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Global Microkeratome Market Size, Trends & Growth Opportunity, By Product (Disposable, and Reusable), By Technology (Fully Invasive, and Minimally Invasive), By Treatment (Epiretinal Membrane, Diabetic Retinopathy, Retinal Detachment, and Others), By Region and Forecast till 2027.


Report ID : IR100658 | Industries : Healthcare | Published On :May 2024 | Page Count : 243

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  • Global Microkeratome Market Size, Trends & Growth Opportunity, By Product (Disposable, and Reusable), By Technology (Fully Invasive, and Minimally Invasive), By Treatment (Epiretinal Membrane, Diabetic Retinopathy, Retinal Detachment, and Others), By Region and Forecast till 2027
    Global Microkeratome Market 
    Global Microkeratome Market was valued at USD 878.90 million in 2022 and is slated to reach at USD 1340.26 million by 2027 at a CAGR of 9.2% from 2022-2027.

    Microkeratome is a type of high precision surgical instrument which comprises an oscillating blade intended to create the corneal flap for surgeries associated with refractive errors. These devices are used in LASIK or ALK surgeries. Healthy human cornea varies in between 500 & 600m in LASIK technique, the microkeratome produces a thick flap of around 83200 m.
    Market Drivers
    Rise in number of visual impairment cases in emerging economies is key driving factor which is expected to boost the global microkeratome market growth. For instance, according to WHO (World Health Organization) more than 80% of total ophthalmic diseases in African country of Rwanda was refractive errors represented around 5.3% of the total population in 2018. Furthermore, increase in approval and launch of effective surgical products and advanced technologies will positively contribute the market growth.  Moreover, increase in mergers and acquisitions by key competitors will drive the market growth. For instance, in February 2018, Abbott Medical Optics had acquired by Johnson and Johnson which includes ophthalmic products in areas of patient care including cataract surgery and consumer eye health laser refractive surgery.
    Market Restraints
    However, high cost of these devices is major challenging factor which are expected to hinder the global microkeratome market growth. Also, lack of skilled professionals and increase in adoption of LASIK technologies such as femtosecond laser will affect the market growth.
    Impact of COVID-19
    Impact of COVID-The COVID-19 outbreak has significantly disrupted the economy and society. Numerous organisations' supply chains and value chains have been impacted by the pandemic. The market for microkeratomes is typical. On the basis of the entire industry, taking into account both the demand side and supply side viewpoints, the impact of the COVID-19 pandemic will be examined. The pandemic's consequences would be researched and examined for both short- and long-term situations.


    Recent development
    STAAR Surgical and Smile Eye Group, a German and Austrian facility specialising in vision repair, formed a strategic cooperative agreement in February 2019. According to the agreement, the business promoted the EVO Visian ICL series of lenses as the primary refractive technique for myopia patients. As a result of this partnership, more eye care specialists are using the product, increasing the company's income.
    The iDESIGN refractive studio, the next generation of tailored LASIK surgery, was introduced in September 2018 by Johnson & Johnson Services, Inc. The newly developed tool enabled medical professionals to properly perform LASIK surgery with accurate measuring of the eye's inside. This product introduction increased the company's current refractive surgical product range and helped it establish itself as one of the most technologically advanced businesses.

    Market Segmentation
    Global Microkeratome Market is segmented into product such as Disposable, and Reusable, by Technology such as Fully Invasive, and Minimally Invasive. Further, market is segmented into treatment such as Epiretinal Membrane, Diabetic Retinopathy, Retinal Detachment, and Others.
    Also, Global Microkeratome Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
    Market Key Players
    Various key players are discussed in this report such as Alcon, Inc., Carl Zeiss AG, Hoya Corporation, CooperVision, Bausch & Lomb Incorporated, Johnson & Johnson Vision Care, Essilor International, Marvel Medtech, STAAR Surgical Company, and Abbott Medical Optics Inc.
    Market Taxonomy
    By Product
    • Disposable
    • Reusable
    By Technology
    • Fully Invasive
    • Minimally Invasive
    By Treatment
    • Epiretinal Membrane
    • Diabetic Retinopathy
    • Retinal Detachment
    • Others
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Microkeratome Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?
    • What are the strategies adopted by key players?

