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Global Intraocular Lens (IOL) Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 210
  • CATEGORY
  • Healthcare & Life Sciences

In 2021, the market for Intraocular Lens (IOL) worldwide was worth $4.5 billion US dollars. AMR Group projects that the market will reach US$ 6.7 billion by 2031, growing at a CAGR of 5.2 percent between 2022 and 2031.

Industry Overview

An Intraocular Lens (IOL) is an artificial lens that is implanted inside the eye to replace the natural lens that has been removed during cataract surgery or to correct vision problems. The IOL is a small, clear plastic or silicone lens that is placed behind the iris, in the same position as the natural lens. The IOLs come in different sizes, shapes, and materials, depending on the patient's individual needs and preferences. IOLs can correct various vision problems such as nearsightedness, farsightedness, and astigmatism. There are two main types of IOLs: monofocal and multifocal. Monofocal IOLs have a single focus and are used to correct either nearsightedness or farsightedness. Multifocal IOLs, on the other hand, have multiple focal points and can provide clear vision at multiple distances, eliminating the need for glasses or contacts. IOLs have revolutionized cataract surgery and vision correction, allowing patients to regain clear vision and improve their quality of life. With advances in technology, newer IOLs have been developed that can correct higher levels of astigmatism and provide better vision outcomes for patients with other eye conditions.

Market Dynamics

The global intraocular lens (IOL) market is driven by several factors, including:

Rising Prevalence of Cataract: Cataract is a common eye disorder, and with the aging population, the prevalence of cataract is increasing. As a result, the demand for IOLs is also increasing as they are the standard treatment for cataract.

Technological Advancements: With the advent of advanced technologies such as femtosecond lasers and wavefront analysis, the precision and accuracy of IOL implantation have improved, leading to better visual outcomes. Moreover, newer materials and designs for IOLs are being developed, improving the quality of vision and reducing the risk of complications.

Growing Demand for Premium IOLs: With an increasing number of patients wanting to reduce their dependence on glasses or contact lenses, the demand for premium IOLs such as multifocal and toric IOLs is rising. These IOLs provide a wider range of vision and reduce the need for glasses or contacts.

Increasing Healthcare Expenditure: The rise in healthcare expenditure, particularly in emerging economies, is expected to drive the demand for IOLs. Moreover, the availability of health insurance coverage for cataract surgery and other vision correction procedures is also expected to increase the demand for IOLs.

Favorable Reimbursement Policies: The availability of favorable reimbursement policies for cataract surgery and IOLs in many countries is driving the growth of the market.

However, the market also faces certain challenges such as:

High Cost of Premium IOLs: The high cost of premium IOLs, such as multifocal and toric IOLs, may limit their adoption, particularly in emerging economies where affordability is a concern.

Lack of Awareness: Lack of awareness about cataract and the availability of IOLs in some regions may limit the growth of the market.

COVID Impact

The COVID-19 pandemic has had a significant impact on the global intraocular lens (IOL) market. Here are some of the key impacts:

Delay in Elective Surgeries: The pandemic has led to a delay in elective surgeries, including cataract surgery, which has impacted the demand for IOLs. Many patients have postponed their cataract surgeries due to the fear of contracting the virus or due to the unavailability of healthcare facilities during the peak of the pandemic. Supply Chain Disruptions: The COVID-19 pandemic has disrupted global supply chains, leading to a shortage of raw materials and components needed for manufacturing IOLs. This has led to supply chain disruptions, production delays, and increased prices of raw materials. Reduced Patient Visits: The pandemic has led to a reduction in patient visits to hospitals and clinics, resulting in a decline in the number of cataract surgeries and IOL implantations. Many hospitals and clinics have also limited their services to emergency cases, further impacting the demand for IOLs. Shift towards Non-Elective Surgeries: As hospitals and clinics shifted their focus towards treating COVID-19 patients, the number of non-elective surgeries, such as emergency surgeries, increased. This has impacted the demand for IOLs as cataract surgery is considered an elective surgery.

