openPR Logo
Press release

Market Analysis: Intraocular Lens (IOL) Market on the Rise

01-22-2020 01:31 PM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd

Market Analysis: Intraocular Lens (IOL) Market on the Rise

The global intraocular lens (IOL) market size is projected to reach USD 5,318.8 million by 2026, thereby exhibiting a CAGR of 6.8% during the forecast period. However, the market was worth USD 3,159.3 million in 2018. This information is published in a recent report by Fortune Business Insights™, titled, “Intraocular Lens (IOL) Market Size, Share & Industry Analysis, By Type [Monofocal Intraocular Lens and Premium Intraocular Lens (Multifocal Intraocular Lens, Toric Intraocular Lens, and Others)], By Material [Polymethylmethacrylate (PMMA) and Foldable (Hydrophobic Acrylic, Hydrophilic Acrylic, and Silicone & Collamer)], By End User (Hospitals & Ambulatory Surgery Centers, Specialty Clinics, and Academic & Research Institutes) and Regional Forecast, 2019-2026.” The report further states that the market is set to gain impetus from the rising number of NGOs offering free cataract surgeries and eye examinations.

Highlights of the Report:

In-depth analysis of various insights, namely, Intraocular Lens (IOL) Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Intraocular Lens (IOL) Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/intraocular-lens-market-101220

Key Players Operating in The Intraocular Lens (IOL) Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

Alcon
Johnson & Johnson Services, Inc.
Bausch & Lomb Incorporated
HOYA Corporation
STAAR SURGICAL
Rayner Intraocular Lenses Limited
Oculentis
Hanita Lenses
SIFI S.p.A

North America to Dominate: Increasing Technological Advancements Will Favor Growth

The market is geographically segregated into Asia Pacific, Europe, the Middle East and Africa, North America, and Latin America. Out of these, North America had generated USD 892.9 million IOL market value in 2018. It is set to retain its dominant position throughout the forecast period. It is likely to occur because of the increasing number of new product launches as well as the ongoing technological advancements, such as the Extended Depth of Focus (EDoF) and custom cataract lens.

Europe is expected to expand at a fast pace owing to the growing preference for toric lenses, rising adoption of femtosecond lasers for cataract surgery, and an increasing number of cataract surgery. Besides, various industry giants are present in this region. It would also contribute to the market growth.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/intraocular-lens-market-101220

Rising Government Initiatives to Eliminate Cataract Will Boost Growth

The incidence of cataracts is rising at a rapid rate nowadays. It is, in turn, causing huge health as well as an economic burden in several countries. Therefore, the governments of these countries are launching various initiatives to eliminate cataracts. One such global initiative is called ‘Vision 2020’. It was put forward by the International Agency for the Prevention of Blindness (IAPB) to remove the major causes of avoidable blindness from the world. Additionally, the governments are conducting eye checkup camps and launching favorable reimbursement policies to achieve their target of Vision 2020. It is expected to augment the intraocular lens market growth during the forecast period.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Prevalence of Cataract - For Key Countries/Regions
Number of Cataract Surgery - For Key Countries/Regions
Overview of Government Cataract Initiatives
Regulatory Scenario - For Key Countries/Regions
Reimbursement Scenario - For Key Countries/Regions
New Product Launches
Key industry Developments - Mergers, Acquisitions and Partnerships
Global Intraocular Lens (IOL) Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Type
Monofocal Intraocular Lens
Premium Intraocular Lens
Multifocal Intraocular Lens
Toric Intraocular Lens
Others
Stimulation Devices
Market Analysis, Insights and Forecast – By Material
Polymethylmethacrylate (PMMA)
Foldable
Hydrophobic Acrylic
Hydrophilic Acrylic
Silicone & Collamer
Market Analysis, Insights and Forecast – By End User
Hospitals & Ambulatory Surgery Centers
Specialty Clinics
Academic & Research Institutes
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
TOC Continued…..

