2018 IOL Report: A Global Market Analysis for 2017 to 2023, April, 2018
New in the 2018 IOL Report:
The availability of extended depth of focus IOLs is expected to continue to expand patient demand for PC-IOLs and next generation accommodating IOLs.
Dramatic shifts are taking place in the competitive landscape, with consolidations and failures reducing the number of competitors. At the same time, IOL companies are adopting new ways to increase their competitiveness, such as offering other related cataract devices.
A flood of Indian and Chinese IOL companies have entered the global market in recent years. We evaluate the impact these competitors are having on IOL prices.
Our report on the IOL market is now in its 18th edition. It is the leading industry source for accurate and relevant information on all aspects of the intraocular lens (IOL) market. We provide data and five-year forecasts for cataracts and cataract surgeries worldwide. We discuss currently marketed IOLs and analyze demand in units, dollars and market share. We explore new IOL technologies in the development pipeline. We cover patient-based economics and reimbursement, and we explore strategies for success in the marketplace. Worldwide markets are analyzed using eight regional/economic categories: the US, Western Europe, Japan, Other Wealthy Nations, China, India, Latin America, and Rest of World.
Our report focuses on changes occurring in the competitive landscape. For example, for the first time in decades, we are seeing a reduction in the total number of IOL companies due to consolidations and failures. Just five companies in our tier one category, with projected 2018 IOL revenues exceeding $150 million, now account for two-thirds of IOL revenues. We characterize the trend of IOL companies expanding their cataract product lines to other cataract surgical devices such as phaco machines, ophthalmic viscosurgical devices, disposable instruments and knives, fluid management devices, and surgical packs.
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