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Pulished Date February, 2020
ID: 5234
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Intraocular Lens Market Analysis - By Material (Polymethylmethacrylate (PMMA), Silicone And Hydrophobic Acrylic), Type (Monofocal Intraocular Lens And Premium Intraocular Lens (Toric Intraocular Lens, Multifocal Intraocular Lens, & Accommodating Intraocular Lens)), End User (Hospitals, Ophthalmology Clinics, Eye Research Institutes And Ambulatory Surgical Centers), Region - Global Industry Analysis, Size, Share, Growth, Trends, & Forecast To 2024

Pulished: February, 2020
ID: 5234
Pages: 175

Intraocular Lens Market Size & Growth (2019 – 2024):

According to the research report, the Global Intraocular Lens Market Size is valued at USD 3.4 billion in 2019 and estimated to grow at a CAGR of 4.9%, to reach 4.53 billion by 2024 during the forecast period 2019-2024. Intraocular lens is defined as it is a feigned lens that is inserted during the cataract process.                    

Industry Overview

Many people are suffering with cataract that may be caused due to According to the WHO; cataract is responsible for blindness and is likely to be regarded to support the intraocular lens market. According to the International Agency for the prevention of Blindness, Vision 2020 is one the resourcefulness that is introduced by the IAPB, to permanently get rid of the blindness across the world.

In 2017, Maharashtra FDA has released the hiking up of the lenses that has announced the patients who has to undergo cataract surgery are costing 200 to 300% larger than the purchase cost.

Drivers

Factors like the number of cataract surgeries are increasing the market growth. Growing awareness people by arranging campaigns for cataract patients by various government and other private and public organizations is likely to enlarge the market growth. Growing elder people population and also growing diabetic population that leads to the cataract and other ophthalmology procedures is also boosting up the market growth.

The availability of proficient physicians and healthcare practioner’s are also one of the factors that boost up the market growth. Convenient and comfortable use of lens, availability of the lens in the market is accelerating the market growth. Cost and surgeon importance are also the factors that surge up the market growth.

Restrains

The hiking up of the intraocular lens is one of the major factors that are limiting the market growth. Rigid and firm regulations in accepting the premarket approval for the intraocular lens is expected to hamper the market growth. Shortage of proper coverage of policy where the patient pays portion of money to the policy holder for intraocular lens is one of the factors that increase the market growth. Side-effects that occur post-surgical are one of the factors that obstruct the market growth.

Recent Market Developments in the Intraocular Lens Industry:

  • On March 12, 2020, Alcon has stated that the launch of new AcrySof IQ Vivity intraocular lens is available in European country markets. This new launch has got some features like usage of non-diffractive design X-WAVE technology that is used to decrease the dependency on glasses when a patient undergoes cataract.
  • On August 24, 2015, Lenstec has stated that trials have started for receiving the acceptance of its new segmented Bi-focal lens SBL-3. This is designed to come up with near, intermediate and distant picture clarity and also removes cataract. The SBL-3 is inserted along the standard small opening operational system.
  • On December 04, 2019, Johnson & Johnson stated that has received the FDA acceptance and has introduced the Tecnis Toris II one-piece intraocular lens to treat astigmatism in patients with cataract. This is designed to deliver optical development for various optical conditions and lifestyles.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2018 – 2024

Base Year

2018

Forecast Period

2019 - 2024

Segments Covered

By Material, Type, End-User, Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Johnson & Johnson, Valeant, Carl Zeiss Meditec AG, Rayner, Alcon, Inc. (a division of Novartis AG), EyeKon Medical, Inc., Lenstec, Inc., HumanOptics AG, STAAR Surgical, Physiol s.a., Calhoun Vision Center, and Oculentis GmBH.,

 

This market research report on Global Intraocular Lens Market has been segmented and sub-segmented into the following categories and analyzed market size and forecast until 2024.

Intraocular Lens Market - By Material:

  • Polymethylmethacrylate (PMMA)
  • Silicone
  • Hydrophobic Acrylic

Based on the Material, Silicone and Hydrophobic Acrylic is likely to obtain major share of the market. These intraocular lenses are made from these silicone and hydrophobic acrylic which can be inserted through small openings or cuts.

