Tag: cataract surgery devices and equipment market growth

  • Cataract Surgery Devices And Equipment Market Analysis: $15.02 Billion Market Size In 2026 And Future Growth Prospects

    Cataract Surgery Devices And Equipment Market Analysis: $15.02 Billion Market Size In 2026 And Future Growth Prospects

    Featuring market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights, The Business Research Company’s 2026 market reports are built to deliver research that is both more actionable and more strategically valuable.

    Cataract Surgery Devices And Equipment Market Growth Potential: How Will Market Size Shift Through 2030?

    The cataract surgery devices and equipment market has shown consistent expansion in recent years. It is anticipated to increase from $14.52 billion in 2025 to $15.02 billion in 2026, registering a compound annual growth rate (CAGR) of 3.5%. This historical growth can be attributed to an expanding aging population, the escalating prevalence of cataract conditions, the development of ophthalmic surgical facilities, the increasing adoption of minimally invasive eye surgery, and the accessibility of sophisticated surgical instruments.

    The cataract surgery devices and equipment market size is projected to experience consistent growth in the upcoming years. It is forecast to expand to $17.2 billion by 2030, achieving a compound annual growth rate (CAGR) of 3.4%. This expansion during the forecast period is driven by factors such as the increasing demand for customized intraocular lenses, a rise in the adoption of laser-assisted cataract surgery, the expansion of ambulatory ophthalmology centers, growing investments in eye care infrastructure, and technological advancements in surgical visualization systems. Significant trends anticipated in this period include the increasing uptake of premium and multifocal IOLs, a growing use of femtosecond laser-assisted surgery, an escalating demand for advanced phacoemulsification systems, the expansion of outpatient cataract surgery centers, and an enhanced focus on surgical precision and outcomes.

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    Cataract Surgery Devices And Equipment Market Growth Momentum: What Factors Are Shaping Demand?

    An increase in the elderly population is predicted to drive expansion within the cataract surgery devices and equipment market going forward. This demographic includes individuals aged 65 and over. As this older demographic grows, its members are more susceptible to cataracts with advancing age, thereby increasing the need for cataract surgery devices to address the resulting vision problems. Consequently, the expanding older age group has generated a heightened requirement for both cataract surgery procedures and their associated devices. For example, data from January 2024 by the Population Reference Bureau (PRB), a private non-profit organization based in the US, projects that the American population aged 65 and older will rise from 58 million in 2022 to 82 million by 2050, signifying a 47% growth. Furthermore, this specific age cohort is projected to comprise a larger share of the overall population, increasing from 17% to 23%. This demographic change highlights a considerable aging trend within the U.S. population. These forecasts underscore the growing necessity of catering to the requirements of older adults across diverse sectors. Thus, the increasing geriatric population is a key factor propelling the expansion of the cataract surgery devices and equipment market.

    Cataract Surgery Devices And Equipment Market Segment Trends And Revenue Contributors

    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

    Cataract Surgery Devices And Equipment Market Trends Redefining Industry Growth

    Major companies within the cataract surgery devices and equipment market are actively developing innovative products such as the VERITAS Vision System to improve surgical accuracy and outcomes. The VERITAS Vision System is a next-generation phacoemulsification system, specifically designed to enhance patient safety, surgeon efficiency, and comfort. For instance, in February 2024, Johnson & Johnson, a US-based pharmaceutical, biotechnology, and medical technologies company, introduced the Tecnis PureSee intraocular lens (IOL). The TECNIS PureSee IOL features an innovative, purely refractive design that ensures consistent, high-quality vision with exceptional contrast and impressive low-light performance, rivalling that of monofocal IOLs. Cataract surgery stands as the most frequently performed surgery globally, with approximately 28 million procedures conducted annually. However, only 10-15% of patients currently receive advanced optical IOLs specifically engineered for astigmatism and presbyopia. Presently, surgeons and patients often face trade-offs when selecting an IOL, such as choosing between clear vision across all distances and the potential for glares or halos. The TECNIS PureSee aims to address these existing concerns, ultimately enhancing overall results for both patients and surgeons.

    Cataract Surgery Devices And Equipment Market Competitive Landscape: Which Companies Lead The Industry?

