Cataract surgery devices are used to treat Cataract, which is an eye issue that causes blurring of the focal point prompting, absconds in vision. Cataract is a standout amongst the most across the board sickness causing visual deficiency and it diminishes vision capacity. Cataract is regularly experienced to grow gradually and influence it is possible that one or both the eyes. In spite of the fact that Cataract does not interfere with the vision in the beginning times, it interferes with vision and may lead to blindness over the course of time. The symptoms of cataract include trouble with bright lights, blurry vision, faded colours, and trouble seeing in the night.
The Cataract Surgery Device Market is expected to exceed more than US$ 8.5 Billion by 2024 at a CAGR of 3.8% in the given forecast period.
The report from Market Research Engine covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Alcon, Abbott Laboratories, Carl Zeiss Meditech, Essilor International, Opcon Corporation, Allergan, Bausch & Lomb and STAAR Surgical Company. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Cataract Surgery Device Market is segmented on the lines of its technology, component, vehicle type and regional. On the basis of product segmentation, it includes Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment and Femtosecond Laser Equipment. Based on application classification it covers Ophthalmology Centres, Hospitals and Clinics. The Cataract Surgery Device Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
The major driving factors of Cataract Surgery Device Market are as follows:
- Growing geriatric population worldwide
- Increasing prevalence of cataract and rise in geriatric population
- Growth in technological advancement in healthcare sector globally
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