Press release
Intraocular Lens Market to Reach USD 5,318.8 Million by 2026; Implementation of Vision 2020 to Propel Growth: Fortune Business Insights™
Browse More Information on This Report:
https://www.fortunebusinessinsights.com/industry-reports/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.
Highlights of the Report:
In-depth information about the intraocular lens market trends, growth drivers, hindrances, opportunities, and challenges.
Segmentation of the market in terms of type, material, end user, and geography.
Extensive analysis of the competitive landscape, such as new product launches, contracts, agreements, joint ventures, mergers, and acquisitions.
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.
List of Intraocular Lens Market Manufacturers Include:
Alcon
Johnson & Johnson Services, Inc.
Bausch & Lomb Incorporated
HOYA Corporation
STAAR SURGICAL
Rayner Intraocular Lenses Limited
Oculentis
Hanita Lenses
SIFI S.p.A
Biotech
Other key market players
Have Any Query? Ask Our Expert:
https://www.fortunebusinessinsights.com/enquiry/queries/intraocular-lens-market-101220
Intraocular Lens Market Report 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
North America 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
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
Others
Market Analysis, Insights and Forecast – By Country
S.
Canada
You can Find an In-depth Analysis on “Intraocular Lens Market” by Dr Daniel Stewart Here:
https://www.linkedin.com/pulse/telemedicine-promising-technology-healthcare-industry-stewart/
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