OPHTHALMOLOGY DIAGNOSTICS AND SURGICAL DEVICES MARKET ANALYSIS

Ophthalmology Diagnostics and Surgical Devices Market, By Type (Diagnostic (Autorefractometers, Slit Lamps, Tonometers, Ophthalmoscopes, Fundus Cameras, Optical Coherence Tomography, Others), Surgical (Vitreoretinal Surgery, Cataract Surgery, Glaucoma Surgery, Refractive Surgery), Vision Care (Contact Lens, Spectacles Lenses)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Jun 2020
Code : CMI3945
Pages :182
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Global Ophthalmology Diagnostics and Surgical Devices Market: Restraints

Limitations in the applicability of some ophthalmic imaging and surgical systems is expected to limit growth of the market. It is challenging to image peripheral retina using intraoperative optical coherence tomography (iOCT) technologies. iOCT also has limitations in demonstrating deterioration of the image quality.

Moreover, high cost of intraoperative ophthalmic imaging and surgical systems is expected to limit growth of the market.

Global Ophthalmology Diagnostics and Surgical Devices Market: Opportunities

Increasing number of ophthalmology clinics & hospitals is expected to offer lucrative growth opportunities for players in the global ophthalmology diagnostics and surgical devices market. For instance, in July 2019, Covenant Surgical Partners partnered with U.S.-based De La Peña Eye Clinic to expand its eye surgery centers.

Moreover, R&D in ocular surgery is also expected to aid in growth of the market. For instance, in the May 2018 issue of American Academy of Ophthalmology’s journal Ophthalmology Retina researchers from Cole Eye Institute, Ohio, U.S., reported that iOCT imaging was obtained for 98.8% of PDR patients that underwent vitreoretinal surgery in the study and surgeons reported that iOCT provided valuable information for 50.6% of the patients.