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Global Intraocular Lens (IOLs) Market 2017-2021

Global Intraocular Lens (IOLs) Market 2017-2021

About Intraocular Lens (IOLs)

IOLs are used for vision correction and the process is known as refractive lens exchange. IOL is a synthetic artificial lens. The lens is implanted to replace the eyes' natural lens. Glasses may be required after surgery for reading and short or long distance sight depending on the power of lens used. Several types of IOLs are available in the market and can be differentiated into four major segments: monofocal IOLs, multifocal IOLs, toric IOLs, and accommodative IOLs. The US FDA had approved IOLs for implantation. The ideal IOLs tend to provide benefit to the surgeon as well as the individual. The surgeon looks for ease of implantation and lack of intraoperative complications, the individual asks for better vision and refractive stability. Foldable IOLs are preferred in recent times.

Technavio’s analysts forecast the global Intraocular Lens (IOLs) market to grow at a CAGR of 4.42 % during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global intraocular lens (IOLs) market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IOLs.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Intraocular Lens (IOLs) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alcon
  • Bausch & Lomb
  • Carl Zeiss
  • Johnson & Johnson (Abbott Medical Optics)
Other prominent vendors
  • HOYA Surgical Optics
  • Oculentis
  • Ophtec
  • Rayner
  • STAAR Surgical
Market driver
  • Rise in prevalence of cataract
  • For a full, detailed list, view our report
Market challenge
  • Post-surgery complications
  • For a full, detailed list, view our report
Market trend
  • Shift toward ASCs for eye care
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Intraocular Lens (IOLs) Market 2017-2021

Technavio recognizes the following companies as the key players in the global intraocular lens (IOLs) market: Alcon, Bausch & Lomb, Carl Zeiss, and Johnson & Johnson (Abbott Medical Optics).

Other Prominent Vendors in the market are: HOYA Surgical Optics, Oculentis, Ophtec, Rayner, and STAAR Surgical.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is shift toward ASCs for eye care. The minor surgeries can be performed in ASCs. The surgeries performed in the ASCs are cost-effective. ASCs are rapidly growing and are highly accepted among people for minor operations. The surgery procedures in ASCs have been increasing after the US introduced the ASC Access Act. In 2012, around 80% individuals opted for ASCs for cataract operations. The hospitals are also promoting ASCs as the return on investment is high.”

According to the report, one of the major drivers for this market is rise in prevalence of cataract. Cataract is caused by advancing age, ultraviolet radiation, diabetes, smoking, and hypertension. Cataracts are of several types, and they are classified by how they develop and where they develop. Cataract can be diagnosed after a comprehensive examination of the eye. Surgery is recommended for the cataract if it interferes in performing the daily activities.

Further, the report states that one of the major factors hindering the growth of this market is post-surgery complications. Some individuals have reported a few complications after cataract surgery, which could lead to partial loss of vision or require further surgery. Complications can increase in individuals who have other eye disorders in addition to cataract. The risk with cataract surgery is low: however, these risks can be managed effectively with antibiotics.

Companies Mentioned

Alcon, Bausch & Lomb, Carl Zeiss, and Johnson & Johnson (Abbott Medical Optics).

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Overview of eye disease burden in the US
    • Market size and forecast
      • Table Global IOLs market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
    • Monofocal IOLs
    • Multifocal IOLs
    • Toric IOLs
    • Accommodative IOLs
      • Table Overview of diverse types of IOLs
  • Market segmentation by end-users
    • Market overview
      • Table Segmentation of global IOLs market by end-users 2016
    • Hospitals
      • Table Global IOLs market in hospitals 2016-2021 ($ billions)
    • ASCs
      • Table Global IOLs market in ASCs 2016-2021 ($ billions)
      • Table Buying criteria for IOLs market based on end-users
    • Eye research institute
  • Geographical segmentation
    • Market scenario
      • Table Segmentation of global IOLs market by geography 2016 (%)
      • Table Segmentation of global IOLs market by geography 2021 (%)
      • Table Global IOL market overview by geography 2016 and 2021
    • IOLs market in Americas
      • Table IOLs market in Americas 2016-2021 ($ billions)
    • IOLs market in EMEA
      • Table IOLs market in EMEA 2016-2021 ($ billions)
    • IOLs market in APAC
      • Table IOLs market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Cost of different categories of premium IOLs
  • Market trends
    • Introduction of emerging technologies
    • Demand for multi-distance vision capability lenses
    • Shift toward ASCs for eye care
  • Vendor landscape
    • Competitive landscape
      • Table Competitive structure analysis of global IOLs market 2016
    • Other prominent vendors
  • Key vendor analysis
    • Alcon
      • Table Alcon: Key highlights
      • Table Alcon: Strength assessment
      • Table Alcon: Strategy assessment
      • Table Alcon: Opportunity assessment
    • Bausch & Lomb
      • Table Bausch & Lomb: Key highlights
      • Table Bausch & Lomb: Strength assessment
      • Table Bausch & Lomb: Strategy assessment
      • Table Bausch & Lomb: Opportunity assessment
    • Carl Zeiss
      • Table Carl Zeiss: Key highlights
      • Table Carl Zeiss: Strength assessment
      • Table Carl Zeiss: Strategy assessment
      • Table Carl Zeiss: Opportunity assessment
    • Johnson & Johnson (Abbott Medical Optics)
      • Table Johnson & Jonson: Vision care segment revenue 2016 and 2017 ($ millions)
      • Table Johnson & Johnson: Key highlights
      • Table Johnson & Johnson: Strength assessment
      • Table Johnson & Johnson: Strategy assessment
      • Table Johnson & Johnson: Opportunity assessment
  • Appendix
    • List of abbreviations
  • Explore Technavio

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