The new report by Expert Market Research titled, ‘Global Intraocular Lens Market Size, Share, Price, Trends, Growth, Outlook, Report and Forecast 2021-2026’, gives an in-depth analysis of the global intraocular lens market, assessing the market based on its segments like product, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/intraocular-lens-market/req...
The key highlights of the report include:
Market Overview (2021-2026)
• Forecast CAGR (2021-2026): 5%
• Forecast Market Size (2026 ): USD 5.58 Billion
The global market for intraocular lenses is driven by the rising incidence of ophthalmic issues. The increasing prevalence of cataract in the geriatric population has created the demand for intraocular lens. Additionally, the high susceptibility of cataract in the growing patient pool is projected to propel the market growth over the forecast period. Moreover, the market is further expected to be aided owing to the rising preference of premium IOLs for the treatment of optical conditions. The quick and easy surgical procedure for replacement process along with rapid technological advancement in healthcare sector will present growth opportunities for the IOL market.
Industry Definition and Major Segments
Intraocular Lens (IOL) is an artificial, synthetic lens for replacing the natural eye lens. It is primarily used in cataract surgery. Additionally, these lenses are also used in treatment of various eye conditions such as myopia, hypermetropia, and astigmatism, among others.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/intraocular-lens-market
Based on product, the market is segmented into:
• Monofocal
• Multifocal
• Toric
• Accommodative
• Others
Based on end use, the market is segmented into:
• Hospitals
• Ophthalmic Clinics
• Ambulatory Surgery Centres
• Eye Research Institutes
• Others
The regional markets for intraocular lens include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
Regionally, the North America holds a significant share in the global intraocular lens market. This can be attributed to the presence of major players in the region. Additionally, the growing geriatric population and presence of advance healthcare facilities aids the dominance of the region. Meanwhile, the Asia Pacific is projected for the fastest growth over the forecast period. The developing healthcare sector and growing penetration of major players are key driving factor. The market is further expected to be pushed by the rising prevalence conditions such as cataract, macular degeneration, and diabetic retinopathy in the diabetic patients. Moreover, the increasing healthcare expenditure and government initiatives to increase awareness for cataract are projected to aid the regional growth.
Key Market Players
The major players in the market are Johnson and Johnson Vision Care, Inc., Bausch & Lomb Incorporated, Carl Zeiss Meditec AG, Eyekon Medical, Inc., HumanOptics AG, and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Global Next Generation Sequencing (NGS) Market: https://www.expertmarketresearch.com/reports/next-generation-sequencing-...
Global Plastic Waste Management Market: https://www.expertmarketresearch.com/reports/plastic-waste-management-ma...
Global Pre-Insulated Pipes Market: https://www.expertmarketresearch.com/reports/pre-insulated-pipes-market
Global Nisin Market: https://www.expertmarketresearch.com/reports/nisin-market
Global Non-Conductive Inks Market: https://www.expertmarketresearch.com/reports/non-conductive-ink-market
Global Ferroalloys Market: https://www.expertmarketresearch.com/reports/ferroalloys-market
Global Neurodiagnostic and Monitoring Devices Market: https://www.expertmarketresearch.com/reports/neurodiagnostic-and-monitor...
Global Customer Success Platform Market: https://www.expertmarketresearch.com/reports/customer-success-platform-m...
Global Dual-Axis Solar Tracker Market: https://www.expertmarketresearch.com/reports/dual-axis-solar-tracker-market
Global Drone Navigation System Market: https://www.expertmarketresearch.com/reports/drone-navigation-system-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Expert Market Research
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.