    Microkeratome Market , Microkeratome  Industry, Microkeratome  Market Size, Microkeratome   Market Share, Microkeratome  Market Trend, Microkeratome   Market Growth


     

    Global Microkeratome Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Microkeratome Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5  Global Microkeratome Market, By Product
    5.1 Y-o-Y Growth Comparison, By Product 
    5.2 Global Microkeratome Market Share Analysis, By Product 
    5.3 Global Microkeratome Market Size and Forecast, By Product
    5.3.1 Disposable
    5.3.2. Reusable
    6  Global Microkeratome Market , By Technology
    6.1 Y-o-Y Growth Comparison, By Technology
    6.2 Global Microkeratome Market Share Analysis, By Technology
    6.3 Global Microkeratome Market Size and Forecast, By Technology
    6.3.1 Fully Invasive
    6.3.2 Minimally Invasive
    7  Global Microkeratome Market, Treatment
    7.1 Y-o-Y Growth Comparison, Treatment
    7.2 Global Microkeratome Market Share Analysis, Treatment
    7.3 Global Microkeratome Market Size and Forecast, Treatment
    7.3. 1Epiretinal Membrane
    7.3.2 Diabetic Retinopathy
    7.3.3. Retinal Detachment
    7.3.4. Others
    8Global Microkeratome Market, By Region
    8.1 Global Microkeratome Market Share Analysis, By Region
    8.2 Global Microkeratome Market Share Analysis, By Region
    8.3 Global Microkeratome Market Size and Forecast, By Region
    9 North America Microkeratome Market Analysis and Forecast (2022 – 2027)
    9.1 Introduction
    9.2 North America Microkeratome Market Share Analysis, By Product
    9.3 North America Microkeratome Market Size and Forecast, By Technology
    9.4 North America Microkeratome Market Size and Forecast, Treatment
    9.5 North America Microkeratome Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10EuropeMicrokeratome Market Analysis and Forecast (2022 – 2027)
    10.1 Introduction
    10.2 Europe Microkeratome Market Share Analysis, By Product 
    10.3 Europe Microkeratome Market Size and Forecast, By Technology 
    10.4 Europe Microkeratome Market Size and Forecast, Treatment
    10.5 Europe Microkeratome Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.54. Rest of Europe
    11Asia Pacific Microkeratome Market Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 Asia Pacific Microkeratome Market Share Analysis, By Product 
    11.3 Asia Pacific Microkeratome Market Size and Forecast, By Technology 
    11.4 Asia Pacific Microkeratome Market Size and Forecast, Treatment
    11.5 Asia Pacific Microkeratome Market Size and Forecast, By Country
    11.5.1 China 
    11.5.2 Japan
    11.5.3 India
    11.5.4. Rest of Asia Pacific
    12Latin America Microkeratome Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Latin America Microkeratome Market Share Analysis, By Product 
    12.3 Latin America Microkeratome Market Size and Forecast, By Technology 
    12.4 Latin America Microkeratome Market Size and Forecast, Treatment
    12.5 Latin America Microkeratome Market Size and Forecast, Country
    13Middle East Microkeratome Market Analysis and Forecast (2022 – 2027)
    13.1 Introduction
     13.2 Middle East Microkeratome Market Share Analysis, By Product 
    13.3 Middle East Microkeratome Market Size and Forecast, By Technology 
    13.4 Middle East Microkeratome Market Size and Forecast, Treatment
    13.5 Middle East Microkeratome Market Size and Forecast, By Country
    14Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15Company Profiles
    15.1 Alcon, Inc
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Carl Zeiss AG
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Hoya Corporation
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 CooperVision
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Bausch & Lomb Incorporated
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Johnson & Johnson Vision Care
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Essilor International
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies 
    15.8 Marvel Medtech
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies 
    15.9 STAAR Surgical Company
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Abbott Medical Optics Inc
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies