Phakic Intraocular Lenses Market Size, Share, and Trends Analysis | Global | 2023-2029 | MedCore

  • Year: 2023
  • Scope: 10 Years
  • Region: Global
  • Published Date: 10/20/2023
  • Type: MedCore

Product Description

Overall, the global phakic intraocular lens market was valued at approximately $209 million in 2022. This is expected to increase over the forecast period at a CAGR of 5.9% to reach approximately $312 million.

Throughout this medical market research, we analyzed over 5 phakic intraocular lens companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global ophthalmic ultrasound device market includes a complete analysis on phakic intraoculaer lenses.

DATA TYPES INCLUDED

  • Unit Sales, Average Selling PricesMarket Value & Growth Trends
  • Forecasts Until 2029, and Historical Data to 2019
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • COVID19 Impact
  • Disease Overviews and Demographic Information
  • Company Profiles, Product Portfolios and SWOT for Top Competitors

Global Phakic Intraocular Lens Market Insights

Global Phakic Intraocular Lens Market

Refractive surgeries are usually chosen as elective procedures, and their demand can be influenced by economic fluctuations due to the costs involved for patients. Phakic implantation and LASIK are two competitive options in the field of refractive surgeries. However, LASIK tends to be the more preferred choice for most individuals, primarily because it is a more cost-effective option compared to phakic IOL implantation. This preference is evident in the fact that only a minority of refractive surgeries involve the use of phakic IOLs.

Global Phakic Intraocular Lens Market Share Insights

Global Phakic Intraocular Lens Market

In 2022, STAAR Surgical Company secured the top position as the dominant player in the worldwide phakic IOL market, with their flagship product being the Visian ICL™.

AMO, during the same year, emerged as the second major contender in the global phakic IOL market, boasting the Verisyse® phakic IOL as their primary offering.

Alcon held the third-place position among competitors in the global phakic IOL market for 2022, primarily known for its AcrySof® cataract IOLs, celebrated for their effectiveness in cataract surgery lens replacements.

Market Segmentation Summary

  • Global Phakic Intraocular Lens Market

Global Phakic Intraocular Lens Research Scope Summary

Report Attribute Details
Regions North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year 2022
Forecast 2023-2039
Historical Data 2019-2022
Quantitative Coverage Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

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Phakic Intraocular Lens Market
19.1 Executive Summary
19.1.1 Global Phakic Intraocular Lens Market Overview
19.1.2 Competitive Analysis
19.1.3 Regions Included
19.2 Introduction
19.3 Market Analysis and Forecast
19.4 Drivers and Limiters
19.4.1 Market Drivers
19.4.2 Market Limiters
19.5 Competitive Market Share Analysis
STAAR Surgical Company
AMO
Alcon
Others
Chart 19‑1: Phakic Intraocular Lens Market, Global, 2022 & 2029
Chart 19‑2: Phakic Intraocular Lens Units Sold, Global, 2022
Chart 19‑3: Phakic Intraocular Lens Market, Global, 2019 – 2029
Chart 19‑4: Leading Competitors, Phakic Intraocular Lens Market, Global, 2022
Figure 19‑1: Phakic Intraocular Lens Regions Covered, Global (1 of 2)
Figure 19‑2: Phakic Intraocular Lens Regions Covered, Global (2 of 2)
Figure 19‑3: Phakic Intraocular Lens Market, Global, 2019 – 2029
Figure 19‑4: Units Sold by Region, Phakic Intraocular Lens Market, Global, 2019 – 2029
Figure 19‑5: Average Selling Price by Region, Phakic Intraocular Lens Market, Global, 2019 – 2029 (US$)
Figure 19‑6: Market Value by Region, Phakic Intraocular Lens Market, Global, 2019 – 2029 (US$M)
Figure 19‑7: Leading Competitors, Phakic Intraocular Lens Market, Global, 2022

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

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Overall, the global phakic intraocular lens market was valued at approximately $209 million in 2022. This is expected to increase over the forecast period at a CAGR of 5.9% to reach approximately $312 million.

  • 2023
  • 10 Years
  • Global
  • 10/20/2023
  • MedCore
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