Artificial Cornea and Corneal Implant Market Growth, Report and Forecast 2023-2028

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IMARC Group, a leading market research company, has recently releases report titled “Artificial Cornea and Corneal Implant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global artificial cornea and corneal implant market growth, trends, share, size and  forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Artificial Cornea and Corneal Implant Market?

The global artificial cornea and corneal implant market size reached US$ 412.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 612.1 Million by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

What are Artificial Cornea and Corneal Implant?

Also known as the synthetic cornea, artificial cornea and corneal implants are prosthetic devices designed to replace the natural cornea in the human eye. It consists of a clear, dome-shaped surface that covers the front of the eye and helps focus light onto the retina. It is made of durable, biocompatible materials that offer a minimal risk of rejection by the immune system as compared to donor corneas. It corrects refractive errors and restores visual acuity in individuals with damaged and diseased corneas. As a result, it finds extensive applications in specialty clinics, hospitals, and ambulatory surgical centers.

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What are the growth prospects and trends in the artificial cornea and corneal implant industry?

The primary driver behind the market growth is the widespread adoption of metal cans in the F&B industry, serving as a packaging solution for a wide range of products, including iced teas, energy drinks, alcoholic beverages, sodas, and carbonated soft drinks. Furthermore, the increasing demand for eco-friendly cans driven by growing environmental consciousness contributes to the market growth.

Various key market players in the market are focusing on introducing customized designs for brands, expanding their consumer base, and promoting brand awareness, which further fuels market growth. Innovations in can forming and metal deposition control on packaging materials that enhance material efficiency and provide unique antimicrobial and microwave susceptor properties also positively impact the market.

Additionally, factors such as the rising demand for industrial packaging products, the introduction of easy open-lid cans, and the increasing demand for canned food due to busy schedules and hectic lifestyles support market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

  • Human Cornea
  • Artificial Cornea

Breakup by Transplant Type:

  • Penetrating Keratoplasty
  • Endothelial Keratoplasty
  • Anterior Lamellar Keratoplasty
  • Keratoprosthesis

Breakup by Disease Indication:

  • Fuchs’ Dystrophy
  • Fungal Keratitis
  • Keratoconus
  • Others

Breakup by End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Advancing Sight Network, AJL Ophthalmic S.A., Aurolab, Corneat Vision Ltd, EyeYon Medical, Florida Lions Eye Bank, Keramed Inc., L V Prasad Eye Institute, LinkoCare Life Sciences AB, Mediphacos, Presbia PLC and San Diego Eye Bank.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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