Europe Artificial Cornea and Corneal Implant Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Human Cornea, and Artificial Cornea), Transplant Type (Penetrating Keratoplasty, Endothelial Keratoplasty, and Others), Disease Indication (Fuchs’ Dystrophy, Keratoconus, Fungal Keratitis, and Others) and End User (Hospitals, Specialty Clinics and ASCs, and Others)
Market Introduction
An artificial cornea implant is a surgery to eliminate all or part of a damaged cornea and replace it with healthy donor tissue. But, currently, there shortage of cornea donors worldwide, and eye and tissue banking is also not carrying in many countries. Meanwhile, there is always the possibility that the human eye will reject the transplantation, which can cause infection or lack of vision. Cornea Implant is usually performed under certain conditions such as keratoconus, degenerative disease, or other. The artificial cornea tissue can be made up of polymer plastic such as silica material. Artificial cornea implant is of two types, i.e., synthetic cornea implant and biosynthetic cornea implant.
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Market Overview and Dynamics
The Europe artificial cornea and corneal implant market is expected to reach US$ 196.62 million by 2028 from an estimated value of US$ 123.20 million in 2021; it is likely to grow at a CAGR of 7.4% from 2021 to 2028. The key factors that are driving the growth of market are rising prevalence of eye diseases that causes corneal blindness, significantly rising elderly population are factors propelling the artificial cornea and corneal implant market. However, the expensive ophthalmology surgeries and devices may hamper the growth of the Europe artificial cornea and corneal implant market in the forecast period.
Rise in geriatric population in developed countries such as the US, the UK and in developing countries such as China, India, and South Korea is driven by the modernization of healthcare facilities and improvements in healthcare services, which have boosted the life expectancy in these countries. According to the United Nation’s World Population Ageing 2017 report, in 2017, Europe had the world’s highest percentage of people of age more than 60, i.e., 25%. Further, by 2050, all regions of the world, except Africa, would have ~25% or more of their populations aged 60 and above. The loss of vision is a major health problem among the elderlies. At the age of 65, one-third of people suffer from an eye disease with impaired vision. Age-related macular degeneration, glaucoma, cataracts, and diabetic retinopathy are the most common causes of vision loss among the people from this age group. Age-related macular degeneration results in the loss of central vision. Optic nerve injury and visual field loss can occur as a result of primary open-angle glaucoma. As this ailment can be asymptomatic at first, elderly people should have regular check-ups. Although cataracts are a common source of visual issues in these people, surgeries to remove them is usually successful. Diabetic retinopathy is also common among the older people during the early stages of diabetes or at the time of diagnosis. When a patient is diagnosed with diabetes, a mydriatic examination is recommended, as well as once a year thereafter. Thus, the rise in geriatric population is fuelling the artificial cornea and corneal implant market growth.
In all European countries, the COVID-19 pandemic resulted in a significant reduction in living and deceased corneal donor and transplantation. The reduction varied between locations within a country and was different for deceased and living donors. In the United Kingdom, there was early signs of deceased donation recovery. Despite considerable resource redirection to combat the epidemic, certain policy modifications were implemented at the national and transplant center levels to ensure safe transplantation. However, the number of corneal transplant procedures in Italy is increasing for several months, and even if it does, there will be a shortage of available. The COVID-19 pandemic worst impacts hospital services. The hospitals are overloaded with COVID-19 patients and other routine patients. Many corneal donor specialists were reassigned to various tasks in ICUs and other COVID-19 related programmes. Due to the ongoing pandemic situation in the European regions, the hospitals in countries such as the UK, Italy, Germany, and others are affected worst affected.
Key Market Segments
The Europe artificial cornea and corneal implant market based on type is segmented into human cornea, and artificial cornea. In 2021, the human cornea segment is likely to hold the largest share of the market, however artificial cornea is expected to grow at the highest CAGR during the forecast period.
The Europe artificial cornea and corneal implant market based on the transplant type is segmented into penetrating keratoplasty, endothelial keratoplasty, and others. In 2021, the penetrating keratoplasty segment is likely to hold the largest share of the market however, endothelial keratoplasty is expected to grow at the fastest rate during the coming years.
