Global Intraocular lenses market was valued at $5.26 billion by 2026 with a CAGR of 5.6% from 2020 to 2026

Global Intraocular Lenses Market Analysis 2016-2020 and Forecast 2021-2026

Intraocular lens is implanted in the eye for cataracts or myopia treatment. Intraocular lens helps for clear vision after cataract surgery. The intraocular lens is an artificial lens placed inside the eye that replaces the focusing power of the natural lens. The most common type of intraocular lenses is the pseudophakic IOL.

Rising prevalence of ophthalmic disorders is a key driving factor of the market. According to the World Health Organization (WHO), globally, around 1 billion have vision impairment in 2018. According to the Centers for Disease Control and Prevention (CDC), globally, 123.7 million people suffer from unaddressed refractive error, 65.2 million people suffer from cataract, and 3 million people suffer from diabetic retinopathy. An estimate of 3 million Americans will be affected by age-related macular degeneration (AMD) by 2020. By 2028, an estimate of 30 million Americans will have cataracts. Furthers, increasing regulatory approval for intraocular lenses is boosting the market growth. For instance, Johnson & Johnson Vision has received the Food and Drug Administration (FDA) approval of TECNIS Toric II 1-Piece Intraocular Lens (IOL). TECNIS Toric II platform offers surface texture and friction on the IOL haptics, which holds an IOL in proper position within the eye.

Top key players @ Accu-Lens Inc, Alcon (Novartis), ClarVista, Conforma, Cooper Companies, Hoya Corporation, Innovega, InnoVision, Johnson & Johnson, Mediphacos, Menicon Group, Morcher GmbH, Nidek, OcuLentis GmbH, VSY Biotechnology, and Zeiss (Wohlk Contactlinsen)

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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Multifocal Intraocular Lens, Monofocal Intraocular Lens, Accommodative Intraocular Lens, and Toric Intraocular Lens is the type segment of the market scope. By end user, the market is divided into Hospitals, Ambulatory Surgery Centers, Ophthalmic Clinics, and Others. The report covers value of the global market by type and end user.

Monofocal intraocular lens has shown significant growth in 2019, due to the technological advancement, increasing investments for intraocular lens by the companies, the partnership between companies to expand their intraocular lens at the global scale and commercialization of regulatory approved intraocular lens.

North America, Europe, Asia Pacific, South America, and Middle East & Africa are taken into consideration at the global intraocular lenses value figures. While North America is further categorized into enhancing the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involving GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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