Vitrectomy Devices Market Size, Share, By Product (Vitrectomy Machines, Vitrectomy Packs, Photocoagulation Lasers, and Illumination devices), By Application (Diabetic Retinopathy, Retinal Detachment, Macular Hole, Vitreous Hemorrhage, and Others), By End Use (Hospitals, Ophthalmic clinics, Ambulatory Surgical Centers), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI557424 | Publish Date: August 2024 | No. of Pages: 185

Vitrectomy Devices Market Overview

Vitrectomy Devices Market Size was valued at USD 1.52 Billion in 2024 and is expected to reach USD 2.4 Billion by 2034, growing at a CAGR of 5.2%

Vitrectomy devices are special surgical instruments used in vitreoretinal surgery, which treat various eye conditions affecting the retina and vitreous body. These devices arm an ophthalmologist with the ability to perform delicate and precise operations within the eye.

 The primary component of a vitrectomy device is, of course, the vitrector, also referred to as the vitreous cutter. This instrument is a small, hollow needle with an opening near the tip and an inner cutting mechanism. The vitrector opens and closes the port rapidly enough to cut and suction the vitreous gel from the eye without causing uncontrolled movements. Directors can have cut rates as high as 5,000 to 7,500 on average, while the more advanced ones have a maximum of 20,000 cuts per minute. The infusion system is part of the vitrectomy devices, which works toward the eye's shaping and pressure during surgery. This continuously introduces a balanced salt solution into the eye, which replaces the removed vitreous and maintains proper pressure within the eye. The infusion line is usually introduced through a lateral incision in the eyeball.

Virtually all modern vitrectomy machines are part of more comprehensive surgical systems, including other facilities such as laser photocoagulation, endo diathermy for hemostasis, and multiple interchangeable instruments such as membrane peeling or intraocular foreign body forceps. Such systems can also include programmable settings with foot pedal controls over cut rate, aspiration, infusion pressure, and the like during the operation.

Over the years, trends in the development of vitrectomy devices have been oriented toward instruments of a smaller gauge, 23, 25, or even 27 gauge, that would permit sutureless surgery with less discomfort and faster recovery. Each of these developments has, in turn, made the procedures of vitrectomy themselves safer, more efficient, and less invasive, leading to improved outcomes for patients with a wide range of retinal disorders.

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Vitrectomy Devices Market Dynamics

Key Drivers of Target Market:

Increasing Age-Related Eye Diseases:

  • Due to global aging, the high occurrence of age-related eye diseases such as diabetic retinopathy, age-related macular degeneration, and retinal detachment has been noted. These diseases often need vitrectomy as a treatment measure, thus driving the market growth. This trend is especially strong in developed countries with aging populations.

Technological Advancements:

  • Innovations in vitrectomy devices are changing the game. Smaller gauges, improved visualization systems, and automated features make surgeries more successful and increase the conditions that can be treated. For example, smaller gauges allow for less invasive procedures, less discomfort and faster recovery. Advanced visualization systems provide surgeons with clarity of vision and precision. Further, the automation of the devices has reduced surgeon fatigue, improving efficiency.

Restrains:

High Cost Of Devices And Procedures:

  • The need for a considerable amount of capital to be laid in vitrectomy devices while the institutions or health centers operate is an upfront investment. Secondly, the cost itself of the procedure deters many patients. Thus, access to treatment for such patients is restricted. However, with improving technology and more competition between device manufacturers, the prices are bound to drop.

Opportunities:

Emerging markets:

  • Improving healthcare infrastructure and a growing population make developing countries a huge opportunity for the vitrectomy devices market. This is based on a huge, untapped patient pool suffering from various eye diseases and a rising middle-class population with more significant disposable income. Moreover, the increasing awareness about eye health and improving affordability of healthcare raise the demand for vitrectomy procedures within these regions.

Other technologies:

  • Integration of vitrectomy with other technologies, like intraocular lenses or gene therapy, could completely solve the problems of eye diseases. This can thus yield better outcomes for patients, increase treatment options, and stimulate market growth.

Vitrectomy Devices Market Segmentation

The market is segmented based on Product, Application, End-User, and Region.

