Pune, India -- (SBWIRE) -- 06/05/2018 -- An intraocular lens is an implantation that is made inside the eye of the patient, which is an artificial lens. The lens is a minute artificial lens used to replace the eye's natural lens that is removed during the cataract surgery, this lens is called as an intraocular lens (IOL). At the point when the natural lens of the eye is removed, it loses the capacity to focus on any object. Various premium lenses have been approved by U.S. Food and Drug Administration (FDA) for use by cataract surgeons. The Global Intraocular Lens Market was valued at USD 3,450.0 Mn in 2017 and is expected to reach US$ 4,509.0 Mn by 2022.

Top Key Vendors: Abbott Medical Optics Inc., Adoptics AG, AkkoLens International BV, Alcon, Inc., Anew Optics, Inc., Bausch & Lomb Inc., Calhoun Vision, Inc., Clarvista Medical, Inc., Elenza, Inc., Eye4Vision Ophthalmics International and EyeKon Medical Inc. amongst others

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Due to increase in occurrences and frequency of cataracts and other age-related eye disorders, there is an increasing demand for the lenses. According to the World Health Organization, cataract is a major global concern, which is the leading cause of visual impairment. Increase in prevalence of cataract has increased the demand for intraocular lens globally. According to the Vision Council, around 76.2% grown-ups in the U.S. underwent vision correction surgery in 2015, and roughly 22.1% of the grown-ups expressed that they need vision correction.

The report provides both, qualitative and quantitative research of the market, as well as strategic insights along with developments that are being adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers and acquisition (M&A), affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their manufacturing base, competitors, product type, application and specification, pricing, and gross margin.

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The best thing about this determinate studying report is that the significance and presentation of this market have been ordered. Also, unique market influences and managing criteria have been upheld in the report. The Intraocular Lens Market report examines this market on the basis of its market sections, major geographies, and present-day market patterns. Geographies considered in this research report are North America, Asia Pacific, Europe, Latin America and the Middle East and Africa.

In the last sections of the report, the companies responsible for increasing the sales in the Intraocular Lens Market has been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.