumer knowledge about eye care limit the patient’s accessibility to eye care in emerging markets.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Novartis and PhysIOL, the competitive environment is quite intense. Factors such as the glaucoma surgery combined with cataract surgery via phacoemulsification and the technological advances in phacoemulsification, will provide considerable growth opportunities to phacoemulsification devices manufactures.

Bausch Health, Carl Zeiss Meditec, Johnson & Johnson, NIDEK, Novartis, and PhysIOL are some of the major companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

Comparison by product Phacoemulsification consumables Phacoemulsification systems Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic comparison Key leading countries Market opportunity

PART 09: DRIVERS AND CHALLENGES

Glaucoma surgery combined with cataract surgery via phacoemulsification Increasing popularity of femtosecond laser as an alternative to phacoemulsification Increasing medical tourism for low-cost cataract surgery

PART 10: VENDOR LANDSCAPE

Overview Landscape disruption

PART 11: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Bausch Health Carl Zeiss Meditec Johnson & Johnson NIDEK Novartis PhysIOL

For more information about this report visit https://www.researchandmarkets.com/research/q29hzk/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190109005444/en/

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Related Topics:Optical

KEYWORD:

INDUSTRY KEYWORD: HEALTH OPTICAL

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/09/2019 08:20 AM/DISC: 01/09/2019 08:21 AM

http://www.businesswire.com/news/home/20190109005444/en

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