Market Overview:
The global PMMA IOL 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 intraocular lens (IOL) products. Based on type, the global PMMA IOL market is segmented into multifocal intraocular lens (MIOL), adjustable intraocular lens (AIIL), and aspheric intraocular lens (AIOL). The MIOL segment is expected to account for the largest share of the global PMMA IOL market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period. The growth in this segment can be attributed to factors such as increasing demand for premium lenses and rising incidence of age-related vision problems. Based on application, the global PMMA IOL market is divided into hospital and medical center segments.
Product Definition:
PMMA IOLs are used to replace the natural lens of the eye. The main importance of using a PMMA IOL is that it can be folded so that it can be inserted through a very small incision in the eye during cataract surgery.
Multifocal Intraocular Lens:
The multifocal intraocular lens (MIOL) is a type of intraocular lens that can be used for treating presbyopia, nearsightedness and farsightedness. It's main advantages are the ability to provide clear vision in all directions and its small size. The MIOL consists of two or more optical zones cemented together with a flexible intermediate zone that allows the IOL to flex into different positions according to requirements.
Adjustable Intraocular Lens:
An adjustable intraocular lens is a surgical device used to alter the shape of an eye's natural lens. It is done by changing its thickness (power), which in turn changes the optical power of the eye. A normal human eye has a limited ability to focus on near objects because of its small size and poor muscular control.
Application Insights:
Based on application, the global market is segmented into hospital, medical center and others. The hospital segment dominated the overall market in terms of revenue in 2017. Increasing number of ophthalmic surgeries including cataract extraction, glaucoma surgery and refractive surgery is expected to drive the demand for IOLs over the forecast period.
The increasing prevalence of glaucoma coupled with a rising number of surgical procedures for its treatment has driven demand for IOLs from medical centers across the world. As per data published by Glaucoma Foundation International in 2015, around 60% to 80%of total glaucomas cases are diagnosed in developing countries like India and China due to lackof awareness about this disease among people there as comparedto developed countries like U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of age-related ophthalmic diseases, high disposable income, and availability of technologically advanced products. Moreover, growing awareness regarding various treatment options is anticipated to fuel growth during the forecast period. In addition, an increase in government funding for R&D activities pertaining to ophthalmology is also expected to drive growth over the forecast period. For instance, according to statistics published by National Eye Institute (NIH), from 2014 through 2016 about USD X million was provided for research on corneal implants and another USD X million was given for research on refractive surgery procedures using cornea grafts or stromal stem cells respectively.
Asia Pacific market is expected witness lucrative growth over a projected period due as multifocal IOLs are relatively cheaper than monofocal lenses and thus more affordable especially in developing countries such as India & China & Indonesia etc.
Growth Factors:
- Increasing demand for premium IOLs due to technological advancements and growing awareness about the benefits of premium lenses.
- Rising prevalence of eye disorders and increasing demand for corrective surgeries.
- Growing geriatric population with rising incidence of age-related eye disorders such as cataracts, glaucoma, and macular degeneration.
- Increasing healthcare expenditure by governments and private players in developing countries to provide better healthcare facilities to the population.
Scope Of The Report
Report Attributes
Report Details
Report Title
PMMA IOL Market Research Report
By Type
Multifocal Intraocular Lens, Adjustable Intraocular Lens, Aspheric Intraocular Lens
By Application
Hospital, Medical Center
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global PMMA IOL Market Report Segments:
The global PMMA IOL market is segmented on the basis of:
Types
Multifocal Intraocular Lens, Adjustable Intraocular Lens, Aspheric Intraocular Lens
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, Medical Center
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
Highlights of The PMMA IOL 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:
- Multifocal Intraocular Lens
- Adjustable Intraocular Lens
- Aspheric Intraocular Lens
- By Application:
- Hospital
- Medical Center
- 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 PMMA IOL 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?
PMMA IOLs are a type of artificial eye implant that is made from polymethylmethacrylate (PMMA). PMMA IOLs are used to replace lost or damaged eyesight. They can be inserted into the eye through a small incision in the eyelid.
Some of the major companies in the pmma iol market are Alcon, Bausch & Lomb, AMO(J&J), HOYA, CARL Zeiss, OPHTEC, HumanOptics, Rayner, STAAR Surgical, Haohai Biological Technology, Eyebright, Vision Pro.
The pmma iol market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PMMA IOL 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 PMMA IOL Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PMMA IOL 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 PMMA IOL 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 PMMA IOL Market Size & Forecast, 2018-2028 4.5.1 PMMA IOL Market Size and Y-o-Y Growth 4.5.2 PMMA IOL Market Absolute $ Opportunity
Chapter 5 Global PMMA IOL 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 PMMA IOL Market Size Forecast by Type
5.2.1 Multifocal Intraocular Lens
5.2.2 Adjustable Intraocular Lens
5.2.3 Aspheric Intraocular Lens
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PMMA IOL 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 PMMA IOL Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Medical Center
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PMMA IOL 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 PMMA IOL 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 PMMA IOL Analysis and Forecast
9.1 Introduction
9.2 North America PMMA IOL 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 PMMA IOL Market Size Forecast by Type
9.6.1 Multifocal Intraocular Lens
9.6.2 Adjustable Intraocular Lens
9.6.3 Aspheric Intraocular Lens
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 PMMA IOL Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Medical Center
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 PMMA IOL Analysis and Forecast
10.1 Introduction
10.2 Europe PMMA IOL 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 PMMA IOL Market Size Forecast by Type
10.6.1 Multifocal Intraocular Lens
10.6.2 Adjustable Intraocular Lens
10.6.3 Aspheric Intraocular Lens
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 PMMA IOL Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Medical Center
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 PMMA IOL Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PMMA IOL 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 PMMA IOL Market Size Forecast by Type
11.6.1 Multifocal Intraocular Lens
11.6.2 Adjustable Intraocular Lens
11.6.3 Aspheric Intraocular Lens
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 PMMA IOL Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Medical Center
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 PMMA IOL Analysis and Forecast
12.1 Introduction
12.2 Latin America PMMA IOL 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 PMMA IOL Market Size Forecast by Type
12.6.1 Multifocal Intraocular Lens
12.6.2 Adjustable Intraocular Lens
12.6.3 Aspheric Intraocular Lens
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 PMMA IOL Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Medical Center
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) PMMA IOL Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PMMA IOL 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) PMMA IOL Market Size Forecast by Type
13.6.1 Multifocal Intraocular Lens
13.6.2 Adjustable Intraocular Lens
13.6.3 Aspheric Intraocular Lens
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) PMMA IOL Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Medical Center
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 PMMA IOL Market: Competitive Dashboard
14.2 Global PMMA IOL 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
14.3.12 Vision Pro