The global corneal implants market is forecast to grow at a moderate CAGR during the forecast period. The key application of the corneal implants include optical, reconstructive, therapeutic and cosmetic. Corneal implants aid in an improvement of vision in cases of corneal oedema, pseudophakic bullous keratopathy, keratoconus, corneal degeneration, keratoglobus, and dystrophy, as well as scarring due to keratitis and trauma. The primary factors that contribute to the growth of the corneal implant market include an increase in eye disorders owing to pollution, consistent use of computers and mobiles, and so on. There are various factors which is expected to contribute in the growth of the market in the near future such as technological advancement in the optical sector for treatment. Introduction of novel and advanced devices that aids in the reduction of human errors along with the high prevalence of ophthalmic diseases, which in turn requires treatments, thus it is one of the major factors for the growth of the market.
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Based on the geographic viewpoint, Asia-Pacific registered significant growth in the market attributed to the rise in the number of corneal transplants along with a large number of patients suffering from various eye diseases creates various growth opportunities for the key players of corneal implants market during forecast period. Furthermore, several programs for effectual eye-banking skills systematized by eye banks and other administrations likely provide growth to the Asia Pacific corneal implants industry growth over the forecast period.
Further, Bayer AG, Medtronic Plc, F. Hoffmann-La Roche Ltd., Pfizer Inc. Bausch & Lomb Inc., PowerVision Inc., Presbia PLC, and Regeneron Pharmaceuticals Inc., among others are the prominent players in the global corneal implants market. These are the key companies providing various solutions for the novel and advanced corneal implants. New product launches and approvals, merger and acquisition, partnerships and collaborations, and many others are the strategies adopted by corneal implants manufacturers the thrive in a competitive environment in the corneal implant market.
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Current Market Trends Covered in the market report:
- Increased spending on the healthcare infrastructure by key companies and government is positively affecting the corneal implants market growth
- The cosmetic indicator will account for a significant growth rate in the market
- The novel innovations and geographical expansions will be the key strategy of the players
- North America region will register a significant growth rate in corneal implant market globally
The Report Global Corneal Implants Market – Segmentation
By Tissue Type
- Artificial Cornea
- Human Donor
By Corneal Disease
- Fungal keratitis
- Fuchs Dystrophy
- Keratoconus
By End-User
- Hospitals
- Eye Clinics
- Ambulatory Surgical Centers (ASC)
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