2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theOphthalmic Knives Market?

The rise in eye-related conditions is expected to support the ophthalmic knives market. Conditions such as cataracts, glaucoma, and diabetic retinopathy are increasing due to aging, environmental changes, and lifestyle factors. Ophthalmic knives play a key role in surgeries to address these issues. As reported by the CDC in January 2024, over 3.4 million Americans aged 40 and over were blind or visually impaired, with projections to double by 2030. Therefore, the increase in eye conditions is fostering growth in the ophthalmic knives market.

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#What is the Projected CAGR for the Ophthalmic Knives Market Size from 2025 to 2034?

The ophthalmic knives market experienced strong growth, increasing from $2.08 billion in 2024 to $2.23 billion in 2025 at a CAGR of 7.5%. This was driven by rising cases of cataracts and glaucoma, growing preference for minimally invasive surgeries, enhanced investment in healthcare systems, stricter regulations, and more specialized eye care centers.

The ophthalmic knives market is expected to reach $2.94 billion in 2029, with a CAGR of 7.1%. Factors driving growth include expanding applications of ophthalmic knives, rising demand in emerging markets, an increase in age-related eye conditions, greater government spending on eye care, and a focus on reducing surgical complications and improving recovery times. Trends include the use of biocompatible materials, smaller and more precise knives, adoption of AI and robotic-assisted surgical systems, personalized knife designs, and the development of reusable, environmentally friendly surgical instruments.

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Which Upcoming Market Trends and Innovations Are Set to Influence theOphthalmic Knives Market’s Path Forward?

Major companies in the ophthalmic knives market are innovating with disposable phaco knives for safer and more precise surgeries. In June 2024, HumanOptics Holding AG released disposable surgical knives with smart-shaped designs and anti-glare coatings made from high-quality stainless steel for improved surgical outcomes.

Who Are the Dominant Market Players Pushing the Boundaries of theOphthalmic Knives Market?

Major companies operating in the ophthalmic knives market are Alcon Inc., Bausch Health Companies Inc., HOYA Surgical Optics, Teleflex Incorporated, MANI INC., RUMEX International Co., Aspen Surgical Products Inc., Appasamy Associates Private Limited, Accutome Inc., Unique Technologies Inc., Beaver-Visitec International Holdings Inc., Surgistar Inc., Millennium Surgical Corporation, Paramount Surgimed Ltd., Altomed Ltd., GWS Surgicals LLP, Ophtechnics Unlimited, Diamatrix Ltd., HAI Laboratories Inc., Corza Ophthalmology, Tecfen Medical

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What Are the Core Segments of the Ophthalmic Knives Market, and How Do They Contribute to Growth?

The ophthalmic knives market covered in this report is segmented –

1) By Product: Reusable Ophthalmic Knives, Single-Use Ophthalmic Knives

2) By Material: Diamond, Stainless Steel, Other Materials

3) By Design: Straight Knives, Crescent Knives, Slit Knives, Micro Vitreoretinal (MVR), Stab Knives, Other Designs

4) By Application: Glaucoma Surgery, Keratitis Surgery, Cataract Surgery, Other Applications

5) By End User: Hospitals, Ambulatory Surgery Centers (ASCs), Clinics

Subsegments:

1) By Reusable Ophthalmic Knives: Diamond-Coated Ophthalmic Knives, Stainless Steel Ophthalmic Knives, Surgical Blade Ophthalmic Knives

2) By Single-Use Ophthalmic Knives: Disposable Diamond Ophthalmic Knives, Disposable Stainless Steel Ophthalmic Knives, Disposable Surgical Blade Ophthalmic Knives

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What Regions Are Dominating the Ophthalmic Knives Market Growth?

North America was the largest region in the ophthalmic knives market in 2024. The regions covered in the ophthalmic knives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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