Intraocular Lens Market Analysis

End-user (Hospitals, Ambulatory Surgery Centers, Ophthalmology Clinics, Eye Research Institutes)

The global intraocular lens market is segmented and analyzed for demand and supply by end user into hospitals, ambulatory surgery centers, ophthalmology clinics, and eye research institutes. Out of which, the hospital segment is anticipated to garner the highest revenue by the end of 2037. The growth of the segment can be attributed to growing cataract surgeries in hospitals. In India in 2022, charitable hospitals did over 1 lakh cataract surgery procedures while private hospitals handled about 3 lakh. Many hospitals have a group of qualified and experienced surgeons that specialize in cataract operations. When a patient receives care from a surgeon who has a great deal of experience and expertise carrying out these treatments, the patient may feel more secure in the surgical outcomes. Moreover, patients need follow-up care after cataract surgery to check on their progress and make sure the procedure was successful. Hospitals frequently offer specialized follow-up clinics and support services to aid patients in their recovery and handle any issues that may occur.

Type (Monofocal, Premium)

The global intraocular lens market is also segmented and analyzed for demand and supply by type into monofocal intraocular lens, and premium intraocular lens. Amongst which, the monofocal intraocular lens segment is expected to have the significant growth over the forecast period. Comparatively to multifocal or accommodating IOLs, monofocal IOLs have a lower risk of producing visual disturbances such halos, glare, and diminished contrast sensitivity. Moreover, when compared to multifocal or accommodating IOLs, monofocal IOLs are less likely to have issues including lens displacement. Additionally, the needs and desires of the patient may be taken into consideration while designing monofocal IOLs. Depending on the patient's lifestyle and visual needs, they could be chosen to give clear distance vision, clear near vision, or a balance between the two.

Our in-depth analysis of the global market includes the following segments: