Global Intraocular Lens Market to Grow at a CAGR of 7% by 2022: Rise in Initiatives Taken by Government to Eliminate Avoidable Blindness - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Intraocular Lens Market by Type, Material and End User - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.

The global intraocular lens market generated $3,306 million in 2015, and is projected to reach $4,973 million by 2022, registering a CAGR of 7.0% during the study period.

In terms of volume, the market is expected to grow at a CAGR of 7.1%. This is attributed to rise in geriatric population, increase in prevalence of cataract, and rise in initiatives taken by government to eliminate avoidable blindness. Moreover, rise in adoption of premium lens owing to their enhanced visual performance ensures reduced rates of astigmatism, thus supplementing the growth of the market. However, unfavorable reimbursement scenario for premium lens and postoperative complications such as refractive errors are expected to restrain the market growth.

The intraocular lens market is segmented based on type, material, end user, and geography. On the basis of type, the market is bifurcated into monofocal and premium intraocular lens. The premium intraocular lens is sub-segmented into toric, multifocal, accommodating, and others (blue light filtering, phakic, and aspheric intraocular lens). By material, the market is categorized into polymethylmethacrylate (PMMA), silicone, and hydrophobic acrylic. According to end user, it is divided into hospitals, ambulatory surgical centers, ophthalmology clinics, and eye research institutes. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Companies Mentioned:

  • Alcon, Inc. (division of Novartis AG)
  • Carl Zeiss Meditec AG
  • EyeKon Medical, Inc.
  • HOYA GROUP
  • HumanOptics AG
  • Johnson & Johnson
  • Lenstec, Inc.
  • Rayner
  • STAAR Surgical
  • Valeant

Key Topics Covered:

CHAPTER 1. INTRODUCTION

CHAPTER 2. EXECUTIVE SUMMARY

CHAPTER 3. MARKET OVERVIEW

CHAPTER 4. GLOBAL INTRAOCULAR LENS MARKET, BY TYPE

CHAPTER 5. GLOBAL INTRAOCULAR LENSES MARKET BY END USER

CHAPTER 6. GLOBAL INTRAOCULAR LENS MARKET, BY MATERIAL

CHAPTER 7. GLOBAL INTRAOCULAR LENS MARKET, BY REGION

CHAPTER 8. COMPANY PROFILES

For more information about this report visit http://www.researchandmarkets.com/research/s2bk3q/intraocular_lens

Contacts

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Related Topics: Optical

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Optical