    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

    View The Full Cataract Surgery Devices And Equipment Market Report:

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    Cataract Surgery Devices And Equipment Market Regional Breakdown: Where Is Demand Concentrated?

    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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  • Cataract Surgery Devices And Equipment Market Analysis Reflecting Expansion Trends And Industry Performance

    Cataract Surgery Devices And Equipment Market Analysis Reflecting Expansion Trends And Industry Performance

    The Business Research Company’s 2026 market reports feature advanced enhancements such as market attractiveness analysis, total addressable market evaluation, company benchmarking matrices, interactive Excel dashboards, expanded supply chain intelligence, emerging startup coverage, and detailed product insights, delivering more actionable and strategically valuable research.

    How Much Larger Will The Cataract Surgery Devices And Equipment Market Become By 2030 Compared To 2026?

    The cataract surgery devices and equipment market size has shown consistent expansion over recent years. This market is set to increase from $14.52 billion in 2025 to $15.02 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 3.5%. Historically, this growth can be ascribed to an increasing aging population, the 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, demonstrating a compound annual growth rate (CAGR) of 3.4%. This projected growth during the forecast period stems from factors such as the heightened demand for customized intraocular lenses, the increasing uptake of laser-assisted cataract surgery, the proliferation of ambulatory ophthalmology centers, expanding investments in eye care infrastructure, and continuous technological progress in surgical visualization systems. Key trends expected within this period encompass the greater embrace of premium and multifocal IOLs, an increase in femtosecond laser-assisted surgery utilization, a rising need for sophisticated phacoemulsification systems, the development of more outpatient cataract surgery centers, and a heightened emphasis on surgical accuracy and patient results.

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    Which Core Factors Are Supporting The Expansion Of The Cataract Surgery Devices And Equipment Market?

    The expanding demographic of older adults is projected to stimulate an increase in the cataract surgery devices and equipment market in the foreseeable future. This demographic encompasses individuals aged 65 and over. As this elderly group expands, their increased susceptibility to developing cataracts with advancing age directly fuels the need for cataract surgery devices, largely due to the visual impairments that result. Consequently, the expanding senior population has generated a heightened requirement for both cataract surgery procedures and the associated medical devices. For example, data from January 2024, provided by the Population Reference Bureau (PRB), a private non-profit organization based in the US, indicates that the segment of Americans aged 65 and older is anticipated to climb from 58 million in 2022 to 82 million by 2050, marking a 47% increase. Furthermore, the proportion of this age bracket within the total population is projected to expand from 17% to 23%. This demographic shift underscores a notable aging pattern within the U.S. population, with these forecasts emphasizing the growing necessity of catering to the requirements of seniors across multiple industries. Hence, the increasing number of older individuals is a primary catalyst for the expansion of the cataract surgery devices and equipment market.

    How Is The Cataract Surgery Devices And Equipment Market Examined Through Segment Analysis?

    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

    Which Trends Are Affecting The Cataract Surgery Devices And Equipment Market Framework?

    Leading companies in the cataract surgery devices and equipment market are developing cutting-edge products, such as the VERITAS Vision System, to enhance surgical accuracy and patient outcomes. The VERITAS Vision System is a next-generation phacoemulsification system, specifically designed to improve patient safety, surgeon efficiency, and comfort. For instance, in February 2024, Johnson & Johnson, a US-based pharmaceutical, biotechnology, and medical technologies company, introduced the Tecnis PureSee intraocular lens (IOL). The TECNIS PureSee IOL incorporates an innovative, purely refractive design that offers consistent, high-quality vision with superior contrast and low-light performance, comparable to monofocal IOLs. Cataract surgery remains the most frequently performed surgery worldwide, with approximately 28 million procedures conducted annually. However, only 10-15% of patients receive advanced optical IOLs engineered 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 potential glares or halos. The TECNIS PureSee aims to resolve these concerns, thereby improving overall results for both patients and surgeons.

    Who Are The Companies Shaping 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 Commands The Largest Share Of The Cataract Surgery Devices And Equipment Market?

    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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  • Global Cataract Surgery Devices And Equipment Market Analysis 2026–2030 With Strategic Insights

    Global Cataract Surgery Devices And Equipment Market Analysis 2026–2030 With Strategic Insights

    The Business Research Company’s 2026 market reports feature enhanced tools like market attractiveness analysis, TAM assessment, and company scoring matrices, along with interactive dashboards, deeper supply chain insights, and startup coverage strengthening the depth, usability, and strategic value of insights.

