Cataracts Market Aims to Capture Outstanding Growth of USD 7.49 Billion Valuation by 2029

The Cataracts market research report offers a comprehensive analysis of the market’s structure, providing estimations for various market segments and sub-segments. Serving as a valuable resource for the healthcare industry, this report defines the market, classifies its segments, outlines its applications, engagements, and tracks market trends. Additionally, it identifies and evaluates emerging trends, significant drivers, challenges, and opportunities within the market. This Cataracts market research report also offers valuable insights into strategic actions such as mergers, expansions, acquisitions, partnerships, and investments, providing a competitive edge by offering a deep understanding of industry developments ahead of competitors.

Through meticulous efforts and integrated approaches, this report delivers an exceptional market research resource that informs the decision-making processes of businesses. It covers key aspects including market definition, currency and pricing, market segmentation, an overview of the market, premium insights, key findings, and profiles of key market players. The report meticulously analyzes the profiles of key market competitors, considering factors like company snapshot, geographical presence, product portfolio, and recent developments. For businesses seeking a competitive advantage in a rapidly evolving marketplace, choosing this Cataracts market research report is highly recommended, as it offers numerous benefits for achieving success.

Data Bridge Market Research analyses a growth rate in the global cataracts market in the forecast period 2022-2029. The expected CAGR of global cataracts market is tend to be around 6.0% in the mentioned forecast period. The market was valued at USD 4.7 billion in 2021, and it would grow upto USD 7.49 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The global cataracts market is expected to witness significant growth during the forecast period. Rising prevalence of eye related disorders worldwide and emerging markets are the factors responsible for the growth of this market. Growing cases of eye surgeries drives the cataracts market. The market for cataract is also expected to gain from awareness programs such as VISION 2020, launched by the WHO and the International Agency for the Prevention of Blindness. COVID-19 also had a major impact on the market growth.

Key Growth Drivers:

• Increase in Elderly Population

The global cataract market is expected to witness a heavy growth rate in the forecast period driven by the factor of an aging population. The increasing demand in the global cataract market is a replication of growing elderly population, as people aged over 60 years frequently develop conditions in which eyes have reduced elasticity and in turn it affects the normal functioning. This boost the market growth.

• Rising Drug Approvals and Clinical Research

Increased approvals from FDA and more clinical research associated with cataracts are boosting the market growth. For instance, EyePoint Pharmaceuticals received the FDA approval  for Dexycu intraocular suspension in February 2018. This suspension is given as a single dose at the end of cataract surgery for the management of postoperative inflammation. The approval will help people across the world who are severe experiencing complications after cataract surgery. This boosts the market growth

The report outlines the involvement of key players, including:

• Aerie Pharmaceuticals, Inc. (U.S.)
• Allergan (Ireland)
• Bausch Health Companies Inc (Canada)
• Merck & Co. Inc. (U.S.)
• Pfizer Inc. (U.S.)
• Teva Pharmaceutical Industries Ltd. (Israel)
• Alcon (Switzerland)
• Astellas Pharma Inc. (Japan)
• Bayer AG (Germany)
• Novartis AG (Switzerland)
• AstraZeneca (U.K.)
• Amgen Inc. (U.S.)
• Carl Zeiss Meditec AG (Germany)
• HumanOptics Holding AG (Germany)
• STAAR SURGICAL (U.S.)

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Key Market Segmentation

Type

• Nuclear Cataract
• Cortical Cataract
• Posterior Subcapsular Cataract
• Congenital Cataracts
• Others

Diagnosis

• Visual Acuity Test
• Slit-Lamp Examination
• Retinal Exam
• Others

Treatment

• Surgery

End User

• Hospitals
• Homecare
• Specialty Clinics
• Others

Distribution Channel

• Hospital Pharmacy
• Online Pharmacy
• Retail Pharmacy

The Cataracts market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

1. North America: United States, Canada, and Mexico.
2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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