US Intraocular Lenses Market By Type, 2018-2027 (USD Million)

Year TRADITIONAL/MONOFOCAL IOLS MULTIFOCAL IOLS TORIC ACCOMMODATING IOLS EXTENDED DEPTH-OF-FOCUS (EDOF) IOLS PHAKIC IOLS
2018 $ 541.54 $ 155.71 $ 120.79 $ 58.23 $ 63.79 $ 24.82
2019 $ 582.44 $ 169.97 $ 129.55 $ 61.15 $ 67.36 $ 25.91
2020 $ 603.67 $ 178.74 $ 133.89 $ 61.84 $ 68.53 $ 26.04
2021 $ 645.59 $ 193.91 $ 142.78 $ 64.5 $ 71.92 $ 26.98
2022 $ 686.53 $ 209.12 $ 151.4 $ 66.86 $ 75.03 $ 27.77
2023 $ 730.04 $ 225.47 $ 160.54 $ 69.26 $ 78.24 $ 28.56
2024 $ 776.28 $ 243.04 $ 170.23 $ 71.69 $ 81.56 $ 29.33
2025 $ 825.43 $ 261.91 $ 180.49 $ 74.16 $ 84.98 $ 30.09
2026 $ 877.65 $ 282.17 $ 191.37 $ 76.66 $ 88.52 $ 30.83
2027 $ 933.16 $ 303.93 $ 202.9 $ 79.19 $ 92.17 $ 31.54
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US Intraocular Lenses Market By Type, 2018-2027 (USD Million)

Synopsis
The above chart is US Intraocular Lenses Market By Type, 2018-2027 (USD Million)

Market Dynamics

the intraocular lenses (iols) market in the united states has experienced significant growth in recent years due to the growing prevalence of cataracts and other age-related vision disorders. iols are a form of medical device that is implanted into the eye to replace the natural lens, providing improved vision for patients. they are a critical component of cataract surgery, which is one of the most common surgical procedures in the us. this demand for iols has been driven by factors such as an aging population, advancements in technology, and increasing awareness about the benefits of cataract surgery. when it comes to type, the us iols market can be segmented into monofocal, multifocal, and toric lenses. monofocal lenses are the most widely used type, accounting for the majority of the market share. these lenses provide clear vision at a single fixed distance, which is typically set for near or distance vision. multifocal lenses, on the other hand, provide clear vision at multiple distances, reducing the need for glasses or contact lenses after surgery. these lenses are becoming increasingly popular due to their ability to correct presbyopia, a common age-related condition that affects near vision. furthermore, toric lenses are a type of multifocal lens that also corrects for astigmatism, making them a preferred choice for patients with this condition. the demand for multifocal and toric iols is expected to increase in the coming years, driven by a growing demand for better visual outcomes and patients' desire to reduce dependence on glasses. ongoing technological advancements in iols, such as the development of extended depth of focus lenses, are also expected to drive demand for these types of lenses. these lenses provide a continuous range of vision without distinct visual zones, offering a more natural visual experience. in addition to cataract surgery, iols are also used in other procedures like refractive lens exchange and phacovitrectomy, further expanding their demand in the us market. as the population continues to age, the demand for these procedures and subsequent demand for iols is expected to rise. in conclusion, the demand for iols in the us market is driven by factors such as an aging population, advancements in technology, and increasing demand for better visual outcomes, with different types of iols catering to different patient needs.

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