Press release
Intraocular Lens (IOL) Market Trends in Market Growth: Size, Demand, and Key Players Analysis for 2032| Alcon Inc.,Johnson & Johnson Vision (part of Johnson & Johnson MedTech),Bausch & Lomb
"The global intraocular lens market size was USD 4,21 Billion in 2023 and is calculated at USD 4.43 Billion in 2024. The market is projected to reach USD 7.35 Billion by 2034, and register a revenue 5.2% over the forecast period (2024-2034)."Global Intraocular Lens (IOL) market Size, Status, and Forecast for the 2024-2032. In-depth research has been compiled to provide the most up-to-date information on key aspects of the worldwide market. This research report covers major aspects of the Intraocular Lens (IOL) Market including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future strategies. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche Intraocular Lens (IOL) are aligned with your aims.
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Key players featured in this report include Alcon Inc.,Johnson & Johnson Vision (part of Johnson & Johnson MedTech),Bausch & Lomb,Carl Zeiss Meditec AG,HOYA Corporation,STAAR Surgical Company,Rayner Intraocular Lenses Limited,Ophtec BV,HumanOptics AG,Eyekon Medical Inc.,Lenstec Inc.,Biotech Vision Care Pvt. Ltd.,Oculentis GmbH (Part of Teleflex Incorporated),PowerVision Inc.,Medicontur Medical Engineering Ltd.
📚 Recent Market Developments:
- May 28, 2024: Bausch + Lomb Corporation announced approval from Health Canada for its enVista Envy full visual range intraocular lens, which the company mentioned is also the first global regulatory approval of the new lens. The enVista Envy features ActivSync Optic Intelligent Energy Distribution, which optimizes vision in every lighting condition, and ClearPath technology, which helps reduce light scattering. Bausch + Lomb, in October 2023, had launched the enVista Aspire monofocal and toric intraocular lenses with Intermediate Optimized (IO) optics in the US. Unlike conventional spherical monofocal IOLs and lower-order aspheric IOLs, enVista Aspire optics allow for a range of vision beyond one focal point.
- February 15, 2024: Johnson & Johnson MedTech announced launch of Tecnis PureSee presbyopia-correcting IOL, which features a proprietary, purely refractive design that delivers uninterrupted, high-quality, vision with high best-in-category contrast and low-light performance, comparable to a monofocal IOL. The company announced that the product would be available in Europe, Middle East, and Africa.
📚 Vantage Market Research has provided detailed information about the price points of key manufacturers of Intraocular Lens (IOL) positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
📚 Intraocular Lens (IOL) Market Overview: The intraocular lens (IOL) market is driven by the increasing prevalence of cataracts and other vision-related disorders, especially among the aging population. IOLs are implanted during cataract surgery to replace the eye's natural lens, offering improved vision. Technological advancements, such as the development of premium lenses offering multifocal and toric capabilities, are contributing to market growth. Rising healthcare expenditure and awareness about eye health, coupled with increasing demand for minimally invasive surgeries, are expected to drive significant growth in the IOL market.
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Scope of the Intraocular Lens (IOL) Market:
The Global Intraocular Lens (IOL) Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2032.In 2024, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
The Intraocular Lens (IOL) Market Report Covers Exhaustive Analysis On:
✔ Market Segments
✔ Market Dynamics
✔ Market Size & Demand
✔ Current Trends/Issues/Challenges
✔ Competition & Companies involved
✔ Technology
✔ Value Chain
The global Intraocular Lens (IOL)market segmentation and market data are broken down as follows:
⦿ By Product Type:
Monofocal IOL
Multifocal IOL
Toric IOL
Accommodating IOL
⦿ By Material:
Silicone IOL
Acrylic IOL
Hydrophobic IOL
Hydrophilic IOL
⦿ By Application:
Cataract Surgery
Refractive Lens Exchange
Trauma-induced Cataracts
Pediatric Cataracts
⦿ By End-User:
Hospitals
Ophthalmic Clinics
Ambulatory Surgical Centers (ASCs)
Eye Research Institutes
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Reporting objectives
☛ Estimated market share of major Intraocular Lens (IOL) market segments
☛ To showcase the development of Intraocular Lens (IOL) market in different regions of the world.
☛ Analyze and study the micro market contribution, prospects and individual growth trends of the Intraocular Lens (IOL) market.
☛Provides precise and useful details on factors affecting Intraocular Lens (IOL) growth
☛ Detailed assessment of key business strategies used by leading companies in the Intraocular Lens (IOL) market, including R&D, collaborations, agreements, partnerships, acquisitions, mergers, new developments and product launches.
📚 Intraocular Lens (IOL) Market Research Methodology: The research methodology for the intraocular lens (IOL) market involves both primary research through interactions with ophthalmologists, patients, and manufacturers, and secondary research through detailed analysis of market reports, scientific articles, and company publications. The market segmentation is analyzed by product type, material, end-use, and region. Competitive analysis and trend forecasting are based on historical market data and expert insights.
Geographically, detailed analysis of consumption, revenue, market share and growth rate in:
⦿ Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
⦿ North America (United States, Mexico and Canada)
⦿ South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
⦿ Europe (Turkey, Spain, Turkey, Netherlands, Denmark, Belgium, Switzerland, Germany, Russia, United Kingdom, Italy, France, etc.)
⦿ Asia Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, South Korea, Thailand, India, Indonesia and Australia).
📚 The Intraocular Lens (IOL) market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Intraocular Lens (IOL) market report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Intraocular Lens (IOL) market report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Contents
- Market Summary
- Economic Impact Competition Analysis by Players
- Production, Revenue (Value) by geographical segmentation
- Intraocular Lens (IOL) Market Size by Type and Application
- Regional Market Status and Outlook
- Intraocular Lens (IOL) Market Analysis and Outlook
- Market Forecast by Region, Type, and Application
- Cost Investigation, Market Dynamics
- Marketing Strategy comprehension, Distributors and Traders
- Market Effect Factor Analysis
- Research Finding/ Conclusion
- Appendix
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- Future Uncertainty of Intraocular Lens (IOL)market: Our research and insights help our clients predict the upcoming revenue and growth areas.
- Understand market sentiment: A fair understanding of market sentiment is important for your strategy. Our insights will help you understand Intraocular Lens (IOL) market sentiment with every pair of eyes. We maintain this analysis by working with key opinion leaders across the value chain in each industry we track.
- Understand the most reliable investment centers: Our research evaluates the investment centers on the market, considering future demand, profits and returns. Clients can focus on the most prestigious investment centers through Intraocular Lens (IOL) market research.
- Evaluate potential business partners: Our research and insights help our clients identify compatible business partners.
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