Increase in the incidence of ophthalmic diseases, such as cataracts, keratosis and others, coupled with the growing adoption of surgery is the prime driver of the global ophthalmic knives market. The World Health Organization estimates that cataract is the most common eye ailment, which has caused blindness in 23 million people or 51% of the world’s blindness.
The rising prevalence of ocular illnesses such as cataracts and keratosis, combined with the increased use of surgery, is the primary driver of the global ophthalmic knife market. According to the World Health Organization, cataract is the most common eye disease, causing blindness in 23 million people, or 51% of the world's blindness. According to the World Health Organization, an estimated 285 million individuals worldwide are visually impaired, with 246 million having poor vision. As a result of an increase in the number of cataract treatments and governmental plans for blindness prevention, there is a big market for ophthalmic knives.
Key Players
The writer will create content on the general strategies of market players. And then will write the key players in the market are: Optiedge, Paramount Surgimed Ltd., Surgistar, Ophtechnics Unlimited, Sidapharm, Diamatrix Ltd., Bausch & Lomb Incorporated and Unique Technologies Inc.
Segmentation
The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:
Based on applications, the global ophthalmic knives market is segmented into the following:
- Cataract Surgery
- Keratitis Surgery
- Glaucoma Surgery
- Others
Based on material, the global ophthalmic knives market is segmented into the following:
- Metal Ophthalmic Knives
- Diamond Ophthalmic Knives
- Others
Based on design, the global ophthalmic knives market is segmented into the following:
- Straight Ophthalmic Knives
- Crescent Ophthalmic Knives
- Slit Knife Ophthalmic Knives
- Lance tip Knives Ophthalmic Knives
- MVR Knives Ophthalmic Knives
- Stab Knives Ophthalmic Knives
- Others
Based on utility, the global ophthalmic knives market is segmented into the following:
- Reusable Ophthalmic Knives
- Disposable Ophthalmic Knives
Based on end user, the global ophthalmic knives market is segmented as below:
- Hospitals
- Ambulatory Surgical Centres
- Others
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Ophthalmic Knives Market Segmentation by Product Type: Crescent Knives, Slit Knives, Straight Knives, MVR Knives; Utility: Reusable, Disposable; Blade Type: Diamond, Stainless Steel; Application: Cataract, Keratitis, Glaucoma; End-User: Hospitals, Ambulatory Surgical Centers and Regions - Global Forecast to 2027Market HighlightsAccording to MRFR analysis, Global Ophthalmic Knives Market is expected to register a CAGR of 4.9% during the forecast period of 2019 to 2025.
The rising rates of blindness globally is encouraging researchers to come up with innovative surgical instruments for the treatment of ophthalmic diseases, including cataract.
A cataract is expected to affect over 30.1 million Americans age 40 years and older by the year 2020.
This rising prevalence of ophthalmic diseases is increasing the demand for ophthalmic knives, thus, driving the growth of this market.Ophthalmic knives are fine blades that are used during ophthalmic surgeries.
Thereby, it helps market players to enhance their product portfolio and strengthen their market position, which is expected to be a key driver for the growth of the ophthalmic knives market during the forecast period.
Bausch Health Companies Inc.’s wholly-owned subsidiary, Bausch + Lomb, announced 26 new scientific analyses.
