India Intraocular Lenses Market By Traditional/Monofocal IOLs

Synopsis
The above chart is India Intraocular Lenses Market By Traditional/Monofocal IOLs 2018-2027 (USD Million)

Market Dynamics

the india intraocular lenses (iols) market has been experiencing significant demand for traditional/monofocal iols, which are the most commonly used intraocular lenses for cataract surgery. this demand can be attributed to several factors such as increasing prevalence of cataracts, growing elderly population, advancements in technology, and rising disposable income. cataracts are a leading cause of blindness in india, with an estimated 8 million people suffering from the condition. this has led to a significant rise in the number of cataract surgeries being performed in the country, resulting in an increased demand for intraocular lenses. monofocal iols are considered the gold standard for cataract surgery and are preferred by both patients and ophthalmologists due to their long-term safety and effectiveness. moreover, the elderly population in india is growing rapidly, with a current estimate of over 100 million people aged 60 and above. as cataracts are more prevalent in older age groups, the increasing geriatric population is expected to drive the demand for traditional/monofocal iols in the country. the advancements in technology have also contributed to the demand for traditional/monofocal iols in india. the introduction of newer materials and designs of these iols has led to improved visual outcomes and reduced post-operative complications, making them a preferred choice for patients. additionally, the availability of advanced surgical techniques such as microincision cataract surgery (mics) and femtosecond laser-assisted cataract surgery (flacs) have also increased the demand for traditional/monofocal iols. another factor driving the demand for traditional/monofocal iols is the rising disposable income of the middle-class population in india. with increasing awareness about eye health and the availability of affordable cataract surgeries, more people are opting for the procedure, leading to a higher demand for intraocular lenses. furthermore, traditional/monofocal iols have a relatively lower cost compared to other types of iols, making them accessible to a wider population. this makes them a more viable option for patients who may not be able to afford premium iols such as multifocal or toric iols. in conclusion, the demand for traditional/monofocal iols in the india intraocular lenses market is driven by the increasing prevalence of cataracts, growing elderly population, advancements in technology, and rising disposable income. these factors are expected to continue contributing to the market demand for traditional/monofocal iols in the coming years.