Intraocular Lens Market - By Type:

  • Monofocal Intraocular Lens
  • Premium Intraocular Lens
    • Toric Intraocular Lens
    • Multifocal Intraocular Lens
    • Accommodating Intraocular Lens

Based on the type, Monofocal Intraocular lens segment is expected to dominate the intraocular lens market. Due to the low cost when compared with premium ones and government policies that are supportable are the factors that increase the market.

Intraocular Lens Market - By End User:

  • Hospitals
  • Ophthalmology Clinics
  • Eye Research Institutes
  • Ambulatory Surgical Centers

Based on the End-User category, Hospitals segment is expected to maintain their dominance during the period. Hospitals have advance technology facilities used for the usage of retinal and corneal is propelling the market growth.

Regional Analysis:

North America is expected to have the largest market share due to the increasing number of patients undergoing cataract surgery. Asia Pacific is expected to witness significant growth.

Key Market participants dominating the Global Intraocular Lens Market are:

  1. Johnson & Johnson
  2. Valeant
  3. Carl Zeiss Meditec AG
  4. Rayner
  5. Alcon, Inc (a division of Novartis AG)
  6. EyeKon Medical, Inc
  7. Lenstec, Inc
  8. HumanOptics AG
  9. STAAR Surgical
  10. PhysIOL s.a
  11. Calhoun Vision Center
  12. Oculentis GmBH

1. Introduction         

                1.1 Market Definition 

                1.2 Study Deliverables 

                1.3 Base Currency, Base Year and Forecast Periods  

                1.4 General Study Assumptions           

2. Research Methodology                   

                2.1 Introduction       

                2.2 Research Phases   

                                2.2.1 Secondary Research      

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling 

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design 

                2.4 Study Timeline  

3. Overview               

                3.1 Executive Summary           

                3.2 Key Inferences 

                3.3 Epidemiology      

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)            

