Ophthalmic Knives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
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:
Some of the prominent companies operating in the global ophthalmic knives market are HAI Laboratories, Novartis, Bausch Health, and 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.
The study presents reliable qualitative and quantitative insights into:
The regional analysis covers:
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
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