Ophthalmic Surgical Technologies Market Forecasts Till, 2023 to 2028

MUMBAI, India - July 12, 2023 - PRLog -- The Ophthalmic Surgical Technologies Market is driven by the increasing prevalence of ophthalmic disorders, rising geriatric population, and technological advancements in ophthalmic surgery. Increasing prevalence of ophthalmic disorders:

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Rising geriatric population: The global population is aging, and the geriatric population is the most affected by ophthalmic disorders. According to the WHO, the number of people aged 60 years and above is projected to reach 2.1 billion by 2050. The increasing geriatric population is expected to drive the demand for ophthalmic surgical procedures.

The ophthalmic surgical technologies market is segmented by product type, surgical type, end user, and region. By product type, the market is segmented into implants, instruments, and consumables. The implants segment is further segmented into intraocular lenses (IOLs), glaucoma drainage devices, and retinal implants. The instruments segment is further segmented into phacoemulsification devices, lasers, and vitrectomy devices. The consumables segment is further segmented into sutures, viscosurgical devices (VSDs), and irrigation fluids.

By surgical type, the market is segmented into cataract surgery, glaucoma surgery, refractive surgery, and retinal surgery. The cataract surgery segment is the largest segment of the market, followed by the glaucoma surgery segment.

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By end user, the market is segmented into hospitals, clinics, and academic research institutes. The hospitals segment is the largest segment of the market, followed by the clinics segment.