                4.1 Market Drivers  

                4.2 Market Restraints 

                4.3 Key Challenges 

                4.4 Current Opportunities in the Market      

5. Market Segmentation                      

                5.1 Material    

                                5.1.1 Introduction      

                                5.1.2 Polymethylmethacrylate (PMMA)                                

                                5.1.3 Silicone

                                5.1.4 Hydrophobic Acrylic       

                                5.1.5  Y-o-Y Growth Analysis, By Material        

                                5.1.6  Market Attractiveness Analysis, By Material      

                                5.1.7  Market Share Analysis, By Material        

                5.2 Type      

                                5.2.1 Introduction      

                                5.2.2 Monofocal Intraocular Lens        

                                5.2.3 Premium Intraocular Lens                                

           5.2.3.1 Toric Intraocular Lens                      

           5.2.3.2 Multifocal Intraocular Lens                           

           5.2.3.3 Accommodating Intraocular Lens                              

           5.2.4 Others                   

        5.2.4.1 Blue Light Filtering Intraocular Lens       

        5.2.4.2 Phakic Intraocular Lens               

        5.2.4.3  Aspheric Intraocular Lens         

                                  5.2.4.4 Y-o-Y Growth Analysis, By Type                                     

                                 5.2.4.5 Market Attractiveness Analysis, By Type                                   

                                 5.2.4.6 Market Share Analysis, By Type                                     

                5.3 End-User   

                                5.3.1 Introduction      

                                5.3.2 Hospitals                                  

                                5.3.3 Ambulatory Surgery Centers      

                                5.3.4 Ophthalmology Clinics   

                                5.3.5 Eye Research Institutes

                                5.3.6 Y-o-Y Growth Analysis, By End User        

                                5.3.7  Market Attractiveness Analysis, By End User     

                                5.3.8  Market Share Analysis, By End User                                            

6. Geographical Analysis                      

                6.1 Introduction       

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis

                                6.1.3 Y-o-Y Growth Analysis   

           6.1.3.1 By Geographical Area                     

           6.1.3.2 By Material                          

           6.1.3.3 By Type                 

           6.1.3.4 By End User                        

          6.1.4  Market Attractiveness Analysis

           6.1.4.1 By Geographical Area                     

           6.1.4.2 By Material                          

           6.1.4.3 By Type                 

                    6.1.4.4 By End User                        

                         6.1.5  Market Share Analysis 

           6.1.5.1 By Geographical Area                     

           6.1.5.2 By Material                          

           6.1.5.3 By Type                 

           6.1.5.4 By End User                        

                6.2 North America  

                                6.2.1 Introduction      

                                6.2.2 United States    

                                6.2.3 Canada                                     

                6.3 Europe

                                6.3.1 Introduction      

                                6.3.2 U.K        

                                6.3.3 Spain    

                                6.3.4 Germany                                 

                                6.3.5 Italy       

                                6.3.6 France  

                6.4 Asia-Pacific            

                                6.4.1 Introduction      

                                6.4.2 China    

                                6.4.3 India     

                                6.4.4 Japan    

                                6.4.5 Australia                                   

                                6.4.6 South Korea      

                6.5 Latin America     

                                6.5.1 Introduction      

                                6.5.2 Brazil     

                                6.5.3 Argentina                                

                                6.5.4 Mexico

                                6.5.5 Rest of Latin America     

                6.6 Middle East & Africa          

                                6.6.1 Introduction      

                                6.6.2 Middle-East       

                                6.6.3 Africa    

7. Strategic Analysis               

                7.1 PESTLE analysis 

                                7.1.1 Political

                                7.1.2 Economic                                 

                                7.1.3 Social    

                                7.1.4 Technological    

                                7.1.5 Legal     

                                7.1.6 Environmental  

                7.2 Porter’s Five analysis      

                                7.2.1 Bargaining Power of Suppliers   

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants

                                7.2.4 Threat of Substitute Products and Services         

                                7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis                

                8.1 Johnson & Johnson

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments  

                                8.1.5 SWOT analysis  

                                8.1.6 Analyst View     

                8.2 Carl Zeiss Meditec AG    

                8.3  Rayner 

                8.4 EyeKon Medical, Inc          

                8.5 HumanOptics AG  

                8.6  STAAR Surgical

                8.7 HOYA GROUP    

                8.8 Alcon, Inc.  

                8.9 Valeant

9. Competitive Landscape                   

                9.1 Market share analysis    

                9.2 Merger and Acquisition Analysis    

                9.3 Agreements, Collaborations, and Joint Ventures 

                9.4 New Product Launches 

10. Market Outlook and Investment Opportunities                 

Appendix                   

                a) List of Tables           

                b) List of Figures

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of end-user, type and material along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Intraocular lens Market By Region, From 2019-2024 ( USD Billion )
  2. Global Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  3. Global Polymethylmethacrylate (PMMA) Market By Region, From 2019-2024 ( USD Billion )
  4. Global Silicone Market By Region, From 2019-2024 ( USD Billion )
  5. Global Hydrophobic Acrylic Market By Region, From 2019-2024 ( USD Billion )
  6. Global Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  7. Global Monofocal Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  8. Global Premium Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  9. Global Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  10. Global Hospitals Market By Region, From 2019-2024 ( USD Billion )
  11. Global Ambulatory Surgery Centers Market By Region, From 2019-2024 ( USD Billion )
  12. Global Ophthalmology Clinics Market By Region, From 2019-2024 ( USD Billion )
  13. Global Eye Research Institutes Market By Region, From 2019-2024 ( USD Billion )
  14. North America Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  15. North America Polymethylmethacrylate (PMMA) Market By Region, From 2019-2024 ( USD Billion )
  16. North America Silicone Market By Region, From 2019-2024 ( USD Billion )
  17. North America Hydrophobic Acrylic Market By Region, From 2019-2024 ( USD Billion )
