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Global Phakic Intraocular Lenses (IOL) Market Size study, By Product (Posterior Chamber Phakic IOL, Anterior Chamber Phakic IOL), By Indication (Myopia, Hyperopia, Astigmatism), By End User (Hospitals, Ophthalmology Clinics, Ambulatory Surgical Centers), and Regional Forecasts 2022-2028

  • BIZ4983511
  • 200 Pages
  • July 2022
  • Pharmaceuticals
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Global Phakic Intraocular Lenses (IOL) Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Phakic Intraocular Lenses (IOL) also known as phakic lenses, are lenses made of plastic or silicone that are implanted into the eye permanently to reduce a person's need for glasses and contact lenses. Phakic lenses are utilized to correct refractive errors, errors in the eye's focusing power. All phakic lenses approved by the FDA are for the correction of nearsightedness (myopia). The growing prevalence of myopia and increasing awareness towards Phakic Lens Implant Surgery as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to International Myopia Institute estimates – as of 2021, around 30% of global population is myopic and this number is projected to grow to 50% by 2050. Further, there would be around 1 billion high myopes by 2050. Countries such as South Korea, Taiwan, Singapore, China and Japan have a prevalence of myopia of 80 to 90 %. Furthermore, leading market players are working towards strategic initiatives including product approvals and new product launches to capitalize the growing demand for Phakic Intraocular Lenses. For instance, in December 2019, Johnson & Johnson Vision*, received the Food and Drug Administration (FDA) approval for U.S. launch of its new product TECNIS Toric II 1-Piece Intraocular Lens (IOL). Moreover, in January 2021, Alcon unveiled its new AcrySof IQ Vivity IOL in the United States. This new intraocular lens is intended for patients undergoing cataract surgery. This new product is a first-of-its-kind, non-diffractive extended depth of focus IOL. Also, growing healthcare sector in emerging economies coupled with rising per capita healthcare spending are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a lack of reimbursements for implantation procedures and availability of alternative treatment option impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Phakic Intraocular Lenses (IOL) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of product clearance and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of healthcare sector and increasing incidences of myopia in the region, would create lucrative growth prospects for the global Phakic Intraocular Lenses (IOL) Market across the Asia Pacific.

Major market players included in this report are:

Rayner Surgical Group Limited

Care Group

Ophtec BV/Abbott

Johnson & Johnson

Staar Surgical

USIOL Inc.

Omni Lens Pvt Ltd

Zeiss

Aurolab

HOYA Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Posterior Chamber Phakic IOL

Anterior Chamber Phakic IOL

By Indication:

Myopia

Hyperopia

Astigmatism

By End User:

Hospitals

Ophthalmology Clinics

Ambulatory Surgical Centers

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Phakic Intraocular Lenses (IOL) Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Phakic Intraocular Lenses (IOL) Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Phakic Intraocular Lenses (IOL) Market, by Product, 2020-2028 (USD Million)

1.2.3. Global Phakic Intraocular Lenses (IOL) Market, by Indication, 2020-2028 (USD Million)

1.2.4. Global Phakic Intraocular Lenses (IOL) Market, by End User, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Phakic Intraocular Lenses (IOL) Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Phakic Intraocular Lenses (IOL) Market Dynamics

3.1. Phakic Intraocular Lenses (IOL) Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing prevalence of myopia.

3.1.1.2. Increasing awareness towards Phakic Lens Implant Surgery.

3.1.1.3. Strategic initiatives from leading market players.

3.1.2. Market Challenges

3.1.2.1. Lack of reimbursements for implantation procedures

3.1.2.2. Availability of alternative treatments.

3.1.3. Market Opportunities

3.1.3.1. Growing healthcare sector in emerging economies.

3.1.3.2. Rising per capita healthcare spending.

Chapter 4. Global Phakic Intraocular Lenses (IOL) Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Phakic Intraocular Lenses (IOL) Market, by Product