Product Insights:

  • Vitrectomy Machines: Vitrectomy machines are advanced surgical systems designed to perform vitrectomy, a type of eye surgery that removes the vitreous gel from the eye. The added features of vitrectomy machines in fluidics management, precision cutting, and image integration make these devices crucial in sophisticated retinal surgeries. Their adoption is being accelerated by the growing occurrence of retinal disorders and improving technologies.
  • Vitrectomy Packs: These packs contain all disposables used in a vitrectomy operation, including cannulas, cutters, and infusion tubing. This sterilized and convenient pack reduces preparation time for surgeries. The rising demand for minimally invasive surgeries further strengthens the use of vitrectomy packs in ambulatory settings.
  • Photocoagulation Lasers: These lasers seal tears in the retina and prevent retinal detachment. They play a very important role in the management of diabetic retinopathy and other conditions affecting the retina. These devices deliver precise laser energy, aiding targeted treatment with minimum damage to the surrounding tissues. The increase in eye diseases among people with diabetes has increased the utilization of these lasers.
  • Illumination Devices: These devices optimally illuminate the inside of the eye during a vitrectomy so that the surgeon can have a proper view of the retina and all intraocular structures. Illumination devices, like fiber-optic systems and light sources, are essential for better surgical accuracy. The development of adjustable high-intensity illumination has enhanced the safety and effectiveness of surgeries performed on the retina.

Application Insights:

  • Diabetic Retinopathy: These vitrectomy devices are also in strong demand for treating diabetic retinopathy, where this procedure is applied to remove vitreous hemorrhage and repair retinal detachments caused by advanced diabetic eye diseases. Therefore, the growing incidence of diabetes globally will further boost the demand for vitrectomy devices in this category.
  • Retinal Detachment: Retinal detachment is a serious condition in which the retina detaches from its underlying tissue; vitrectomy is most often preferred as a treatment. This procedure attaches the retina and thus Restores Vision. Growing awareness of early diagnosis and treatment is expected to drive demand for vitrectomy devices in this application.
  • Macular Hole: This is a small break in the macula that leads to loss of vision. Vitrectomy is the standard treatment for this condition. During this process, the vitreous gel is removed, and a gas bubble is introduced to help close the hole and improve vision. Surgical techniques have improved outcomes in this application.
  • Vitreous Hemorrhage: This is bleeding into the vitreous cavity, mainly caused by diabetic retinopathy or some traumatic process. It is treated by performing a vitrectomy to remove the blood, thus restoring vision. Growing eye injuries and diabetic complications raise the demand for vitrectomy devices in the treatment of this indication.
  • Others: This segment provides treatment for diseases that include epiretinal membranes and retinal vein occlusion, which use vitrectomy as part of their integrated approach to treatment. There is growing recognition of vitrectomy as a powerful therapeutic tool in a wide range of retinal disorders, thereby driving the growth of this segment.

End-User Insights:

  • Hospitals: This is the largest end-user segment of vitrectomy devices, especially for complex retina surgeries requiring special equipment and a great deal of specialized care. The easy availability of ophthalmic surgeons and fully equipped healthcare facilities make it a very significant segment of this market.
  • Ophthalmic clinics: These are specialized clinics that offer eye care and, more importantly, retinal surgeries. These clinics increasingly use vitrectomy devices, with the utmost concentration of care focused on the outpatient side and minimally invasive procedures. This segment is growing as there is a growing preference for specialized eye care.
  • Ambulatory Surgical Centers: Ambulatory surgical centers are becoming famous for carrying out vitrectomy procedures as they are much cheaper and more convenient for patients. Same-day surgeries with less recovery time make ASCs impressive, especially for less complicated vitrectomy procedures. Thus, the trend toward outpatient surgeries boosts demand in this segment.

Regional Insights

  • North America: North America holds the largest market share in vitrectomy devices, owing to a high prevalence of retinal disorders, advanced health infrastructure, and significant investments in ophthalmic research. Besides, it boosts the regional market through the presence of major players and the early adoption of novel technologies.
  • Asia Pacific: Asia Pacific is expected to grow at a tremendous pace in the vitrectomy devices market due to the increasing prevalence of diabetes and related ophthalmic diseases, improving healthcare infrastructure, and growing disposable incomes. Countries such as China and India contribute the most to growth because they have large patient populations.
  • Europe: The established healthcare infrastructure and rising awareness about various retinal diseases will be the prime factors driving demand for vitrectomy devices across this region. Germany, the UK, and France are leading markets due to their robust healthcare infrastructure and increasing aging population, which further opens the doors to an increased susceptibility towards retinal conditions.
  • Latin America: The vitrectomy devices market is exhibiting stable growth, driven by rising expenditure on healthcare and gaining access to advanced medical technologies. Countries such as Brazil and Mexico are leading the charge within the region, further augmented by the rise of the middle-class population and increasing focus on eye care.
  • Middle East and Africa: The growth in the vitrectomy devices market in the Middle East and African region is modest. Although the market is currently in its developing stage, growing investments in healthcare infrastructure and rising awareness about eye health are likely to drive growth in the future. This market is highly concentrated in rich countries such as the UAE and Saudi Arabia, which have better access to advanced medical care.

