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How Much Will The Market Value Of The Cataract Surgery Devices And Equipment Market Grow Between 2026 And 2030?
The cataract surgery devices and equipment market size has demonstrated consistent expansion in recent years. It is forecast to grow from $14.52 billion in 2025 to $15.02 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 3.5%. The historical growth of this market can be attributed to an increasing aging population, a rising prevalence of cataract conditions, the expansion of ophthalmic surgical facilities, the growing acceptance of minimally invasive eye surgery, and the availability of advanced surgical instruments.
The cataract surgery devices and equipment market size is projected to experience consistent expansion over the upcoming years. This market is anticipated to reach $17.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.4%. Several factors will drive this growth during the forecast period, including the heightened demand for personalized intraocular lenses, the growing acceptance of laser-assisted cataract procedures, the expansion of outpatient eye care facilities, increased funding for eye care infrastructure, and innovations in surgical visualization technologies. Key trends anticipated during this period encompass the greater uptake of premium and multifocal IOLs, the increasing application of femtosecond laser-assisted surgery, a heightened demand for sophisticated phacoemulsification systems, the proliferation of outpatient cataract surgery centers, and an intensified emphasis on surgical accuracy and results.
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What Key Factors Are Affecting The Cataract Surgery Devices And Equipment Market Demand?
The increasing number of older adults is anticipated to drive the expansion of the cataract surgery devices and equipment market. This demographic consists of individuals aged 65 and over. As this population grows, a higher prevalence of cataracts is observed due to age-related factors, thereby increasing the demand for cataract surgery devices to address vision impairment. Consequently, the expanding older adult demographic necessitates a greater number of cataract surgery procedures and their accompanying devices. For example, the Population Reference Bureau (PRB) reported in January 2024 that the U.S. population aged 65 and older is projected to rise from 58 million in 2022 to 82 million by 2050, marking a 47% increase. Furthermore, this group’s share of the total population is expected to climb from 17% to 23%. This demographic shift signifies a substantial aging trend within the U.S. population, underscoring the growing need to cater to the requirements of older adults across multiple industries. Therefore, the expanding geriatric population is a key factor propelling the growth of the cataract surgery devices and equipment market.
How Is The Cataract Surgery Devices And Equipment Market Segmented Across Different Segment Categories?
The cataract surgery devices and equipment market covered in this report is segmented –
1) By Type: Intraocular Lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment, Femtosecond Laser Equipment
2) By Surgery Type: Extracapsular Cataract Extraction, Phacoemulsification, Femtosecond Laser, Other Surgery Types
3) By Application: Ophthalmology Centers, Hospitals, Clinics
Subsegments:
1) By Intraocular Lens (IOL): Monofocal IOL, Multifocal IOL, Toric IOL, Accommodative IOL
2) By Ophthalmic Viscoelastic Device (OVD): Dispersive OVD, Cohesive OVD
3) By Phacoemulsification Equipment: Phacoemulsification Machines, Handpieces And Accessories
4) By Femtosecond Laser Equipment: Femtosecond Laser Systems For Cataract Surgery, Laser Treatment Accessories
What Trends Are Influencing Changes In The Cataract Surgery Devices And Equipment Market?
Leading companies in the cataract surgery devices and equipment market are innovating products like the VERITAS Vision System to enhance surgical accuracy and patient outcomes. The VERITAS Vision System is a next-generation phacoemulsification system, specifically engineered to improve patient safety, surgeon efficiency, and comfort. For example, in February 2024, Johnson & Johnson, a US-based pharmaceutical, biotechnology, and medical technologies company, introduced the Tecnis PureSee intraocular lens (IOL). This TECNIS PureSee IOL features a groundbreaking, purely refractive design, which delivers consistent, high-quality vision with outstanding contrast and low-light performance, comparable to that of monofocal IOLs. Cataract surgery is the most frequently performed surgery globally, with approximately 28 million procedures annually. However, only 10-15% of patients are fitted with advanced optical IOLs designed for astigmatism and presbyopia. Currently, surgeons and patients often face compromises when selecting an IOL, such as choosing between clear vision at all distances and the possibility of glares or halos. The TECNIS PureSee aims to resolve these issues, thereby improving overall results for both patients and surgeons.
Which Organizations Play A Role In The Cataract Surgery Devices And Equipment Market Landscape?
Major companies operating in the cataract surgery devices and equipment market are Alcon Inc, Bausch + Lomb Inc, Carl Zeiss Meditec AG, HOYA Corporation, NIDEK Co Ltd, STAAR Surgical Company, Rayner, Oculentis, Asico, Medennium, Sight Sciences, Lumenis, Katalyst Surgical, Visionix, Moria Surgical, SIFI S.p.A, Appasamy Associates, Biotech Healthcare Group, Omni Lens Pvt Ltd, Altacor, Bohus BioTech AB, CIMA Technology Inc, i‑Medical Ophthalmic International Heidelberg GmbH, Medisonic Equipments Pvt Ltd, OPTIKON SpA, Meda Co Ltd, Ziemer Ophthalmic Systems AG, HumanOptics AG, Hanita Lenses Ltd, Lenstec Inc, CRISTALENS SL, OPHTEC BV, Aurolab Co
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Which Region Leads The Cataract Surgery Devices And Equipment Market In Terms Of Market Share?
North America was the largest region in the global cataract surgery devices and equipment market in 2025. Asia-Pacific was the second-largest region in cataract surgery devices and equipment market. The regions covered in the cataract surgery devices and equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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