Vitreoretinal Surgery Devices Market Report 2025 (Global Edition)

Global Vitreoretinal Surgery Devices Market Report 2025 Market Size Split by Product (Perfluorocarbon Liquids, Endoillumination Instrument, Vitreoretinal Prefilled Silicone Oil Syringes, Vitrectomy Sy...

Vitreoretinal Surgery Devices Market Report Description

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How 2025 Tariffs Are Reshaping the Consumer Goods Industry

In 2025, the global trade landscape has shifted dramatically following the U.S. introduction of sweeping tariffs under President Donald Trump’s administration. These "Liberation Day Tariffs," launched in April, aim to reduce trade deficits and boost domestic manufacturing. Tariffs range from 10% on imports from countries like the UK and Australia to 46% on Vietnamese goods, with a blanket 34% tariff on many Chinese imports and 25% on all steel, aluminum, and auto parts. This policy heavily impacts the consumer goods sector apparel, appliances, packaged foods, and personal care products due to their deep reliance on global supply chains, especially in Asia. U.S.–China trade tensions have intensified, with reciprocal tariffs reaching up to 145% on U.S. goods and 125% on Chinese exports, while China’s trade surplus with the U.S. hit USD 102.6 billion in March 2025. In response, the EU and Canada have implemented retaliatory measures, signaling a broader shift toward protectionism.

The consumer goods industry is feeling immediate effects: production costs are rising, sourcing is delayed, and inflation pressures are mounting. Apparel and footwear now face 25% tariffs, prompting brands to seek nearshoring options or raise prices. Household appliances incur 20% tariffs, complicating inventory and procurement strategies. Packaged foods and beverages are hit with 10–15% tariffs, impacting contracts and leading to supplier diversification and product reformulation. Personal care firms face higher costs for imported ingredients and packaging, leading to local sourcing efforts and delays in new product launches. Meanwhile, electronics, though temporarily exempt, are preparing for possible disruptions by diversifying suppliers and increasing inventories.

China remains the backbone of U.S. consumer goods sourcing, accounting for a large portion of imports either directly or through upstream components. This makes tariffs on Chinese goods especially disruptive. The rising input costs 15–30% in many categories combined with seasonal pressures and tight timelines, are causing delays and increased costs. Smaller brands, in particular, are struggling due to limited capital and reduced supplier leverage. Many are being forced to increase prices, cut product variety, or compromise on quality.

Market research is now critical to navigating this volatile environment. It supports supplier mapping and risk assessment, helping brands identify alternative sourcing countries with stable regulations and quality control. It also aids in cost and margin analysis, guiding decisions on pricing and sourcing changes. Optimization of product design and materials through research allows companies to reduce costs while maintaining consumer expectations. Additionally, research helps assess consumer price sensitivity, enabling strategic repositioning. Tracking regulatory changes and running scenario planning models allow firms to anticipate and adapt to future trade shifts.

To cope, companies are restructuring their global sourcing models. Major brands like Nike and IKEA are expanding operations in Vietnam, India, and Mexico, while embracing “in-market for market” strategies to reduce exposure to tariffs and logistics risks. Many are adopting AI-driven demand forecasting and automated procurement, and pushing suppliers for transparency. Product redesign and SKU rationalization are also common. The most successful firms are those using data-driven insights, operational flexibility, and strategic supplier partnerships to adapt not just survive in this new era of global trade.

Vitreoretinal Surgery Devices Market Insights Video

Competitive Landscape of the Vitreoretinal Surgery Devices Market

The Vitreoretinal Surgery Devices Market is characterized by a competitive landscape with several key players vying for market share through technological innovation, strategic partnerships, and geographical expansion. Major companies such as Alcon, Bausch + Lomb, and Carl Zeiss Meditec dominate the market, leveraging their extensive research and development capabilities to offer cutting-edge devices that enhance surgical precision and patient outcomes.

