HOME Top Market Reports Intraocular Lens Market by Type (Traditional/Monofocal (Spheric, Aspheric), Premium (Multifocal, Accommodating, and Extended Depth of Focus), and Phakic), Material (PMMA, Foldable), End User (Hospital, Clinic), and Region - Global Forecast to 2022

Intraocular Lens Market by Type (Traditional/Monofocal (Spheric, Aspheric), Premium (Multifocal, Accommodating, and Extended Depth of Focus), and Phakic), Material (PMMA, Foldable), End User (Hospital, Clinic), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: January 2018
Report Code: MD 5942

 

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The intraocular lens 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. Base year considered for the report is 2016.

The growth of the intraocular lens market during the forecast period is mainly driven by the rising prevalence of eye diseases (cataract and refractive errors) associated with rising geriatric population; increasing government, private, and non-profit organizations initiatives to control and treat blindness caused by cataract; and technological advancements in IOLs.

Objectives of the study

  • To define, describe, and forecast the intraocular lens market by type, material, end user, and region
  • To provide detailed information regarding major factors influencing the growth of the intraocular lens market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market players
  • To forecast the size of the intraocular lenses market with respect to the five key regions—North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
  • To profile the key players in the global intraocular lens market and comprehensively analyze their core competencies2
  • To track and analyze competitive developments such as agreements and partnerships; mergers and acquisitions; and product developments and launches of key players in the global intraocular lens market
  1. Micromarkets are segments and subsegments of the global intraocular lens market.
  2. Core competencies of the companies are captured in terms of their product portfolio, key developments, and strategies adopted to sustain their positions in the market.

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the intraocular lens market and to estimate the size of other dependent submarkets. Various secondary sources such as associations (including International Council of Ophthalmology (ICO), American Academy of Ophthalmology (AAO), World Health Organization (WHO), The Organization for Economic Co-operation and Development (OCED), European Society of Cataract and Refractive Surgeons (ESCRS), All India Ophthalmological Society (AIOS), National Institute of Ophthalmology (NIO), American Society of Cataract and Refractive Surgery (ASCRS), directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of intraocular lens market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market. The breakdown of profiles of primaries is shown in the figure below:

Intraocular Lens (IOL) Market

To know about the assumptions considered for the study, download the pdf brochure

The major players in the intraocular lens market are Alcon, Inc. (US) (Novartis AG (Switzerland)), Bausch + Lomb (US) (Valeant Pharmaceuticals International (Canada)), Johnson & Johnson Vision Care, Inc. (US), Carl Zeiss Meditec (Germany), HOYA Corporation (Japan), STAAR Surgical Company (US), Rayner Intraocular Lenses Limited (UK), PhysIOL (Belgium), Ophtec BV (Netherlands), Swiss Advanced Vision (SAV IOL) (Switzerland), Oculentis GmbH (Germany), NIDEK CO., LTD. (Japan), Aurolab (India), Omni Lens Pvt Ltd. (India), Care Group (India), Hanita Lenses R.C.A Ltd. (Israel), and Fred Hollows Intraocular Laboratory (Eritrea).

Target Audience:

  • Intraocular lenses manufactures
  • Intraocular lenses suppliers and distributors
  • Healthcare service providers (including hospitals, eye clinics, and public and private eye care centers)
  • Government associations
  • Health insurance provider companies
  • Market research and consulting firms
  • Venture capitalists and investors

Scope of the Report:

The research report categorizes the intraocular lens market into the following segments and subsegments:

Intraocular Lens Market, by Type

  • Traditional/ Monofocal IOLs
    • Aspheric Monofocal IOLs
    • Spheric Monofocal IOLs
  • Premium IOLs
    • Multifocal IOLs
    • Accommodating IOLs
    • Extended Depth of Focus IOLs
  • Phakic IOLs

Intraocular Lens Market, by Material

  • Foldable IOLs
    • Hydrophobic Acrylic IOLs
    • Hydrophilic Acrylic IOLs
    • Other Foldable IOLs*
  • Polymethylmethacrylate IOLs (PMMA IOLs)

