The global Corneal Transplantation market is expanding rapidly, driven by the increasing volume of surgeries in the Asia Pacific and other emerging countries. The study provides analyses of Penetrating Keratoplasty, Endothelial Keratoplasty, and Other types of corneal transplantation. In addition, the market outlook across different disease types including Fuchs’ Dystrophy, Infectious Keratitis, Keratoconus, Corneal Ulcers, and other eye diseases over the forecast to 2030. Leading companies and their operations are also profiled in the corneal transplantation
Corneal transplantation Market Report Highlights, 2023
The global Corneal Transplantation Market Size stood at $1.3 billion in 2022 and is poised to register 6.54% growth over the forecast period from 2022 to 2030
A wide range of equipment types including Penetrating Keratoplasty, Endothelial Keratoplasty, and others are marketed in the Corneal Transplantation industry. Of the types, Penetrating Keratoplasty accounted for 47.5% market share in 2022.
Fuchs’ Dystrophy, Infectious Keratitis, Keratoconus, Corneal Ulcers, and others are the key applications of Corneal Transplantation services. Of the applications, Fuchs’ Dystrophy segment accounted for the highest market share in 2022.
Among markets, North America is the largest market for Corneal Transplantation, predominantly driven by adoption among US consumers. The region accounted for the highest market share in the global Corneal Transplantation market size worldwide.
Key market driving forces including increasing Increasing prevalence of eye diseases, Availability of artificial cornea, Focus on developing markets, and Growth in the geriatric population volume are identified among the main market dynamics
On the other hand, challenges associated with the shortage of skilled professionals, and high costs of procedures restrict the market growth
The market is relatively fragmented with intense competitive conditions among leading market players.
Corneal transplantation Market Outlook to 2030
Corneal transplantation is among the most frequently performed types of transplantation across countries. According to the WHO statistics, corneal opacities is the third major cause of blindness affecting around 4.2 million worldwide. Further, cornea storage and transplantation are relatively easier than other tissue and organs, encouraging several healthcare settings to successfully conduct surgeries worldwide. On the other hand, the shortage of corneal grafts is resulting in a low market for corneal transplantation.
The number of transplants decreased significantly across countries during the COVID-19 pandemic period. Less availability of cornea graft tissues and postponed procedures led to an increased volume of patients on the waiting list. However, with the easing pandemic, the imports and exports of cornea are increasing and the volume of cornea transplantation is increasing across markets.
Cornea transplant operations that involve the removal or part of a damaged cornea and replacing it with healthy donor tissue are witnessing rapid growth across developing markets. The growth in cornea procurement and eye banking industries further supports the cornea transplantation market in the medium to long-term future, predominantly in developing countries. In addition, the development of collagen-based cornea (semi-synthetic) and PMMA/Titanium-based synthetic cornea supports the volume of transplantations.
Corneal Transplantation Market Driver- Increasing prevalence of eye diseases
The growing geriatric population, prevalence of diabetes, and other chronic conditions are resulting in the increased prevalence of eye diseases worldwide. According to the WHO, the global estimates of the number of people affected by selected eye conditions that can cause vision impairment amount to around 2.2 billion. In particular, cataracts (65.2 million), age-related macular degeneration (10.4 million), glaucoma (6.9 million), corneal opacities (4.2 million), diabetic retinopathy (3 million), trachoma (2 million), and other causes (37.1 million) are predominantly observed. In addition, in many low-income countries, and young children, corneal scarring remains the most common cause of blindness.
In addition to the increasing prevalence, growth in eye banks, ongoing support from research organizations, supportive platforms, expanding healthcare spending across income groups, and advancements in surgical procedures are encouraging the market for corneal transplantation. However, a considerable shortage of corneal graft tissue and limited access to corneal transplant programs also exist in many countries. Accordingly, policy and legislative support, and aggressive promotion for donation and transplantation are required for a sustainable corneal banking industry.
Corneal Transplantation Market Trends-Availability of artificial cornea
Amidst the significant shortage of corneal donors across developed and developing countries, the volume of corneal transplantations is significantly affected.
However, the development of semi-synthetic cornea based on collagen and full synthetic corneas based on PMMA and titanium supports the volume of transplantations.
A survey on Corneal Transplantation and Eye Banking conducted in 2016 identified a considerable shortage of corneal graft tissue, with only 1 cornea available for 70 needed worldwide.
Corneal Transplantation Market Challenges- High costs of corneal transplant surgeries
The costs of corneal transplantation vary from basic transplantation costs of around $1500 in India to around $19,800 for advanced procedures in the US, the high costs of corneal transplantation restrict its widespread adoption.
