Ocular Implants Market Size, Share, Growth and Trend Analysis Report, 2018 to 2025
The global ocular implants market size was valued at USD 10.24 billion in 2016 and is expected to grow at a CAGR of 6.7% over the forecast period. Increase in ophthalmic disorders such as glaucoma, scleritis, and Age-Related Macular Degeneration (AMD) is propelling demand for ocular implants.
(firmenpresse) - The global ocular implants market is expected to reach USD 18.4 billion by 2025, growing at a CAGR of 6.7%, according to a new report by Grand View Research, Inc. The increase in incidence of cataract is a major factor for this marketd government organizations to develop ocular implants.
Technological advancements and increasing acceptance of vision correction coupled with fast adoption of intraocular lenses in cataract surgeries are the factors supporting this market
Eye research institutes play a vital role in the technological advancements associated with intraocular lenses. The advent of various advance intraocular lenses and increase in competition amongst players for development of better lenses as well as rise in investment on eye research institutes by government and nongovernment organizations are anticipated to fuel market growth. Hence, owing to the rise in number of clinical trials pertaining to these lenses and increase in government expenditure on R&D, the market is expected to witness lucrative growth in the intraocular segment.
In addition, increase in ophthalmic disorders and demand for better eye implants are creating abundant growth opportunities for this market, which is expected to increase the number of players in the market.
Further Key Findings from the Report Suggest:
coverage, technological advancements, and aging population, which is more prone to cataract.
& Lomb Incorporation; Alcon Inc.; Johnson & Johnson Vision Care; Carl Zeiss Meditec AG.; MORCHER GmbH; and STAAR Surgical
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Datum: 19.09.2019 - 10:14 Uhr
Sprache: Deutsch
News-ID 1552381
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Typ of Press Release: Financial
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Date of sending: 19.09.2019
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