Press release
Artificial Cornea and Corneal Implant Market to Grow US$ 612.1 Million by 2028 | Growth Rate (CAGR) of 6.5%
Artificial Cornea and Corneal Implant Market
According to IMARC Group's latest report, titled "Artificial Cornea and Corneal Implant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
A Closer Look at the Artificial Cornea and Corneal Implant Market Size | 2023
The global artificial cornea and corneal implant market size reached US$ 412.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 612.1 Million by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.
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Artificial Cornea and Corneal Implant Market Insight :
Artificial cornea and corneal implant refer to the medical procedures that are conducted to replace the damaged cornea with healthy corneal tissue. They are usually performed for the treatment of numerous diseases, such as infectious keratitis, corneal ulcers, keratoconus, Fuchs dystrophy, etc. These procedures include various surgical techniques, including endothelial keratoplasty and penetrating, that involve the transplantation of the entire corneal stem cells. Artificial cornea and corneal implants are available in biosynthetic and synthetic variants that are manufactured using chemical substances and recombinant collagen. These procedures aid in relieving pain, restoring vision, treating damaged corneas, etc. As a result, they find widespread applications in several hospitals, ambulatory surgical centers (ASCs), specialty clinics, etc.
Artificial Cornea and Corneal Implant Market Current Trends & Future Predictions :
The rising prevalence of eye-related disorders is primarily driving the artificial cornea and corneal implant market. Besides this, the increasing need for penetrating keratoplasty procedures that assist in treating ecstatic corneal diseases, such as keratoconus and pellucid marginal degeneration, is further augmenting the market growth.
Apart from this, the elevating product innovations, including the development of three-dimensional (3D) printed artificial corneas with enhanced biocompatibility and customizability, are also catalyzing the global market.
Moreover, the escalating product demand to treat cloudy cornea caused by prolonged exposure to digital screens is expected to bolster the artificial cornea and corneal implant market in the coming years.
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Global Artificial Cornea and Corneal Implant Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Advancing Sight Network, AJL Ophthalmic S.A., Aurolab, Corneat Vision Ltd, EyeYon Medical, Florida Lions Eye Bank, Keramed Inc., L V Prasad Eye Institute, LinkoCare Life Sciences AB, Mediphacos, Presbia PLC and San Diego Eye Bank.
The report has segmented the market on the basis of region, type, transplant type, disease indication and end user.
Breakup by Type:
• Human Cornea
• Artificial Cornea
Breakup by Transplant Type:
• Penetrating Keratoplasty
• Endothelial Keratoplasty
• Anterior Lamellar Keratoplasty
• Keratoprosthesis
Breakup by Disease Indication:
• Fuchs' Dystrophy
• Fungal Keratitis
• Keratoconus
• Others
Breakup by End User:
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/artificial-cornea-corneal-implant-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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