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Corneal Cross-Linking Devices Market is Expected to Reach $450.3 million by 2032
Published : September 2022

According to a market report, published by Sheer Analytics and Insights, the global corneal cross-linking devices market was valued at $124.1 million in 2021 and it is expected to reach $450.3 million at a CAGR of 11.6% between 2022 and 2032. For our keratoconus patients with progressing illnesses, corneal collagen cross-linking (CXL) with riboflavin is an approved universal standard of therapy. It has fundamentally altered the way we treat keratoconus. In pediatric patients, early diagnosis and treatment are crucial since younger patients deteriorate more quickly and have worse transplant results. The use of CXL in combination with laser refractive surgery, as well as its standard, expedited, and trans-epithelial protocols, are all still up for debate. Future advancements will increase CXL's safety, effectiveness, and application range, but we must be cautious not to forward clinical applications too quickly before publishing basic science studies and producing positive clinical outcomes with established methods. In addition, making the newest and most cutting-edge technologies available to a diverse group of practitioners has long been a top priority for several important players.

An FDA-approved, minimally invasive procedure called corneal cross-linking (CXL) uses ultraviolet A (UVA) and riboflavin (vitamin B2) to reduce or even stop the growth of corneal ecstasies. CXL, however, is developing. Riboflavin's formulation, as well as its delivery system and UV-A irradiation regime, have all been changed with great care. Moreover, to increase the pharmacological efficiency of riboflavin and UVA in producing cross-links, numerous aids, and adjunct techniques have been developed. This review seeks to highlight the advances made in optimizing and modifying CXL procedures by the pharmacokinetics of riboflavin and UVA to increase their effectiveness in the management of corneal disorders. These are expected to drive market growth during the forecast period. 

Request a free PDF sample report: https://www.sheeranalyticsandinsights.com/request-sample/corneal-cross-linking-devices-market-21

Furthermore, the ability of corneal cross-linking to improve patient care and avert future costly effects is causing it to spread quickly throughout medical settings worldwide. If this surgery is not done, a costly and uncomfortable corneal transplant is typically the only option for restoring eyesight. The CXL treatment entails a growth in one's capacity to deliver high-quality care and generate new cash for one's practice. Additionally, witnessing the development of a novel medicine that fundamentally changes how a disease is managed for our patients is one of the biggest sources of fulfillment for doctors. To stop the progression of the keratoconus condition, corneal cross-linking (CXL) with riboflavin has had this effect (KC). KC used to be one of the most common indications for corneal transplantation in many countries, and CXL has caused a decline in transplant rates in several hospital departments. Hence, these major factors are expected to create more growth opportunities in the future. 

On the other hand, there are several disadvantages to adopting corneal cross-linking devices. For instance, similar to most surgical procedures, corneal cross-linking can occasionally result in negative side effects, including eye infections, discomfort or swelling, damage to the cornea or epithelium, impaired or hazy vision, or other vision issues. These major problems are anticipated to hamper the market for a while. However, manufacturing companies are focusing on developing innovative products which would create new opportunities for the market in the future.         

Some new developments in the global corneal cross-linking devices market:

  • On 10th February, 2022, a comparison of the changes in the anterior segment OCT parameters and the changes in the cornea's biomechanical properties after customized cross-linking. A non-inflammatory corneal illness called keratoconus is characterized by anterior protrusion, corneal thinning, and uneven corneal astigmatism. It typically starts during puberty, worsens, and causes irreversible visual loss. Although the cause of keratoconus is unknown, it is linked to Leber's congenital amaurosis, Down's syndrome, atopic disease, rigid gas permeable (RGP) contact lens usage, and persistent eye rubbing.

  • On 21st April, 2022, at the 2022 Annual Meeting of the American Society of Cataract and Refractive Surgery, Glaukos Technologies will be mentioned in a number of scientific abstracts. In addition, this company, which specializes in cutting-edge therapies for the management of glaucoma, corneal conditions, and retinal diseases, said today that the American Society of Cataract and Refractive Surgery would feature its technologies in a number of scientific programs (ASCRS).  

According to the study, key players dominating the global corneal cross-linking devices market are Alcon (U.S), Amway (U.S), Bausch Health (Canada), Carl-Zeiss-Stiftung (Germany), Essilor (France), Johnson and Johnson (U.S), Kemin Industries (U.S), NutraChamps (Canada), Natur’s Bounty (U.S), Pfizer (U.S), Rodenstock GmbH (Germany), Seiko Group (Japan), Safilo Group (Italy), The Cooper Companies (U.S), VitaBiotics (U.K), among others.

Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/corneal-cross-linking-devices-market-21

The Global Corneal Cross-Linking Devices Market Has Been Segmented Into:

The Global Corneal Cross-Linking Devices Market – by Type:

  • Epi-Off
  • Experimental Epi-On
  • Others

The Global Corneal Cross-Linking Devices Market – by Technology Type:

  • OMNI Corneal Cross-Linking System
  • Ultraviolet A (UVA)
  • Others

The Global Corneal Cross-Linking Devices Market – by Regions:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • LAMEA
  • Middle East
    • Saudi Arabia
    • UAE
    • Others
  • Latin America
    • Brazil
    • Chile
    • Others
  • Africa
    • South Africa
    • Egypt
    • Others
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