North America Intraocular Lenses Market By , 2018-2027 (USD Million)

Year US CANADA
2018 $ 964.88 $ 118.28
2019 $ 1036.37 $ 124.55
2020 $ 1072.71 $ 126.35
2021 $ 1145.68 $ 132.22
2022 $ 1216.71 $ 137.53
2023 $ 1292.1 $ 143.0
2024 $ 1372.13 $ 148.63
2025 $ 1457.06 $ 154.41
2026 $ 1547.21 $ 160.36
2027 $ 1642.88 $ 166.46
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North America Intraocular Lenses Market By , 2018-2027 (USD Million)

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

Market Dynamics

the north america intraocular lenses market is witnessing high demand due to a number of factors including a rise in the prevalence of cataract, increasing adoption of minimally invasive surgeries, and a growing geriatric population. the region has a well-established healthcare infrastructure and advanced medical technology, which further contributes to the demand for intraocular lenses. one of the major factors driving the demand for intraocular lenses in north america is the high prevalence of cataract. according to the world health organization, cataract is the leading cause of blindness globally, accounting for around 17% of all visual impairments. in north america, it is estimated that over 24 million people above the age of 40 are affected by cataract. with the growing aging population in the region, the demand for cataract surgeries and intraocular lenses is expected to rise significantly. moreover, the adoption of minimally invasive surgeries in north america is another important factor contributing to the demand for intraocular lenses. minimally invasive surgeries have several advantages over traditional surgeries, including smaller incision size, reduced risk of infection, shorter hospital stays, and faster recovery time. intraocular lenses play a crucial role in these surgeries, as they are used to replace the natural lens of the eye, restoring vision for the patient. the growing aging population in north america is also a major factor in the demand for intraocular lenses. the number of people aged 65 and above is expected to double by 2050, according to the population reference bureau. with age, the risk of developing cataract and other age-related eye diseases increases, leading to a higher demand for intraocular lenses. additionally, the aging population in north america is more aware and open to advanced treatment options, further driving the demand for intraocular lenses. furthermore, the technological advancements in the region have led to the development of innovative and advanced intraocular lenses, such as multifocal and toric lenses, which cater to the specific needs of patients. this has also increased the demand for intraocular lenses in north america. in conclusion, the demand for intraocular lenses in north america is driven by the high prevalence of cataract, increasing adoption of minimally invasive surgeries, a growing aging population, and technological advancements. as the region continues to evolve and invest in advanced healthcare, the demand for intraocular lenses is expected to grow, providing better vision outcomes for patients.

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