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Global Ocular Implants Market is expected to grow at CAGR 5.5% by 2029 owing to demand for the products currently in development phase, says Absolute Markets Insights

Published On 28 Jun 2021 10:34 AM


Ocular implants are small devices that are designed to be inserted into the eye and the same delivers a drug locally over an extended period. These implants are rapidly gaining ground as a treatment option as patients continue to seek out convenient, less invasive treatments; the demand for these implants are expected to increase in the future years. In 2010, over 4 million people had some kind of vision impairment, a number expected to climb to roughly 7 million by 2030 and more than 12 million by 2050. Cases of macular degeneration alone have grown at the rate of 18% from 2000 to 2010 and are anticipated to more than double by 2050. Growing geriatric population has aided the ocular pharmaceutical space in recent years and is expected to continue the same trend over the forecast period.

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The FDA has fast-tracked Neurotech’s implant for stalling central vision loss in people with type 2 macular telangiectasia (MacTel). The device, Renexus, is a semipermeable fiber membrane filled with human retinal pigment epithelium cells that secrete ciliary neurotrophic factor (CNTF). It is inserted through a small scleral incision and sutured in place during a 20-minute outpatient procedure. Preclinical studies hint that the implant can slow photoreceptor loss for approximately 2 years.

Aurolab's IOL division was set up in the year 1992 with only 10 production staff to manufacture three piece PMMA intraocular lenses with technology transfer from the United States. The making the IOLs available at a price affordable for the rural patients was achieved when Aurolab delivered high quality IOLs at Rs.270/- per lens.

Subsequently aurolab invested and launched single piece PMMA IOLs in 1994. Over the years it built its reputation for consistent quality and ability to introduce new models as per the requirements of the ophthalmic surgeons. Low power IOLs, negative power IOLs, anterior chamber IOLs and scleral fixation IOLs and capsular tension rings were launched in regular intervals. In the year 1998, the IOL division received ISO certification and in 1999 received CE certification for its products. Both the certifications were first in the Indian IOL industry, which demonstrated our quality standard and quality consciousness.

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In the year 2002 Aurolab introduced its hydrophilic acrylic IOL and in 2007 its Hydrophobic acrylic IOL, Aurovue. Today, this division manufactures wide variety of IOLs including premium, new technology IOLs. Aurolab Lenses are exported to over 120 countries worldwide.

Along with is IOL manufacturing expertise, Aurolab also developed its designing capabilities. A refection of this capability was evident with the successful launch of 360 degree square edge design in PMMA lenses first and subsequently in hydrophilic and hydrophobic foldable IOLs, Negative aspheric design in foldable IOLs, modified CTRs and Keratoprosthesis.

PolyActiva is also developing a fully biodegradable treatment implant that can be used to treat an established endophthalmitis infection. This implant releases a combination of levofloxacin and steroid over a period of at least 5-days and biodegrades within 60-days into safe and non-toxic by-products.

Aerie is currently exploring sustained-release drug delivery technology to treat diabetic macular edema (DME). The product candidate AR-1105 is an intravitreal, fully biodegradable PRINT-manufactured implant that releases the steroid dexamethasone. The expectation is that this implant will provide six-month duration of action, thereby reducing treatment burden relative to other treatments for DME.

The detailed research study provides qualitative and quantitative analysis of the global ocular implants market. The ocular implants market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America

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Global Ocular Implants Market

  • By Product
    • Intraocular Lenses
    • Corneal Implants
    • Glaucoma Implants
    • Ocular Prosthesis
  • By Application
    • Glaucoma
    • Drug Delivery
  • By End-Use
    • Hospitals
    • Ophthalmic Clinics
    • Specialty Eye Institute
  • By Region
  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America


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Press Release Provided By: Absolute Markets Insights