DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c78ef5/intraocular_lens) has announced the addition of GlobalData's new report "Intraocular Lens (IOL) - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017" to their offering.
GlobalData's new report, Intraocular Lens (IOL) - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017 provides key data, information and analysis on the global IOL market.
Market Highlights:
The Global Intraocular Lens Market is Forecast to Reach $3.1 Billion by 2017
The global Intraocular Lens (IOL) market was valued at $2.4 billion in 2010 and is forecast to reach $3.1 billion by 2017, with a Compound Annual Growth Rate (CAGR) of 4%. Growth in the market is expected to be driven by an increase in the prevalence of cataracts in the aging global population; an increase in risk factors such as diabetes; a rise in the adoption of premium IOLs such as multifocal IOLs, accommodating IOLs and toric IOLs; and technological enhancements such as microincision cataract surgery.
High Prevalence of Cataracts in the Global Aging Population to Generate Demand for Intraocular Lenses:
The high prevalence of cataracts, particularly in the elderly population, will lead to an increase in the number of cataract surgeries performed. In turn, this will generate demand for IOLs. According to the World Health Organization (WHO), the number of cataract surgeries performed in 2010 is estimated to be 20 million, and this is expected to reach 32 million by 2020. In India, over five million cataract surgeries are performed per annum, which is the highest in the world. In the US, an estimated three million cataract surgeries are performed per annum, followed by 0.8 million per annum in Germany and 0.5 million per annum in France.
Scope:
- Key geographies covered include the US, Canada, the UK, Germany, France, Italy, Spain, Japan, China, India, Australia, and Brazil.
- Key segments covered include Foldable IOL and Poly Methyl Metha Acrylate (PMMA) IOL.
- Annualized market revenues data from 2003 to 2010, forecast forward for seven years to 2017. Company shares data for 2010.
- Qualitative analysis of key market trends, market drivers, and restraints within the IOL market.
- The report also covers information on the leading market players, the competitive landscape, and the leading pipeline products and technologies.
- Key players covered include Alcon, Inc., Abbott Medical Optics, Inc., Bausch & Lomb Incorporated and HOYA Corporation.
Reasons to Buy:
- Develop business strategies by understanding the trends and developments that are driving the IOL market globally.
- Design and develop your product development, marketing and sales strategies.
- Identify key players best positioned to take advantage of the emerging market opportunities.
- Exploit in-licensing and out-licensing opportunities.
- Make more informed business decisions.
For more information visit http://www.researchandmarkets.com/research/c78ef5/intraocular_lens