Increase in Incidences of
Corneal Blindness Likely to Boost Keratoprosthesis (KPro) Market
·
Keratoprosthesis (KPro) is an artificial cornea
intended to restore vision in patients suffering from severe bilateral corneal
disease. There are two types of keratoprosthesis: penetrating keratoprosthesis
and non-penetrating keratoprosthesis.
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·
Penetrating keratoprosthesis is indicated in a
patient with vision less than 20/200 in the affected eye, patient with failed
cornea transplant with donor cornea and has low or no vision, patient with
congenital birth defects and other ocular problems, and patient who does not
have access to corneal transplant tissue. Non-penetrating keratoprosthesis is
indicated in corneal dystrophies, corneal edema, corneal scars, limbal stem
cell deficiency, etc.
·
Keratoprosthesis is the most common treatment
for severe corneal opacity. It is recommended when corneal transplant is not an
option.
·
Keratoprosthesis indications have expanded
significantly over the years and post-operative complications have reduced with
modifications in postoperative regimen and design of prosthesis. According to
an article published by the Indian Journal of Ophthalmology, the last decade
has experienced a surge in the number of keratoprosthesis procedures performed
worldwide.
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Key Drivers and Restraints of
Global Keratoprosthesis (KPro) Market
·
Blindness is one of the major public health
problems in developing countries. According to the World Health Organization,
corneal diseases are majorly responsible for blindness and vision loss after
glaucoma and cataract.
·
According to the International Agency for the
Prevention of Blindness (IAPB), corneal opacity accounts for 3.46% of the
global blindness. Corneal opacity is caused by a variety of disorders,
including nutritional, congenital, traumatic, infectious, hereditary, and
degenerative conditions.
·
Increase in prevalence of corneal blindness and
rise in the demand for technologically advanced corneal surgery equipment are
anticipated to drive the keratoprosthesis market during the forecast period.
Moreover, changes in lifestyle, aging population, and increase in awareness and
acceptance of several corneal surgery devices have driven manufacturers to
introduce devices that are patient-friendly, portable, and cost effective.
·
Keratoprosthesis has evolved over the years due
to product enhancement and decline in side effects of keratoplasty. The growth
of the ophthalmology industry can be attributed to periodic introduction of
novel technologies in the field of ophthalmic surgery. The need and preference
for improved health care facilities have created potential for development and commercialization
of surgical platforms.
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Biosynthetic Implants to
Witness High Demand
·
The keratoprosthesis (KPro) market can be
categorized on the basis of type of implant, indication, end-user, and region.
In terms of type of implant, the keratoprosthesis (KPro) market can be
segmented into synthetic implants and biosynthetic implants. On the basis of
indication, the keratoprosthesis (KPro) market can be categorized into
keratitis, bullous keratopathy, keratoconus, corneal stromal dystrophies, and others.
·
Recent studies on the safety and functionality
of biosynthetic implants have shown many benefits over conventional implants,
such as low manufacturing cost and redundancy of microbiological testing, which
is likely to drive the biosynthetic implants segment during the forecast period
·
Based on end-user, the keratoprosthesis (KPro)
market can be divided into hospitals, ambulatory surgery centers, specialty
clinics, and others
Asia Pacific to Lead Global
Keratoprosthesis (KPro) Market
·
The global keratoprosthesis (KPro) market can be
divided into: North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa
·
North America is expected to dominate the
keratoprosthesis (KPro) market in terms of revenue during the forecast period
·
Asia Pacific is likely to witness the maximum
demand for the keratoprosthesis (KPro) procedure from 2019 to 2027. High
prevalence of corneal blindness, low cost of surgery, and rising health care
infrastructure in emerging countries, such as China and India, are likely to
drive the keratoprosthesis (KPro) market in the region.
·
According to the National Programme for Control
of Blindness (NPCB), over 120,000 persons suffer from corneal blindness in
India. According to this estimate, more than 25,000 to 30,000 corneal blindness
cases are reported every year in the country. Moreover, 90% of the cases of
corneal ulceration and ocular trauma leading to corneal blindness are reported
in developing countries.
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Key Manufacturers Operating in
Global Keratoprosthesis (KPro) Market
Some of the prominent players operating
in the keratoprosthesis (KPro) market are:
·
CorNeat Vision Ltd.
·
Aurolab
·
Argus Biomedical Pty Ltd
·
Presbia PLC
·
KeraMed, Inc.
·
Alcon Inc.
·
AJL Ophthalmic SA
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