Vitrectomy Machines Market: By Product Type, By Application, By End User, and Geography

Vitrectomy Machines Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Vitrectomy Machines, Vitrectomy Packs, Microscopic Illumination Equipment, Surgical Instruments, and Others), By Application (Retinal Detachment, Diabetic Retinopathy, Trauma, Macular Surgery, Pediatric Retinal Disorders, and Others), By End User (Hospitals, Eye Clinics, and Others), and Region

Vitrectomy Machines Market was valued at US$ 452.7 million in 2023 and is expected to grow at 5.1% CAGR from 2024 to 2030 owing to a high incidence rate of retinal detachment among the elderly population posing a lifetime risk. Vitrectomy machines are devices commonly employed in vitreoretinal surgery used to treat problems of the eye’s retina and vitreous such as retinal detachments, vitreous hemorrhage, endophthalmitis, and macular holes in a controlled, closed system. According to the Wenzhou Statistical report, the incidence of retinal detachment was 7.79 cases per 100,000 population. The increased number of trauma cases related to retinal tear and diabetic retinopathy are expected to drive the vitrectomy machines market. According to WHO, the prevalence of diabetic retinopathy among diabetic patients is estimated to be 27.0%, which leads to 0.4 million blindness in the world leading to the growth of the market.

Moreover, the technological advancement in visualization systems including operating microscopes, 3D heads-up display systems, and viewing systems such as endoscopic vitrectomy with higher cut rates are providing several opportunities for the development of the market. For instance, in 2019, the HYPERVIT two-blade vitrectomy probe was introduced by Alcon, a major leader in the eye care industry.  The discovery of new innovative surgical procedures and the association of these procedures with deep learning algorithms are also expected to contribute to the growth in the global market over the forecast period.

Furthermore, the market is expanding as a result of increased government attention on providing improved healthcare facilities and adequate patient care, expansion potential for vitrectomy machines, and rising use of diagnostic vitrectomy devices. For instance, the Indian government launched a National Programme for the Control of Blindness and Visual Impairment (NPCBVI) with an aim to reduce the prevalence of blindness from 1.4% to 0.3 %. But the risk associated with vitrectomy and the increased chances of patients undergoing vitrectomy developing cataracts in a few years is restraining the growth of the market. Moreover, the higher cost of surgeries and instrumentation is also hampering the growth of the market. However, the presence of reputable research institutions engaged in product development, the rising prevalence of diabetic retinopathy and vitreous hemorrhage, increased healthcare spending per capita, and advanced diagnostic technologies all support expansion of the market over the forecast years.

Vitrectomy Machines Market Key Developments:
  • In May 2021, MedOne Surgical announced the FDA 510(k) clearance of its MicroDose Injector device for low Hoya Surgical Optics acquired Fritz Ruck and MID Labs. This acquisition allowed Hoya to leverage MID Lab’s vitrectomy cutters, machines, and other vitreoretinal surgical products -volume ophthalmic injections into the subretinal space.
  • In January 2019, Hoya Surgical Optics acquired Fritz Ruck and MID Labs. This acquisition allowed Hoya to leverage MID Lab’s vitrectomy cutters, machines, and other vitreoretinal surgical products.

Vitrectomy Machines Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.1%

Largest Market

North America

Fastest Growing Market

North America

Vitrectomy Machines Market Dynamics

Increase in the prevalence of eyes diseases and rise in the geriatric population are majorly driving the growth of the vitrectomy machines market. The advancements in the technology is also playing a significant role in the growth of the market. The growing awareness among the patient population is enabling to adopt the new surgical procedures which is enhancing the vitrectomy machines market. However, the high cost of the surgical process, lack of government support to the non-profitable organizations and poor healthcare policies in developing countries may hinder the growth of the vitrectomy machines market.

