Report : Middle East and Africa Vitrectomy Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product ( Vitrectomy Accessories, Vitrectomy Machines, Microscopic Illumination Equipment, Surgical Instruments, and Others ), Application ( Diabetic Retinopathy, Retinal Detachment, Epiretinal Membrane, Macular Hole, and Others ), Patient Type ( Adult, Pediatrics, and Geriatric ), Surgery Approach ( Posterior/Pars Plana Vitrectomy, and Anterior Vitrectomy ), End User ( Hospitals, Ophthalmology Clinics, and Ambulatory Surgery Centers (ASCs) ), Distribution channel ( Direct tenders, Third party distributors, and Retail sales)
Vitrectomy Machines Segment has the Largest Share of Product in the Middle East & Africa Vitrectomy Devices Market during 2021–2028
According to our latest study on “Middle East & Africa Vitrectomy Devices Market Forecast to 2028 – COVID-19 Impact and Analysis – by Product, Patient Type, Surgery Approach, Application, End User and Distribution Channel,” the market is projected to reach US$ 97.6 million by 2028 from US$ 66.7 million in 2021; it is expected to grow at a CAGR of 5.6% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the significant rise in the elderly population and significant advancements related to vitreoretinal surgery devices. However, complications associated with vitrectomy is expected to restrict the market growth during the forecast period.
The COVID-19 pandemic has created numerous impacts on health systems, social life, and human behavior worldwide. Market participants and end-users lost their business due to the temporary closure of companies in the region. Moreover, the outbreak has also disrupted the supply chain, put restrictions on trade, and caused a lack of workforce, affecting the business and negatively impacting the market growth. In addition, the market growth was affected due to the reduction in medical setting visits for ophthalmic care to avoid infection. As conjunctivitis has been observed among people suffering from coronavirus hence, to prevent the spread of infection, various ophthalmic surgeries were delayed, and the appointments were postponed except the emergency cases. Furthermore, with the second wave of COVID-19, increasing cases in Latin American countries have impacted the regulatory environment and practices as governments, and healthcare providers face unprecedented challenges. However, the government developed guidelines to provide constant and effective medical care for various procedures, including ophthalmology. Therefore, owing to the above-mentioned factors, the vitrectomy devices market will experience significant growth opportunities in the forecast period.
Based on product, the Middle East & Africa vitrectomy devices market is bifurcated into vitrectomy machines, vitrectomy accessories, microscopic illumination equipment, surgical instruments, and others. In 2021, the vitrectomy machines segment accounted for the largest share, whereas the vitrectomy accessories segment is expected to grow at the highest CAGR during the forecast period.
D.O.R.C Dutch Ophthalmic Research Center (International)B. V, HOYA Corporation, Danaher (Leica Microsystems AG), Carl Zeiss Meditec, Alcon Inc., Bausch Health Companies Inc., and Topcon Corporation are among the leading companies in the Middle East & Africa vitrectomy devices market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for vitrectomy devices market is segmented into product, patient type, surgery approach, application, end user, and distribution channel. Based on product, the Middle East & Africa vitrectomy devices market is segmented into vitrectomy machines, vitrectomy accessories, microscopic illumination equipment, surgical instruments, and others. Based on patient type, the vitrectomy devices market is segmented into adult, pediatrics, and geriatric. Based on surgery approach, the vitrectomy devices market is segmented into posterior/pars plana vitrectomy, and anterior vitrectomy. Based on application, the vitrectomy devices market is segmented into diabetic retinopathy, retinal detachment, epiretinal membrane, macular hole, and others. Based on end user, the vitrectomy devices market is segmented into hospitals, ophthalmology clinics, and ambulatory surgery centers (ASCs). Based on distribution channel, the vitrectomy devices market is segmented into direct tenders, third party distributors, and retail sales. Geographically, the vitrectomy devices market is segmented into Middle East & Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East & Africa).
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