The Asia Pacific Vitrectomy Devices Market would witness market growth of 7.4% CAGR during the forecast period (2021-2027).
Among all the vitreoretinal surgery devices, vitrectomy accessories would remain mostly preferred device. The increased incidences of retinal detachment are directly proportional to the high consumption of vitrectomy accessories in procedures in comparison with other disposable vitreoretinal surgery devices. As a result, the sales and demand for vitreoretinal surgery device accessories are expected to increase in upcoming years. Additionally, the adoption of vitreoretinal surgery devices would be driven by the economic cost of these devices.
The majority of the disorders and diseases that cause sudden blindness and visual disabilities are easily curable with popular & cost-effective therapies or mediations, and it is possible to restore normal vision with cataracts, reattachment, or intervention surgery. These factors are expected to unlock growth prospects for the vitreoretinal devices in the market. As per the study by WHO, 90% of the visually impaired population falls under low-& middle-income nations. This section of the population is not aware of the preventive care for sudden vision loss, quality rehabilitation, and available curative services which are anticipated to create new growth avenues for the middle-income nations.
South Asia and East Asia have significant growth opportunities for the players operating in the regional vitrectomy devices market. The entry of new makers of vitrectomy devices market is expected to be streamlined with rapid technological upgradations in Japan and fast-growing countries like India and China and growing focus of the makers of vitrectomy devices in these countries along with the less manufacturing cost.
Factors like constantly increasing population in countries like India and China, drastic rise in the geriatric population, increase in healthcare requirement for eye care, and advanced healthcare infrastructure is acting as catalysts for the growth of the regional vitrectomy devices market. Moreover, the regional players are willing to introduce innovative devices in the regional market with an aim to cater to the rising demand for quality eye care. Thus, these factors are expected to create lucrative growth opportunities for the players operating in the regional vitrectomy devices market during the forecasting period.
The China market dominated the Asia Pacific Hospitals Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $50.4 million by 2027. The Japan market is showcasing a CAGR of 7.9% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 7.9% during (2021 - 2027).
Based on Application, the market is segmented into Vitreous hemorrhage, Macular hole, Diabetic retinopathy, Retinal detachment, and Other Applications. Based on Product, the market is segmented into Vitrectomy Machines, Illumination Devices, Photocoagulation Lasers and Vitrectomy Packs. Based on End Use, the market is segmented into Ophthalmology clinics, Hospitals and Ambulatory Surgical Centers. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Vitrectomy Devices Market is Projected to reach USD 1.5 Billion by 2027, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bausch Health Companies, Inc., Carl Zeiss AG, Johnson & Johnson, Topcon Corporation, Hoya Corporation, Alcon, Inc., Beaver-Visitec International, Inc. (TPG Capital), Blink Medical Ltd. (Katena Products, Inc.), Nidek Co., Ltd., and Lumenis Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Vitreous hemorrhage
- Macular hole
- Diabetic retinopathy
- Retinal detachment
- Other Applications
By Product
- Vitrectomy Machines
- Illumination Devices
- Photocoagulation Lasers and
- Vitrectomy Packs
By End Use
- Ophthalmology clinics
- Hospitals and
- Ambulatory Surgical Centers
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Bausch Health Companies, Inc.
- Carl Zeiss AG
- Johnson & Johnson
- Topcon Corporation
- Hoya Corporation
- Alcon, Inc.
- Beaver-Visitec International, Inc. (TPG Capital)
- Blink Medical Ltd. (Katena Products, Inc.)
- Nidek Co., Ltd.
