Market Overview:
The global intraocular lens (IOL) material market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye disorders, rising geriatric population, and technological advancements in IOLs. PMMA held the largest share of the global IOL material market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its properties such as biocompatibility, optical clarity, low modulus of elasticity, and resistance to scratches and abrasion. Silicone-based IOLs are also gaining popularity due to their properties such as biocompatibility and transparency; however they are more expensive than PMMA-based IOLs.
 Material Industry Outlook.svg)
Product Definition:
An intraocular lens (IOL) is a lens implanted inside the eye to replace the natural lens, which may have been removed, damaged or become opaque.
PolymethylMethacrylate (PMMA):
Intraocular lens is a transparent plastic mass that is used in the place of a human eye. It is implanted into the eye during surgery. The intraocular lens material market includes PMMA and other high-quality plastics such as Zyloguard, Bio-Optic, Nidek, and Scheimpflug.
Silicone:
Silicone is a widely used material in the manufacturing of IOLs. It is an elastomer, which provides high resistance to deformation and thermal stability. The other properties such as flexibility at low temperature and high resistance to water are responsible for its increasing demand in the industry.
The silicone-based IOLs offer advantages such as higher visual acuity at near.
Application Insights:
The others segment held the largest share of the global intraocular lens material market in 2017. This segment includes hospitals, clinics and optical stores. The demand for IOLs is increasing in both hospital and clinic settings as they are a cost-effective alternative to glasses or contact lenses, especially for patients with cataract or clouded vision.
IOLs have various advantages over other alternatives such as PMMA IOLs being cheaper than silicone IOLs; hydrophobic acrylic IOL materials offering high transparency; and silicone providing better stability against physiological changes such as pupil dilation, accommodation change & tear production during close-up vision due to computer workstation usage at work or at school. These aforementioned factors are anticipated to drive product demand from this application segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The presence of a large number of players and suppliers in countries such as Japan, China, and India is expected to fuel demand for the product over the forecast period. In addition, increasing awareness about ophthalmic disorders coupled with rising healthcare expenditure by governments are some factors that can be attributed to regional growth.
In 2016, China accounted for approximately 40% share in terms of revenue due to high production volume along with increased exports from domestic manufacturers since 2010s which resulted into low prices for end-users compared to other developed economies including Japan and South Korea. Moreover, favorable government initiatives such as “Healthy China 2030†aimed at improving public health through sustainable development are expected to boost IOL material consumption over the forecast period.
Growth Factors:
- Increasing demand for intraocular lens implants to correct vision problems
- Growing geriatric population and prevalence of eye diseases
- Rising awareness about the benefits of IOL implant surgery
- Technological advancements in intraocular lens materials and surgical procedures
- Growing demand for premium-quality intraocular lenses
Scope Of The Report
Report Attributes
Report Details
Report Title
Intraocular Lens (IOL) Material Market Research Report
By Type
PolymethylMethacrylate (PMMA), Silicone, Hydrophilic Acrylic or Hydrogel, Hydrophobic Acrylic
By Application
Hospital, Clinic, Others
By Companies
Alcon, Bausch & Lomb, AMO (J&J), HOYA, CARL Zeiss, OPHTEC, HumanOptics, Rayner, STAAR Surgical, Haohai Biological Technology, Eyebright Medical, Wuxi Vision Pro Ltd
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Intraocular Lens (IOL) Material Market Report Segments:
The global Intraocular Lens (IOL) Material market is segmented on the basis of:
Types
PolymethylMethacrylate (PMMA), Silicone, Hydrophilic Acrylic or Hydrogel, Hydrophobic Acrylic
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, Clinic, 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:
- Alcon
- Bausch & Lomb
- AMO (J&J)
- HOYA
- CARL Zeiss
- OPHTEC
- HumanOptics
- Rayner
- STAAR Surgical
- Haohai Biological Technology
- Eyebright Medical
- Wuxi Vision Pro Ltd
 Material Market Overview.svg)
Highlights of The Intraocular Lens (IOL) Material 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:
- PolymethylMethacrylate (PMMA)
- Silicone
- Hydrophilic Acrylic or Hydrogel
- Hydrophobic Acrylic
- By Application:
- Hospital
- Clinic
- 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 Intraocular Lens (IOL) Material 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
 Material Market Statistics.svg)
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?
Intraocular lens (IOL) material is a type of artificial lens. It is made from a variety of materials, including plastics and glass. IOLs are used to correct vision in people who have lost their eyesight due to age or disease.
Some of the major players in the intraocular lens (iol) material market are Alcon, Bausch & Lomb, AMO (J&J), HOYA, CARL Zeiss, OPHTEC, HumanOptics, Rayner, STAAR Surgical, Haohai Biological Technology, Eyebright Medical, Wuxi Vision Pro Ltd.
The intraocular lens (iol) material market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intraocular Lens (IOL) Material 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 Intraocular Lens (IOL) Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intraocular Lens (IOL) Material 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 Intraocular Lens (IOL) Material 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 Intraocular Lens (IOL) Material Market Size & Forecast, 2020-2028
4.5.1 Intraocular Lens (IOL) Material Market Size and Y-o-Y Growth
4.5.2 Intraocular Lens (IOL) Material Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PolymethylMethacrylate (PMMA)
5.2.2 Silicone
5.2.3 Hydrophilic Acrylic or Hydrogel
5.2.4 Hydrophobic Acrylic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intraocular Lens (IOL) Material 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 Intraocular Lens (IOL) Material 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PolymethylMethacrylate (PMMA)
9.6.2 Silicone
9.6.3 Hydrophilic Acrylic or Hydrogel
9.6.4 Hydrophobic Acrylic
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PolymethylMethacrylate (PMMA)
10.6.2 Silicone
10.6.3 Hydrophilic Acrylic or Hydrogel
10.6.4 Hydrophobic Acrylic
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PolymethylMethacrylate (PMMA)
11.6.2 Silicone
11.6.3 Hydrophilic Acrylic or Hydrogel
11.6.4 Hydrophobic Acrylic
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PolymethylMethacrylate (PMMA)
12.6.2 Silicone
12.6.3 Hydrophilic Acrylic or Hydrogel
12.6.4 Hydrophobic Acrylic
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PolymethylMethacrylate (PMMA)
13.6.2 Silicone
13.6.3 Hydrophilic Acrylic or Hydrogel
13.6.4 Hydrophobic Acrylic
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 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 Intraocular Lens (IOL) Material Market: Competitive Dashboard
14.2 Global Intraocular Lens (IOL) Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcon
14.3.2 Bausch & Lomb
14.3.3 AMO (J&J)
14.3.4 HOYA
14.3.5 CARL Zeiss
14.3.6 OPHTEC
14.3.7 HumanOptics
14.3.8 Rayner
14.3.9 STAAR Surgical
14.3.10 Haohai Biological Technology
14.3.11 Eyebright Medical
14.3.12 Wuxi Vision Pro Ltd
