Ocular Surgery Market Continues To Expand With Johnson & Johnson Vision Care Introducing TECNIS Synergy Toric II, A Continuous-Range-Of-Vision Intraocular Lens (IOL)

Ocular Surgery Market


 Ocular surgery, also called ocular surgery, is usually surgery done on the eye itself or its posterior parts, usually by an ophthalmologist. The eye is such a delicate organ, and needs extreme care prior, during, and immediately after surgery to avoid or minimize further damage to the eyesight. Ocular Surgery is one of those procedures that every doctor must know something about because it affects the vision of patients.

Increasing cases of glaucoma and cataract are expected to drive growth of the global ocular surgery market. According to the BrightFocus Foundation, in 2020, around 80 million people across the globe had glaucoma, which is expected to increase to 111 million by 2040. According to the source, over 3 million people in the U.S. suffer from glaucoma every year. Furthermore, according to Prevent Blindness America, a non-profit organization, cataract affects over 24.4 million people in the U.S. aged 40 years and above, or about one in every six people in this age range. Ocular surgery is typically done to treat a variety of eye conditions such as glaucoma, cataracts, and retinal tears. Hence, such factors are expected to drive growth of the global ocular surgery market. Furthermore, advancements in ocular surgery and new product launches are expected to propel the global ocular surgery market growth in the near future.

However, low awareness regarding the benefits of ocular surgery in emerging economies and the high cost associated with this surgical procedure is expected to hamper the global ocular surgery market growth in the near future. Among regions, North America is expected to witness significant growth in the global ocular surgery market. This is owing to increasing prevalence of eye disorders in the region. According to the Centers for Disease Control and Prevention (CDC), around 12 million people aged 40 years and above in the U.S. suffer from vision impairment every year, of which around 1 million are blind. Moreover, Europe is expected to register a robust growth rate, owing to increasing rate of cataract surgery in the region.

Major companies involved in the global ocular surgery market are Johnson & Johnson Vision Care Inc., Lumenis, Alcon, Dutch Ophthalmic Research Center (International) B.V. (DORC), Carl Zeiss, Topcon Medical Systems, Meditec Medical, Ellex Medical Lasers, and Bausch & Lomb.

For instance, in September 2020, Johnson & Johnson Vision Care launched TECNIS Synergy Toric II, a continuous-range-of-vision Intraocular lens (IOL) with tremendous rotational stability.

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