Corneal Implant Market Report
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Publish date: 25/09/2022 10:01 PM | Republish date: 20/02/2024 5:01 AM
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Description
Corneal Implant Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
The global corneal implant market is projected to value over US$ 500 million by the end of 2026 and record a CAGR of over 6% during the forecast period of 2019-2026.
The rise of visual media has resulted in the straining of our eyes. Problems like eye irritation caused by lack of sleep due to binge-watching TV shows and movies are very prominent. And to top it all, not everyone seems to be wearing sunglasses when they go out on in the sun which exposes their eyes to harmful UV rays. This UV ray overexposure results in causing keratoconus. In this disease, there occurs thinning of the cornea which is round in shape normally and in turn bulges into a conical shape. This shape of cornea causes deflection of light when it enters the eye on its way to the retina which is light-sensitive and therefore it leads to distorted vision. Keratoconus generally occurs during the adolescent time or in the early 20s and it can happen to either one or both the eyes. To treat keratoconus, various treatments are available like corneal crosslinking which prevents the corneal tissue from bulging further and strengthens it. Different types of lenses, like a custom soft contact lens, gas permeable contact lens, hybrid contact lens, scleral and semi-scleral lenses, prosthetic lenses are also used to treat keratoconus. Intacs and topography-guided conductive keratoplasty are also some of the treatments. But in some cases, the keratoconus reaches a point where a person becomes unable to tolerate a sturdy contact lens and also therapies are no longer helpful in providing a good vision. In that case, corneal implant is the last resort. There are different types of corneal implants available like refractive corneal implants, corneal reshaping and small aperture implants.
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Insights on Corneal Implants, By Region:
North America is expected to be a dominant market due to the high rise of awareness among common people followed by Europe region as it also possesses a huge amount of share in the global market. Asia- Pacific and Europe are expected to witness significant growth in the global market during the forecast period. Local manufacturers are currently dominating the Asia-Pacific region and this trend will continue during the entire forecast period. Latin America and Rest of the World account for a very small fraction of market share.
Corneal Implant Market Segmentation:
1. By Implant type
Refractive Corneal Implant
Corneal Reshaping implant
Small Aperture Corneal implants
- By End User
Hospital
Clinic - By region
North America
Europe
Asia-Pacific
Latin America
Rest of the World
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Competitive Landscape:
Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants
FutureWise Key Takeaways:
Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth
Objectives of the Study:
To provide with an exhaustive analysis on the global corneal implant market by implant type, by end user, by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)North America, Europe, Asia Pacific, Latin America, and the Middle East
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies.
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About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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