  18. North America Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  19. North America Monofocal Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  20. North America Premium Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  21. North America Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  22. North America Hospitals Market By Region, From 2019-2024 ( USD Billion )
  23. North America Ambulatory Surgery Centers Market By Region, From 2019-2024 ( USD Billion )
  24. North America Ophthalmology Clinics Market By Region, From 2019-2024 ( USD Billion )
  25. North America Eye Research Institutes Market By Region, From 2019-2024 ( USD Billion )
  26. United States Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  27. United States Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  28. United States Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  29. Canada Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  30. Canada Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  31. Canada Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  32. Europe Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  33. Europe Polymethylmethacrylate (PMMA) Market By Region, From 2019-2024 ( USD Billion )
  34. Europe Silicone Market By Region, From 2019-2024 ( USD Billion )
  35. Europe Hydrophobic Acrylic Market By Region, From 2019-2024 ( USD Billion )
  36. Europe Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  37. Europe Monofocal Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  38. Europe Premium Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  39. Europe Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  40. Europe Hospitals Market By Region, From 2019-2024 ( USD Billion )
  41. Europe Ambulatory Surgery Centers Market By Region, From 2019-2024 ( USD Billion )
  42. Europe Ophthalmology Clinics Market By Region, From 2019-2024 ( USD Billion )
  43. Europe Eye Research Institutes Market By Region, From 2019-2024 ( USD Billion )
  44. U.K. Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  45. U.K. Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  46. U.K. Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  47. Germany Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  48. Germany Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  49. Germany Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  50. France Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  51. France Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  52. France Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  53. Italy Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  54. Italy Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  55. Italy Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  56. Spain Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  57. Spain Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  58. Spain Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  59. Asia Pacific Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  60. Asia Pacific Polymethylmethacrylate (PMMA) Market By Region, From 2019-2024 ( USD Billion )
  61. Asia Pacific Silicone Market By Region, From 2019-2024 ( USD Billion )
  62. Asia Pacific Hydrophobic Acrylic Market By Region, From 2019-2024 ( USD Billion )
  63. Asia Pacific Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  64. Asia Pacific Monofocal Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  65. Asia Pacific Premium Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  66. Asia Pacific Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  67. Asia Pacific Hospitals Market By Region, From 2019-2024 ( USD Billion )
  68. Asia Pacific Ambulatory Surgery Centers Market By Region, From 2019-2024 ( USD Billion )
  69. Asia Pacific Ophthalmology Clinics Market By Region, From 2019-2024 ( USD Billion )
  70. Asia Pacific Eye Research Institutes Market By Region, From 2019-2024 ( USD Billion )
  71. Japan Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  72. Japan Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  73. Japan Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  74. China Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  75. China Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  76. China Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  77. India Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  78. India Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  79. India Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  80. Australia Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  81. Australia Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  82. Australia Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  83. South Korea Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  84. South Korea Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  85. South Korea Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  86. Latin America Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  87. Latin America Polymethylmethacrylate (PMMA) Market By Region, From 2019-2024 ( USD Billion )
  88. Latin America Silicone Market By Region, From 2019-2024 ( USD Billion )
  89. Latin America Hydrophobic Acrylic Market By Region, From 2019-2024 ( USD Billion )
  90. Latin America Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  91. Latin America Monofocal Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  92. Latin America Premium Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  93. Latin America Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  94. Latin America Hospitals Market By Region, From 2019-2024 ( USD Billion )
  95. Latin America Ambulatory Surgery Centers Market By Region, From 2019-2024 ( USD Billion )
  96. Latin America Ophthalmology Clinics Market By Region, From 2019-2024 ( USD Billion )
  97. Latin America Eye Research Institutes Market By Region, From 2019-2024 ( USD Billion )
  98. Brazil Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  99. Brazil Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  100. Brazil Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  101. Argentina Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  102. Argentina Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  103. Argentina Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  104. Mexico Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  105. Mexico Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  106. Mexico Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  107. Rest of Latin America Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  108. Rest of Latin America Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  109. Rest of Latin America Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  110. Middle East and Africa Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  111. Middle East and Africa Polymethylmethacrylate (PMMA) Market By Region, From 2019-2024 ( USD Billion )
  112. Middle East and Africa Silicone Market By Region, From 2019-2024 ( USD Billion )
  113. Middle East and Africa Hydrophobic Acrylic Market By Region, From 2019-2024 ( USD Billion )
  114. Middle East and Africa Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  115. Middle East and Africa Monofocal Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  116. Middle East and Africa Premium Intraocular Lens Market By Region, From 2019-2024 ( USD Billion )
  117. Middle East and Africa Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  118. Middle East and Africa Hospitals Market By Region, From 2019-2024 ( USD Billion )
  119. Middle East and Africa Ambulatory Surgery Centers Market By Region, From 2019-2024 ( USD Billion )
  120. Middle East and Africa Ophthalmology Clinics Market By Region, From 2019-2024 ( USD Billion )
  121. Middle East and Africa Eye Research Institutes Market By Region, From 2019-2024 ( USD Billion )
  122. Middle East Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  123. Middle East Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  124. Middle East Intraocular lens Market By End User, From 2019-2024 ( USD Billion )
  125. Africa Intraocular lens Market By Material, From 2019-2024 ( USD Billion )
  126. Africa Intraocular lens Market By Type, From 2019-2024 ( USD Billion )
  127. Africa Intraocular lens Market By End User, From 2019-2024 ( USD Billion )

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