Retinal surgery devices market outlook report 2025-2033: revenues set to double, reaching $4.83 billion by 2033, led by topcon corp., alcon, and carl zeiss
Dublin, march 24, 2025 (globe newswire) -- the "retinal surgery devices market size and share analysis - growth trends and forecast report 2025-2033" has been added to researchandmarkets.com's offering. the retinal surgery devices market is expected to reach us$ 4.84 billion in 2033 from us$ 2.48 billion in 2024, with a cagr of 7.71% from 2025 to 2033. some of the main reasons propelling the market include the rising prevalence of a number of eye ailments, increased awareness of eye issues and available treatments, and the expanding use of minimally invasive (mi) surgical technology. rising prevalence of retinal diseases the market for retinal surgery instruments is mostly driven by the increasing incidence of retinal disorders. age-related macular degeneration (amd), diabetic retinopathy, and retinal detachment are among the conditions that are growing increasingly prevalent, especially as the world's population ages and the prevalence of diabetes rises. the need for sophisticated retinal surgery equipment, including lasers, vitrectomy tools, and surgical microscopes, is increasing since these conditions frequently call for surgical intervention. the demand for specialist surgical instruments is boosted by more surgeries performed as a result of early diagnosis and greater awareness of these disorders. market growth and innovation in the industry are still being propelled by this trend. around 2.2 billion people worldwide suffer from near or distant vision impairment, of which nearly 1 billion cases may have been avoided, according to a who report published in october 2021. it demonstrates the high prevalence of visual impairment patients globally as well as the potential for therapy. because of this, the demand for ophthalmic medications is quite high, which will favorably affect the market's growth over the study's projected period. increasing geriatric population one major factor propelling the market for retinal surgery instruments is the aging population. people are more vulnerable to age-related retinal disorders include diabetic retinopathy, macular degeneration, and retinal detachment as they get older. by 2050, there will be about 2 billion people worldwide who are 60 years of age or older, up from 900 million in 2015, according to figures from the world health organization (who) in 2021. approximately 125 million people are 80 years of age or older at the moment.
ALC Ratings Summary
ALC Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission