Intraocular Lenses Market Analysis | Europe | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: Europe
- Pages: 141
- Published Date: 11/1/2016
- Type: MedCore
In general, growth of the IOL market is driven by the increasing prevalence of cataracts, a condition that is associated with older age. Hindering the market is aggressive price cutting, a common strategy in this highly competitive market. Although there are several major competitors, the smaller players together have a significant presence in the market. Government reimbursements also play a large role in setting the price for IOLs, as reimbursements for cataract surgeries are often standardized. In recent years, the ASP of IOLs has been coming under intense pressure. Some of the largest companies have been bidding aggressively on tenders.
Intraocular lenses (IOLs) are synthetic lenses that are used for replacing the natural lens of the eye. They replace lenses that have been clouded by cataracts. IOLs are composed of the clear lens with peripheral support struts known as haptics.
Segments Covered in This Market
- Monofocal Lens Market (Standard, Toric)
- Multifocal Lens Market (Standard, Toric)
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares
- Product Portfolios
- Related Press Releases from Top Competitors
Of the many companies in the European Intraocular Lens market, Alcon was the leader, followed by Abbott Medical Optics (AMO) and Bausch & Lomb. Alcons strong position in the markets for surgical equipment gives the company an advantage when it comes to the sale of consumable products. Having equipment in the OR means that Alcon representatives maintain close relationships with surgeons. Other companies analyzed include Hoya, Carl Zeiss Meditec, and PhysIOL.
About Our In-Depth MedCore Research
Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.
This MedCore is also found in the full report suite titled Europe Market Report Suite for Diagnostic and Interventional Ophthalmic Devices – MedSuite
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