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Artificial Cornea and Corneal Implant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 145 pages | ID: AEB4E2023E14EN
IMARC Group

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The global artificial cornea and corneal implant market size reached US$ 412.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 612.1 Million by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

Artificial cornea and corneal implant refer to the surgical procedure conducted to replace parts of the damaged cornea with healthy corneal tissue obtained from a donor. The procedures are usually performed for the treatment of keratoconus, infectious keratitis, corneal ulcers and Fuchs dystrophy diseases. They include various medical procedures, such as penetrating and endothelial keratoplasty, that involve the transplantation of entire corneal stem cells. The implants are commonly available in synthetic and biosynthetic variants, which are manufactured using recombinant collagen and chemical substances. The implant procedures aid in restoring vision, relieving pain and treating damaged corneas. As a result, these procedures are widely conducted in hospitals and ophthalmic and ambulatory surgical centers (ASCs).

Artificial Cornea and Corneal Implant Market Trends:
The increasing prevalence of corneal infections and eye-related disorders among the masses is one of the key factors driving the growth of the market. Moreover, the rising geriatric population, which is more susceptible to such ailments, is providing a thrust to the market growth. Artificial cornea and corneal implant procedures are extensively used for the timely treatment of these disorders and the prevention of corneal blindness. Additionally, the increasing preference for penetrating keratoplasty procedures is favoring the market growth. These surgical procedures involve full-thickness corneal transplantation, which aids in treating ecstatic corneal diseases, such as keratoconus and pellucid marginal degeneration. Various product innovations, such as the development of three-dimensional (3D) printed artificial corneas with enhanced biocompatibility and customizability, are contributing to the market growth. In line with this, the increasing demand for artificial cornea and corneal implants to treat cloudy cornea caused by prolonged exposure to screen times is positively impacting the market growth. Other factors, including significant improvements in the healthcare infrastructure, along with the implementation of various government initiatives to prevent visual impairment among the masses, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global artificial cornea and corneal implant market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, transplant type, disease indication and end user.

Breakup by Type:

Human Cornea
Artificial Cornea

Breakup by Transplant Type:

Penetrating Keratoplasty
Endothelial Keratoplasty
Anterior Lamellar Keratoplasty
Keratoprosthesis

Breakup by Disease Indication:

Fuchs' Dystrophy
Fungal Keratitis
Keratoconus
Others

Breakup by End User:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advancing Sight Network, AJL Ophthalmic S.A., Aurolab, Corneat Vision Ltd, EyeYon Medical, Florida Lions Eye Bank, Keramed Inc., L V Prasad Eye Institute, LinkoCare Life Sciences AB, Mediphacos, Presbia PLC and San Diego Eye Bank.

Key Questions Answered in This Report
1. What was the size of the global artificial cornea and corneal implant market in 2022?
2. What is the expected growth rate of the global artificial cornea and corneal implant market during 2023-2028?
3. What are the key factors driving the global artificial cornea and corneal implant market?
4. What has been the impact of COVID-19 on the global artificial cornea and corneal implant market?
5. What is the breakup of the global artificial cornea and corneal implant market based on the type?
6. What is the breakup of the global artificial cornea and corneal implant market based on the transplant type?
7. What is the breakup of the global artificial cornea and corneal implant market based on the disease indication?
8. What is the breakup of the global artificial cornea and corneal implant market based on the end user?
9. What are the key regions in the global artificial cornea and corneal implant market?
10. Who are the key players/companies in the global artificial cornea and corneal implant market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL ARTIFICIAL CORNEA AND CORNEAL IMPLANT MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Human Cornea
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Artificial Cornea
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY TRANSPLANT TYPE

7.1 Penetrating Keratoplasty
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Endothelial Keratoplasty
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Anterior Lamellar Keratoplasty
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Keratoprosthesis
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY DISEASE INDICATION

8.1 Fuchs' Dystrophy
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Fungal Keratitis
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Keratoconus
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY END USER

