The global Intraocular market is projected to display robust growth represented by a CAGR of 9.13% during 2015 – 2020, chiefly driven by increasing number of patients with ophthalmic & ocular disorders, rising geriatric population, growing awareness about minimally invasive techniques and increasing healthcare expenditure. Moreover, technological advancements in the Intraocular lenses, supportive government initiatives, superior surgical techniques coupled with escalating improvements in the innovation sector has led to a noteworthy growth in the market.


Among the regions, North America accounts for the largest regional share in the total Intraocular Lens market in 2016. However, emerging markets such as India, China and Japan is predicted to significantly boost the demand in APAC region. The APAC region is anticipated to grow at higher rate owing to the increasing investment in healthcare, increasing number of healthcare professionals, rise in number of cataract surgeries and increasing prevalence of eye related problems in the region. The APCA Intraocular market is also expected to shift significantly towards the adoption of premium multifocal lens due to increasing affordability of the people as a result of rising disposable income.



Factors such as stringent quality & control certifications, high cost of advanced products have been restraining the growth in the market. However, ongoing government reforms and favourable reimbursement policies is anticipated to back the market in the forecast period.


In the recent years, many start-up companies are dedicated in developing the optimal intraocular lens technology, with major focus on the multifocal, accommodating lens to further simplify the patient’s needs.


The Premium Lens market is expected to witness the higher growth rate as it has a wider scope of application and provide solution for cataract as well as other refractive errors, presbyopia and astigmatism.

While ageing population suffering from vision problems, increasing healthcare expenditure in healthcare and increasing number of cataract surgeries are anticipated to be the future growth drivers, the lack of reimbursement, lack of professional Ophthalmologists and Lens approvals from the authorities are expected to restrain the market growth in the near future.

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https://www.reportmarkets.com/199317-Global-Intraocular-Lens--IOL--Market--Trends--Opportunities-and-Forecasts--2015-2020F-----By-Type-----Standard-and-Premium--Value-and-Volume---By-Region--By-Country--Key-Players-----Strategy--Financia