Presbyopia Correction Devices Market Size By Application (Age 40-50, Age 50-65, Age above 65), By Type (Corneal Inlays, Scleral Implants), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Global Presbyopia Correction Device market is expected to be around US$ 62.50 Billion by 2028 at a CAGR of 18% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
18
REPORT DESCRIPTION
The Global Presbyopia Correction Device market is expected to be around US$ 62.50 Billion by 2028 at a CAGR of 18% in the given forecast period.
An increase in the number of patients that has due to an aging population, the aggressive investment and marketing of the global pharmaceuticals, the Correction Device market for ageing-related symptoms has experienced annual growth.
Presbyopia Correction Device general has two types: corneal inlay and scleral implants.
A corneal inlay (also called an intracorneal implant) is a device which is surgically implanted in the cornea of the eye as a treatment for presbyopia. Successful installation results in reducing dependence on reading glasses, so that the user can more easily engage in everyday tasks such as using a mobile phone, reading store shelf prices and working on a computer.
Corneal inlays are small, thin, and permeable. Typically, one is implanted in the non-dominant eye.
Scleral implants are precision-molded from a clear plastic material; the clear implants are about the size of a grain of rice and are placed just below the surface of the white of your eye (called the sclera).
The global Presbyopia Correction Devices market is segregated on the basis of Application as Age 40-50, Age 50-65, and Age above 65. Based on Type the global Presbyopia Correction Devices market is segmented in Corneal Inlays and Scleral Implants.
The global Presbyopia Correction Devices market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Presbyopia Correction Devices market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
AcuFocus, Refocus Group, Revision Optics, Presbia, and others are among the major players in the global Presbyopia Correction Devices market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Presbyopia Correction Devices Market has been segmented as below:
Presbyopia Correction Devices Market, By Application
Presbyopia Correction Devices Market, By Type
Presbyopia Correction Devices Market, By Region
Presbyopia Correction Devices Market, By Company
The report covers:
Report Scope:
The global Presbyopia Correction Devices market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Presbyopia Correction Devices market share. Major industry players with significant revenue share include AcuFocus, Refocus Group, Revision Optics, Presbia, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Presbyopia Correction Devices Market, By Application
5.1 Introduction
5.2 Age 40-50
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Age 50-65
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Age above 65
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Presbyopia Correction Devices Market, By Type
6.1 Introduction
6.2 Corneal Inlays
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Scleral Implants
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Presbyopia Correction Devices Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Presbyopia Correction Devices, By Application
7.2.2 North America Presbyopia Correction Devices, By Type
7.3 Europe
7.3.1 Europe Presbyopia Correction Devices, By Application
7.3.2 Europe Presbyopia Correction Devices, By Type
7.4 Asia-Pacific
7.4.1 Asia-Pacific Presbyopia Correction Devices, By Application
7.4.2 Asia-Pacific Presbyopia Correction Devices, By Type
7.5 Rest of the World
7.5.1 Rest of the World Presbyopia Correction Devices, By Application
7.5.2 Rest of the World Presbyopia Correction Devices, By Type
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 AcuFocus
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Refocus Group
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Revision Optics
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Presbia
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
The Presbyopia Correction Devices Market has been segmented as below:
Presbyopia Correction Devices Market, By Application
Presbyopia Correction Devices Market, By Type
Presbyopia Correction Devices Market, By Region
Presbyopia Correction Devices Market, By Company
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