The global demand for Corneal Transplantation Market is presumed to reach the market size of nearly USD 847.7 MN by 2028 from USD 520.71 MN in 2021 with a CAGR of 7.21% under the study period 2022 - 2028.
The cornea is the transparent front part of the eye that allows light to pass through and focus. Corneal transplantation involves the usage of a microscope and a cutting instrument to remove the damaged cornea/corneal tissues and replace them with a healthy cornea, followed by a few stitches with an ultra-thin thread (which is removed in the following days). Corneal transplantation may involve replacing the entire cornea or selecting parts of the cornea based on the location of the damage.
Market Dynamics
The technological advancements in corneal implants, the increasing prevalence of the geriatric population, and growing eye disorders worldwide lead to a huge demand for corneal implants in healthcare facilities. Additionally, an increase in the advantage associated with the minimally invasive treatment and a rise in investments is also anticipated to enhance the market's growth. A rise in awareness regarding corneal transplants that provide aesthetic benefits is expected to propel market growth further. However, the high cost of the treatment and shortage of the donor material are the factors posing as the key restraints to the growth of the corneal transplant market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of corneal transplantation. The growth and trends of corneal transplantation industry provide a holistic approach to this study.
Market Segmentation
This section of the corneal transplantation market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Penetrating Keratoplasty
- Endothelial Keratoplasty
- Descemet Stripping Automated Endothelial Keratoplasty (DSAEK)
- Corneal Graft
- Corneal Limbal Stem Cell Transplant
- Others
By Disease Indication
- Fungal Keratitis
- Fuchs' Dystrophy
- Keratoconus
- Other Diseases
By End-Users
- Hospitals
- Eye Clinics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Corneal Transplantation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Corneal Transplantation Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the corneal transplantation market include CryoLife, Inc. (U.S.), Exactech, Inc. (U.S.), Köhler GmbH (U.S.) Lifeline Scientific (U.S), LifeCell Corporation (U.S.), Medtronic (U.S.), Organogenesis Inc. (U.S.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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