Increased Focus on Safety Measures: The pandemic has led to an increased focus on safety measures, including the use of personal protective equipment (PPE) and enhanced sterilization protocols, during cataract surgery. This has increased the overall cost of cataract surgery, which may impact the demand for IOLs. Overall, the COVID-19 pandemic has had a significant impact on the intraocular lens market, with a decline in the number of cataract surgeries and IOL implantations due to the delay in elective surgeries and reduced patient visits. However, the market is expected to recover as healthcare facilities resume normal operations and patients regain confidence in seeking medical care.

Regional Trend

The global intraocular lens (IOL) market can be segmented by region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Here is a brief overview of the regional analysis:

North America: North America is expected to dominate the intraocular lens market due to the presence of a large number of key players, high healthcare expenditure, and a rising geriatric population. The United States is the largest market in the region due to the high prevalence of cataract and favorable reimbursement policies.

Europe: Europe is the second-largest market for IOLs and is driven by factors such as the rising prevalence of cataract and the increasing adoption of premium IOLs. Germany and France are the major markets in the region due to the high healthcare expenditure and favorable reimbursement policies.

Asia Pacific: The Asia Pacific region is expected to register the highest growth rate in the intraocular lens market due to the rising geriatric population, increasing healthcare expenditure, and the growing demand for advanced technologies. China and India are the largest markets in the region due to the large patient pool and increasing awareness about eye health.

Latin America: The intraocular lens market in Latin America is driven by factors such as the increasing prevalence of cataract and the availability of favorable reimbursement policies. Brazil and Mexico are the major markets in the region due to the high healthcare expenditure and the increasing adoption of premium IOLs.

Middle East & Africa: The intraocular lens market in the Middle East & Africa is driven by factors such as the rising prevalence of cataract and the increasing adoption of advanced technologies. The United Arab Emirates and Saudi Arabia are the major markets in the region due to the high healthcare expenditure and favorable reimbursement policies. Overall, the intraocular lens market is expected to grow in all regions due to the rising prevalence of cataract and the increasing demand for premium IOLs. However, the growth rate may vary depending on factors such as healthcare expenditure, reimbursement policies, and the adoption of advanced technologies.

Competitive Landscape

The intraocular lens (IOL) market is highly competitive, with several key players operating globally. Here are some of the leading players in the market:

Alcon Inc.: Alcon Inc. is a leading player in the intraocular lens market, offering a range of IOLs for cataract surgery, including AcrySof IQ, PanOptix, and Vivity.

Johnson & Johnson Vision: Johnson & Johnson Vision is a global leader in the IOL market, offering a range of premium IOLs, including Tecnis Symfony, Tecnis Multifocal, and Tecnis Toric.

Bausch + Lomb: Bausch + Lomb is a leading player in the IOL market, offering a range of IOLs for cataract surgery, including enVista, Crystalens, and SofPort.

Carl Zeiss Meditec AG: Carl Zeiss Meditec AG is a global leader in ophthalmic devices, offering a range of IOLs for cataract surgery, including AT LISA, AT TORBI, and CT ASPHINA.

HOYA Corporation: HOYA Corporation is a leading player in the IOL market, offering a range of premium IOLs, including Vivinex, Vivinex XT, and iSert.

Other notable players in the IOL market include Rayner, HumanOptics AG, STAAR Surgical Company, and PhysIOL SA. These key players focus on product innovation, research and development, strategic partnerships, and mergers and acquisitions to strengthen their market position. The market is expected to remain competitive due to the increasing demand for premium IOLs and the growing trend towards minimally invasive surgery.

Market Segmentation

The intraocular lens (IOL) market can be segmented based on product type, material type, end-user, and region. Here's a brief overview of each segment:

By Product Type: The IOL market can be segmented into monofocal lenses, multifocal lenses, toric lenses, and accommodating lenses. Monofocal lenses are the most commonly used IOLs and provide clear vision at a fixed distance, while multifocal lenses provide clear vision at multiple distances. Toric lenses are used to correct astigmatism, and accommodating lenses are designed to change shape and provide clear vision at different distances.

By Material Type: The IOL market can be segmented into hydrophobic, hydrophilic, and PMMA (polymethyl methacrylate) lenses. Hydrophobic lenses are the most commonly used IOLs and are made of a water-repellent material that reduces the risk of inflammation and infection. Hydrophilic lenses are made of a water-absorbing material that provides good stability and flexibility. PMMA lenses are rigid and less commonly used due to their limited flexibility.

