The Asia Pacific Corneal Implants Market would witness market growth of 7.2% CAGR during the forecast period (2023-2029).
Healthcare professionals foresee a growth in its use in the near future, given that it is a one-day procedure and that the price of corneal eyesight is dropping. In addition, in the next ten years, it is anticipated that a number of financing initiatives, including both public and private funding, will increase the use of corneal implants. In the last ten years, intra-corneal ring segments for keratoconus have become a safe and effective alternative to previous surgical procedures because of shorter waiting periods, lower costs, fewer infection risks, and higher nurse-to-patient ratios.
Long-term industrial growth is anticipated to be aided by the supply-demand mismatch. Several campaigns raising awareness of the value of corneal donations also support the industry's expansion. Furthermore, in order to fulfill the rising demand for corneal grafts, several nations in certain regions are implementing an "opt-out" policy for organ donation. Stakeholder interest is growing in a number of areas, including stem cell therapy, bioengineered cornea, and 3D-printed cornea.
Additionally, it is anticipated that during the projected period, a favorable reimbursement scenario, manufacturers' increased focus on creating new products, and the planned launch of new products in the next few years would drive market expansion. A significant demand for collagen-based bio-engineered artificial corneas can be attributed to their benefits, including affordability, biocompatibility, and increased safety and efficacy. As a result, manufacturers' attention to creating and introducing new items has increased.
In Japan, there were reportedly 1.64 million visually impaired individuals in 2007. It was believed that 187,800 of them were blind. In Japan, the prevalence of vision impairment rose with age, and half of those affected were 70 or older. Visual impairment was predicted to affect 2.0% of the population by 2050, up from 1.3% in 2007. The cases of vision impairment due to various diseases like corneal disorder are expected to increase the requirement for treatment options like corneal implants to improve the patient's vision and therefore provide growth opportunities for the corneal implants market in the region.
The China market dominated the Asia Pacific Corneal Implants Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $43.2 million by 2029. The Japan market is estimated to grow a CAGR of 6.6% during (2023 - 2029). Additionally, The India market would exhibit a CAGR of 7.9% during (2023 - 2029).
Based on Disease Type, the market is segmented into Fuchs' Dystrophy, Keratoconus, Infectious Keratitis and Others. Based on Procedure Type, the market is segmented into Penetrating Keratoplasty, Endothelial Keratoplasty, and Others. Based on End User, the market is segmented into Hospitals, Ophthalmic Centers and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Corneal Implants Market is Projected to reach USD 595.1 Million by 2029, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Presbia PLC, CorNeat Vision Ltd., Alcon, Inc., AJL Opthalmic SA, LinkoCare Life Sciences AB, CorneaGen, DIOPTEX GmbH, Mediphacos Industrias Medicas S.A., EyeYon Medical Ltd., and KeraMed, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Disease Type
- Fuchs' Dystrophy
- Keratoconus
- Infectious Keratitis
- Others
By Procedure Type
- Penetrating Keratoplasty
- Endothelial Keratoplasty
- Others
By End User
- Hospitals
- Ophthalmic Centers
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Presbia PLC
- CorNeat Vision Ltd.
- Alcon, Inc.
- AJL Opthalmic SA
- LinkoCare Life Sciences AB
- CorneaGen
- DIOPTEX GmbH
- Mediphacos Industrias Medicas S.A.
- EyeYon Medical Ltd.
- KeraMed, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Corneal Implants Market, by Disease Type
1.4.2 Asia Pacific Corneal Implants Market, by Procedure Type
1.4.3 Asia Pacific Corneal Implants Market, by End User
1.4.4 Asia Pacific Corneal Implants Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Corneal implants Market
Chapter 4. Asia Pacific Corneal Implants Market by Disease Type
4.1 Asia Pacific Fuchs' Dystrophy Market by Country
4.2 Asia Pacific Keratoconus Market by Country
4.3 Asia Pacific Infectious Keratitis Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Corneal Implants Market by Procedure Type
5.1 Asia Pacific Penetrating Keratoplasty Market by Country
5.2 Asia Pacific Endothelial Keratoplasty Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Corneal Implants Market by End User
6.1 Asia Pacific Hospitals Market by Country
6.2 Asia Pacific Ophthalmic Centers Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Corneal Implants Market by Country
7.1 China Corneal Implants Market
7.1.1 China Corneal Implants Market by Disease Type
7.1.2 China Corneal Implants Market by Procedure Type
7.1.3 China Corneal Implants Market by End User
7.2 Japan Corneal Implants Market
7.2.1 Japan Corneal Implants Market by Disease Type
7.2.2 Japan Corneal Implants Market by Procedure Type
7.2.3 Japan Corneal Implants Market by End User
7.3 India Corneal Implants Market
7.3.1 India Corneal Implants Market by Disease Type
7.3.2 India Corneal Implants Market by Procedure Type
7.3.3 India Corneal Implants Market by End User
7.4 South Korea Corneal Implants Market
7.4.1 South Korea Corneal Implants Market by Disease Type
7.4.2 South Korea Corneal Implants Market by Procedure Type
7.4.3 South Korea Corneal Implants Market by End User
7.5 Singapore Corneal Implants Market
7.5.1 Singapore Corneal Implants Market by Disease Type
7.5.2 Singapore Corneal Implants Market by Procedure Type
7.5.3 Singapore Corneal Implants Market by End User
7.6 Malaysia Corneal Implants Market
7.6.1 Malaysia Corneal Implants Market by Disease Type
7.6.2 Malaysia Corneal Implants Market by Procedure Type
7.6.3 Malaysia Corneal Implants Market by End User
7.7 Rest of Asia Pacific Corneal Implants Market
7.7.1 Rest of Asia Pacific Corneal Implants Market by Disease Type
7.7.2 Rest of Asia Pacific Corneal Implants Market by Procedure Type
7.7.3 Rest of Asia Pacific Corneal Implants Market by End User
Chapter 8. Company Profiles
8.1 Alcon, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.2 CorneaGen
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.2.2.3 Acquisition and Mergers:
8.3 CorNeat Vision Ltd.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.4 EyeYon Medical Ltd.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Trials and Approvals:
8.5 Presbia PLC
8.5.1 Company Overview
8.6 AJL Ophthalmic S.A.
8.6.1 Company Overview
8.7 LinkoCare Life Sciences AB
8.7.1 Company Overview
8.8 KeraMed, Inc.
8.8.1 Company Overview
8.9 DIOPTEX GmbH
8.9.1 Company Overview
8.10. Mediphacos Indústrias Médicas S.A.
8.10.1 Company Overview
TABLE 1 Asia Pacific Corneal Implants Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Corneal Implants Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Fuchs' Dystrophy Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Fuchs' Dystrophy Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Keratoconus Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Keratoconus Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Infectious Keratitis Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Infectious Keratitis Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Penetrating Keratoplasty Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Penetrating Keratoplasty Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Endothelial Keratoplasty Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Endothelial Keratoplasty Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Ophthalmic Centers Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Ophthalmic Centers Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Corneal Implants Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Corneal Implants Market by Country, 2023 - 2029, USD Million
TABLE 31 China Corneal Implants Market, 2019 - 2022, USD Million
TABLE 32 China Corneal Implants Market, 2023 - 2029, USD Million
TABLE 33 China Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 34 China Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 35 China Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 36 China Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 37 China Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 38 China Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 39 Japan Corneal Implants Market, 2019 - 2022, USD Million
TABLE 40 Japan Corneal Implants Market, 2023 - 2029, USD Million
TABLE 41 Japan Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 42 Japan Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 43 Japan Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 44 Japan Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 45 Japan Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 46 Japan Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 47 India Corneal Implants Market, 2019 - 2022, USD Million
TABLE 48 India Corneal Implants Market, 2023 - 2029, USD Million
TABLE 49 India Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 50 India Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 51 India Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 52 India Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 53 India Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 54 India Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 55 South Korea Corneal Implants Market, 2019 - 2022, USD Million
TABLE 56 South Korea Corneal Implants Market, 2023 - 2029, USD Million
TABLE 57 South Korea Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 58 South Korea Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 59 South Korea Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 60 South Korea Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 61 South Korea Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 62 South Korea Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 63 Singapore Corneal Implants Market, 2019 - 2022, USD Million
TABLE 64 Singapore Corneal Implants Market, 2023 - 2029, USD Million
TABLE 65 Singapore Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 66 Singapore Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 67 Singapore Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 68 Singapore Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 69 Singapore Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 70 Singapore Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 71 Malaysia Corneal Implants Market, 2019 - 2022, USD Million
TABLE 72 Malaysia Corneal Implants Market, 2023 - 2029, USD Million
TABLE 73 Malaysia Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 74 Malaysia Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 75 Malaysia Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 76 Malaysia Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 77 Malaysia Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 78 Malaysia Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 79 Rest of Asia Pacific Corneal Implants Market, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific Corneal Implants Market, 2023 - 2029, USD Million
TABLE 81 Rest of Asia Pacific Corneal Implants Market by Disease Type, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Corneal Implants Market by Disease Type, 2023 - 2029, USD Million
TABLE 83 Rest of Asia Pacific Corneal Implants Market by Procedure Type, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Corneal Implants Market by Procedure Type, 2023 - 2029, USD Million
TABLE 85 Rest of Asia Pacific Corneal Implants Market by End User, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Corneal Implants Market by End User, 2023 - 2029, USD Million
TABLE 87 key information – Alcon, Inc.
TABLE 88 Key Information – CorneaGen
TABLE 89 Key Information – CorNeat Vision Ltd.
TABLE 90 Key Information – EyeYon Medical Ltd.
TABLE 91 Key Information – Presbia PLC
TABLE 92 Key Information – AJL Ophthalmic S.A.
TABLE 93 Key Information – LinkoCare Life Sciences AB
TABLE 94 Key Information – KeraMed, Inc.
TABLE 95 Key Information – DIOPTEX GmbH
TABLE 96 Key Information – Mediphacos Indústrias Médicas S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: CorneaGen