Market Scope: New Cataract Atlas Identifies Location of Premium IOLs and High Volume Surgeons

Source: Market Scope

The metro areas of New York, Los Angeles, Dallas, and Chicago account for 14 percent of the population over 60 in the US. However, on a per capita share basis, most of the metro areas in Florida stand out for their potential pool of cataract patients, driven largely by the state’s high median age. Boulder is a new honorable mention and Albuquerque moves up in rank, entering the top 10.

These insights and more can be found in Market Scope’s “2020 United States Cataract Atlas,” which provides an objective, data-driven tool to compare the cataract market opportunity across US geographies. The 2020 edition includes a count by metro area of practices advertising femtosecond laser-assisted cataract surgery (FLACS).

Dallas and Cincinnati have notable concentrations of high-volume cataract surgeons. Albuquerque and Santa Rosa, California, have high concentrations of candidates for premium IOLs. Denver and Vallejo, California, have high premium surgery rates; the premium IOL rate (premium IOLs/total IOLs) varies widely throughout the US.

To understand the potential for cataract treatment more completely, we analyzed historical reimbursement records, population by age, income and health status, cataract surgery trends, and aggregate facilities and providers by geographic area. Combining these data created a picture of the overall US cataract market opportunity by detailed geography.

Market Scope has developed the MedOp Index Analysis to estimate the opportunities for conventional and premium IOLs in each metro area. This proprietary methodology identifies the potential treatment based on the key demographics of the population, volume and concentration cataract surgeons, surgical volumes, and ASC locations and volumes.

The MedOp Index Analysis uncovers trends and pockets of opportunity throughout the US; metros are ranked and benchmarked against one another. As an example, Oklahoma City and Omaha are similar in population size and less than 500 miles apart, yet Omaha scores much higher (ranked 42nd) than Oklahoma City (ranked 72nd). The population of Omaha is older, with a median age of 36 versus 35 in Oklahoma City. Omaha also has a much higher median income and 241 thousand residents with clinically significant astigmatism.

Market Scope’s “2020 United States Cataract Atlas” was published in March.



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