Vitrectomy Machines Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 452.7 million

Market CAGR

5.1%

By Product Type

  • Vitrectomy Machines
  • Vitrectomy Packs
  • Microscopic Illumination Equipment
  • Surgical Instruments
  • Others

By Application

  • Retinal Detachment
  • Diabetic Retinopathy
  • Trauma
  • Macular Surgery
  • Pediatric Retinal Disorders
  • Others

By End-User

  • Hospitals
  • Eye Clinics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Key Features of the Report

  • The vitrectomy machines market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The vitrectomy machines market size was valued at US$ 452.7 million in 2023

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The vitrectomy machines market key players are IRIDEX Corporation (U.S), Synergetics, Inc. (U.S), Bausch & Lomb (U.S), Optos PLC (UK), Topcon Corporation (Japan), Leica Microsystems GmbH (Germany)

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary
2.Global Vitrectomy Machines Market Introduction 
2.1.Global Vitrectomy Machines Market  - Taxonomy
2.2.Global Vitrectomy Machines Market  - Definitions
2.2.1. By Product Type 
2.2.2. By Application
2.2.3. By End Users
2.2.4. By Region
3.Global Vitrectomy Machines Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Vitrectomy Machines Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Vitrectomy Machines Market  By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Vitrectomy Machines
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Vitrectomy Packs
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Microscopic Illumination Equipment
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Surgical Instruments
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
6.Global Vitrectomy Machines Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Retinal Detachment
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Diabetic Retinopathy
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Trauma
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Macular Surgery
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Pediatric Retinal Disorders
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Vitrectomy Machines Market  By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Eye Clinics
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Others
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8.Global Vitrectomy Machines Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Vitrectomy Machines Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Vitrectomy Machines
9.1.2.Vitrectomy Packs
9.1.3.Microscopic Illumination Equipment
9.1.4.Surgical Instruments
9.1.5.Others
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Retinal Detachment
9.2.2.Diabetic Retinopathy
9.2.3.Trauma
9.2.4.Macular Surgery
9.2.5.Pediatric Retinal Disorders
9.2.6.Others
9.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Eye Clinics
9.3.3.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Vitrectomy Machines Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Vitrectomy Machines
10.1.2.Vitrectomy Packs
10.1.3.Microscopic Illumination Equipment
10.1.4.Surgical Instruments
10.1.5.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Retinal Detachment
10.2.2.Diabetic Retinopathy
10.2.3.Trauma
10.2.4.Macular Surgery
10.2.5.Pediatric Retinal Disorders
10.2.6.Others
10.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Eye Clinics
10.3.3.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Vitrectomy Machines Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Vitrectomy Machines
11.1.2.Vitrectomy Packs
11.1.3.Microscopic Illumination Equipment
11.1.4.Surgical Instruments
11.1.5.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Retinal Detachment
11.2.2.Diabetic Retinopathy
11.2.3.Trauma
11.2.4.Macular Surgery
11.2.5.Pediatric Retinal Disorders
11.2.6.Others
11.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Eye Clinics
11.3.3.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Vitrectomy Machines Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Vitrectomy Machines
12.1.2.Vitrectomy Packs
12.1.3.Microscopic Illumination Equipment
12.1.4.Surgical Instruments
12.1.5.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Retinal Detachment
12.2.2.Diabetic Retinopathy
12.2.3.Trauma
12.2.4.Macular Surgery
12.2.5.Pediatric Retinal Disorders
12.2.6.Others
12.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Eye Clinics
12.3.3.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Vitrectomy Machines Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Vitrectomy Machines
13.1.2.Vitrectomy Packs
13.1.3.Microscopic Illumination Equipment
13.1.4.Surgical Instruments
13.1.5.Others
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Retinal Detachment
13.2.2.Diabetic Retinopathy
13.2.3.Trauma
13.2.4.Macular Surgery
13.2.5.Pediatric Retinal Disorders
13.2.6.Others
13.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Eye Clinics
13.3.3.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.IRIDEX Corporation (U.S)
14.2.2.Synergetics, Inc. (U.S)
14.2.3.Bausch & Lomb (U.S)
14.2.4.Optos PLC (UK)
14.2.5.Topcon Corporation (Japan)
14.2.6.Leica Microsystems GmbH (Germany)
14.2.7.Carl Zeiss Meditec AG (Germany)
14.2.8.Alcon, Inc. (U.S)
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • IRIDEX Corporation (U.S)
  • Synergetics, Inc. (U.S)
  • Bausch & Lomb (U.S)
  • Optos PLC (UK)
  • Topcon Corporation (Japan)
  • Leica Microsystems GmbH (Germany)
  • Carl Zeiss Meditec AG (Germany)
  • Alcon, Inc. (U.S)

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