North America Ophthalmic Knives Market Size, Share & Industry Trends Analysis Report By End User (Hospitals, Eye Clinics), By Design (Slit Knives, MVR Knives, Straight Knives, Crescent Knives), By Application, By Product, By Country and Growth Forecast, 2022 – 2028
The North America Ophthalmic Knives Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
The eye condition known as glaucoma is frequently characterized by elevated intraocular pressure (IOP). Loss of the visual field and optic nerve amputation are both effects of glaucoma. Glaucoma must be diagnosed and treated in patients as soon as possible because it is brought on by non-specific IOP levels. The fact that glaucoma has four causes—inflammatory ocular hypertension syndrome (IOHS), corticosteroid-induced, severe uveitic angle closure, and a heterogonous mechanism linked to structural change and persistent inflammation—adds still another difficulty to the disease's precise diagnosis.
Additionally, the causes and treatments of pediatric glaucoma may differ significantly from those of glaucoma that develops in adulthood. Currently, an IOP of 21 mm Hg or above within a child is the greatest indicator of pediatric glaucoma. Cataract surgery is one of the most typical causes of childhood glaucoma. The recent popularization of minimally invasive procedures is increasing the number of people opting for eye surgeries significantly. The term "minimally invasive procedures" refers to surgical methods that reduce the size of incisions required, hence reducing the amount of time required for wound healing, related discomfort, and infection risk.
Age-related eye illnesses such as glaucoma, cataracts, age-related macular degeneration (AMD), retinopathy, and impaired vision are on the rise among the senior population in North America. Women are found to experience AMD more frequently than men, and those who are not affected until they are 40 to 50 years old. The elderly population is anticipated to grow as a result of rising life expectancy, which would increase the incidence of age-related illnesses.
The US market dominated the North America Ophthalmic Knives Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $102,142.9 Thousands by 2028. The Canada market would witness a CAGR of 6.5% during (2022 - 2028). Additionally, The Mexico market is poised to grow at a CAGR of 5.5% during (2022 - 2028).
Based on End User, the market is segmented into Hospitals, Eye Clinics and Others. Based on Design, the market is segmented into Slit Knives, MVR Knives, Straight Knives, Crescent Knives and Others. Based on Application, the market is segmented into Cataract Surgery, Glaucoma Surgery and Others. Based on Product, the market is segmented into Reusable Ophthalmic Knives and Disposable Ophthalmic Knives. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Core Surgical Limited, Omni Lens Pvt. Ltd., SafeOps Surgical Care Ltd., Neu Micromed International Pvt. Ltd., Mani, Inc., Bausch Health Companies, Inc., Diamatrix Ltd., HAI Laboratories, Inc., Sidapharm P.C. and Bohaikangyuan Medical Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By End User
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook