The global “ocular implants market” size is projected to reach USD 7.94 billion by 2026. Technological advancements have played a key role towards the widespread adoption of ocular implants. According to a report published by Fortune Business Insights, titled “Ocular Implants Market Size, Share & Industry Analysis, By Product Type (Intraocular Lenses, Glaucoma Implants, Ocular Prostheses, Corneal Implants and Others), By End-user (Hospitals, Ophthalmic Clinics, Others), and Regional Forecast, 2019-2026,” the market was worth USD 5.11 billion in 2018 and will exhibit a CAGR of 5.7% during the forecast period, 2019-2026.
Ocular implants are used in the treatment of eye diseases and disorders. The increasing investment in the research and development of newer products will have a direct impact on the growth of the market in the coming years. The advancements in ophthalmic diagnostic technology has led to a wider product adoption. The ease of accessibility of online tools has educated the public regarding different treatment options will contribute to the growth of the market. Growing adoption of advanced ocular devices such as artificial eye and glaucoma devices has opened up a huge potential for the companies operating in the market. The increasing number of regulatory clearances for ocular devices help major companies generate substantial ocular implants market revenue in the coming years.
Major Ocular Implants Market Key players covered in the report include:
- Johnson and Johnson Services, Inc.
- Bausch & Lomb Incorporated
- ZEISS International
- STAAR SURGICAL
- Hoya Corporation
- Second Sight
- Other Prominent Players
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Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for market to figure out and study the market’s needs, market size, and competition.
Ocular Implants Market Analysis 2021:
The ocular implants market is segmented on the basis of factors such as product type, end user, and regional demographics. The report provides forecast values for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals. The report highlights the latest product launches and labels major innovations in the market. In addition to this, it states the impact of these products on the growth of the market. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and products in the coming years.
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