The rising incidence of corneal diseases such as keratoconus,
Fuchs' dystrophy, and corneal scarring from infections and injuries
is driving demand for corneal transplants.
WILMINGTON, Del., July 16, 2024 /PRNewswire/ -- The corneal
transplant market was projected to attain US$ 444.3 million in 2023. It is likely to
garner a 5.6% CAGR from 2024 to 2034, and by 2034, the
market is expected to attain US$ 805.8
million.
Innovations in corneal transplant procedures, such as Descemet's
Membrane Endothelial Keratoplasty (DMEK) and Descemet's Stripping
Endothelial Keratoplasty (DSEK), have improved outcomes and reduced
recovery times, making these surgeries more attractive to patients
and practitioners.
Development and use of bioengineered corneas and
keratoprostheses (artificial corneas) are gaining traction,
offering alternatives for patients who are not candidates for
traditional corneal transplants. There is a trend towards minimally
invasive corneal transplant techniques, which offer quicker
recovery times and fewer complications.
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Increased awareness about eye health and regular eye screening
programs are helping in early detection of corneal diseases,
thereby increasing the number of patients seeking treatment.
Advances in diagnostic tools, imaging technologies, and surgical
instruments are improving the precision and success rates of
corneal transplant surgeries.
Key Findings of Market Report
- Research into stem cell therapies and regenerative medicine
holds the potential to offer new treatments for corneal diseases,
potentially reducing the need for donor corneas.
- Investing in the education and training of ophthalmologists and
eye care professionals in advanced corneal transplant techniques
can increase the number of qualified surgeons, thereby expanding
the market.
- Chronic conditions such as diabetes can lead to complications
like diabetic retinopathy, which increases the risk of corneal
complications requiring transplants.
- Increased participation in sports and recreational activities
contribute to a higher incidence of eye injuries, necessitating
corneal transplants.
Corneal Transplant Market Report Scope:
Report
Coverage
|
Details
|
Forecast
Period
|
2024-2034
|
Base
Year
|
2020-2022
|
Size in 2023
|
US$ 444.3 Mn
|
Forecast (Value) in
2034
|
US$ 805.8 Mn
|
Growth Rate
(CAGR)
|
5.6 %
|
No. of
Pages
|
138
Pages
|
Segments
covered
|
By Procedure Type, By
Indication, By Region, By End-user
|
Market Trends for Corneal Transplant
- By procedure type, the endothelial keratoplasty segment is
expected to augment the growth of the corneal transplant
market.
- Endothelial Keratoplasty, particularly
Descemet's Stripping Automated Endothelial
Keratoplasty (DSAEK) and Descemet Membrane Endothelial
Keratoplasty (DMEK), offers better visual outcomes compared to
traditional penetrating keratoplasty.
- The precise replacement of the diseased endothelial layer
results in quicker visual recovery and better visual acuity.
- On the basis of indication, the keratoconus segment
is anticipated to accelerate the market growth.
- Keratoconus, a progressive thinning and bulging of the cornea,
is becoming increasingly prevalent worldwide.
- The rise in incidence is driving the demand for corneal
transplants as a definitive treatment for advanced cases.
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Global Market for Corneal Transplant: Regional
Outlook
North America
- The increasing incidence of corneal diseases such
as keratoconus, Fuchs' dystrophy, and other corneal
degenerations in North America is
driving the demand for corneal transplants.
- The region's well-developed healthcare system with advanced
medical facilities and technologies supports high-quality surgical
procedures, including corneal transplants.
- Substantial investments in research and development in
ophthalmology and corneal transplant techniques lead to innovative
treatments and improved surgical outcomes, boosting market
growth.
Asia Pacific
- Enhanced awareness campaigns and regular eye screening programs
are improving the early diagnosis and treatment of corneal
diseases, leading to higher demand for transplants.
- Countries like India,
Thailand, and Singapore are becoming popular destinations
for medical tourism due to the availability of high-quality and
cost-effective medical care, including corneal transplants.
- Adoption of advanced surgical techniques and technologies, such
as lamellar keratoplasty and femtosecond lasers, are
enhancing the success rates and outcomes of corneal
transplants.
Corneal Transplant Market: Key Players
The competitive landscape of the corneal transplant market
involves several key players competing globally to provide
innovative solutions for corneal diseases and disorders. The
following companies are well known participants in the corneal
transplant market:
- CryoLife Inc.
- ExaTech Inc.
- Köhler GmbH
- Lifeline Scientific Inc.
- LifeCell
- Medtronic
- DIOPTEX Medizinprodukte
- Presbia Plc
- KeraMed Inc.
- LinkoCare Life Sciences AB
Key Developments
- In 2022, Beijing Microkpro Medical Instrument Co. Ltd.
achieved marketing approval from China's National Medical Products
Administration (NMPA) for its innovative artificial cornea named
Miok Keratoprosthesis.
- Marking a significant milestone, Miok
Keratoprosthesis stands out as the inaugural artificial cornea
entirely composed of 100% non-biological materials, eliminating the
need for co-implantation of donor corneas.
Corneal Transplant Market Segmentation
Procedure Type
- Penetrating Keratoplasty
- Endothelial Keratoplasty
- Descemet Stripping Automated Endothelial
Keratoplasty (DSAEK)
- Corneal Graft
- Corneal Limbal Stem Cell Transplant
- Others (Deep Anterior Lamellar Keratoplasty, etc.)
Indication
- Fungal Corneal Ulcer
- Bullous Keratopathy
- Keratoconus
- Keratitis
- Others (Corneal Perforation, etc.)
End User
- Hospitals
- Eye Clinics
- Others (Research Institutes, etc.)
Region
• North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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