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 & Geography
The global Intraocular Lens Market is projected to grow at a CAGR of 5.4%. Intraocular lenses (IOL) are the medical devices which are implanted inside the eye to replace natural eye lens; so as to treat cataract or refractive errors. Growth in this market can be attributed to the rapid growth in the geriatric population and associated eye disorders, rising prevalence of eye diseases & diabetes in the overall population across the globe, technological advancements in intraocular lenses, and increasing government initiatives to control and treat blindness caused by cataract. The growing focus of companies on emerging countries and gradual shift towards newer technologies are offering significant growth opportunities for players in intraocular lens market.
Intraocular Lens Market Dynamics
Growing Preference 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.
The Objectives of the study:
- To define, describe, and forecast the global intraocular lens market by type, material, end user, and region
- To provide detailed information regarding major factors influencing the growth of the 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 intraocular lens 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 partnership; mergers and acquisitions; and product developments and launches of key players in the global intraocular lens market
Frequently Asked Questions (FAQs):
What is the size of Intraocular Lens Market?
The global Intraocular Lens Market is projected to grow at a CAGR of 5.4%.
What are the major growth factors of Intraocular Lens Market?
Intraocular lenses (IOL) are the medical devices which are implanted inside the eye to replace natural eye lens; so as to treat cataract or refractive errors. Growth in this market can be attributed to the rapid growth in the geriatric population and associated eye disorders, rising prevalence of eye diseases & diabetes in the overall population across the globe, technological advancements in intraocular lenses, and increasing government initiatives to control and treat blindness caused by cataract. The growing focus of companies on emerging countries and gradual shift towards newer technologies are offering significant growth opportunities for players in intraocular lens market.
Who all are the prominent players of Intraocular Lens Market?
The key players in the global intraocular lenses 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).
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Intraocular Lens 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 Market: Regional Mix
4.4 Market: Geographical Snapshot
4.5 Intraocular Lens Market: Developed vs Developing Countries
5 Market Overview (Page No. - 37)
5.1 Introduction
5.2 Intraocular Lens 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 IOL Market, By Type, 2015–2022 (USD Million)
Table 8 Traditional/Monofocal IOL Market, By Country, 2015–2022 (USD Million)
Table 9 Traditional/Monofocal IOL Market, By Country, 2015–2022 (Thousand Units)
Table 10 Aspheric Monofocal IOL Market, By Country, 2015–2022 (USD Million)
Table 11 Spheric Monofocal IOL Market, By Country, 2015–2022 (USD Million)
Table 12 Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 13 Premium IOL Market, By Country, 2015–2022 (USD Million)
Table 14 Premium IOL 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 IOL Market, By Country, 2015–2022 (USD Million)
Table 18 EDoF IOL Market, By Country, 2015–2022 (USD Million)
Table 19 Major Brands of Phakic IOLs
Table 20 Phakic IOL Market, By Country, 2015–2022 (USD Thousand)
Table 21 Market, By Material, 2015–2022 (USD Million)
Table 22 Foldable IOL Market, By Type, 2015-2022 (USD Million)
Table 23 Foldable IOL Market, By Country, 2015-2022 (USD Million)
Table 24 Global Hydrophobic Acrylic IOLs Market, By Country, 2015-2022 (USD Million)
Table 25 Hydrophilic Acrylic IOL Market, By Country, 2015-2022 (USD Million)
Table 26 Other Foldable IOLs Market, By Country, 2015-2022 (USD Million)
Table 27 PMMA IOL Market, By Country, 2015-2022 (USD Million)
Table 28 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 By Region, 2015–2022 (USD Million)
Table 32 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: Market, By Type, 2015–2022 (Thousand Units)
Table 44 US: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 45 US: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 46 US: Intraocular Lens Market, By Material, 2015–2022 (USD Million)
Table 47 US: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 48 US: Market, By End User, 2015–2022 (USD Million)
Table 49 Canada: Key Macroindicators for the Intraocular Lenses Market
Table 50 Canada: Market, By Type, 2015–2022 (USD Million)
Table 51 Canada: 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: Market, By Country, 2015–2022 (USD Million)
Table 58 Asia Pacific: Market, By Type, 2015–2022 (USD Million)
Table 59 Asia Pacific: 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: Market, By Material, 2015–2022 (USD Million)
Table 63 Asia Pacific: Foldable IOLs Market, By Type, 2015–2022 (USD Million)
Table 64 Asia Pacific: 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: Market, By Type, 2015–2022 (Thousand Units)
