Ophthalmic Devices are those devices which are used for vision correction or in ophthalmic diagnostic interventions. Intraocular Lens (IOL) is an artificial lens made of plastic, silicone, acrylic or other material that is implanted inside the eye during cataract surgery. GlobalData uses proprietary data and analytics to provide a comprehensive report on the intraocular lens (iol) market in Australia. Buy the latest report here.
Smarter leaders trust GlobalData
In 2023, GlobalData’s Market Model methodology determined that the leading player in the intraocular lens (iol) market in Australia was Alcon followed by Carl Zeiss Meditec, Johnson & Johnson Vision Care, Hoya, Bausch & Lomb and STAAR Surgical.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Foldable (phakic) IOL and Polymethyl Methacrylate (PMMA) IOL are tracked under Intraocular Lens (IOL). Foldable IOL include intraocular lens made up of hydrophilic acrylic and hydrophobic acrylic materials designed for small incision cataract surgeries. PMMA lens are the traditional IOL consisting of the Polymethyl Methacrylate.
The intraocular lens (iol) market in Australia can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size intraocular lens (iol) in Australia, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