6.1. Market Snapshot

6.2. Global Phakic Intraocular Lenses (IOL) Market by Product, Performance - Potential Analysis

6.3. Global Phakic Intraocular Lenses (IOL) Market Estimates & Forecasts by Product 2018-2028 (USD Million)

6.4. Phakic Intraocular Lenses (IOL) Market, Sub Segment Analysis

6.4.1. Posterior Chamber Phakic IOL

6.4.2. Anterior Chamber Phakic IOL

Chapter 7. Global Phakic Intraocular Lenses (IOL) Market, by Indication

7.1. Market Snapshot

7.2. Global Phakic Intraocular Lenses (IOL) Market by Indication, Performance - Potential Analysis

7.3. Global Phakic Intraocular Lenses (IOL) Market Estimates & Forecasts by Indication 2018-2028 (USD Million)

7.4. Phakic Intraocular Lenses (IOL) Market, Sub Segment Analysis

7.4.1. Myopia

7.4.2. Hyperopia

7.4.3. Astigmatism

Chapter 8. Global Phakic Intraocular Lenses (IOL) Market, by End User

8.1. Market Snapshot

8.2. Global Phakic Intraocular Lenses (IOL) Market by End User, Performance - Potential Analysis

8.3. Global Phakic Intraocular Lenses (IOL) Market Estimates & Forecasts by End User 2018-2028 (USD Million)

8.4. Phakic Intraocular Lenses (IOL) Market, Sub Segment Analysis

8.4.1. Hospitals

8.4.2. Ophthalmology Clinics

8.4.3. Ambulatory Surgical Centers

Chapter 9. Global Phakic Intraocular Lenses (IOL) Market, Regional Analysis

9.1. Phakic Intraocular Lenses (IOL) Market, Regional Market Snapshot

9.2. North America Phakic Intraocular Lenses (IOL) Market

9.2.1. U.S. Phakic Intraocular Lenses (IOL) Market

9.2.1.1. Product estimates & forecasts, 2018-2028

9.2.1.2. Indication estimates & forecasts, 2018-2028

9.2.1.3. End User estimates & forecasts, 2018-2028

9.2.2. Canada Phakic Intraocular Lenses (IOL) Market

9.3. Europe Phakic Intraocular Lenses (IOL) Market Snapshot

9.3.1. U.K. Phakic Intraocular Lenses (IOL) Market

9.3.2. Germany Phakic Intraocular Lenses (IOL) Market

9.3.3. France Phakic Intraocular Lenses (IOL) Market

9.3.4. Spain Phakic Intraocular Lenses (IOL) Market

9.3.5. Italy Phakic Intraocular Lenses (IOL) Market

9.3.6. Rest of Europe Phakic Intraocular Lenses (IOL) Market

9.4. Asia-Pacific Phakic Intraocular Lenses (IOL) Market Snapshot

9.4.1. China Phakic Intraocular Lenses (IOL) Market

9.4.2. India Phakic Intraocular Lenses (IOL) Market

9.4.3. Japan Phakic Intraocular Lenses (IOL) Market

9.4.4. Australia Phakic Intraocular Lenses (IOL) Market

9.4.5. South Korea Phakic Intraocular Lenses (IOL) Market

9.4.6. Rest of Asia Pacific Phakic Intraocular Lenses (IOL) Market

9.5. Latin America Phakic Intraocular Lenses (IOL) Market Snapshot

9.5.1. Brazil Phakic Intraocular Lenses (IOL) Market

9.5.2. Mexico Phakic Intraocular Lenses (IOL) Market

9.6. Rest of The World Phakic Intraocular Lenses (IOL) Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Rayner Surgical Group Limited

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Care Group

10.2.3. Ophtec BV/Abbott

10.2.4. Johnson & Johnson

10.2.5. Staar Surgical

10.2.6. USIOL Inc.

10.2.7. Omni Lens Pvt Ltd

10.2.8. Zeiss

10.2.9. Aurolab

10.2.10. HOYA Corporation

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Phakic Intraocular Lenses (IOL) Market, report scope

TABLE 2. Global Phakic Intraocular Lenses (IOL) Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Phakic Intraocular Lenses (IOL) Market estimates & forecasts by Product 2018-2028 (USD Million)

TABLE 4. Global Phakic Intraocular Lenses (IOL) Market estimates & forecasts by Indication 2018-2028 (USD Million)

TABLE 5. Global Phakic Intraocular Lenses (IOL) Market estimates & forecasts by End User 2018-2028 (USD Million)

TABLE 6. Global Phakic Intraocular Lenses (IOL) Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Phakic Intraocular Lenses (IOL) Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Phakic Intraocular Lenses (IOL) Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Phakic Intraocular Lenses (IOL) Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Phakic Intraocular Lenses (IOL) Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Phakic Intraocular Lenses (IOL) Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Phakic Intraocular Lenses (IOL) Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Phakic Intraocular Lenses (IOL) Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Phakic Intraocular Lenses (IOL) Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Phakic Intraocular Lenses (IOL) Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. U.S. Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. Canada Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 20. Canada Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. Canada Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. UK Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 23. UK Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. UK Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. Germany Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 26. Germany Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. Germany Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. RoE Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 29. RoE Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. RoE Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. China Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 32. China Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. China Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. India Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 35. India Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. India Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. Japan Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 38. Japan Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. Japan Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. RoAPAC Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 41. RoAPAC Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. RoAPAC Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. Brazil Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 44. Brazil Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Brazil Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Mexico Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 47. Mexico Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. Mexico Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. RoLA Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 50. RoLA Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. RoLA Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. Row Phakic Intraocular Lenses (IOL) Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 53. Row Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. Row Phakic Intraocular Lenses (IOL) Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. List of secondary sources, used in the study of global Phakic Intraocular Lenses (IOL) Market

TABLE 56. List of primary sources, used in the study of global Phakic Intraocular Lenses (IOL) Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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