Artificial Cornea and Corneal Implant Market Size, Share, Growth Analysis, By Type(Human Cornea and Artificial Cornea), By Transplant Type(Penetrating Keratoplasty, Endothelial Keratoplasty, Anterior lamellar Keratoplasty, and Keratoprosthesis), By Disease Indication(Fuchs' Dystrophy, Fungal Keratitis, Keratoconus, and Others), By End User(Hospitals & Ambulatory Surgical Centers and Specialty Clinics), By Region - Industry Forecast 2024-2031

Global Artificial Cornea and Corneal Implant Market size was valued at USD 437 million in 2022 and is poised to grow from USD 471.52 million in 2023 to USD 866.3 million by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

The surging prevalence of ophthalmic diseases and the growing willingness of consumers to spend more on eye care are key factors that are projected to bolster the demand for artificial cornea and corneal implants over the coming years. Growing awareness regarding eye donation and an increasing number of organ donors around the world are also supplementing the growth of the global artificial cornea and corneal implant market. Increasing availability of easy and reliable eye transplant procedures and growing reimbursement for eye procedures around the world are also slated to push the sales of artificial cornea and corneal implants across the forecast period and beyond. However, the high costs of artificial cornea and corneal implants in certain parts of the world are slated to be a key restraint for artificial cornea and corneal implant market development going forward. The rapidly expanding geriatric population around the world is setting the tone for high artificial cornea and corneal implant demand in the long run.