India Intraocular Lenses Market By Type

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

Market Dynamics

india has emerged as a growing market for intraocular lenses, owing to the increasing prevalence of cataract and age-related macular degeneration (amd) among the population. intraocular lenses (iols) are medical devices placed in the eye during cataract surgery to replace the natural crystalline lens that has become cloudy. they improve vision and restore clarity in vision, making them a popular choice among patients. there are various types of intraocular lenses available in the indian market, catering to different patient needs. the most commonly used types include monofocal, multifocal, toric, and accommodative. monofocal lenses have a single focus, enabling clear vision at a fixed distance, whereas multifocal lenses have multiple zones for different distances, providing a range of vision. toric lenses are designed to correct astigmatism, and accommodative lenses mimic the natural movement of the eye's lens to adjust focus. one of the main drivers of demand for intraocular lenses in india is the rising prevalence of cataract among the aging population. according to a report by the all india ophthalmological society, cataract is the leading cause of blindness in india, accounting for 66.2% of all cases. with an estimated 3.8 million people becoming blind due to cataract each year, there is a significant need for cataract surgery and the use of intraocular lenses. moreover, advancements in technology and medical procedures have made indian ophthalmologists more capable and confident in performing cataract surgeries. this has significantly increased the demand for premium intraocular lenses, such as multifocal and toric lenses, as patients are now willing to pay for better vision outcomes. the presence of a large number of healthcare facilities and clinics across india, especially in urban areas, has also contributed to the growth of the intraocular lenses market. these facilities have state-of-the-art equipment and highly skilled ophthalmologists, making india a popular destination for medical tourism for eye surgeries. in addition, the indian government's initiatives to improve access to affordable healthcare and promote universal health coverage have led to an increase in the number of cataract surgeries, further boosting the demand for intraocular lenses. in conclusion, the indian intraocular lenses market is witnessing a steady growth due to several favorable factors such as increasing prevalence of cataract, improved surgical techniques, and government initiatives. with advancements in technology and the introduction of new types of intraocular lenses, the demand for these devices is expected to continue to rise in the country.