Focus on Growth: Navigating the Competitive Landscape of Intraocular Lens Market | CAGR of 5.6%

Allied Market Research recently said Cataract surgery is one of the most common surgeries performed worldwide. During the surgery, the cloudy natural lens of the eye is removed and replaced with an artificial lens called an intraocular lens (IOL). The IOL is placed inside the eye, where it remains for the rest of the patient's life. The global Intraocular Lens (IOL) Market was valued at $3.8 billion in 2021, and is projected to reach $6.5 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/request-sample/2092

𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 (𝗣𝗿𝗲 & 𝗣𝗼𝘀𝘁) -

• During the Covid-19 pandemic, patients suffering from cataract and other eye-related issues were hesitant to seek immediate care due to possibility of cross-contamination in hospitals and clinics. Many ophthalmologists had to close their practices temporarily.

• The visits to eye clinics or hospitals lowered down significantly. According to the study conducted by National Center of Biotechnology Information in 2021, the patient visits to eye care hospitals reduced by 3.5% during the pandemic. This, in turn, reduced the demand for intraocular lens and impacted the intraocular lens market negatively.

IOLs have come a long way since their introduction in the 1940s. Initially, IOLs were made of hard plastic and were often associated with complications such as inflammation and discomfort. Today's IOLs are made of soft, foldable materials that can be easily inserted into the eye through small incisions. IOLs are available in various designs and materials to suit the needs of each patient. Monofocal IOLs correct vision at a single distance, either for distance or near vision. Patients who choose monofocal IOLs will need to wear glasses to correct any residual refractive error. On the other hand, multifocal IOLs can correct vision at different distances, reducing the need for glasses after surgery.

Another type of IOL is the toric IOL, which is designed to correct astigmatism. Astigmatism occurs when the cornea is not perfectly round, resulting in blurred or distorted vision. Toric IOLs have different powers in different meridians of the lens, which can counteract the astigmatism and provide clearer vision.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟐𝟐𝟎 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @
https://www.alliedmarketresearch.com/intraocular-lens-market/purchase-options

𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗹𝗮𝘆𝗲𝗿𝘀 𝗔𝗿𝗲 -

• Alcon
• Bausch Health, Inc.
• Carl Zeiss Meditech
• EyeKon Medical, Inc.
• Humanoptics
• Hoya Corporation
• Johnson & Johnson
• Lenstec, Inc.
• Rayner Intraocular Lens Ltd.

Recently, advancements in technology have led to the development of premium IOLs. These IOLs offer enhanced visual outcomes by reducing or eliminating the need for glasses or contacts after surgery. Premium IOLs include trifocal and extended depth of focus (EDOF) IOLs. Trifocal IOLs offer clear vision at near, intermediate, and far distances, while EDOF IOLs provide a continuous range of vision from near to far without the sharp changes in focus associated with multifocal IOLs. In conclusion, IOLs are an essential part of modern cataract surgery, and they have come a long way in terms of design and technology. Patients now have more options to choose from to meet their unique visual needs, and with the right IOL, many can achieve clear vision without relying on glasses or contact lenses.

𝗞𝗲𝘆 𝗙𝗶𝗻𝗱𝗶𝗻𝗴𝘀 𝗼𝗳 𝗧𝗵𝗲 𝗦𝘁𝘂𝗱𝘆 -

• By material, the hydrophobic and hydrophilic acrylic materials segment was the highest contributor to the market in 2021.

• By end user, hospitals dominated the growth of the market.

• North America accounted for a majority of the intraocular lens market share in 2021, and is anticipated to remain dominant during the forecast period.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/purchase-enquiry/2092

𝗚𝗲𝗼𝗴𝗿𝗮𝗽𝗵𝗶𝗰 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 -

The Intraocular Lens Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (USA and Canada)

• Europe (UK, Germany, France and the rest of Europe)

• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

• Latin America (Brazil, Mexico, and the rest of Latin America)

• Middle East and Africa (GCC and rest of the Middle East and Africa)

𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗔𝘀𝗸𝗲𝗱 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀?

Q1. What is the total market value of Intraocular Lens Market report?

Q2. Which are the top companies hold the market share in Intraocular Lens Market?

Q3. Which is the most influencing segment growing in the Intraocular Lens Market report?

Q4. What would be forecast period in the market report?

Q5. What is the market value of Intraocular Lens Market in 2020?

𝗖𝗼𝗻𝘁𝗮𝗰𝘁:

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