DUBLIN--(BUSINESS WIRE)--The "North America Intraocular Lens Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.
North America Intraocular Lens market is expected to witness a CAGR of 3.9% during the forecast period.
Certain factors that are driving the market growth include rising demand and awareness for personalized medicine and targeted therapy, increasing cases of adverse drug reactions, technological demands.
Accommodative IOL is Expected to Exhibit the Fastest Growth Rate Over the Forecast Period
Accommodative intraocular lenses are known to accommodate well with post-surgical changes, as compared to that of monofocal IOLs. These are preferred by patients suffering from macular degeneration, as they support the eye muscles in focusing on intermediate and distant objects. These lenses are widely used in the treatment of presbyopia and astigmatism. Moreover, the monofocal intraocular lens is the first choice for many, as it can provide the best image quality after the surgery and, thus, has the largest in the market.
The North America Intraocular Lens market is highly competitive and consists of a few major players. Companies like Bausch Health Companies Inc. (Bausch + Lomb), Carl Zeiss Meditec AG, EyeKon Medical Inc., HOYA CORPORATION, HumanOptics AG, Johnson and Johnson Vision Care Inc., Lenstec Inc., Novartis AG (Alcon), Rayner, and STAAR Surgical Company, among others, hold the substantial market share in the Intraocular Lens market.
Key Topics Covered
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Burden of Ophthalmic Issues
4.2.2 Increasing Cases of Cataract in the Diabetic Population
4.3 Market Restraints
4.3.1 High Cost of IOLs
4.3.2 Lack of Reimbursement Policies
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Monofocal Intraocular Lens
5.1.2 Accommodative Intraocular Lens
5.1.3 Multifocal Intraocular Lens
5.1.4 Toric Intraocular Lens
5.2 By End-user
5.2.2 Ambulatory Centers
5.2.3 Other Centers
5.3.1 North America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Bausch Health Companies Inc. (Bausch + Lomb)
6.1.2 Carl Zeiss Meditec AG
6.1.3 EyeKon Medical Inc.
6.1.4 HOYA Corporation
6.1.5 HumanOptics AG
6.1.6 Johnson and Johnson Vision Care Inc.
6.1.7 Lenstec Inc.
6.1.8 Novartis AG (Alcon)
6.1.10 STAAR Surgical Company
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/lo0s52