UK Intraocular Lenses Market By Type,

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

Market Dynamics

the uk intraocular lenses market is witnessing a significant demand due to the increasing prevalence of eye diseases and disorders, growing elderly population, and advancements in technology. intraocular lenses (iols) are medical devices that are implanted in the eye during cataract surgery to replace the damaged natural lens. they are also used in refractive surgery to correct vision problems such as nearsightedness and farsightedness. in the uk, there is a rising number of people diagnosed with cataracts, which is expected to drive the demand for iols. according to a report by the royal national institute of blind people (rnib), there are around 360,000 people living with cataracts in the uk, and this number is projected to increase to 550,000 by 2020. moreover, the number of cataract surgeries in the uk is also increasing, with over 400,000 procedures performed annually. another major factor contributing to the demand for iols is the growing elderly population in the uk. according to the united nations, the proportion of people aged 65 and above in the uk is expected to increase from 18% in 2020 to 28% by 2050. as cataracts are more common in older individuals, the increasing elderly population is expected to drive the demand for iols in the country. furthermore, advancements in technology have led to the development of innovative iols, which are more efficient and provide better visual outcomes. for instance, multifocal and toric iols are gaining popularity due to their ability to correct vision at multiple distances and address astigmatism, respectively. these technological advancements have led to a rise in patient preference, thereby driving the demand for iols in the uk market. moreover, the increasing awareness about the benefits of iols, such as improved vision and reduced dependence on glasses or contact lenses, is also contributing to the market demand. many healthcare organizations and government initiatives in the uk are promoting the use of iols, which is expected to boost market growth. in conclusion, the uk intraocular lenses market is witnessing a significant demand due to factors such as the rising prevalence of eye diseases, growing elderly population, technological advancements, and increasing awareness. with the continuous development of new and innovative iols, the market is expected to witness further growth in the future.