Corneal Surgery Devices Market 2023 Forecast and Segments by 2030

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The growing demand for refractive surgery is expected to drive the growth of the corneal surgery devices market.

The corneal surgery devices market players and analysis by device type, transplantation, procedures, end user - global forecast till 2030. The global market is expected to grow at a CAGR of 6.3% from 2022 to 2030, reaching a value of USD 9,700.5 million by 2030. The growth of this market is attributed to the increasing prevalence of corneal diseases, such as keratoconus, corneal dystrophies, and corneal ulcers. Additionally, the growing demand for refractive surgery is expected to drive the growth of the corneal surgery devices market.

Key Market Trends

Corneal diseases are a major cause of blindness and visual impairment worldwide. The prevalence of corneal diseases is increasing due to factors such as aging, environmental pollution, and contact lens use.

Technological advancements in the field of corneal surgery are leading to the development of more sophisticated and effective corneal surgery devices. This is expected to drive the growth of the corneal surgery devices market.

Competitive Landscape

The global corneal surgery devices market is highly competitive, with a number of leading players. Some of the key players in the market include Alcon Laboratories Inc. (Switzerland), KeraMED (Canada), Abbott Medical Optics Inc. (U.S.), Bausch & Lomb, Inc. (U.S.), Carl Zeiss Meditec AG (Germany), Haag-Streit AG (Switzerland), Ziemer Ophthalmic Systems AG (Switzerland), Topcon Corporation (Japan), Essilor International S.A. (France), Johnson & Johnson Private Limited (U.S.), Nidek Co. Ltd. (Japan), Cooper Vision (U.S.)

Segmentation:

Global corneal surgery devices market is segmented on the basis of devices types, into diagnostic devices, corneal surgery devices, vision care.

Diagnostic devices are further segmented into fundus cameras, keratometers, corneal topographer, ophthalmic ultrasound imaging systems and other.

On the basis of transplantation type, market is segmented into deep anterior lamellar keratoplasty, penetrating keratoplasty, synthetic corneas and other. Synthetic corneas are further segmented into boston keratoprosthesis, alphacor, osteo-odonto-keratoprosthesis.

On the basis of procedures, they are segmented into pre-operative examination, penetrating keratoplasty, lamellar keratoplasty

On the basis of end users, they are segmented into ophthalmic clinics, hospitals and other.

Regional Analysis

North America is the largest market for corneal surgery devices, followed by Europe and Asia Pacific. The growth of the corneal surgery devices market in North America is attributed to the high prevalence of corneal diseases and the growing demand for refractive surgery in the region. The European market is growing due to the increasing aging population and the rising demand for advanced corneal surgery devices. The Asia Pacific market is expected to witness the fastest growth during the forecast period, owing to the rising disposable incomes and the increasing awareness of corneal surgery.

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