Intraocular Lens (IOL) Market Outlook to 2030: Emerging Trends and Will Generate New Growth Opportunities Status

Cataract surgery is among the most commonly performed operations worldwide. It develops as people age and eye lenses become cloudy. The growth of the Intraocular Lens (IOL) Market can be primarily attributed to rising geriatric populations suffering from age-related cataract and other eye associated disorders.. According to the 2019 Investment Catalyst Report, in 2018, around 400,000 patients underwent cataract surgery in the UK and this number is expected to rise to 583,500 by 2035. Moreover, the rising prevalence of diabetes and other eye-related disorders worldwide is further contributing to the market growth. According to the touchPANEL report, in 2019, there were around 2.0 Billion cases of presbyopia across the globe, which will rise to an estimated 2.0 Billion by 2024. Presbyopia correcting IOLs is one of the most active areas for ongoing research &development in refractive cataract surgery.

Major Key Players of the Intraocular Lens (IOL) Market are:
Alcon, Bausch & Lomb Pvt Ltd., Carl Zeiss Meditec, Johnson & Johnson, HOYA Corporation, STAAR SURGICAL, Rayner Intraocular Lenses Limited, Ophtec BV, PhysIOL, and EyeKon, among others.

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Companies are increasingly striving to develop technologically advanced IOL for correcting a wide range of eye disorders. For instance, in March 2020, Alcon launched AcrySof IQ Vivity under its existing IOL portfolio for providing an additional option to cataract patients for presbyopia treatment. It is the first-of-its-kind IOL that is commercially available in select European markets, with additional countries to follow throughout 2020. Similarly, in September 2020, Johnson & Johnson Vision introduced two new developments -TECNIS Synergy Toric II IOL with TECNIS Simplicity Delivery System and CATALYS System cOS 6.0 Software for the treatment of cataract patients with astigmatism in Europe.

Moreover, increasing government & organizational initiatives are further contributing to the market growth. For instance, The Fred Hollows Foundation set out its2019 - 2023 strategy for increasing cataract surgical coverage and effective cataract surgical coverage to about 80% and 60% respectively across several countries to strengthening health systems by ensuring millions of people access to comprehensive eye care services including life-changing cataract surgeries.

Major Types of Intraocular Lens (IOL) Market covered are:
Monofocal IOLs
Premium IOLs

Major Applications of Intraocular Lens (IOL) Market covered are:
Hospitals
Specialty Clinics
Ambulatory Surgery Centers

Research objectives:-

– To study and analyze the global Intraocular Lens consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Intraocular Lens (IOL) Market by identifying its various sub-segments.
– Focuses on the key global Intraocular Lens manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Intraocular Lens with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Intraocular Lens (IOL) Market Size
2.2 Intraocular Lens Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Intraocular Lens (IOL) Market Size by Manufacturers
3.2 Intraocular Lens Key Players Head office and Area Served
3.3 Key Players Intraocular Lens Product/Solution/Service
3.4 Date of Enter into Intraocular Lens (IOL) Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Intraocular Lens Sales by Product
4.2 Global Intraocular Lens Revenue by Product
4.3 Intraocular Lens Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Intraocular Lens Breakdown Data by End User

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In the end, Intraocular Lens industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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