Intraocular Lens Market Reahcing to USD 4.56 Billion Investment to 2022

Intraocular Lens (IOLs) Market, By Type are included the following sections Introduction,  Traditional/Monofocal IOLs, Aspheric Monofocal IOLs, Spheric Monofocal IOLs, Premium IOLs,  Multifocal IOLs, Accommodating IOLs, Extended Depth-Of-Focus (EDoF) IOLs and Phakic IOLs.

The intraocular lens (IOL) market is valued at 3.34 Billion in 2016 and is expected to grow at a CAGR of 5.4% during the forecast period (2017 to 2022), to reach to USD 4.56 Billion by 2022. Growth of this segment is attributed to wide range of benefits associated with their use, like enhanced visual performance and reduced astigmatism.

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Report analyzes intraocular lens market and aims at estimating market size and future growth potential of this market based on various segments such as type, material, end user, and region. Report also includes a volume data analysis for various types of IOLs across globe and a competitive analysis of key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

Intraocular lens market is segmented into foldable IOLs and IOLs. Foldable IOLs segment accounted for largest share & is expected to grow at highest CAGR during forecast period. Growth of this segment mainly attributed to their advantages like suitability for manufacturing three-piece IOLs and IOL haptics, high biocompatibility, high light transmissibility, good center placement, resistance to tilting inside the eye, and UV-absorbing property.

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Growth of intraocular lens market during the forecast period is mainly driven by rising prevalence of eye diseases (cataract and refractive errors) associated with rising geriatric population. Report analyzes intraocular lens market by type, material, end user, and region.

Intraocular lenses market report with key factors propelling are increasing ophthalmic issues, growing cases of cataract in diabetic population, & rising adoption of advanced premium IOLs. Owing to such scenarios, growth IOLs increased with demand, offering precise solutions, varied options for physicians for particular disease.

Report analyzes intraocular lens market by type, material, end user, and region. Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global intraocular lens market. In-depth assessment of market shares, growth strategies, product offerings, and capabilities of leading players in the global intraocular lens market.

Break of primary participants was as mentioned below:

• By Company Type – Tier 1–45%, Tier 2–40% and Tier 3–15%
• By Designation – C Level–41%, Director Level–30%, Others–29%
• By Region – North America–35%, Europe–30%, AsiaPacific–25%, Rest of World–10%