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The global intraocular lens market is projected to increase from $4.43 billion in 2022 to $4.67 billion in 2023, with a CAGR of 5.5%. By 2027, it’s anticipated to reach $6.12 billion at a CAGR of 7.0%.

Intraocular lens (IOL) is a medical device implanted in the eye during cataract surgery to replace the natural lens, serving as an artificial replacement for clear vision. It’s also utilized in refractive lens exchange procedures.

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Intraocular Lens Market Driver
The increasing incidence of eye ailments is fueling the intraocular lens market’s growth. Conditions like macular degeneration, glaucoma, and cataracts result in vision impairment. Intraocular lenses replace the eye’s natural lens removed during cataract surgery. Excessive screen time during the COVID-19 lockdown led to eye damage in 275 million Indians in 2020. Dry eye disease is projected to affect nearly 40% of urban Indians by 2030. Globally, vision loss cases are on the rise due to busy lifestyles. This uptick in eye disorders drives the intraocular lens market.

Intraocular Lens Market Trends
Advanced technology in intraocular lenses is a prominent trend in the intraocular lens market. For instance, Alcon, a global eye care leader, introduced the AcrySof® IQ Vivity® IOL (Vivity®), the first presbyopia-correcting intraocular lens with wavefront-shaping technology, commercially in January 2022 for cataract surgery patients in India.

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Major Players And Regions Of The Intraocular Lens Market
Major players in the intraocular lens market are Bausch + Lomb, Alcon, Johnson & Johnson, Carl Zeiss Meditec, Hoya Corporation, Staar Surgical Company, Rayner Intraocular Lenses.

North America was the largest region in the intraocular lens market in 2022.

Intraocular Lens Market Segmentation By The Business Research Company
The global intraocular lens market is segmented –
1) By Type: Monofocal Intraocular Lens, Multifocal Intraocular Lens, Toric intraocular lens, Accommodating Intraocular Lens
2) By Material: Polymethylmethacrylate (PMMA), Silicone, Hydrophobic Acrylic
3) By End User: Hospitals, Ambulatory Surgery Centres, Ophthalmology Clinics, Eye Research Institutes

The Table Of Content For The Intraocular Lens Market Include:
1. Intraocular Lens Market Executive Summary
2. Intraocular Lens Market Segments
3. Intraocular Lens Market Size And Intraocular Lens Market Growth Rate
4. Key Intraocular Lens Market Trends
5. Major Intraocular Lens Market Drivers
……
25. Key Mergers And Acquisitions In The Intraocular Lens Market
26. Top Intraocular Lens Companies
27. Intraocular Lens Market Opportunities And Strategies
28. Intraocular Lens Market, Conclusions And Recommendations
29. Appendix

The Intraocular Lens Market Global Market Report 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the intraocular lens market.

View More Reports Related To The Market –
Cataract Surgery Devices And Equipment Global Market Report 2023
Ocular Implants Global Market Report 2023
Vision Care Devices And Equipment Global Market Report 2023

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