The knowledge of Market definition, Classifications, Applications and Market trends can make a huge a difference in the Aphakia Market. The Market is changing because of the key players and brands which make moves like developments, product launches, joint ventures, merges and accusations that in turns changes the view of the global face of Medical Devices Industry.
This report contains all the market drivers and restrains that are derived using SWOT analysis, while all the way explaining what the market definition, classifications, applications and market trends are. The report also has the CAGR values for the historic years 2016 base year 2017 and forecast for the years 2018-2025.
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The absence or dislocation of the crystalline eye lens is termed as Aphakia. It is the mostly occurs due to the presence of diseases such as trauma and congenital conditions or after surgery for cataract removal. Increasing prevalence of diseases such as diabetes & trauma and increasing number of accident have boosted the market growth of the aphakia.
Global Aphakia Market accounted to grow at a CAGR of 9.4% during the forecast period of 2018 to 2025. The new market report contains data for historic years , the base year of calculation is 2017 and the forecast period is 2018 to 2025. The report includes market shares of global aphakia market for global, Europe, North America, Asia Pacific and South America.
Market Key Competitors:
- Johnson & Johnson Services, Inc.
- Ophtec BV
- Novartis
- Valeant
- ZEISS International
- Rayner, Bohus BioTech AB
- Lifecore Biomedical
- Aetna Inc.
- The Cooper Companies Inc.
- Menicon Co., Ltd.
- Labtician Ophthalmics, Inc.
- Artificial Eye Co.
- Contact Fill
- ALLERGAN
- MJS Lens Technology Ltd.
- Alsanza Medizintechnik und Pharma GmbH.
- Abbott and UltraVision CLPL
The global aphakia market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
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Market Drivers and Restraints:
- Increasing demand for treatment of the ophthalmic diseases.
- Rapid development in healthcare sector.
- Increased geriatric population.
- Expensive surgeries.
- Less treatment availability hampers the market.
Aphakia Market Segments:
On the basis of cause, the market is segmented into :
- congenital aphakia,
- surgical aphakia,
- acquired aphakia
- and others.
Acquired aphakia is further segmented into traumatic extrusion, posterior dislocation, couching and other.
On the basis of treatment, the market is segmented into :
- spectacles,
- contact lenses,
- intraocular lens implantation,
- refractive surgery
- and others.
The spectacles are further segmented into +10D, +3-4D, and other. Refractive surgery is further segmented into keratophakia, epikeratophakia and hyperopic LASIK.
On the basis of end user, the market is segmented into:
- hospitals,
- ophthalmic clinics
- and others.
On the basis of geography, global aphakia market report covers data points for 28 countries across multiple geographies such as:
- North America
- South America,
- Europe,
- Asia-Pacific,
- Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
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