Global $6.2 Bn Intraocular Lens Markets to 2027: A Consolidated Market with a Few Key Players like Novartis, Bausch & Lomb, Carl Zeiss Meditec, Johnson and Johnson Vision Care, Alcon, and Hoya – QNT Press Release

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DUBLIN, June 15, 2022 /PRNewswire/ — The “Intraocular Lens Market, Size, Global Forecast 2022-2027, Industry Trends, Share, Growth, Insight, Impact of COVID-19, Company Analysis” report has been added to ResearchAndMarkets.com’s offering.

Global intraocular lens market size is anticipated to reach US$ 6.2 Billion in 2027 from US$ 4.5 Billion in 2021.

Global Intraocular Lens Market is Expanding at a CAGR of 5.49% during 2021-2027:

The worldwide intraocular lens market is predicted to develop as the senior population becomes more susceptible to ocular disorders, cataract prevalence rises, and government measures to eradicate avoidable blindness increase.

Additionally, the market’s growth is aided by the rise in the usage of premium lenses, which deliver benefits such as enhanced visual performance and reduced astigmatism.

Furthermore, the worldwide intraocular lens market is likely to be driven by an increase in knowledge about premium IOLs, favorable recommendations from health care practitioners, and better acceptability among patients worldwide during the forecast period.

Monofocal Intraocular Lens Segment to Dominate Backed by Cost-effective Nature:

In this report, based on the product, the market can be divided into Monofocal IOL, Multifocal IOL, Toric, and Accommodative segments.

According to the research, the monofocal intraocular lens segment is expected to dominate the IOL market share for the foreseeable future. The majority share of monofocal IOLs can be attributed to low monofocal lens pricing compared to premium lenses and advantageous government reimbursement regulations.

The premium intraocular lens category, on the other hand, is expected to be driven by the benefits of multifocal and accommodative IOLs over monofocal lenses, as well as an increased …

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