Ultrasonic phacoemulsification is the standard of care for cataract surgery in all wealthy nations, and the technology is on the way to becoming the standard of care in less developed regions, as well. The sophisticated phaco machines and disposable kits required to perform modern cataract surgery create a significant market opportunity.
Market Scope expects global sales of approximately $840 million in cataract equipment and dedicated machines in 2008. In addition, we forecast that the market will increase to $1.15 billion by 2013 at a compounded annual growth rate of 6.4 percent.
Click to read 2008 Comprehensive Report on the Global Cataract Surgical Equipment Market
Posted by katiec on Monday 1 September, 2008 10:01 PM
The aging of the global population will lead to steady increases in ophthalmic surgery during the next five years. This and rising concerns over cross-contamination are key factors that will drive growth in the single-use ophthalmic surgical products market during the period. New technologies and products such as refractive IOLs will add to the mix of market drivers, as will the increased demand for labor-saving devices, which has been spurred by a growing shortage of ophthalmologists and nurses.
Market Scope expects the global ophthalmic single-use surgical products market to generate $1.78 billion in sales in 2008, and we forecast that the market will climb to $2.31 billion by 2013, representing a compounded annual growth rate of 5.4 percent.
Click to read 2008 Comprehensive Report on the Global Single-Use Ophthalmic Surgical Products Market
Posted by katiec on Monday 1 September, 2008 08:34 PM
Click to read The 2008 Comprehensive Report on the Global IOL Market
Posted by katiec on Monday 7 July, 2008 03:56 PM
Click to read Quarterly Updates on the US Cataract Market
Posted by Kristen Harmon on Wednesday 16 January, 2008 11:07 PM