Unlocking Opportunities in the Aphakia Market: 2025-2034 Forecast Report

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Aphakia Industry Market Size Be by 2025?
The aphakia market has seen swift expansion in recent years. It is projected to expand from $1.68 billion in 2024 to $1.89 billion in 2025, at a compound annual growth rate (CAGR) of 12.6%. The historic period's growth is primarily due to factors like the rising incidence of cataracts, development of advanced surgical methods, growing comprehension of eye health, increasing frequency of eye surgeries, and a higher number of clinical trials.

What's the Long-Term Growth Forecast for the Aphakia Market Size Through 2029?
The aphakia market is predicted to experience rapid expansion in the forthcoming years, reaching a value of $3.03 billion in 2029, growing at a compound annual growth rate (CAGR) of 12.4%. This anticipated growth within the forecast period can be credited to the escalating demand for technologically advanced intraocular lenses (IOLs), the increase in ophthalmic surgical procedures, the rising frequency of eye injuries, an expansion in medical tourism for eye operations, and a heightened emphasis on individualized treatment options. Noteworthy trends within the forecast period are the incorporation of digital technology in cataract operations, improvements in minimally invasive surgical techniques, advancements in the materials of lenses, the application of patient-specific data analytics, and the utilization of robotic-assisted surgery.

View the full report here:
https://www.thebusinessresearchcompany.com/report/aphakia-global-market-report

What Are the Key Growth Drivers Fueling the Aphakia Market Expansion?
The reported increase in cataract instances is anticipated to spur the growth of the aphakia market. The term cataract is used to describe a condition in which the lens of the eye becomes clouded, resulting in blurred vision. The increase in cataract cases can be attributed to factors such as population growth, a higher incidence of diabetes, prolonged sun exposure, smoking, and subpar nutrition. Aphakia is a result of cataract surgeries, which involve the extraction of the eye's natural lens to counteract the clouded lens, leaving the eye lens-less. According to the 2021-2023 National UK Eye Care Statistics Survey run by the Well-being of Future Generations Act (WFG), a government body based in the UK, as of July 2023, about 16,500 cataract cases were reported in 2022-2023, marking a 23.7% rise from the previous year. As such, the escalating prevalence of cataracts is fuelling the aphakia market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18957&type=smp

What Are the Key Trends Driving Aphakia Market Growth?
Leading companies in the aphakia market are championing the design of presbyopia-correcting intraocular lenses (IOL) to improve visual results and patient contentment. These lenses aid in aphakia treatment by restoring sight and correcting presbyopia, granting clear vision at numerous distances without the need for additional glasses. For instance, in November 2023, Alcon, a Swiss surgical equipment firm, introduced Clareon Vivity in Canada. This product is a unique, nondiffractive extended depth of focus (EDOF) intraocular lens (IOL) that delivers superior vision with limited visual disruptions. The Clareon Vivity IOL addresses aphakia, a condition which involves the removal of the eye's natural lens, usually during cataract surgery. The lens uses x-wave technology to enhance focus without wavefront splitting, thus reducing halos for a sharper visual experience. This breakthrough signifies a noteworthy progression in the aphakia market, offering a superior alternative for presbyopia correction to cataract patients.

How Is the Aphakia Market Segmented?
The aphakiamarket covered in this report is segmented -

1) By Type: Congenital Aphakia, Surgical Aphakia, Acquired Aphakia
2) By Treatment: Spectacles, Contact Lenses, Intraocular Lens Implantation, Refractive Surgery
3) By End User: Hospitals, Ophthalmic clinics, Other End Users

Subsegments:
1) By Congenital Aphakia: Primary Aphakia, Secondary Aphakia
2) By Surgical Aphakia: Post-Cataract Surgery, Post-Lens Dislocation Surgery
3) By Acquired Aphakia: Trauma-Induced Aphakia, Disease-Induced Aphakia

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=18957&type=smp

Which Companies Are Leading the Charge in Aphakia Market Innovation?
Major companies operating in the aphakia market are Johnson & Johnson Services Inc., Aetna Inc., Alcon Laboratories Inc., Hoya Corporation, CooperVision Inc., Carl Zeiss AG, Santen Pharmaceutical Co. Ltd., Appasamy Associates, Aurolab, Rayner Intraocular Lenses Limited, VSY Biotechnology, Ophtec BV, SIFI SpA, Aaren Scientific Inc., Mediphacos, Hanita Lenses Ltd., Menicon Co. Ltd., Lenstec Inc., Morcher GmbH, Bausch & Lomb Incorporated, Bohus BioTech AB, Nidek Co. Ltd., Swiss Advanced Vision AG, UltraVision CLPL, Medennium Inc.

Which Regions Are Leading the Global Aphakia Market in Revenue?
North America was the largest region in the aphakia market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aphakia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18957

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.