Increasing prevalence of vision problems coupled with Increase in size of geriatric population driving Global Surgical Ophthalmology Market

Date: 1 March 2020

According to a research report published by Azoth Analytics in February 2020, the Global Surgical Ophthalmology Market was valued at USD 10625.74 million in the year 2019. Primarily, the growth in the market for Surgical Ophthalmology will be supported by increasing prevalence of vision problems coupled with Increase in size of geriatric population. Various procedures are used according to the type of ocular surgery needed by the patient. As developed nation like United States have increase in number of geriatric population coupled with high health expenditure and presence of world leading manufacturers such as Alcon, Bausch Health, the market is estimated to grow in the forecast period with a sustained rate of growth.

The Azoth Analytics research report GlobalSurgical Ophthalmology Market has analysed and segmented the Surgical Ophthalmology Market by Value (USD Million). The report has also further analysed the Surgical Ophthalmology Market By Products (Implantable, Consumables, Equipment & Others), By End User (Hospital, Eye Clinics) and By Surgery Type (Cataract, Vitroretinal, Refractive Errors, Others). The Global Surgical Ophthalmology Market has been analysed By Region (Americas, Europe, Asia Pacific) and By Country (US, Canada, Mexico, Portugal, China, Japan, India, France, Czech Republic, Germany) for the forecast period of 2020-2025.

Global Surgical Ophthalmology market will be majorly driven by increase in global increase in geriatric population along with high prevalence of vision problems requiring surgical intervention. Moreover, in developing countries unhealthy lifestyle is also leading to increase in eye problems. Development of novel surgical equipment such as ReLex Smile along with development of high-quality intraocular lens (IOL) is projected to spur market growth in the forecast period.