The global Intraocular Lens (IOL) Market size will grow exponentially during 2019-2026. This report offers an analysis of the market based on the product, end-user, distribution channel and geography (the Americas, APAC, and EMEA). The Intraocular Lens (IOL) Market research report further analyzes the market’s competitive landscape and offers information on several companies.
Intraocular Lens (IOL) Market report provides in-depth insight of the Intraocular Lens (IOL) industry masking all vital parameters along with Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, New Challenge Feasibility Evaluation, Intraocular Lens (IOL) market Share via Region, Analysis and Guidelines on New mission Investment.
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The factors that are playing a major role in the growth of Intraocular Lens (IOL) Market are rising occurrence of eye diseases & diabetes among the populace, governments’ initiatives of funding treatment of blindness, increasing use of enhanced technology for the treatment, and rise in geriatric population, and age-related eye disorders across the globe. However, lack of awareness regarding eye disorders and low accessibility to eye care in developing countries may restrain overall market growth in the years to come. Intraocular Lens (IOL) Market is segmented based on type, material, end-user, and region.
Phakic IOL, Traditional/ Monofocal IOL, Premium IOL, and the other types could be explored in Intraocular Lens (IOL) in the forecast period. Traditional/ Monofocal IOLs sector comprise spheric and aspheric monofocal IOL. Whereas, Premium IOLs comprise an extended depth of focus IOLs, multifocal IOLs, and accommodating IOL. The Monofocal IOLs sector accounted for the significant market share of Intraocular Lens (IOL) and is estimated to continue its dominance in the years to come. This may be because it is easy to insert during surgery, produces contrast sensitive optical image for patients and in comparison with other IOLs, it persuades less to zero aspheric aberration.
The key players of Intraocular Lens (IOL) Market are STAAR Surgical Company, Alcon Inc., Lenstec, Inc., Bausch & Lomb Incorporated, Johnson and Johnson Vision Care Inc., Carl Zeiss Meditec AG., HumanOptics AG, EyeKon Medical Inc., and HOYA Corporation. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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