Press release
Corneal Implants Market Size, Share, Trends, Analysis and Forecast To 2025
Corneal Implants Market
A market review and study on the global corneal implants market and its growing business
The global corneal implants market is valued at $XX million in 2017, and is expected to reach $XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Changing aspects of global corneal implants market
According to the Eye Bank Association of America, over 80-90% population over the age of 40 years is affected by presbyopia. Global corneal implants is booming with positive outcomes due to various factors such as-
• Increased number of corneal surgeries and keratoplasty cases
• Increased cataract development with rising number of older population
• Higher demand of ocular technological advancements in implants
• Aesthetics demand among young patients are fueling the global corneal implants market.
Nonetheless, the lack of a skilled professionals to perform the ocular procedures and possible side effects or damage related with the use of ocular implants to the eyes can hinder the growth of the ocular implants market.
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Market summary:
The global corneal implants have several local and international market players who are running the implant business strong. The key players in the ocular implants emphasize on patient requirements, developing new designs and technologies with can be customize in order to gain large traction of business in the ocular implants market. In addition to this, the service providers are educating and sharing information about implantation surgeries and post-surgery precautions.
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Regional analysis
The dominating market in global study are North America and Europe due to acceptance of newer and minimal invasive techniques by patients, and higher number of patients suffering from ocular and ophthalmic conditions.
It is said by EU National Statistics, that more than half of the European will be suffering from presbyopia by 2030 which can fuel the global corneal implants market.
Due to increasing use of technological devices such as laptops, smartphones, youngsters in Asia-Pacific regions are observed to have presbyopia-like symptoms. In addition to this, lifestyle changes, higher number of older population are also fueling the corneal implants market.
Market summary:
With increased cases of visual impairment related surgeries and availability of assistive financial aid boost the new market players to bring out new and innovative products. Strategies such as agreements, partnerships, acquisitions and collaborations with other market players are adopted to tap into lucrative opportunities in the various geographical regions.
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Notable market development:
The Raindrop Near Vision Inlay was approved by US FDA in 2016 for improvement of near vision in presbyopia condition.
Some of the key players in the global corneal implants are-
• ReVision Optics (U.S.)
• AcuFocus, Inc. (U.S.)
• Presbia PLC (U.S.)
• KERAMED, INC. (U.S.)
• PowerVision, Inc. (U.S.)
• Ocular Systems (U.S.)
• Cornea Bioscience(Singapore)
• DIOPTEX (Austria)
The global corneal implantable devices market is divided into following categories-
By type of implant
• Refractive Corneal Implantable Device
• Corneal Reshaping Implantable Device
• Small Aperture Corneal Implantable Device
By end-users
• Hospitals
• Ophthalmic Clinics
• Retail Ophthalmic Stores
By geographical regions
• North America
• Latin America
• Asia-Pacific
• Europe
• The Middle East & Africa
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