Global Multifocal Toric Intraocular Lens (IOLs) Market by Type (Not Pre-loaded IOLs, Pre-loaded IOLs), By Application (Hospital, Clinic, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global multifocal toric intraocular lens (IOLs) market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing prevalence of eye disorders and rising demand for advanced treatment options. In addition, technological advancements in IOLs are also contributing to the growth of the market. Based on type, the global multifocal toric intraocular lens (IOLs) market is segmented into not pre-loaded IOLs and pre-loaded IOLs. The not pre-loaded IOLS segment is further subsegmented into foldable and rigid lenses. The foldable lenses subsegment is expected to register a higher CAGR during the forecast period as compared to other subsegments owing to its advantages such as easy implantation and low incidence of complications post surgery. Based on application, the global multifocal toric intraocular lens (Iols)marketis divided into hospital, clinic, and others segments. Among these applications, hospitals are anticipatedto hold a dominant position in terms of revenue contribution throughoutthe forecast period owingto high adoption rates for surgical proceduresand rising awareness about advanced treatment options among patients worldwide .



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Product Definition:

Multifocal toric intraocular lens (IOLs) are designed to correct both astigmatism and presbyopia. They allow the patient to see clearly at all distances, without the need for glasses or contact lenses. Multifocal toric IOLs are an important treatment option for patients with cataracts who also have astigmatism.

Not Pre-loaded IOLs:

The global pre-loaded IOLs 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. The increasing prevalence of cataract, rising geriatric population base, and growing awareness about the same are some vital drivers for this market’s growth during the forecast period 2016-2021.

Pre-loaded IOLs:

Pre-loaded IOLs are a new concept in the multifocal toric intraocular lens (IOLs) market. They have been designed to overcome problems associated with traditional IOL designs, which include spherical aberration and astigmatism. The main objective of this innovation is to provide patients suffering from hypermetropia with an option for near vision without glasses or contact lenses.

Application Insights:

Based on application, the global multifocal toric intraocular lens (IOLs) market is segmented into hospital, clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to a high prevalence of patients with cataract-caused vision impairment and an increasing number of surgical procedures for cataract removal. In addition, a rising number of hospitals across the globe that are equipped with advanced diagnostic facilities is also expected to boost product demand over the forecast period.

The clinic segment is expected to witness significant growth over the forecast period owing to growing awareness about IOL implantation as an effective treatment modality for patients suffering from various types of visual impairment caused by different causes such as eye diseases or trauma induced blindnesses among other factors such as aging or refractive error disorders among both adults.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing cases of diabetic retinopathy, growing geriatric population, and high adoption of advanced technologies in eye care facilities. In addition, rise in preference for cosmetic surgery procedures is also driving demand for multifocal IOLs devices within this region.

Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising healthcare expenditure by governments and private sectors coupled with increasing awareness about ophthalmic disorders & associated treatment options within developing economies such as India & China etc.

Growth Factors:

Increasing prevalence of myopia and astigmatism: The multifocal toric IOLs are specifically designed for the correction of myopia and astigmatism. With the increasing prevalence of these conditions, there is a corresponding increase in demand for multifocal toric IOLs.
Advances in technology: The design and functionality of multifocal toric IOLs continue to improve, making them more effective and reliable. This contributes to their growing popularity among patients seeking corrective surgery.
Growing awareness about the benefits of multifocal toric IOLs: There is a growing awareness among patients about the benefits of using multifocal toric IOLs as opposed to other types of corrective surgery options available in the market today. This is helping to drive demand for these lenses amongst consumers worldwide.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Multifocal Toric Intraocular Lens (IOLs) Market Research Report
By Type
Not Pre-loaded IOLs, Pre-loaded IOLs
By Application
Hospital, Clinic, Others
By Companies
ALCON, AMO (J&J), Bausch + Lomb, HOYA, CARL Zeiss, Lenstec, HumanOptics, Biotech Visioncare, Medicontur Medical Engineering Ltd, Aurolab, Eagle Optics, SIFI Medtech, Cristalens, Eyebright Medical Group
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.

Global Multifocal Toric Intraocular Lens (IOLs) Market Report Segments:
The global Multifocal Toric Intraocular Lens (IOLs) market is segmented on the basis of:
Types
Not Pre-loaded IOLs, Pre-loaded IOLs
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
AMO (J&J)
Bausch + Lomb
HOYA
CARL Zeiss
Lenstec
HumanOptics
Biotech Visioncare
Medicontur Medical Engineering Ltd
Aurolab
Eagle Optics
SIFI Medtech
Cristalens
Eyebright Medical Group



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Highlights of The Multifocal Toric Intraocular Lens (IOLs) 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:
Not Pre-loaded IOLs
Pre-loaded IOLs
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 Multifocal Toric Intraocular Lens (IOLs) 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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