By End-User: The IOL market can be segmented into hospitals, ophthalmic clinics, and ambulatory surgical centers (ASCs). Hospitals are the largest end-user of IOLs, due to the high volume of cataract surgeries performed in hospitals. Ophthalmic clinics and ASCs are also significant end-users of IOLs, due to their convenience and cost-effectiveness.

By Region: The IOL market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. As mentioned earlier, the market dynamics and competitive landscape vary by region. Overall, the market segmentation enables manufacturers to understand the different customer needs and preferences, which can help in developing targeted marketing strategies and designing products that meet the specific requirements of different customer segments.


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Intraocular Lens (IOL) market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Intraocular Lens (IOL) would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Intraocular Lens (IOL) Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Intraocular Lens (IOL) Revenue
1.4 Market Analysis by Type
1.4.1 Global Intraocular Lens (IOL) Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Non-foldable lenses
1.4.3 Foldable Intraocular Lens
1.5 Market by Application
1.5.1 Global Intraocular Lens (IOL) Market Share by Application: 2023-2032
1.5.2 Public hospitals
1.5.3 Private hospitals
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Intraocular Lens (IOL) Market
1.8.1 Global Intraocular Lens (IOL) Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Intraocular Lens (IOL) Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Intraocular Lens (IOL) Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Intraocular Lens (IOL) Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Intraocular Lens (IOL) Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Intraocular Lens (IOL) Sales Volume Market Share by Region (2017-2022)
3.2 Global Intraocular Lens (IOL) Sales Revenue Market Share by Region (2017-2022)
3.3 North America Intraocular Lens (IOL) Sales Volume
3.3.1 North America Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.3.2 North America Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Intraocular Lens (IOL) Sales Volume
3.4.1 East Asia Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Intraocular Lens (IOL) Sales Volume (2017-2022)
3.5.1 Europe Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Intraocular Lens (IOL) Sales Volume (2017-2022)
3.6.1 South Asia Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Intraocular Lens (IOL) Sales Volume (2017-2022)
3.7.1 Southeast Asia Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Intraocular Lens (IOL) Sales Volume (2017-2022)
3.8.1 Middle East Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Intraocular Lens (IOL) Sales Volume (2017-2022)
3.9.1 Africa Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Intraocular Lens (IOL) Sales Volume (2017-2022)
3.10.1 Oceania Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Intraocular Lens (IOL) Sales Volume (2017-2022)
3.11.1 South America Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.11.2 South America Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Intraocular Lens (IOL) Sales Volume (2017-2022)
3.12.1 Rest of the World Intraocular Lens (IOL) Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Intraocular Lens (IOL) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Intraocular Lens (IOL) Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Intraocular Lens (IOL) Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Intraocular Lens (IOL) Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Intraocular Lens (IOL) Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Intraocular Lens (IOL) Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Intraocular Lens (IOL) Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Intraocular Lens (IOL) Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Intraocular Lens (IOL) Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Intraocular Lens (IOL) Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Intraocular Lens (IOL) Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Intraocular Lens (IOL) Sales Volume Market Share by Type (2017-2022)
14.2 Global Intraocular Lens (IOL) Sales Revenue Market Share by Type (2017-2022)
14.3 Global Intraocular Lens (IOL) Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Intraocular Lens (IOL) Consumption Volume by Application (2017-2022)
15.2 Global Intraocular Lens (IOL) Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Intraocular Lens (IOL) Business
16.1 ALCON
16.1.1 ALCON Company Profile
16.1.2 ALCON Intraocular Lens (IOL) Product Specification
16.1.3 ALCON Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 AMO(Abbott)
16.2.1 AMO(Abbott) Company Profile