May 2022: D.O.R.C. Dutch Ophthalmic Research Center (International) received 510(k) premarket approval from the United States Food and Drug Administration (FDA) for their EVA NEXUS Ophthalmic Surgical System. It is indicated for vitreoretinal ophthalmic surgery, including subretinal microinjection of gases or aqueous fluids. (Source: https://www.accessdata.fda.gov/cdrh_docs/pdf21/K213467.pdf) March 2022 : Carl Zeiss MeditecAG received 510(k) premarket approval from the United States Food and Drug Administration (FDA) for their QUATERA 700 device, which is indicated for the emulsification and removal of cataracts and anterior segment vitrectomy. Such development is expected to drive the market's growth over the forecast period. (Source: https://www.zeiss.com/meditec-ag/en/media-news/press-releases/2022/fda-clearance-zeiss-quatera-700.html)

Top Companies Market Share in Vitreoretinal Surgery Devices Industry: (In no particular order of Rank)

• Bausch & Lomb Incorporated
• Novartis AG (Alcon)
• Inami & Co. Ltd.
• Dutch Ophthalmic Research Center (International) B
• Paragon Care Group Pty Ltd
• Oculus Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Vitreoretinal Surgery Devices Market

Which Region Dominates the Vitreoretinal Surgery Devices Market in 2024?

According to Cognitive Market Research, North America dominates the Vitreoretinal Surgery Devices Market due to its advanced healthcare infrastructure, high healthcare spending, and substantial research and development investments. The region benefits from a well-established network of ophthalmology centers, skilled professionals, and innovative medical technology companies. The presence of leading market players and frequent introduction of advanced vitreoretinal devices further drive growth.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific is the fastest-growing region in the Vitreoretinal Surgery Devices Market due to rapid economic development, increasing healthcare investments, and expanding healthcare infrastructure. The rising prevalence of retinal disorders and a growing aging population drive demand for advanced vitreoretinal devices. Additionally, improving healthcare access and affordability, coupled with increasing awareness and government initiatives, boost market growth.

The current report Scope analyzes Vitreoretinal Surgery Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Vitreoretinal Surgery Devices Market Analysis

According to Cognitive Market Research, the global Vitreoretinal Surgery Devices market size was estimated at USD 1715.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 686.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Vitreoretinal Surgery Devices market with a market size of USD 541.32 million in 2024 and is projected to grow at a CAGR of 2.2% during the forecast period. The nation's advancements in medical technology and a rising prevalence of retinal disorders.
• The Canada Vitreoretinal Surgery Devices market had a market share of USD 82.33 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. Canada's advancements in medical technology and a rising prevalence of retinal disorders.
• The Mexico Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 62.43 million in 2024.

Europe Vitreoretinal Surgery Devices Market Analysis

According to Cognitive Market Research, the global Vitreoretinal Surgery Devices market size was estimated at USD 1715.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 514.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• The United Kingdom Vitreoretinal Surgery Devices market had a market share of USD 86.45 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. In the UK, Vitreoretinal Surgery Devices sales witness an upswing due to the nation's increasing retinal conditions.
• The France Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD 47.34 million in 2024.
• According to Cognitive Market Research, the German Vitreoretinal Surgery Devices market size was valued at USD 101.88 million in 2024 and is projected to grow at a CAGR of 2.9% during the forecast period. In Germany, Vitreoretinal Surgery Devices surged due to the increasing retinal conditions.
• The Italy Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 2.1% during the forecast period, with a market size of USD 44.25 million in 2024.
• The Russia Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 79.76 million in 2024.
• The Spain Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 1.8% during the forecast period with a market size of USD 42.19 million in 2024
• The Luxembourg Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 15.95 million in 2024.
• The Portugal Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 10.81 million in 2024.
• The Greece Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 6.17 million in 2024.
• Rest of Europe's Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 1.4% during the forecast period, with a market size of USD 79.76 million in 2024.

Asia Pacific Vitreoretinal Surgery Devices Market Analysis

According to Cognitive Market Research, the global Vitreoretinal Surgery Devices market size was estimated at USD 1715.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Vitreoretinal Surgery Devices market size was valued at USD 177.52 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. Vitreoretinal Surgery Devices surged in China due to the surge in healthcare investments and an increasing prevalence of retinal diseases.
• The Japan Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 54.44 million in 2024.
• The India Vitreoretinal Surgery Devices market had a market share of USD 47.34 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. India's surge in healthcare investments and an increasing prevalence of retinal diseases.
• The South Korean Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 39.45 million in 2024.
• The Australian Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 20.51 million in 2024.
• The South East Asia Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 27.22 million in 2024.
• The Rest of Asia Pacific Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 28.01 million in 2024.