    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

    Get The Full Cataract Surgery Devices And Equipment Market Report:

    https://www.thebusinessresearchcompany.com/report/cataract-surgery-devices-and-equipment-global-market-report

    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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  • Cataract Surgery Devices And Equipment Market Future Outlook Showing Expansion Toward $17.19 Billion by 2030

    Cataract Surgery Devices And Equipment Market Future Outlook Showing Expansion Toward $17.19 Billion by 2030

    The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.

    How Is The Market Size Of The Cataract Surgery Devices And Equipment Market Expected To Change Between 2026 And 2030?

    The market for cataract surgery devices and equipment has shown consistent expansion in recent years. This market is projected to expand from $14.52 billion in 2025 to $15.02 billion in 2026, achieving a compound annual growth rate (CAGR) of 3.5%. The historical growth of this market can be attributed to an aging global population, the increasing occurrence of cataract conditions, the establishment of more ophthalmic surgical facilities, a growing preference for minimally invasive eye surgeries, and the widespread availability of advanced surgical instruments.

    The cataract surgery devices and equipment market size is forecast to experience steady growth in the next few years, reaching $17.2 billion in 2030 at a compound annual growth rate (CAGR) of 3.4%. The growth anticipated in this period is driven by an increasing demand for customized intraocular lenses, the rising adoption of laser-assisted cataract surgery, the expansion of ambulatory ophthalmology centers, growing investments in eye care infrastructure, and technological advancements in surgical visualization systems. Key trends during the forecast period encompass the increasing adoption of premium and multifocal IOLs, the rising use of femtosecond laser-assisted surgery, a growing demand for advanced phacoemulsification systems, the expansion of outpatient cataract surgery centers, and an enhanced focus on surgical precision and outcomes.

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    What Drivers Are Expected To Influence The Cataract Surgery Devices And Equipment Market During The Forecast Period?

    The increasing number of older adults is anticipated to fuel expansion within the cataract surgery devices and equipment market going forward. This demographic, defined as individuals aged 65 and over, is particularly susceptible to developing cataracts as they age, thereby elevating the need for cataract surgery devices due to the resulting visual impairment. As a result, the expanding elderly population has created a greater requirement for cataract surgery procedures and associated medical instruments. For example, in January 2024, the Population Reference Bureau (PRB), a US-based private non-profit organization, projected that the number of Americans aged 65 and older will increase from 58 million in 2022 to 82 million by 2050, marking a 47% rise. Furthermore, this age cohort’s share of the overall population is expected to climb from 17% to 23%. This evolution signifies a considerable aging pattern within the U.S. population, with these forecasts emphasizing the growing necessity to cater to the requirements of seniors across diverse industries. Consequently, the expanding geriatric population is propelling the development of the cataract surgery devices and equipment market.

    How Is The Cataract Surgery Devices And Equipment Market Structured Across Different Segments?

    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

    Which Trends Are Shaping The Future Of The Cataract Surgery Devices And Equipment Market?

    Leading companies within the cataract surgery devices and equipment market are focused on creating novel products, like the VERITAS Vision System, aiming to elevate surgical precision and patient results. The VERITAS Vision System represents an advanced phacoemulsification technology, specifically engineered to enhance patient safety, optimize surgeon efficiency, and ensure comfort. An example of this innovation is Johnson & Johnson, a pharmaceutical, biotechnology, and medical technologies company based in the US, introducing the Tecnis PureSee intraocular lens (IOL) in February 2024. This TECNIS PureSee IOL incorporates a unique, purely refractive design, which delivers consistently high-quality visual acuity, outstanding contrast, and superior performance in low-light conditions, comparable to monofocal IOLs. Globally, cataract surgery remains the most frequently performed surgical procedure, accounting for approximately 28 million interventions each year. Despite this, only 10-15% of patients opt for advanced optical IOLs tailored for correcting astigmatism and presbyopia. Presently, both surgeons and patients encounter compromises when choosing an IOL, often involving a decision between achieving clear vision across various distances and the possibility of experiencing glares or halos. The TECNIS PureSee aims to resolve these issues, thereby improving outcomes for both patients and medical professionals.

