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Global Intraocular Lens Market Analysis, Trends, Market Size and Forecasts 2016-2024 - ResearchAndMarkets.com

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The "Intraocular
Lens Market: Global Industry Analysis, Trends, Market Size and Forecasts
up to 2024"
report has been added to ResearchAndMarkets.com's
offering.

The report predicts the global intraocular lens market to grow with a
CAGR of 5% over the forecast period of 2018-2024.

The report on global intraocular lens market provides qualitative and
quantitative analysis for the period of 2016 to 2024.

According to the World Health Organization (WHO), nearly 7 million to 12
million cataract operations were performed in the year 2000 and 20
million cataract operation were performed in 2010. By the year 2020,
cataract surgeries are anticipated to reach 32 million annually. The
major factor such as rising geriatric population ocular conditions,
incidence of cataracts are some of the key factors, driving growth in
this market. Additionally, initiative taken by the government to remove
avoidable blindness growing among aged population across the world are
expected to fuel the growth of intraocular lens market. Moreover, the
technological innovation in the intraocular lens is also responsible for
enhancing the growth of this market.

Going further growing number of vision correction procedure such as
LASIK, cataract surgeries and others is responsible for significant
growth in the intraocular market. However, the lack of proper coverage
for premium IOLs and high cost related with surgical procedure are
hindering the growth of intraocular lens market. In near future,
accessibility of advance technologies such as micro-incision cataract
surgery and femtosecond lasers may provide huge growth opportunities for
the key players in the intraocular lens market.

North America is holding a leading region among other geographies in the
intraocular lens market and is expected to dominate throughout the
forecast period. Improved reimbursements policies, rising the incidence
of cataracts and government entities to set up eye care facilities have
contributed for the growth in this market in North America region. Asia
pacific accounted for the fastest growing in terms of revenue over
upcoming year. The developing countries such as India and china are
anticipated to be fastest growing economies in Asia pacific region.
Owing to huge patient pool and growing the healthcare industry.

The leading companies in the market are Abbott Medical Optics, Carl
Zeiss Meditec AG, Bausch & Lomb, Inc., Alcon (Novartis AG), Calhoun
Vision, Inc.,Staar Surgical Company ,Hoya Surgical Optics, Rayner
Intraocular Lenses Limited, Oculentis GmbH. Some Key players investing
in merger and acquisition for the expand product portfolio.

Segments Covered

Global Intraocular Lens Market by Product

  • Monofocal IOL
  • Multifocal IOL
  • Toric IOL
  • Accommodative IOL

Global Intraocular Lens Market by Material

  • POLYMETHYL METHACRYLATE (PMMA)
  • SILICONE
  • HYDROPHOBIC ACRYLIC

Global Intraocular Lens Market by End-user

  • Hospitals
  • Ophthalmic Clinics
  • Ambulatory Surgery Centers
  • Eye Research Institutes

Company Profiles

  • Abbott Medical Optics
  • Carl Zeiss Meditec AG
  • Bausch & Lomb, Inc.
  • Alcon (Novartis AG)
  • Calhoun Vision, Inc.
  • Staar Surgical Company
  • Hoya Surgical Optics
  • Rayner Intraocular Lenses Limited
  • Oculentis GmBH

For more information about this report visit https://www.researchandmarkets.com/research/s46jnw/global?w=4

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