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/intraocular-lens-market-101220

Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Intraocular Lens (IOL) Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the Intraocular Lens (IOL) Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Intraocular Lens (IOL) Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email:sales@fortunebusinessinsights.com

Linkedin | Twitter | BLogs

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 Market Analysis: Intraocular Lens (IOL) Market on the Rise here

News-ID: 1904527 • Views: 472

More Releases from Fortune Business Insights Pvt. Ltd

Offshore Drilling Market To Boom Industry Size: 2022, Growth Perspectives, Devel …
The global offshore drilling market size stood at USD 31.26 billion in 2018 and is projected to reach USD 56.97 billion by 2026, exhibiting a CAGR of 7.9% during the forecast period. | 2022 Energy And Power Industry Global Analysis by Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights. Request a
Essential Oils Market Development, Revenue, Future Growth and Forecast to 2029
The global essential oils market size is set to gain traction by reaching USD 18.25 billion by 2028 while exhibiting a CAGR of 9.57% in the forecast period. This information is given by Fortune Business Insights™ in its report, titled, "Essential oils Market, 2021-2028." The report further observes that the market stood at USD 8.74 billion in 2020. The rising trend of green consumerism and natural inputs for food preservation
Bubble Tea Market Growth, Industry Striking Revenue Forecast by 2027
The global bubble tea market growth is set to gain traction from its possession of numerous health benefits. Boba tea acts as an antioxidant. It is also preferred by health-conscious consumers owing to its low-fat and low-calorie content. Fortune Business Insights™ published this information in a new report, titled, "Bubble Tea Market Size, Share & Covid-19 Impact Analysis, By Type (Black Tea, Green Tea, Oolong Tea, and White Tea), Flavor
Aerospace Additive Manufacturing Market Share, Size, Trend, Demand, Analysis by …
The global aerospace additive manufacturing market size is expected to grow substantially because of the rising demand for complex aircraft parts. The incorporation of the manufacturing technique is expected to facilitate market development. Fortune Business Insights™ mentions this information in its report titled "Aerospace Additive Manufacturing Market, 2021-2028." Aerospace additive manufacturing is a 3D printed aircraft component manufacturing technique that effectively produces customizable parts using lightweight and durable components. It reduces

All 5 Releases


More Releases for Lens

Global Corrective Contact Lens Market Analysis Forecast 2022-2028 Global Industr …
The Corrective Contact Lens Market research report offers key values on the state of the industries. The study involved research on landscape-specific skill as well as detailed information on each section. The Corrective Contact Lens research report highlights inner and outer examination of the current worldwide Corrective Contact Lens market. This Corrective Contact Lens market report includes major competitors and players involved in the market. The classification also involves the
Global Lens Cleaner Market, Global Lens Cleaner Industry, Covid-19 Impact Global …
Lens cleaner is used to disinfect eyeglass lenses, contact lenses, and digital camera lenses. It plays a significant role in improving the hygiene & safety of the contact lenses. It is highly preferred for spectacle & contact lens cleaning. On the other hand, wipes and tissues for cleaning digital cameras are most preferred. The wipes are available in wet or dry form depending on the needs of the end user.
Global Lens Cloth Market, Global Lens Cloth Industry, Covid-19 Impact Global Len …
Lens cloth is special type of cleaning cloth, which is generally made from different fabrics. This type of cloth can be micro-fiber cloth or wet wipes that depend on the lens to be cleaned. It helps remove dirt and grease particles that stick to the lens in daily use. Cleaning the lens helps to preserve the life of expensive lenses and prevents scratches on the lens surface. Microfiber lens cloths
Infrared Lens (IR Lens) Market: Competitive Dynamics & Global Outlook 2026
Market Research Report Store offers a latest published report on Infrared Lens (IR Lens) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This intelligence Infrared Lens (IR Lens) Market report by Market Research Report Store includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end
Soft Contact Lens Market | Daily Wear Contacts Lens, Extended Wear Contacts Lens …
Soft contact lens are used to correct the vision of the eye. These lenses are made of soft water absorbing flexible and translucent polymers (hydrogels) and a high amount of plasticizer. These are more flexible than the hard contact lens and can be easily molded into the desired shapes. Soft contact lens fit easily to the eyeball compared to a rigid gas-permeable lens and provides comfort. Most contact lens patients
CMOS Camera Lens Market Outlook 2022:Analysis By Type(Ordinary CMOS Camera Lens, …
CMOS Camera Lens Market Overview Brief Description:Miniature CCD/CMOS lenses are designed to provide optimal image performance for a variety of applications using CCD/CMOS imaging sensors. Typical consumer product applications include: digital cameras, PC cameras, cell phone and PDA cameras, security cameras, etc The Global CMOS Camera Lens Market skilled Survey Report scrutinizes the prevailing state of affairs and also the destiny growth potentialities of the business. It covers the market place