Phakic Intraocular Lenses Market Analysis | Europe | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: Europe
- Pages: 70
- Published Date: 11/1/2016
- Type: MedCore
The phakic IOL market is expected to grow slightly throughout the forecast period. Demand for phakic IOLs will be driven by the aging population and the associated need for refractive correction among this demographic. Limiting this market is the high cost of phakic IOL surgery compared to alternative refractive procedures such as LASIK. In most European countries, refractive surgeries are considered elective procedures. The phakic IOL market is therefore sensitive to economic fluctuations.
Refractive errors can be corrected by procedures such as Phakic IOL implantation and Laser Assisted In- Situ Keratomileusis (LASIK). LASIK modifies corneal thickness; thus it is limited by the amount of corneal tissue that can be safely removed. If too much is removed, the cornea becomes too thin and weak, and bulging of the cornea could occur, which is a condition known as ectasia. Treatment of ectasia involves exchanging the cornea in a procedure called keratoplasty, which leaves the patient with very poor vision. Phakic IOL implantation has the advantage of being able to correct a higher degree of refractive error than LASIK. Even with these disadvantages, LASIK is the leading refractive surgery procedure because phakic IOL implantation is more expensive, and implantation of these lenses is a more invasive procedure.
Segments Covered in This Market
- Phakic Intraocular Lens Market
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 companies in the European Phakic Introcular Lens market, STAAR Surgical Company was the leader, followed by Abbott Medical Optics (AMO) and Alcon. product is the Visian ICL. STAAR Surgical’s product, the Visian ICL, is made from their proprietary Collamer® substrate, which provides a number of advantages over traditional IOL substrates, including high water content, reduced visual aberrations, high biocompatibility and protein repulsion.
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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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