New York, USA, Sept. 22, 2022 (GLOBE NEWSWIRE) — The Global Ocular Implants Market to Exhibit Growth at a Considerable CAGR of 5. 90% by 2027 | DelveInsight

The particular ocular implants market is expected to grow in revenue due to factors such as an increase within the cases of eye disorders such as glaucoma, cataract, presbyopia, and myopia, a growing population associated with geriatric people around the world, and the latest technological advancements to further enhance product safety plus biocompatibility (2022 –2027).

DelveInsight’s Ocular Implants Marketplace Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies’ market shares, challenges, ocular implants marketplace drivers, barriers, and trends, and key ocular enhancements companies in the market.  

Key Takeaways from the particular Ocular Enhancements Market Report

  • As per DelveInsight estimates, North America will be anticipated in order to dominate the global ocular implants market during the particular forecast period.  
  • Notable ocular implants companies such as Alcon Inc., Johnson & Manley Services Inc., Bausch Health Companies Incorporation., ZEISS International, STAAR SURGICAL, Hoya Corporation, Glaukos Company, Second Sight, AbbVie Inc., Innolens, SAV-IOL SA, Morcher, Ophtec BV, Novartis International AG, NVision Eye Centres, iSTAR Medical, SMR Ophthalmic Pvt Ltd., Gulden Ophthalmics, MED-EL Healthcare Electronics, Aetna Inc. , and several others are currently operating in the ocular implants marketplace.
  • In April 2022, STAAR SURGICAL announced the launch of EVO Vision Implantable Collamer Lens at the American Society of Cataract and Refractive Surgery Annual Meeting (ASCRS) in Washington D. C.
  • In November 2021, Alcon Inc. took over Invantis Inc., which specializes in ocular glaucoma devices that are micro-invasive, in California to expand its glaucoma surgical enhancements segment.  
  • In May 2020, Bausch+Lomb , a part of Bosch Wellness Companies Incorporation., announced the particular European release of LuxSmart and LuxGood Preloaded Intraocular lenses. Some of the features of these lenses are their monofocal periphery, acrylic hydrophobicity, and UV light protection.

To read more about the latest highlights related to the ocular implants technology, get a snapshot of the key highlights entailed in the Global Ocular Implants Market Report

Ocular Implants Overview

Ocular implants are small devices made of medical-grade plastic acrylic that is designed to be inserted into the particular eye. Ocular implants are used inside surgical procedures to treat cataracts and other vision problems such as glaucoma, presbyopia, plus myopia.

Ocular implants, also known as ocular prostheses, are artificial eyes that are used to improve facial lineament damage caused by an eye disease or trauma. Intraocular lenses, corneal enhancements, orbital implants, glaucoma enhancements, and other products are usually the most common types associated with ocular implants.

Ocular Implants Marketplace Insights

North America is expected to lead the global ocular enhancements market in terms of revenue generation. This is usually due in order to the increasing prevalence of eye disorders and refractive errors like cataract, glaucoma, myopia, presbyopia, and so on. A large patient pool associated with refractive errors within the Northern American region, as well as high consumer awareness, new market launches, as well as the presence of a highly potent market when it comes to product development, are some associated with the key factors driving the growth of the North American ocular implants market.

As a result of the particular increasing demand for cataract-related ocular implants, various new products along with technological advancements are being introduced into the marketplace. For example, in 04 2022, in the American Society of Cataract and Refractive Surgery Annual Meeting (ASCRS) within Washington D. C., STAAR SURGICAL introduced the start of the EVO Vision Implantable Collamer Lens.

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Ocular Implants Market Dynamics

The rise in the prevalence of vision disorders for example cataract, glaucoma, presbyopia, plus myopia is one of the notable drivers of the particular ocular enhancements market. Furthermore, the growing prevalence of eye disorders is linked to a good i ncrease in the global geriatric population , which is definitely driving the ocular implant market.

Another important factor driving the particular growth from the ocular implants market is the continuous technical developments within the ocular enhancements market for improved item design and increased safety and biocompatibility.

However, due to the side effects of cataract and glaucoma surgeries , which can result in long-term vision impairment, a shortage of skilled labor plus low diagnosis rates may act as restraining aspects for the ocular implants market place.

Additionally , the ocular implants market experienced a brief period associated with slowing development because of the implementation of lockdown as a necessary measure to break the particular chain of COVID-19 infection transmission. The COVID-19 pandemic necessitated a massive reorganization associated with healthcare services and medical procedures. During the COVID-19 crisis, many countries separated medical procedures based on the need with regard to urgent healthcare care in order to streamline the particular workflow, and various elective medical procedures were suspended.

Furthermore, intra-ocular surgery methods decreased because ocular enhancements became difficult to obtain during the lockdown time period. As a result, product demand fell below normal levels. However, the resumption of activities across industries, including healthcare, has boosted the ocular implants market and will drive growth during the forecast period of 2022–2027.

Get a sneak peek at the ocular implants market dynamics @ Ocular Implants Market Dynamics Analysis

Statement Metrics  Details
Coverage Global
Study Period 2019–2027
Market Size in 2021 USD 11. 26 Billion
Projected Marketplace Size simply by 2027 USD 15. 87 Billion
Market CAGR five. 90%
Key Physiotherapy Equipment Companies Alcon Inc., Johnson & Manley Services Inc., Bausch Health Companies Incorporation., ZEISS Worldwide, STAAR MEDICAL, Hoya Corporation, Glaukos Company, Second View, AbbVie Inc., Innolens, SAV-IOL SA, Morcher, Ophtec BV, Novartis Global AG, NVision Eye Centers, iSTAR Medical, SMR Ophthalmic Pvt Limited., Gulden Ophthalmics, MED-EL Healthcare Electronics, Aetna Inc., among others

Ocular Implants Market Segmentation

  • Market Segmentation By Types of Ocular Enhancements: Intraocular Lenses, Corneal Implants, Glaucoma Enhancements, Orbital Implants, and Ocular Prosthesis
  • Market Segmentation By Material: Biodegradable plus Non-Biodegradable
  • Market Segmentation By Application: Cataract, Glaucoma Surgery, Oculoplasty, Drug Delivery, Macular Degeneration, and Others
  • Marketplace Segmentation By End User: Hospitals, Eye Speciality Clinics, and Ambulatory Surgical Centres
  • Market Segmentation By Geography : North America, Europe, Asia-Pacific, plus Rest associated with World
  • Porter’s Five Forces Evaluation, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Which MedTech important players in the ocular implants market are set to emerge as the trendsetter explore @ Ocular Implants Companies  

Table of Contents 

1 Record Introduction
2 Executive summary
3 Regulatory and Patent Analysis
4 Key Factors Analysis
5 Porter’s 5 Forces Analysis
6 COVID-19 Impact Evaluation on Ocular Implants Market
7 Ocular Implants Marketplace Layout
8 Global Company Share Analysis – Key 3-5 Businesses
9 Ocular Implants Market Company and Product Profiles
10 Project Approach
eleven About DelveInsight

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DelveInsight is a leading Business Consultant, plus Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.    

   

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