Corneal Implants Market
Corneal Implants Market Size, Share & Trends Analysis Report by Tissue Type (Artificial Cornea, and Human Donor), by Corneal Diseases (Fungal keratitis, Fuchs Dystrophy, and Keratoconus), by End-User (Hospitals, Eye Clinics, and Ambulatory Surgical Centers (ASC)), Forecast Period 2023-2030
Corneal implants market is expected to grow at a CAGR of 6.3% during the forecast period. The market is growing attributed to rising in the incidences of corneal blindness along with the lack of human cornea donors. The other factor that will propel the growth of corneal transplant surgery is the increasing aging population that demands corneal transplants. According to the Eye Bank Association of America, there were approximately 85,411 cornea implants were done alone in America in 2018. Whereas, higher prices of surgeries restrain the market growth, therefore the adoption of this surgery is quite low in developing countries which will also deter the growth of the market over the forecast period.
The corneal implant is used in surgical procedures in which the eye cornea is replaced by corneal tissues. The major factor that can restrain the global cornea implant market includes the increased probability of rejection of artificial cornea made up of alloplastic material by the human eye. In addition, approximately 10 million people across the globe suffer from corneal blindness. Thus, the rise in the incidences of corneal blindness along with the lack of human cornea donors is among the primary factor that fuels the growth of the cornea implant market during the forecast period.
Segmental Outlook
The corneal implant market is sectioned based on tissue type, corneal disease, and end-user. Based on the tissue type, the market is segmented into artificial cornea and human donors. Based on the corneal disease, the market is segmented into fungal keratitis, Fuchs dystrophy, and keratoconus. Based on the end-user, the market is segmented into hospitals, eye clinics, and ambulatory surgical centers (ASC).
Artificial Cornea Segment to Register Notable Share
Based on the type, the artificial cornea segment registers a notable share in the global corneal implant market. This is attributed to increasing cases related to eye diseases. The factor that majorly contributes to the market is the shortage of eye and tissue banking along with a decrease in cornea donors across the globe. Synthetic cornea implants and biosynthetic cornea implants are the two most common types of artificial cornea implants. Whereas, the factor that challenges the artificial cornea segment is the high transplantation costs and extra and preventive measures that should be taken for the long term.
Regional Outlooks
The global corneal implants market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Europe market is anticipated to cater to a prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the Corneal Implants market.
Global Corneal Implants Market Growth, by Region 2023-2030
The North American Region is anticipated to Hold a Significant Share in the Global Corneal Implants Market
Among these regions, the North American region is anticipated to account for a significant share of the Corneal Implants market during the forecast period. The growth of the corneal implants market in the region is primarily driven by factors such as the increased number of eye-related issues and vision problems in the region. According to the Eye Bank Association of America, the bank reported approximately 133,576 total tissue recoveries from 68,102 donors in 2018. Thus, these numbers of eye transplants are likely to provide opportunities for market growth. In addition, the frequent development of the products along with the improved healthcare infrastructure of the region contributes to the growth of the corneal implants market across the region.
Market Players Outlook
The prominent players operating in the global corneal implants market include Bayer AG, Medtronic Plc, F. Hoffmann-La Roche Ltd., Pfizer Inc. Bausch & Lomb Inc., PowerVision Inc., Presbia PLC, Regeneron Pharmaceuticals Inc. among others. These are the key companies providing various solutions for novel and advanced corneal implants. The corneal implant manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment in the market. For instance, In June 2016, the US FDA approved the Raindrop Near Vision Inlay, for the improvement of near vision is presbyopic. Further, in April 2015, the US FDA approved the Kamra Corneal Inlay, the first small aperture corneal implantable device for the correction of near vision in patients who have not had cataract surgery.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global corneal implants market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Company