Technological advancements in the field of ophthalmology including lasers, implants, and other devices are increasing the success rates of the surgeries. Both diagnostics and surgical procedures for ophthalmology involve significant costs.
Further, managing donor-related factors such as fulfilling donor criteria, patient willingness to donate, and ability to store the prepared tissue remain key challenges for eye banks and other entities.
In addition, during the pandemic, the cost of corneal donor processing increased with testing and infection control measures.
Corneal Transplantation Market Share Analysis- Fuchs Dystrophy Held the Dominant 51.5% market share
Fuchs' dystrophy is one of the most common eye conditions worldwide and is the largest indication for deploying corneal transplantations. The cells that pump fluid from the cornea (endothelium) gradually die off, causing the fluid to build up, resulting in the cornea getting swollen and puffy.
The condition is a common eye problem that affects the corneal endothelium's smoothness and its pumping function. The conditions involve two stages, where in the early stage vision is usually hazy in the morning, and in the later stage, the vision remains blurry throughout the day.
The use of pachymetry to measure the cornea thickness, and check for any blisters on the front surface of the cornea and bumps on the back surface of the cornea.
Due to the lack of disease-modifying therapies approved for FECD, corneal transplantation is the only procedure currently used to restore vision. Fuchs endothelial corneal dystrophy (FECD) is a common indication for corneal transplantation, accounting for approximately 20% of all penetrating Keratoplasty.
Corneal Transplantation Market Segmentation
Types
Applications
Regions
Companies Profiled in the report
1. Executive Summary
1.1 Introduction to Corneal Transplantation Markets
1.2 Corneal Transplantation Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Corneal Transplantation Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Corneal Transplantation Market Trends
3.1.1 Increasing prevalence of eye diseases
3.1.2 Availability of artificial cornea
3.2 Key Corneal Transplantation Market Growth Drivers
3.2.1 Growth in the geriatric population volume
3.2.2 Focus on developing markets
3.3 Key Corneal Transplantation Market Growth Restraints
3.3.1 Shortage of ophthalmologists
3.3.2 High costs of surgical procedures
4 Corneal Transplantation Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts: Corneal Transplantation Market Size Outlook to 2030
4.2 Reference Growth Case Scenario Forecasts: Corneal Transplantation Market Size Outlook to 2030
4.3 High Growth Case Scenario Forecasts: Corneal Transplantation Market Size Outlook to 2030
5. Corneal Transplantation Market Segmentation- Outlook by Type
5.1 Corneal Transplantation Market Share Analysis by Type, 2023
5.2 Penetrating Keratoplasty Market Outlook to 2030
5.3 Endothelial Keratoplasty Market Outlook to 2030
5.4 Other types of Corneal Transplantation Market Outlook to 2030
6. Corneal Transplantation Market Segmentation- Outlook by Disease
6.1 Corneal Transplantation Market Share Analysis by Disease, 2023
6.2 Fuchs’ Dystrophy: Corneal Transplantation Market Outlook to 2030
6.3 Infectious Keratitis: Corneal Transplantation Market Outlook to 2030
6.4 Keratoconus: Corneal Transplantation Market Outlook to 2030
6.5 Corneal Ulcers: Corneal Transplantation Market Outlook to 2030
6.6 Other Conditions: Corneal Transplantation Market Outlook to 2030
7. North America Corneal Transplantation Market Outlook and Opportunities to 2030
7.1 Market Snapshot, 2023
7.2 North America Corneal Transplantation Market Growth Opportunities
7.2.1 North America Corneal Transplantation Market Outlook by Type, 2021 to 2030
7.2.2 North America Corneal Transplantation Market Outlook by Application, 2021 to 2030
7.2.3 North America Corneal Transplantation Market Outlook by Country, 2021 to 2030
7.3 United States Corneal Transplantation Market Outlook, 2021 to 2030
7.4 Canada Corneal Transplantation Market Outlook, 2021 to 2030
7.5 Mexico Corneal Transplantation Market Outlook, 2021 to 2030
8. Europe Corneal Transplantation Market Outlook and Opportunities to 2030
8.1 Market Snapshot, 2023
8.2 Europe Corneal Transplantation Market Growth Opportunities
8.2.1 Europe Corneal Transplantation Market Outlook by Type, 2021 to 2030
8.2.2 Europe Corneal Transplantation Market Outlook by Application, 2021 to 2030
8.2.3 Europe Corneal Transplantation Market Outlook by Country, 2021 to 2030
