openPR Logo
Press release

Intraocular Lens Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

04-30-2018 02:15 PM CET | Health & Medicine

Press release from: Medical Devices

Intraocular Lens Market - Global Industry Insights, Trends,

Intraocular lens is a minute artificial lens used to replace the eye’s natural lens that is removed during the cataract surgery, this lens is called as an intraocular lens (IOL). A person with cataract has a cloudy lens. Things look less colorful, blurry, and hazy with a cataract, which is a leading cause of blindness globally. Intraocular lenses are also used for refractive lens exchange, which is a vision correction surgery. When the intraocular lens were not in use, a patient whose cataract has removed, had to wear a very thick eyeglass or special contact lenses in order to see after the cataract surgery. A variety of intraocular lenses are available and person can choose the best lens according to his lifestyle or specific visual need. Various premium intraocular lenses have been approved by U.S. Food and Drug Administration (FDA) for use by cataract surgeons. This premium lenses has advantage over single vision intraocular lens that are covered with Medicare and other types of healthcare insurance.

Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/690

Rising incidence of ophthalmic and ocular conditions driving the intraocular lens market

The major factors which are driving the intraocular lens market includes increasing incidence of ophthalmic and ocular conditions, risk of cataract among diabetic patients. According to World Health Organization (WHO) in 2010 the total number of persons with visual impairment was estimated to be 285 million, including 39 million blind people among those 80% were above age of 50. Another factor which is driving the intraocular lens market is risk of ocular complications among the diabetic patients. For instance, the data published by International Diabetic Federation in 2011 showed that diabetes affects more than 240 million people worldwide which can lead to ocular complications such as diabetic retinopathy, cataract, diabetic papillopathy, glaucoma and ocular surface disease. Introduction of technologically advanced products such as accommodative multifocal intraocular lenses, preference shift from conventional intraocular lenses to foldable lenses, increasing government initiatives and rising adoption for premium intraocular lenses are expected to boost growth of the intraocular lens market.

However, high cost, lack of reimbursement and post-operative complications such as refractive errors are some factors that are hindering the growth of intraocular lens market. The opportunities for global intraocular lens market include availability of advance technologies of micro-incision cataract surgery and femtosecond lasers and multi-distance vision capabilities is a global trend for intraocular lens market.

The increase in population with the need of vision correction surgery is expected to propel the growth of intraocular lens market in North America

Regional segmentation of intraocular lens market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Africa, and Middle East. North America dominates in the intraocular lens market owing to factors such as geriatric population, affluence of the American baby boomer generation and the ability of surgeons to bill for premium refractive outcome. According to data provided by Vision Council in 2015, around 76.2% adults had vision correction surgery in the U.S., this factors are contributing to the growth of the intraocular lens market. Asia Pacific is another region which has large share in the intraocular lens market. Factors such as government initiatives and awareness to avoid the blindness, are expected to fuel the growth of intraocular lens market in Asia Pacific.

Access Table of Content (TOC) Of the Report: https://www.coherentmarketinsights.com/ongoing-insight/toc/690

The highly competitive intraocular lens market is subject to change to the technological advancement and industry standards

Key players operating the global intraocular lens market are Abbott medical Optics Inc., Alcon Inc., Rayner Intraocular lenses limited, Eyekon Medical, Bausch & Lomb Incorporated, Carl Zeiss Meditec AG, Lenstec, HumanOptics AG, STAAR Surgical Company and Hoya Corporation. The intraocular lens industry is highly competitive and there should be changes according to technological advancement and evolving industry requirements and standards. The competition among the industry players is based on the factors such as technological leadership and innovation, quality and efficacy of the products, relationships with eye care professionals and healthcare providers, pricing, and breadth and depth of product offering.

