The Latin America, Middle East and Africa Intraocular Lens Market would witness market growth of 7.2% CAGR during the forecast period (2021-2027).
The front face of traditional intraocular lenses is consistently curved from the lens's center to its perimeter, resulting in a spherical optical design. However a spherical IOL is simple to make, it does not replicate the form of the natural lens within the eye, which has a varying curvature from center to periphery. In other words, the normal lens of the eye is aspheric ("not spherical"). Higher-order aberrations (HOAs) are tiny optical flaws caused by a spherical intraocular lens that can impact vision quality, especially in low-light situations like driving at night.
Premium aspheric IOLs, on the other hand, are designed to mimic the form and optical quality of the eye's original lens as precisely as possible, resulting in clearer vision — notably in low light and for persons with big pupils.
Since its inception in the mid-2000s, presbyopia-correcting intraocular lens (IOL) technology has progressed. Since then, the number of novel lenses available to surgeons has steadily increased, making it easier for them to aid their patients. These lenses may not always give great and repeatable uncorrected close, mid, and distant vision in all individuals, based on the lens design. Increased depth of focus, trifocal, and unique combination optics lenses are some of the most recent advancements in presbyopia-correcting lenses. In Latin America, the Middle East, and Africa, increased government efforts to enhance the cataract surgical rate (CSR), a growing number of ophthalmologists, and fast use of teleophthalmology are expected to boost intraocular lens market share.
The ophthalmological equipment market in the Middle East and Africa is largely controlled by private sector efforts in the UAE and significant healthcare spending in emerging African nations like Malawi.
The Brazil market dominated the LAMEA Intraocular Lens Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $105.8 Million by 2027. The Argentina market is estimated to grow at a CAGR of 7.8% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 6.9% during (2021 - 2027).
Based on End-use, the market is segmented into Hospitals, Ophthalmic Clinics, Eye Research Institutes, and Ambulatory Surgery Centers. Based on Product, the market is segmented into Multifocal, Monofocal, Toric, and Accommodative. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Intraocular Lens Market is Predict to reach $5.1 Billion by 2027, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include EyeKon Medical, Inc., Lenstec, Inc., HumanOptics AG, STAAR Surgical Company, Rayner Intraocular Lenses Limited, Bausch Health Companies, Inc., Carl Zeiss AG, Johnson & Johnson (Johnson & Johnson Vision Care, Inc.), Hoya Corporation, and Alcon, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End-Use
- Hospitals
- Ophthalmic Clinics
- Eye Research Institutes
- Ambulatory Surgery Centers
By Product
- Multifocal
- Monofocal
- Toric
- Accommodative
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- EyeKon Medical, Inc.
- Lenstec, Inc.
- HumanOptics AG
- STAAR Surgical Company
- Rayner Intraocular Lenses Limited
- Bausch Health Companies, Inc.
- Carl Zeiss AG
- Johnson & Johnson (Johnson & Johnson Vision Care, Inc.)
- Hoya Corporation
- Alcon, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Intraocular Lens Market, by End-Use
1.4.2 LAMEA Intraocular Lens Market, by Product
1.4.3 LAMEA Intraocular Lens 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 and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Intraocular Lens Market
