Phakic Intraocular Lens (PIOL) Market size is estimated to be USD 1.15 Billion in 2024 and is expected to reach USD 2.45 Billion by 2033 at a CAGR of 9.2% from 2026 to 2033.
In 2022, the global Phakic Intraocular Lens (PIOL) market was valued at approximately USD 500 million and is projected to reach around USD 1.2 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.5% from 2023 to 2030. North America leads the market, holding a value share of 28.7%, with the United States contributing about 24.3% of the total market share. Europe follows closely with a value share of 34.1%, with Germanys market anticipated to grow at a CAGR of 9.3% over the forecast period. The Asia Pacific region is experiencing rapid growth, with China expected to increase at an 11.8% CAGR, driven by a rising prevalence of eye disorders and advancements in ophthalmic technologies. Latin America and the Middle East & Africa collectively account for smaller portions of the market but present emerging opportunities due to increasing healthcare awareness and improving medical infrastructure. The growing demand for vision correction solutions, particularly among individuals with high myopia, is propelling the adoption of PIOLs globally. Technological advancements in lens design and surgical techniques are enhancing the safety and efficacy of PIOL implantation, encouraging more ophthalmologists to adopt these procedures. In North America, the high prevalence of refractive errors and a well established healthcare system support market growth. Europe benefits from a significant myopic population and increasing medical tourism, especially in countries like Germany. The Asia Pacific regions expansion is fueled by a large patient base and improving access to advanced eye care services. Overall, the PIOL market is poised for substantial growth across various regions, driven by the increasing prevalence of refractive errors and continuous technological innovations in ophthalmology.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=369194&utm_source=Google site_G_April&utm_medium=235
CIBA Vision
STAAR Surgical
Ophtec B.V.
Johnson Johnson
Care Group
Zeiss
Alcon
Shanghai Haohai Biological Technology
Eyebright Medical Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=369194&utm_source=Google site_G_April&utm_medium=235
Growing demand for below applications around the world has had a direct impact on the growth of the Global Phakic Intraocular Lens (PIOL) Market
Artisan Lens
Verisyse Lens
ICL (Implantable Collamer Lens)
Myopia-specific PIOL
Hyperopia-specific PIOL
Collamer
PMMA (Polymethyl Methacrylate)
Silicone
Acrylate
Biocompatible materials
Myopia (Nearsightedness)
Hyperopia (Farsightedness)
Astigmatism
Presbyopia
Higher-order aberrations correction
Elective surgeries
Refractive surgeries
Custom and personalized surgeries
Outpatient surgical procedures
Preoperative evaluations
Hospitals
Ophthalmology clinics
Ambulatory surgical centers
Eye care specialists
Research institutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/phakic-intraocular-lens-piol-market/
1. Introduction of the Global Phakic Intraocular Lens (PIOL) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Phakic Intraocular Lens (PIOL) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Phakic Intraocular Lens (PIOL) Market, By Type
6. Global Phakic Intraocular Lens (PIOL) Market, By Application
7. Global Phakic Intraocular Lens (PIOL) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Phakic Intraocular Lens (PIOL) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/