Ocular Implant Market, by Implant Type (Intraocular Lenses (IOL) (Aspheric IOLs, Toric IOLs, Multifocal IOLs, Anterior chamber IOLs, and others), Corneal Implants, Glaucoma Implants, Orbital Implants, Ocular prosthesis, and others), by Application (Glaucoma Surgery, Oculoplasty, Drug Delivery, Age-Related Macular Degeneration (AMD), Aesthetic purpose, and others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026
- Report code : CMI42699 |
- Industry :
Medical Devices
- Published On : Jun 2019 |
- Pages : 157 Pages |
- Format :
Global Ocular Implant Market Insights
Ocular implants are medical devices designed to replace a damaged or missing visual organ to restore vision or to improve visual appearance. Ocular implants such as ocular prostheses are artificial eyes used by people to improve facial lineaments damages due to an eye disease or trauma.
Rising acquisitions by key players is expected to drive growth of global ocular implant market. For instance, in March 2019, Alcon, provider of eye care products and a division of Novartis, acquired PowerVision, Inc., a privately-held, U.S.-based medical device development company focused on creating fluid-based intraocular lens (IOLs) implants. PowerVision‘s fluid-based intraocular lens utilizes the eye’s natural accommodative response to provide near and intermediate vision, in addition to distance vision commonly provided by basic IOLs.
The global ocular implant market was valued at US$ 11,697.9million in 2018, and is expected to witness a CAGR of 7.1% during the forecast period (2018 – 2026).
Figure 1. Global Ocular Implant Market value Analysis (US$ Mn) and Forecast and Y-O-Y Growth (%)
Source: Coherent Market Insights Analysis (2019)
Increasing number of product launches is expected to drive growth of the global ocular implant market
In July 2018, Alcon launched its intraocular lens (IOL) portfolio including, Clareon AutonoMe IOL and delivery system, designed to provide easy and intuitive control during cataract surgery, at the Alcon-hosted Synergeyes clinical symposium in Sydney. AutonoMe is the first and only automated, disposable, preloaded IOL delivery system preloaded with the Clareon IOL, and it is automated with CO2-powered delivery mechanism. Moreover, in June 2018, Molteno Ophthalmic launched its Molteno3 S-Series glaucoma implants at the 24th Greek Glaucoma.
Moreover, increasing prevalence of corneal diseases is expected to increase the demand for ocular implants. For instance, according to the World Health Organization (WHO), corneal blindness is one of the major causes of visual deficiency after cataract, glaucoma and age-related macular degeneration (AMD) and 4th cause of blindness globally (5.1%). Moreover, according WHO, cornea diseases affects around 30 million people and around two million new cases of corneal dysfunction diagnose each year.
Global Ocular Implant Market- Regional Analysis
North America is expected to witness lucrative growth of ocular implant market, owing to growing initiatives by market players to establish its product portfolio in North American countries. For instance, in July 2018, Glaukos, based in San Clemente, California, received U.S. FDA approval for its iStent inject Trabecular Micro-Bypass System to launch in the U.S. The novel device is designed to treat mild to moderate primary open-angle glaucoma, is implanted alongside cataract surgeries to reduce intraocular pressure.
Asia Pacific is also expected to drive growth of the global ocular implant market, owing to presence of key players in this region. For instance, in May 2019, SIFI, the Italian developer of therapeutic solutions to treat ophthalmic disorders, and Zydus Cadila have been entered into strategic collaboration to market innovative IOLs and surgical products developed in Italy and licensed in India by SIFI.
Europe is expected to show significant growth rate, owing to increasing number of product launches in European Union. For instance, in February 2019, Johnson & Johnson Vision launched its TECNIS Eyhance IOL, indicated for the treatment of cataracts, in Europe. This next-generation monofocal intraocular lens (IOL) helps patients to experience high-quality vision at both intermediate and far distances
Figure 2: Global Ocular Implant Market Value (US$ Mn), By Region
Source: Coherent Market Insights Analysis (2019)
Global Ocular Implant Market - Competitive Landscape
Key players operating in the global ocular implant market include Novartis AG, Pfizer Inc., Staar Surgical, Johnson & Johnson Services, Inc., Bausch & Lomb Incorporated., Morcher GmbH, OSD Medical GmbH, Ophtec BV, and ZEISS International.
