The global Intraocular Lens market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 5.45% throughout the estimate period from 2020 to 2027.
The rising prevalence of eye diseases, and high rate of adoption of premium intraocular lens technology is expected to drive the growth of the market extensively. Also, increase in the geriatric population and the rise in diabetic population is estimated to drive the growth of the intraocular lens market. According to the data published in 2015 by the Centers for Disease Control and Prevention (CDC), Diabetic retinopathy (DR) is the leading cause of blindness among working-aged adults in the US. Also, according to the same source, an approximately 8,99,000 Americans are affected by vision-threatening retinopathy.
Factors such as post-operative complications, high cost of intraocular lens, and lack of skilled medical professionals are restraining the growth of market. Also, lack of reimbursement policies for premium lens in many developing and underdeveloped regions is anticipated to hinder the growth of the intraocular market.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Intraocular Lens market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Intraocular Lens market growth.
The global Intraocular Lens market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Alcon, Inc.
Aurolab
Bausch + Lomb
Carl Zeiss Meditec
EYEKON MEDICAL, INC.
HOYA Corporation
HUMANOPTICS AG.
Johnson & Johnson Vision Care, Inc.
LENSTEC, INC.
NIDEK CO., LTD.
Oculentis GmbH
Ophtec BV
PhysIOL
Rayner Intraocular Lenses Limited
STAAR Surgical Company
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Intraocular Lens Market, by Type
Monofocal Intraocular Lens
Multifocal Intraocular Lens
Accommodating Intraocular Lens
Phakic Intraocular Lens
Others
Global Intraocular Lens Market, by Material
Hydrophobic Acrylic
Hydrophilic Acrylic
Polymethylmeth- acrylate (PMMA)
Others
Global Intraocular Lens Market, by End User
Hospitals
Ophthalmic Clinics
Ambulatory Surgical Centers
Others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
? U.S.
? Canada
Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
Central & South America
? Brazil
? Argentina
? Rest of Central & South America
Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA