Press release
Intraocular Lens (Iol) Market Updates 2018 | Top Most Players | Rayner, Alcon, EyeKon, HOYA GROUP, Johnson & Johnson, Carl Zeiss Meditec, Lenstec
Intraocular Lens (Iol) Market
Intraocular Lens (IOL) Market - Competitive Insights:
The leading players in the market are Rayner, Alcon, EyeKon, HOYA GROUP, Johnson & Johnson, Carl Zeiss Meditec, Lenstec Inc, STAAR Surgical Company, Valeant Pharmaceuticals and HumanOptics AG. Leading players are focusing on surgical advancements for ophthalmic issues at less cost. Top manufacturers of intraocular lenses are investing in mergers and acquisitions to broaden revenue share and diversify product portfolio.
Intraocular Lens (IOL) Market – Industry Highlights
The Intraocular Lens (IOL) Market was worth USD 3.08 billion in the year of 2014 and is expected to register itself at a compound annual growth rate (CAGR) of 5.78% during the forecast period. Rising occurrence of cataract because of a vast aging statistic section and rising instances of diabetic retinopathy are boosting the intraocular lenses market. Growing instances of visual impairment, surge in healthcare expenditure limit, and developing number of ophthalmologists are likewise supporting the market. Monofocal IOLs are seen as a conventional resolution for retinal adjustment. These lenses have a certain focus for one distance and are most advantageous for patients with cataract in both eyes. Their implementation is additionally high since they fill in as a minimal effort arrangement.
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Industry Outlook and Trend Analysis:
Hospitals have been announcing maximum cataract surgeries and are foreseen to hold their predominance as an end-use portion in the market for intraocular lenses. Accessibility of facilities that are technologically advanced for retinal scans and diagnosis of corneal issue is pushing its growth. Critical patients are frequently reoffered to super specialty ophthalmic facilities. Ambulatory surgery centers have been picking up prominence in the market for intraocular lenses inferable from miniaturization of surgical devices and accessibility of specialists.
Industry updates: Intraocular Lens (IOL) Market
Alcon Laboratories, Inc. Presents at B2B Online 2018, May-08-2018 11:35 AM. Venue: Omni Chicago Hotel, 676 N Michigan Ave., Chicago, Illinois, United States. Speakers: Julie Collins, Director, Global Head of eCommerce/Digital Marketing.
Alcon Laboratories has agreed to pay more than $16 million to settle allegations of manufacturing drugs and medical devices in the US and then shipping them to Iran, Syria and Sudan despite US trade embargoes that prohibit such sales. According to the settlement agreement with the US Department of Commerce, Texas-based Alcon Labs and Alcon Pharmaceuticals sent at least 100 shipments of devices and medical equipment worth more than $8 million between 2008 and 2011 to Iran via Switzerland. Between 2008 and 2012, Alcon also sent more than $70,000 worth of medical devices and equipment to Syria without a license, as well as more than 400 unlicensed sales and exports to Sudan.
A settlement has been approved by the Superior Court of Quebec in a class action lawsuit about the labeling of some of Johnson & Johnson's Inc.'s Baby Bedtime Bath Products. The plaintiff in the lawsuit claimed the company mislabeled certain Baby Bedtime Bath Products by describing them as "clinically proven" to help a baby sleep better. Johnson & Johnson Inc. has denied the allegations and the Court did not determine who is right or wrong. The settlement provides that eligible residents of Canada may claim a cash refund of up to $3.00 per eligible product purchased, to a maximum of five (5) eligible products per household. No proof of purchase is required. Canadian residents are eligible to make a claim if they purchased one of the following eligible products, in Canada, during the period starting July 1, 2010 and ending March 23, 2018.
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Intraocular Lens (IOL) Market - By Region:
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
Reason to Buy:
1) An extensive research study on the Global Intraocular Lens (IOL) Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Intraocular Lens (IOL) Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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