The Europe Intraocular Lens Market would witness market growth of 4.8% CAGR during the forecast period (2021-2027).
Despite a slight drop in total sales in the first half of the COVID-19 outbreak, the market is likely to rebound and thrive throughout the forecast period. The government's limitations and lockdowns had a detrimental impact on both demand and supply in the market. While the number of treatments performed decreased dramatically as a result of the shift in healthcare objectives, the closure of production plants resulted in a scarcity of intraocular lenses. However, the market is predicted to develop steadily and profitably throughout the projection period, thanks to the opening up of economies and the advent of vaccinations. Proteins in the eye alter with age, and sections of the lens become clouded, raising the risk of cataracts.
The IOL market in Europe is expected to grow as the number of cataract surgeries increases, femtosecond lasers become more widely used for cataract surgery, and toric lenses become more popular. According to Eurostat, the number of cataract procedures conducted per 1,000 people in Germany, Italy, and Spain was 10, 9, and 7, respectively, in 2016. This, together with the existence of many companies in Europe, is projected to lead to an increase in demand for intraocular cataract lenses. Implanting multifocal and multifocal toric IOLs has been a prominent procedure for restoring vision following cataract surgery and for correcting presbyopia in recent years. Although multifocal IOLs give great distant and close vision, they may not provide as good intermediate vision. However, numerous recent IOLs, such as the FineVision and the AT LISA tri, recover intermediate vision without affecting near or far vision.
The Germany market dominated the Europe Intraocular Lens Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $337 Million by 2027. The UK market is exhibiting a CAGR of 3.9% during (2021 - 2027). Additionally, The France market would display a CAGR of 5.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Intraocular Lens Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Intraocular Lens Market, by End-Use
1.4.2 Europe Intraocular Lens Market, by Product
1.4.3 Europe 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. Europe Intraocular Lens Market by End-use
4.1 Europe Hospitals Market by Country
4.2 Europe Ophthalmic Clinics Market by Country
4.3 Europe Eye Research Institutes Market by Country
4.4 Europe Ambulatory Surgery Centers Market by Country
Chapter 5. Europe Intraocular Lens Market by Product
5.1 Europe Multifocal Market by Country
5.2 Europe Monofocal Market by Country
5.3 Europe Toric Market by Country
5.4 Europe Accommodative Market by Country
Chapter 6. Europe Intraocular Lens Market by Country
6.1 Germany Intraocular Lens Market
6.1.1 Germany Intraocular Lens Market by End-use
6.1.2 Germany Intraocular Lens Market by Product
6.2 UK Intraocular Lens Market
6.2.1 UK Intraocular Lens Market by End-use
6.2.2 UK Intraocular Lens Market by Product
6.3 France Intraocular Lens Market
6.3.1 France Intraocular Lens Market by End-use
6.3.2 France Intraocular Lens Market by Product
6.4 Russia Intraocular Lens Market
6.4.1 Russia Intraocular Lens Market by End-use
6.4.2 Russia Intraocular Lens Market by Product
6.5 Spain Intraocular Lens Market
6.5.1 Spain Intraocular Lens Market by End-use
6.5.2 Spain Intraocular Lens Market by Product
6.6 Italy Intraocular Lens Market
6.6.1 Italy Intraocular Lens Market by End-use
6.6.2 Italy Intraocular Lens Market by Product
6.7 Rest of Europe Intraocular Lens Market
6.7.1 Rest of Europe Intraocular Lens Market by End-use
6.7.2 Rest of Europe 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 Europe Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 2 Europe Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 3 Europe Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 4 Europe Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 5 Europe Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Ophthalmic Clinics Market by Country, 2017 - 2020, USD Million
TABLE 8 Europe Ophthalmic Clinics Market by Country, 2021 - 2027, USD Million
TABLE 9 Europe Eye Research Institutes Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Eye Research Institutes Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Ambulatory Surgery Centers Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Ambulatory Surgery Centers Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 14 Europe Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 15 Europe Multifocal Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Multifocal Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Monofocal Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Monofocal Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Toric Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Toric Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Accommodative Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Accommodative Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Intraocular Lens Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Intraocular Lens Market by Country, 2021 - 2027, USD Million
TABLE 25 Germany Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 26 Germany Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 27 Germany Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 28 Germany Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 29 Germany Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 30 Germany Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 31 UK Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 32 UK Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 33 UK Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 34 UK Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 35 UK Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 36 UK Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 37 France Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 38 France Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 39 France Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 40 France Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 41 France Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 42 France Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 43 Russia Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 44 Russia Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 45 Russia Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 46 Russia Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 47 Russia Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 48 Russia Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 49 Spain Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 50 Spain Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 51 Spain Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 52 Spain Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 53 Spain Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 54 Spain Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 55 Italy Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 56 Italy Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 57 Italy Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 58 Italy Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 59 Italy Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 60 Italy Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 61 Rest of Europe Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 62 Rest of Europe Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 63 Rest of Europe Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 64 Rest of Europe Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 65 Rest of Europe Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 66 Rest of Europe 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