Intraocular lens (IOL) is a lens implanted in the eye used to treat cataracts or myopia. The most common type of IOL is the pseudophakic IOL. These are implanted during cataract surgery, after the cloudy crystalline lens (otherwise known as a cataract) has been removed. The pseudophakic IOL replaces the original crystalline lens, and provides the light focusing function originally undertaken by the crystalline lens. The second type of IOL, more commonly known as a phakic intraocular lens (PIOL), is a lens which is placed over the existing natural lens, and is used in refractive surgery to change the eye's optical power as a treatment for myopia, or nearsightedness. IOL usually consist of a small plastic lens with plastic side struts, called haptics, to hold the lens in place within the capsular bag inside the eye. IOL were conventionally made of an inflexible material (PMMA), although this has largely been superseded by the use of flexible materials. Most IOL fitted today are fixed monofocal lenses matched to distance vision. However, other types are available, such as multifocal IOL which provide the patient with multiple-focused vision at far and reading distance, and adaptive IOL which provide the patient with limited visual accommodation.
With the aging of the population, IOL market demand will increase. In the most populous countries like China and India, there are many people suffering from cataracts. In the United States almost every cataract patients would choose surgery. However, in developing countries this percentage is much smaller. With the improvement of the economic level, developing countries will be an important market in the future

According to this study, over the next five years the Intraocular Lens (IOL) market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 4450 million by 2024, from US$ 3460 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Intraocular Lens (IOL) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Intraocular Lens (IOL) market by product type, application, key manufacturers and key regions and countries.

This study considers the Intraocular Lens (IOL) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Non-foldable lenses
Foldable Intraocular Lens
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hydrophilic
Hydrophobic

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ALCON
AMO(Abbott)
Bausch + Lomb
HOYA
CARL Zeiss
Ophtec
Rayner
STAAR
Lenstec
HumanOptics
Biotech Visioncare
Omni Lens Pvt Ltd
Aurolab
SAV-IOL
Eagle Optics
SIFI Medtech
Physiol

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Intraocular Lens (IOL) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Intraocular Lens (IOL) market by identifying its various subsegments.
Focuses on the key global Intraocular Lens (IOL) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Intraocular Lens (IOL) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Intraocular Lens (IOL) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.