The Intraocular Lens (IOL) market is a dynamic sector within the healthcare industry that’s gaining significant attention. IOLs are small, artificial lenses implanted into the eye to replace the natural lens during cataract surgery or to correct refractive errors. According to AMR’s prediction, “Intraocular Lenses Market by Type (Monofocal Intraocular Lens, Premium Intraocular Lens), By Material (Polymethyl Methacrylate, Silicone, Hydrophobic and Hydrophilic Acrylic Materials), By End User (Hospitals, Ambulatory Surgical Centers, Ophthalmology Clinics) and Ocular Research Institutes: Global Industry Opportunity Survey and Forecast, 2021-2031.” According to the report, the global intraocular lens market generated $3.8 billion in 2021 and is expected to reach $6.5 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
♦ 𝐒𝐞𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 𝐖𝐢𝐭𝐡 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 –
https://www.alliedmarketresearch.com/request-sample/2092
Key Findings of the Study –
- By type, the monofocal intraocular lens segment was the highest contributor to the market in 2021.
- By material, the hydrophobic and hydrophilic acrylic materials segment was the highest contributor to the market in 2021.
- By end user, hospitals dominated the growth of the market.
Growth Trajectory: The global IOL market is on a growth trajectory, with a projected value of $6.5 billion by 2031. This impressive growth is expected to be driven by factors such as an aging population, increasing incidences of cataracts, and a rising demand for refractive surgery to correct vision problems.
Technological Advancements: Technological advancements have played a crucial role in the IOL market. Premium IOLs with features like multifocality and toric correction are becoming increasingly popular, as they offer patients the opportunity to reduce their dependence on glasses or contact lenses.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/purchase-enquiry/2092
In North America, the United States dominates the intraocular lens market size, owing to technological advancements and favorable medical reimbursement policies. In Asia-Pacific, China and India together are the largest base of diabetic retinopathy patients, which is driving the growth of the intraocular lens industry.
Key Market Players –
Major key players that operate in the industry are Alcon (Novartis AG), Bausch Health Inc., Carl Zeiss Meditech, EyeKon Medical Inc, Humanoptics, Hoya Corporation, Johnson & Johnson, Lenstec Inc., Rayner Intraocular Lens Ltd, and STAAR Surgical Company.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Ongoing Research: Ongoing research and development efforts aim to improve the longevity and performance of IOLs. Innovations in materials, designs, and surgical techniques are likely to shape the future of this market.
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/intraocular-lens-market/purchase-options
Frequently Asked Questions?
Q1. What is the total market value of global Intraocular Lens (IOL) Market?
Q2. Which market holds the maximum market share of the global Intraocular Lens (IOL) Market?
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Q4. What are the key trends in the global Intraocular Lens (IOL) Market?
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