Presbyopia Correction Devices Market is expected to reach US$ 48 million revenues by 2028

Presbyopia Correction Device general has two types: corneal inlay and scleral implants.

A corneal inlay (also called an intracorneal implant) is a device which is surgically implanted in the cornea of the eye as a treatment for presbyopia. Successful installation results in reducing dependence on reading glasses, so that the user can more easily engage in everyday tasks such as using a mobile phone, reading store shelf prices and working on a computer.

Corneal inlays are small, thin, and permeable. Typically one is implanted in the non-dominant eye.

Scleral implants are precision-molded from a clear plastic material; the clear implants are about the size of a grain of rice and are placed just below the surface of the white of your eye (called the sclera). The only one commercially available is VisAbility™ Micro-Insert System.

Europe is the largest Presbyopia Correction Devices market with about 45% market share. United States is follower, accounting for about 32% market share.

The key players are AcuFocus, Revision Optics (Closed in Feb 2018), Refocus, Presbia etc. Top 3 companies occupied about 99% market share.

The global Presbyopia Correction Devices market was valued at US$ 15 million in 2020 and is expected to reach US$ 48 million by the end of 2027, growing at a CAGR of 18.0% during 2021-2027.

This report focuses on Presbyopia Correction Devices volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Presbyopia Correction Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Corneal Inlays
  • Scleral Implants

Segment by Application

  • Age 40-50
  • Age 50-65
  • Age above 65

By Company

  • AcuFocus
  • Revision Optics (Closed in Feb 2018)
  • Refocus
  • Presbia

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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