The global corneal implants market was valued at USD 439.8 million in 2023, growing at a CAGR of 6.1% from 2024 to 2033. The market is expected to reach USD 795.0 million by 2033. The rising prevalence of corneal diseases drives the growth of the corneal implant market. Additionally, the market is growing due to the rise in corneal blindness in emerging nations and the demand for corneal transplants.
A corneal implant, sometimes called a corneal graft, is a surgical process in which a donor cornea is used to replace a damaged cornea. The cornea is the transparent, dome-shaped outer layer of the eye responsible for concentrating light onto the retina, making it vital for vision. Corneal implants are usually advised when the cornea becomes hazy, scarred, or distorted due to keratoconus, Fuchs' dystrophy, corneal damage, or infections. These diseases frequently come with vision impairment, pain, and light sensitivity, all of which call for attention. Corneal transplants come in various forms, targeting different layers of the cornea with partial-thickness (lamellar) and full-thickness (penetrating) transplants. The kind of transplant chosen is influenced by the patient's condition and medical recommendations. In 116 countries, about 185,000 corneal transplants are performed each year. In 82 countries, 284,000 corneas are obtained concurrently. An estimated 12.7 million people are on the waiting list for corneal transplants, with only one in seven requests being fulfilled worldwide.
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In 2022, The affordable, implantable CorNeat KPro artificial cornea will be made by CorNeat Vision. The CorNeat KPro is designed to completely and instantly restore the vision of patients who are corneally blind. It is meant to repair corneas that have been injured, deformed, or opacified.
In 2022, A collaborative licence agreement for corneal endothelial cell regeneration therapy in Greater China was obtained by Celregen and Cellusion Inc.
In 2022, Precise Bio and Carl Zeiss Meditec partnered to develop and produce tissue-based implants for ophthalmology.
Increasing incidence of corneal diseases- The market for corneal implants is expanding substantially due to the rising prevalence of corneal disorders. Various disorders that impact the cornea, the clear front surface of the eye, are called corneal illnesses. Genetic factors, ocular trauma, infections, or degenerative changes can all cause these diseases. Keratoconus, Fuchs' endothelial dystrophy, and corneal injuries from infections or accidents are a few of the frequent corneal illnesses. One important element influencing the increased prevalence of corneal disorders is lifestyle changes. Long-term screen time, exposure to environmental toxins, and increased contact lens wear are common aspects of modern lives that raise the risk of corneal issues. Corneal disorders can also arise as a result of age-related changes and hereditary predisposition.
Regulatory approval- Corneal implants' development and regulatory approval are subject to strict procedures and guidelines. While these rules are necessary to guarantee the effectiveness and safety of medical devices, they also pose difficulties for researchers and producers in the corneal implant sector. Medical devices, such as corneal implants, go through several stages of development, including preclinical testing and clinical trials. These tests are carried out to determine the safety and efficacy of the implant in treating particular eye disorders. To substantiate safety and efficacy claims, regulatory bodies like the European Medicines Agency (EMA) in Europe and the U.S. Food and Drug Administration (FDA) in the United States need copious amounts of data.
Technological advancements in corneal implants- Technological advancements are expected to propel the growth and development of the corneal implant market. Ultimately aiming to improve patient outcomes and expand the application of this revolutionary medical intervention, these advancements encompass a range of corneal implant research domains, such as composition, production techniques, and architecture. For example, in 2022, medical professionals and polymer scientists from the University of Melbourne collaborated to create a novel, patentable method that might improve outcomes for patients having corneal transplant surgery. Thus, technological advancements in corneal implants are expected to provide growth opportunities for the market during the forecast period.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global corneal implants market, with a 48.9% market revenue share in 2023.
The market for corneal implants in North America has grown significantly in recent years due to several variables that reflect changing healthcare trends and technological improvements. The need for corneal implants has increased due to the growing incidence of corneal conditions, including keratoconus, dystrophies, and corneal scarring. There is a sizable patient base for corneal implant operations because these disorders can significantly impair vision and necessitate surgical intervention. The ongoing advancements in corneal implant technologies have enhanced the safety and effectiveness of treatments. Advancements like artificial corneas and improved biocompatible materials have improved surgical results and increased patient and physician interest in these implants.
North America Region Corneal Implants Market Share in 2023 - 48.9%
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The type segment is divided into synthetic and human cornea. The human cornea segment dominated the market, with a market share of around 59% in 2023. Some of the reasons contributing to the greatest revenue share of this category are enhanced visual acuity (VA) outcomes and a high success rate of the human cornea, which is believed to be as high as 95% with minimal requirements of recurrent follow-ups.
The surgery method segment is divided into endothelial keratoplasty and penetrating keratoplasty. The penetrating keratoplasty segment dominated the market, with a market share of around 54% in 2023. Since penetrating keratoplasty is a recognised safe and effective surgery, it is the standard procedure for corneal transplantation. According to the Eye Bank Association of America, 46% of the cornea produced by the eye bank was utilised for penetrating keratoplasty. Its acceptance rate has gradually decreased recently due to the availability of substitute techniques that yield encouraging outcomes.
The application segment is divided into fuchs dystrophy, corneal ulcers, keratoconus, infectious keratitis, and others. The fuchs dystrophy segment dominated the market, with a market share of around 28% in 2023. The expansion of this segment is anticipated to be driven by the ageing population, which is more likely to develop fuchs dystrophy. Fuchs dystrophy is a corneal ailment expected to become more common as the world's population ages. This rising incidence emphasises how much more commonplace therapeutic techniques like corneal implants are becoming.
The end-user segment is divided into ambulatory surgical centres, ophthalmic centres, and hospitals. The hospital segment dominated the market, with a market share of around 43% in 2023. The factors anticipated to propel the expansion of this segment are the availability of international eye banks, the prevalence of highly skilled surgeons, and the increasing number of patients. The enhanced infrastructure that has led to the rise of the hospital segment is linked to rapid technological advancements.
|Revenue (USD Million)
|Market size value in 2023
|USD 439.8 Million
|Market size value in 2033
|USD 795.0 Million
|CAGR (2024 to 2033)
|The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
|Type, Surgery Method, Application, End-User
As per The Brainy Insights, the size of the corneal implants market was valued at USD 439.8 million in 2023 to USD 795.0 million by 2033.
The global corneal implants market is growing at a CAGR of 6.1% during the forecast period 2024-2033.
North America emerged as the largest corneal implants market.
Key players in the corneal implants market are AJL Opthalmic SA, KeraMed, Inc, CorNeat Vision, LinkoCare Life Sciences AB, DIOPTEX, Aurolab, CorneaGen, Presbia Plc, Mediphacos, and EyeYon Medical.
This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global corneal implants market based on the below-mentioned segments:
Global Corneal Implants Market By Type:
Global Corneal Implants Market By Surgery Method:
Global Corneal Implants Market By Application:
Global Corneal Implants Market By End-User:
Global Corneal Implants Market By Region:
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