New report published by Data Bridge Market Research Which offers insights on the “Global Intraocular Lens (IOL) Market”. The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. A thorough analysis of these elements has been accepted for defining the future growth prospects of the Global Intraocular Lens (IOL) Market. This research report helps provide insights into innovations, opportunities and new development in the Intraocular Lens (IOL) and its connected industries. It includes vital trends and dynamics of the market at regional level for the given forecast period. “Intraocular Lens (IOL) “is a practice that helps organizations to improve performance by analyzing existing organizations’ problems and developing improvement plans. Organizations can leverage the services of management consultants for a variety of reasons, including external (and perhaps objective) advice and access to consultant expertise.
Global Intraocular Lens (IOL) Market is expected to reach USD 5.36 billion by 2025, from USD 2.52 billion in 2017 growing at a CAGR of 5.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Key players/Competitors Profiled in this report are:
Novartis AG, Valeant, Johnson & Johnson Vision Care, Inc., Carl Zeiss Meditec AG, HOYA Corporation, STAAR SURGICAL, Rayner, PhysIOL, Ophtec BV, SAV-IOL SA, Oculentis, NIDEK CO., LTD., Aurolab, Omni Lens, Care Group, Hanita Lenses, Fhiol, USIOL Inc., PowerVision, Inc.
A bird’s eye view of the Intraocular Lens (IOL) Industry made available in the report helps readers to understand the key drivers, restraints, challenges, and opportunities that are shaping the Intraocular Lens (IOL) market. Furthermore, the report evaluates challenges experienced from buyers and sellers side.
For a pervasive understanding of the market, business strategies and latest developments of the vital players accompanied with co-development deals and market size have also been enclosed. Briefly citing, their revenue share, contact information and meticulous SWOT analysis is available. The regions which have been studied in depth are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps gain better idea about the spread of this particular market in respective regions.
The report takes a close and analytical look at the various companies that strive for a higher share of the Intraocular Lens (IOL) Market. Data on the leading and fastest-growing segments along with what drives them has been given.
This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria.
Market Drivers & Market Restraint: Global Intraocular Lens (IOL) Market
- Increasing prevalence of eye diseases
- Government initiatives to control and treat blindness
- Increasing demand for minimally invasive procedures
- Technologically advancement and new product launch
- Lack of proper coverage or co-payment policies for premium IOLs
- Untapped potential of emerging markets
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Market Segmentation: Global Intraocular Lens (IOL) Market
Based on type the global intraocular lens (IOL) market is segmented into
- traditional/monofocal IOLs,
- premium IOLs and
- phakic IOLs
Traditional/monofocal IOLs is further sub segmented into aspheric monofocal IOLs and spheric monofocal IOLs. Premium IOLs is further sub segmented into multifocal IOLs, accommodating IOLs and extended depth-of-focus (EDoF) IOLs.
The global intraocular lens (IOL) market segment is further segmented into
- foldable IOLs and
- PMMA IOLs on the basis of material
Foldable IOLs is further sub segmented into hydrophobic acrylic IOLs, hydrophilic acrylic IOLs and other foldable IOLs.
On the basis of end user the global intraocular lens (IOL) market is classified into
- specialty clinics and
- ambulatory surgery centers
Based on geography the global intraocular lens (IOL) market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Asia-Pacific and,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
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The report offers advice from key industry experts on how these challenges can be overcome. A major chunk of the report talks about the technologies that are and will influence the growth of the Intraocular Lens (IOL) Market. Forecasts for these technology sectors are presented in the report. Companies that offers the latest integrated technologies at an affordable cost are expected to thrive in the market.
The dominating Factors in the market along with the upcoming technologies that are expected to revolutionize the market are explained in the report.
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