This report studies the global Intraocular Lens (IOLs) industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
This report studies the Intraocular Lens (IOLs) market. Intraocular lens (IOL) is a lens implanted in the eye used to treat cataracts or myopia. The most common type of IOL is the pseudophakic IOL. These are implanted during cataract surgery, after the cloudy crystalline lens (otherwise known as a cataract) has been removed. The pseudophakic IOL replaces the original crystalline lens, and provides the light focusing function originally undertaken by the crystalline lens. The second type of IOL, more commonly known as a phakic intraocular lens (PIOL), is a lens which is placed over the existing natural lens, and is used in refractive surgery to change the eye’s optical power as a treatment for myopia, or nearsightedness. IOLs usually consist of a small plastic lens with plastic side struts, called haptics, to hold the lens in place within the capsular bag inside the eye. IOLs were conventionally made of an inflexible material (PMMA), although this has largely been superseded by the use of flexible materials. Most IOLs fitted today are fixed monofocal lenses matched to distance vision. However, other types are available, such as multifocal IOLs which provide the patient with multiple-focused vision at far and reading distance, and adaptive IOLs which provide the patient with limited visual accommodation.
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As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Intraocular Lens industry in short supply on the market in the past few years, more and more companies enter into Intraocular Lens industry, the current demand for Intraocular Lens product is relatively high, lack of supply, excess demand. Ordinary Intraocular Lens products occupied some market share in developing countries; The IOL in developed countries are almost all soft ones. Generally, the poverty alleviation projects in developing countries always choose the ordinary IOL(rigid intraocular lens)
With the aging of the population, IOL market demand will increase. In the most populous countries like China and India, there are many people suffering from cataracts. In the United States almost every cataract patients would choose surgery. However, in developing countries this percentage is much smaller. With the improvement of the economic level, developing countries will be an important market in the future
The global Intraocular Lens (IOLs) market is valued at 3340 million USD in 2017 and is expected to reach 4600 million USD by the end of 2025, growing at a CAGR of 4.1% between 2018 and 2025.
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This research report categorizes the China and global Intraocular Lens (IOLs) market by type, end-use industry, and region.
International Manufacturers Covered
Bausch + Lomb
Omni Lens Pvt Ltd
China Local Manufacturers Covered
Foldable Intraocular Lens
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