Artificial Cornea and Corneal Implant Market To Reach Over USD 696.18 Million By 2028

The "Artificial Cornea and Corneal Implant Market forecast to 2028 - covid-19 impact and global analysis" report added to the insight partners has covered and analyzed the potential of global Artificial Cornea and Corneal Implant Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global market. Additionally, the report also highlights market entry strategies for various companies across the globe.

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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.

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.

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Transplant Type-Based Insights
By transplant type, the artificial cornea and corneal implant market is segmented into penetrating keratoplasty, endothelial keratoplasty, and others. The penetrating keratoplasty segment is likely to hold the largest share of the market in 2021; however, the endothelial keratoplasty segment is expected to register the highest CAGR during 2021-2028.

Disease Indication-Based Insights
The artificial cornea and corneal implant market, by disease indication, is segmented into Fuchs' Dystrophy, keratoconus, fungal keratitis, and others. The Fuchs' Dystrophy segment is likely to hold the largest share of the market in 2021; however, the fungal keratitis segment is anticipated to register the highest CAGR of 7.8% during the forecast period.

End User-Based Insights
The artificial cornea and corneal implant market, by end user, is segmented into hospitals, specialty clinics and ASCs, and others. The specialty clinics and ASCs segment would hold the largest share of the market in 2021, and it is anticipated to register the highest CAGR of 7.8% in the market during the forecast period.

The prominent/emerging players in the Artificial Cornea and Corneal Implant Market research include:
• 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

Company overview:
Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial performance:
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title "financial performance" (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (sbus) and others.

Product benchmarking:
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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