Harrisburg, NC -- (SBWIRE) -- 03/11/2019 -- "Global Cataract Surgery (Intraocular Lens & Equipments) Market: Industry Analysis & Outlook (2019-2023", 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 being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global cataract surgery equipment market along with the study of the regional markets.
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Essential points covered in Global Cataract Surgery Market 2019 Research are:-
- What will the market size and the growth rate be in 2023?
- What are the key factors driving the Global Cataract Surgery market?
- What are the key market trends impacting the growth of the Global Cataract Surgery market?
- What are the challenges to market growth?
- Who are the key vendors in the Global Cataract Surgery market?
- What are the market opportunities and threats faced by the vendors in the Global Cataract Surgery market?
- What are the key outcomes of the five forces analysis of the Global Cataract Surgery market?
This independent 82 pages report guarantees you will remain better informed than your competition. With tables and figures examining the Cataract Surgery market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2023.
Furthermore, the report provides a detailed analysis of the Global Cataract Surgery market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
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Cataract is an eye disease which causes the formation of a dense and cloudy area in the lens of the eye, mostly as a result of the aging process. Around 90% of the cases are caused due to age and the remaining cases are instigated by various environmental or genetic factors. The surgical removal of cataracts is a very common procedure and is highly effective.
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.
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The research includes historic data from 2014 to 2019 and forecasts until 2023 which makes the report an invaluable resource for company executives, marketing executive, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
The report will make detailed analysis mainly on the development environment, market size, and development trends of Cataract Surgery market on the basis of current situation of the industry in 2019 so as to get a holistic understanding of the competition in Cataract Surgery Market Carrier.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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