*Other foldable IOLs include acrylic, silicon, and hybrid IOLs

Intraocular Lens Market, by End User

  • Hospitals and Clinics
  • Ambulatory Surgery Centers (ASC)

Intraocular Lens Market, by Region

  • North America
    • US
    • Canada
  • Asia Pacific
    • Japan
    • India
    • China
    • Rest of Asia-Pacific (RoAPAC)
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Latin America
  • Middle East and Africa

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolios of each company

Geographic Analysis

  • Further breakdown of the Rest of European intraocular lens market into the Netherlands, Belgium, Poland, and others
  • Further breakdown of the Rest of Asia Pacific intraocular lens market into South Korea, Australia, New Zealand, and others
  • Further breakdown of Latin American intraocular lens market into Brazil, Mexico, and others

Growing Demand for Technological Advanced Intraocular Lenses

Currently, there is an increasing demand for technological advanced premium IOLs such as, multifocal IOLs, presbyopia- and astigmatism-correcting intraocular lens (IOL), accommodating IOL, extended depth of focus (EDoF) IOL. This growth is mainly fueled by the need to improve the quality of vision and reduce the risk of blindness.

Among premium IOLs, accommodating IOLs segment is projected to grow at the fastest CAGR of 7% during the forecast period of 2017 to 2022.

Intraocular Lens (IOL) Market

Technological innovation is at the focus of strategic growth initiatives by market players

Looking at the increasing demand for premium IOLs a number of companies are increasingly focusing on developing and launching technologically advanced intraocular lenses. For instance, in April 2018, Swiss Advanced Vision (Switzerland), launched a Project R-TASC (Real-Time Autofocus Servo Control), an active lens with real-time focus and wireless connectivity. Similarly, in October 2017 Bousch + Lomb (US), launched the enVista MX60E, a hydrophobic, acrylic advanced optic (AO) IOL with StableFlex technology to provide controlled unfolding, excellent stability, and enhanced optic recovery. Carl Zeiss Meditec (Germany) launched AT LARA, an extended depth of focus (EDoF) IOL in October 2017.

Asia Pacific: High Growth Opportunity for Intraocular Lenses Business

During the forecast period, Asia Pacific countries, such as India and China, are expected to offer significant growth opportunities for manufacturers of intraocular lenses. The high growth in these markets can be attributed to the significant demand for quality, technologically advanced IOL products from the huge patient population in India and China. Consequently, a number of market players are eyeing to achieve a sustainable revenue growth by targeting these high growth markets.

According to the UN Economic and Social Affairs 2015 Report, the population of people aged over 60 years in Asia is expected to increase by more than 66% by 2030. The prevalence of age-related eye diseases in this region is therefore expected to increase in the coming years.

Moreover, increasing healthcare expenditure, improving healthcare infrastructure, and growing government initiatives to treat and control blindness are also expected to drive the intraocular lenses market in Asia Pacific region.

Intraocular Lens (IOL) Market

Market Dynamics

Intraocular Lens (IOL) Market

Market Trend

Shift of Ocular Surgeries from Hospitals to Ambulatory Surgical Centers (ASCs)

The Intraocular Lens Market among ASCs is projected to grow at a CAGR of 6.3% during the forecast period to reach at USD 2.15 billion in 2022. ASCs provide outpatient procedures that do not require an overnight stay post-surgery. Since their inception, ASCs have demonstrated an exceptional ability to improve quality and customer service while simultaneously reducing costs.

Over the past decade, the proportion of cataract surgeries performed at surgery centers increased steadily, reaching 73% in 2014 as compared to 43.6% in 2001 (Source: EurekAlert, Science Newsletter, 2017). In comparison to hospitals, ASCs offer a cost-effective and convenient treatment option for eye surgeries. For instance, in the US, a cataract surgery performed in an ASC costs around USD 2,498, as opposed to around USD 3,459–7,742 in hospitals. As the services provided in ASCs are less expensive than hospitals and eye clinics, they also decrease the cost-per-case for various medical insurance providers.

Intraocular Lens (IOL) Market

Key Questions

  • As premium IOLs gain greater demand, which are the high growth segments within premium IOLs providing opportunities of innovation?
  • As developed economies are reaching saturation, what are the geographic growth opportunities in the intraocular lenses market?
  • How is cost of procedure shifting IOLs market from hospitals to ambulatory surgical centers? What are the growth opportunities in this segment?
  • What are the growth strategies of key market players in this market?

