The Worldwide Ocular Adhesives & Sealants Industry is Expected to Reach $376.7 Million by 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 8, 2022--
The "Ocular Adhesives & Sealants Market Research Report by Product, Application, End User, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Ocular Adhesives & Sealants Market size was estimated at USD 211.22 million in 2021, USD 232.07 million in 2022, and is projected to grow at a CAGR of 10.12% to reach USD 376.76 million by 2027.
Market Segmentation & Coverage:
This research report categorizes the Ocular Adhesives & Sealants to forecast the revenues and analyze the trends in each of the following sub-markets:
- Based on Product, the market was studied across Natural and Synthetic.
- Based on Application, the market was studied across Conjunctival Surgery, Corneal Surgery, Refractive Surgery, Tissue Engineering, and Vitreo-retinal Surgery.
- Based on End User, the market was studied across Ambulatory Surgical Centers, Hospitals, and Ophthalmic Clinics.
- Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Ocular Adhesives & Sealants Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Ocular Adhesives & Sealants Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Ocular Adhesives & Sealants Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Ocular Adhesives & Sealants Market?
4. What is the competitive strategic window for opportunities in the Global Ocular Adhesives & Sealants Market?
5. What are the technology trends and regulatory frameworks in the Global Ocular Adhesives & Sealants Market?
6. What is the market share of the leading vendors in the Global Ocular Adhesives & Sealants Market?
7. What modes and strategic moves are considered suitable for entering the Global Ocular Adhesives & Sealants Market?
Market Dynamics
Drivers
- Rapid adoption of ophthalmic surgical procedures
- Significant issues associated with traditional sutures surgeries
- Growing prevalence of ocular disorders with rising consumer expenditures on ocular surgeries
Restraints
- High costs of product development
Opportunities
- Governmental initiatives and investments for cataract surgeries
- Rapid advancements in ocular adhesives & sealants
Challenges
- Risks of transmitted diseases
Companies Mentioned
- 3M Company
- B. Braun Melsungen AG
- Baxter International, Inc.
- BVI Holdings Limited
- Connexicon Medical Limited
- CSL Behring LLC
- Johnson & Johnson Services, Inc.
- Medline International B.V.
- Medtronic PLC
- Ocular Therapeutix, Inc.
- Reliance Life Sciences
- Stryker Corporation
For more information about this report visit https://www.researchandmarkets.com/r/4lh3cj
View source version on businesswire.com:https://www.businesswire.com/news/home/20221108005781/en/
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KEYWORD:
INDUSTRY KEYWORD: OPTICAL HEALTH MEDICAL SUPPLIES
SOURCE: Research and Markets
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