The keratoprosthesis market is expected to grow exponentially over the forecast period due to the increasing incidence of corneal infection. Increasing visual disability due to the cloudy cornea for working people has increased the demand for keratoprosthesis surgeries. Based on product types, the global keratoprosthesis market is segmented into Boston Keratoprosthesis, alphaCor, and others. Amongst them, Boston Keratoprosthesis is the most widely used treatment option for corneal disease.
The global keratoprosthesis market is valued at USD 437.58 Million in the year 2022. The market is expected to grow continuously with a CAGR of 12% in the forecast duration. The keratoprosthesis market is estimated to surpass the size of USD 1359.06 Million.
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Market Players: –
- Hoffmann-La Roche Ltd.,
- Regeneron
- Pharmaceuticals, Inc.,
- Pfizer, Inc.,
- Bayer AG
The examiners have utilized various vast conspicuous business knowledge devices to unite realities, figures, and market information into income assessments and projections in the Market.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Recent developments
The present developments in keratoprosthesis aimed to enhance the integration of implant tissue with the host tissue. The anatomical results are aimed at using biocompatible materials. The long-term and sustainable vision is targeted by the researchers. The companies are giving prime consideration to post-operative complications such as glaucoma, extrusion, and infection. The newer materials should be targeted by the researchers for excellent optical properties.
Corneat Vision in 2022 proclaimed that CorNeat Kpro is under trial by the firm which is expected to arrive in 2024. Collagen-based bioengineered corneas are recently introduced into the market and are being popular owing to their lower cost and compatibility in implantation.
This process is ensuring safety and effectiveness in surgery. The manufacturer in the keratoprosthesis market is increasingly focusing on the development of new techniques and products. The artificial cornea industry is marked by dominant players’ competition and product differentiation.
Keratoprosthesis Market: Segmentation
Tentatively, the global keratoprosthesis market has been segmented on the basis of product type, disease indication, end user, and geography.
- By Implant type :
- Synthetic
- Bio-Synthetic
- Others
- By Disease Indication :
- Bullous Keratopathy
- Keratoconus
- Keratitis
- Others
- By End Users :
- Hospitals
- Ambulatory Surgical Centers
- Others
- By Region :
- North America (U.S., Canada)
- Latin America (Argentina, Mexico, Brazil)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
- Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
- Asia Pacific Excluding Japan and China (India, Australia & New Zealand)
- China
- Japan
- The Middle East and Africa (GCC, South Africa, Rest Of MEA)
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The data provided in the Keratoprosthesis Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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