Global Corneal Transplant Market, By Type (Penetrating Keratoplasty, Endothelial Keratoplasty, Descemet Stripping Automated Endothelial Keratoplasty (DSAEK), Corneal Graft, Corneal Limbal Stem Cell Transplant, Others), Indication (Fungal Corneal Ulcer, Bullous Keratopathy, Keratoconus, Keratitis, Corneal Stromal Dystrophies, Others), End User (Hospitals, Eye 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 corneal transplant market is expected to witness market growth at a rate of 7.23% in the forecast period of 2021 to 2028 and is expected to reach USD 672.50 million by 2028. Data Bridge Market Research report on corneal transplant market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing incidences of eye sight related problem is escalating the growth of corneal transplant market.
Corneal transplant refers to a procedure for the replacement of damaged or diseased cornea which may be due to eye injury or eye disease. Penetrating keratoplasty (full thickness cornea transplant) and endothelial keratoplasty (back layer cornea transplant) are the two major types of transplants performed globally. When the diseased cornea leads to blurred vision, it means corneal transplant is required.
The growing prevalence of ophthalmic diseases such as keratoconus, infectious keratitis and Fuchs dystrophy act as one of the major factors driving the growth of corneal transplant market. Approximately 10-15% of the patients diagnosed with keratoconus are advised to approximately 10-15% of the patients diagnosed with keratoconus, according to NCBI report and corneal blindness being one of the prominent conditions affecting large number of people across the globe accelerate the corneal transplant market growth. The growing demand for minimally invasive surgical procedure among consumers and rise in awareness regarding corneal transplants that provide aesthetic benefits further influence the corneal transplant market. Additionally, growing geriatric population, advantages associated with minimally invasive treatment, large gap between the demand and supply of corneal implant, increase in investment and surge in healthcare expenditure positively affects the corneal transplant market. Furthermore, technological advancements in the treatment facilities extend profitable opportunity to the corneal transplant market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the treatment and shortage of donor material globally is the factors expected to obstruct the corneal transplant market growth. The rise in concerns regarding the risks associated with corneal implants is projected to challenge the corneal transplant market in the forecast period of 2021-2028.
This corneal transplant 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 corneal transplant market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Corneal Transplant Market Scope and Market Size
The corneal transplant market is segmented on the basis of type, indication and end user. The growth amongst these segments will help you analyze meagre 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.
- On the basis of type, the corneal transplant market is segmented into penetrating keratoplasty, endothelial keratoplasty, descemet stripping automated endothelial keratoplasty (DSAEK), corneal graft, corneal limbal stem cell transplant and others.
- On the basis of indication, the corneal transplant market is segmented into fungal corneal ulcer, bullous keratopathy, keratoconus, keratitis, corneal stromal dystrophies and others.
- On the basis of end user, the corneal transplant market is segmented into hospitals, eye clinics and others.
Global Corneal Transplant Market Country Level Analysis
The corneal transplant market is analyzed and market size insights and trends are provided by country, type, indication and end user as referenced above.
The countries covered in the corneal transplant market report are the 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.
Europe dominates the corneal transplant market because of the availability of a number of treatment options and prevention strategy, government emphasis on organ donation policies, prevalence of diabetes and rising influence of organ donation programs. North America is considered as the second largest market owning to the rising prevalence of eye diseases and vision impairment, prevalence of diseases such as cataract, diabetic retinopathy and glaucoma among others and increasing demand for corneal transplant surgery. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the increasing prevalence of chronic diseases such as diabetes, diabetic retinopathy and obesity and availability of qualitative eye care treatment and skilled medical professionals in the region.
The country section of the corneal transplant 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 corneal transplant 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 corneal transplant market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the corneal transplant market. The data is available for historic period 2011-2019.
Competitive Landscape and Corneal Transplant Market Share Analysis
The corneal transplant 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 corneal transplant market.
The major players covered in the corneal transplant market report are CryoLife, Inc., Exactech, Inc., Kohler GmbH, Lifeline Scientific, AbbVie Inc., Medtronic, Organogenesis Inc., Alabama Eye Bank, Alcon, Florida Lions Eye Bank, Presbia PLC, San Diego Eye Bank, CorNeat Vision, Aurolab, DIPROTEX, KERAMED, INC., Ophthalmic S.A., Massachusetts Eye and Ear, Aurolab, CorneaGen 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.