9.1 Hospitals
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Ambulatory Surgical Centers
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Specialty Clinics
  9.3.1 Market Trends
  9.3.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Advancing Sight Network
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 AJL Ophthalmic S.A.
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
  15.3.3 Aurolab
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 Corneat Vision Ltd
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
  15.3.5 EyeYon Medical
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Florida Lions Eye Bank
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
  15.3.7 Keramed Inc.
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
  15.3.8 L V Prasad Eye Institute
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
  15.3.9 LinkoCare Life Sciences AB
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
  15.3.10 Mediphacos
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
  15.3.11 Presbia PLC
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
  15.3.12 San Diego Eye Bank
    15.3.12.1 Company Overview
    15.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Artificial Cornea and Corneal Implant Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Artificial Cornea and Corneal Implant Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Artificial Cornea and Corneal Implant Market Forecast: Breakup by Transplant Type (in Million US$), 2023-2028
Table 4: Global: Artificial Cornea and Corneal Implant Market Forecast: Breakup by Disease Indication (in Million US$), 2023-2028
Table 5: Global: Artificial Cornea and Corneal Implant Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Artificial Cornea and Corneal Implant Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Artificial Cornea and Corneal Implant Market: Competitive Structure
Table 8: Global: Artificial Cornea and Corneal Implant Market: Key Players

LIST OF FIGURES

Figure 1: Global: Artificial Cornea and Corneal Implant Market: Major Drivers and Challenges
Figure 2: Global: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Artificial Cornea and Corneal Implant Market: Breakup by Type (in %), 2022
Figure 5: Global: Artificial Cornea and Corneal Implant Market: Breakup by Transplant Type (in %), 2022
Figure 6: Global: Artificial Cornea and Corneal Implant Market: Breakup by Disease Indication (in %), 2022
Figure 7: Global: Artificial Cornea and Corneal Implant Market: Breakup by End User (in %), 2022
Figure 8: Global: Artificial Cornea and Corneal Implant Market: Breakup by Region (in %), 2022
Figure 9: Global: Artificial Cornea and Corneal Implant (Human Cornea) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Artificial Cornea and Corneal Implant (Human Cornea) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Artificial Cornea and Corneal Implant (Artificial Cornea) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Artificial Cornea and Corneal Implant (Artificial Cornea) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Artificial Cornea and Corneal Implant (Penetrating Keratoplasty) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Artificial Cornea and Corneal Implant (Penetrating Keratoplasty) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Artificial Cornea and Corneal Implant (Endothelial Keratoplasty) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Artificial Cornea and Corneal Implant (Endothelial Keratoplasty) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Artificial Cornea and Corneal Implant (Anterior Lamellar Keratoplasty) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Artificial Cornea and Corneal Implant (Anterior Lamellar Keratoplasty) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Artificial Cornea and Corneal Implant (Keratoprosthesis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Artificial Cornea and Corneal Implant (Keratoprosthesis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Artificial Cornea and Corneal Implant (Fuchs' Dystrophy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Artificial Cornea and Corneal Implant (Fuchs' Dystrophy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Artificial Cornea and Corneal Implant (Fungal Keratitis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Artificial Cornea and Corneal Implant (Fungal Keratitis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Artificial Cornea and Corneal Implant (Keratoconus) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Artificial Cornea and Corneal Implant (Keratoconus) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Artificial Cornea and Corneal Implant (Other Diseases Indications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Artificial Cornea and Corneal Implant (Other Diseases Indications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Artificial Cornea and Corneal Implant (Hospitals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Artificial Cornea and Corneal Implant (Hospitals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Artificial Cornea and Corneal Implant (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Artificial Cornea and Corneal Implant (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Artificial Cornea and Corneal Implant (Specialty Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Artificial Cornea and Corneal Implant (Specialty Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Artificial Cornea and Corneal Implant Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Artificial Cornea and Corneal Implant Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Artificial Cornea and Corneal Implant Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Artificial Cornea and Corneal Implant Industry: SWOT Analysis
Figure 85: Global: Artificial Cornea and Corneal Implant Industry: Value Chain Analysis
Figure 86: Global: Artificial Cornea and Corneal Implant Industry: Porter's Five Forces Analysis


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