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Ophthalmic Sutures Market size was valued at over USD 791 million in 2022. Driven by the surging incidence of diabetes leading to ophthalmic disorders, the market is slated to register over 6.5% CAGR from 2023 to 2032.
Increasing prevalence of diabetes is further leading to more cases of ophthalmic diseases across the globe. This is further raising the case load of diabetic eye diseases, such as diabetic retinopathy and diabetic macular edema, which causes blindness or poor vision, elevating the demand for ophthalmic sutures.
More than 240 national diabetes associations from over 168 nations have appointed a team of professionals to effectively manage diabetic macular edema cases. Meanwhile, National Center for Biotechnology Information, estimates suggest that over 191 million are expected to suffer from diabetic retinopathy by 2030.
Report Attribute | Details |
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Base Year: | 2022 |
Ophthalmic Sutures Market Size in 2022: | USD 791 million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6.5% |
2032 Value Projection: | USD 1.6 million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 423 |
Segments covered: | Type, Materials, Coating, Material Structure, Absorption, Application, End-use, and Region. |
Growth Drivers: |
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Pitfalls & Challenges: |
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Postoperative complications associated with ophthalmic procedures may negatively impact the ophthalmic sutures market scenario. Risks related to eye-surgeries are greatly elevated due to factors such as lack of essential expertise and proper training for surgeons. The potential complications of eye surgeries include inflammation inside the eye, bleeding, retinal detachment, and infection among others. As per the American Academy of Ophthalmology, immediate eye-surgery-related complications include discomfort and swelling of the eyelid, increased intraocular pressure, and allergic reaction to the antibiotic drop among others.