Global Cataract Surgery Devices Market: Overview
Cataract surgery refers to the process that assists in the removal of clouding of natural lens from the affected eye. An individual can be affected by cataract at birth or later due to physical or chemical injury. Cataract surgery devices find use in the treatment of cataract and these devices do not cause any damage to the cornea. This surgery comes with an excellent record of success and safety and is a low-risk procedure. The development of the global cataract surgery devices market can be ascribed to increased prevalence of incidences of cataract. In addition, rising geriatric population who are more inclined toward contacting various ophthalmologic diseases particularly cataracts.
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According to World Health Organization (WHO), a large chunk of the cases of blindness is caused by cataract. Subcapsular cataracts, cortical cataracts, and nuclear cataracts are the three different types of cataracts. One of the most common ocular disorder, cataract has very high prevalence in the developed countries due to the presence of a large base of geriatric population. This factor is likely to support developments in the global cataract surgery devices market in the years to come.
Product type, application, and region are important factors in the market that has been considered for the classification of the global cataract surgery devices market.
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Global Cataract Surgery Devices Market: Notable Developments
Entry of many new firms in the market is likely to make the competition tougher for all the players in the global cataract surgery devices market in the years to come. Expansion in the base of geriatric population who are prone to ocular diseases is driving market players to come up with innovative and low-risk devices. In addition, established players to maintain their positions are adopting strategies like acquisitions and mergers.
Some of the major players in the global cataract surgery devices market are
- Valeant Pharmaceuticals International, Inc
- Johnson & Johnson
- Carl Zeiss Meditec AG
- Ziemer Ophthalmic Systems AG
- HAAG-Streit Holding AG
- Abbott Laboratories,.
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