Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025 | Emphasis on Material Type (Fiber Artificial Iris, Fiber-free Artificial Iris), Colour (Blue Colour Artificial Iris, Brown Colour Artificial Iris, Other Colou
For Regional/country-level analysis of the overall adoption and sales of Artificial iris browse through - https://univdatos.com/report/artificial-iris-market-current-scenario-and-forecast-2019-2025
Fiber and fiber-free artificial iris are the two major types of artificial iris available for sale in the market. The two models are identical in every respect except that the fiber model has a polyester meshwork layer embedded in it to provide adequate tear strength to withstand suturing. The fiber-Free model is suitable for sutureless implant techniques or can be sutured. The fiber-embedded device is more robust to tighter sutures and is less likely to induce cheese wiring or tearing under higher suture tensions, though it is stiffer to fold. In 2018, Fibre-free artificial iris dominated the market. The fiber model is composed of an embedded polyester meshwork layer to provide ample tear strength to withstand suturing whereas, the fiber-free model is suitable for sutureless implant techniques or can be sutured. Fiber artificial iris is expected to witness a CAGR growth of 7.01% during the analyzed period. The colour of the eye in humans is determined by the pigmentation of the iris. Several coloured artificial irises are available in the market such as blue, brown, hazel, grey and others. Iris implant surgery can permanently alter the colour of the eyes. This is not a legitimate medical practice as there is a high degree of risk for irreversible vision loss. The surgery was initially developed to repair the iris (or outright replace it) in the event of trauma or illnesses that affect the eye, like cataracts or glaucoma. A side effect of this kind of treatment is a permanent change in eye colour, which led to a demand for the procedure for cosmetic reasons. Therefore, the artificial iris has two major application therapeutics and cosmetic surgery. The brown colour artificial iris segment is expected to generate revenue of US$ 5.65 million by 2025.
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Both adults and pediatrics suffer from the aniridia as it is a congenital, hereditary, bilateral, extreme form of iris hypoplasia that may be associated with other ocular defects. The artificial iris implantation can be done in adults as well as paediatrics. However, adults undergo more of this procedure. It accounted for a market share of 90.1% in 2018 and expected to dominate the market in the upcoming years. Patients can undergo implantation in hospitals, eye centres and other end users. The explicit rise in people suffering from eye-related diseases will positively affect the growth of hospitals and physician centres. Based on the application, the market has been bifurcated into cosmetic and therapeutic. Cosmetic applications are for the patients who are self-conscious about the appearance of their eyes with an abnormal pupil. The therapeutic application of artificial iris is for the patient suffering from traumatic iris defects. In 2018, the Cosmetic application segment generated revenue of US$ 2.12 million. However, the Therapeutics application segment is expected to witness a CAGR growth of 6.28% during the analyzed period.
For company and country-level analysis of the current and future development under the Artificial iris, technology browse through - https://univdatos.com/report/artificial-iris-market-current-scenario-and-forecast-2019-2025
For a deep-dive analysis of the overall adoption and penetration of Artificial iris technology, detailed region/country level study was conducted for major region/county including North America (US, Canada, Rest of North America), Europe (Germany, Netherlands, Rest of Europe), Asia-Pacific (China, Japan, India and Rest of Asia-Pacific) and Rest of the World. Due to the increasing awareness of Artificial Iris services and high R&D expenditure on Artificial Iris Europe dominates the global artificial iris market. In 2018, Europe represented as the highest revenue-generating region, accounting for 41% share, followed by North America and Asia-Pacific. Asia-Pacific is expected to witness a CAGR growth of 6.96% during the analyzed period 2019-2025. Some of the major companies profiled in the global Artificial Iris study include Ophtec, HumanOptics AG, Morcher, ReperNN, VEO Ophthalmics, Spectrum Surgical, Eye-yon Medical and Pixium vision. These industry players are entering into partnerships for the expansion of their reach and proving patients with better technology. Moreover, these companies are spending huge amounts on R&D for the production of state of the art technology.
Global Artificial Iris Market Segmentation
Market Insights, by Material Type
Fiber Artificial Iris
Fiber Free Artificial Iris
Market Insights, by Age-group
Market Insights, by Colour
Market Insights, by Application
Market Insights, by End User
Eye Surgery Centers
Market Insights, by Region
North America Artificial Iris market
Europe Artificial Iris market
Asia Pacific Artificial Iris market
Rest of the World Artificial Iris market
Top Company Profiles
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