- Excimer Laser Systems
- Femtosecond System
- Phacoemulsification Systems
- YAG Laser Systems
- Others
Ophthalmic Surgical Technologies Market size was valued at USD 1097.5 million in 2023 and is poised to grow at a CAGR of 5.92% during the forecast period 2024-2030. Ophthalmic surgery or ocular surgery is performed on eye or its adnexa. Most common eye disorders are glaucoma, cataract, and diabetic retinopathy. Ophthalmic Surgical Technologies Market are carried by various technologies such as femtosecond system, excimer laser systems, and laser ophthalmic surgical systems among others. Global ophthalmic surgical technologies market is poised to grow at a significant CAGR owing to increase in the prevalence of ophthalmic diseases. According to World Health Organization 2017, approximately 253 Mn people are living with vision impairment, 36 Mn are blind, and 217 Mn are suffering from moderate to severe impairment.
Moreover, development of newer technologies with minimally invasive surgical procedures expected to upsurge the revenue of ophthalmic surgical technologies market. For instance, in November 2015, Alcon, a division of Novartis, introduced Contoura Vision, a latest advancement in wavelight refractive portfolio to treat nearsightedness or nearsightedness with astigmatism in patients by using laser procedure. Moreover, market players acquiring the competitors business to strengthen their market position. For instance, in September 2016, Johnson & Johnson acquired Abbott Medical Optics business segment including laser refractive surgery, cataract surgery, and consumer eye health.
The Ophthalmic Surgical Technologies Market Key Developments:
- In October 2017, Zeiss introduced new technologies for advancing ophthalmic care including new all-in-one Opmi Lumera 700 surgical microscope, next-generation EDoF IOL, and Clarus 500 ultra-widefield imaging.
Ophthalmic Surgical Technologies Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.92%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Ophthalmic Surgical Technologies Market Dynamics
Increase in the prevalence of eye diseases, rise in demand for minimally invasive surgical procedures, innovation of newer technologies for ophthalmic surgeries, and rise in geriatric population are anticipated to fuel the ophthalmic surgical technologies market over the forecast years. Moreover, government initiations to prevent the blindness, untapped market in developing countries, and sophisticated healthcare infrastructure in developed countries are anticipated to boost the ophthalmic surgical technologies market. However, high cost of surgical procedures, complication with laser surgeries, availability of alternatives for retinal surgeries, and lack of skilled professionals may restrain the growth of the market over the forecast period.
North America got significant share
Ophthalmic Surgical Technologies Market Regional Analysis
Geographically, ophthalmic surgical technologies market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America ophthalmic surgical technologies market accounted for significant share due to increase in the incidence of cataract and glaucoma surgeries in U.S. Europe ophthalmic surgical technologies market exhibiting lucrative growth rate owing to adoption of newer technologies and increase in the prevalence of visual impairment. Asia Pacific ophthalmic surgical technologies market has a notable share due to increase in geriatric population in India, Japan, and China, rise in medical tourism due to low cost of treatment, and development in healthcare infrastructure. Latin America ophthalmic surgical technologies market is growing due to rise in prevalence of glaucoma surgeries, adoption of newer surgical procedures, and launching of newer products by market players in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Ophthalmic Surgical Technologies Market Segmentation
By Product Type
By Indication
- Refractive Surgery
- Retinal Surgery
- Cataract Surgery
- Glaucoma Surgery
- Others
By End User
- Hospitals
- Ambulatory Surgical Centers
- Eye Care Centers
Frequently Asked Questions
The ophthalmic surgical technologies market is projected to expand at a CAGR of 5.92% during the forecast period
Topcon Corporation, Alcon Laboratories, Inc, Johnson and Johnson Vision Care, Inc, Carl Zeiss Meditek AG, Bausch & Lomb Inc, STAAR Surgical
North America is the fastest-growing region for ophthalmic surgical technologies market
| 1.Executive Summary |
| 2.Global Ophthalmic Surgical Technologies Market Introduction |
| 2.1.Global Ophthalmic Surgical Technologies Market - Taxonomy |
