Intraocular lenses (IOLs) are artificial lenses which are used for changing the pure lens of the attention. Mostly, they’re used to switch lenses which have been clouded by cataracts. Roughly 30 million cataract surgical procedures have been carried out worldwide in 2022.1 Yearly this quantity will increase because of the growing prevalence of eye circumstances related to the growing old inhabitants, way of life modifications and different components.
A number of kinds of IOLs are used for cataract surgical procedure. Globally, cataracts are a significant contributor to visible impairment. In low and middle-income international locations, cataracts are accountable for over 50% of blindness circumstances.2 The most typical IOL is the monofocal IOL, which permits for focus at a set distance. Different kinds of IOLs, corresponding to multifocal and accommodative lenses, which permit the affected person to have totally different focusing powers inside the similar lens. Multifocal lenses have areas inside the lens that enable for viewing shut and distant objects. Accommodative lenses greatest simulate the pure lens of the attention by benefiting from the pure musculature of the attention to bodily change the refractive properties of the IOL.
As per the “International Intraocular Lens Market Worth, 2019-2029” chart, the multifocal IOL market compromised greater than half of the entire IOL market primarily based on the 2022 market worth.3 This development is predicted to be noticed over the forecast interval, with the multifocal lens market gaining market shares every year. Regardless of this quick development, multifocal IOL items composed not more than 15% of the entire IOL items offered in 2022 globally. This disparity is because of the excessive common promoting value (ASP) of multifocal lenses.
In 2022, the ASP for multifocal IOLs have been virtually eight occasions increased in comparison with monofocal IOLs.3 It will stay one of many predominant components limiting the excessive development of multifocal IOL over the forecast interval, regardless of its quite a few benefits. This text will focus on the principle driving components for the continued worldwide development of IOL.
Getting older of the Inhabitants Driving IOL Market Progress
Worldwide development in IOL will be primarily attributed to the growing old of the inhabitants. As world healthcare has improved, the typical lifespan of the inhabitants has expanded. Whereas it is a optimistic end result, it additionally implies that people have a better probability of reaching an age the place they might encounter age-associated circumstances, corresponding to cataracts. Consequently, rise of an growing old inhabitants immediately correlates with the rising incidence price of cataracts, together with the necessity to deal with it. Â
Widespread age-related eye circumstances embrace presbyopia, glaucoma, dry eyes, age-related muscular degeneration, cataracts and others. In accordance with the World Well being Group, at the least 2.2 billion folks have a close to or distance imaginative and prescient impairment with at the least 1 billion of those circumstances being preventable.4 The primary situation inflicting distance imaginative and prescient impairment or blindness are cataracts, which impacts round 95 million folks globally.4
Consequently, the necessity for inexpensive and efficient therapy is crucial to scale back morbidity related to cataracts. Due to this fact, corporations should be ready to reply to the growing demand for cataract surgical procedures.
A variety of main rivals within the IOL market are benefiting from this market development, in addition to some newer rivals which are bringing novel expertise into the market. The primary rivals within the world IOL market are Alcon, J&J Imaginative and prescient Care, and Bausch & Lomb.
Elevated Incidence of Eye Situations
Globally, the prevalence variety of cataracts elevated by virtually 130% from 1990 to 2019.5 This may be attributed to a number of components. One such issue is way of life modifications. Particularly, elevated display screen time and publicity to digital units contribute to earlier onset of imaginative and prescient issues which boosts the demand for IOL. Digital eye pressure (DES) encompasses a variety of ocular signs which come up from extended utilization of digital digital units.
The COVID-19 pandemic’s lockdown measures curtailed outside actions for folks of all ages, resulting in elevated display screen time. Based mostly on the statistics, the prevalence of DES signs in youngsters grew to 55%.6 Sure research point out that blue gentle publicity emitted by digital screens could induce oxidative stress inside the lens of the attention, probably enjoying a task within the improvement of cataracts. Oxidative stress arises when there’s an imbalance between the manufacturing of reactive oxygen species (ROS) and the physique’s capability to counteract them. This type of oxidative harm is assumed to contribute to a variety of eye-related circumstances, together with the formation of cataracts.7 You will need to notice that there’s nonetheless plenty of debate on this matter as some research counsel that components aside from ultraviolet (UV) gentle publicity may play a extra vital function.
Prevalence of Diabetes
In 2021, each 1 in 10 adults was dwelling with diabetes, which accounts for greater than 520 million folks.8 By 2045, this quantity is predicted to achieve 782 million in response to the Worldwide Diabetes Federation.8 People with diabetes have a notably elevated danger, starting from 2 to five time increased, of growing cataracts, which frequently manifest at an earlier stage of their lives.
