Retinal Detachment Treatment Market Size from 2020 to 2027

Posted by Yashi on February 25th, 2022

Retinal Detachment Treatment Market Overview

The term retinal detachment refers to a condition when the retina gets separates from the supporting layers. Such detachments are due to hole, retinal tear or break. This condition may lead to partial or even total blindness, subjected to the extent of detachment. It is severe condition which must be diagnosis at the earliest and treated. Blurred vision, partial vision loss, suddenly seeing many floaters, and others are some symptoms of this condition. It may affect people of any age group, but usually more common in the aging population aged from 60-70.

The global market size for retinal detachment is anticipated to grow at a CAGR of approximately 5.9% over the forecast period from 2017-2023.

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Retinal Detachment Treatment Market Segmentation

The segment assessment for the worldwide retinal detachment treatment market size is done by biomaterial, product type, procedure, device type, end-user, and application.

Retinal Detachment Treatment Market Regional Analysis

The global retinal detachment market is segmented into five major regions including Americas, Europe, Asia Pacific, and Middle East and Africa region.

The Americas regions considered as the largest revenue generation in the global retinal detachment market owing to the factors such as rising investment in R&D as well as clinical trials, pharmaceutical companies implementing aggressive promotional strategies. Moreover factors such as increasing prevalence of various skin diseases is major driving force in the US retinal detachment market.

The European market is the second largest market for retinal detachment. Moreover, every year on an average about 7,300 new cases are seen in UK for retinal detachment. Eastern European countries are also showing significant growth in this market. Patients from different European countries are travelling to Eastern European countries to get comparatively low cost treatments that boosting medical tourism in this region.

Furthermore, Asia Pacific region has emerged as the fastest growing market for retinal detachment owing to the rising healthcare expenditure and increasing awareness in this region. Moreover, the rapidly growing healthcare sector has resulted the key players on focusing for emerging economies as target population which include Asian and South American regions.

The Middle East and Africa region is anticipated to grow at a limited pace due to the slow adoption of new therapies and products, lack of awareness, and traditional healthcare practices. Developed Middle Eastern region is holding largest market share while Africa region is growing steadily.

Retinal Detachment Treatment Market Players

  •          Globus Medical, Inc. (U.S.)
  •          Depuy Synthes Inc. (Johnson & Johnson) (U.S.)
  •          Smith & Nephew plc. (UK)
  •          NuVasive, Inc. (U.S.)
  •          Stryker Corporation (U.S.)
  •          Integra LifeSciences Holdings Corporation (U.S.)
  •          Zimmer Biomet Holdings, Inc. (U.S.)
  •          Medtronic, plc (Ireland)
  •          Wright Medical Group N.V. (Netherlands)
  •          The Orthopedic Implant Company (U.S.)
  •          Aesculap Implant Systems (U.S.)
  •          Conmed Corporation (U.S.)
  •          BioTek Instruments, Inc. (U.S.)
  •          Arthrocare Corporation (U.S.)

among others are some key companies in the global retinal detachment treatment that are listed by MRFR for market research.

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Joined: March 16th, 2021
Articles Posted: 58

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