Intraocular Lens Market in India 2023-2027
Technavio has been monitoring the intraocular lens market in India and is forecast to grow by USD 99.17 mn during 2022-2027, accelerating at a CAGR of 9.2% during the forecast period. Our report on the intraocular lens market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of ophthalmic diseases, technological advances, and initiatives to create awareness about the benefits and advances in ophthalmic lenses.
Technavio's intraocular lens market in India is segmented as below:
By Product
- Monofocal intraocular lens
- Multifocal intraocular lens
- Toric intraocular lens
- Accommodative intraocular lens
By End-user
- Hospitals
- Ophthalmic clinics
- Ambulatory surgery centers
This study identifies the increasing medical tourism for low-cost ophthalmology surgeries as one of the prime reasons driving the intraocular lens market growth during the next few years. Also, the rising focus of vendors on strengthening their presence in emerging markets and strategic collaborations and M&A will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the intraocular lens market in India covers the following areas:
- Intraocular lens market sizing
- Intraocular lens market forecast
- Intraocular lens market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading intraocular lens market vendors that include Alcon Inc., Appasamy Associates Pvt. Ltd., Aravind Eye Care System, Bausch Health Co. Inc., Biotech Healthcare Holding GmbH, Care Group Sight Solution Pvt. Ltd., Carl Zeiss AG, Excellent Hi Care Pvt. Ltd., FREEDOM MEDICARE SAS, Global Ophthalmic Pvt. Ltd., HOYA Vision Care Europe Hoya Holdings N.V, Johnson and Johnson Services Inc., NanoVision, Nayam Innovations Pvt. Ltd., Omni Lens Pvt. Ltd., SMR Ophthalmic Pvt. Ltd., STAAR Surgical Co., Syon Med Pvt. Ltd., Grevis Pharmaceuticals Pvt. Ltd., and EssilorLuxottica SA. Also, the intraocular lens market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.