Table 68 Japan: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 69 Japan: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 70 Japan: Market, By Material, 2015–2022 (USD Million)
Table 71 Japan: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 72 Japan: Market, By End User, 2015–2022 (USD Million)
Table 73 India: Key Macroindicators for the Intraocular Lens Market
Table 74 India: Market, By Type, 2015–2022 (USD Million)
Table 75 India: Market, By Type, 2015–2022 (Thousand Units)
Table 76 India: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 77 India: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 78 India: Market, By Material, 2015–2022 (USD Million)
Table 79 India: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 80 India: Market, By End User, 2015–2022 (USD Million)
Table 81 China: Key Macroindicators for the Intraocular Lenses Market
Table 82 China: Market, By Type, 2015–2022 (USD Million)
Table 83 China: Market, By Type, 2015–2022 (Thousand Units)
Table 84 China: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 85 China: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 86 China: Intraocular Lenss Market, By Material, 2015–2022 (USD Million)
Table 87 China: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 88 China: Intraocular Lens Market, By End User, 2015–2022 (USD Million)
Table 89 RoAPAC: Market, By Type, 2015–2022 (USD Million)
Table 90 RoAPAC: Market, By Type, 2015–2022 (Thousand Units)
Table 91 RoAPAC: Traditional/Monofocal IOL Market, By Type, 2015–2022 (USD Million)
Table 92 RoAPAC: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 93 RoAPAC: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 94 RoAPAC: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 95 RoAPAC: Market, By End User, 2015–2022 (USD Million)
Table 96 Europe: Market, By Country, 2015–2022 (USD Million)
Table 97 Europe: Market, By Type, 2015–2022 (USD Million)
Table 98 Europe: Market, By Type, 2015–2022 (Thousand Units)
Table 99 Europe: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 100 Europe: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 101 Europe: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 102 Europe: Foldable IOL 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 IOL Market, By Type, 2015–2022 (USD Million)
Table 108 Germany: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 109 Germany: Market, By Material, 2015–2022 (USD Million)
Table 110 Germany: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 111 Germany: Market, By End User, 2015–2022 (USD Million)
Table 112 France: Key Macroindicators for the Intraocular Lenses Market
Table 113 France: Market, By Type, 2015–2022 (USD Million)
Table 114 France: Market, By Type, 2015–2022 (Thousand Units)
Table 115 France: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 116 France: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 117 France: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 118 France: Foldable IOL 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 IOL Market, By Type, 2015–2022 (USD Million)
Table 125 UK: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 126 UK: Market, By Material, 2015–2022 (USD Million)
Table 127 UK: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 128 UK: Market, By End User, 2015–2022 (USD Million)
Table 129 Italy: Key Macroindicators for the Intraocular Lens Market
Table 130 Italy: Market, By Type, 2015–2022 (USD Million)
Table 131 Italy: Market, By Type, 2015–2022 (Thousand Units)
Table 132 Italy: Traditional/Monofocal IOLs Market, By Type, 2015–2022 (USD Million)
Table 133 Italy: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 134 Italy: Market, By Material, 2015–2022 (USD Million)
Table 135 Italy: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 136 Italy: 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 IOL Market, By Type, 2015–2022 (USD Million)
Table 141 Spain: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 142 Spain: Intraocular Lenses Market, By Material, 2015–2022 (USD Million)
Table 143 Spain: Foldable IOL 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: Market, By Type, 2015–2022 (USD Million)
Table 147 RoE: Market, By Type, 2015–2022 (Thousand Units)
Table 148 RoE: Traditional/Monofocal IOL Market, By Type, 2015–2022 (USD Million)
Table 149 RoE: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 150 RoE: Intraocular Lenss Market, By Material, 2015–2022 (USD Million)
Table 151 RoE: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 152 RoE: Market, By End User, 2015–2022 (USD Million)
Table 153 Latin America: Market, By Type, 2015–2022 (USD Million)
Table 154 Latin America: Market, By Type, 2015–2022 (Thousand Units)
Table 155 Latin America: Traditional/Monofocal IOL Market, By Type, 2015–2022 (USD Million)
Table 156 Latin America: Premium IOL Market, By Type, 2015–2022 (USD Million)
Table 157 Latin America: Market, By Material, 2015–2022 (USD Million)
Table 158 Latin America: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 159 Latin America: Market, By End User, 2015–2022 (USD Million)
Table 160 Middle East & Africa: Market, By Type, 2015–2022 (USD Million)
Table 161 Middle East & Africa: 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 IOL Market, By Type, 2015–2022 (USD Million)
