High Prevalence of Eye Diseases and Approval and Launch of New Products to Augment Growth of Pediatric Vitrectomy Market
High prevalence of eye diseases such as endophthalmitis, retinal detachments, and vitreous hemorrhage is expected to propel growth of the pediatric vitrectomy market. For instance, according to the study, ‘Increasing frequency of hospital admissions for retinal detachment and vitreo-retinal surgery in England 2000-2018’, published in November 2020, episodes of “retinal detachments with breaks” increased year on year from 3,447 in 2000 to 10,971 in 2018, whereas records of “tractional retinal detachment” increased from 290 to 910 in the same period. However, low presence of ophthalmologists in emerging economies is expected hinder growth of the pediatric vitrectomy market . For instance, according to the study, “Estimated number of ophthalmologists worldwide (International Council of Ophthalmology update): will we meet the needs?” published in March 2020, in 2015, the ratio of ophthalmologists per million population for low-income countries was 3.7 compared to 76.2 for high-inco...