Global Aphakia Market, By Type (Primary, Secondary), Cause (Congenital Aphakia, Surgical Aphakia, Acquired Aphakia), Treatment (Spectacles, Contact Lenses, Intraocular Lens Implantation, Refractive Surgery, Others), End Users (Hospitals, Ophthalmic Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The aphakia market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 10.40% in the above mentioned forecast period.
Aphakia generally describes the deficiency or dislocation of the crystalline eye lens. It usually occurs due to the presence of diseases such as trauma and congenital conditions or after the surgery for cataract removal.
The rapid development of healthcare sector is amongst the significant factors expected to fuel the growth and demand of aphakia market. In addition, the rapid increase in the geriatric population, rise in prevalence of trauma and large number of accident and high demand for the better treatment of the ophthalmic diseases are also anticipated to push the growth in the global aphakia market over the forecast period of 2021 to 2028. Likewise, the rise in government support for research and development and increase in patient pool are also projected to lift the growth of the market. Furthermore, the rapid rise in the diabetic population across the globe and strong presence of rapidly growing economy are also expected to act as significant factors which will flourish the growth of the aphakia market.
The rapid technological advancement, rise in in the funds in healthcare sector and high demand for treatment of the ophthalmic disease are expected to offer significant growth opportunities for the aphakia market in the forecast period of 2021 to 2028.
However, the high expensive of the surgeries and less treatment availability in the market are estimated to limit the growth of the aphakia market, whereas, the presence of limited number of professionals can challenge the growth of the aphakia market.
This aphakia market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aphakia market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aphakia Market Scope and Market Size
The aphakia market is segmented on the basis of type, cause, treatment and end users. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The type segment of the aphakia market is segmented into primary and secondary.
- On the basis of cause, the aphakia market is segmented into congenital aphakia, surgical aphakia and acquired aphakia. Acquired aphakia has further been segmented into traumatic extrusion, posterior dislocation, couching and other.
- On the basis of treatment, the aphakia market is segmented into spectacles, contact lenses, intraocular lens implantation, refractive surgery and others. Spectacles have further been segmented into +10D, +3-4D and other. Refractive surgery has further been segmented into keratophakia, epikeratophakia and hyperopic LASIK.
- Based on end users, the aphakia market is segmented into hospitals, ophthalmic clinics and others.
Aphakia Market Country Level Analysis
The aphakia market is analyzed and market size insights and trends are provided by country, type, cause, treatment and end users as referenced above.
The countries covered in the aphakia market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the aphakia market owing to the rise in prevalence of people with aphakia, well-developed technology, large diabetic population and increase in government support for research and development. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the strong presence of rapidly growing economy, large patient pool, and increase in prevalence of ophthalmic diseases as well as rapid rise in geriatric population.
The country section of the aphakia market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The aphakia market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for aphakia market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the aphakia market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Aphakia Market Share Analysis
The aphakia market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aphakia market.
The major players covered in the aphakia market report are Johnson & Johnson Services, Inc., Ophtec BV, Novartis AG, Bausch Health, ZEISS International, Rayner Intraocular Lenses Limited, Aetna Inc., CooperVision, Menicon Co., Ltd., Labtician Ophthalmics, Inc., Artificial Eye Co., Allergan, Abbott, UltraVision CLPL, Alcon Inc., Bausch & Lomb Incorporated, ESSILOR VISION FOUNDATION AUSTRALIA PTY LIMITED, Contamac, SynergEyes and Solótica Indústria e Comércio Ltda among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.