3D Printed Ophthalmic Implants Market Growth Spurred by Growing Need for Innovative Technology in Ophthalmic Industry, Says Fact.MR
Fact.MR, a global research & consulting firm, in their latest edition of the report, projected that the 3D printed ophthalmic implants market is anticipated to witness a moderate growth pace in 2021 & beyond. Growth can be primarily attributed to growing patient pool and higher demand for therapy for a better lifestyle.
“Market players are focusing on the expansion of 3D printed ophthalmic implants by incessant research to present advanced biocompatible products and customized orbital implants to support the vision of the specific patient.” states Fact.MR.
Surging number of ophthalmic critical cases Boosting Demand
The 3D-Printed ophthalmic implants industry has foreseen a notable growth as a result of growing awareness regarding the implants. Growing number of ophthalmic critical instances in several geographical region, directly encourages the need for the implant since the patient did not have or loses its orbital, together with 3D printing of corneal implants are the key support offered to ophthalmic patients.
Market players are investing heavily to come up with enhanced materials and technology that can be directly utilized for ophthalmic implant.
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Hospitals to Contribute towards the Industry Growth
According to FactMr’s forecast hospitals are likely to account for the leading market share over the course of the assessment period. Growth foreseen in the last few years has been driven by increased footprint of patients for ophthalmic.
In the forthcoming years, hospitals will continue to record high demand as a result of increasing number of surgeries as well as increased chances of availability of technological advanced equipment’s.
How Big is the Opportunity for Market Players in the US?
The U.S. and Canada are projected to remain lucrative in the 3D printed ophthalmic implants industry on account of presence of majority number of patient and enhanced healthcare system offering improved surgery option to function 3D printed ophthalmic implants.
China and India will expand due to improving healthcare system and increasing reach of industries players.
Germany, the U.K, and Russia will have the second biggest share in the global 3D printed ophthalmic implants industry due to the surging adoption rate of 3D printed ophthalmic implants. On the other hand, GCC, S. Africa, will be further projected to reflect notable growth as a result of the growing awareness amid healthcare professionals and patient.
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Technological Advancement and Offering Lighter Materials Remains Prime Focal Areas: Fact.MR Survey
The 3D printed ophthalmic implants market is extremely fragmented in nature. Fact.MR’s survey indicated that the leading companies are focusing on technology expansion for enhancing materials quality and offer lighter materials that could be effortlessly fixed inside ophthalmic surgery in 2021 and beyond. The latest edition of the report offers comprehensive coverage of the anticipated to remain the significant strategies of market players. Some of the players profiled in the report are Luxexcel Group, Renishaw plc,Quingdao Unique, Retina Implant AG, Proto Labs, and Imaginarium. The updated edition also offers a detailed analysis of the COVID-19 impact on this market.
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