Global Ophthalmic Knives market is projected to grow significantly in the next seven years. Ophthalmic knives are majorly used in treating disorders such as glaucoma and cataract. Growing incidence of age associated ophthalmic conditions is expected to drive the market during the forecast period.
Elderly population is mostly affected with disorders such as dry eye, diabetic retinopathy, cataract, and age-related macular degeneration (AMD). Corneal transplant is one of the major procedure performed during therapy of these diseases.
Technological advancements in manufacturing procedures and introduction of innovative designs of ophthalmic knives are some of factors expected to fuel the marker growth. Over the last decade, innovations in the surgical instruments and modernizations in surgical techniques have improved the ophthalmic surgeries to a great extent. Introduction of specialized knives for pediatric patients is anticipated to fuel the number of ophthalmic surgeries.
Based on designs, straight knives segment is anticipated to register significant growth. These knives hold quality sharpness and can be easily maneuvered. Slit knives are expected to gain adoption as they provide advantages such as light weight, easy handling, and blunt tips for precise finishing.
Disposable ophthalmic knives segment is expected to hold substantial share of the market in the next seven years due to high demand in clinics and hospital. These knives are safer and affordable as compared to the
Regionally, ophthalmic knives market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to register significant growth in future due to supportive reimbursement policies in Canada and U.S. Europe is also expected to dominate the market owing to growing preference for diamond knives in the developed regions. The key players profiled in the market comprise Alcon, Inc., Hoya Corporation, Essilor, Topcon Corporation, Hai Laboratories,Inc., Bausch and Lomb Incorporated, MANI Icn., Seiko Optical Products Co., Ltd., Nidek Co., Ltd., Ziemer Group, Alltion, and DGH Technology.
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