Middle East and Africa Vitrectomy Devices Market

Market Introduction

Vitrectomy is a surgical procedure employed to treat various problems with the retina and vitreous and remove the vitreous gel from the eye. It is performed during retinal detachment with vitreous hemorrhage. As a result, this smoothens the procedure and prevents any further detachment of the retina. In addition, it is helpful for various repairs, such as the removal of scar tissue. It helps restore the vision loss caused due to vitreous humor bleeding.

Moreover, the significant advancements related to vitreoretinal surgery devices are expected to bolster the market growth during the forecast period. However, complications associated with vitrectomy limit the growth of the Middle East & Africa vitrectomy devices market.

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.

Market Overview and Dynamics

The Middle East & Africa vitrectomy devices market is expected to reach US$ 97.6 million by 2028 from US$ 66.7 million in 2021. The market is estimated to grow at a CAGR of 5.6% from 2021–2028. The small-gauge cutter and improved illumination systems are two of the most significant developments in this field. Transconjunctival sutureless small-gauge PPV is a safe and successful alternative to conventional 20-gauge PPV for a range of vitreoretinal disorders. Similarly, Chandelier illumination enables greater vitreous visibility during bimanual surgery. The small-gauge PPV has advantages in reduced inflammation, patient discomfort, and faster visual acuity recovery. As a result, significant developments in vitreoretinal surgical instruments are propelling market expansion. There have been considerable advancements in vitrectomy cutters over the past few years, leading to improvement in vitreoretinal surgery devices, which is driving the market significantly.

Key Market Segments

In terms of product, the vitrectomy machines segment accounted for the largest share of the Middle East & Africa vitrectomy devices market in 2020. In terms of patient type, the geriatric segment accounted for the largest share of the Middle East & Africa vitrectomy devices market in 2020. In terms of surgery approach, the posterior/pars plana vitrectomy segment accounted for the largest share of the Middle East & Africa vitrectomy devices market in 2020. In terms of application, the diabetic retinopathy segment accounted for the largest share of the Middle East & Africa vitrectomy devices market in 2020. In terms of end user, the hospitals segment accounted for the largest share of the Middle East & Africa vitrectomy devices market in 2020. In terms of distribution channel, the retail sales segment accounted for the largest share of the Middle East & Africa vitrectomy devices market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the vitrectomy devices market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 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.

Reasons to Buy Report

• To understand the Middle East & Africa vitrectomy devices market landscape and identify market segments that are likely to guarantee a strong return
• To comprehend the ever-changing market landscape and stay ahead in competition
• To efficiently plan merger and acquisition, and partnership deals in the Middle East & Africa vitrectomy devices market by identifying segments with the most promising probable sales
• To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
• To obtain market revenue forecast of the Middle East & Africa vitrectomy devices market based on various segments for the period 2021–2028

MIDDLE EAST & AFRICA VITRECTOMY DEVICES MARKET SEGMENTATION

By Product

• Vitrectomy Machines
• Vitrectomy Accessories
• Microscopic Illumination Equipment
• Surgical Instruments
• Others

By Patient Type

•  Geriatric
• Adult
• Pediatrics

By Surgery Approach

•  Posterior/Pars Plana Vitrectomy
• Anterior Vitrectomy

By Application

•  Diabetic Retinopathy
• Retinal Detachment
• Epiretinal Membrane
• Macular Hole
• Others

By End User

•  Hospitals
• Ophthalmology Clinics
• Ambulatory Surgery Centers (ASCs)

By Distribution Channel

• Retail Sales
• Direct Tenders
• Third Party Distributors Retinal

By Country

• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Companies Mentioned

• 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.        
• Topcon Corporation       

Middle East and Africa Vitrectomy Devices Strategic Insights

Strategic insights for the Middle East and Africa Vitrectomy Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Vitrectomy Devices Report Scope

Middle East and Africa Vitrectomy Devices Regional Insights

The geographic scope of the Middle East and Africa Vitrectomy Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.