DUBLIN--(BUSINESS WIRE)--The "Global Cataract Surgery (Intraocular Lens & Equipments) Market: Industry Analysis & Outlook (2019-2023)" report has been added to ResearchAndMarkets.com's offering.
The report analyzes the development of this market, with a regional focus on the United States and China. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The three major players: Novartis, Johnson & Johnson, Carl Zeiss, and Bausch + Lomb are profiled along with their key financials and strategies for growth.
There are various surgical methods, which include extracapsular cataract extraction (ECCE) and intracapsular cataract extraction (ICCE), phacoemulsification (USP) and the femtosecond laser surgery (FSLS). In surgery, a damaged lens is replaced with an artificial intraocular lens, which are categorized into premium and non-premium lenses. Premium lenses are further divided into toric, accommodative, EDoF and Phacic lenses and have special additional features compared to standard lenses.
The rising ageing population and diabetic population are the main drivers for the greater adoption of cataract procedures, thereby boosting the demand for cataract surgery equipment in the market. There has been increasing growth of premium intraocular lenses globally and is expected to show further growth in coming years owing to advanced benefits offered by premium lenses.
The United States accounted for the major share of the market and had the highest cataract surgery prevalence rate in 2018. The increasing prevalence of cataract disease and advanced technologies are factors contributing to the IOL market growth in the United States.
However, factors such as high-cost treatment, low awareness and lack of health insurance are challenging the market growth. The companies are expanding their business through acquisitions and new product launch in the market indicating positive outlook of the cataract surgery equipment market.
Topics Covered
1. Market Overview
1.1 Cataract Disease
1.2 Symptoms & Causes of Cataract
1.3 Types of Cataract
1.4 Cataract Surgery
1.5 Intraocular Lenses
1.6 Cataract Surgery Equipments
2. Global Market
2.1 Global Cataract Equipment Market Forecast by Value
2.2 Global Cataract Equipment Market by Product Class
2.2.1 Global Phacoemulsification and Vitrectomy Machines Market Forecast
2.2.2 Global Surgical Microscope Market Forecast
2.2.3 Global Femtosecond Lasers Market Forecast
2.3 Global IOL Market by Value
2.4 Global IOL Market Forecast by Value
2.5 Global IOL Market by Material Type
2.5.1 Global Hydrophobic IOL Market Forecast
2.5.2 Global Hydrophilic IOL Market Forecast
2.5.3 Global PMMA IOL Market Forecast
2.6 Global IOL Market Share by Type
2.7 Global Non-Premium IOL Market by Value
2.8 Global Non-Premium IOL Market Forecast by Value
2.9 Global Premium IOL Market by Value
2.10 Global Premium IOL Market Forecast by Value
2.11 Global Number of IOL Companies
2.12 Global Cataract Surgeries Prevalence by Countries
3. Regional Market
3.1 China
3.1.1 China Cataract Surgery Revenue
3.1.2 China Cataract Surgery Revenue Forecast
3.1.3 China Cataract Surgery Performed
3.1.4 China Cataract Surgery Performed Forecast
3.1.5 China IOL Market Forecast by Value
3.2 The U.S.
3.2.1 The U.S. IOL Market Forecast by Value
3.2.2 The U.S. Cataract Surgery Procedures
3.2.3 The U.S. Surgeon Adoption of Premium IOLs (% Offering)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Ageing Population
4.1.2 Rising Prevalence of Diabetes
4.1.3 Economic Upsurge in Developing Countries
4.1.4 Increasing Healthcare Spending
4.1.5 Increasing Prevalence of Ocular Diseases
4.1.6 Technological Advancement in Cataract Surgical Devices
4.2 Key Trends & Developments
4.2.1 Low-cost Cataract Surgery Device Manufactures in Developing Economies
4.2.2 Health Schemes and Programmes to Reduce Burden of Cataract Disease
4.2.3 Increasing Medical Tourism for Low Cost Cataract Surgery
4.3 Challenges
4.3.1 Low Awareness Among People Related to Eye Disorders
4.3.2 High Cost Incurred for Cataract Surgeries
4.3.3 Shortage of Ophthalmic Surgeons to Negatively Impact Adoption
4.3.4 Lack of Health Insurance
5. Competitive Landscape
5.1 Global Market
5.1.1 Revenue and Market Cap Comparison
5.1.2 Global Cataract Equipment Market Share by Company
5.1.3 Global IOL Market Share by Company
6. Company Profiles
6.1 Novartis International AG (Alcon)
6.2 Johnson & Johnson
6.3 Carl Zeiss Meditech AG
6.4 Bausch Health Companies Inc.
For more information about this report visit https://www.researchandmarkets.com/research/lwnldw/global_cataract?w=4
