Press release
Artificial Cornea and Corneal Implant Market Set to Garner Staggering Revenue of US$ 696.18 million by 2028
An artificial cornea implantation surgery is performed to remove all or a part of the damaged cornea, followed by replacing it with healthy donor tissue. Currently, there is a shortage of cornea donors worldwide, and eye and tissue banking processes are in initial stages in many countries. Meanwhile, there is always a possibility that the human eye would reject the transplant, which can cause an infection to eye or the lack of vision. Cornea Implant is usually performed to treat conditions such as keratoconus and certain degenerative diseases. The artificial cornea tissue is made from polymer plastic such as silica material. Artificial cornea implant is of two types synthetic cornea implant and biosynthetic cornea implant.The Artificial Cornea and Corneal Implant Market to reach US$ 696.18 million by 2028 from US$ 421.86 million in 2021; it is expected to grow at a CAGR of 7.4% during 2021–2028.
The report titled Artificial Cornea and Corneal Implant market has been recently added to the database of The Insight Partners. The firm has precisely crafted the report based on real-time facts and figures, therefore, establishing an in-depth synopsis of the competitive landscape of the global market, and helping stakeholders understand the primary threats and prospects of investing in it. An all-inclusive analytical review has been done to create a standardized founding to understand the primary threats and prospects that vendors in the market are expected to deal with.
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Top Key Players:
• AJL OPHTHALMIC S.
• ADVANCING SIGHT NETWORK
• Aurolab
• CORNEA BIOSCIENCES INC.
• LinkoCare Life Sciences AB
• KERAMED, INC.
• EyeYon Medical
• Florida Lions Eye Bank
• Corneat Vision
• CorneaGen
Market Insights
3D Printed Artificial Corneas to Come up as Significant Future Trend in Artificial Cornea and Corneal Implant Market
3D printed artificial corneas made from stem cells and acellular corneal stroma have a potential to replace donated cornea in eye surgery. A team of researchers from the Pohang University of Science and Technology, and the Kyungpook National University School of Medicine in South Korea collaborated to 3D print artificial corneas using tissue-based bio-inks; the research has been published in "Biofabrication." Since the 3D printed corneas are made from corneal tissue materials, they are biocompatible, and the corneal microenvironment is reproduced through 3D cell printing technology to make them transparent, like human cornea. The 3D printed artificial corneas also help overcome the complications related to synthetic cornea implanted in patients with cataracts and other ocular complications.
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Artificial Cornea and Corneal Implant’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.
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Some of the key points covered in this report are:
This report offering the outline of the market, market size and share, and growth rate over the forecast period 2021-2028
The report covers the data of the top regions, product type, application, market value and size, industry verticals, and end-users of the market.
It also states the up-to-date landscape, historical data, and future forecast of the market.
To realize the supply and demand analytics, including supply and consumption ratio, mapping of the market has been carried out.
Porter’s five forces analysis and SWOT analysis, including the cost structure analysis, has been carried out in this report.
The report also offers a Six-year prediction examination on the basis of how the market is foreseen to grow.
The productivity of the several industries has been scrutinized by considering the different factors. Finally, it focuses on the requirements of the clients from several global regions such as North America, Latin America, Asia-Pacific, Europe, and India. Facts and figures about various financial terms have been analyzed by considering the several key points such as prices, market shares, and profit margin. It examines the different modules for evaluation of the risks and threats.
The result of porter’s five and SWOT analysis had been discussed through this extensive Artificial Cornea and Corneal Implant Market. Overall, this study witness offers cutting-edge as well as the futuristic commercial enterprise outlook. Then again, it also discusses the worldwide buying and selling concept with admire to the cutting-edge market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3Executive Summary
4 Premium Insight
5 Market Overview
6 Artificial Cornea and Corneal Implant Market, By Type
7 Market, By End User
8 Artificial Cornea and Corneal Implant Market, By Region
9 Competitive Landscape
10 Company Profiles
11 Appendix
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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Artificial cornea implant is a surgery to eliminate all or part of a damaged cornea and replace it with healthy donor tissue. But, currently there shortage of cornea donor worldwide and eye and tissue banking is also not carrying in many countries. Meanwhile there is always possibility that human eye will reject the transplantation which can cause infection or lack of vision.
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