Spain Intraocular Lenses Market By Traditional/Monofocal IOLs , 2018-2027 (USD Million)

Year ASPHERIC MONOFOCAL IOLS SPHERIC MONOFOCAL IOLS
2018 $ 30.04 $ 13.92
2019 $ 32.23 $ 14.75
2020 $ 33.33 $ 15.06
2021 $ 35.57 $ 15.87
2022 $ 37.73 $ 16.62
2023 $ 40.03 $ 17.4
2024 $ 42.46 $ 18.22
2025 $ 45.03 $ 19.07
2026 $ 47.75 $ 19.96
2027 $ 50.64 $ 20.88
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Spain Intraocular Lenses Market By Traditional/Monofocal IOLs , 2018-2027 (USD Million)

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

Market Dynamics

the spain intraocular lenses (iol) market is undergoing significant changes with the increasing demand for traditional or monofocal iols. these lenses have been widely used in the country for decades and continue to remain the preferred choice for patients requiring cataract surgery or correction of refractive errors. one of the key factors driving the demand for traditional iols in spain is the high prevalence of cataract surgery. according to the spanish society of ophthalmology, the country performed around 280,000 cataract surgeries in 2019, making it one of the leading european countries for this procedure. as cataracts are primarily a disease of aging, the growing elderly population in spain is expected to further increase the demand for cataract surgeries and subsequently, traditional iols. another prominent driver of the traditional iol market in spain is the cost-effectiveness of these lenses compared to newer, premium iols. traditional iols have a relatively low cost and provide good visual outcomes for patients with high refractive errors or astigmatism. they are an attractive option for budget-conscious patients or those who do not wish to spend extra on premium lenses. moreover, technological advancements have also contributed to the demand for traditional iols in spain. the development of aspheric monofocal iols has improved the quality of vision for patients, reducing post-operative complications such as glare and halos. additionally, the availability of micro incision cataract surgery (mics) has made the insertion of traditional iols easier and less invasive, making them a more appealing option for patients. the rise of medical tourism in spain is also a major factor fueling the demand for traditional iols. the country's well-developed healthcare infrastructure and skilled ophthalmologists have made it a popular destination for cataract surgeries, attracting patients from neighboring countries. the perceived reliability and affordability of traditional iols in spain have, thus, made them a preferred choice for international patients. in conclusion, the demand for traditional iols in spain is expected to continue its upward trend in the coming years. although newer premium iols are gaining popularity, factors such as high cataract prevalence, cost-effectiveness, technological advancements, and medical tourism are likely to keep traditional iols as the dominant choice for vision correction in the country.

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