The Europe artificial cornea and corneal implant market by disease indication, is segmented into Fuchs’ Dystrophy, keratoconus, fungal keratitis, others. The Fuchs’ Dystrophy segment is likely to hold the largest share of the market in 2021, however the fungal keratitis segment is anticipated to register the highest CAGR of the market during the forecast period.
The Europe artificial cornea and corneal implant market by end user, is segmented into hospitals, specialty clinics and ASCs and others. The specialty clinics and ASCs segment are likely to hold the largest share of the market in 2021 is anticipated to register the highest CAGR of the market during the forecast period.
Major Sources and Companies Listed
A few of the primary and secondary sources associated with this report on the Europe artificial cornea and corneal implant market are the Royal National Institute of Blind People (RNIB), Spanish National Institute of Statistics (INE) and Ministry of Health (MoH).
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EUROPE ARTIFICIAL CORNEA AND CORNEAL IMPLANT MARKET SEGMENTATION
By Type
- Human Cornea
- Artificial Cornea
By Transplant Type
- Penetrating Keratoplasty
- Endothelial Keratoplasty
- Others
By Disease Indication
- Fuchs’ Dystrophy
- Keratoconus
- Fungal Keratitis
- Others
By End User
- Hospitals
- Specialty Clinics and ASCs
- Others
By Country
- AJL OPHTHALMIC S.A
- LinkoCare Life Sciences AB
- CORNEA BIOSCIENCES, INC
- EyeYon Medical
- Florida Lions Eye Bank
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Artificial Cornea and Corneal Implant Market – By Type
1.3.2 Europe Artificial Cornea and Corneal Implant Market – By Transplant Type
1.3.3 Europe Artificial Cornea and Corneal Implant Market – By Disease Indication
1.3.4 Europe Artificial Cornea and Corneal Implant Market – By End User
1.3.5 Europe Artificial Cornea and Corneal Implant Market – By Country
2. Artificial Cornea and Corneal Implant Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Artificial Cornea and Corneal Implant Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe– PEST Analysis
5. Artificial Cornea and Corneal Implant Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Eye Diseases Causing Corneal Blindness
5.1.2 Significant Rise in Elderly Population
5.2 Market Restraints
5.2.1 Expensive Ophthalmology Surgeries and Devices
5.3 Market Opportunities
5.3.1 Shortage of Corneal Donors
5.4 Future Trends
5.4.1 3D-Printed Human Corneas
5.5 Impact Analysis
6. Artificial Cornea and Corneal Implant Market – Europe Analysis
6.1 Europe Artificial Cornea and Corneal Implant Market Revenue Forecast and Analysis
7. Artificial Cornea and Corneal Implant Market Analysis – By Type
7.1 Overview
7.2 Artificial Cornea and Corneal Implant Market, by Type 2021 & 2028 (%)
7.3 Human Cornea
7.3.1 Overview
7.3.2 Human Cornea: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Artificial Cornea
7.4.1 Overview
7.4.2 Artificial Cornea: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
8. Artificial Cornea and Corneal Implant Market Analysis – By Transplant Type
8.1 Overview
8.2 Artificial Cornea and Corneal Implant Market, by Transplant Type 2021 & 2028 (%)
8.3 Penetrating Keratoplasty
8.3.1 Overview
8.3.2 Penetrating Keratoplasty: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Endothelial Keratoplasty
8.4.1 Overview
8.4.2 Endothelial Keratoplasty: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
9. Artificial Cornea and Corneal Implant Market Analysis – By Disease Indication
9.1 Overview
9.2 Artificial Cornea and Corneal Implant Market Revenue Share, by Disease Indication (2021 and 2028)
9.3 Fuchs’ Dystrophy
9.3.1 Overview
9.3.2 Fuchs’ Dystrophy: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Keratoconus
9.4.1 Overview
9.4.2 Keratoconus: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Fungal Keratitis
9.5.1 Overview
9.5.2 Fungal Keratitis: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
10. Artificial Cornea and Corneal Implant Market Analysis – By End User
10.1 Overview
10.2 Artificial Cornea and Corneal Implant Market Revenue Share, by End User (2021 and 2028)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Specialty Clinics and ASCs
10.4.1 Overview
10.4.2 Specialty Clinics and ASCs: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11. Artificial Cornea and Corneal Implant Market –Europe Analysis
11.1 Europe: Artificial Cornea and Corneal Implant Market
11.1.1 Overview
11.1.2 Europe: Artificial Cornea and Corneal Implant Market, by Country, 2021 & 2028 (%)
11.1.2.1 Germany: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.1 Germany: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1.2 Germany: Artificial Cornea and Corneal Implant Market , By Type, 2019–2028 (US$ Million)
