U.S. Intraocular Lens (IOL) Market

U.S. Intraocular Lens (IOL) Market Size, Share, Growth Analysis, By Type(Monofocal, Premium), By Material(Polymethylmethacrylate (PMMA), Foldable), By End-user(Hospitals & Ambulatory Surgery Centers, Specialty Clinics), By Region/Country(Northeast, Southeast) - Industry Forecast 2024-2031


Report ID: UCMIR35A2925 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

U.S. Intraocular Lens (IOL) Market Insights

Market Overview:

The size of the U.S. market for intraocular lenses (IOL) was valued at approximately $1.44 billion in 2022. Projections indicate an increase to around $1.53 billion in 2023 and a significant growth to about $2.40 billion by 2030, showcasing a compound annual growth rate (CAGR) of 6.6% over the forecast period. Cataracts, often associated with aging or chronic conditions like high blood pressure, diabetes, and obesity, are a primary driver of this market growth, as the prevalence of cataracts and glaucoma has led to an increased demand for ophthalmic procedures, notably cataract surgery.

U.S. Intraocular Lens (IOL) Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for U.S. Intraocular Lens (IOL) was estimated to be valued at US$ XX Mn in 2021.

The U.S. Intraocular Lens (IOL) Market is estimated to grow at a CAGR of XX% by 2028.

The U.S. Intraocular Lens (IOL) Market is segmented on the basis of Type, Material, End-user, Region/Country.

Based on region, the U.S. Intraocular Lens (IOL) Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the U.S. Intraocular Lens (IOL) Market are Alcon Inc. , Bausch & Lomb Incorporated (Bausch Health Companies, Inc.) , Johnson & Johnson Vision Care, Inc. (Johnson & Johnson Services, Inc.) , HOYA Corporation , Rayner Group , Hanita Lenses , SIFI S.p.A , Biotech , STAAR SURGICAL .

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U.S. Intraocular Lens (IOL) Market

Product ID: UCMIR35A2925

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