Ophthalmic Sutures Market to See Strong Expansion Through 2025
Category: #healthcare  By Ronak Bora  Date: 2021-03-24
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Ophthalmic Sutures Market to See Strong Expansion Through 2025

Ophthalmic sutures market in Asia Pacific is projected to observe a robust CAGR of over 6% through 2025. This can be credited to growing product demand driven by increasing prevalence of ophthalmic disorders as well as associated risk conditions such as diabetes and other chronic diseases. Besides, growing geriatric population, and unhealthy lifestyle and eating habits has elevated the number of patients with ophthalmic diseases which is supporting the product adoption further.

As the world is increasingly witnessing the growing prevalence of disorders related to eyes such as myopia, hyperopia, cataract, glaucoma, age-related macular degeneration and diabetic retinopathy, demand for efficient ophthalmic surgical procedures has grown immensely. This is anticipated to transform the outlook of ophthalmic sutures market over the ensuing years.

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Speaking of the increasing prevalence of eye-disorders, a report from WHO has suggested that 51% of blindness across the world occurs due to cataract. On account of this, physicians largely recommend surgical procedures to treat ophthalmic diseases, which is instigating the demand for ophthalmic surgical equipment.

Non-absorbable sutures are made of synthetic as well as natural polymers and feature high tensile strength. Non-absorbable sutures are generally recommended for oculoplastic surgery. Furthermore, non-absorbable sutures remain intact until they are removed. Also they remain unaffected by biologic activities of body tissues. Being highly durable inside human body, non-absorbable sutures are expected to rapidly become the sutures of choice in ophthalmic surgeries over coming years. In 2018, non-absorbable sutures segment held more than 62% revenue share in ophthalmic sutures market.

Technological advancement in ophthalmic sutures is one of the a prominent factors favoring the market growth. Several key industry players are focusing on developing advanced ophthalmic solutions to gain strong market presence. For instance, in 2019, Surgical Specialties Corporation introduced a new business division named Caliber Ophthalmics. This division combines the company’s popular Sharpoint™ brand, with two of its recent ophthalmic acquisitions, namely VPM Surgical, Inc. and Unique Technologies, Inc.

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Partial Chapter of the Table of Content

Chapter 4.Ophthalmic Sutures Market, By Type

4.1. Key segment trends

4.2. Natural

4.2.1.Market size, by region, 2014-2025 (USD Million)

4.3. Synthetic

4.3.1.Market size, by region, 2014-2025 (USD Million)

Chapter 5.Ophthalmic Sutures Market, By Absorption

5.1. Key segment trends

5.2. Absorbable

5.2.1.Market size, by region, 2014-2025 (USD Million)

5.3. Non-absorbable

5.3.1.Market size, by region, 2014-2025 (USD Million)

Chapter 6.Ophthalmic Sutures Market, By Application

6.1. Key segment trends

6.2. Corneal Transplantation Surgery

6.2.1.Market size, by region, 2014-2025 (USD Million)

6.3. Cataract Surgery

6.3.1.Market size, by region, 2014-2025 (USD Million)

6.4. Vitrectomy

6.4.1.Market size, by region, 2014-2025 (USD Million)

6.5. Iridectomy

6.5.1.Market size, by region, 2014-2025 (USD Million)

6.6. Oculoplastic Surgery

6.6.1.Market size, by region, 2014-2025 (USD Million)

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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