the Global Intraocular Lens market is accounted for $3.74 billion in 2016 and is expected to reach $5.49 billion by 2022 growing at a CAGR of 6.6% during the forecast period 2016 to 2022. Prevailing incidences of cataract surgeries across the globe had created predominant market for Intraocular lens.
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Growing geriatric population subjected to ocular cataract conditions and rising Government initiatives to eradicate the blindness across the population had driven the market scenario. In contradiction to that unfavorable reimbursement conditions are hindering the market.
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Monofocal IOLS in the lens type segment is estimated to dominate the market on account of less cost and high public acceptance. However, the premium intraocular lens market is estimated to grow at highest CAGR owing to its specification to reduce patient need for glasses.
Eye Research Institutes segment is estimated to dominate the market, providing huge usage of lens in these institutes. North American market is expected to dominate the market due to vast number of aged population and availability of reimbursement scenarios.
Some of the key players of the Intraocular Lens market include Abbott Medical Optics, Inc., Alcon, Inc., Bausch & Lomb Incorporated, Calhoun Vision, Inc., Carl Zeiss Meditec AG, Eyekon Medical, Inc., Hoya Corporation, HumanOptics AG, Johnson & Johnson, Lenstec, Inc., PhysIOL, Rayner Intraocular Lenses Limited, STAAR Surgical Company and Valeant.
Ambulatory Surgical Centers (ASCs)
Eye Research Institutes
Accommodating intraocular lenses
Multifocal intraocular lenses
Toric intraocular lenses
Rest of Europe
Rest of APAC
Rest of the World
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