The worldwide Intraocular Lens Market is expected to grow at a CAGR of roughly 5.8 % over the next five years, will reach 1.79 Bn US$ in 2025, from 1.15 Bn US$ in 2017
Intraocular Lens market: This report focuses on the Intraocular Lens Market status, future forecast, growth opportunity, key market and key players: Raytheon Company, Thales Group, Battelle Memorial Institute, Rafael, SST, Safran Electronics & Defense, and more…
Intraocular lens is a lens implanted in the eye for the treatment of myopia or cataract. The occurrence and prevalence of ocular and ophthalmic conditions across the world are growing at alarming levels, affecting millions of people round the globe. The American Association of Ophthalmology (AAO), stated that cataract is the major causes of blindness and visual impairment, while age related eye disorders and conditions are becoming major problem in the developed countries such as U.S. These increasing incidences of ocular and ophthalmic conditions is likely to become a major factor enhancing the development in the intraocular lens market.
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Intraocular Lens Market Dynamics
The rising incidences of eye disorders and the increasing cases of conditions such as cataracts are some of the key factors that are anticipated to encourage the growth of the U.S. intraocular lens market. Additionally, the increasing cases of obesity and diabetes and the age-related macular deterioration are anticipated to further accelerate the growth of the U.S. intraocular lens market in the coming years.
According to the U.S. and the United Nations Census Bureau statistics, the global elderly population rose from 562 million in 2012 to 617 million in 2015 and is anticipated to reach a staggering 1.4 billion by the year 2030. Hence the number of vision correction processes being performed such as cataract surgeries, LASIK, and other driven by these rising number of age associated eye disorders is increasing. Hence, these increasing number of elderly population and a rising number of procedures for vision correction are responsible for the continuous growth of the U.S. intraocular lens market.
Key Players & Competitive Intelligence
Some of the prominent players in the U.S. Intraocular Lens (IOL) Market are Alcon (U.S.), Abbott Medical Optics (U.S.), Bausch & Lomb, Inc. (U.S.), Hoya Group (Japan), Carl Zeiss Meditec AG (Germany), Johnson & Johnson (U.S.), Rayner (U.K), STAAR Surgical (U.S.), and Lenstec, Inc. (U.S.)
The Intraocular Lens Market report also displays the regional properties of the market history of every product type, technology, and volume during the forecast period. Apart from the mentioned information, the growth rate of the Intraocular Lens Market is also explained throughout a couple of years. The major players operating in this Intraocular Lens Market has been profiled in a manner which discloses key details about the companies, including the company overview, products and services, recent news, technological developments, innovations, revenue, key financials, and SWOT analysis.
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Market by Types:
Fixed System, Vehicle Mounted System, Portable System
The Intraocular Lens Market Report is in demand for following Applications:
Vehicle, Soldier, Other
U.S. Intraocular Lens Market Players
U.S. Intraocular Lens Market Material Suppliers
Hospitals and eye care centers
Contract Research Organizations
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