Market Overview:
The global artificial cornea and corneal implant market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye disorders, technological advancements in the field of artificial cornea and implants, and rising demand for advanced treatment options. The global artificial cornea and corneal implant market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into human cornea and artificial cornea. On the basis of application, it is divided into hospitals and specialty clinics. Geographically, it is analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U.K.), Asia Pacific (Japan China India Australia South Korea) Middle East & Africa(Saudi Arabia UAE Qatar South Africa).
Product Definition:
An artificial cornea is a surgically implanted device that helps restore vision in people who have lost their sight because of damage to the cornea. The implant, made of plastic or silicone, replaces the damaged cornea and helps light pass into the eye so that images can be seen.
Human Cornea:
The human cornea is the outermost transparent layer of the eye. It helps in focusing light on the retina and allows clear vision. The normal cornea has a thin, tough, flexible membrane that protects the sensitive inner surface of the eye from injury while refractive surgery or accidental impact. Human corneas are available for transplantation in various sizes and shapes depending upon its function (transplant-ready or non-transplantable).
Artificial Cornea:
Artificial cornea is a structure that is implanted into the eye to replace the cornea, which has been damaged or destroyed. The artificial cornea can be categorized as an intraocular lens (IOL) or as a part of a complete artificial eye. Artificial Corneas are used in patients suffering from Keratoconus, Fuchs dystrophy, penetrating keratoplasty and other conditions resulting in progressive damage to the surface of the cornea.
Application Insights:
Based on application, the market is segmented into hospitals, specialty clinics and others. Hospitals held the largest share in 2017 owing to increasing prevalence of diseases such as diabetes and glaucoma that require artificial cornea or corneal implant for treatment. In addition, hospitals are considered to be the most prominent centers for diagnosis and treatment due to advanced healthcare facilities along with experienced medical professionals.
The specialty clinics segment is expected to witness lucrative growth over the forecast period due to rising adoption of an artificial cornea or a corneal implant by surgeons in order to improve their skillset or expertise pertaining specific types of implants that are required based on a patient¢â‚¬â„¢s anatomy.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing cases of blindness, rising awareness about corneal implants, and availability of advanced technologies for treatment. In addition, high prevalence of keratoconus and other eye diseases is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to untapped opportunities in this region. The number of people suffering from blindness is increasing every year due to various reasons such as cataract surgery not being performed due lack of resources or because patients are not aware about its benefits or refractive surgery procedures being expensive which prevent many people from benefiting from these treatments leading them into darkness instead off lightening it up by educating yourself on available treatments for your condition and learning all you can so that when it comes time for your procedure you will make an educated decision based on facts & figures presented by those who know better than anyone else what's best for YOU!.
Growth Factors:
- Increasing prevalence of corneal blindness and other eye disorders: The increasing prevalence of corneal blindness and other eye disorders is one of the key growth drivers for the artificial cornea and corneal implant market. According to a study by The World Health Organization (WHO), it is estimated that around 285 million people are visually impaired worldwide, out of which 39 million are blind. Of these, 90% suffer from preventable or treatable conditions such as cataract, glaucoma, and diabetic retinopathy. This growing population base is expected to drive demand for artificial cornea and corneal implants in the coming years.
- Rising awareness about advanced treatment options: There is a rising awareness among patients about advanced treatment options for various eye diseases such as cataract, glaucoma, macular degeneration, etc., which is expected to boost demand for artificial cornea and implant devices in the coming years.