Ocular implants are type of craniofacial prosthesis that replace an absent natural eye, following an enucleation, evisceration, or orbital exenteration. There are different types of ocular implants ranging from shape such as spherical and oval, stock and custom. The basic simplification of implants can be to divide into two main groups: non-integrated (non-porous) and integrated (porous). Ocular implant helps to improve the appearance of people with defective eye or with lost eye. Ocular implants are also called as glass eye or artificial eye.
Market Dynamics
Increasing product launches for different types ocular implants that are widely used in ophthalmic surgery to correct ophthalmic deformities is expected to drive global ocular implant market growth. For instance, in February 2019, EyePoint Pharmaceuticals, Inc. launched its YUTIQ in the U.S. YUTIQ is three-year intravitreal micro-insert for the treatment of chronic non-infectious uveitis affecting the posterior segment of the eye. The product was approved by U.S. FDA in October 2018.
Moreover, increasing prevalence of ocular dysfunction and disorder is expected to drive growth of the global ocular implant market. For instance, in January 2019, according to Glaucoma research foundation, currently, there are over 3 million people in the U.S. that have been diagnosed with glaucoma. The National Eye Institute projects that this number will be increased by 58% and expected to reach 4.2 million by 2030.
Key features of the study:
- This report provides in-depth analysis of the global ocular implant market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2018, as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles leading players in the global ocular implant market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include Novartis AG, Pfizer Inc., Staar Surgical, Johnson & Johnson Services, Inc., Bausch & Lomb Incorporated., Morcher GmbH, OSD Medical GmbH, Ophtec BV, and ZEISS International.
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global ocular implant market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for global ocular implant market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Ocular Implant Market, By Implant Type
- Intraocular Lenses (IOL)
- Aspheric IOLs
- Toric IOLs
- Multifocal IOLs
- Anterior chamber IOLs
- Others
- Corneal Implants
- Glaucoma Implants
- Orbital Implants
- Ocular prosthesis
- Others
- Global Ocular Implant Market, By Application:
- Glaucoma Surgery
- Oculoplasty
- Drug Delivery
- Age-Related Macular Degeneration (AMD)
- Aesthetic purpose
- Others
- Global Ocular Implant Market, By Region:
-
- North America
- By Country:
- U.S.
- Canada
- By Implant Type
- Intraocular Lenses (IOL)
- Aspheric IOLs
- Toric IOLs
- Multifocal IOLs
- Anterior chamber IOLs
- Others
- Corneal Implants
- Glaucoma Implants
- Orbital Implants
- Ocular prosthesis
- Others
- Intraocular Lenses (IOL)
- By Application
- Glaucoma Surgery
- Oculoplasty
- Drug Delivery
- Age-Related Macular Degeneration (AMD)
- Aesthetic purpose
- Other
- By Country:
- North America
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Implant Type
- Intraocular Lenses (IOL)
- Aspheric IOLs
- Toric IOLs
- Multifocal IOLs
- Anterior chamber IOLs
- Others
- Corneal Implants
- Glaucoma Implants
- Orbital Implants
- Ocular prosthesis
- Others
- Intraocular Lenses (IOL)
- By Application
- Glaucoma Surgery
- Oculoplasty
- Drug Delivery
- Age-Related Macular Degeneration (AMD)
- Aesthetic purpose
- Other
- By Country:
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Implant Type
- Intraocular Lenses (IOL)
- Aspheric IOLs
- Toric IOLs
- Multifocal IOLs
- Anterior chamber IOLs
- Others
- Corneal Implants
- Glaucoma Implants
- Orbital Implants
- Ocular prosthesis
- Others
- Intraocular Lenses (IOL)
- By Application
- Glaucoma Surgery
- Oculoplasty
- Drug Delivery
- Age-Related Macular Degeneration (AMD)
- Aesthetic purpose
- Other
- By Country:
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Implant Type
- Intraocular Lenses (IOL)
- Aspheric IOLs
- Toric IOLs
- Multifocal IOLs
- Anterior chamber IOLs
- Others
- Corneal Implants
- Glaucoma Implants
- Orbital Implants
- Ocular prosthesis
- Others
- Intraocular Lenses (IOL)
- By Application
- Glaucoma Surgery
- Oculoplasty
- Drug Delivery
- Age-Related Macular Degeneration (AMD)
- Aesthetic purpose
- Other
- By Country:
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Implant Type
- Intraocular Lenses (IOL)
- Aspheric IOLs
- Toric IOLs
- Multifocal IOLs
- Anterior chamber IOLs
- Others
- Corneal Implants
- Glaucoma Implants
- Orbital Implants
- Ocular prosthesis
- Others
- Intraocular Lenses (IOL)
- By Application
- Glaucoma Surgery
- Oculoplasty
- Drug Delivery
- Age-Related Macular Degeneration (AMD)
- Aesthetic purpose
- Other
- By Country:
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Implant Type
- Intraocular Lenses (IOL)
- Aspheric IOLs
- Toric IOLs
- Multifocal IOLs
- Anterior chamber IOLs
- Others
- Corneal Implants
- Glaucoma Implants
- Orbital Implants
- Ocular prosthesis
- Others
- Intraocular Lenses (IOL)
- By Application
- Glaucoma Surgery
- Oculoplasty
- Drug Delivery
- Age-Related Macular Degeneration (AMD)
- Aesthetic purpose
- Other
- By Country/Region:
-
- Company Profiles
- Johnson & Johnson Services, Inc. *
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Alcon (Novartis AG).
- Bausch & Lomb Incorporated
- Pfizer Inc