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Market Share Estimation
    2.5 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 32)
    4.1 Intraocular Lens Market: Overview
    4.2 Intraocular Lens Market in APAC, By Type & Country
    4.3 Intraocular Lens Market: Regional Mix
    4.4 Intraocular Lens Market: Geographical Snapshot
    4.5 Intraocular Lens Market: Developed vs Developing Countries

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics: Impact Analysis
           5.2.1 Drivers
                    5.2.1.1 Rising Prevalence of Eye Diseases
                               5.2.1.1.1 Cataracts
                               5.2.1.1.2 Obesity and Diabetes
                               5.2.1.1.3 Age-Related Macular Degeneration
                    5.2.1.2 Government and Awareness Initiatives to Control and Treat Blindness
                    5.2.1.3 Technological Advancements in IOLs
           5.2.2 Restraints
                    5.2.2.1 Lack of Proper Coverage Or Co-Payment Policies for Premium IOLs
           5.2.3 Opportunities
                    5.2.3.1 Untapped Potential of Emerging Markets
           5.2.4 Challenges
                    5.2.4.1 Scarcity of Ophthalmologists

6 Intraocular Lens Market, By Type (Page No. - 44)
    6.1 Introduction
    6.2 Traditional/Monofocal IOLs
           6.2.1 Aspheric Monofocal IOLs
           6.2.2 Spheric Monofocal IOLs
    6.3 Premium IOLs
           6.3.1 Multifocal IOLs
           6.3.2 Accommodating IOLs
           6.3.3 Extended Depth-Of-Focus (EDoF) IOLs
    6.4 Phakic IOLs

7 Intraocular Lens Market, By Material (Page No. - 58)
    7.1 Introduction
    7.2 Foldable IOLs
           7.2.1 Hydrophobic Acrylic IOLs
           7.2.2 Hydrophilic Acrylic IOLs
           7.2.3 Other Foldable IOLs
    7.3 PMMA IOLs

8 Intraocular Lens Market, By End User (Page No. - 65)
    8.1 Introduction
    8.2 Hospitals & Clinics
    8.3 Ambulatory Surgery Centers

9 Intraocular Lens Market, By Region (Page No. - 69)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
    9.3 Asia Pacific
           9.3.1 Japan
           9.3.2 India
           9.3.3 China
           9.3.4 Rest of Asia Pacific (RoAPAC)
    9.4 Europe
           9.4.1 Germany
           9.4.2 France
           9.4.3 UK
           9.4.4 Italy
           9.4.5 Spain
           9.4.6 Rest of Europe (RoE)
    9.5 Latin America
    9.6 Middle East & Africa

10 Competitive Landscape (Page No. - 127)
     10.1 Introduction
     10.2 Market Share Analysis
     10.3 Product Portfolio Matrix
     10.4 Competitive Situations and Trend
             10.4.1 Product Launches
             10.4.2 Agreements, Partnerships, and Collaborations
             10.4.3 Acquisitions
             10.4.4 Regulatory Approvals
             10.4.5 Expansions

11 Company Profiles (Page No. - 134)
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
     11.1 Bausch + Lomb
     11.2 Alcon
     11.3 Johnson & Johnson
     11.4 Carl Zeiss Meditec
     11.5 Hoya Corporation
     11.6 Staar Surgical Company
     11.7 Rayner Intraocular Lenses
     11.8 Physiol
     11.9 Ophtec
     11.10 SAV IOL
     11.11 Oculentis

*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 163)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (172 Tables)

