Intraocular Lens Market Projection By Technology, Major key players, Growth, Revenue, CAGR, Regional Analysis Industry Forecast 2021 To 2027 is latest report published on “Global Intraocular Lens Market” by Fortune Business Insights. The global robotaxi market size was USD 3,159.3 million in 2018. The global impact of COVID-19 pandemic has been unprecedented and staggering, with robotaxi witnessing a positive demand across all regions amid the pandemic. Based on our analysis, the global commercial vehicle market size is projected to reach USD 5,318.8 million by the end of 2026. The increasing IT sector and rapid industrialization across the globe will emerge in favor of market growth.
Fortune Business Insights™ lists out some of the most renowned organizations operating in the intraocular lens market. They are as follows:
- Johnson & Johnson Services, Inc.
- Bausch & Lomb Incorporated
- HOYA Corporation
- STAAR SURGICAL
- Rayner Intraocular Lenses Limited
- Hanita Lenses
- SIFI S.p.A
- Other key market players
Monofocal IOL Segment to Lead Stoked by Favorable Government Reimbursement Policies
By type, the market is grouped into premium intraocular lens and monofocal intraocular lens. Amongst these, the monofocal intraocular lens is expected to lead by gaining the maximum IOL market share in the coming years. This growth is attributable to the rising number of favorable government reimbursement policies as well as cost-effective nature.
The premium intraocular lens segment, on the other hand, consists of sub-segments, namely, toric intraocular lens, multifocal intraocular lens, and others. This segment has less penetration as compared to monofocal IOLs. This mainly occurs as multiple government-aided insurance policies do not cover the cost of premium intraocular lens. Thus, the patient has to pay for the same from their expenses. However, this segment is anticipated to showcase growth during the forecast period owing to the rising preference for toric lenses and their possession of numerous benefits.
North America to Dominate: Increasing Technological Advancements Will Favor Growth
The market is geographically segregated into Asia Pacific, Europe, the Middle East and Africa, North America, and Latin America. Out of these, North America had generated USD 892.9 million IOL market value in 2018. It is set to retain its dominant position throughout the forecast period. It is likely to occur because of the increasing number of new product launches as well as the ongoing technological advancements, such as the Extended Depth of Focus (EDoF) and custom cataract lens.
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Key questions answered in the report:
- What will the market growth rate of Intraocular Lens market in 2027?
- What are the key factors driving the global Intraocular Lens market?
- Who are the key manufacturers in Intraocular Lens market space?
- What are the market opportunities, market risk and market overview of the Intraocular Lens market?
- What are sales, revenue, and price analysis of top manufacturers of Intraocular Lens market?
- Who are the distributors, traders and dealers of Intraocular Lens market?
- What are the Intraocular Lens market opportunities and threats faced by the vendors in the global Intraocular Lens industry?
- What are sales, revenue, and price analysis by types and applications of Intraocular Lens market?
- What are sales, revenue, and price analysis by regions of Intraocular Lens industry?
Table Of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
- Key Insights
4.1 Merger, Acquisitions, and Partnerships
4.2 Growth and Penetration Analysis
4.3 Porter’s Five Forces Analysis
4.4 PEST Analysis
4.5 Technological Developments in Intraocular Lens
4.6 Covid-19 Impact Analysis
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