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The new report by Expert Market Research titled, 'Global Ocular Implants Market Report and Forecast 2021-2026', gives an in-depth analysis of the global Ocular Implants market, assessing the market based on its segments like product, application, end use and major regions like North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/ocular-implants-market/requestsample
The key highlights of the report include:
Market Overview (2015-2026)
- Historical Market Size (2020): USD 12.6 Trillion
- Forecast CAGR (2021-2026): 6.2%
- Forecast Market Size (2026): USD 18.1 Billion
Ever increasing geriatric population and increase in ocular diseases like cataract and glaucoma have driven the market in the historical period. The developments in medical diagnostic technologies and increased awareness within the Populus has driven the growth of the market.
Industry Definition and Major Segments
Ocular implants are surgically inserted artificial devices used after enucleation, evisceration, or orbital exenteration to restore vision sharpness. The size, form and strength of the ocular implant depends on the patient. Various non-integrated and integrated components, including hydroxyapatite, Medpor and bio-ceramic, are used for ocular implants. Analysis and studies have shown that porous integrated implants (hydroxyapatite) can present certain risks and complications, such as extrusion, dehiscence, or infections. Nanostructured biomaterials currently deliver higher rates of healing and proliferation at low prices and lower post-operative complications. Ocular implants also have targeted and sustained drug delivery applications for the treatment of ophthalmological disorders ranging from glaucoma to diabetic retinopathy.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/ocular-implants-market
Based on the product, the market is bifurcated into:
- Intraocular Lenses
- Orbital Implants
- Ocular Prosthesis
- Glaucoma Implants
- Corneal Implants
On the basis on end use, the industry can be segmented into:
- Specialty Eye Institutes
Based on application, the market is categorized into:
- Glaucoma Surgery
- Drug delivery
- Age-Related Macular Degeneration (AMD)
The regional markets for Ocular Implants include:
- North America
- latin america
- Middle East and Africa
Regionally, North America is projected to have the significant market share of the global market for ocular implants, followed by Europe and Asia Pacific. This is due to advancements in healthcare technologies, aided by increasing investments in this sector. For instance, Pixium Vision's Prima System, aims to elicit functional artificial, or bionic, vision in the form of light perception partially replacing the natural central vision loss. According to the World Health Organization, an estimated 1.3 billion people worldwide suffered some sort of vision impairment in 2018. According to the CDC report, almost 20.5 million (17.2 per cent) people in the US age 40 years and over have cataract in one or both eyes, and 6.1 million (5.1 per cent) have had their lens removed by surgery. The overall number of people with cataract rose to around 30. 1 million in 2020. Additionally, according to the article published by the American Academy of Opthalmology, the global prevalence of glaucoma has increased from 64.3 million cases in 2013 to 76.0 million in 2020. The highest prevalence of these cases was recorded in Asian countries, China, India, and Japan, to name a few. This unfortunate increase in diseases and disabilities is expected to propel the growth of the market in the forecast period.
Key Market Players
The major players in the market are Alcon Vision LLC. Carl Zeiss Meditec AG, Johnson & Johnson Vision Care, Inc., MORCHER GmbH and few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com . Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos ( https://www.informesdeexpertos.com ), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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