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Intraocular lenses (IOLs) are medical devices used to replace the natural lens of the eye in cataract surgery. IOLs are designed to improve vision and reduce the need for glasses or contact lenses. They are made of biocompatible materials such as silicone, acrylic, and hydrophobic acrylic. IOLs are available in a variety of designs, including monofocal, multifocal, and accommodating. Monofocal IOLs provide clear vision at a single distance, while multifocal IOLs provide clear vision at multiple distances. Accommodating IOLs are designed to move within the eye, allowing for a greater range of vision. The IOLs market is a rapidly growing segment of the optical industry. It is driven by the increasing prevalence of cataracts, the growing demand for advanced vision correction, and the development of new technologies. IOLs are becoming increasingly popular due to their ability to improve vision and reduce the need for glasses or contact lenses. Some of the major companies in the IOLs market include Alcon, Bausch + Lomb, Carl Zeiss Meditec, Hoya Corporation, Johnson & Johnson Vision, and Rayner Intraocular Lenses. Show Less Read more