South America Vitreoretinal Surgery Devices Market Analysis

According to Cognitive Market Research, the global Vitreoretinal Surgery Devices market size was estimated at USD 1715.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 85.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Vitreoretinal Surgery Devices market size was valued at USD 36.71 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. Vitreoretinal Surgery Devicess flourished in Brazil due to the increasing investments in healthcare infrastructure.
• Argentina's Vitreoretinal Surgery Devices market had a market share of USD 14.41 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Argentina's increasing investments in healthcare infrastructure.
• Colombia Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 7.63 million in 2024.
• Peru Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 7.03 million in 2024.
• Chile Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 6.17 million in 2024.
• The Rest of Latin America's Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 13.81 million in 2024.

Middle East Vitreoretinal Surgery Devices Market Analysis

According to Cognitive Market Research, the global Vitreoretinal Surgery Devices market size was estimated at USD 1715.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 34.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031..

• The GCC Countries Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 14.68 million in 2024. Vitreoretinal Surgery Devices sales flourish due to the improved healthcare access and increasing awareness of retinal diseases.
• The Egypt Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 3.60 million in 2024.
• The South Africa Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 5.42 million in 2024. Vitreoretinal Surgery Devices sales flourish in South Africa due to improved healthcare access and increasing awareness of retinal diseases.
• The Turkey Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 2.95 million in 2024.
• The Nigeria Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 3.60 million in 2024.
• The Rest of MEA Vitreoretinal Surgery Devices market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 4.05 million in 2024.

Vitreoretinal Surgery Devices Market Analysis

Vitreoretinal Surgery Devices Market Product Segment Analysis

According to Cognitive Market Research, The vitrectomy system is the dominant category in the Virtual Currency e-Money Market due to its essential role in advanced ophthalmic surgeries. Vitrectomy systems are crucial for addressing a range of vitreoretinal conditions, such as retinal detachments and macular holes. The system's advanced technology, which includes high-resolution imaging and precise surgical instruments, provides superior performance and accuracy, making it the preferred choice among ophthalmologists.

The vitreoretinal prefilled silicone oil syringes are the fastest-growing category within the Virtual Currency e-Money Market. This growth is driven by the increasing adoption of silicone oil as a tamponade agent in vitreoretinal surgeries. The convenience of prefilled syringes simplifies the surgical process, reduces preparation time, and minimizes the risk of contamination. Additionally, the rise in complex vitreoretinal procedures and advancements in surgical techniques are fueling the demand for these prefilled syringes.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Vitreoretinal Surgery Devices Industry. Request a Free Sample PDF!

Vitreoretinal Surgery Devices Market Surgery type Segment Analysis

According to Cognitive Market Research, Posterior vitreoretinal surgery is the dominant category in the Virtual Currency e-Money Market due to its critical role in managing complex retinal conditions. This surgery addresses severe retinal disorders such as retinal detachment, macular degeneration, and diabetic retinopathy, which are prevalent and often require advanced intervention. The dominance of posterior vitreoretinal surgery is attributed to its high efficacy in restoring vision and preventing vision loss.

Anterior vitreoretinal surgery is the fastest-growing category in the Virtual Currency e-Money Market, driven by the rising demand for treatments addressing anterior segment pathologies. This type of surgery is crucial for managing conditions such as anterior vitreous detachments and certain forms of uveitis, which are becoming more prevalent. The growth is fueled by advancements in surgical techniques and technologies that enhance precision and outcomes, leading to a higher adoption rate among ophthalmologists.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Vitreoretinal Surgery Devices End-User Segment Analysis

Vitreoretinal Surgery Devices Market End-User Segment Analysis

According to Cognitive Market Research, Hospitals are the dominant end user in the Virtual Currency e-Money Market, largely due to their comprehensive healthcare services and infrastructure. Hospitals are equipped to handle a wide range of surgical procedures and provide extensive care for complex cases, including those requiring advanced vitreoretinal surgeries. Their dominance is further supported by their capacity to invest in cutting-edge medical technology and maintain specialized departments for various surgical needs.

Ambulatory surgery centers are the fastest-growing category in the Virtual Currency e-Money Market, driven by the increasing demand for outpatient surgical procedures. ASCs offer a cost-effective and convenient alternative to traditional hospital settings, focusing on same-day discharge for patients. Their growth is fueled by advancements in minimally invasive surgical techniques and the increasing preference for outpatient care to reduce hospital stays and associated costs.

• Hospitals
• Specialty Clinics
• Ambulatory Surgery Centers

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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