Intraocular Lens Market at a CAGR of 4.89% Rising Enterprise Efficiency and Dominated by Top Competitors (Novartis AG (Alcon), Bausch Health, EyeKon Medical, HumanOptics AG) and Global Forecast to 2024

Global Intraocular Lens Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Intraocular Lens report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies.

Overview of the Global Intraocular Lens Market:

The Global Intraocular Lens Market is growing at a CAGR of 4.89% during the forecast period 2018 – 2024.

Intraocular lenses (IOLs) are implantable medical devices used for vision correction. The key factors propelling the intraocular lens market are increasing ophthalmic issues, growing cases of cataract in the diabetic population, and rising adoption of advanced premium IOLs.

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A large section of people above the age of 60 years is affected by several kinds of ophthalmic issues, which are chronic and demand eye corrections. Owing to such scenarios, the growth IOLs has increased with the demand, offering more precise solutions and varied options for physicians for a particular disease. Moreover, the presence of reimbursement policies for essential ophthalmic surgeries and a definite regulatory framework are enhancing growth in the market.

According to the National Eye Institute, the United States recorded 7.7 million diabetic retinopathy cases and 24 million cataract cases and is expected to reach 11.3 million and 38 million, respectively, by 2030. In addition, the American Association of Ophthalmology states that the major cause of visual impairment around the world is reported to be a cataract, and geriatric ocular issues are emerging as prime factors in the developing countries. Hence, such a rise in the ophthalmic conditions across the world is expected to drive the growth of the IOL market, over the forecast period.

Asia-Pacific is expected to provide the Fastest Growth to the Intraocular Lens Market over the Forecast Period; the Asia Pacific is expected to exhibit the fastest growth in terms of revenue. China and India are expected to show the fastest growth in the Asia-Pacific region. Some of the key driving forces for the intraocular lens market in emerging countries are government initiatives to include eye care in social security systems, a rise in geriatric population, increasing cataract cases, and projected rise in diabetic population.

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Major Key Players:

1 Novartis AG (Alcon)

2 Bausch Health Companies Inc. (Bausch + Lomb)

3 Carl Zeiss Meditec AG

4 EyeKon Medical Inc.

5 HOYA CORPORATION

6 HumanOptics AG

7 Johnson and Johnson Vision Care Inc.

8 Lenstec Inc.

9 Rayner

10 STAAR Surgical Company and More……………

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This study answers to the below key questions:

1 What will the market size be in 2024 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Intraocular Lens Market.

Table of Contents:

1 Introduction

2 Global Intraocular Lens Market Research Methodology

3 Executive Summary

4 Global Intraocular Lens Market Dynamics

5 Global Intraocular Lens Market Segmentation

6 Competitive Landscape

7 Global Intraocular Lens Market Opportunities and Future Trends

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