Ophthalmic Surgical Technologies Market Size, Growth (2021-2027)

 Ophthalmologists can perform delicate eye procedures owing to advances in medical technology. Medical expertise combined with various technologies improves surgeon access and control while also improving patient outcomes. Ophthalmic surgery, commonly referred to as eye surgery or ocular surgery, is executed on the eye or any portion of the eye.

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Ophthalmic surgery is a medical technique that involves making incisions in the eye with equipment to repair damage or slow the progression of disease. Uncorrected refractive errors, age-related macular degeneration, unoperated cataract, diabetic retinopathy and glaucoma are the leading global causes of moderate to severe visual impairment, according to WHO estimates from 2010. Around the world, ocular surgery technologies are improving at a rate of about 3.5% per year. Furthermore, the WHO estimates that by 2019, 85 percent of all cases of vision impairment will be among individuals aged 50 and up.

Globally, the ophthalmic surgical technologies market is predicted to develop due to an ageing population and a rising prevalence of eye ailments. Furthermore, there is an increasing awareness of the need of eye care, a growing government initiative to combat visual impairment, and technological innovation. In recent years, there has been an increase in the use of robots in eye surgery procedures, particularly in wealthy countries. Robots have a high level of accuracy and can execute better in situations where delicate activities are required.

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Some of the major key players in the ophthalmic surgical technologies market are Topcon Corporation (Japan), Alcon Laboratories, Inc. (Novartis AG) (U.S.), Johnson and Johnson Vision Care, Inc. (U.S.), Carl Zeiss Meditek AG (Germany), Bausch & Lomb Inc. (U.S.), STAAR Surgical (U.S.), Essilor (France), Hoya Corporation (Japan), Nidek Co., Ltd. (Japan), Lumenis (Israel)

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