According to GlobalData’s medical device pipeline database, 17 Foldable IOL devices are in various stages of development globally. GlobalData’s report Foldable IOL provides an overview of the segment’s pipeline landscape and offers detailed analysis of its products. Buy the report here.
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Of these devices, 14 are in active development, while the remaining six are in an inactive stage of development. There are eight products in the early stages of development, and the remaining six are in the late stages of development.
Foldable IOLs include intraocular lens made up of hydrophilic acrylic and hydrophobic acrylic materials designed for small incision cataract surgeries. Foldable IOLs are further classified into monofocal foldable, multifocal foldable and toric foldable intraocular lens depending on the type of eye defect.
Innovations in the medical devices sector are linked to the development of new approaches, processes, or technologies for treating, diagnosing, and managing disease in response to demand from healthcare for better patient outcomes and reduce healthcare costs.
Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Foldable IOL pipeline devices are all expected to be approved within the next ten years.
Currently, private organizations, public entities and institutions are working on the development of Foldable IOL devices. Overall, most of these Foldable IOL pipeline devices are being developed by private entities.
Key players involved in the active development of Foldable IOL include Bausch & Lomb, Johnson & Johnson Surgical Vision, Nayam Innovations, Ocumetics Technology, PhysIOL, Rayner Intraocular Lenses, University of Tampere, VSY Biotechnology, Care Group and EyeKon Medical.
For a complete picture of the developmental pipeline for Foldable IOL devices, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. The Pipeline Products database is a is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
