Europe Ophthalmic Surgical Instruments Market Share, Industry Trends, Size, Revenue, Demand, Growth

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Europe Ophthalmic Surgical Instruments Market By Product (Cataract Surgery Devices, Refractive Surgery Devices, Glaucoma Surgery Devices, Vitreoretinal Surgery Devices, Ophthalmic Microscopes, Ophthalmic Surgical Accessories), Application (Cataract, Refractive, Glaucoma, Vitreoretinal, Diabetic Retinopathy, Others), End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers), Country (Germany, France, U.K, Italy, Spain, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe) – Industry Trends and Forecast to 2026
The ophthalmic devices are used in the diagnosis and treatment of eyes associated diseases such as peripheral vitreoretinal disease, vision loss due to aging, refractive eye state, glaucoma treatment, cataract surgeries and others in hospitals or other specialty clinics. Rising number of players to develop and launch of ophthalmic devices for the further enhancement such as, clear visualization by using ophthalmic microscopes, smart phone associated ophthalmic devices and devices being used for the glaucoma and cataract surgeries basically advanced from 2016 to 2018.
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Europe ophthalmic surgical instruments market is expected to grow with a substantial CAGR in the forecast period of 2019 to 2026.
Segmentation: Europe Ophthalmic Surgical Instruments Market
Ophthalmic surgical instruments market is segmented based on products, application and end user.
• On the basis of product, the market is segmented into cataract surgery devices, glaucoma surgery devices, refractive surgery devices, vitreoretinal surgery devices, ophthalmic microscopes and ophthalmic surgical accessories
o In December 2018, Alcon the division of the Novartis AG announced the launch of iLux Device which is used in the customizable treatment for the dysfunction of meibomian gland. The expanding of the portfolio helps in the technology development and their availability.
• On the basis of application, the market is segmented into cataract, glaucoma, refractive, vitreoretinal, diabetic retinopathy and others
• On the basis of end user, the market is segmented into hospitals, specialty clinics and ambulatory centers. Hospital’s segment is growing at the highest CAGR of 9.8% in the forecast period of 2019 to 2026.
o In February 2019, Ziemer Ophthalmic Systems AG announced the production of the 1000th laser FEMTO LDV. This has helped in the expansion of product portfolio.
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Competitive Analysis: Europe Ophthalmic Surgical Instruments Market
Some of the major players operating in this market are
• ZEISS International
• Leica Microsystem
• Johnson & Johnson Services, Inc.
• Quantel Medical
• Bausch Health Companies Inc.
• NIDEK CO., LTD.
• Novartis AG
• Ellex Medical Lasers Ltd.
• Ziemer Ophthalmic Systems
• HOYA Corporation
• Lumenis
• STAAR SURGICAL
• IRIDEX Corporation
• TOPCON CORPORATION
• Takagi Ophthalmic Instruments Europe LTD.
• ACB MOLTENO
• Medical Technical Products
• IVIS Technologies
• Aurolab
• Inami & Co., Ltd.
amongst others.
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Product Launch
• In September 2018, NIDEK CO., LTD. announced the launch of GS-1 Gonioscope that enables 360-degree color iridocorneal angle imaging and allows clinicians to perform in daily practice. The product will help to enhance the practices of the clinicians.
• In June 2018, Quantel Medical announced the launch of LacryDiag which is a solution for the dry eyes. The device is CE marked and approved by the U.S. Food and Drug Administration (FDA).
• In June 2018, NIDEK CO., LTD. announced the launch of RS-3000 Advance 2 Optical Coherence Tomography. The product is incorporated with the scanning laser ophthalmoscope (SLO) for the imaging of the retina and internal parts. The launch of the product will provide the solution to the eye care professionals.
Research Methodology: Europe Ophthalmic Surgical Instruments Market
Primary Respondents:
Key Opinion Leaders (KOL’s): Manufacturer, Healthcare Professionals, Doctors, Nurses, Medical practitioners.
Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.
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