The Asia Pacific Intraocular Lens Market would witness market growth of 5.0% CAGR during the forecast period (2021-2027).
Utilizing a specific variety of premium IOL in every eye might sometimes provide in the greatest visual results following cataract surgery. One eye may have higher astigmatism than the other, for instance. If that's the case, a cataract surgeon might suggest a toric IOL in that eye, as well as an adapting IOL in the other, to eliminate necessity computer glasses. Some other possibility is that the cataract surgeon will propose one type of multifocal lens for one eye and another for the other. This is due to the fact that one brand may give superior computer vision while the other may provide clearer vision at a closer range, such as when reading or performing other close-up jobs.
The significant growth rate of the region is primarily attributable to reasons such as a rise in international patient migration to Asian nations that provide low-cost treatment, increased market penetration in developed nations, and government initiatives that promote ophthalmic care. The Indian National Blindness and Visual Impairment Control System was established in order to raise awareness and provide comprehensive cataract eye care services, as well as refractive errors, corneal problems, and glaucoma treatment. Medical tourists are also attracted by a number of factors, including favourable exchange rates and access to high-quality care at an affordable cost.
China and India are expected to expand at the fastest rates in the Asia-Pacific area. Some of the primary driving factors for the Intraocular Lens Market in developing countries include government actions to incorporate eye care into social security systems, a rise in the geriatric population, an upsurge in cataract cases, and an anticipated increment in the diabetic population. Because of the increased incidence of diabetes and cataracts in Asia Pacific, the market is expected to grow.
The China market dominated the Asia Pacific Intraocular Lens Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $412.9 Million by 2027. The Japan market is poised to grow at a CAGR of 4.4% during (2021 - 2027). Additionally, The India market would experience a CAGR of 5.7% during (2021 - 2027).
Based on End-use, the market is segmented into Hospitals, Ophthalmic Clinics, Eye Research Institutes, and Ambulatory Surgery Centers. Based on Product, the market is segmented into Multifocal, Monofocal, Toric, and Accommodative. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Intraocular Lens Market is Projected to reach USD 5.1 Billion by 2027, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include EyeKon Medical, Inc., Lenstec, Inc., HumanOptics AG, STAAR Surgical Company, Rayner Intraocular Lenses Limited, Bausch Health Companies, Inc., Carl Zeiss AG, Johnson & Johnson (Johnson & Johnson Vision Care, Inc.), Hoya Corporation, and Alcon, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End-Use
- Hospitals
- Ophthalmic Clinics
- Eye Research Institutes
- Ambulatory Surgery Centers
By Product
- Multifocal
- Monofocal
- Toric
- Accommodative
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- EyeKon Medical, Inc.
- Lenstec, Inc.
- HumanOptics AG
- STAAR Surgical Company
- Rayner Intraocular Lenses Limited
- Bausch Health Companies, Inc.
- Carl Zeiss AG
- Johnson & Johnson (Johnson & Johnson Vision Care, Inc.)
- Hoya Corporation
- Alcon, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Intraocular Lens Market, by End-Use
1.4.2 Asia Pacific Intraocular Lens Market, by Product
1.4.3 Asia Pacific Intraocular Lens Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Intraocular Lens Market
Chapter 4. Asia Pacific Intraocular Lens Market by End-use
4.1 Asia Pacific Hospitals Market by Country
4.2 Asia Pacific Ophthalmic Clinics Market by Country
4.3 Asia Pacific Eye Research Institutes Market by Country
4.4 Asia Pacific Ambulatory Surgery Centers Market by Country
Chapter 5. Asia Pacific Intraocular Lens Market by Product
5.1 Asia Pacific Multifocal Market by Country
5.2 Asia Pacific Monofocal Market by Country
5.3 Asia Pacific Toric Market by Country
5.4 Asia Pacific Accommodative Market by Country
Chapter 6. Asia Pacific Intraocular Lens Market by Country
6.1 China Intraocular Lens Market
6.1.1 China Intraocular Lens Market by End-use
6.1.2 China Intraocular Lens Market by Product
6.2 Japan Intraocular Lens Market
6.2.1 Japan Intraocular Lens Market by End-use
6.2.2 Japan Intraocular Lens Market by Product
6.3 India Intraocular Lens Market
6.3.1 India Intraocular Lens Market by End-use
6.3.2 India Intraocular Lens Market by Product
6.4 South Korea Intraocular Lens Market
6.4.1 South Korea Intraocular Lens Market by End-use
6.4.2 South Korea Intraocular Lens Market by Product
6.5 Singapore Intraocular Lens Market
6.5.1 Singapore Intraocular Lens Market by End-use
6.5.2 Singapore Intraocular Lens Market by Product
6.6 Malaysia Intraocular Lens Market
6.6.1 Malaysia Intraocular Lens Market by End-use
6.6.2 Malaysia Intraocular Lens Market by Product
6.7 Rest of Asia Pacific Intraocular Lens Market
6.7.1 Rest of Asia Pacific Intraocular Lens Market by End-use
6.7.2 Rest of Asia Pacific Intraocular Lens Market by Product
Chapter 7. Company Profiles
7.1 EyeKon Medical, Inc.
7.1.1 Company Overview
7.2 Lenstec, Inc.
7.2.1 Company Overview
7.3 HumanOptics Holding AG
7.3.1 Company Overview
7.4 STAAR Surgical Company
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expenses
7.5 Rayner Intraocular Lenses Limited
7.5.1 Company Overview
7.5.2 Recent Strategies and Developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Bausch Health Companies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent Strategies and Developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Carl Zeiss AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional & Segmental Analysis
7.7.4 Research & Development Expense
7.8 Johnson & Johnson (Johnson & Johnson Vision Care, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental &Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent Strategies and Developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Hoya Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental &Regional Analysis
7.9.4 Research & Development Expenses
7.10. Alcon, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent Strategies and Developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Ophthalmic Clinics Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Ophthalmic Clinics Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Eye Research Institutes Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Eye Research Institutes Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Ambulatory Surgery Centers Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Ambulatory Surgery Centers Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Multifocal Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Multifocal Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Monofocal Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Monofocal Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Toric Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Toric Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Accommodative Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Accommodative Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Intraocular Lens Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Intraocular Lens Market by Country, 2021 - 2027, USD Million
TABLE 25 China Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 26 China Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 27 China Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 28 China Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 29 China Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 30 China Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 31 Japan Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 32 Japan Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 33 Japan Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 34 Japan Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 35 Japan Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 36 Japan Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 37 India Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 38 India Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 39 India Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 40 India Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 41 India Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 42 India Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 43 South Korea Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 44 South Korea Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 45 South Korea Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 46 South Korea Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 47 South Korea Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 48 South Korea Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 49 Singapore Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 50 Singapore Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 51 Singapore Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 52 Singapore Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 53 Singapore Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 54 Singapore Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 55 Malaysia Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 56 Malaysia Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 57 Malaysia Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 58 Malaysia Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 59 Malaysia Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 60 Malaysia Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 65 Rest of Asia Pacific Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 67 key information – EyeKon Medical, Inc.
TABLE 68 Key Information – Lenstec, Inc.
TABLE 69 Key Information – HumanOptics Holding AG
TABLE 70 Key Information – STAAR Surgical Company
TABLE 71 Key information – Rayner Intraocular Lenses Limited
TABLE 72 key information – Bausch Health Companies, Inc.
TABLE 73 Key Information – Carl Zeiss AG
TABLE 74 Key information –Johnson & Johnson
TABLE 75 Key Information – Hoya Corporation
TABLE 76 key information – Alcon, Inc.
List of Figures
FIG 1 Methodology for the research