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Corneal Implants Market Size

Report ID: GMI1227
Published Date: Oct 2022
Report Format: PDF

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Corneal Implants Market Size

Corneal Implants Market size exceeded a valuation of over USD 320 million in 2021 and is projected to exhibit a 7% CAGR between 2022 and 2030. The growing prevalence of eye diseases across the globe is among the leading factors propelling the industry demand.

Eye conditions such as ocular hypertension and diabetic retinopathy have become significantly prevalent in recent years. Besides, the increasing burden of chronic diseases, such as hypertension and diabetes, has further contributed to several eye disorders, such as glaucoma, which is slated to transform the market dynamics.

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Limited availability of tissue donors to impede the corneal implants market progress

Although corneal implantation is a safe procedure, it involves a number of risks, including eye infection, swelling of the cornea, pressure within the eyeball, and rejection of donor cornea, which may hamper industry share. In addition, the limited availability of cornea tissues due to a shortage of donors may further emerge as a major growth restraining factor in the forthcoming years.

Corneal Implants Market Report Attributes
Report Attribute	Details
Base Year:	2021
Corneal Implants Market Size in 2021:	USD 320 Million
Forecast Period:	2022 to 2030
Forecast Period 2022 to 2030 CAGR:	7%
2030 Value Projection:	USD 580 Million
Historical Data for:	2017 to 2021
No. of Pages:	162
Tables, Charts & Figures:	251
Segments covered:	Tissue Type, Transplant Type, Application, End-use, Region
Growth Drivers:	Increasing incidence of eye diseases worldwide Rising elderly population in developed economies Growing demand for minimally invasive surgical procedures across the globe Increasing technological advancements in corneal implants
Pitfalls & Challenges:	Risks associated with corneal implants Shortage of donor material worldwide

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Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for corneal implants was worth more than USD 320 million in 2021 and is expected to witness a 7% CAGR between 2022 and 2030 owing to the alarming growth in eye disorders and increasing sight-restoring surgeries

Human donor tissue segment accounted for USD 320 million in 2021 and is poised to gain significant momentum through 2030 due to the increasing utilization of donor corneas in corneal transplantation procedures.

North America corneal implants market drive revenues of over USD 190 million in 2021 and is likely to depict a noticeable CAGR from 2022 to 2030 on account of the increasing elderly population and the prevalence of several chronic diseases such as diabetes.

Major players in the corneal implants industry include AJL Ophthalmic SA (Intacs), Alabama Eye Bank, Alcon Inc., Aurolab, CorNeat Vision Ltd., CorneaGen, DIPOTEX, Florida Lions Eye Bank, Keramed, Inc., Massachusetts Eye, and Ear, Mediphacos, Microkpro Medical, and Presbia PLC.