Contact and Intraocular Lenses Market Overview

The report is titled as ‘Contact and Intraocular Lenses Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the contact and intraocular lenses market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The contact and intraocular lenses market is expected to grow at a significant rate in the near future.

The global contact and intraocular lenses market was valued US$ 6,300.3 Mn at the end of 2020 and expected to reach at a value of US$ 9,805.9 Mn by 2028 with a significant CAGR of 5.7%.

Contact and Intraocular Lenses Market Definition

An intraocular lens can be specified as a medical appliance inherent on the inner part of the eye to substitute the natural lens during cataract operation. A contact lens is basically a thin and malleable lens situated precisely on the exterior surface of the eye to rectify visual defects.

The rapidly growing prevalence of several different ocular disorders, various technological advancements & innovations, and swiftly altering lifestyles are majorly projected to drive the growth of the global contact and intraocular lenses market.

Although factors including the difficulties associated with contact and intraocular lenses and other options of contact lenses are likely to hamper the market growth in the near future. Yet, firm product demand to amend and modify aesthetic appearance (cosmetic lenses) is estimated to enable the global contact and intraocular lenses market to flourish.

Contact and Intraocular Lenses Market Dynamics

In the current times, the exponentially rising incidences of several different optical disorders, including hypermetropia, myopia, and others at an alarming rate, worldwide, is primarily considered as the major factor for the future growth of the global contact and intraocular lenses. These optical disorders are linked with a considerable escalation in the hazards for vision disability due to circumstances such as pathological myopia and other ailments. As per the study of the Global Burden of Disease (GBD), an incorrect distance defective vision is the chief reason for mild and acute vision disability. In order to rectify myopia, astigmatism, presbyopia, and hyperopia, the most commonly used solutions are contact lenses and intraocular lenses. Owing to which, the global contact and intraocular lenses market is expected to witness significant growth in the coming years.

Contact and Intraocular Lenses Market Segmentation

The global contact and intraocular lenses market is segmented on the basis of type, material, end-user and region. The type segment of the contact and intraocular lenses market is divided into Traditional/Monofocal IOLs, Premium IOLs, and Phakic IOLs. The traditional/Monofocal IOLs is further segmented into Aspheric Monofocal IOLs and Spheric Monofocal IOLs. The premium IOLs segment is further divided into Multifocal IOLs, Accommodating IOLs, and Extended Depth-Of-Focus (EDoF) IOLs. Further, the material segment is divided into Foldable IOLs and PMMA IOLs. The foldable IOLs segment is further bifurcated into Hydrophobic Acrylic IOLs, Hydrophilic Acrylic IOLs, and Other Foldable IOLs. On the basis of end-user, the market is divided into Hospitals & Clinics and Ambulatory Surgery Centers.

Contact and Intraocular Lenses Market Key Players

The global contact and intraocular lenses market is dominated by Bausch + Lomb, Alcon, Johnson & Johnson, Carl Zeiss Meditec, Hoya Corporation, Staar Surgical Company, Rayner Intraocular Lenses, Physiol, Ophtec, SAV IOL, Oculentis, among others.

MMC Overview on Contact and Intraocular Lenses Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the contact and intraocular lenses market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of contact and intraocular lenses

Advantages of contact and intraocular lenses

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Contact and Intraocular Lenses Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Contact and Intraocular Lenses Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Contact and Intraocular Lenses Market Snapshot

2.4.    Global Contact and Intraocular Lenses Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Contact and Intraocular Lenses Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    Contact and Intraocular Lenses Assessment and Analysis

3.1.    Contact and Intraocular Lenses Impact Analysis 

3.2.    Actions to encourage use of Contact and Intraocular Lenses

3.3.    Contact and Intraocular Lenses Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    GAP Analysis

3.6.    Potential Analysis

4.    Covid-19 Impact on Contact and Intraocular Lenses Market

4.1.    Impact Analysis of Covid-19 on the global Contact and Intraocular Lenses market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Fluctuation In Production

