The 2018 global retinal surgical device market is approaching $2 billion and is expected to grow to $2.5 billion by 2023. Nearly 80 percent of 2018 revenues will come from a wide range of devices used to perform vitrectomy including, vitrectomy machines, procedure packs, and numerous allied products such as ocular gases, silicone oil, scleral buckles, ocular dyes, light sources, dedicated retina instruments, and cryosurgical devices. Since the number of vitrectomy procedures is the key market driver, we look at the underlying disease states that drive the need for vitrectomies and evaluate the current and forecast number of vitrectomies performed by country or region. With the recent approval of the Bausch + Lomb Vitesse hypersonic vitrector, we focus on the potential advantages of this disruptive technology and how it could broaden the indications for vitrectomy.
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