- MORCHER GmbH
- STAAR SURGICAL
- OSD Medical GmbH,
- Ophtec BV
- Johnson & Johnson Services, Inc. *
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Implant Type
- Market Snippet, By Applications
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Technology Advancements
- Historical Overview
- Merger and Acquisition
- Regulatory Scenario
- PORTER’S Five Forces
- PEST Analysis
- Global Ocular Implant Market, By Implant Type, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Intraocular Lenses (IOL)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Aspheric IOLs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Toric IOLs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Multifocal IOL
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Anterior chamber IOL
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Corneal Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Glaucoma Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Orbital Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Ocular prosthesis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Global Ocular Implant Market, By Application, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Glaucoma Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Oculoplasty
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Drug Delivery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Age-Related Macular Degeneration (AMD)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Aesthetic purpose
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Global Ocular Implant Market, By Regions, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, By Region, 2017 – 2026
- Regional Trends
- North America
- Market Size and Forecast, By Implant Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Applications, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Implant Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Applications, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Implant Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Applications, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- China
- Japan
- India
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Implant Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Applications, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Market Size and Forecast, By Implant Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Applications, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country/Region, 2016 – 2026, (US$ Million)
- Northern Africa
- Central Africa
- South Africa
- Middle East
- Market Size and Forecast, By Implant Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Applications, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- GCC Countries
- Israel
- Rest of Middle East
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Johnson & Johnson Services, Inc.,
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Alcon (Novartis AG)
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Bausch & Lomb Incorporated
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Pfizer Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- MORCHER GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- STAAR SURGICAL
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Carl Zeiss
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- OSD Medical GmbH,
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Ophtec BV
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 23 market data tables and 19 figures on "Ocular Implant Market” - Global forecast to 2026”.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
- National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
- Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
- Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
- Trade association, National and international media and trade press.
- Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
- Scientific journals, and other technical magazines and whitepapers.
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Data Standardization:
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
- Micro-economic indicators
- Macro-economic indicators
- Environmental indicators
- Socio-political indicators
- Technology indicators
Data Processing
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
Data Validation
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
- It provides first-hand information on the market dynamics, outlook, and growth parameters.
- Industry experts validates the estimates which helps the company to cement the on-going research study.
- Primary research includes online surveys, face-to face interviews, and telephonic interviews.
The primary research is conducted with the ecosystem players including, but not limited to:
- Raw Material Suppliers
- Manufacturers
- System Integrators
- Distributors
- End-users
Related Insights :
Share
Choose License Type
"How Can I Help You" ?
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Key Benefits
Custom Research Solution
Talk to our research consultant to design an exclusive report as per your research needs.
Customer Fulfilment
We aim to fulfil client's research demands with tailored research solutions.
Quick Turnaround Time Reports
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
360-degree Approach
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
Assured Quality
We strive to provide most accurate and reliable research findings in our research reports.