Intraocular Lens Market Advancements to Lead to Impressive Progress And Reach US$ 4.50 Billion by 2022

11-Oct-2018 | Zion Market Research

With the attendance of a huge pool of players, the global intraocular lens market is showing an extremely competitive business landscape, claim researchers at Zion Market Research. Alcon, Rockwell Automation, Aurolab, Bausch & Lomb Inc., HOYA Surgical Optics, Carl Zeiss Meditec AG, and EyeKon Medical Inc. are some of the major players of intraocular lens all over the globe. These companies all over intraocular lens market are aiming insistently on innovation as well as on involving advanced techs in their current goods. In the years to come, they are also likely to take up mergers & acquisitions and partnerships as their key plan for development of the business, boosting the intraocular lens market. In addition, different innovation by major players is set to power the global market. For example, in October 2017, Alcon declared the conclusion of 100 Million implants of its AcrySof IOL, boosting the global market.

This review is based on a report by Zion Market Research, titled “Intraocular Lens Market, by Type (Monofocal IOLs and Premium IOLs); By Application (Cataract Surgery, Refractive Lens Exchange Surgery, and Trauma Surgery); By Material (Polymethylmethacrylate (PMMA), Silicon, Hydrophobic Acrylic, and Hydrogel); By End-User (Hospitals, Ambulatory Surgical Centers (ASCs), Ophthalmology Clinics, and Eye Research Institutes): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2022.”- Report at http://www.zionmarketresearch.com/report/intraocular-lens-market

Rising Occurrence of Cataract Powers The Intraocular Lens Market Growth

“The noteworthy elevation in the occurrence of cataract is the main factor reason that has been towering the development of the global intraocular lens market,” claim the researchers at Zion Market Research. In addition to this, the rising occurrence rate of diabetes in people all over the world is making them extremely prone to cataracts, which is leading in a high requirement for medical aids and corrective treatments, affecting optimistically on intraocular lens market. The frequent increase in the global geriatric population, which is the most vulnerable age group for contract cataract, will also significantly aid development of the intraocular lens market. Moreover, the increasing awareness among users about the goods and technological enhancements are likely to foster the intraocular lens market growth.

Global Intraocular Lens Market

The high price linked with the surgical procedure, on the other hand, may hinder the development chart of the intraocular lens market in the forecast period. Nonetheless, the rising support by different governments in terms of subsidies & reimbursement policies on treatment and the increasing capacity to invest on healthcare of users foster the progression of intraocular lens market in the coming. This normalizes the affect of obstructions on the growth of intraocular lens market.

Elevation In Healthcare Expenditure To Power Regional Dominance of North America in Intraocular Lens Market

Area-wise, North America has been ruling the global intraocular lens market and is likely to carry on the leading position in the coming, claim the analysts at Zion Market Research. The continuously increasing per capita income on healthcare and the high amount of awareness among users are the main factors behind the supremacy of North America in the intraocular lens market. The high amount of market players being located in North America is one more noteworthy reason that is helping the global market in North America.

The global intraocular lens market is segmented as follows:

By Type

  • Monofocal IOLs
  • Premium IOLs
  • Multifocal IOLs
  • Accommodative IOLs
  • Toric IOLs
  • Aspheric IOLs
  • Others (Phakic Intraocular Lens (PIOL), Pseudophakic IOL, etc.)

By Application

  • Cataract Surgery
  • Refractive Lens Exchange Surgery
  • Trauma Surgery

By Material

  • Polymethylmethacrylate (PMMA)
  • Silicon
  • Hydrophobic Acrylic
  • Hydrogel

By End User

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Ophthalmology Clinics
  • Eye Research Institutes

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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