4.5.    Volatility In Price 

4.6.    Effect On The Overall Trade 

4.7.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global Contact and Intraocular Lenses Market, By Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Type

5.1.2.    BPS Analysis, By Type

5.2.    Market Revenue (US$ Mn) and Forecast, By Type

5.2.1.    Traditional/Monofocal IOLs

5.2.1.1.    Aspheric Monofocal IOLs

5.2.1.2.    Spheric Monofocal IOLs

5.2.2.    Premium IOLs

5.2.2.1.    Multifocal IOLs

5.2.2.2.    Accommodating IOLs

5.2.2.3.    Extended Depth-Of-Focus IOLs

5.2.3.    Phakic IOLs

5.3.    Global Contact and Intraocular Lenses Market Attractiveness Index, By Type

6.    Global Contact and Intraocular Lenses Market, By Material

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Material

6.1.2.    BPS Analysis, By Material

6.2.    Market Revenue (US$ Mn) and Forecast, By Material

6.2.1.    Foldable IOLs

6.2.1.1.    Hydrophobic Acrylic IOLs

6.2.1.2.    Hydrophilic Acrylic IOLS

6.2.1.3.    Other Foldable IOLs

6.2.2.    PMMA IOLS

6.3.     Global Contact and Intraocular Lenses Market Attractiveness Index, By Material

7.    Global Contact and Intraocular Lenses Market, By End-User

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By End-User

7.1.2.    BPS Analysis, By End-User

7.2.    Market Revenue (US$ Mn) and Forecast, By End-User

7.2.1.    Hospitals and Clinics

7.2.2.    Ambulatory Surgery Centers

7.3.    Global Contact and Intraocular Lenses Market Attractiveness Index, By End-User

8.    Global Contact and Intraocular Lenses Market, By Region

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Region

8.1.2.    BPS Analysis, By Region

8.2.    Market Revenue (US$Mn) and Forecast, By Region

8.2.1.    North America

8.2.2.    Latin America

8.2.3.    Europe

8.2.4.    Asia Pacific

8.2.5.    Middle East 

8.2.6.    Africa

8.3.    Global Contact and Intraocular Lenses Market Attractiveness Index, By Region

9.    North America Contact and Intraocular Lenses Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market Revenue (US$Mn) and Forecast, By Country

9.2.1.    U.S. Contact and Intraocular Lenses Market

9.2.2.    Canada Contact and Intraocular Lenses Market

9.3.    North America Contact and Intraocular Lenses Market, By Type

9.3.1.    Traditional/Monofocal IOLs

9.3.1.1.    Aspheric Monofocal IOLs

9.3.1.2.    Spheric Monofocal IOLs

9.3.2.    Premium IOLs

9.3.2.1.    Multifocal IOLs

9.3.2.2.    Accommodating IOLs

9.3.2.3.    Extended Depth-Of-Focus IOLs

9.3.3.    Phakic IOLs

9.4.    North America Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By Material

9.4.1.    Foldable IOLs

9.4.1.1.    Hydrophobic Acrylic IOLs

9.4.1.2.    Hydrophilic Acrylic IOLs

9.4.1.3.    Other Foldable IOLs

9.4.2.    PMMA IOLs

9.5.    North America Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By End-User

9.5.1.    Hospitals and Clinics

9.5.2.    Ambulatory Surgical Centers

9.6.    North America Contact and Intraocular Lenses Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Type

9.6.3.    By Material

9.6.4.    By End-User

10.    Latin America Contact and Intraocular Lenses Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    Brazil Contact and Intraocular Lenses Market

