Global Corneal Transplant Market

Corneal Transplant Market Size, Share, Growth Analysis, By Indications(Fungal corneal ulcer, Bullous keratopathy), By Type(Penetrating keratoplasty, Endothelial keratoplasty), By End-user(Hospitals, Eye clinics) - Industry Forecast 2024-2031

Report ID: SQMIG35A2814 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 96 | Figures: 66

Corneal Transplant Market Insights

Global Corneal Transplant Market size was valued at USD 455.8 million in 2022 and is poised to grow from USD 489.99 million in 2023 to USD 873.88 million by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).

As per a report released by the National Institutes of Health (NIH), an estimated 10-15% of patients diagnosed with keratoconus necessitate undergoing a corneal implant procedure at some stage of their treatment. This underscores the significance of corneal implants in managing and addressing the impact of keratoconus, a condition that affects a notable portion of the population. Moreover, corneal blindness emerges as a substantial global health concern, ranking as the third-leading cause of blindness following glaucoma and cataract, with approximately 10 million people affected worldwide.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Corneal Transplant Market size was valued at USD 455.8 million in 2022 and is poised to grow from USD 489.99 million in 2023 to USD 873.88 million by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).

The competitive environment of the Corneal Transplant market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. 'Florida Lions Eye Bank', 'Alcon Inc.', 'Aurolab', 'CorneaGen', 'AJL Ophthalmic S.A.', 'DIOPTEX', 'Massachusetts Eye and Ear', 'San Diego Eye Bank', 'KeraMed, Inc.', 'Presbia PLC'

A major factor driving the growth of the corneal transplant market is the significant increase in the prevalence of cataracts. Conditions including keratoconus, Fuchs dystrophy, keratitis, cataracts, cataracts, and cataracts, require corneal transplantation as a necessary medical intervention. Notably is that data from the Eye Research Foundation in the US. There exhibit a large load, each being 100,000, About 50 to 200 individuals struggle with complex corneal disease keratoconus. This prevalence highlights the growing demand for corneal implants, as these devices play an important role in eye diseases.

The phenomenal growth observed in the corneal transplant market can be attributed to several key factors that combine to increase the demand for these advanced products. The most common late-onset form is Fuchs endothelial dysplasia, a condition that commonly affects individuals over the age of 40. It says, according to an article published in March 2020 in the journal Progress in Retina and Eye Research.

North America is poised to dominate, driven by growing awareness of eye donation programs in the region and active participation by several institutions in the US. The market in North America has gained a significant market share, making it in the industry Underlined to be highly significant. At the same time, the corneal implant market in Canada has shown the fastest growth in this segment.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Healthcare Simulation Market
Buy Now GET FREE SAMPLE
Respiratory Syncytial Virus (RSV) Diagnostics Market
Buy Now GET FREE SAMPLE
Life Science Instrumentation Market
Buy Now GET FREE SAMPLE
Optical Imaging Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Corneal Transplant Market

Product ID: SQMIG35A2814

$5,300
BUY NOW GET FREE SAMPLE