There are a number of organic mechanisms that contribute to the elevated danger of growing cataracts. Mostly, elevated ranges of blood sugar in diabetes provoke a phenomenon referred to as glycation, whereby surplus sugar molecules bind to proteins inside the lens of the attention.9 This interplay leads to a change of the construction and performance of lens proteins, inducing a cloudy and fewer clear look. This opacity subsequently triggers the event of cataracts. Due to this fact, the growing prevalence of diabetes considerably impacts cataract surgical procedures.
Intraocular Lenses Analysis and Growth
Because the demand for IOL rises every year, there are quite a few scientific analysis research aiming at bettering the expertise. A particular space of analysis facilities on enhancing biocompatibility, reaching improved visible high quality and adjustability, minimizing surgical incisions and mitigating issues corresponding to posterior capsular opacification and ophthalmitis.10
Moreover, plenty of scientific analysis goals at advancing optics. This encompasses the creation of multifocal and accommodative IOLs, which permits people to attain readability of imaginative and prescient throughout totally different distances with out counting on eyeglasses. The customization of IOL is one other analysis space investigating personalised IOLs to cater to the distinct visible necessities of every affected person, thereby optimizing their imaginative and prescient after surgical procedure. Furthermore, ongoing research are delving into IOLs which will be modified after being implanted, permitting for exact changes to refine the affected person’s visible acuity.11
Closing Factors
The worldwide intraocular lens market has been evolving and rising dramatically up to now, and it’s anticipated to take care of development because the wants of the inhabitants enhance. With the excessive price of most biomaterials, North America and Western Europe characterize the best proportion of the entire market. Moreso, IOLs are slowly changing into extra prevalent throughout the globe. Alcon stays the main firm out there worldwide.
For additional insights and extra granular market information, please see the report Ophthalmic System Market Dimension, Share, and Developments Evaluation – International – 2023-2029 by iData Analysis.
Concerning the Authors
Kateryna Hronska is a senior analysis analyst at iData Analysis. She works on analysis tasks concerning the medical gadget trade, publishing the International Diagnostic and Interventional Ophthalmic System analysis report.
Kamran Zamanian, Ph.D., is CEO and founding accomplice of iData Analysis. He has spent over 20 years working out there analysis trade with a dedication to the examine of medical units used within the well being of sufferers all around the globe.
About iData Analysis
For 19 years, iData Analysis has been a powerful advocate for data-driven decision-making inside the world medical gadget, dental, and pharmaceutical industries. By offering customized analysis and consulting options, iData empowers its shoppers to belief the supply of information and make essential strategic selections with confidence.
Citations
- Basaldua, B. (2023, March 3). The Way forward for Cataract Surgical procedure. iOR Companions | Workplace-Based mostly Surgical procedure.Â
- Tognetto, D., & Giglio, R. (2021, October 1). Synthetic Intelligence Purposes and cataract administration: A scientific evaluate. Survey of Ophthalmology.Â
- iData Analysis Inc. International Diagnostic and Interventional Ophthalmic System Market – 2023. Revealed ___ 2023. Accessed ___, 2023.
- World Well being Group. (n.d.). Imaginative and prescient Impairment and blindness. World Well being Group.Â
- Fang, R., Yu, Y.-F., Li, E.-J., Lv, N.-X., Liu, Z.-C., Zhou, H.-G., & Tune, X.-D. (2022, November 12). International, regional, nationwide burden and gender disparity of cataract: Findings from the worldwide burden of illness examine 2019 – BMC public well being. BioMed Central.
- Kaur, Ok., Gurnani, B., & Nayak, S. (2022, October). Digital Eye strain- A complete evaluate. Ophthalmology and remedy.Â
- Nita, M., & Grzybowski, A. (2016). The function of the reactive oxygen species and oxidative stress within the pathomechanism of the age-related ocular ailments and different pathologies of the anterior and posterior eye segments in adults. Oxidative drugs and mobile longevity.Â
- Diabetes world wide in 2021. IDF Diabetes Atlas. (n.d.).
- Kiziltoprak, H., Tekin, Ok., & Inanc, M. (2019, March 15). Cataract in diabetes mellitus. World journal of diabetes.Â
- Luo, C., Wang, H., & Chen, X. (2022, Could 23). Latest advances of intraocular lens supplies and floor modification in cataract surgical procedure. Frontiers.Â
- Salerno, L. C., Tiveron, M. C., & AliĂł, J. L. (2017). Multifocal intraocular lenses: Varieties, outcomes, issues and how you can remedy them. Taiwan journal of ophthalmology.Â