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The ocular implants market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!

Read More On The Ocular Implants Market Report 2022 – https://www.thebusinessresearchcompany.com/report/ocular-implants-global-market-report

The Ocular Implants Market Size In 2022 And Forecast

The global ocular implants market is expected to grow from $11.14 billion in 2021 to $11.93 billion in 2022 at a compound annual growth rate (CAGR) of 7.07%. The global ocular implants market size is expected to grow to $15.75 billion in 2026 at a compound annual growth rate (CAGR) of 7.20%.

The ocular implants market consists of the sales of eye implants by entities (organizations, sole traders, and partnerships) that are used to improve the eyes of a person.

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Increase In Prevalence Of Eye Disorders Globally Is Driving The Growth Of The Ocular Implants Market

For instance, in 2022, in line with the American Academy of Ophthalmology (AAO), they offer statistics on the prevalence of visual defects because of eye disorders by ethnicity and the breakdown of individuals who are legally blind due to eye diseases or eye disorders by grouping. According to the World Health Organization, in the United States alone, about 12 million people aged 40 and above suffer from vision impairment, with about a million people globally living with blindness. Similar reports say about 2.2 billion individuals have eye and visual disorders. Hence, the rising prevention of eye disorders is anticipated to increase demand for ocular implants The increasing prevalence of eye disorders like cataracts and glaucoma is expected to fuel the demand for ocular implants.

Competitive Landscape And The Regional Analysis Of The Ocular Implants Market

Major players in the ocular implants market are Alcon Inc., Bausch & Lomb Inc., Carl Zeiss AG, ZEISS International, STAAR Surgical Company, Morcher GmbH, Hoya Corporation and Glaukos Corporation.

Additionally, as per TBRC’s research – North America was the largest region in the ocular implants market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Ocular Implants Global Market Report 2022 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 countries covered in the ocular implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the ocular implants market.

Technological Advancement – A Key Trend In The Ocular Implants Market

Technological advancements are the discovery of knowledge that helps in developing products using advanced technology. Major companies operating in the ocular implants market are focused on developing new technological solutions to meet customer demand and make ocular implants more advanced.

Ocular Implants Market Segmentation By The Business Research Company

1) By Product: Intraocular Lens, Corneal Implants, Orbital Implants, Glaucoma Implants, Others

2) By Application: Glaucoma Surgery, Diabetic Retinopathy, Age-Related Macular Degeneration

3) By End-User: Specialty Eye Institutes, Hospitals, Clinics

Here Are Some Reports Related To The Ocular Implants Market –

Dry Eye Medication Global Market Report 2022

Ophthalmology Drugs Global Market Report 2022

Vision Care Devices And Equipment Global Market Report 2022

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