    Which Major Players Dominate The Cataract Surgery Devices And Equipment Market?

    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

    Read the full cataract surgery devices and equipment market report here:

    https://www.thebusinessresearchcompany.com/report/cataract-surgery-devices-and-equipment-global-market-report

    Which Region Is Forecast To Lead The Cataract Surgery Devices And Equipment Market In Terms Of Market Size?

    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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  • Cataract Surgery Devices And Equipment Market Report 2026: Strategic Insights and Revenue Outlook

    Cataract Surgery Devices And Equipment Market Report 2026: Strategic Insights and Revenue Outlook

    Uncover key drivers, emerging technologies, and competitive movements shaping the upskilling platforms market from 2026–2035 with trusted insights from The Business Research Company

    What market expansion outlook does the Cataract Surgery Devices And Equipment Market show for the 2026–2030 period?

    The market size for cataract surgery devices and equipment has experienced consistent expansion in recent years. It is projected to increase 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 in this market can be linked to an increasing aging population, the rising prevalence of cataract conditions, the expansion of ophthalmic surgical facilities, growing acceptance of minimally invasive eye surgery, and the availability of advanced surgical instruments.

    The market size for cataract surgery devices and equipment is projected to undergo consistent expansion over the next few years. It is expected to reach $17.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.4%. This projected growth can be attributed to several factors, including an increased demand for customized intraocular lenses, the rising adoption of laser-assisted cataract surgery techniques, the expansion of ambulatory ophthalmology centers, growing investments in eye care infrastructure, and technological advancements in surgical visualization systems. Major trends foreseen for this period encompass a greater embrace of premium and multifocal IOLs, an increase in the use of femtosecond laser-assisted surgery, a growing need for advanced phacoemulsification systems, the expansion of outpatient cataract surgery centers, and an enhanced focus on surgical precision and overall outcomes.

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    What Drivers Are Shaping The Development Of The Cataract Surgery Devices And Equipment Market?

    The increasing demographic of older adults is anticipated to fuel the expansion of the cataract surgery devices and equipment market. This demographic includes individuals aged 65 and over. As people age, this growing segment is more susceptible to developing cataracts, leading to increased demand for cataract surgery devices to address the resulting vision impairment. Consequently, the expanding older adult demographic has generated a greater requirement for cataract surgery procedures and their associated devices. For example, data from January 2024 by the Population Reference Bureau (PRB), a US-based private non-profit organization, projects that the number of Americans aged 65 and older will surge from 58 million in 2022 to 82 million by 2050, marking a 47% increase. Furthermore, this age cohort’s share of the overall population is predicted to climb from 17% to 23%. This demographic change signifies a notable aging pattern within the U.S. population. Such forecasts underscore the growing necessity to cater to the requirements of seniors across multiple industries. Thus, the escalating geriatric population is propelling the growth of the cataract surgery devices and equipment market.

    What Segment Types Are Examined In The Cataract Surgery Devices And Equipment Market?

    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 Long-Term Trends Are Expected To Shape The Future Of The Cataract Surgery Devices And Equipment Market?

    Leading companies in the cataract surgery devices and equipment market are creating innovative products, such as the VERITAS Vision System, to enhance surgical accuracy and outcomes. The VERITAS Vision System is a next-generation phacoemulsification system, specifically designed to improve patient safety, surgeon efficiency, and comfort. For instance, in February 2024, Johnson & Johnson, a US-based pharmaceutical, biotechnology, and medical technologies company, launched the Tecnis PureSee intraocular lens (IOL). The TECNIS PureSee IOL features an innovative, purely refractive design, providing consistent, high-quality vision with exceptional contrast and low-light performance, which rivals that of monofocal IOLs. Cataract surgery is the most commonly performed surgery worldwide, with approximately 28 million procedures annually. However, only 10-15% of patients receive advanced optical IOLs designed for astigmatism and presbyopia. Currently, surgeons and patients face trade-offs when selecting an IOL, such as choosing between clear vision at all distances and potential glares or halos. The TECNIS PureSee addresses these concerns, improving overall results for both patients and surgeons.

    Who Are The Primary Competitors In The Global Cataract Surgery Devices And Equipment Market?

