Corneal Implants Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

Global corneal implants market is expected to grow at a CAGR of 6.3% during the forecast period. The growth of the market is attributed to the increasing prevalence of corneal diseases and conditions, the growing aging population, and advancements in corneal implant technologies. According to the Centers for Disease Control and Prevention, approximately 12 million people 40 years and over in the US have vision impairment, including 1 million who are blind, 3 million who have vision impairment after correction, and 8 million who have vision impairment due to uncorrected refractive error. Also, according to WHO, Globally, at least 2.2 billion people have a near or distance vision impairment. In at least 1 billion – or almost half – of these cases, vision impairment could have been prevented or has yet to be addressed.

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In addition, the growing initiatives taken by various governments and organizations to address corneal diseases is anticipated to propel the growth of the market. For instance, in December 2021, BIANCO, which is being launched by Minister for Health and Medical Research Brad Hazzard, received grant funding from the Australian Government through the Medical Research Future Fund 2021 Frontier Health and Medical Research Initiative. BIANCO will bioengineer a total cornea as well as partial thickness grafts for transplant, reducing the amount of donor tissue required. It will take on the global challenge of corneal blindness, the third most common cause of blindness around the globe. Thus the Corneal Implants market is expected to continue growing in the coming years, with significant opportunities for growth in emerging markets and the development of new and innovative corneal implant products.

Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030
  • Segment Covered- 

o             By Tissue Type

o             By Corneal Disease

o             By End-User

  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

  • Competitive Landscape- AcuFocus, Inc., Addition Technology, Inc., (A Company of AJL Ophthalmic, S.A.), Adverum, Biotechnologies Inc., Alcon (A Division of Novartis AG), Astellas Pharma US, Inc., Bausch & Lomb Inc. and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Corneal Implants Market Report Segment

By Tissue Type

  • Artificial Cornea
  • Human Donor

By Corneal Disease

  • Fungal keratitis
  • Fuchs Dystrophy
  • Keratoconus

By End-User

  • Hospitals
  • Eye Clinics
  • Ambulatory Surgical Centers (ASC)

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Global Corneal Implants Market Report Segment by Region

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • AcuFocus, Inc.
  • Addition Technology, Inc., (A Company of AJL Ophthalmic, S.A.)
  • Adverum Biotechnologies Inc.
  • Alcon (A Division of Novartis AG)
  • Astellas Pharma US, Inc.
  • Bausch & Lomb Inc.
  • Bayer AG
  • Boehringer Ingelheim GmbH
  • Cornea Bioscience
  • CryoLife Inc.
  • Hoffmann-La Roche Ltd.
  • Keramed Inc.
  • Medtronic Plc

 

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