Vitrectomy Devices Market (By Product: Vitrectomy machines, Vitrectomy packs, Photocoagulation lasers, Illumination devices; By Application: Diabetic retinopathy, Retinal detachment, Macular hole, Vitreous hemorrhage; By End-use: Hospitals, Ophthalmic clinics, Ambulatory surgical centers)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

The global Vitrectomy Devices market gathered revenue around USD 2.6 billion in 2021 and market is set to grow USD 6.9 billion by the end of 2030 and is estimated to expand at a modest CAGR of 7.9% during the prediction period 2022 to 2030.

Growth Factors:

Vitrectomy helps in clearing out the blood from vitreous humor and in preventing traction retinal detachment. This, in turn, smoothens the process of other ophthalmic surgeries and avoids further detachment of the retina during the same. Additionally, vitrectomy also helps in restoring vision loss caused due to bleeding of the vitreous humor.

The growing prevalence of diabetes is expected to drive the probability of diabetic retinopathy, thus, contributing to market growth. Additionally, the growing demand for vitrectomy due to its associated advantages for providing support to other ophthalmic surgeries is also expected to boost the market growth.

Ophthalmic diseases are seen prevalent in the elderly population. The growing geriatric population is expected to drive the market and the need for vitrectomy devices. As per the National Institute on Aging (NIA), the elderly population is expected to reach 72.0 million people by 2030, which may drive the prevalence of ophthalmic disorders. In addition to this, an increasing number of hospital admissions for retinal surgeries such as vitrectomy is expected to drive market growth. Moreover, hospitals have also installed vitrectomy devices to enhance vitreoretinal surgery procedures.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Vitrectomy Devices market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Vitrectomy Devices market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

Report Coverage

Report Scope Details
Market Size USD  6.9 billion by 2030
Growth Rate CAGR of 7.9% From 2022 to 2030
Base Year 2021
Forecast Period 2022 to 2030
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments Covered Product, application, end use, Region Type
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Alcon Inc.; Bausch & Lomb Incorporated; BVI; NIDEK CO., LTD.; Johnson & Johnson Vision Care, Inc.; Blink Medical; Topcon Corporation; Hoya Surgical Optics; Carl Zeiss Meditec AG 

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Vitrectomy Devices market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Regional Insights:

North America dominated the market and accounted for the largest revenue share of 36.12% in 2021. The growing prevalence of ophthalmic disorders such as diabetic retinopathy, macular hole, retinal detachment, etc. is expected to contribute towards the growth of the market in the region. Additionally, the presence of a large number of market players in the U.S. is also expected to contribute towards the same. These players are obtaining the U.S. FDA clearance for their product, thus, maintaining their position in the North American market. For instance, in July 2016, Medical Instrument Development Laboratories, Inc. received FDA 510 (k) clearance for Bi-Blade Vitrectomy Cutter.

In Asia Pacific, the market is expected to grow at the fastest rate of 6.9% during the forecast period. The presence of a large patient pool in the region seeking ophthalmic care is expected to drive the adoption of vitrectomy devices. Additionally, the growing focus of the government to provide enhanced medical facilities and proper care to the patients may also contribute towards the market growth.

In Europe, the vitrectomy devices market and is expected to grow at a considerable rate. This can be attributed to the high prevalence of eye diseases, growing demand for technologically advanced products, and increase in R&D investments for the development of new products. Carl Zeiss Meditec AG, a Germany-based player in the ophthalmic devices market, is highly focused on R&D to deliver innovative products in the European, as well as the global market. During FY 2016–FY 2017, the company invested USD 164.9 million, 12.4% of its total revenue, in R&D.


Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Some of the prominent players in the Vitrectomy Devices Market include:  Alcon Inc.; Bausch & Lomb Incorporated; BVI; NIDEK CO., LTD.; Johnson & Johnson Vision Care, Inc.; Blink Medical; Topcon Corporation; Hoya Surgical Optics; Carl Zeiss Meditec AG

Segments Covered in the Report

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:

  • By Product
    • Vitrectomy machines
    • Vitrectomy packs
    • Photocoagulation lasers
    • Illumination devices
  • By Application
    • Diabetic retinopathy
    • Retinal detachment
    • Macular hole
    • Vitreous hemorrhage
    • Others
  • By End-use
    • Hospitals
    • Ophthalmic clinics
    • Ambulatory surgical centers

By Geography

North America

  • U.S.
  • Canada


  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Vitrectomy Devices market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Vitrectomy Devices market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Vitrectomy Devices markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

  • CEOs, VPs, market intelligence managers
  • Procuring and national sales managers technical personnel, distributors and resellers
  • Research analysts and key opinion leaders from various domains

Key Points Covered in Vitrectomy Devices Market Study:

  • Growth of Vitrectomy Devices in 2022
  • Market Estimates and Forecasts (2017-2030)
  •  Brand Share and Market Share Analysis
  •  Key Drivers and Restraints Shaping Market Growth
  •  Segment-wise, Country-wise, and Region-wise Analysis
  •  Competition Mapping and Benchmarking
  •  Recommendation on Key Winning Strategies
  •  COVID-19 Impact on Demand for Vitrectomy Devices and How to Navigate
  •  Key Product Innovations and Regulatory Climate
  •  Vitrectomy Devices Consumption Analysis
  •  Vitrectomy Devices Production Analysis
  •  Vitrectomy Devices and Management