    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 Global Regions Are Shaping The Competitive Landscape Of The Cataract Surgery Devices And Equipment Market?

    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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  • Cataract Surgery Devices And Equipment Market Trends, Drivers, and Regional Analysis 2025–2029

    Cataract Surgery Devices And Equipment Market Trends, Drivers, and Regional Analysis 2025–2029

    Uncover key drivers, emerging technologies, and competitive movements shaping the cataract surgery devices and equipment market from 2025–2034 with trusted insights from The Business Research Company

    How Is The Cataract Surgery Devices And Equipment Market Size Expected To Expand Over 2029-2034?

    The market for cataract surgery devices and equipment has experienced consistent expansion over recent years. This market is projected to expand from $13.97 billion in 2024 to $14.52 billion by 2025, demonstrating a compound annual growth rate (CAGR) of 3.9%. Historically, this growth can be ascribed to factors such as an aging global population, a higher occurrence of cataracts, increased patient understanding, government programs promoting vision health, and rising spending on healthcare.

    The cataract surgery devices and equipment market size is anticipated to show consistent expansion over the next few years. It is forecast to rise to $16.64 billion by 2029, achieving a compound annual growth rate (CAGR) of 3.5%. This growth in the projection period can be linked to an increasing emphasis on outpatient surgery, personalized intraocular lenses, value-based healthcare frameworks, international vision care initiatives, and global programs for eye health. Significant trends expected in the forecast period involve the adoption of artificial intelligence (AI), teleophthalmology and distant consultations, swift technological advancements, enhancements in intraocular lens technology, progress in surgical methods, and femtosecond laser technology.

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    Which Market Factors Are Fueling The Cataract Surgery Devices And Equipment Industry Growth?

    The expansion of the geriatric population is anticipated to fuel the growth of the cataract surgery devices and equipment market. This demographic, defined as individuals aged 65 and over, exhibits a greater propensity to develop cataracts with advancing age. This increased vulnerability, leading to vision impairment, is consequently driving up the demand for cataract surgery devices and related procedures. For instance, data from January 2024, provided by the Population Reference Bureau (PRB), a US-based private non-profit organization, indicates that the population of Americans aged 65 and older is projected to rise significantly from 58 million in 2022 to 82 million by 2050, marking a 47% increase. Concurrently, this age group’s proportion within the total U.S. population is expected to climb from 17% to 23%. This trend underscores a considerable aging shift in the U.S. population, emphasizing the escalating importance of addressing the needs of older adults across various sectors. Hence, the increasing geriatric population serves as a key driver for the cataract surgery devices and equipment market.

    Which Categories Are Covered In The Cataract Surgery Devices And Equipment Market Segmentation Analysis?

    The cataract surgery devices and equipmentmarket 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

    Which Market Trends Are Expected To Define The Future Of The Cataract Surgery Devices And Equipment Market?

    Leading companies in the cataract surgery devices and equipment market are introducing innovative products like the VERITAS Vision System to boost surgical accuracy and patient outcomes. The VERITAS Vision System, a next-generation phacoemulsification system, is engineered to enhance patient safety, surgeon efficiency, and comfort. For example, in February 2024, Johnson & Johnson, a US-based pharmaceutical, biotechnology, and medical technologies company, unveiled its Tecnis PureSee intraocular lens (IOL). The TECNIS PureSee IOL boasts an innovative, purely refractive design, ensuring consistent, high-quality vision with superior contrast and low-light performance, comparable to monofocal IOLs. Worldwide, cataract surgery remains the most frequently performed operation, accounting for approximately 28 million procedures annually. Despite this, only 10-15% of patients are fitted with advanced optical IOLs tailored for astigmatism and presbyopia. Presently, both surgeons and patients encounter compromises during IOL selection, often involving a trade-off between achieving clear vision at all distances and potential glares or halos. The TECNIS PureSee aims to resolve these issues, thereby improving overall outcomes for both patients and surgeons.

    Which Organizations Are At The Forefront Of The Cataract Surgery Devices And Equipment Market?