Table 1 Increase in Geriatric Population From 2000 to 2015 Across the Globe
Table 2 Number of Cataract Surgical Procedures Performed in 2014 & 2015, By Country
Table 3 Number of Diabetics, By Region, 2015 vs 2040 (Million Individuals)
Table 4 Recent Product Launches in the IOLs Market
Table 5 Intraocular Lenses Market, By Type, 2015–2022 (USD Million)
Table 6 Some of the Major Brands of Traditional/Monofocal IOLs
Table 7 Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 8 Traditional/Monofocal IOLs Market, By Country, 2015–2022 (USD Million)
Table 9 Traditional/Monofocal IOLs Market, By Country, 2015–2022 (Thousand Units)
Table 10 Aspheric Monofocal IOLs Market, By Country, 2015–2022 (USD Million)
Table 11 Spheric Monofocal IOLs Market, By Country, 2015–2022 (USD Million)
Table 12 Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 13 Premium IOLs Market, By Country, 2015–2022 (USD Million)
Table 14 Premium IOLs Market, By Region, 2015–2022 (Thousand Units)
Table 15 Some of the Major Brands of Multifocal IOLs
Table 16 Multifocal IOLs Market, By Country, 2015–2022 (USD Million)
Table 17 Accommodating IOLs Market, By Country, 2015–2022 (USD Million)
Table 18 EDoF IOLs Market, By Country, 2015–2022 (USD Million)
Table 19 Major Brands of Phakic IOLs
Table 20 Phakic IOLs Market, By Country, 2015–2022 (USD Thousand)
Table 21 Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 22 Foldable IOLs Market, By Type, 2015-2022 (USD Million)
Table 23 Foldable IOLs Market, By Country, 2015-2022 (USD Million)
Table 24 Global Hydrophobic Acrylic IOLs Market, By Country, 2015-2022 (USD Million)
Table 25 Hydrophilic Acrylic IOLs Market, By Country, 2015-2022 (USD Million)
Table 26 Other Foldable IOLs Market, By Country, 2015-2022 (USD Million)
Table 27 PMMA IOLs Market, By Country, 2015-2022 (USD Million)
Table 28 Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 29 Intraocular Lens Market for Hospitals & Clinics, By Country, 2015–2022 (USD Million)
Table 30 Intraocular Lenses Market for Ambulatory Surgery Centers, By Country, 2015–2022 (USD Million)
Table 31 Intraocular Lens Market, By Region, 2015–2022 (USD Million)
Table 32 Intraocular Lens Market, By Country, 2015–2022 (USD Million)
Table 33 North America: Intraocular Lens Market, By Country, 2015–2022 (USD Million)
Table 34 North America: Intraocular Lenses Market, By Type, 2015–2022 (USD Million)
Table 35 North America: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 36 North America: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 37 North America: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 38 North America: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 39 North America: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 40 North America: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 41 US: Key Macroindicators for the Intraocular Lenses Market
Table 42 US: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 43 US: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 44 US: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 45 US: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 46 US: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 47 US: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 48 US: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 49 Canada: Key Macroindicators for the Intraocular Lenses Market
Table 50 Canada: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 51 Canada: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 52 Canada: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 53 Canada: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 54 Canada: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 55 Canada: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 56 Canada: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 57 Asia Pacific: Intraocular Lens Market, By Country, 2015–2022 (USD Million)
Table 58 Asia Pacific: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 59 Asia Pacific: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 60 Asia Pacific: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 61 Asia Pacific: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 62 Asia Pacific: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 63 Asia Pacific: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 64 Asia Pacific: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 65 Japan: Key Macroindicators for the Intraocular Lens Market
Table 66 Japan: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 67 Japan: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 68 Japan: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 69 Japan: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 70 Japan: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 71 Japan: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 72 Japan: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 73 India: Key Macroindicators for the Intraocular Lens Market
Table 74 India: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 75 India: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 76 India: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 77 India: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 78 India: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 79 India: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 80 India: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 81 China: Key Macroindicators for the Intraocular Lenses Market
Table 82 China: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 83 China: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 84 China: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 85 China: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 86 China: Intraocular Lenss Market, By Material, 2015–2022 (USD Million)
Table 87 China: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 88 China: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 89 RoAPAC: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 90 RoAPAC: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 91 RoAPAC: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 92 RoAPAC: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 93 RoAPAC: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 94 RoAPAC: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 95 RoAPAC: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 96 Europe: Intraocular Lens Market, By Country, 2015–2022 (USD Million)
Table 97 Europe: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 98 Europe: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 99 Europe: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 100 Europe: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 101 Europe: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 102 Europe: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 103 Europe: Intraocular Lenses Market, By End User, 2015–2022 (USD Million)
Table 104 Germany: Key Macroindicators for the Intraocular Lenses Market
Table 105 Germany: Intraocular Lenses Market, By Type, 2015–2022 (USD Million)
Table 106 Germany: Intraocular Lenses Market, By Type, 2015–2022 (Thousand Units)
Table 107 Germany: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 108 Germany: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 109 Germany: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 110 Germany: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 111 Germany: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 112 France: Key Macroindicators for the Intraocular Lenses Market
Table 113 France: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 114 France: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 115 France: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 116 France: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 117 France: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 118 France: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 119 France: Intraocular Lenses Market, By End User, 2015–2022 (USD Million)
Table 120 Number of People Living With Sight Loss in the UK, 2015
Table 121 UK: Key Macroindicators for the Intraocular Lenses Market
Table 122 UK: Intraocular Lenses Market, By Type, 2015–2022 (USD Million)
Table 123 UK: Intraocular Lenses Market, By Type, 2015–2022 (Thousand Units)
Table 124 UK: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 125 UK: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 126 UK: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 127 UK: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 128 UK: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 129 Italy: Key Macroindicators for the Intraocular Lens Market
Table 130 Italy: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 131 Italy: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 132 Italy: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 133 Italy: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 134 Italy: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 135 Italy: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 136 Italy: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 137 Spain: Key Macroindicators for the Intraocular Lenses Market
Table 138 Spain: Intraocular Lenses Market, By Type, 2015–2022 (USD Million)
Table 139 Spain: Intraocular Lenses Market, By Type, 2015–2022 (Thousand Units)
Table 140 Spain: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 141 Spain: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 142 Spain: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 143 Spain: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 144 Spain: Intraocular Lenses Market, By End User, 2015–2022 (USD Million)
Table 145 Geriatric Population (Aged 65 Years and Above) in RoE Countries
Table 146 RoE: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 147 RoE: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 148 RoE: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 149 RoE: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 150 RoE: Intraocular Lenss Market, By Material, 2015–2022 (USD Million)
Table 151 RoE: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 152 RoE: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 153 Latin America: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 154 Latin America: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 155 Latin America: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 156 Latin America: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 157 Latin America: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 158 Latin America: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 159 Latin America: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 160 Middle East & Africa: Intraocular Lens Market, By Type, 2015–2022 (USD Million)
Table 161 Middle East & Africa: Intraocular Lens Market, By Type, 2015–2022 (Thousand Units)
Table 162 Middle East & Africa: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 163 Middle East & Africa: Premium IOLs Market, By Type, 2015–2022 (USD Million)
Table 164 Middle East & Africa: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 165 Middle East & Africa: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 166 Middle East & Africa: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 167 Growth Strategy Matrix
Table 168 Recent Product Launches
Table 169 Recent Agreements, Partnerships, and Collaborations
Table 170 Recent Acquisitions
Table 171 Recent Regulatory Approvals
Table 172 Recent Expansions
 