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Key Strategy Analysis
4. Market Segmentation
4.1. Global Corneal Implants Market by Tissue Type
4.1.1. Artificial Cornea
4.1.2. Human Donor
4.2. Global Corneal Implants Market by Corneal Disease
4.2.1. Fungal keratitis
4.2.2. Fuchs Dystrophy
4.2.3. Keratoconus
4.3. Global Corneal Implants Market by End-User
4.3.1. Hospitals
4.3.2. Eye Clinics
4.3.3. Ambulatory Surgical Centers (ASC)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AcuFocus, Inc.
6.2. Addition Technology, Inc., (A Company of AJL Ophthalmic, S.A.)
6.3. Adverum Biotechnologies Inc.
6.4. Alcon (A Division of Novartis AG)
6.5. Astellas Pharma US, Inc.
6.6. Bausch & Lomb Inc.
6.7. Bayer AG
6.8. Boehringer Ingelheim GmbH
6.9. Cornea Bioscience
6.10. CryoLife Inc.
6.11. F. Hoffmann-La Roche Ltd.
6.12. Keramed Inc.
6.13. Medtronic Plc
6.14. Pfizer Inc.
6.15. Presbia PLC
1. GLOBAL CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY TISSUE TYPE, 2022-2030 ($ MILLION)
2. GLOBAL ARTIFICIAL CORNEA MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL HUMAN DONOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY CORNEAL DISEASE, 2022-2030 ($ MILLION)
5. GLOBAL FUNGAL KERATITIS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL FUCHS DYSTROPHY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL KERATOCONUS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
9. GLOBAL CORNEAL IMPLANTS IN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL CORNEAL IMPLANTS IN EYE CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL CORNEAL IMPLANTS IN ASC MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. NORTH AMERICAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
14. NORTH AMERICAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY TISSUE TYPE, 2022-2030 ($ MILLION)
15. NORTH AMERICAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY CORNEAL DISEASE, 2022-2030 ($ MILLION)
16. NORTH AMERICAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
17. EUROPEAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
18. EUROPEAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY TISSUE TYPE, 2022-2030 ($ MILLION)
19. EUROPEAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY CORNEAL DISEASE, 2022-2030 ($ MILLION)
20. EUROPEAN CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
21. ASIA-PACIFIC CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. ASIA-PACIFIC CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY TISSUE TYPE, 2022-2030 ($ MILLION)
23. ASIA-PACIFIC CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY CORNEAL DISEASE, 2022-2030 ($ MILLION)
24. ASIA-PACIFIC CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
25. REST OF THE WORLD CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY TISSUE TYPE, 2022-2030 ($ MILLION)
26. REST OF THE WORLD CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY CORNEAL DISEASE, 2022-2030 ($ MILLION)
27. REST OF THE WORLD CORNEAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL CORNEAL IMPLANTS MARKET SHARE BY TISSUE TYPE, 2023 VS 2030 (%)
2. GLOBAL CORNEAL IMPLANTS MARKET SHARE BY CORNEAL DISEASE, 2023 VS 2030 (%)
3. GLOBAL CORNEAL IMPLANTS MARKET SHARE BY END-USER, 2023 VS 2030 (%)
4. GLOBAL CORNEAL IMPLANTS MARKET SHARE BY REGION, 2023 VS 2030 (%)
5. GLOBAL ARTIFICIAL CORNEA MARKET SHARE BY REGION, 2023 VS 2030 (%)
6. GLOBAL HUMAN DONOR MARKET SHARE BY REGION, 2023 VS 2030 (%)
7. GLOBAL FUNGAL KERATITIS MARKET SHARE BY REGION, 2023 VS 2030 (%)
8. GLOBAL FUCHS DYSTROPHY MARKET SHARE BY REGION, 2023 VS 2030 (%)
9. GLOBAL KERATOCONUS MARKET SHARE BY REGION, 2023 VS 2030 (%)
10. GLOBAL CORNEAL IMPLANTS IN HOSPITALS MARKET SHARE BY REGION, 2023 VS 2030 (%)
11. GLOBAL CORNEAL IMPLANTS IN EYE CLINICS MARKET SHARE BY REGION, 2023 VS 2030 (%)
12. GLOBAL CORNEAL IMPLANTS IN ASC MARKET SHARE BY REGION, 2023 VS 2030 (%)
13. US CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
14. CANADA CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
15. UK CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
16. FRANCE CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
17. GERMANY CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
18. ITALY CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
19. SPAIN CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
20. ROE CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
21. INDIA CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
22. CHINA CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
23. JAPAN CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
24. REST OF ASIA-PACIFIC CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
25. REST OF THE WORLD CORNEAL IMPLANTS MARKET SIZE, 2022-2030 ($ MILLION)