- Technological advancements in artificial cornea devices: The technological advancements in artificial cornea devices are another major factor driving growth of this market globally. These advancements have led to development of newer types of implants with better features that offer improved patient outcomes post-surgery compared to traditional treatments methods like transplants or eyeglasses/contact lenses correction procedures . This is likely to spur demand for these devices in the near future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Cornea and Corneal Implant Market Research Report
By Type
Human Cornea, Artificial Cornea
By Application
Hospitals, Specialty Clinics
By Companies
AcuFocus, Cornea Biosciences, Cornea Research Foundation of America, DIOPTEX, KeraMed, Neoptics, Ocular Systems, Powervision, Presbia, ReVision Optics, AcuFocus
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Cornea and Corneal Implant Market Report Segments:
The global Artificial Cornea and Corneal Implant market is segmented on the basis of:
Types
Human Cornea, Artificial Cornea
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Specialty Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AcuFocus
- Cornea Biosciences
- Cornea Research Foundation of America
- DIOPTEX
- KeraMed
- Neoptics
- Ocular Systems
- Powervision
- Presbia
- ReVision Optics
- AcuFocus
Highlights of The Artificial Cornea and Corneal Implant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Human Cornea
- Artificial Cornea
- By Application:
- Hospitals
- Specialty Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Cornea and Corneal Implant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial cornea and corneal implant are medical devices that help people with vision problems. Artificial cornea is a type of artificial eye that replaces the natural lens in your eye. Corneal implant is a type of artificial eye device that helps people with keratoconus, an abnormal thickening of the outer layer of the eyeball (the epithelium).
Some of the major companies in the artificial cornea and corneal implant market are AcuFocus, Cornea Biosciences, Cornea Research Foundation of America, DIOPTEX, KeraMed, Neoptics, Ocular Systems, Powervision, Presbia, ReVision Optics, AcuFocus.
The artificial cornea and corneal implant market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Cornea and Corneal Implant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artificial Cornea and Corneal Implant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artificial Cornea and Corneal Implant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artificial Cornea and Corneal Implant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artificial Cornea and Corneal Implant Market Size & Forecast, 2018-2028
4.5.1 Artificial Cornea and Corneal Implant Market Size and Y-o-Y Growth
4.5.2 Artificial Cornea and Corneal Implant Market Absolute $ Opportunity
Chapter 5 Global Artificial Cornea and Corneal Implant Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Artificial Cornea and Corneal Implant Market Size Forecast by Type
5.2.1 Human Cornea
5.2.2 Artificial Cornea
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Artificial Cornea and Corneal Implant Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Artificial Cornea and Corneal Implant Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Cornea and Corneal Implant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Cornea and Corneal Implant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Artificial Cornea and Corneal Implant Analysis and Forecast
9.1 Introduction
9.2 North America Artificial Cornea and Corneal Implant Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Artificial Cornea and Corneal Implant Market Size Forecast by Type
9.6.1 Human Cornea
9.6.2 Artificial Cornea
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Artificial Cornea and Corneal Implant Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Artificial Cornea and Corneal Implant Analysis and Forecast
10.1 Introduction
10.2 Europe Artificial Cornea and Corneal Implant Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Artificial Cornea and Corneal Implant Market Size Forecast by Type
10.6.1 Human Cornea
10.6.2 Artificial Cornea
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Artificial Cornea and Corneal Implant Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Artificial Cornea and Corneal Implant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Artificial Cornea and Corneal Implant Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Artificial Cornea and Corneal Implant Market Size Forecast by Type
11.6.1 Human Cornea
11.6.2 Artificial Cornea
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Artificial Cornea and Corneal Implant Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Artificial Cornea and Corneal Implant Analysis and Forecast
12.1 Introduction
12.2 Latin America Artificial Cornea and Corneal Implant Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Artificial Cornea and Corneal Implant Market Size Forecast by Type
12.6.1 Human Cornea
12.6.2 Artificial Cornea
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Artificial Cornea and Corneal Implant Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Artificial Cornea and Corneal Implant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Artificial Cornea and Corneal Implant Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Artificial Cornea and Corneal Implant Market Size Forecast by Type
13.6.1 Human Cornea
13.6.2 Artificial Cornea
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Artificial Cornea and Corneal Implant Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Cornea and Corneal Implant Market: Competitive Dashboard
14.2 Global Artificial Cornea and Corneal Implant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AcuFocus
14.3.2 Cornea Biosciences
14.3.3 Cornea Research Foundation of America
14.3.4 DIOPTEX
14.3.5 KeraMed
14.3.6 Neoptics
14.3.7 Ocular Systems
14.3.8 Powervision
14.3.9 Presbia
14.3.10 ReVision Optics
14.3.11 AcuFocus
