Market Overview:
The global eye sphere implants market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye diseases, rising awareness about advanced surgical procedures, and growing demand for minimally invasive surgeries. Based on type, the global eye sphere implants market can be segmented into sterile orbital implant and non-sterile orbital implant. The sterile orbital implant segment is expected to account for a larger share of the global market in 2018 owing to its superior properties such as biocompatibility and antibacterial activity. Based on application, the global eye sphere implants market can be divided into hospitals, ambulatory surgical centers (ASCs), eye/ophthalmology surgery center, and others (including research institutes and training centers). The hospitals segment is anticipated to dominate the overall application segment during the forecast period owing to rising demand for ophthalmic surgeries across developed countries.
Product Definition:
Eye sphere implants are a type of implant that is used to improve the vision of people who have poor vision. These implants are placed in the eye and help to correct the shape of the eye so that it can better focus on objects. This can help improve the vision of people who have poor eyesight and allow them to see more clearly.
Sterile Orbital Implant:
Sterile orbital implants are used for the treatment of glaucoma. It is a minimally invasive surgical procedure performed to reduce elevated intraocular pressure (IOP) by placing an implant in the orbiter or around the eye. The number of people suffering from glaucoma is expected to increase over time, owing to factors such as changing lifestyles and increasing global population leading to increased demand for healthcare services resulting in growth factor for sterile orbital implants market growth.
Non-sterile Orbital Implant:
Non-sterile orbital implant is a medical device used to replace the eye. It’s an alternative to cataract surgery and glaucoma surgery. The major advantage of this implant is that it can be placed in the patient’s own home, without hospitalization.
The non-sterile orbital implants are manufactured by two companies; one company named as Advanced Vision Care, Inc., and another company named as Alcon Laboratories, Inc.
Application Insights:
Based on application, the global market is segmented into hospitals, ambulatory surgical centers, eye/ ophthalmology surgery centers and others. The other segment held the largest share of the overall revenue in 2017 due to a high prevalence of diabetes and obesity which leads to cataract formation in both eyes. This factor results in seeking medical consultation for removal of these foreign bodies from eyes which boosts demand for eye sphere implants at an outpatient surgical center or an ambulatory surgical center.
The hospital segment is expected to witness lucrative growth over the forecast period owing to increasing number of diabetic patients suffering from retinopathy who require immediate treatment resulting in them visiting hospitals for this purpose resulting in driving demand for eye implant surgery during this period. In addition, growing awareness about availability of advanced healthcare facilities coupled with rising incidences such as glaucoma & macular degeneration will boost demand further over the forecast period thereby propelling market growth during this time frame.
Regional Analysis:
North America dominated the global eye sphere implants market in 2017. This can be attributed to increasing R&D investments by the key players, rising number of surgical procedures required for corneal transplant and high adoption of advanced technologies across this region. In addition, growing prevalence of diseases such as age-related macular degeneration (AMD), diabetic retinopathy and glaucoma is expected to drive demand for these implants over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as developing healthcare infrastructure & availability of highly skilled surgeons & other professionals with adequate training in ophthalmology field coupled with increasing patient awareness levels regarding various treatment options available particularly pertaining to eye care needs.
Growth Factors:
- Increasing demand for corrective eye surgeries
- Growing geriatric population
- Rising prevalence of eye diseases and disorders
- Technological advancements in eye sphere implants surgery
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Eye Sphere Implants Market Research Report
By Type
Sterile Orbital Implant, Non-sterile Orbital Implant
By Application
Hospitals, Ambulatory Surgical Centers, Eye/ Ophthalmology Surgery Center, Others
By Companies
Hilco Vision, Gulden Ophthalmics, Porex Surgical Group, Molteno Ophthalmic
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Eye Sphere Implants Market Report Segments:
The global Eye Sphere Implants market is segmented on the basis of:
Types
Sterile Orbital Implant, Non-sterile Orbital Implant
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, Ambulatory Surgical Centers, Eye/ Ophthalmology Surgery Center, Others
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:
- Hilco Vision
- Gulden Ophthalmics
- Porex Surgical Group
- Molteno Ophthalmic
Highlights of The Eye Sphere Implants 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:
- Sterile Orbital Implant
- Non-sterile Orbital Implant
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Eye/ Ophthalmology Surgery Center
- Others
- 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 Eye Sphere Implants 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.
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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?
Eye sphere implants are a type of medical device that are inserted into the eye to correct vision. They work by correcting the shape and position of the eyeball, which can improve your vision.
Some of the key players operating in the eye sphere implants market are Hilco Vision, Gulden Ophthalmics, Porex Surgical Group, Molteno Ophthalmic.
The eye sphere implants market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Eye Sphere Implants 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 Eye Sphere Implants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Eye Sphere Implants 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 Eye Sphere Implants 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 Eye Sphere Implants Market Size & Forecast, 2018-2028
4.5.1 Eye Sphere Implants Market Size and Y-o-Y Growth
4.5.2 Eye Sphere Implants Market Absolute $ Opportunity
Chapter 5 Global Eye Sphere Implants 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 Eye Sphere Implants Market Size Forecast by Type
5.2.1 Sterile Orbital Implant
5.2.2 Non-sterile Orbital Implant
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Eye Sphere Implants 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 Eye Sphere Implants Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Eye/ Ophthalmology Surgery Center
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Eye Sphere Implants 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 Eye Sphere Implants 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 Eye Sphere Implants Analysis and Forecast
9.1 Introduction
9.2 North America Eye Sphere Implants 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 Eye Sphere Implants Market Size Forecast by Type
9.6.1 Sterile Orbital Implant
9.6.2 Non-sterile Orbital Implant
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 Eye Sphere Implants Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Eye/ Ophthalmology Surgery Center
9.10.4 Others
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 Eye Sphere Implants Analysis and Forecast
10.1 Introduction
10.2 Europe Eye Sphere Implants 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 Eye Sphere Implants Market Size Forecast by Type
10.6.1 Sterile Orbital Implant
10.6.2 Non-sterile Orbital Implant
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 Eye Sphere Implants Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Eye/ Ophthalmology Surgery Center
10.10.4 Others
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 Eye Sphere Implants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Eye Sphere Implants 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 Eye Sphere Implants Market Size Forecast by Type
11.6.1 Sterile Orbital Implant
11.6.2 Non-sterile Orbital Implant
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 Eye Sphere Implants Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Eye/ Ophthalmology Surgery Center
11.10.4 Others
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 Eye Sphere Implants Analysis and Forecast
12.1 Introduction
12.2 Latin America Eye Sphere Implants 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 Eye Sphere Implants Market Size Forecast by Type
12.6.1 Sterile Orbital Implant
12.6.2 Non-sterile Orbital Implant
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 Eye Sphere Implants Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Eye/ Ophthalmology Surgery Center
12.10.4 Others
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) Eye Sphere Implants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Eye Sphere Implants 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) Eye Sphere Implants Market Size Forecast by Type
13.6.1 Sterile Orbital Implant
13.6.2 Non-sterile Orbital Implant
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) Eye Sphere Implants Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Eye/ Ophthalmology Surgery Center
13.10.4 Others
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 Eye Sphere Implants Market: Competitive Dashboard
14.2 Global Eye Sphere Implants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hilco Vision
14.3.2 Gulden Ophthalmics
14.3.3 Porex Surgical Group
14.3.4 Molteno Ophthalmic
