Dublin, Nov. 27, 2023 (GLOBE NEWSWIRE) -- The "Corneal Implants Market Size, Share & Trends Analysis Report By Application (Corneal Ulcers, Fuchs Dystrophy), By Type (Human Cornea, Synthetic), By End-use, By Surgery Method, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global corneal implants market size is anticipated to reach USD 695.0 million by 2030, registering a CAGR of 6.5% from 2023 to 2030.
The rising prevalence of corneal diseases, such as keratoconus, Fuchs dystrophy, and infectious keratitis, is the major factor driving the industry's growth. The gap between demand and supply is also expected to boost industry growth in the long run. Various programs spreading awareness about the importance of corneal donations are also likely to support the industry's growth. Moreover, many European countries are adopting an "opt-out" policy for organ donation to meet the growing demand for corneal grafts. 
An increasing number of R&D activities related to corneal implants is expected to foster industry growth over the forecast period. Bioengineered cornea, 3D printed cornea, and stem cell therapy are a few of the topics gaining attention from the stakeholders. Moreover, a favorable reimbursement scenario and increasing focus of manufacturers to develop new products and the expected launch of new products in the next two years are expected to boost the growth of the market over the forecast period.
North America dominated the global industry in 2021 and accounted for the largest share of the overall revenue. The region is projected to expand further at a steady CAGR from 2022 to 2030 as the U.S is one of the major suppliers of corneal implants globally. On the other hand, the Asia Pacific region is estimated to register the fastest growth rate during the forecast period on account of the rising demand for corneal implants in countries, such as China, Indonesia, and the Philippines.
Market Report Highlights
- Based on type, the human cornea segment accounted for the largest share in 2022 and is estimated to remain dominant throughout the forecast period
- Lack of accessibility, shortage of human corneas, and rising number of graft rejection cases are factors expected to drive the segment growth
- The endothelial keratoplasty segment is expected to register the fastest CAGR from 2023 to 2030 owing to benefits, such as faster and better visual restoration with decreased risk of infection and accidents to the eye surface
- Based on applications, the Fuchs Dystrophy segment held the largest share in 2022 and is expected to register the fastest CAGR as well from 2023 to 2030
- This growth can be attributed to the factors, such as the rising adoption of minimally invasive surgical procedures and the high prevalence of the disease
- Based on end-user, the hospital segment held the largest market share in 2022 and is expected to have a significant growth rate over the forecast period
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 120 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $418.6 Million |
| Forecasted Market Value (USD) by 2030 | $695 Million |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Type outlook
2.2.2. Surgery method outlook
2.2.3. Application outlook
2.2.4. End-use outlook
2.2.5. Regional outlook
2.3. Competitive Insights
Chapter 3. Corneal Implants Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.4. Corneal Implants Market Analysis Tools
3.4.1. Industry Analysis - Porter's
3.4.2. PESTEL Analysis
Chapter 4. Corneal Implants: Type Estimates & Trend Analysis
4.1. Corneal Implants Market: Key Takeaways
4.2. Corneal Implants Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Human Cornea
4.4. Synthetic
Chapter 5. Corneal Implants Market: Surgery Method Estimates & Trend Analysis
5.1. Corneal Implants Market: Key Takeaways
5.2. Corneal Implants Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Penetrating Keratoplasty
5.4. Endothelial Keratoplasty
Chapter 6. Corneal Implants Market: Application Estimates & Trend Analysis
6.1. Corneal Implants Market: Key Takeaways
6.2. Corneal Implants Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Keratoconus
6.4. Fuchs Dystrophy
6.5. Infectious Keratitis
6.6. Corneal Ulcers
6.7. Others
Chapter 7. Corneal Implants Market: End-use Estimates & Trend Analysis
7.1. Corneal Implants Market: Key Takeaways
7.2. Corneal Implants Market: Movement & Market Share Analysis, 2022 & 2030
7.3. Hospitals
7.4. Ophthalmic Centers
7.5. Ambulatory Surgical Centers
Chapter 8. Corneal Implants Market: Regional Estimates & Trend Analysis
Chapter 9. Competitive Landscape
- Florida Lions Eye Bank
- Alcon Inc.
- Aurolab
- CorneaGen
- AJL Ophthalmic S.A.
- DIOPTEX
- Massachusetts Eye and Ear
- San Diego Eye Bank
- KeraMed, Inc.
- Presbia PLC
For more information about this report visit https://www.researchandmarkets.com/r/nte00y
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