- Lumenis Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Vitrectomy Devices Market, by Application
1.4.2 Asia Pacific Vitrectomy Devices Market, by Product
1.4.3 Asia Pacific Vitrectomy Devices Market, by End Use
1.4.4 Asia Pacific Vitrectomy Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.2.5 Approvals and Trials
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Aug – 2021, Oct) Leading Players
Chapter 4. Asia Pacific Vitrectomy Devices Market by Application
4.1.1 Asia Pacific Vitreous hemorrhage Market by Country
4.1.2 Asia Pacific Macular hole Market by Country
4.1.3 Asia Pacific Diabetic retinopathy Market by Country
4.1.4 Asia Pacific Retinal detachment Market by Country
4.1.5 Asia Pacific Other Applications Market by Country
Chapter 5. Asia Pacific Vitrectomy Devices Market by Product
5.1 Asia Pacific Vitrectomy Machines Market by Country
5.2 Asia Pacific Illumination Devices Market by Country
5.3 Asia Pacific Photocoagulation Lasers Market by Country
5.4 Asia Pacific Vitrectomy Packs Market by Country
Chapter 6. Asia Pacific Vitrectomy Devices Market by End Use
6.1 Asia Pacific Ophthalmology clinics Market by Country
6.2 Asia Pacific Hospitals Market by Country
6.3 Asia Pacific Ambulatory Surgical Centers Market by Country
Chapter 7. Asia Pacific Vitrectomy Devices Market by Country
7.1 China Vitrectomy Devices Market
7.1.1 China Vitrectomy Devices Market by Application
7.1.2 China Vitrectomy Devices Market by Product
7.1.3 China Vitrectomy Devices Market by End Use
7.2 Japan Vitrectomy Devices Market
7.2.1 Japan Vitrectomy Devices Market by Application
7.2.2 Japan Vitrectomy Devices Market by Product
7.2.3 Japan Vitrectomy Devices Market by End Use
7.3 India Vitrectomy Devices Market
7.3.1 India Vitrectomy Devices Market by Application
7.3.2 India Vitrectomy Devices Market by Product
7.3.3 India Vitrectomy Devices Market by End Use
7.4 South Korea Vitrectomy Devices Market
7.4.1 South Korea Vitrectomy Devices Market by Application
7.4.2 South Korea Vitrectomy Devices Market by Product
7.4.3 South Korea Vitrectomy Devices Market by End Use
7.5 Singapore Vitrectomy Devices Market
7.5.1 Singapore Vitrectomy Devices Market by Application
7.5.2 Singapore Vitrectomy Devices Market by Product
7.5.3 Singapore Vitrectomy Devices Market by End Use
7.6 Malaysia Vitrectomy Devices Market
7.6.1 Malaysia Vitrectomy Devices Market by Application
7.6.2 Malaysia Vitrectomy Devices Market by Product
7.6.3 Malaysia Vitrectomy Devices Market by End Use
7.7 Rest of Asia Pacific Vitrectomy Devices Market
7.7.1 Rest of Asia Pacific Vitrectomy Devices Market by Application
7.7.2 Rest of Asia Pacific Vitrectomy Devices Market by Product
7.7.3 Rest of Asia Pacific Vitrectomy Devices Market by End Use
Chapter 8. Company Profiles
8.1 Bausch Health Companies, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent Strategies and Developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Approvals and Trials:
8.2 Carl Zeiss AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.5.2 Geographical Expansions:
8.3 Johnson & Johnson
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental &Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent Strategies and Developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Geographical Expansions:
8.3.5.3 Approvals and Trials:
8.4 Topcon Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.5 Hoya Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental &Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent Strategies and Developments:
8.5.5.1 Acquisitions and Mergers:
8.5.5.2 Product Launches and Product Expansions:
8.6 Alcon, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Beaver-Visitec International, Inc. (TPG Capital)
8.7.1 Company Overview
8.7.2 Recent Strategies and Developments:
8.7.2.1 Acquisitions and Mergers:
8.7.2.2 Product Launches and Product Expansions:
8.7.2.3 Geographical Expansions:
8.8 Blink Medical Ltd. (Katena Products, Inc.)
8.8.1 Company Overview
8.8.2 Recent Strategies and Developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Acquisitions and Mergers:
8.9 Nidek Co., Ltd.
8.9.1 Company Overview
8.9.2 Recent Strategies and Developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. Lumenis Ltd.
8.10.1 Company Overview
TABLE 1 Asia Pacific Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Vitrectomy Devices Market
TABLE 4 Product Launches And Product Expansions– Vitrectomy Devices Market
TABLE 5 Acquisition and Mergers– Vitrectomy Devices Market
TABLE 6 Geographical Expansions– Vitrectomy Devices Market
TABLE 7 Approvals and Trials– Vitrectomy Devices Market
TABLE 8 Asia Pacific Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Vitreous hemorrhage Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Vitreous hemorrhage Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Macular hole Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Macular hole Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Diabetic retinopathy Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Diabetic retinopathy Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Retinal detachment Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Retinal detachment Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Other Applications Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Other Applications Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Vitrectomy Machines Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Vitrectomy Machines Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Illumination Devices Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Illumination Devices Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Photocoagulation Lasers Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Photocoagulation Lasers Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Vitrectomy Packs Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Vitrectomy Packs Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Ophthalmology clinics Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Ophthalmology clinics Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Ambulatory Surgical Centers Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Ambulatory Surgical Centers Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Vitrectomy Devices Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Vitrectomy Devices Market by Country, 2021 - 2027, USD Million
TABLE 40 China Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 41 China Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 42 China Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 43 China Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 44 China Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 45 China Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 46 China Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 47 China Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 48 Japan Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 49 Japan Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 50 Japan Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 51 Japan Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 52 Japan Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 53 Japan Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 54 Japan Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 55 Japan Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 56 India Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 57 India Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 58 India Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 59 India Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 60 India Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 61 India Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 62 India Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 63 India Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 64 South Korea Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 65 South Korea Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 66 South Korea Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 67 South Korea Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 68 South Korea Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 69 South Korea Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 70 South Korea Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 71 South Korea Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 72 Singapore Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 73 Singapore Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 74 Singapore Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 75 Singapore Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 76 Singapore Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 77 Singapore Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 78 Singapore Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 79 Singapore Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 80 Malaysia Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 81 Malaysia Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 82 Malaysia Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 83 Malaysia Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 84 Malaysia Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 85 Malaysia Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 86 Malaysia Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 87 Malaysia Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 88 Rest of Asia Pacific Vitrectomy Devices Market, 2017 - 2020, USD Million
TABLE 89 Rest of Asia Pacific Vitrectomy Devices Market, 2021 - 2027, USD Million
TABLE 90 Rest of Asia Pacific Vitrectomy Devices Market by Application, 2017 - 2020, USD Million
TABLE 91 Rest of Asia Pacific Vitrectomy Devices Market by Application, 2021 - 2027, USD Million
TABLE 92 Rest of Asia Pacific Vitrectomy Devices Market by Product, 2017 - 2020, USD Million
TABLE 93 Rest of Asia Pacific Vitrectomy Devices Market by Product, 2021 - 2027, USD Million
TABLE 94 Rest of Asia Pacific Vitrectomy Devices Market by End Use, 2017 - 2020, USD Million
TABLE 95 Rest of Asia Pacific Vitrectomy Devices Market by End Use, 2021 - 2027, USD Million
TABLE 96 key information – Bausch Health Companies, Inc.
TABLE 97 Key Information – Carl Zeiss AG
TABLE 98 Key information –Johnson & Johnson
TABLE 99 key Information – Topcon Corporation
TABLE 100 Key Information – Hoya Corporation
TABLE 101 key information – Alcon, Inc.
TABLE 102 Key Information – BEAVER-VISITEC INTERNATIONAL, INC.
TABLE 103 Key Information – Blink Medical Ltd.
TABLE 104 Key Information – Nidek Co., Ltd.
TABLE 105 key Information – Lumenis Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Aug – 2021, Oct) Leading Players
FIG 5 Recent strategies and developments: Bausch Health Companies, Inc.
FIG 6 Recent strategies and developments: Johnson & Johnson
FIG 7 Recent strategies and developments: Hoya Corporation
FIG 8 Recent strategies and developments: Beaver-Visitec International, Inc. (TPG Capital)
FIG 9 Recent strategies and developments: Blink Medical Ltd. (Katena Products, Inc.)