10.2.2.    Mexico Contact and Intraocular Lenses Market

10.2.3.    Rest Of Latin America Contact and Intraocular Lenses Market

10.3.    Latin America Contact and Intraocular Lenses Market, By Type

10.3.1.    Traditional/Monofocal IOLs

10.3.1.1.    Aspheric Monofocal IOLs

10.3.1.2.    Spheric Monofocal IOLs

10.3.2.    Premium IOLs

10.3.2.1.    Multifocal IOLs

10.3.2.2.    Accommodating IOLs

10.3.2.3.    Extended Depth-Of-Focus IOLs

10.3.3.    Phakic IOLs

10.4.    Latin America Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By Material

10.4.1.    Foldable IOLs

10.4.1.1.    Hydrophobic Acrylic IOLs

10.4.1.2.    Hydrophilic Acrylic IOLs

10.4.1.3.    Other Foldable IOLs

10.4.2.    PMMA IOLs

10.5.    Latin America Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By End-User

10.5.1.    Hospitals and Clinics

10.5.2.    Ambulatory Surgical Centers

10.6.    Latin America Contact and Intraocular Lenses Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Type

10.6.3.    By Material

10.6.4.    By End-User

11.    Europe Contact and Intraocular Lenses Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    U.K. Contact and Intraocular Lenses Market

11.2.2.    Germany Contact and Intraocular Lenses Market

11.2.3.    Italy Contact and Intraocular Lenses Market

11.2.4.    France Contact and Intraocular Lenses Market

11.2.5.    Spain Contact and Intraocular Lenses Market

11.2.6.    Russia Contact and Intraocular Lenses Market

11.2.7.    Rest Of Europe Contact and Intraocular Lenses Market

11.3.    Europe Contact and Intraocular Lenses Market, By Type

11.3.1.    Traditional/Monofocal IOLs

11.3.1.1.    Aspheric Monofocal IOLs

11.3.1.2.    Spheric Monofocal IOLs

11.3.2.    Premium IOLs

11.3.2.1.    Multifocal IOLs

11.3.2.2.    Accommodating IOLs

11.3.2.3.    Extended Depth-Of-Focus IOLs

11.3.3.    Phakic IOLs

11.4.    Europe Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By Material

11.4.1.    Foldable IOLs

11.4.1.1.    Hydrophobic Acrylic IOLs

11.4.1.2.    Hydrophilic Acrylic IOLs

11.4.1.3.    Other Foldable IOLs

11.4.2.    PMMA IOLs

11.5.    Europe Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By End-User

11.5.1.    Hospitals and Clinics

11.5.2.    Ambulatory Surgical Centers

11.6.    Europe Contact and Intraocular Lenses Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Type

11.6.3.    By Material

11.6.4.    By End-User

12.    Asia Pacific Contact and Intraocular Lenses Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    China Contact and Intraocular Lenses Market

12.2.2.    India Contact and Intraocular Lenses Market

12.2.3.    Japan Contact and Intraocular Lenses Market

12.2.4.    Australia and New Zealand Contact and Intraocular Lenses Market

12.2.5.    South Korea Contact and Intraocular Lenses Market

12.2.6.    Rest of Asia Pacific Contact and Intraocular Lenses Market

12.3.    Asia Pacific Contact and Intraocular Lenses Market, By Type

12.3.1.    Traditional/Monofocal IOLs

12.3.1.1.    Aspheric Monofocal IOLs

12.3.1.2.    Spheric Monofocal IOLs

12.3.2.    Premium IOLs

12.3.2.1.    Multifocal IOLs

12.3.2.2.    Accommodating IOLs

12.3.2.3.    Extended Depth-Of-Focus IOLs

12.3.3.    Phakic IOLs

12.4.    Asia Pacific Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By Material

12.4.1.    Foldable IOLs

12.4.1.1.    Hydrophobic Acrylic IOLs

12.4.1.2.    Hydrophilic Acrylic IOLs

12.4.1.3.    Other Foldable IOLs

12.4.2.    PMMA IOLs

12.5.    Asia Pacific Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By End-User

12.5.1.    Hospitals and Clinics

12.5.2.    Ambulatory Surgical Centers

12.6.    Asia Pacific Contact and Intraocular Lenses Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Type

12.6.3.    By Material

12.6.4.    By End-User

13.    Middle East Contact and Intraocular Lenses Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    GCC Countries Contact and Intraocular Lenses Market

