The Intraocular Lens Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for intraocular lenses has seen robust growth in recent years. In terms of figures, it is forecasted to increase from $5.29 billion in 2024 to $5.78 billion in 2025, with a compound annual growth rate (CAGR) of 9.3%.
The Intraocular Lens Global Market Report 2025 projects that by 2029, the intraocular lens market will reach $8.72 billion, growing at a compound annual growth rate (CAGR) of 10.8%.
Download Your Free Sample of the 2025 Intraocular Lens Market Report and Uncover Key Trends Now!The key drivers in the intraocular lens market are:
• Focus on emerging markets
• Rising aging population
• Increasing rates of cataract surgery
• Growing demand for premium Intraocular Lenses (IOLs)
The intraocular lens market covered in this report is segmented –
1) By Type: Monofocal Intraocular Lens, Multifocal Intraocular Lens, Toric Intraocular lens, Accommodating Intraocular Lens
2) By Material: Polymethylmethacrylate (PMMA), Silicone, Hydrophobic Acrylic
3) By End User: Hospitals, Ambulatory Surgery Centers, Ophthalmology Clinics, Eye Research Institutes
The key trends in the intraocular lens market are:
• The future of the intraocular lens market is being shaped by the increasing number of cataract surgeries.
• A movement towards minimally invasive surgery is another emerging trend.
• There is a growing demand for enhanced visual outcomes, influencing the developments in the sector.
• The market is also impacted by regulatory changes, approvals, and evolving surgical techniques.
Major companies in the intraocular lens market are:
• Abbott Medical Optics Inc.
• Alcon Inc.
• Johnson & Johnson Vision Care Inc.
• Carl Zeiss Meditec AG
• Nidek CO. Ltd
• Staar Surgical Company
• Hoya Corporation
• Rayner Intraocular Lenses Limited
• SIFI S.p.A
• Ophtec
• RxSight
• Aurolab
• Hanita Lenses
• Oculentis
• Lenstec
• EyeKon Medical Inc.
• Atia Vision
• Nayam Innovations
• SAV-IOL SA
• Biotech Healthcare Group
• Physiol
• LensGen Inc.
• Omega Ophthalmics
• Ocumetics Technology Corporation
• Calhoun Vision Inc.
• HOYA Surgical Optics
• Bausch Health Companies Inc.
North America was the largest region in the intraocular lens market in 2024