Corneal Implants Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2016 – 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Corneal Implants Market: • U.S. corneal implants market should drive the regional industry owing to a high prevalence of ophthalmic and ocular conditions and early diagnosis of eye disorders. The availability of advanced products, such as Raindrop Near Vision Inlay, used to correct near vision in patients with presbyopia should stimulate the business growth. • Europe corneal implants market size will contribute to the majority of revenue share in the coming years. According to National Statistics, over 200 million people suffer from presbyopia and nearly half of the population in Europe will have presbyopia by 2030. Keratoprosthesis is developed with the EU funded CORNEA project and will be made available under the tradename ‘MIRO CORNEA UR’. • Spain corneal implants market will experience lucrative growth over the forecast period. The growth is attributed due to consumers are willing to spend for eye care in the country. People take eye health checkup regularly, and they will also look for eye care products for their daily hygiene routines.
Application Analysis of Corneal Implants Market: • Intracorneal ring segments (ICRS) are made of polymethyl methacrylate (PMMA) and implanted in the deep corneal stroma to adapt to the corneal curvature. Two types of ICRS include Intacs and Ferrara rings. Corneal implants have been developed as a treatment option for corneal ectasia • The Implantable Contact Lens (ICL) is used for refractive error correction and used in cases of high-quality vision correction requirements. The phakic intraocular lens has several benefits such as correction of the wide range of nearsightedness, farsightedness, and astigmatism. • Corneal ectasia application segment is likely to generate significant revenue share. The corneal ectasia is suitable for the treatment only if patient have clear central cornea, and corneal thickness of over 400 μm at the place where Intracorneal ring segments (ICRS) are located.
Competitive Market Share of Corneal Implants Market: • Companies operating in the corneal implants market are Neoptics, ReVision Optics, AcuFocus, Presbia, KeraMed, Powervision, Cornea Research Foundation of America, Ocular Systems, Cornea Biosciences, DIOPTEX and SMR OPHTHALMIC. New product launch is the major strategy adopted by the companies in corneal implants market space.
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