16.2.2 AMO(Abbott) Intraocular Lens (IOL) Product Specification
16.2.3 AMO(Abbott) Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Bausch + Lomb
16.3.1 Bausch + Lomb Company Profile
16.3.2 Bausch + Lomb Intraocular Lens (IOL) Product Specification
16.3.3 Bausch + Lomb Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 HOYA
16.4.1 HOYA Company Profile
16.4.2 HOYA Intraocular Lens (IOL) Product Specification
16.4.3 HOYA Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 CARL Zeiss
16.5.1 CARL Zeiss Company Profile
16.5.2 CARL Zeiss Intraocular Lens (IOL) Product Specification
16.5.3 CARL Zeiss Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Ophtec
16.6.1 Ophtec Company Profile
16.6.2 Ophtec Intraocular Lens (IOL) Product Specification
16.6.3 Ophtec Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Rayner
16.7.1 Rayner Company Profile
16.7.2 Rayner Intraocular Lens (IOL) Product Specification
16.7.3 Rayner Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 STAAR
16.8.1 STAAR Company Profile
16.8.2 STAAR Intraocular Lens (IOL) Product Specification
16.8.3 STAAR Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Lenstec
16.9.1 Lenstec Company Profile
16.9.2 Lenstec Intraocular Lens (IOL) Product Specification
16.9.3 Lenstec Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 HumanOptics
16.10.1 HumanOptics Company Profile
16.10.2 HumanOptics Intraocular Lens (IOL) Product Specification
16.10.3 HumanOptics Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Biotech Visioncare
16.11.1 Biotech Visioncare Company Profile
16.11.2 Biotech Visioncare Intraocular Lens (IOL) Product Specification
16.11.3 Biotech Visioncare Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Omni Lens Pvt Ltd
16.12.1 Omni Lens Pvt Ltd Company Profile
16.12.2 Omni Lens Pvt Ltd Intraocular Lens (IOL) Product Specification
16.12.3 Omni Lens Pvt Ltd Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Aurolab
16.13.1 Aurolab Company Profile
16.13.2 Aurolab Intraocular Lens (IOL) Product Specification
16.13.3 Aurolab Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 SAV-IOL
16.14.1 SAV-IOL Company Profile
16.14.2 SAV-IOL Intraocular Lens (IOL) Product Specification
16.14.3 SAV-IOL Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Eagle Optics
16.15.1 Eagle Optics Company Profile
16.15.2 Eagle Optics Intraocular Lens (IOL) Product Specification
16.15.3 Eagle Optics Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 SIFI Medtech
16.16.1 SIFI Medtech Company Profile
16.16.2 SIFI Medtech Intraocular Lens (IOL) Product Specification
16.16.3 SIFI Medtech Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Physiol
16.17.1 Physiol Company Profile
16.17.2 Physiol Intraocular Lens (IOL) Product Specification
16.17.3 Physiol Intraocular Lens (IOL) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Intraocular Lens (IOL) Manufacturing Cost Analysis
17.1 Intraocular Lens (IOL) Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Intraocular Lens (IOL)
17.4 Intraocular Lens (IOL) Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Intraocular Lens (IOL) Distributors List
18.3 Intraocular Lens (IOL) Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Intraocular Lens (IOL) (2023-2032)
20.2 Global Forecasted Revenue of Intraocular Lens (IOL) (2023-2032)
20.3 Global Forecasted Price of Intraocular Lens (IOL) (2017-2032)
20.4 Global Forecasted Production of Intraocular Lens (IOL) by Region (2023-2032)
20.4.1 North America Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.3 Europe Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.7 Africa Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.9 South America Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Intraocular Lens (IOL) Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Intraocular Lens (IOL) by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Intraocular Lens (IOL) by Country
21.2 East Asia Market Forecasted Consumption of Intraocular Lens (IOL) by Country
21.3 Europe Market Forecasted Consumption of Intraocular Lens (IOL) by Countriy
21.4 South Asia Forecasted Consumption of Intraocular Lens (IOL) by Country
21.5 Southeast Asia Forecasted Consumption of Intraocular Lens (IOL) by Country
21.6 Middle East Forecasted Consumption of Intraocular Lens (IOL) by Country
21.7 Africa Forecasted Consumption of Intraocular Lens (IOL) by Country
21.8 Oceania Forecasted Consumption of Intraocular Lens (IOL) by Country
21.9 South America Forecasted Consumption of Intraocular Lens (IOL) by Country
21.10 Rest of the world Forecasted Consumption of Intraocular Lens (IOL) by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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Market Research Process




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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI