Global Intraocular Lens (IOL) Implants Market by Type (Non-foldable Intraocular Lens (IOL) Implants, Foldable Intraocular Lens (IOL) Implants), By Application (Hospital, Clicnics) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global intraocular lens (IOL) implants market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The foldable intraocular lens (IOL) implants segment is expected to grow at a higher CAGR than the non-foldable intraocular lens (IOL) implants segment during the forecast period. The hospital application segment is expected to hold the largest share of the global intraocular lens (IOL) implants market in 2018, while clinics are projected to be the fastest-growing application segment during the forecast period. North America is estimated to account for the largest share of this market in 2018, followed by Europe and Asia Pacific.



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Product Definition:

An intraocular lens implant is a medical device that is used to replace the natural lens of the eye following cataract surgery. The implant is a clear, plastic lens that is inserted into the eye during surgery.

Non-foldable Intraocular Lens (IOL) Implants:

The global non-foldable intraocular lens (IOL) implants market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.

Foldable Intraocular Lens (IOL) Implants:

The global foldable intraocular lens (IOL) implants and it's usage in intraocular lens implants market size was valued at USD 6.2 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.

Application Insights:

Based on application, the global market is segmented into hospital, clincics and others. The hospital segment dominated the market in 2017 owing to a rise in ophthalmic surgeries including cataract surgery, refractive surgery and IOL implantation procedures. Moreover, hospitals are considered as one of the important sources for healthcare due to their presence at most convenient locations such as shopping malls and railway stations. This factor is anticipated to fuel product demand over the forecast period.

The Clinicicnus segment is expected to witness lucrative growth during the forecast period owing to an increase in number of cataract surgeries being performed by private clinics across various regions especially in developing countries like India and China where there has been a significant rise in disposable income levels among its population which has resulted into increased demand for advanced medical technologies including intraocular lenses implants that help them see better thus driving product demand over next few years.

Regional Analysis:

Europe dominated the global market in 2017 owing to the high prevalence of cataract and its treatment. According to Ocrilex, a European company that provides information on eye health, in Europe alone there were over 2.5 million cataract surgeries performed in 2016. In addition, increasing geriatric population is expected to drive demand for advanced IOL implants such as foldable ones which are more cost-effective than non-foldable ones due to lesser number of surgical procedures required post implantation.

Asia Pacific is expected to grow at a lucrative rate during the forecast period owing rising disposable income coupled with growing awareness about various treatment options available for vision correction surgery such as refractive surgery and IOL implantation procedure among people living across this region especially in developing countries like India & China & Indonesia etc.

Growth Factors:

Increasing prevalence of eye disorders and blindness: The increasing prevalence of various eye disorders, such as cataract, glaucoma, age-related macular degeneration (AMD), and diabetic retinopathy is expected to drive the demand for intraocular lens implants over the forecast period. According to the World Health Organization (WHO), around 285 million people are visually impaired worldwide, out of which 39 million are blind. This number is expected to increase due to the growing aging population and rising incidence of chronic diseases such as diabetes.
Technological advancements in intraocular lens implants: The technological advancements in intraocular lens implants have resulted in better patient outcomes with minimal complications rates. This has led to an increase in their adoption across developed countries. For instance, manufacturers are now offering foldable lenses that can be inserted through a small incision and offer a more natural vision post-surgery compared to traditional IOLs. Additionally, new materials used for manufacturing IOLs such as silicone hydrogel allow for greater oxygen permeability which reduces inflammation and other postoperative problems associated with older generation lenses made from acrylic materials .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Intraocular Lens (IOL) Implants Market Research Report
By Type
Non-foldable Intraocular Lens (IOL) Implants, Foldable Intraocular Lens (IOL) Implants
By Application
Hospital, Clicnics
By Companies
Alcon, Bausch & Lomb, AMO (J&J), HOYA, CARL Zeiss, OPHTEC, HumanOptics, Rayner, STAAR Surgical, Haohai Biological Technology, Eyebright, Vision Pro
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.

Global Intraocular Lens (IOL) Implants Market Report Segments:
The global Intraocular Lens (IOL) Implants market is segmented on the basis of:
Types
Non-foldable Intraocular Lens (IOL) Implants, Foldable Intraocular Lens (IOL) Implants
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
Hospital, Clicnics
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:
Alcon
Bausch & Lomb
AMO (J&J)
HOYA
CARL Zeiss
OPHTEC
HumanOptics
Rayner
STAAR Surgical
Haohai Biological Technology
Eyebright
Vision Pro



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Highlights of The Intraocular Lens (IOL) 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:
Non-foldable Intraocular Lens (IOL) Implants
Foldable Intraocular Lens (IOL) Implants
By Application:
Hospital
Clicnics
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 Intraocular Lens (IOL) 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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