Vitrectomy Devices Market Report Scope:

Attribute

Details

Market Size 2024

USD 1.52 Billion 

Projected Market Size 2034

USD 2.4 Billion

CAGR Growth Rate

5.2%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Vitrectomy Machines, Vitrectomy Packs, Photocoagulation Lasers, and Illumination devices.

By Application - Diabetic Retinopathy, Retinal Detachment, Macular Hole, Vitreous Hemorrhage, and Others.

By End-User - Hospitals, Ophthalmic clinics, Ambulatory Surgical Centers.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product, Application, End-User, and Region.

Segmentation:

By Product:

  • Vitrectomy Machines

  • Vitrectomy Packs
  • Photocoagulation Lasers
  • Illumination devices

By Application:

  • Diabetic Retinopathy
  • Retinal Detachment
  • Macular Hole
  • Macular Hole
  • Vitreous Hemorrhage
  • Others

By End-User:

  • Hospitals
  • Ophthalmic clinics
  • Ambulatory Surgical Centers

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Vitrectomy Devices Market Key Players

The key players operating the Vitrectomy Devices Market include Alcon Inc., Bausch + Lomb., BVI, NIDEK CO., LTD., Johnson & Johnson Vision Care, Inc., Blink Medical, Topcon Corporation, Carl Zeiss Meditec AG, HOYA Medical Singapore Pte. Ltd.

Vitrectomy Devices Market Key Players

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Vitrectomy Devices Market Key Issues Addressed

  • In July 2024, Alcon, the world's leading eye care company dedicated to helping people see brilliantly, announced that the UNITY Vitreoretinal Cataract System and UNITY Cataract System have gained FDA approval. These are the first innovations to be released from Alcon's highly anticipated Unity portfolio. They are thrilled to unveil the next generation of equipment solutions and consumables for cataract and vitreoretinal surgery, which will significantly influence eye care professionals and patients."
  • In April 2023, all India first license was granted for 5 manufacturing units (by bureau of Indian standards, Chennai branch office). The Bureau of Indian Standards is a statutory organization that reports to the Ministry of Consumer Affairs, Food, and Public Distribution in the Government of India. It operates a variety of schemes, including Product Certification (ISI mark), Management Systems Certification, Hall Marking of Gold and Silver Jewellery/Artefacts, and Laboratory Services, for the benefit of the industry and, ultimately, consumer protection.
  • M/s. Butterfly Gandhimathi Appliances Ltd., Chengalpattu, has been granted an All India First Licence for the "Stainless Steel Vacuum Flasks" product by IS 17526:2021.

Vitrectomy Devices Market Company Profile

  • Alcon Inc.
  • Bausch + Lomb.
  • BVI
  • NIDEK CO., LTD.
  • Johnson & Johnson Vision Care, Inc.
  • Blink Medical
  • Topcon Corporation
  • Carl Zeiss Meditec AG
  • HOYA Medical Singapore Pte. Ltd

Vitrectomy Devices Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product
    • Market Snippet, By Application
    • Market Snippet, By End-User
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, By Product, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Vitrectomy Machines
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Vitrectomy Packs
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • Photocoagulation Lasers
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Illumination devices
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Diabetic Retinopathy
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Retinal Detachment
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Macular Hole
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Vitreous Hemorrhage
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By End-User, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hospitals
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ophthalmic clinics
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ambulatory Surgical Centers
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • lcon Inc.
  • Bausch Lomb.
  • BVI
  • NIDEK CO., LTD.
  • Johnson & Johnson Vision Care, Inc.
  • Blink Medical
  • Topcon Corporation
  • Carl Zeiss Meditec AG
  • HOYA Medical Singapore Pte. Ltd

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Vitrectomy Devices Market Size was valued at USD 1.52 Billion in 2024 and is expected to reach USD 2.4 Billion by 2034, growing at a CAGR of 5.2%

The Vitrectomy Devices Market is segmented into Product, Application, End-User, and Region.

Factors driving the market include Increasing age-related eye diseases and technological Advancements.

The Vitrectomy Devices Market's restraints include the High cost of devices and procedures.

The Vitrectomy Devices Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Vitrectomy Devices Market include Alcon Inc., Bausch + Lomb., BVI, NIDEK CO., LTD., Johnson & Johnson Vision Care, Inc., Blink Medical, Topcon Corporation, Carl Zeiss Meditec AG, HOYA Medical Singapore Pte. Ltd.