Corneal Implants Market

Corneal Implants Market

Corneal implants, also known as corneal grafting, is a surgical procedure where a damaged or diseased cornea is replaced by donated corneal tissue (the graft). When the entire cornea is implanted it is known as penetrating keratoplasty and when only part of the cornea is replaced it is known as lamellar keratoplasty. Keratoplasty simply means surgery to the cornea. The graft is taken from a recently deceased individual with no known diseases or other factors that may affect the chance of survival of the donated tissue or the health of the recipient.

The cornea implant is the transparent front part of the eye that covers the iris, pupil and anterior chamber. The surgical procedure is performed by ophthalmologists, physicians who specialize in eyes, and is often done on an outpatient basis. Donors can be of any age, as is shown in the case of Janis Babson, who donated her eyes after dying at the age 10. The corneal implant is performed when medicines, keratoconus conservative surgery and cross-linking can no longer heal the cornea. On the day of the surgery, the patient arrives to either a hospital or an outpatient surgery center, where the procedure will be performed. The patient is given a brief physical examination by the surgical team and is taken to the operating room. In the operating room, the patient lies down on an operating table and is either given general anesthesia, or local anesthesia and a sedative.

Corneal Implants Market: An Overview

The global corneal implants market is expected to witness a stellar growth during 2018-2028. This is mainly attributed to the increasing cases of eye sight related problem in the people owing to sedentary lifestyle.

Corneal implant is newly introduced technique to improve cornea thus improve eye sight of the patients suffering from keratoconus. The adoption of new technique has helped in improve corneal diseases thereby eliminating risk due to complexity involved in conventional treatment.

An upcoming report on the corneal implants market by Transparency Market Research is expected to provide an in depth analysis on industry. The report will through light on several segments of the corneal implants market. Along with this, the report is anticipated to consists of vital data that will indicate growth and latest trend in the fat reduction market during the forecast period. Additionally, the report consists of vital growth drivers, restraints, opportunities and challenges present in the market that are helpful to predict growth in the near future.

Corneal Implants Market: Notable Developments

Some of the recent development in the corneal implants market are-

Researchers in the corneal implants market have developed several innovative techniques that involves placing of donor tissue in second layer of cornea. This newly introduced techniques is expected to strengthened and flattened cornea thus helping in better treatment.

Some of the prominent players in the corneal implants market are Alcon, Alabama Eye Bank, Florida Lions Eye Bank,San Diego Eye Bank, Presbia  CorNeat Vision, and Aurolab. These players are expected to adopt several strategies such as acquisitions and mergers, collaboration and business expansion to concretize their market share in the corneal implants market.

Corneal Implants Market: Key Trends

The global corneal implants market is expected to grow at astonishing pace in the coming few years. This is mainly due to the detrimental environmental conditions such as depletion of ozone layer, increasing global warming. All these factors have an adverse impact on eye sight, thus rendering a positive impact on growth of corneal implants market.

Apart from this, rising consumer shift towards minimally invasive treatment coupled with growing awareness regarding corneal transplants will boost industry growth. Moreover, several advantages of corneal implants such as sharper vision, enhanced visual recovery and reduced risk of rejection are expected to rise the global corneal implants market.

However, there are several other risks associated with corneal implants such as shortage of donor material are expected to impede corneal implants market over the forecast period. 

Additionally, increasing adoption for corneal transplantation coupled with developing healthcare infrastructure in developing countries is a major factor expected to drive the cornel implants market in the coming few years.

Corneal Implants Market: Regional Outlook

Geographically, Corneal implants market is divided into North America, Asia Pacific, Europe, Middle East and Africa. Among all these region, North America is expected to hold highest share in the corneal implants market. This is mainly because of increasing prevalence of eye diseases and consequent vision loss in the region.  Moreover, presence of developed healthcare infrastructure and advance equipment for the treatment of diseases are another strong factor expected to boost prospect of North America in coming few years.