Table 164 Middle East & Africa: Market, By Material, 2015–2022 (USD Million)
Table 165 Middle East & Africa: Foldable IOL Market, By Type, 2015–2022 (USD Million)
Table 166 Middle East & Africa: 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 Market, By Type, 2017 vs 2022 (USD Million)
Figure 5 Traditional/Monofocal IOL Market, By Type, 2017 vs 2022 (USD Million)
Figure 6 Premium IOL Market, By Type, 2017 vs 2022 (USD Million)
Figure 7 Intraocular Lenses Market, By Material, 2017 vs 2022 (USD Million)
Figure 8 Foldable IOL Market, By Type, 2017 vs 2022 (USD Million)
Figure 9 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 Market to Witness High Growth Rate During the Forecast Period
Figure 13 Traditional/Monofocal IOL Commanded the Largest Share of the APAC 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 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 Market: Geographic Growth Opportunities
Figure 19 North America: Intraocular Lenses Market Snapshot
Figure 20 Asia Pacific: Market Snapshot
Figure 21 Key Developments of Major Players Between 2014 and 2017
Figure 22 Global 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
This study involved four major activities in estimating the current size of the intraocular lenses (IOLs) market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the sizes of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles by recognized authors; trade directories; and databases such as D&B Hoovers and Bloomberg Businessweek were referred to identify and collect information for this study.
Primary Research
The intraocular lenses market comprises several stakeholders such as intraocular lenses manufacturers, suppliers and distributors of intraocular lenses, research institutes and laboratories, government associations, and healthcare services providers (including hospitals, eye clinics, and public & private eye care centers). Primary sources from the supply side, including CEOs, managing director, vice presidents, marketing and sales directors, business development managers, technology and innovation directors of intraocular lenses manufacturing companies, suppliers, and distributors, have been considered. Demand-side primary sources include industry experts such as directors of hospitals and ophthalmic clinics, ophthalmic hospital & clinic managers, optometrists, professors, research scientists, and related key opinion leaders.
To know about the assumptions considered for the study, download the pdf brochure
Intraocular Lens Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the intraocular lenses market. These methods were also used to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research.
- The industry’s market size, in terms of value, has been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using market size estimation processes as explained above-the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Objectives of the Study
- To define, describe, and forecast the global intraocular lenses market by type, material, end user, and region
- To provide detailed information regarding major factors influencing the growth of the 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 lenses market and comprehensively analyze their core competencies2
- To track and analyze competitive developments such as agreements and partnership; mergers and acquisitions; and product developments and launches of key players in the global intraocular lenses market
1. Micromarkets are defined as further segments and subsegments of the global intraocular lenses market included in the report.
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.
Intraocular Lens Market Scope
|
Report Metric |
Details |
|
Market size available for years |
2015-2022 |
|
Base year considered |
2016 |
|
Forecast period |
2017-2022 |
|
Forecast units |
Value (USD Million) |
|
Segments covered |
Type, Material, End User, and Regions |
|
Geographies covered |
North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa |
|
Companies covered |
Bausch + Lomb (US), Alcon, Inc. (US), 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), Fred Hollows Intraocular Laboratory (Eritrea) |
This research report categorizes the intraocular lenses market into the following segments and subsegments:
By Type
-
Traditional/Monofocal IOLs
- Aspheric Monofocal IOLs
- Spheric Monofocal IOLs
- Traditional Wear Intraocular lenses
-
Premium IOLs
- Multifocal IOLs
- Accommodating IOLs
- Extended Depth of Focus (EDOF) IOLs
By Material
- Polymethylmethacrylate IOLs (PMMA IOLs)
-
Foldable IOLs
- Hydrophobic Acrylic IOLs
- Hydrophilic Acrylic IOLs
- Other Foldable IOLs
By End User
- Hospitals and Clinics
- Ambulatory Surgery Centers
By Region
-
North America
- US
- Canada
-
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
-
Asia Pacific
- India
- China
- Japan
- Rest of Asia Pacific
- 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 lenses market into the Netherlands, Belgium, Poland, and other countries
- Further breakdown of the Rest of Asia Pacific intraocular lenses market into Australia, New Zealand, South Korea, and other countries
- Further breakdown of Latin America intraocular lenses market into Brazil, Mexico, and other countries
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Intraocular Lens Market