    Major companies operating in the cataract surgery devices and equipment market include Johnson & Johnson Services Inc., Allergan Inc., PhysIOL S.A, Novartis AG, Abbott Laboratories, Alcon Inc., HOYA Corporation, Bausch & Lomb Inc., Carl Zeiss Meditech AG, Topcon Corporation, NIDEK Co. Ltd., Aurolab Co., OPHTEC BV, DORC International BV, Calhoun Vision Inc., Coburn Technologies Inc., HumanOptics AG, Hanita Lenses Ltd., Lenstec Inc., CRISTALENS SL, EyeKon Medical Inc., ROWIAK GmbH, Ziemer Ophthalmic Systems AG, HAAG-Streit Holding AG, Sonomed Escalon Corp., Ellex Medical Lasers Limited

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    Which Geographic Areas Are Driving Strong Demand For The Cataract Surgery Devices And Equipment Market?

    North America was the largest region in the global cataract surgery devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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  • Cataract Surgery Devices And Equipment Market Size and Growth Forecast for Businesses 2025–2029

    Cataract Surgery Devices And Equipment Market Size and Growth Forecast for Businesses 2025–2029

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    #What Are The Current (2025) And Forecast (2029) Sizes Of The Cataract Surgery Devices And Equipment Market?

    The market encompassing devices and equipment for cataract surgery has experienced consistent expansion over the past few years, projected currently valued at $13.97 billion in 2024, with an anticipated rise to $14.52 billion by 2025, reflecting a compound annual growth rate (CAGR) of 3.9% across this period; this upward trend during the historical phase results from factors such as demographic shifts toward an older populace, the mounting frequency of cataracts, heightened patient consciousness regarding eye health, supportive governmental programs aimed at improving vision care, and escalating spending within the healthcare sector.

    Forecasting robust expansion, the market encompassing cataract surgery apparatus and instrumentation is projected to achieve a valuation of $16.64 billion by 2029, demonstrating a consistent compound annual growth rate of 3.5%. This upward trajectory throughout the projection timeframe stems from several key factors, notably the increasing prioritization of ambulatory surgical procedures, the rising demand for bespoke intraocular lenses, the adoption of value-centered healthcare frameworks, worldwide drives promoting vision care, and broader international endeavors aimed at enhancing ocular health. Significant shifts shaping this market during the forecast interval involve the incorporation of artificial intelligence, the expansion of teleophthalmology alongside remote diagnostic services, swift technological breakthroughs, enhancements within intraocular lens capabilities, advancements in surgical methodologies, and the utilization of femtosecond laser systems.

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    What Are The Main Drivers Boosting The Cataract Surgery Devices And Equipment Industry’s Expansion?

    Future expansion within the cataract surgery devices and equipment market is anticipated, largely fueled by the increasing number of elderly individuals, defined as those aged 65 and above. As this older segment of the population matures, their susceptibility to developing sight-impairing cataracts rises, thereby stimulating demand for the necessary surgical apparatus and instrumentation. Consequently, this demographic aging trend necessitates a greater volume of cataract removal operations and associated medical hardware. To illustrate this, projections from the Population Reference Bureau (PRB), a non-profit research entity in the United States, indicated in January 2024 that the cohort of US residents aged sixty-five or older is projected to swell from 58 million in 2022 to reach 82 million by the year 2050, marking a substantial forty-seven percent escalation. Furthermore, this demographic is forecast to constitute a larger share of the entire populace, moving from seventeen percent to twenty-three percent of the total count, signaling a pronounced aging trajectory for the American population, underscoring the necessity of catering to senior needs across multiple industries, which in turn serves as a key driver propelling the market forward for cataract surgery apparatus and associated gear.

    What Are The Key Segments In The Cataract Surgery Devices And Equipment Market?

    The cataract surgery devices and equipmentmarket 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 Are The Major Trends Driving The Growth Of The Cataract Surgery Devices And Equipment Market?

