Ophthalmic Knives Market Trends and Forecast
The future of the global ophthalmic knives market looks promising with opportunities in the hospital and ambulatory surgical center markets. The global ophthalmic knives market is expected to grow with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing prevalence of eye disorders such as cataracts and glaucoma, technological advancements in surgical instruments, and growing preference among patients and surgeons for minimally invasive ophthalmic procedures.
• Lucintel forecasts that reuseable is expected to witness higher growth over the forecast period.
• Within this market, hospitals is expected to witness the higher growth.
• North America will remain the largest region over the forecast period.
Country Wise Outlook for the Ophthalmic Knives Market
• United States: Alcon Inc. has launched a new series of microsurgical knives designed for precise incisions in cataract surgeries, aiming to improve surgical outcomes. The FDA supports innovations in ophthalmic surgical instruments to enhance patient safety and treatment efficacy.
• Germany: Carl Zeiss Meditec AG has introduced a range of premium ophthalmic knives with enhanced blade designs for better surgical control and reduced tissue trauma. The German government encourages investments in medical technology to maintain leadership in healthcare innovation.
• Japan: Topcon Corporation has developed automated ophthalmic knife systems that integrate with robotic surgical platforms, enhancing surgical precision and reducing human error. Japanese regulatory bodies promote advancements in medical devices to meet aging population needs.
• India: Indian ophthalmic clinics are increasingly adopting advanced microsurgical knives from companies like Appasamy Associates and Aurolab, targeting affordability and high-quality outcomes in cataract surgeries. Government initiatives focus on improving healthcare infrastructure and accessibility to ophthalmic treatments.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ophthalmic Knives Market by Segment
The study includes a forecast for the global ophthalmic knives market by product, design, end use, and region.
Ophthalmic Knives Market by Product [Value from 2018 to 2030]:
• Reusable
• Single-Use
Ophthalmic Knives Market by Design [Value from 2018 to 2030]:
• Straight Knives
• Crescent Knives
• Slit Knives
• Mvr Knives
• Stab Knives
• Others
Ophthalmic Knives Market by End Use [Value from 2018 to 2030]:
• Hospitals
• Ambulatory Surgery Centers
• Clinics
Ophthalmic Knives Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ophthalmic Knives Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ophthalmic knives companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ophthalmic knives companies profiled in this report include-
• Alcon
• Hoya Corporation
• Essilor
• Topcon Corporation
• MANI
• Seiko Optical Products
• Nidek
• Ziemer Group
• Alltion
• DGH Technology
Recent Development in the Ophthalmic Knives Market
• Alcon Inc.: Alcon Inc. has launched the Alcon INFIT™ ultrasonic handpiece system, featuring microsurgical knives for cataract surgery. This system integrates advanced ultrasound technology to enhance surgical precision and efficiency, aiming to improve patient outcomes.
• Carl Zeiss Meditec AG: Carl Zeiss Meditec AG has introduced the VisuMax® Femtosecond Laser System, incorporating femtosecond laser technology for creating precise corneal incisions and flaps in refractive surgery. This system offers high precision and safety in ophthalmic procedures, catering to demanding surgical requirements.
• Bausch + Lomb: Bausch + Lomb has expanded its Stellaris Elite™ Vision Enhancement System with microsurgical knives optimized for vitreoretinal surgeries. These knives feature advanced blade designs and ergonomic handles to support delicate maneuvers in complex eye surgeries, enhancing surgical control and patient safety.
• Novartis AG (Alcon): Alcon, a division of Novartis AG, has announced the development of the Alcon DORC EVA™ Surgical System, a comprehensive platform for posterior segment surgeries. This system includes innovative ophthalmic knives and vitrectomy probes designed to improve surgical outcomes and optimize workflow efficiency.
• Johnson & Johnson Vision: Johnson & Johnson Vision has launched the TECNIS® Eyhance™ IOL, featuring proprietary intraocular lens (IOL) technology designed to improve vision outcomes in cataract surgery. This development complements their portfolio of ophthalmic surgical solutions, including advanced microsurgical instruments.
Features of the Global Ophthalmic Knives Market
Market Size Estimates: Ophthalmic knives market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ophthalmic knives market size by product, design, end use, and region in terms of value ($B).
Regional Analysis: Ophthalmic knives market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, designs, end uses, and regions for the ophthalmic knives market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ophthalmic knives market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for ophthalmic knives market?
Answer: The global ophthalmic knives market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the ophthalmic knives market?
Answer: The major drivers for this market are increasing prevalence of eye disorders such as cataracts and glaucoma, technological advancements in surgical instruments, and growing preference among patients and surgeons for minimally invasive ophthalmic procedures.
Q3. What are the major segments for ophthalmic knives market?
Answer: The future of the ophthalmic knives market looks promising with opportunities in the hospital and ambulatory surgical center markets.
Q4. Who are the key ophthalmic knives market companies?
Answer: Some of the key ophthalmic knives companies are as follows:
• Alcon
• Hoya Corporation
• Essilor
• Topcon Corporation
• MANI
• Seiko Optical Products
• Nidek
• Ziemer Group
• Alltion
• DGH Technology
Q5. Which ophthalmic knives market segment will be the largest in future?
Answer: Lucintel forecasts that reuseable is expected to witness higher growth over the forecast period.
Q6. In ophthalmic knives market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ophthalmic knives market by product (reusable and single-use), design (straight knives, crescent knives, slit knives, MVR knives, stab knives, and others), end use (hospitals, ambulatory surgery centers, and clinics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ophthalmic Knives Market Market, Ophthalmic Knives Market Market Size, Ophthalmic Knives Market Market Growth, Ophthalmic Knives Market Market Analysis, Ophthalmic Knives Market Market Report, Ophthalmic Knives Market Market Share, Ophthalmic Knives Market Market Trends, Ophthalmic Knives Market Market Forecast, Ophthalmic Knives Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.