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit our news Website: http://www.coherentchronicle.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Intraocular Lens Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025 here

News-ID: 1034847 • Views: 162

More Releases from Medical Devices

Medical Aesthetics Market - Global Industry Insights, Trends, Outlook, and Oppor …
Medical aesthetics is an area of medicine, dealing with aesthetics, well-being, external appearance, visible skin changes, and image of the patient. Medical aesthetics involve high-technology skin care procedures that represents the fusion of beauty and healthcare services. Procedures for these involves use of advanced technologies to enhance aesthetics of the person. Demand for anti-aging products and procedures is increasing significantly, owing to increasing focus of patients to look young and
Ophthalmic Ultrasound Imaging Systems Market - Global Industry Insights, Trends, …
Ophthalmic ultrasound imaging system is non-invasive visualization technique, which is more convenient and relatively inexpensive as compared to other techniques such as optical coherence tomography (OCT), magnetic resonance imaging (MRI), and scanning Scheimpflug. Ophthalmic ultrasound imaging systems allow imaging of anatomy and pathology involving the anterior and posterior segment of the eye. This system provides diagnostic information in conditions such as glaucoma, trauma, cysts, and neoplasms. It also allows measurement
Eye Anatomical Model Market - Global Industry Insights, Trends, Outlook, and Opp …
Eye anatomical model refers to the type of reference models that are used to study the internal and external structures of the eye. These models are majorly used by educational institutes and optometry departments by professors to explain the internal and external anatomy of the eye in detail. These are also found to be used by professional healthcare providers such as ophthalmologists as well as opticians to educate their patients
Clostridium Difficile Diagnostics and Treatment Market – Insights
Clostridium difficile is a disease caused by bacteria. Symptoms of the disease includes diarrhea, nausea, colon inflammation, and others. Clostridium difficile infection affects older adults, and according to Centers for Disease Control and Prevention (CDC), 2015, clostridium difficile infection is the most common healthcare-associated infection. Furthermore, frequent use of antibiotic medication is also responsible for clostridium difficile infection, as antibiotics kill normal flora (good bacteria) and allow for multiplication of

All 5 Releases


More Releases for Intraocular

Intraocular Lens Market - Global Forecast to 2025
Intraocular Lens (IOL) implantation enables restoration of normal vision and significantly reduces problems associated with cataract spectacles and contact lenses. Surgical techniques for extracting the human lens continued over time by means of incision size. In later days, invention of implantable, tolerable and technically feasible IOL was revolutionized in cataract surgery. In case of IOL material, Rigid or Polymethylmethacrylate (PMMA) was preferred intraocular lens material for a long time due
Intraocular Lens Market - Global Forecast to 2025
Intraocular Lens (IOL) implantation enables restoration of normal vision and significantly reduces problems associated with cataract spectacles and contact lenses. Surgical techniques for extracting the human lens continued over time by means of incision size. In later days, invention of implantable, tolerable and technically feasible IOL was revolutionized in cataract surgery. In case of IOL material, Rigid or Polymethylmethacrylate (PMMA) was preferred intraocular lens material for a long time due
Intraocular Melanoma Treatment Market Drivers
Neurological disorder diagnostics tools are medical devices, which are used in diagnosis of various neurological disorders such as Alzheimer’s disease (AD), Parkinson’s disease (PD), and Multiple Sclerosis. The devices which are majorly used in diagnosis are imaging tools such as Computed Tomography (CT), Magnetic Resonance Imaging (MRI), and in-vitro diagnostics tools such as biomarker and biopsy. Increasing prevalence of neurological disorders in the recent past has increased demand for diagnostic
Intraocular Irrigation Solutions Market : Analysis & Trends 2025
Intraocular ophthalmic irrigation maintains the natural anatomic and physiologic integrity of eye. Intraocular ophthalmic irrigation finds applications in ophthalmic surgical procedures of the eye as well as to relieve symptoms of eye injury caused by chemicals or allergens. Intraocular irrigation solutions are formulated with chemical composition similar to secretions of the eye to achieve physiological pH of the eye to minimize eye discomfort. These are the first choice of treatment
Intraocular Lens market Future Trends 2022
The Global Intraocular Lens Market Research Report provides detailed analysis of the key regional market status of the Intraocular Lens Industry. According to Stratistics MRC, the Global Intraocular Lens market is accounted for $3.74 billion in 2016 and is expected to reach $5.49 billion by 2022 growing at a CAGR of 6.6% during the forecast period 2016 to 2022. Prevailing incidences of cataract surgeries across the globe had created predominant market
Intraocular Lens Market:Global Industry Analysis 2024
Global Intraocular Lens Market: Overview Cataract is an eye disease characterized by cloudiness / opaqueness of the natural lens of the eye, which leads to diminished vision, and if not treated leads to permanent loss of vision. Intraocular Lens is a type of lens implanted in the eye, for the treatment of cataract. Cataract is considered as one of the most common eye disease, and World Health Organization estimates that cataract