11.1.2.1.3 Germany: Artificial Cornea and Corneal Implant Market , By Transplant Type, 2019–2028 (US$ Million)
11.1.2.1.4 Germany: Artificial Cornea and Corneal Implant Market , by Disease Indication, 2019–2028 (US$ Million)
11.1.2.1.5 Germany: Artificial Cornea and Corneal Implant Market , by End User, 2019–2028 (US$ Million)
11.1.2.2 France: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.1 France: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.2.2 France: Artificial Cornea and Corneal Implant Market , By Type, 2019–2028 (US$ Million)
11.1.2.2.3 France: Artificial Cornea and Corneal Implant Market , By Transplant Type, 2019–2028 (US$ Million)
11.1.2.2.4 France: Artificial Cornea and Corneal Implant Market , by Disease Indication, 2019–2028 (US$ Million)
11.1.2.2.5 France: Artificial Cornea and Corneal Implant Market , by End user, 2019–2028 (US$ Million)
11.1.2.3 UK: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.1 UK: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.3.2 UK: Artificial Cornea and Corneal Implant Market , By Type, 2019–2028 (US$ Million)
11.1.2.3.3 UK: Artificial Cornea and Corneal Implant Market , By Transplant Type, 2019–2028 (US$ Million)
11.1.2.3.4 UK: Artificial Cornea and Corneal Implant Market , by Disease Indication, 2019–2028 (US$ Million)
11.1.2.3.5 UK: Artificial Cornea and Corneal Implant Market , by End User, 2019–2028 (US$ Million)
11.1.2.4 Italy: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.4.1 Italy: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.4.2 Italy: Artificial Cornea and Corneal Implant Market , By Type, 2019–2028 (US$ Million)
11.1.2.4.3 Italy: Artificial Cornea and Corneal Implant Market , By Transplant Type, 2019–2028 (US$ Million)
11.1.2.4.4 Italy: Artificial Cornea and Corneal Implant Market , by Disease Indication, 2019-2028 (US$ Million)
11.1.2.4.5 Italy: Artificial Cornea and Corneal Implant Market , by End User, 2019-2028 (US$ Million)
11.1.2.5 Spain: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.5.1 Spain: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.5.2 Spain: Artificial Cornea and Corneal Implant Market , By Type, 2019–2028 (US$ Million)
11.1.2.5.3 Spain: Artificial Cornea and Corneal Implant Market , By Transplant Type, 2019–2028 (US$ Million)
11.1.2.5.4 Spain: Artificial Cornea and Corneal Implant Market , by Disease Indication, 2019–2028 (US$ Million)
11.1.2.5.5 Spain: Artificial Cornea and Corneal Implant Market , by End User, 2019–2028 (US$ Million)
11.1.2.6 Rest of Europe: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.6.1 Rest of Europe: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.6.2 Rest of Europe: Artificial Cornea and Corneal Implant Market , By Type, 2019–2028 (US$ Million)
11.1.2.6.3 Rest of Europe: Artificial Cornea and Corneal Implant Market , By Transplant Type, 2019–2028 (US$ Million)
11.1.2.6.4 Rest of Europe: Artificial Cornea and Corneal Implant Market , by Disease Indication, 2019–2028 (US$ Million)
11.1.2.6.5 Rest of Europe: Artificial Cornea and Corneal Implant Market , By End User, 2019–2028 (US$ Million)
12. Impact Of COVID-19 Pandemic on Artificial Cornea and Corneal Implant Market
12.1 Europe: Impact Assessment of COVID-19 Pandemic
13. Artificial Cornea and Corneal Implant Market–Industry Landscape
13.1 Overview
13.2 Inorganic Growth Strategies
13.2.1 Overview
13.3 Organic Growth Strategies
13.3.1 Overview
14. Company Profiles
14.1 AJL OPHTHALMIC S.A
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 CORNEA BIOSCIENCES, INC.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 LinkoCare Life Sciences AB
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 EyeYon Medical
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 inancial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Florida Lions Eye Bank
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany: Artificial Cornea and Corneal Implant Market , By Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Artificial Cornea and Corneal Implant Market , By Transplant Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Artificial Cornea and Corneal Implant Market , by Disease Indication – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Artificial Cornea and Corneal Implant Market , by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Artificial Cornea and Corneal Implant Market , By Type– Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Artificial Cornea and Corneal Implant Market , By Transplant Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Artificial Cornea and Corneal Implant Market , by Disease Indication – Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Artificial Cornea and Corneal Implant Market , by End user – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Artificial Cornea and Corneal Implant Market , By Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. UK: Artificial Cornea and Corneal Implant Market , By Transplant Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: Artificial Cornea and Corneal Implant Market , by Disease Indication – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Artificial Cornea and Corneal Implant Market , by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Artificial Cornea and Corneal Implant Market , By Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy: Artificial Cornea and Corneal Implant Market , By Transplant Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy: Artificial Cornea and Corneal Implant Market , by Disease Indication – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Artificial Cornea and Corneal Implant Market , by End User – Revenue and Forecast to 2028 (US$ Million)
Table 17. Spain: Artificial Cornea and Corneal Implant Market , By Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Spain: Artificial Cornea and Corneal Implant Market , By Transplant Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Spain: Artificial Cornea and Corneal Implant Market , by Disease Indication – Revenue and Forecast to 2028 (US$ Million)
Table 20. Spain: Artificial Cornea and Corneal Implant Market , by End User – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Europe: Artificial Cornea and Corneal Implant Market , By Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Artificial Cornea and Corneal Implant Market , By Transplant Type– Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: Artificial Cornea and Corneal Implant Market , by Disease Indication– Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe: Artificial Cornea and Corneal Implant Market , By End User – Revenue and Forecast to 2028 (US$ Million)
Table 25. Recent Inorganic Growth Strategies in the Artificial Cornea and Corneal Implant Market
Table 26. Recent Organic Growth Strategies in the Artificial Cornea and Corneal Implant Market
Table 27. Glossary of Terms, Artificial Cornea and Corneal Implant Market
LIST OF FIGURES
Figure 1. Artificial Cornea and Corneal Implant Market Segmentation
Figure 2. Artificial Cornea and Corneal Implant Market Segmentation, By Country
Figure 3. Artificial Cornea and Corneal Implant Market Overview
Figure 4. Human Cornea Segment Held the Largest Share of the Type Segment in Artificial Cornea and Corneal Implant Market
Figure 5. Europe Artificial Cornea and Corneal Implant Market – Leading Country Markets (US$ Million)
Figure 6. Europe and PEST Analysis
Figure 7. Europe Artificial Cornea and Corneal Implant Market – Revenue Forecast and Analysis – 2020- 2028
Figure 8. Artificial Cornea and Corneal Implant Market, by Type 2021 & 2028 (%)
Figure 9. Human Cornea: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Artificial Cornea: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Artificial Cornea and Corneal Implant Market, by Transplant Type 2021 & 2028 (%)
Figure 12. Penetrating Keratoplasty: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Endothelial Keratoplasty: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Artificial Cornea and Corneal Implant Market Revenue Share, by (2021 and 2028)
Figure 16. Fuchs’ Dystrophy: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Keratoconus: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Fungal Keratitis: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Artificial Cornea and Corneal Implant Market Revenue Share, by End User (2021 and 2028)
Figure 21. Hospitals & Clinics: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Specialty Clinics and ASCs: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe: Artificial Cornea and Corneal Implant Market, by Key Country – Revenue (2021) (US$ Million)
Figure 25. Europe: Artificial Cornea and Corneal Implant Market , by Country, 2021 & 2028 (%)
Figure 26. Germany: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. France: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. UK: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Italy: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Spain: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of Europe: Artificial Cornea and Corneal Implant Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in European Country Markets
- AJL OPHTHALMIC S.A
- LinkoCare Life Sciences AB
- CORNEA BIOSCIENCES, INC
- EyeYon Medical
- Florida Lions Eye Bank
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