Ophthalmic Knives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Ophthalmic Knives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : October, 2020 | Medical Devices | PPT format

Report Digest


Global Ophthalmic Knives Market: Overview

The global ophthalmic knives market has grown steadily over the years due to the rising prevalence of several ophthalmic diseases. Ophthalmic knives find its major usage in the area of numerous ophthalmic diseases such as glaucoma, cataract, and keratosis. These knives are highly available in hospitals, clinics, and ASCs. Rising number of specific ophthalmic surgical procedure is majorly driving the global ophthalmic knives market.

From the perspective of products, the global ophthalmic knives market is segmented into reusable ophthalmic knives and single-use ophthalmic knives. Among them, single-use ophthalmic knives segment accounts for the highest share in the global ophthalmic knives market due to the increasing demand for hygienic ophthalmic procedures. The research report by TMR Research (TMR) designs a unique growth strategies through providing a comprehensive analysis of the competitive landscape of the global ophthalmic knives market. The report also offers information on the products which are offered by companies. 

Global Ophthalmic Knives Market: Notable Developments

Some of the key developments responsible for the steady growth of the global ophthalmic knives market include:

  • Diamatrix Ltd. is manufacturing ophthalmic crescent blades which features pointed and sharp edges with rounded tip and straight sides. Such blades provide accurate cuts.
  • Shreeji Micro Systems Inc. are developing ophthalmic knives with the integration of various latest technologies. They are launching heat tampered knives which are specially designed for offering precise and strong point for easy penetration at the time of surgeries.

Some of the most prominent competitors operating in the competitive landscape of global ophthalmic knives market include –

  • HAI Laboratories
  • Novartis
  • Bausch Health
  • Sidapharm

Global Ophthalmic Knives Market: Key Growth Drivers

The global ophthalmic knives market is primarily driven by the rising incidences of several ophthalmic diseases. Along with this, increasing number of surgeries worldwide and soaring demand for minimally invasive surgeries are also propelling expansion in the global ophthalmic knives market. Rapid adoption of robotic platforms in ophthalmic surgeries and surging demand for advanced surgical procedures among patients suffering from keratosis and glaucoma are also providing impetus to the growth of the global ophthalmic knives market.

Furthermore, several companies in the global ophthalmic knives market are emphasizing on launching several technologically advanced  single-use ophthalmic knives, which differ in the area of material and sharpness on the basis of surgical demands. Due to this, numerous end-users such as clinics and hospitals are choosing the ophthalmic knives based on the different types of ophthalmic surgical procedures. Such factors are also expected to fuel growth in the global ophthalmic knives market. However, another factor responsible for spurring growth of the global ophthalmic knives market includes the growing cases of diabetes globally. Diabetes has become a major cause of blindness, which results in diabetic retinopathy.

However, the global ophthalmic knives market is facing a few challenges which are hampering the growth. Health hazards associated with the use of ophthalmic knives is expected to negatively impact the growth of the global ophthalmic knives market during the assessment period. Nonetheless, rapid technological advancements and incorporation of latest technology in ophthalmology are believed to overcome some challenges in the upcoming years.

Global Ophthalmic Knives Market: Regional Outlook

With respect to geography, North America is expected to dominate the global ophthalmic knives market as the region has witnessed rising healthcare expenditures. Along with this, presence of several reimbursement opportunities in countries such as Canada and the USA and increasing number of ASCs are also responsible for fueling growth in the ophthalmic knives market in this region.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?