Market Segmentation:
- By Product Type
- Vitrectomy Machines
- Vitrectomy Probes and Tips
- Vitrectomy Cutters
- Visualization Systems
- Others (Lighting Systems, Fluid Management Systems)
- By Application
- Diabetic Retinopathy
- Retinal Detachment
- Macular Hole
- Vitreous Hemorrhage
- Epiretinal Membrane
- Presbyopia
- Others (Uveitis, Retinopathy of Prematurity)
- By End-User
- Hospitals
- Ambulatory Surgical Centers
- Ophthalmology Clinics
- Others (Research Institutes, Military Hospitals)
- By Surgery Type
- 20G Vitrectomy
- 23G Vitrectomy
- 25G Vitrectomy
- 27G Vitrectomy
- Others (Microincision Vitrectomy Surgery)
- By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Frequently Asked Questions
The current market size of the Vitrectomy Devices industry is US$ 1,516.8 million as of 2023.
The key factors driving the growth of the Vitrectomy Devices market include the increasing prevalence of eye diseases, advancements in diagnostic technologies, the growing geriatric population, rising healthcare expenditure, and the adoption of minimally invasive surgical procedures.
The key factors hampering the growth of the Vitrectomy Devices Market include the high cost of vitrectomy procedures, the lack of skilled ophthalmologists, reimbursement challenges, and complications associated with vitrectomy.
The leading component segment in the Vitrectomy Devices Market is the vitrectomy machines segment, which is expected to hold a significant market share due to the increasing adoption of advanced vitrectomy platforms that offer improved visualization and precision during surgical procedures.
The major players operating in the Vitrectomy Devices Market include Alcon, Bausch & Lomb, Johnson & Johnson Vision, ZEISS International, Optos, Topcon Corporation, Lumenis, Oertli Instrumente AG, Suzhou Kangjie Medical Inc., and MedOne Surgical, Inc., among others.
The Vitrectomy Devices Market is expected to grow at a CAGR of 6.7% from 2024 to 2031, reaching a market size of US$ 2,548.3 million by 2031.
The key drivers of the Vitrectomy Devices Market include the increasing prevalence of eye diseases, advancements in diagnostic technology, the growing geriatric population, rising healthcare expenditure, and the adoption of minimally invasive surgical procedures.