8.3 Germany Corneal Transplantation Market Outlook, 2021 to 2030
8.4 France Corneal Transplantation Market Outlook, 2021 to 2030
8.5 United Kingdom Corneal Transplantation Market Outlook, 2021 to 2030
8.6 Spain Corneal Transplantation Market Outlook, 2021 to 2030
8.7 Italy Corneal Transplantation Market Outlook, 2021 to 2030
8.8 Other Europe Corneal Transplantation Market Outlook, 2021 to 2030
9. Asia Pacific Corneal Transplantation Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 Asia Pacific Corneal Transplantation Market Growth Opportunities
9.2.1 Asia Pacific Corneal Transplantation Market Outlook by Type, 2021 to 2030
9.2.2 Asia Pacific Corneal Transplantation Market Outlook by Application, 2021 to 2030
9.2.3 Asia Pacific Corneal Transplantation Market Outlook by Country, 2021 to 2030
9.3 China Corneal Transplantation Market Outlook, 2021 to 2030
9.4 Japan Corneal Transplantation Market Outlook, 2021 to 2030
9.5 India Corneal Transplantation Market Outlook, 2021 to 2030
9.6 South Korea Corneal Transplantation Market Outlook, 2021 to 2030
9.7 Indonesia Corneal Transplantation Market Outlook, 2021 to 2030
9.8 Other Asia Pacific Corneal Transplantation Market Outlook, 2021 to 2030
10. South and Central America Corneal Transplantation Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 South and Central America Corneal Transplantation Market Growth Opportunities
10.2.1 South and Central America Corneal Transplantation Market Outlook by Type, 2021 to 2030
10.2.2 South and Central America Corneal Transplantation Market Outlook by Application, 2021 to 2030
10.2.3 South and Central America Corneal Transplantation Market Outlook by Country, 2021 to 2030
10.3 Brazil Corneal Transplantation Market Outlook, 2021 to 2030
10.4 Argentina Corneal Transplantation Market Outlook, 2021 to 2030
10.5 Other Latin America Corneal Transplantation Market Outlook, 2021 to 2030
11. Middle East and Africa Corneal Transplantation Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 Middle East and Africa Corneal Transplantation Market Growth Opportunities
11.2.1 Middle East and Africa Corneal Transplantation Market Outlook by Type, 2021 to 2030
11.2.2 Middle East and Africa Corneal Transplantation Market Outlook by Application, 2021 to 2030
11.2.3 Middle East and Africa Corneal Transplantation Market Outlook by Country, 2021 to 2030
11.3 Saudi Arabia Corneal Transplantation Market Outlook, 2021 to 2030
11.4 United Arab Emirates (the UAE) Corneal Transplantation Market Outlook, 2021 to 2030
11.5 Other Middle East Corneal Transplantation Market Outlook, 2021 to 2030
11.6 Egypt Corneal Transplantation Market Outlook, 2021 to 2030
11.7 South Africa Corneal Transplantation Market Outlook, 2021 to 2030
11.8 Other Africa Corneal Transplantation Market Outlook, 2021 to 2030
12. Profiles of major world Corneal Transplantation Companies
12.1 Alcon, Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.2 Lifeline Scientific Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.3 CorNeat Vision
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.4 Keramed, Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.5 San Diego Eye Bank
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.6 CorneaGen
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.7 Eyemedics
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.8 Cornea Biosciences
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.9 Keramed Inc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13. Appendix
13.1 Publisher’s Expertise
13.2 List of Tables and Charts
13.3 List of Exhibits
13.4 Legal Disclaimer
Rapid growth in the volume of corneal transplantation surgeries supports the market outlook. Further, the increasing prevalence of eye diseases, growth in the geriatric population volume, focus on developing markets, and availability of artificial cornea are among the key trends
The global corneal transplantation market is estimated to generate a revenue of $1383.1 million in 2023.
Increasing corneal transplantation procedures are supporting the demand for corneal transplantation market outlook. The market is poised to register 6.61% growth over the forecast period.
The market is fragmented with the presence of a large number of small and medium-scale entities. The report analyzes Alcon, Inc., Lifeline Scientific Inc., CorNeat Vision, Keramed, Inc., San Diego Eye Bank, CorneaGen, Eyemedics, Cornea Biosciences, Keramed Inc, and others.
Endothelial Keratoplasty is the fastest-growing corneal transplantation, poised to register around 7.2% compounded annual growth rate between 2023 and 2030.