PEDIATRIC VITRECTOMY MARKET ANALYSIS

Regional Analysis

Global Pediatric Vitrectomy Market Regional Analysis

On basis of region, global pediatric vitrectomy market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to witness significant market growth in the global pediatric vitrectomy market, owing to factors such as increasing prevalence of retinopathy of prematurity (ROP) among infants, which in turn results in vision impairment as well as blindness. For instance, according to National Institute of Health (NIH) July 2019 report, around 14,000 to 16,000 infants in the U.S. were affected by retinopathy of prematurity (ROP), which is expected to lead to development of vision impairment and blindness in severe cases. Therefore, rising prevalence of blindness and vision impairments is driving pharmaceutical companies to focus on research and development in pediatric vitrectomy devices to strengthen their market share.

For instance, in 2019, Bausch + Lomb, an eye health product company in the U.S. launched 23 gauge Bi blade dual port vitrectomy cutters with efficiency of 15,000 cuts per minute rate and thus increases cutting flow efficiency as compared to guillotine cutters in the ophthalmic surgeries.

In Europe, increasing prevalence of cataract among children is propelling growth the of pediatric vitrectomy procedures in infants. For instance, according to the National Health Service (NHS) 2018 report, around 3 to 4 infants, in every 10,000 infants were affected by cataract in the U.K. These factors are expected to exhibit significant growth in the Europe pediatric vitrectomy market over the forecast period.