Intraocular Lens (IOL) Market with 3.75% CAGR is expected to reach in High Level by 2022


Posted November 19, 2018 by bhaktidi12

Global Intraocular Lens (IOL) Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain.

 
Global Intraocular Lens (IOL) Market Overview:

According to Market Analyst, The five-year forecast for the intraocular lens market shows a healthy Compound Annual Growth Rate (CAGR) of 3.75 percent.

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The Major key factors driving the growth of this market include the growing geriatric population and corresponding eye disorders, rising incidence of eye diseases & diabetes across the globe, technological advancements in intraocular lenses, and increasing government initiatives to control and treat blindness caused by cataract. Moreover, rise in adoption of premium lens owing to its benefits such as enhanced visual performance and reduced astigmatism supplements the growth of the market.

Intraocular Lens (IOL) Market Segmented on the Basis of the Type, Material, End user and by Region. On the Basis of Type Market is sub segmented into traditional/monofocal IOLs, premium IOLs, and phakic IOLs. the traditional/monofocal IOLs segment accounted for the largest share of this market due to the higher adoption of monofocal IOLs, such as aspheric IOLs. Aspheric monofocal IOLs are easy to insert, induce significantly less or zero spheric aberration, and create very effective contrast sensitive optical images for patients.

Furthermore, On the Basis of Material, Market is sub segmented into foldable IOLs and PMMA IOLs. the foldable IOLs segment held the largest share of this market and is expected to grow at the highest CAGR during the forecast period. Based on End use segment, Market is sub segmented into hospitals and clinics and ambulatory surgical centers. The hospitals and clinics segment dominated the intraocular lens market.

Regionally, North America accounted for the largest share of the intraocular lens market, followed by Asia Pacific. Factors contributing to its dominance include rising adoption of premium intraocular lenses and increasing number of patients suffering from cataract in the U.S. Asia Pacific is expected to exhibit the fastest growth rate in the global IOLs market.

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The Market is segmented and projected on the basis of major key player’s:

1 Alcon/Novartis

2 AMO/Abbott

3 Bausch + Lomb

4 Carl Zeiss

5 HOYA

6 Kowa

7 Lenstec

8 Rayner

The Market is segmented and projected on the basis of major Region Segmentation

1 North America

2 Europe

3 Asia Pacific

4 Middle East and Africa

5 South America

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Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What is driving this market??

3 What are the challenges to market growth?

4 Who are the key players in Intraocular Lens (IOL) Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Exclusive Summary

2 Methodology

3 Introduction

4 Competitive Landscape

5 Market Dynamics

6 Segmentation by Product

7 Supply by Region

8 Consumption Pattern

9 Intraocular Lens Market Forecast

10 Key Vendors

11 Industry Activity

12 Appendix

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Issued By https://www.businessindustryreports.com/
Country India
Categories Health
Tags global intraocular lens market , intraocular lens , intraocular lens market
Last Updated November 19, 2018