Global Intraocular Lens (IOL) Market, 2022 - Untapped Potential of Emerging Markets

Global Intraocular Lens (IOL) Market, 2022 - Untapped Potential of Emerging Markets

DUBLIN, March 13, 2018 /PRNewswire/ --

The "Intraocular Lens (IOL) Market by Type (Traditional/Monofocal (Spheric, Aspheric), Premium (Multifocal, Accommodating, and Extended Depth of Focus), and Phakic), Material (PMMA, Foldable), End User and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

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The global intraocular lens (IOL) market is projected to reach USD 4.56 Billion by 2022 from USD 3.50 Billion in 2017, at a CAGR of 5.4%. The growth of this market is majorly driven by the growth in the geriatric population and corresponding age-related eye disorders, rising prevalence of eye diseases & diabetes in the overall population across the globe, and increasing government initiatives to control and treat blindness caused by cataract.

The growing demand for the innovative and advanced IOLs is another key factor responsible for the growth of the intraocular lens market. Market players such as Alcon (US), Bausch and Lomb (US), Johnson & Johnson Vision Care (US), Carl Zeiss Meditec (Germany), and Rayner Intraocular Lenses (UK) have launched various kinds of IOLs in the past four years.

This report analyzes the intraocular lens market by type, material, end user, and region. By type, the market is segmented into traditional/monofocal IOLs, premium IOLs, and phakic IOLs. The monofocal IOLs segment accounted for the largest share of the market in 2017, owing to the benefits offered by aspheric monofocal IOLs, such as, ease of insertion for ophthalmic surgeons, induces less to zero aspheric aberration as compared to other types of IOLs, and and create a very effective contrast sensitive optical image for patients,

Geographically, the global intraocular lens market is segmented into North America, Europe, Asia Pacific, and Rest of World (including Latin America and the Middle East and Africa). North America holds the largest share of this market, and this is primarily attributed to the region's well-established healthcare industry, the increasing geriatric population with rising prevalence for blindness associated with cataract, increasing disposable income, and rising healthcare expenditure.

However, the lack of awareness and low accessibility to eye care in low-income economies especially in rural areas may hinder the growth of this market.

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Intraocular Lens Market: Overview
4.2 Intraocular Lens Market in APAC, By Type & Country
4.3 Intraocular Lens Market: Regional Mix
4.4 Intraocular Lens Market: Geographical Snapshot
4.5 Intraocular Lens Market: Developed vs Developing Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics: Impact Analysis
5.2.1 Drivers
5.2.1.1 Rising Prevalence of Eye Diseases
5.2.1.1.1 Cataracts
5.2.1.1.2 Obesity and Diabetes
5.2.1.1.3 Age-Related Macular Degeneration
5.2.1.2 Government and Awareness Initiatives to Control and Treat Blindness
5.2.1.3 Technological Advancements in IOLs
5.2.2 Restraints
5.2.2.1 Lack of Proper Coverage Or Co-Payment Policies for Premium IOLs
5.2.3 Opportunities
5.2.3.1 Untapped Potential of Emerging Markets
5.2.4 Challenges
5.2.4.1 Scarcity of Ophthalmologists

6 Intraocular Lens (IOLs) Market, By Type
6.1 Introduction
6.2 Traditional/Monofocal IOLs
6.2.1 Aspheric Monofocal IOLs
6.2.2 Spheric Monofocal IOLs
6.3 Premium IOLs
6.3.1 Multifocal IOLs
6.3.2 Accommodating IOLs
6.3.3 Extended Depth-Of-Focus (EDoF) IOLs
6.4 Phakic IOLs

7 Intraocular Lens (IOLs) Market, By Material
7.1 Introduction
7.2 Foldable IOLs
7.2.1 Hydrophobic Acrylic IOLs
7.2.2 Hydrophilic Acrylic IOLs
7.2.3 Other Foldable IOLs
7.3 PMMA IOLs

8 Intraocular Lens (IOLs) Market, By End User
8.1 Introduction
8.2 Hospitals & Clinics
8.3 Ambulatory Surgery Centers

9 Intraocular Lens (IOLs) Market, By Region

10 Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis
10.3 Product Portfolio Matrix
10.4 Competitive Situations and Trend
10.4.1 Product Launches
10.4.2 Agreements, Partnerships, and Collaborations
10.4.3 Acquisitions
10.4.4 Regulatory Approvals
10.4.5 Expansions

11 Company Profiles
11.1 Bausch + Lomb
11.2 Alcon
11.3 Johnson & Johnson
11.4 Carl Zeiss Meditec
11.5 Hoya Corporation
11.6 Staar Surgical Company
11.7 Rayner Intraocular Lenses
11.8 Physiol
11.9 Ophtec
11.10 SAV IOL
11.11 Oculentis

For more information about this report visit https://www.researchandmarkets.com/research/tr3t46/global?w=5

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