LAMEA Ophthalmic Knives Market

LAMEA Ophthalmic Knives Market Size, Share & Industry Trends Analysis Report By End User (Hospitals, Eye Clinics), By Design (Slit Knives, MVR Knives, Straight Knives, Crescent Knives), By Application, By Product, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-10914 Publication Date: August-2022 Number of Pages: 82
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Market Report Description

The Latin America, Middle East and Africa Ophthalmic Knives Market would witness market growth of 6.4% CAGR during the forecast period (2022-2028).

A lack of vitamin A, retinopathy of prematurity, vascular disorders affecting the retina or optic nerve, including stroke, ocular inflammatory disease are less common causes of blindness. Beside these retinitis pigmentosa, congenital abnormalities, hereditary eye diseases, and chemical poisoning from toxic substances like methanol are some uncommon causes for eye and vision disorders.

Cataracts, which are the crystalline lens's greying or opacity, can develop in children as a result of prenatal infections, metabolic conditions, and genetic abnormalities. After the age of 40, the prevalence of cataracts—the major cause of blindness in both children and adults—doubles every ten years. As a result, adults now experience cataracts at a higher rate than children. In other words, as people get older, their chances of having cataracts increase.

Pregnancy-related illnesses including retinopathy of prematurity and congenital rubella syndrome can result in blindness in children. In underdeveloped countries, leprosy and onchocerciasis together account for almost 1 million blind people. The rise in ophthalmic disorders, the availability of different kinds of ophthalmic knives, the rise in awareness of ophthalmic diseases and treatments, and the expansion of government and corporate initiatives and investments, all contribute to the market's growth.

Visual acuity of less than 3/60 is considered blindness by the World Health Organization (WHO), while less than 6/18 is considered low vision in the better eye with the best correction. The frequency of blindness has been the subject of numerous research in the nations of the eastern Mediterranean. Cultural, political, economic, and health situations in the area are diverse. The region's rate of blindness ranges from 6.4% to 0.2%, and the leading underlying cause is cataracts.

The Brazil market dominated the LAMEA Ophthalmic Knives Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,294.6 Thousands by 2028, growing at a CAGR of 5.3 % during the forecast period. The Argentina market is estimated to grow at a CAGR of 7% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 6.2% during (2022 - 2028).

Based on End User, the market is segmented into Hospitals, Eye Clinics and Others. Based on Design, the market is segmented into Slit Knives, MVR Knives, Straight Knives, Crescent Knives and Others. Based on Application, the market is segmented into Cataract Surgery, Glaucoma Surgery and Others. Based on Product, the market is segmented into Reusable Ophthalmic Knives and Disposable Ophthalmic Knives. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Ophthalmic Knives Market is Predict to reach $382.6 Million by 2028, at a CAGR of 4.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Core Surgical Limited, Omni Lens Pvt. Ltd., SafeOps Surgical Care Ltd., Neu Micromed International Pvt. Ltd., Mani, Inc., Bausch Health Companies, Inc., Diamatrix Ltd., HAI Laboratories, Inc., Sidapharm P.C. and Bohaikangyuan Medical Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By End User

  • Hospitals
  • Eye Clinics
  • Others

By Design

  • Slit Knives
  • MVR Knives
  • Straight Knives
  • Crescent Knives
  • Others

By Application

  • Cataract Surgery
  • Glaucoma Surgery
  • Others

By Product

  • Reusable Ophthalmic Knives
  • Disposable Ophthalmic Knives

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Core Surgical Limited
  • Omni Lens Pvt. Ltd.
  • SafeOps Surgical Care Ltd.
  • Neu Micromed International Pvt. Ltd.
  • Mani, Inc.
  • Bausch Health Companies, Inc.
  • Diamatrix Ltd.
  • HAI Laboratories, Inc.
  • Sidapharm P.C.
  • Bohaikangyuan Medical Co., Ltd.
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