Global Intraocular Lens Market | Inkwood Research

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GLOBAL INTRAOCULAR LENS MARKET

• FORECAST 2019-2027

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MARKET OVERVIEW
GLOBAL INTRAOCULAR LENS MARKET FORECAST 2019-2027

• Growing prevalence of cataract, the surge in
  minimally invasive procedures demand, and
  technological advancements are the important
  factors that are influencing the growth of the
  market.
• The intraocular lenses types are used extensively
  for various purposes.
• Monofocal IOLs are the traditional and the most
  common intraocular lens used after the cataract
  surgery.
• Complications associated after surgery and
  reimbursement issues are the major factors
  hindering the intraocular lens market.
• Some individuals have reported a few
  complications after cataract surgery, which could
  lead to a partial loss of vision or require
  further surgery.

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INTRODUCTION
KEY FINDINGS

• Intraocular lenses (IOLs) are used for optical
  correction of the human eye and it relies on a
  process termed as refractive lens exchange.
• IOLs are synthetic in composition and are thus
  known as the artificial form of lens.
• It is inserted to take place of the eyes'
  naturally existing lens.
• Many ophthalmologist recommend to use the
  correction glasses post-surgery for reading
  chores and also for correcting short or long
  distance eyesight loss that solely depends on the
  power of the lens inserted.
• The global intraocular lens market is anticipated
  to grow at a CAGR of 4.81 between 2019 and 2027
  to generate revenue of 5,828 million by 2027.

• Global Intraocular lens market by material, by
  end-user, by type by geography.

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Infographic
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NORTH AMERICA INTRAOCULAR LENS MARKET

• In 2018, a large chunk of the market share was
  held by the North America regional market in the
  global intraocular lens market when segmented by
  geography.
• The market in North America is expected to
  advance at 4.37 CAGR by the end of the
  forecasting years.

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EUROPE INTRAOCULAR LENS MARKET

• The global intraocular lens market by Europe was
  valued at XX million in 2018 and is expected to
  reach XX million by 2027 with a CAGR of 4.55
  during the forecast period.
• The economic burden due to eye disorders and
  vision impairment is likely to increase the
  market demand in the coming years from the region.

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ASIA PACIFIC INTRAOCULAR LENS MARKET

• The global intraocular lens market by Europe was
  valued at XX million in 2018 and is expected to
  reach XX million by 2027 with a CAGR of 4.55
  during the forecast period.
• The economic burden due to eye disorders and
  vision impairment is likely to increase the
  market demand in the coming years from the region.

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COMPETITIVE INSIGHTS

• Rayner Intraocular Lenses Ltd., Eyekon Medical
  Inc., Lenstec, Inc., Johnson Johnson, Inc.,
  Bausch Health Companies Inc. (formerly Valent
  Pharmaceuticals International Inc.), Staar
  Surgical Company, HumanOptics AG, Santen
  Pharmaceutical Co., Ltd., Hoya Corporation,
  Essilor International S.A., Alcon, Abbott Medical
  Optics, Inc. (subsidiary of Abbott Laboratories,
  Inc.), Carl Zeiss AG, and Pfizer are the major
  companies operating in the market.

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