Dublin, Feb. 09, 2024 (GLOBE NEWSWIRE) -- The "Global Ocular Implants Market by Product (Corneal Implants, Glaucoma Implants, Intraocular Lens), Application (Aesthetic Purpose, Age-Related Macular Degeneration, Drug Delivery), End-Use - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The latest industry analysis projects a significant growth trajectory for the global Ocular Implants Market, which was valued at USD 13.75 billion in 2023. A newly added research report on our website offers an extensive overview of this dynamic market, showcasing a promising Compound Annual Growth Rate (CAGR) of 6.39%. This is expected to result in an impressive market size of USD 21.22 billion by the end of 2030.
Highlighting key areas of expansion within the market, the report sheds light on emerging trends and technological advancements in products such as Corneal Implants, Glaucoma Implants, and notably, Intraocular Lenses. The latter has garnered notable attention due to its impact on correcting vision issues such as cataracts and myopia, among other ocular conditions.
Insightful Analysis and Market Dynamics
The comprehensive market study provides an intricate Market Share Analysis, revealing the competitive landscape and the market's fragmented nature. This expansion is well-articulated through strategic mergers, product innovations, and geographical outreach by major players in the sector.
Furthermore, the in-depth report profiles eminent companies that are shaping the future of ocular advancements, including titans in the industry with a commitment to innovation and patient care in eye health.
In terms of Market Segmentation & Coverage, the research spans a broad spectrum covering various products, applications, end uses, and regions. These are meticulously categorized to anticipate the revenue potential and discern trends within specific niches such as:
- Corneal and Glaucoma Implants
- Drug Delivery and Age-Related Macular Degeneration applications
- Specialty Eye Institutes as end-users
The regional analysis underscores the growth across the Americas, Asia-Pacific, as well as Europe, the Middle East, and Africa, with detailed country-level breakdowns.
Among the distinct elements of the report's insights, companies may find the FPNV Positioning Matrix particularly useful for vendor evaluations. This matrix crucially aids in recognising business strategies and product satisfaction levels, crucial for informed decision-making.
Diverse Factors Influencing Market Dynamics
The report uncovers a range of factors contributing to market dynamics, including:
- Technological advancements in ocular device implants
- The rising prevalence of eye-related disorders
- Increasing aesthetic procedures related to eye enhancements
Through this strategic analysis, stakeholders gain clarity on market penetration, development, diversification, competitive assessment, product innovation, and the ever-evolving regulatory frameworks governing the sector.
Key Attributes:
Report Attribute | Details |
No. of Pages | 186 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $14.57 Billion |
Forecasted Market Value (USD) by 2030 | $21.22 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |
Market Segmentation & Coverage
This research report categorizes the Ocular Implants Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
- Corneal Implants
- Glaucoma Implants
- Intraocular Lens
- Ocular Prosthesis
- Orbital Implants
Application
- Aesthetic Purpose
- Age-Related Macular Degeneration
- Drug Delivery
- Glaucoma Surgery
- Oculoplasty
End-Use
- Clinics
- Hospitals
- Specialty Eye Institutes
Companies Profiled
- Alcon Inc.
- Allergan by Abbvie Inc.
- Bausch & Lomb Inc.
- Carl Zeiss AG
- Glaukos Corporation
- Hoya Corporation
- Johnson & Johnson
- Morcher GmbH
- Novartis AG
- Ophtec BV
- STAAR Surgical Company
For more information about this report visit https://www.researchandmarkets.com/r/wgohda
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