 
List of Figures (28 Figures)
 
Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Data Triangulation Methodology
Figure 4 Intraocular Lens Market, By Type, 2017 vs 2022 (USD Million)
Figure 5 Traditional/Monofocal IOLs Market, By Type, 2017 vs 2022 (USD Million)
Figure 6 Premium IOLs Market, By Type, 2017 vs 2022 (USD Million)
Figure 7 Intraocular Lenses Market, By Material, 2017 vs 2022 (USD Million)
Figure 8 Foldable IOLs Market, By Type, 2017 vs 2022 (USD Million)
Figure 9 Intraocular Lens Market, By End User, 2017 vs 2022 (USD Million)
Figure 10 Geographic Snapshot: Intraocular Lenses Market
Figure 11 New Product Launches, Agreements, Collaborations, and Partnerships are the Major Strategies Adopted By Top Players
Figure 12 Intraocular Lens Market to Witness High Growth Rate During the Forecast Period
Figure 13 Traditional/Monofocal IOLs Commanded the Largest Share of the APAC Intraocular Lens Market in 2016
Figure 14 APAC to Register the Highest CAGR During the Forecast Period
Figure 15 US Accounted for the Largest Share of the Intraocular Lens Market in 2016
Figure 16 India to Register the Highest Growth During the Forecast Period
Figure 17 Prevalence of AMD, By Country, 2013-2023
Figure 18 Intraocular Lens Market: Geographic Growth Opportunities
Figure 19 North America: Intraocular Lenses Market Snapshot
Figure 20 Asia Pacific: Intraocular Lens Market Snapshot
Figure 21 Key Developments of Major Players Between 2014 and 2017
Figure 22 Global Intraocular Lens Market Share Analysis, By Key Player, 2016
Figure 23 Valeant Pharmaceuticals International: Company Snapshot
Figure 24 Novartis AG : Company Snapshot
Figure 25 Johnson & Johnson: Company Snapshot
Figure 26 Carl Zeiss Meditec: Company Snapshot
Figure 27 Hoya Corporation: Company Snapshot
Figure 28 Staar Surgical Company: Company Snapshot

