Worldwide Market Reports

Orbital Implants Market Growth Powered with Latest Development Scenario and Influencing Trends

Orbital Implants Market Update: Exceeding Expectations of Key Players That Shows Promising Future

 

Seattle, WA -- (SBWIRE) -- 11/14/2019 -- Orbital Implants can be placed directly into the orbit and the muscles attached without the need for a shell.Orbital implants are used to restore the visual appearance of the patient’s eyes distorted due to removal of the eye by enucleation and evisceration surgeries. Orbital implants are used by surgeons after removal of the eye to enhance the motility of ocular prosthesis and the eyelids and to restore the volume to the eye socket. These implants are available in various shapes and sizes.

Increased prevalence of cataract and growing geriatric population is further driving the market growth. Various technological advancements and the growing demand of aesthetics among the younger population are further driving the market growth. However, people are still apprehensive to use it because of the side effects associated with it. Lack of skilled professionals are further hampering the market growth.

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Market Segmentation:

The market for Ocular Implants is broadly categorized into implant type, application and end user. By implant type the market is divided into intraocular lenses, corneal implants, glaucoma implants, orbital implants, ocular prosthesis, others. Glaucoma implants segment holds a major share of the market revenue. By application the market is divided into glaucoma surgery, oculoplasty, drug delivery, age related macular degeneration, aesthetic purpose and others. Glaucoma surgery segment segment accounts for a considerable market share. By end user the market is classified into hospitals, specialty eye clinics and eye institutes.

Regional Analysis:

Geographically, the global orbital implants market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for a leading share of the global orbital implants market, owing to increase in elderly population, favorable reimbursement scenario, and growing prevalence of ocular cancer led by sedentary lifestyle in the region. Asia Pacific is likely to offer high potential for growth of the orbital implants market during the forecast period, owing to rising prevalence of diabetes and increasing government expenditure on health care in the region. Increase in the incidence of blindness and penetration of the lucrative market in Asia Pacific by key players owing to large population base are likely to augment the orbital implants market in China and India from 2017 to 2025

Key Players:

Network Medical, Orbtex, AJL, Gulden Ophthalmics, Devine Medihealth Pvt Ltd, FCI, Bio-eye, Morcher GmbH, Cavendish Implants, Carl Zeiss, Alcon

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