| 2.2.Global Ophthalmic Surgical Technologies Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Indication |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Ophthalmic Surgical Technologies Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Ophthalmic Surgical Technologies Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Ophthalmic Surgical Technologies Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Excimer Laser Systems |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Femtosecond System |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Phacoemulsification Systems |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. YAG Laser Systems |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Ophthalmic Surgical Technologies Market By Indication, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Refractive Surgery |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Retinal Surgery |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Cataract Surgery |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Glaucoma Surgery |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Ophthalmic Surgical Technologies Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Ambulatory Surgical Centers |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Eye Care Centers |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Ophthalmic Surgical Technologies Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Ophthalmic Surgical Technologies Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Excimer Laser Systems |
| 9.1.2.Femtosecond System |
| 9.1.3.Phacoemulsification Systems |
| 9.1.4.YAG Laser Systems |
| 9.1.5.Others |
| 9.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Refractive Surgery |
| 9.2.2.Retinal Surgery |
| 9.2.3.Cataract Surgery |
| 9.2.4.Glaucoma Surgery |
| 9.2.5.Others |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Hospitals |
| 9.3.2.Ambulatory Surgical Centers |
| 9.3.3.Eye Care Centers |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Ophthalmic Surgical Technologies Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Excimer Laser Systems |
| 10.1.2.Femtosecond System |
| 10.1.3.Phacoemulsification Systems |
| 10.1.4.YAG Laser Systems |
| 10.1.5.Others |
| 10.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Refractive Surgery |
| 10.2.2.Retinal Surgery |
| 10.2.3.Cataract Surgery |
| 10.2.4.Glaucoma Surgery |
| 10.2.5.Others |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Hospitals |
| 10.3.2.Ambulatory Surgical Centers |
| 10.3.3.Eye Care Centers |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Ophthalmic Surgical Technologies Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Excimer Laser Systems |
| 11.1.2.Femtosecond System |
| 11.1.3.Phacoemulsification Systems |
| 11.1.4.YAG Laser Systems |
| 11.1.5.Others |
| 11.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Refractive Surgery |
| 11.2.2.Retinal Surgery |
| 11.2.3.Cataract Surgery |
| 11.2.4.Glaucoma Surgery |
| 11.2.5.Others |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Hospitals |
| 11.3.2.Ambulatory Surgical Centers |
| 11.3.3.Eye Care Centers |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Ophthalmic Surgical Technologies Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Excimer Laser Systems |
| 12.1.2.Femtosecond System |
| 12.1.3.Phacoemulsification Systems |
| 12.1.4.YAG Laser Systems |
| 12.1.5.Others |
| 12.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Refractive Surgery |
| 12.2.2.Retinal Surgery |
| 12.2.3.Cataract Surgery |
| 12.2.4.Glaucoma Surgery |
| 12.2.5.Others |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Hospitals |
| 12.3.2.Ambulatory Surgical Centers |
| 12.3.3.Eye Care Centers |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Ophthalmic Surgical Technologies Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Excimer Laser Systems |
| 13.1.2.Femtosecond System |
| 13.1.3.Phacoemulsification Systems |
| 13.1.4.YAG Laser Systems |
| 13.1.5.Others |
| 13.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Refractive Surgery |
| 13.2.2.Retinal Surgery |
| 13.2.3.Cataract Surgery |
| 13.2.4.Glaucoma Surgery |
| 13.2.5.Others |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Hospitals |
| 13.3.2.Ambulatory Surgical Centers |
| 13.3.3.Eye Care Centers |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Topcon Corporation (Japan) |
| 14.2.2.Alcon Laboratories, Inc. (Novartis AG) (U.S.) |
| 14.2.3.Johnson and Johnson Vision Care, Inc. (U.S.) |
| 14.2.4.Carl Zeiss Meditek AG (Germany) |
| 14.2.5.Bausch & Lomb Inc. (U.S.) |
| 14.2.6.STAAR Surgical (U.S.) |
| 14.2.7.Essilor (France) |
| 14.2.8.Hoya Corporation (Japan) |
| 14.2.9.Nidek Co., Ltd. (Japan) |
| 14.2.10.Lumenis (Israel) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Topcon Corporation
- Alcon Laboratories, Inc.
- Johnson and Johnson Vision Care, Inc.
- Carl Zeiss Meditek AG
- Bausch & Lomb Inc.
- STAAR Surgical
- Essilor
- Hoya Corporation
- Nidek Co., Ltd.
- Lumenis