    Leading corporations within the domain of cataract surgery apparatus and instrumentation are focusing efforts on engineering novel solutions, exemplified by the VERITAS Vision System, aimed at elevating the precision of operations and the subsequent patient results. This VERITAS Vision System represents a state-of-the-art phacoemulsification platform, meticulously constructed to simultaneously bolster patient security, streamline the surgeon’s workflow, and maximize operator ease. To illustrate recent advancements, in the month of February 2024, Johnson & Johnson, an entity rooted in the United States renowned for pharmaceuticals, biotechnology, and medical technology, introduced the Tecnis PureSee intraocular lens, or IOL. Characterized by a novel, purely refractive architecture, the TECNIS PureSee IOL delivers a reliable, superior visual experience, boasting remarkable contrast fidelity and adeptness in dim lighting conditions, performance levels comparable to those achieved with standard monofocal IOLs. As cataract extraction holds the distinction of being the globe’s most frequent surgical intervention, approaching an estimated twenty-eight million operations each year, a notable gap exists since merely ten to fifteen percent of individuals undergoing the procedure are fitted with sophisticated optical IOLs tailored for correcting astigmatism and presbyopia. At present, practitioners and the individuals they treat are confronted with compromises when opting for an IOL, for example, balancing the benefit of seeing clearly across various ranges against the possibility of experiencing glare or light halos. The introduction of the TECNIS PureSee specifically seeks to mitigate these inherent issues, thereby improving the comprehensive outcomes realized by both the medical professionals and the recipients of the surgery.

    Which Leading Players Are Enhancing Their Cataract Surgery Devices And Equipment Market Presence Worldwide?

    Major companies operating in the cataract surgery devices and equipment market include Johnson & Johnson Services Inc., Allergan Inc., PhysIOL S.A, Novartis AG, Abbott Laboratories, Alcon Inc., HOYA Corporation, Bausch & Lomb Inc., Carl Zeiss Meditech AG, Topcon Corporation, NIDEK Co. Ltd., Aurolab Co., OPHTEC BV, DORC International BV, Calhoun Vision Inc., Coburn Technologies Inc., HumanOptics AG, Hanita Lenses Ltd., Lenstec Inc., CRISTALENS SL, EyeKon Medical Inc., ROWIAK GmbH, Ziemer Ophthalmic Systems AG, HAAG-Streit Holding AG, Sonomed Escalon Corp., Ellex Medical Lasers Limited

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    What Are The Regional Market Dynamics Impacting The Cataract Surgery Devices And Equipment Industry?

    North America was the largest region in the global cataract surgery devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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  • Emerging Growth Drivers in the Cataract Surgery Devices And Equipment Market Landscape: Rising Geriatric Population Fuels Demand For Cataract Surgery Devices And Equipment

    Emerging Growth Drivers in the Cataract Surgery Devices And Equipment Market Landscape: Rising Geriatric Population Fuels Demand For Cataract Surgery Devices And Equipment

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    How Has The Cataract Surgery Devices And Equipment Market Size Shifted, And What Is the Outlook Through 2034?

    The market size for cataract surgery devices and equipment has seen consistent growth in the past few years. The market value is projected to increase from $13.97 billion in 2024 to $14.52 billion in 2025, representing a compound annual growth rate (CAGR) of 3.9%. The historic growth in this market could be linked to factors like an ageing demographic, a surge in the prevalence of cataracts, an increase in patient awareness, government schemes for vision care, and an upward trend in healthcare spending.

    The market for cataract surgery devices and equipment is projected to witness stable growth over the upcoming years, estimated to reach a value of $16.64 billion in 2029, expanding at a compound annual growth rate (CAGR) of 3.5%. The projected growth during the forecast period can be associated with increasing focus on outpatient surgery, customized intraocular lenses, value-based healthcare models, worldwide vision care campaigns, and international initiatives for eye health. The prominent trends identifying the forecast period include the incorporation of artificial intelligence (AI), teleophthalmology and remote consultations, quick technological advancements, enhancements in intraocular lens technology, and technological progression in surgical techniques, femtosecond laser technology.

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    Which Primay Drivers Are Accelerating Growth in the Cataract Surgery Devices And Equipment Market?

    The cataract surgery devices and equipment market is forecasted to experience growth due to the increasing aging population. This group, comprising of individuals aged 65 and older, is at a high risk of developing cataracts leading to vision impairment as they age. This fact is prompting a surge in the demand for cataract surgery devices. The escalating need for cataract surgery procedures and related equipment can be attributed to this growing elderly demographic. For example, the Population Reference Bureau (PRB), a non-profit organization in the US, reported in January 2024 that it’s projected there will be a rise from 58 million in 2022 to 82 million by 2050 in the elder American population, which is a 47% growth. Moreover, it is predicted that this age group will increase their share of the total U.S. population from 17% to 23%, underlying an apparent aging pattern in the country’s population. These forecasts signify the rising necessity of meeting the needs of senior citizens across different sectors. As such, the growing elderly population serves as a catalyst for the expansion of the cataract surgery devices and equipment market.

