Tuesday, May 25, 2021

Ophthalmic Handheld Surgical Instruments Market Size Is Projected To Reach $3.0 Billion By 2027

The global ophthalmic handheld surgical instruments market size is anticipated to reach USD 3.0 billion by 2027 registering a CAGR of 4.8%, according to a new report by Grand View Research, Inc. Rising prevalence of ocular disorders, such as glaucoma, cataract, and refractive errors, and high adoption of advanced surgical instruments are the factors expected to drive the market growth. Increasing patient preference for treatment methods that provide long-term and immediate relief from symptoms is one of the primary factors driving the market. In addition, the presence of several initiatives undertaken by various governments and NGOs to conduct awareness programs and surgical outreach camps is anticipated to aid market growth.

Increasing preference for minimally invasive surgical options and rapid technological advancements are expected to replace traditional surgical techniques. The growing popularity of ambulatory surgery centers and patient preference for a minimal hospital stay are also expected to boost the demand for advanced handheld surgical tools during the forecast period. Obsolete technologies due to high competition and shortage of ophthalmic surgeons globally are some of the factors anticipated to hinder the market growth. The shortage of ophthalmic surgeons means longer wait times, which results in high demand for alternative treatment methods over ocular surgeries.

Full Research Report On Ophthalmic Handheld Surgical Instruments Market Visit Here: https://www.grandviewresearch.com/industry-analysis/ophthalmic-handheld-surgical-instruments-market

Ophthalmic Handheld Surgical Instruments Market Report Highlights

  • The ophthalmic knives product segment will account for the largest revenue share of the market by 2027
  • However, ophthalmic knives are expected to be gradually replaced by advanced laser cutting systems
  • The scissors segment is anticipated to register the fastest CAGR during the forecast period
  • The hospital end-use segment captured the largest market share in 2019 and is expected to grow at a significant CAGR over the forecast period
  • This growth can be attributed to the factors, such as large patient pool and availability of technologically advanced instruments & skilled professionals, in hospitals
  • North America held the largest market share as the U.S. is one of the majorsuppliers of ophthalmic handheld surgical instruments globally
  • Asia Pacific is expected to be the fastest-growing regional market over the forecast period due to rising product demand in countries, such as China, India, and Japan

Request a Sample Copy of the Report @ https://www.grandviewresearch.com/industry-analysis/ophthalmic-handheld-surgical-instruments-market/request/rs1

Ophthalmic Handheld Surgical Instruments Market Segmentation

Grand View Research has segmented the global ophthalmic handheld surgical instruments market on the basis of product, end use, and region:

Ophthalmic Handheld Surgical Instruments Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Forceps
  • Scissor
  • Chopper
  • Ophthalmic Knives
  • Cannula
  • Others

Ophthalmic Handheld Surgical Instruments End-use Outlook (Revenue, USD Million, 2016 - 2027)

  • Hospital
  • Ophthalmic Clinic
  • Others

Ophthalmic Handheld Surgical Instruments Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of Ophthalmic Handheld Surgical Instruments Market

  • BVI
  • Accutome, Inc.
  • Katena Products, Inc.
  • Haag-Streit Group
  • Appasamy Associates
  • Millennium Surgical Corp.
  • Asico, LLC.
  • Katalyst Surgical
  • Inka Surgical Instruments
  • Surgical Holdings

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

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