A recent report published by Infinium Global
Research on the ophthalmic knives market provides an in-depth analysis of segments and
sub-segments in the global as well as regional ophthalmic knives market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional ophthalmic knives market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecast
and dollar values of the global ophthalmic knives market. According to the report,
the global ophthalmic knives market is projected to grow at a healthy CAGR over
the forecast period of 2019-2025.
Ophthalmic knives are fine blades designed
for performing deep, fine and precision cuts during ophthalmic surgeries to
reduce the surgical impression. Ophthalmic knives are mainly used for the
treatment of diseases like glaucoma and cataract. The global ophthalmic knives
market is expected to grow at a success rate over the forecast period.
The increasing occurrence of ophthalmic
disorders, diabetic retinopathy, and other eye surgical cases are the major
factors driving the growth of the global ophthalmic knives market. Also, the
increase in the geriatric population is another reason that is fueling the
growth of the market. Moreover, the rise in the incidence of ophthalmic
diseases, such as cataracts, keratosis, and others are the driving factors for
the market growth. According to the World Health Organization, over 51% of
blindness in the eastern Mediterranean region is mainly due to cataracts.
Moreover, the growing number of the ophthalmic surgical process also plays a
key role in the growth of the ophthalmic knives market across the globe.
Though, an increase in the high cost of ophthalmic knives may restrain the
market growth during the forecast period. Training initiatives for surgeons and
healthcare providers to improve abilities creates an opportunity for the growth
of the market in the upcoming years.
The report on the ophthalmic knives market is
segmented regionally into North America, Latin America, Western Europe, Eastern
Europe, Asia-Pacific, Japan, and Middle East & Africa. Among all, North
America is leading the global ophthalmic knives market due to an increase in
healthcare expenditure. The increasing number of Ambulatory surgery centers
also plays a key role in the growth of the ophthalmic knives market in this
region. Moreover, Asia-Pacific is projected to grow at a rapid pace during the
forecast period. Growth in healthcare centers is one of the key factors for the
growth of the market in this region. The Middle East and Africa ophthalmic
knives market are anticipated to be dominated by the Gulf nations of Saudi
Arabia, Qatar, Kuwait, and UAE. The poor healthcare costs of Africa and the
lesser adoption of medical devices in the region are some factors hampering the
market growth. Thus, low-tech devices hold a top-heavy share of the Middle East
and Africa ophthalmic knives market.
The report on the global ophthalmic knives market
covers segments such as product type, usage, blade type, application, and end
user. On the basis of product type, the sub-markets include slit knives, MVR
knives, crescent knives, stab knives, and other product types. On the basis of
usage, the sub-markets include reusable, and disposable. On the basis of blade
type, the sub-markets include diamond, stainless steel, and blade types. On the
basis of application, the sub-markets include cataract, glaucoma, endothelial,
keratoplasty, and other application. On the basis of end user, the sub-markets
include hospitals, specialized clinics, and other end user.
The report provides profiles of the companies
in the market such as Unique Technologies Inc., Paramount Surgimed Ltd.,
Optiedge, Diamatrix Ltd., Ophtechnics Unlimited, Bausch & Lomb
Incorporated, Surgistar, Sidapharm, Novartis AG, Alcon Inc., and Other companies.
The report provides deep insights into the
demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the factors that are driving and restraining
the growth in this market. Moreover, The IGR-Growth Matrix analysis given in
the report brings an insight into the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter's five forces analysis and DRO analysis of
ophthalmic knives market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.