An intraocular lens implant is a synthetic, artificial lens that replaces the focusing ability of the eye’s natural lens, which is usually surgically removed as part of cataract surgery. When the natural lens is removed, much of the eye's ability to focus is lost. The intraocular lens implant is routinely utilized during cataract surgery. Intraocular lenses work much in the same way as a natural lens would. As light rays enter the eye, the IOL bends (or refracts) the light rays to help accurately see. A lens implant may have various focusing powers, like prescription contact lenses or eyeglasses. Approximately 2.2 billion people worldwide are visually impaired; more than 80% of blindness cases are preventable with early diagnosis and treatment. As the world's population ages, the need for high-quality vision care is increasing and evolving, with the availability of various IOLs for visual impairments. The elderly population is growing rapidly in several regions around the world. A rapidly growing elderly population is associated with increased chronic diseases, including eye diseases propels the intraocular lens market growth.
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North America accounted for the largest share of 35.57% in the global intraocular lens market in 2022. The region has a developed infrastructure for healthcare services, a high amount of adoption of advanced products in eye care services, and high expenditure driving higher market growth. The increasing awareness and rising geriatric population are expected to drive market growth in the upcoming years. The increasing aging population will drive the demand for eye diagnosis. The increasing demand for cataract and glaucoma diagnosis will also influence the market growth. The region's demand for vision care products is driven by high awareness, better product availability, and an extensive reach of innovative products. The same is also reinforced by a well-connected and sophisticated healthcare delivery and distribution network. Further, the region has high accessibility to vision care products and services.
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An Exclusive Research Report Comprised of
281 Pages|139 Tables|111 Charts
Key Company Profiles
- Alcon
- Bausch & Lomb
- HOYA
- Johnson & Johnson
- ZEISS
Other Prominent Vendors
- AcuFocus
- Aurolab
- Biotech Healthcare Group
- BVI
- Care Group
- Excellent Hi-Care
- Eyekon Medical
- Hanita Lenses
- HumanOptics
- Lenstec
- NIDEK
- Omni Lens
- Ophtec
- Rayner Group
- RXSIGHT
- SAV-IOL
- SIFI S.p.A
- STAAR SURGICAL
- TELEON
- ZARACCOM LENSES
Market Segmentation
Product
- Traditional/Monofocal IOL
- Premium IOL
- Phakic IOL
Material
- Hydrophobic Acrylic
- Hydrophilic Acrylic
- Silicone
- PMMA
End-user
- Standalone Eye Care Centers & ASCs
- Hospitals
- Eye Research Institutes
Geography
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- Turkey
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