According to a new report, published by KBV research, The Global Ophthalmic Knives Market size is expected to reach $382.6 million by 2028, rising at a market growth of 4.5% CAGR during the forecast period.
The Hospitals market is leading the Global Ophthalmic Knives Market by End User in 2021; thereby, achieving a market value of $208.6 million by 2028. The rise in eye procedures, improved healthcare facilities, and helpful reimbursement policies are to blame for this. The increase in skillful ophthalmologists also contributes to the growth of the segment. The rise in the number of people suffering from eye disorders and vision impairments has pushed the growth of this segment as well.
The MVR Knives market is expected to witness a CAGR of 4.3% during (2022 - 2028). The method, indications, and complications of vitreoretinal procedures are irrevocably altered with the introduction of micro-incision vitrectomy surgery (MIVS). The use of small-diameter instruments decreases corneal astigmatism, post-operative inflammation, and trauma from conjunctival and scleral manipulation. Thus, Microvitreoretinal stiletto (MVR) blade find extreme use in optometry.
The Cataract Surgery market shows high market share Global Ophthalmic Knives Market by Application in 2021; thereby, achieving a market value of $203.1 million by 2028. To correct cataracts, surgery is performed. A blurring vision and an increase in light glare are the two major effects of cataracts. The doctor might advise cataract surgery if having a cataract makes it harder for the patient to perform the daily activities they normally would. Cataract surgery can be advised when a cataract prevents the cure of another eye condition.
The Disposable Ophthalmic Knives market is exhibiting a CAGR of 6.6% during (2022 - 2028). Disposable ophthalmic knives are simple to use. Additionally, because disposable ophthalmic knives avoid contamination, infection control is made simpler. In comparison to reusable blades, these knives are less expensive and more accessible, making them a good option for doctors and those in developing nations.
The North America market dominated the Global Ophthalmic Knives Market by Region in 2021; thereby, achieving a market value of $141.6 million by 2028. The Europe market is experiencing a CAGR of 4.3% during (2022 - 2028). Additionally, The Asia Pacific market is estimated to grow at a CAGR of 4.9% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/ophthalmic-knives-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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