Chapter 4. LAMEA Intraocular Lens Market by End-use
4.1 LAMEA Hospitals Market by Country
4.2 LAMEA Ophthalmic Clinics Market by Country
4.3 LAMEA Eye Research Institutes Market by Country
4.4 LAMEA Ambulatory Surgery Centers Market by Country
Chapter 5. LAMEA Intraocular Lens Market by Product
5.1 LAMEA Multifocal Market by Country
5.2 LAMEA Monofocal Market by Country
5.3 LAMEA Toric Market by Country
5.4 LAMEA Accommodative Market by Country
Chapter 6. LAMEA Intraocular Lens Market by Country
6.1 Brazil Intraocular Lens Market
6.1.1 Brazil Intraocular Lens Market by End-use
6.1.2 Brazil Intraocular Lens Market by Product
6.2 Argentina Intraocular Lens Market
6.2.1 Argentina Intraocular Lens Market by End-use
6.2.2 Argentina Intraocular Lens Market by Product
6.3 UAE Intraocular Lens Market
6.3.1 UAE Intraocular Lens Market by End-use
6.3.2 UAE Intraocular Lens Market by Product
6.4 Saudi Arabia Intraocular Lens Market
6.4.1 Saudi Arabia Intraocular Lens Market by End-use
6.4.2 Saudi Arabia Intraocular Lens Market by Product
6.5 South Africa Intraocular Lens Market
6.5.1 South Africa Intraocular Lens Market by End-use
6.5.2 South Africa Intraocular Lens Market by Product
6.6 Nigeria Intraocular Lens Market
6.6.1 Nigeria Intraocular Lens Market by End-use
6.6.2 Nigeria Intraocular Lens Market by Product
6.7 Rest of LAMEA Intraocular Lens Market
6.7.1 Rest of LAMEA Intraocular Lens Market by End-use
6.7.2 Rest of LAMEA Intraocular Lens Market by Product
Chapter 7. Company Profiles
7.1 EyeKon Medical, Inc.
7.1.1 Company Overview
7.2 Lenstec, Inc.
7.2.1 Company Overview
7.3 HumanOptics Holding AG
7.3.1 Company Overview
7.4 STAAR Surgical Company
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expenses
7.5 Rayner Intraocular Lenses Limited
7.5.1 Company Overview
7.5.2 Recent Strategies and Developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Bausch Health Companies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent Strategies and Developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Carl Zeiss AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional & Segmental Analysis
7.7.4 Research & Development Expense
7.8 Johnson & Johnson (Johnson & Johnson Vision Care, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental &Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent Strategies and Developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Hoya Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental &Regional Analysis
7.9.4 Research & Development Expenses
7.10. Alcon, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent Strategies and Developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Product Launches and Product Expansions:
TABLE 1 LAMEA Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 4 LAMEA Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 5 LAMEA Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Ophthalmic Clinics Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Ophthalmic Clinics Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Eye Research Institutes Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Eye Research Institutes Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Ambulatory Surgery Centers Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Ambulatory Surgery Centers Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 14 LAMEA Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 15 LAMEA Multifocal Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Multifocal Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Monofocal Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Monofocal Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Toric Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Toric Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Accommodative Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Accommodative Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Intraocular Lens Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Intraocular Lens Market by Country, 2021 - 2027, USD Million
TABLE 25 Brazil Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 26 Brazil Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 27 Brazil Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 28 Brazil Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 29 Brazil Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 30 Brazil Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 31 Argentina Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 32 Argentina Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 33 Argentina Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 34 Argentina Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 35 Argentina Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 36 Argentina Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 37 UAE Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 38 UAE Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 39 UAE Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 40 UAE Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 41 UAE Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 42 UAE Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 43 Saudi Arabia Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 44 Saudi Arabia Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 45 Saudi Arabia Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 46 Saudi Arabia Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 47 Saudi Arabia Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 48 Saudi Arabia Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 49 South Africa Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 50 South Africa Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 51 South Africa Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 52 South Africa Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 53 South Africa Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 54 South Africa Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 55 Nigeria Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 56 Nigeria Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 57 Nigeria Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 58 Nigeria Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 59 Nigeria Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 60 Nigeria Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 61 Rest of LAMEA Intraocular Lens Market, 2017 - 2020, USD Million
TABLE 62 Rest of LAMEA Intraocular Lens Market, 2021 - 2027, USD Million
TABLE 63 Rest of LAMEA Intraocular Lens Market by End-use, 2017 - 2020, USD Million
TABLE 64 Rest of LAMEA Intraocular Lens Market by End-use, 2021 - 2027, USD Million
TABLE 65 Rest of LAMEA Intraocular Lens Market by Product, 2017 - 2020, USD Million
TABLE 66 Rest of LAMEA Intraocular Lens Market by Product, 2021 - 2027, USD Million
TABLE 67 key information – EyeKon Medical, Inc.
TABLE 68 Key Information – Lenstec, Inc.
TABLE 69 Key Information – HumanOptics Holding AG
TABLE 70 Key Information – STAAR Surgical Company
TABLE 71 Key information – Rayner Intraocular Lenses Limited
TABLE 72 key information – Bausch Health Companies, Inc.
TABLE 73 Key Information – Carl Zeiss AG
TABLE 74 Key information –Johnson & Johnson
TABLE 75 Key Information – Hoya Corporation
TABLE 76 key information – Alcon, Inc.
List of Figures
FIG 1 Methodology for the research