Press release
Ocular Implants Market set for rapid growth forecst 2019-2026| Key Players: Alcon , Johnson and Johnson Services, Inc. , Bausch & Lomb Incorporated , ZEISS International , STAAR SURGICAL ,Hoya Corporation ,Glaukos ,Second Sight , Allergan
Ocular Implants Market
Ocular implants are used in the treatment of eye diseases and disorders. The increasing investment in the research and development of newer products will have a direct impact on the growth of the market in the coming years. The advancements in ophthalmic diagnostic technology has led to a wider product adoption. The ease of accessibility of online tools has educated the public regarding different treatment options will contribute to the growth of the market. Growing adoption of advanced ocular devices such as artificial eye and glaucoma devices has opened up a huge potential for the companies operating in the market. The increasing number of regulatory clearances for ocular devices help major companies generate substantial ocular implants market revenue in the coming years.
The report covers :
o Global ocular implants market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast time
frame.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.
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An Overview of the Impact of COVID-19 on this Market :
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this [Market].
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Leading Players operating in the Ocular Implants Market are :
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:
o Alcon
o Johnson and Johnson Services, Inc.
o Bausch & Lomb Incorporated
o ZEISS International
o STAAR SURGICAL
o Hoya Corporation
o Glaukos
o Second Sight
o Allergan
o Other Prominent Players
Increasing Number of Regulatory Approvals Will Aid Market Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals for ocular implants by major companies has made the highest impact on the growth of the market. In January 2018, Glaukus Corporation announced that it has submitted an IDE application to the FDA for 'iStent Infinite.' The company states that this device can be used in the treatment of glaucoma. The report identifies a few of the major FDA approvals of recent times and states their impact on the growth of the global market.
North America Accounts for the Highest Market Share; Use of Advanced Implants to Aid Growth
The report analyses the ongoing ocular implants market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America currently holds the highest ocular implants market share. The presence of several large scale companies, coupled with the high investment by these companies towards the development and distribution of advanced ocular implants will have a positive impact on the growth of the regional market. As of 2018, the market in North America was worth USD 1.75 billion and this value is projected to increase further in the coming years.
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