Artificial Cornea Implant Market Projection By Technology, Top Key Players, Demand, Segment, Regional Analysis Revenue Forecast Till – 2031

New York, United States, 2022-May-18 — /EPR Network/ —

Artificial Cornea Implant Market 2022

The pharmaceutical industry is making use of AI for discovering new-fangled drugs. January 2020 witnessed the invention of the very first drug molecule using AI, whose patent lay with Japanese and British scientists. The medicine is being used for treating OCD (obsessive-compulsive disorder). Likewise, several promising formulas are being discovered as an outcome of AI-enabled lab experimenting. This would be how the pharmaceutical arm of the healthcare vertical look shortly.

Artificial cornea implant is a surgery to eliminate all or part of a damaged cornea and replace it with healthy donor tissue. But, currently there shortage of cornea donor worldwide and eye and tissue banking is also not carrying in many countries. Meanwhile there is always possibility that human eye will reject the transplantation which can cause infection or lack of vision.

Cornea Implant is usually performed under certain condition such as keratoconus, degenerative condition or other. The artificial cornea tissue can be made up of polymer plastic such as silica material. Artificial cornea implant are of two type, i.e. synthetic cornea implant and biosynthetic cornea implant.

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The global market of artificial cornea implant is classified on the basis of implant type, indication and end user.

type of implant
  • Synthetic Implant
  • Biosynthetic Implant
disease indication
  • Bullous keratopathy
  • Keratoconus
  • Keratitis
  • Corneal stromal dystrophies
  • Others
end user
  • Hospitals
  • Ambulatory Surgical Centers

The artificial cornea implant market is expected to grow exponentially over the forecast period due to increasing incidence of corneal infection. There is increase in visual disability due to cloudy cornea for working people which has increased demand of cornea implant in global market.

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Biosynthetic cornea implant is preferred over synthetic cornea implant by most of the ambulatory surgical centers. Therefore, biosynthetic cornea implant is expected to gain maximum market share by implant type for global artificial corneal implant market.

Synthetic cornea implant have used only for severely injured connective tissue. Due to this synthetic implant has less market demand over biosynthetic demand. The crafting of biosynthetic cornea require manual work and it also costly method. It is expected that biosynthetic cornea implant would have huge market demand in near future.

On the basis of geography, artificial corneal implant market is classified in six key region viz. North America, Latin America, Europe, Asia-Pacific excluding China, China, Middle East and Africa.

North America is expected to dominate the revenue share by region which is the followed by Europe though more than 90% of biosynthetic cornea implant performed in Europe and United States.

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During a survey in 2016 it is clarified that 64% of people in U.K. have rejected to donate their cornea for transplantation which has expand the growth cornea implant market globally. Asia Pacific region India and China are low-cost market for cornea implant, therefore it is the best place for people who are planning medical tourism.

Some of the major key player for Artificial Cornea Implant market globally are F. Hoffmann-La Roche Ltd., Regeneron Pharmaceuticals, Inc., Pfizer, Inc., Bayer AG, Bausch & Lomb Incorporated. Another prominent player in the macular edema markets are Aciont Inc., ActiveSite, Pharmaceuticals, Inc., Adverum Biotechnologies, Inc., Aerpio Therapeutics, Inc., Ampio Pharmaceuticals, Inc., Araim Pharmaceuticals, Inc., Astellas Pharma Inc.,Boehringer , Ingelheim GmbH.

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