OCULAR IMPLANT MARKET ANALYSIS

Ocular Implant Market, by Implant Type (Intraocular Lenses (IOL) (Aspheric IOLs, Toric IOLs, Multifocal IOLs, Anterior chamber IOLs, and others), Corneal Implants, Glaucoma Implants, Orbital Implants, Ocular prosthesis, and others), by Application (Glaucoma Surgery, Oculoplasty, Drug Delivery, Age-Related Macular Degeneration (AMD), Aesthetic purpose, and others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Sep 2022
Code : CMI2699
Pages :157
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Restraints & Challenges:

Stringent regulatory approvals combined with recent product recalls

Global Ocular Implant Market: Restraint

The major factors that hinder growth of the global ocular implant market include stringent regulatory approvals combined with recent product recalls. For instance, in August 2018, Alcon, an ophthalmology company, had to initiate voluntary product recall of Cypass Micro-Stent device, indicated for glaucoma surgery. This was attributed to complications in endothelial loss during the use of the device.

Increasing number of product launches are expected to drive growth of the global ocular implant market.