Artificial cornea and corneal implants are becoming increasingly popular in the field of ophthalmology. These devices are designed to replace damaged or diseased corneas, which can cause vision loss blindness. The global artificial cornea and corneal implant market size was USD 437.6 Million in 2022 and is expected to register a revenue CAGR of 7.9% during the forecast period.

One of the key drivers of the artificial cornea and corneal implant market is the increasing prevalence of eye diseases and disorders. According to the World Health Organization, approximately 253 million people worldwide suffer from vision impairment, with 36 million of those being blind. This has led to a growing demand for corneal transplants and other ophthalmic procedures, which in turn is driving the growth of the artificial cornea and corneal implant market.

Another factor driving the growth of the market is the increasing adoption of advanced technologies in ophthalmology. Artificial corneas and corneal implants are becoming more sophisticated and effective, with new materials and designs being developed to improve their performance. This is attracting more patients to these procedures, and is also driving innovation and competition among manufacturers.

However, there are also several challenges facing the artificial cornea and corneal implant market. One of the main challenges is the high cost of these devices, which can make them inaccessible to many patients. In addition, there is a shortage of donor corneas, which limits the availability of traditional corneal transplants and increases the demand for artificial corneas and corneal implants.

Despite these challenges, the artificial cornea and corneal implant market is expected to continue growing in the coming years. One of the key growth factors is the increasing investment in research and development by manufacturers and government organizations. For example, the National Eye Institute in the United States has funded several studies on artificial corneas and corneal implants, which are helping to advance the field and improve patient outcomes.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Artificial Cornea and Corneal Implant market include:

CorneaGen, AJL Ophthalmic S.A., Addition Technology, Presbia PLC, EyeYon, LinkoCare Life Sciences AB, MEDIPHACOS, SightLife, San Diego Eye Bank., Aurolab

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Artificial Cornea and Corneal Implant market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Artificial Cornea and Corneal Implant Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Artificial Cornea and Corneal Implant Market Segmentation:

• Type Outlook (Revenue, USD Million; 2019-2032)

  • Artificial Cornea
  • Human Cornea

• Transplant Type Outlook (Revenue, USD Million; 2019-2032)

  • Endothelial Keratoplasty
  • Penetrating Keratoplasty
  • Anterior lamellar keratoplasty
  • Keratoprosthesis

• Disease Type Outlook (Revenue, USD Million; 2019-2032)

  • Fungal Keratitis
  • Keratoconus
  • Fuch’s Dystrophy
  • Others

Artificial Cornea and Corneal Implant Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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