13.2.2.    Israel Contact and Intraocular Lenses Market

13.2.3.    Rest Of Middle East Contact and Intraocular Lenses Market

13.3.    Middle East Contact and Intraocular Lenses Market, By Type

13.3.1.    Traditional/Monofocal IOLs

13.3.1.1.    Aspheric Monofocal IOLs

13.3.1.2.    Spheric Monofocal IOLs

13.3.2.    Premium IOLs

13.3.2.1.    Multifocal IOLs

13.3.2.2.    Accommodating IOLs

13.3.2.3.    Extended Depth-Of-Focus IOLs

13.3.3.    Phakic IOLs

13.4.    Middle East Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By Material

13.4.1.    Foldable IOLs

13.4.1.1.    Hydrophobic Acrylic IOLs

13.4.1.2.    Hydrophilic Acrylic IOLs

13.4.1.3.    Other Foldable IOLs

13.4.2.    PMMA IOLs

13.5.    Middle East Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By End-User

13.5.1.    Hospitals and Clinics

13.5.2.    Ambulatory Surgical Centers

13.6.    Middle East Contact and Intraocular Lenses Market Attractiveness Index

13.6.1.    By Country

13.6.2.    By Type

13.6.3.    By Material

13.6.4.    By End-User

14.    Africa Contact and Intraocular Lenses Market Analysis and Forecast, 2020–2028

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    South Africa Countries Contact and Intraocular Lenses Market

14.2.2.    Egypt Contact and Intraocular Lenses Market

14.2.3.    North Africa Contact and Intraocular Lenses Market

14.2.4.    Rest of Africa Contact and Intraocular Lenses Market

14.3.    Africa Contact and Intraocular Lenses Market, By Type

14.3.1.    Traditional/Monofocal IOLs

14.3.1.1.    Aspheric Monofocal IOLs

14.3.1.2.    Spheric Monofocal IOLs

14.3.2.    Premium IOLs

14.3.2.1.    Multifocal IOLs

14.3.2.2.    Accommodating IOLs

14.3.2.3.    Extended Depth-Of-Focus IOLs

14.3.3.    Phakic IOLs

14.4.    Africa Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By Material

14.4.1.    Foldable IOLs

14.4.1.1.    Hydrophobic Acrylic IOLs

14.4.1.2.    Hydrophilic Acrylic IOLs

14.4.1.3.    Other Foldable IOLs

14.4.2.    PMMA IOLs

14.5.    Africa Contact and Intraocular Lenses Market Revenue (US$ Mn) and Forecast, By End-User

14.5.1.    Hospitals and Clinics

14.5.2.    Ambulatory Surgical Centers

14.6.    Africa Contact and Intraocular Lenses Market Attractiveness Index

14.6.1.    By Country

14.6.2.    By Type

14.6.3.    By Material

14.6.4.    By End-User

15.    Competitive Landscape

15.1.    Company Profiles

15.1.1.    Bausch + Lomb

15.1.1.1.    Company Overview

15.1.1.2.    Financial Overview

15.1.1.3.    Key Developments

15.1.1.4.    Strategies

15.1.1.5.    Product Analysis

15.1.2.    Alcon

15.1.3.    Johnson & Johnson

15.1.4.    Carl Zeiss Meditec

15.1.5.    Hoya Corporation

15.1.6.    Staar Surgical Company

15.1.7.    Rayner Intraocular Lenses

15.1.8.    Physiol

15.1.9.    Ophtec

15.1.10.    SAV IOL

15.1.11.    Oculentis

16.    Acronyms