Western Europe Intraocular Lenses Market By Type, 2018-2027 (USD Million)

Year TRADITIONAL/MONOFOCAL IOLS MULTIFOCAL IOLS TORIC ACCOMMODATING IOLS EXTENDED DEPTH-OF-FOCUS (EDOF) IOLS PHAKIC IOLS
2018 $ 479.46 $ 137.82 $ 107.33 $ 51.57 $ 56.49 $ 21.78
2019 $ 516.57 $ 150.66 $ 114.85 $ 54.21 $ 59.72 $ 22.78
2020 $ 536.35 $ 158.68 $ 118.43 $ 54.89 $ 60.83 $ 22.95
2021 $ 574.64 $ 172.41 $ 126.01 $ 57.32 $ 63.91 $ 23.84
2022 $ 612.19 $ 186.22 $ 133.31 $ 59.49 $ 66.75 $ 24.6
2023 $ 652.2 $ 201.1 $ 141.03 $ 61.7 $ 69.7 $ 25.37
2024 $ 694.82 $ 217.11 $ 149.19 $ 63.95 $ 72.75 $ 26.13
2025 $ 740.21 $ 234.34 $ 157.82 $ 66.24 $ 75.9 $ 26.88
2026 $ 788.57 $ 252.89 $ 166.93 $ 68.57 $ 79.17 $ 27.63
2027 $ 840.09 $ 272.84 $ 176.57 $ 70.92 $ 82.54 $ 28.37
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Western Europe Intraocular Lenses Market By Type, 2018-2027 (USD Million)

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

Market Dynamics

intraocular lenses, also known as iols, are prosthetic lenses used to replace the natural lenses inside the eye during cataract surgery. these lenses help to restore clear vision for individuals suffering from cataracts. western europe has a high demand for intraocular lenses due to the increasing prevalence of cataracts and the growing elderly population. one of the major factors driving the demand for intraocular lenses in western europe is the rising prevalence of cataracts. according to the world health organization, cataracts are the leading cause of blindness globally. in western europe, an estimated 3.2 million people are blind due to cataracts, with the number expected to increase as the population ages. this has led to a high demand for cataract surgeries and subsequently for intraocular lenses. furthermore, the growing elderly population in western europe is another significant factor driving the demand for intraocular lenses. as people age, their risk of developing cataracts increases. the united nations estimates that by 2050, one in four europeans will be aged 65 or over. this growing population of elderly individuals is expected to contribute to the demand for cataract surgeries and intraocular lenses. there are various types of intraocular lenses available in the western european market, including monofocal, toric, multifocal, and accommodating lenses. each type of lens offers unique benefits to patients, and the demand for these lenses varies based on the individual needs and preferences of patients. for instance, monofocal lenses provide clear vision at a single focal point and are often preferred for individuals with specific visual needs. toric lenses, on the other hand, are designed to correct astigmatism in addition to cataracts, making them a popular choice among patients. moreover, technological advancements in the design and material of intraocular lenses have also contributed to their demand in western europe. advances such as the use of advanced iol materials, greater precision in lens calculations, and improved surgical techniques have resulted in better visual outcomes for patients. this has increased patient confidence and willingness to undergo cataract surgery and opt for high-quality intraocular lenses. in conclusion, the demand for intraocular lenses in western europe is primarily driven by the increasing prevalence of cataracts, the growing elderly population, and technological advancements in the field. with the continuous development of new and innovative intraocular lenses, the demand for these devices in the region is expected to remain high in the foreseeable future.

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