Corneal Implants Market Growth Buoyed By Presbyopia Treatment; Market to Grow 3.7X By End of 2029, Says PMR

Improved patient outcomes without complicated surgeries create a favorable use case for corneal implant’s application in the cases of presbyopia. The reversible nature of the implant accounts for its popularity amongst the patients as well as medical professionals.

Improved patient outcomes without complicated surgeries create a favorable use case for corneal implant’s application in the cases of presbyopia. The reversible nature of the implant accounts for its popularity amongst the patients as well as medical professionals.

Persistence Market Research

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The global corneal implants market, valued to be US$18.5Mn in the year 2018, will witness stellar growth during the forecast period 2019-2029. According to the new report from persistence market research, corneal implants are gaining rapid traction in the market as a device for refractive surgery.

The introduction of biocompatible materials in corneal implants makes the market highly lucrative, creating growth opportunities for the market players. High preference from ophthalmologists also works in the favor of corneal implants market growth.

Corneal Implants Market: Key Takeaways

  • Small aperture corneal implantable devices will be the most preferred implant type during the forecast period.
  • Ophthalmic clinics as end-users will account for major revenue generated in the global market by the end of 2029.
  • Presbyopia indication will drive the adoption of corneal implants through 2019-2029.
  • North America along with Europe will hold more than 75% of the market through the projection period.

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Corneal Implants Market: Key Growth Drivers

  • The growing prevalence of presbyopia is increasing the demand for the corneal implant, generating significant sales in the market.
  • The introduction of biocompatible materials in corneal implants is positively influencing market health.
  • High demand for corneal implants from ophthalmologists creates growth spaces in the global corneal implants market.
  • The reversible nature of corneal implants accounts for its growing preference amongst the consumers.
  • Ease of operation with laser refractive surgeries drives the demand for corneal implants.
  • Technological innovations in corneal implants are pushing ahead the boundaries of growth in the corneal implants market.

Corneal Implants Market: Key Restraints

  • Risks associated with corneal implant operation restrain their adoption rate.
  • The shortage of donor materials also poses a challenge before the market players in the corneal implants market.

The complete corneal implants market report with detailed market segmentation, 85 illustrative figures, and 32 data tables spread across 163 pages on https://www.persistencemarketresearch.com/market-research/corneal-implants-market.asp

Corneal Implants Market: Competition Landscape

Market players are devising inorganic growth strategies that include collaborations and acquisitions to strengthen their market presence. They are investing in R&D to develop unique products in the market. Major players profiled in the global corneal implants market are DIOPTEX Medizinprodukte Forschungs-, Entwicklungs- und Vertriebs GmbH, CorneaGen (SightLife Surgical) and Presbia PLC.

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About the Report

Persistence Market Research’s comprehensive study on the corneal implants market provides details about revenue growth at different levels along with an analysis of the existing industry trends. The global corneal implants market is segmented based on indication (astigmatism, presbyopia, myopia, and hypermetropia), implant type (refractive corneal implantable devices, corneal reshaping implantable devices, and small aperture corneal implantable devices) and end-user (hospitals, ambulatory surgical centers, and ophthalmic clinics), across seven major regional markets.