Ocular Implants Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Ocular Implants Market Size Worth $18.4 Billion By 2025 | CAGR: 6.7%”
The global ocular implants market size is expected to reach USD 18.4 billion by 2025, growing at a CAGR of 6.7%, according to a new report by Grand View Research, Inc. The increase in incidence of cataract is a major factor for this market’s growth. Cataract has been identified as a leading cause of blindness globally, and this has encouraged many industry players and government organizations to develop ocular implants. Technological advancements and increasing acceptance of vision correction coupled with fast adoption of intraocular lenses in cataract surgeries are the factors supporting this market’s growth. For instance, a new collagen glaucoma implant that inhibits the formation of scar and is biodegradable has been developed. Eye research institutes play a vital role in the technological advancements associated with intraocular lenses. The advent of various advance intraocular lenses and increase in competition amongst players for development of better lenses as well as rise in investment on eye research institutes by government and nongovernment organizations are anticipated to fuel market growth. Hence, owing to the rise in number of clinical trials pertaining to these lenses and increase in government expenditure on R&D, the market is expected to witness lucrative growth in the intraocular segment.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/ocular-implants-market In addition, increase in ophthalmic disorders and demand for better eye implants are creating abundant growth opportunities for this market, which is expected to increase the number of players in the market. Further Key Findings From the Report Suggest:
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Intraocular lenses, corneal implants, orbital implants, glaucoma implants, and ocular prosthesis are the key segments analyzed in this study. The glaucoma implants segment was identified as the largest and is expected to grow at a CAGR of over 6.0% during the forecast period.
North America is one of the most lucrative regions for ocular implants due to growing aging population and easy availability of reimbursement facilities, which boost the regional market. The U.S. is most dominating country in this region, owing to a large population having supportive insurance coverage, technological advancements, and aging population, which is more prone to cataract.
Ophthalmic clinics in developing countries are working toward providing affordable eye care services, which in turn encourages the medical tourism in these countries. As a result, the demand for intraocular lenses is increasing in developing countries, thereby, driving ocular implants market growth.
Some key players are Bausch & Lomb Incorporation; Alcon Inc.; Johnson & Johnson Vision Care; Carl Zeiss Meditec AG.; MORCHER GmbH; and STAAR Surgical
Grand View Research has segmented the global ocular implants market on the basis of product, application, end use, and region: Ocular Implants Product Outlook (Revenue, USD Million, 2014 - 2025) Intraocular lenses
Corneal implants
Orbital implants
Glaucoma implants
Ocular prosthesis
Others
Ocular Implants Application Outlook (Revenue, USD Million, 2014 - 2025) Glaucoma surgery
Oculoplasty
Drug delivery
Age-related macular degeneration
Aesthetic purpose
Ocular Implants End-use Outlook (Revenue, USD Million, 2014 - 2025) Hospitals
Specialty eye institutes
Clinics
Ocular Implants Regional Outlook (Revenue, USD Million, 2014 - 2025) North America
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o
U.S.
o
Canada
Europe o
Germany
o
U.K
Asia Pacific o
China
o
Japan
Latin America o
Brazil
o
Mexico
MEA o
South Africa
o
Saudi Arabia
Table of Content Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Market Summary, 2016 Chapter 3. Ocular Implants Market Variables, Trends & Scope 3.1. Market Segmentation & Scope 3.2. Market Driver Analysis 3.3. Market Restraint Analysis 3.4. Penetration & Growth Prospect Mapping 3.5. SWOT Analysis, By Factor 3.5.1. Political 3.5.2. Economic 3.5.3. Technological 3.6. Industry Analysis - Porter’s Continue…………..
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About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
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