The global ophthalmic knives market size was valued at USD 0.91 Billion in 2023, driven by the easy availability and affordability of ophthalmic knives, and the introduction of automation in manufacturing process. The market is anticipated to grow at a CAGR of 4.80% during the forecast period 2024-2032 to reach a value of USD 1.39 Billion by 2032.
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Historical Year
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The global ophthalmic knives market is being driven by the increasing use of ophthalmic knives in slightly intrusive surgeries for the treatment of diseases like cataract.
The ophthalmic knives market is bifurcated based on product into:
The end-uses of ophthalmic knives include:
Market Breakup by Design:
Market Breakup by Region:
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The global ophthalmic knives market is being driven by the easy availability and affordability of ophthalmic knives, and the introduction of automation in manufacturing process. The industry is being further propelled forward due to the increasing choice for minimally invasive surgeries by patients as it reduces out-of-pocket expenditure, total surgery cost, pre and post-surgical diagnosis and medication, and hospital stay.
The disposable ophthalmic knives segment is anticipated to grow at the fastest rate due to factors like cost effectiveness and minimal cross infection risk. North America is the leading ophthalmic knives market owing to factors like favourable reimbursement scenario and the rising trends of disposable knives. The Asia Pacific is an emerging market for the product due to the growing demand for advanced ophthalmic knives, significant rise in medical tourism in countries like Thailand, India, and Malaysia, and rising number of NGOs providing affordable healthcare services in rural parts of the region.
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The report presents a detailed analysis of the following key players in the global ophthalmic knives market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Design |
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| Breakup by Product Type |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global ophthalmic knives market reached a value of USD 0.91 Billion in 2023.
The market is anticipated to grow at a CAGR of 4.80% during the forecast period of 2024-2032 to reach a value of USD 1.39 Billion by 2032.
Factors like increasing use of the product in slightly intrusive surgeries, easy availability and affordability of ophthalmic knives, and the rising incidents of ophthalmic disorders are expected to aid the market growth.
Increasing use of the product in slightly intrusive surgeries, easy availability and affordability of ophthalmic knives, and the rising incidents of ophthalmic disorders are the key trends which are expected to aid the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
The major products in the market are reusable ophthalmic knives and single-use ophthalmic knives.
The major end-uses of the product are hospitals, clinics, and ambulatory surgery centres.
The major players in the market are Alcon (Novartis), Optiedge, Paramount Surgimed Ltd., Surgistar, Ophtechnics Unlimited, Sidapharm, Diamatrix Ltd., Bausch & Lomb Incorporated, Unique Technologies Inc., and Alcon, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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