The global Intraocular Lens Market is projected to reach USD 4.56 Billion by 2022 from USD 3.50 Billion in 2017, at a CAGR of 5.4%. The growth of this market is majorly driven by the growth in the geriatric population and corresponding age-related eye disorders, rising prevalence of eye diseases & diabetes in the overall population across the globe, and increasing government initiatives to control and treat blindness caused by cataract.

The growing demand for the innovative and advanced IOLs is another key factor responsible for the growth of the Intraocular Lens Market. Market players such as Alcon (US), Bausch and Lomb (US), Johnson & Johnson Vision Care (US), Carl Zeiss Meditec (Germany), and Rayner Intraocular Lenses (UK) have launched various kinds of IOLs in the past four years.

This report analyzes the Intraocular Lens Market by type, material, end user, and region. By type, the market is segmented into traditional/monofocal IOLs, premium IOLs, and phakic IOLs. The monofocal IOLs segment accounted for the largest share of the market in 2017, owing to the benefits offered by aspheric monofocal IOLs, such as, ease of insertion for ophthalmic surgeons, induces less to zero aspheric aberration as compared to other types of IOLs, and and create a very effective contrast sensitive optical image for patients,

By material, the Intraocular Lens Market is segmented into foldable IOLs and IOLs. The foldable IOLs segment accounted for the largest share and is expected to grow at the highest CAGR during the forecast period. The growth of this segment is mainly attributed to their advantages such as 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.

On the basis of end users, the Intraocular Lens Market is segmented into hospitals and clinics, and ambulatory surgery centers (ASC). The hospitals and clinics segment held the largest share of the intraocular lens market in 2017; while ambulatory surgical centers are expected to register the highest growth during the forecast period. In comparison to hospitals, ASCs provide outpatient procedures that do not require an overnight stay post-surgery and offer cost-effective and convenient options for surgeries; these factors are resulting in the increasing number cataract procedures performed at ambulatory surgery centers.

Intraocular Lens (IOL) Market

Geographically, the global Intraocular Lens Market is segmented into North America, Europe, Asia Pacific, and Rest of World (including Latin America and the Middle East and Africa). North America holds the largest share of this market, and this is primarily attributed to the region’s well-established healthcare industry, the increasing geriatric population with rising prevalence for blindness associated with cataract, increasing disposable income, and rising healthcare expenditure.

However, the lack of awareness and low accessibility to eye care in low-income economies especially in rural areas may hinder the growth of Intraocular Lens Market.

Alcon (US), Bausch and Lomb (US), Johnson & Johnson Vision Care (US), Carl Zeiss Meditec (Germany), and HOYA Corporation (Japan) dominated the global Intraocular Lens Market. Some of the other players competing in this market are STAAR Surgical Company (US), Rayner Intraocular Lenses Limited (UK), PhysIOL (Belgium), Ophtec BV (Netherlands), Swiss Advanced Vision (SAV IOL) (Switzerland), Oculentis GmbH (Germany), NIDEK CO., LTD. (Japan), Aurolab (India), Omni Lens Pvt Ltd. (India), Care Group (India), Hanita Lenses R.C.A Ltd. (Israel), and Fred Hollows Intraocular Laboratory (Eritrea).

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