Pune, India -- (SBWIRE) -- 10/22/2018 -- Corneal Surgery is a surgical procedure where a damaged or infected cornea is treated by transplantation of corneal tissue. There are two major types of transplantation namely, penetrating keratoplasty and lamellar keratoplasty. An unhealthy or damaged cornea affects the vision by scattering or distorting light and causing glare and blurred vision. Corneal eye disease is the fourth most common cause of blindness after cataracts, glaucoma and age-related macular degeneration.

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Global Corneal Surgery Market is expected to grow at a CAGR of 5.2% during forecasted period 2017-2023.

Global Corneal Surgery Devices Market - Competitive Dashboard

Some of the noteworthy market players profiled in the report by MRFR are KeraMED (Canada), Bausch & Lomb, Inc. (U.S.), Haag-Streit AG (Switzerland), Topcon Corporation (Japan), Johnson & Johnson Private Limited (U.S.), Cooper Vision (U.S.), Alcon Laboratories Inc. (Switzerland), Abbott Medical Optics Inc. (U.S.), Carl Zeiss Meditec AG (Germany), Ziemer Ophthalmic Systems AG (Switzerland), Essilor International S.A. (France), and, Nidek Co. Ltd. (Japan). The players endeavor to tap the opportunities such as research & development, clinical trials, collaborations, acquisitions, etc. to gain a more significant share in the market control.

Global Corneal Surgery Devices Market - Regional Analysis

By region, the market is segmented into America, Europe, Asia Pacific, and, Middle East & Africa. The America segment is projected to dominate the market owing to factors like growing geriatric population, developments in the healthcare sector, the concentration of top-notch healthcare service providers, favorable reimbursement policies, etc. The major contributors in this segment are the U.S. and Canada due to the vast prevalence of good quality healthcare centers. The most significant contributor of the segment, the U.S., alone witnesses over 40,000 corneal transplants every year which is fueling the growth of the market coupled with rising buying power of the consumers and economies of scale due to the concentration of prominent hospitals. The Europe segment holds the second position in the global market owing to factors such as expanding penetration of healthcare sector, increasing number of ophthalmic clinics, growing healthcare industry, etc. The major contributors in this segment will be Germany and France, with France leading the market owing to the presence of established pharmaceutical industry.

The Asia Pacific segment will exhibit the highest growth which can be attributed to factors such as standardized medical tourism, increasing prevalence of ophthalmic diseases, availability of better healthcare facilities, growing penetration of healthcare sector in the region, etc. The markets in India, China, and, Malaysia are expected to thrive with India and China leading the Asia Pacific segment across the forecast period.

Gulf nations such as Saudi Arabia and the UAE will be driving the growth of the market in Middle East & Africa segment. Other Middle East nations that will contribute towards the market growth are Kuwait, Jordan, Egypt, and, Iran. The African segment will witness a poor growth owing to weak economic and political conditions, and, underdeveloped healthcare sector. Other regions in this segment are expected to be laggards due to the poor social development and tribal inhabitations in areas such as sub-Saharan Africa.

Global Corneal Surgery Devices Market - Segmentation

Global Corneal Surgery Devices Market is segmented on the basis of devices types, into diagnostic devices, corneal surgery devices, vision care.

Diagnostic devices are further segmented into fundus cameras, keratometers, corneal topographer, ophthalmic ultrasound imaging systems and other.

On the basis of transplantation type, market is segmented into deep anterior lamellar keratoplasty, penetrating keratoplasty, and synthetic corneas and other. Synthetic corneas are further segmented into boston keratoprosthesis, alphacor, osteo-odonto-keratoprosthesis.

On the basis of procedures, they are segmented into pre-operative examination, penetrating keratoplasty, and lamellar keratoplasty

On the basis of end users, they are segmented into ophthalmic clinics, hospitals and other.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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