    Which Primary Segments of the Cataract Surgery Devices And Equipment Market Are Driving Growth and Industry Transformations?

    The cataract surgery devices and equipmentmarket 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

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    Which Regions Are Key Players in the Growth of the #Which Primay Drivers Are Accelerating Growth in the Cataract Surgery Devices And Equipment Market?# Market?

    North America was the largest region in the global cataract surgery devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

    Which Technological Trends Are Reshaping the Cataract Surgery Devices And Equipment Industry Dynamics?

    Leading businesses in the field of cataract surgery devices and equipment are developing innovative products such as the VERITAS Vision System. This advanced system is aimed at enhancing surgical precision and patient outcomes. For instance, in February 2024, Johnson & Johnson, a pharmaceutical and medical technologies corporation based in the United States, introduced the Tecnis PureSee intraocular lens (IOL). This lens stands out for its refractive design offering consistent, superior-quality vision with great contrast and low-light efficacy, on par with monofocal IOLs. Cataract surgery is the most commonly conducted surgery across the globe, with approximately 28 million procedures conducted yearly. Despite this, a small 10-15% of patients receive sophisticated optical IOLs designed for astigmatism and presbyopia. Currently, both surgeons and patients face the challenge of choosing between an IOL that offers clarity at all ranges and one that may cause potential glares or halos. The TECNIS PureSee lens addresses these challenges, ultimately improving overall outcomes for both surgeons and patients.

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    What Parameters Are Used to Define the Cataract Surgery Devices And Equipment Market?

    Cataract surgery devices include instruments that are used for performing cataract surgery in the treatment of cataracts, a condition in which the lens of the eye becomes progressively opaque, resulting in blurred vision.

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  • Market Analysis on Cataract Surgery Devices And Equipment Industry – Insights for Corporate Strategy and R&D

    Market Analysis on Cataract Surgery Devices And Equipment Industry – Insights for Corporate Strategy and R&D

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    What Is the Forecast for the Cataract Surgery Devices And Equipment Market from 2024 to 2025?

    The market for cataract surgery devices and equipment has seen significant growth in recent times. The market size is projected to increase from $14.94 billion in 2024 to $15.88 billion in 2025, growing at a compound annual growth rate (CAGR) of 6.3%. Factors contributing to the growth during the historical period include an aging population, a rise in cataract cases, better patient awareness, government-backed vision care initiatives, and increased healthcare spending.

    What Is the Projected Market Size of the Cataract Surgery Devices And Equipment Market?

    In the forthcoming years, the market size for devices and equipment used in cataract surgery is anticipated to experience consistent growth. The market is projected to expand to $18.15 billion by 2029, with a compound annual growth rate (CAGR) of 3.4%. This growth during the predicted period can be directly linked to the increasing emphasis on outpatient surgery, customized intraocular lenses, models focusing on value-based healthcare, global campaigns for vision care, and international initiatives concerning eye health. The emerging trends for the same duration involve artificial intelligence integration, advancements in teleophthalmology and online consultation, fast-paced tech innovations, progression in intraocular lens tech, as well as developments in surgic techniques and femtosecond laser technology.

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    Who are the Major Competitors in the Cataract Surgery Devices And Equipment Market Outlook?

    Major companies operating in the cataract surgery devices and equipment market include Johnson & Johnson Services Inc., Allergan Inc., PhysIOL S.A, Novartis AG, Abbott Laboratories, Alcon Inc., HOYA Corporation, Bausch & Lomb Inc., Carl Zeiss Meditech AG, Topcon Corporation, NIDEK Co. Ltd., Aurolab Co., OPHTEC BV, DORC International BV, Calhoun Vision Inc., Coburn Technologies Inc., HumanOptics AG, Hanita Lenses Ltd., Lenstec Inc., CRISTALENS SL, EyeKon Medical Inc., ROWIAK GmbH, Ziemer Ophthalmic Systems AG, HAAG-Streit Holding AG, Sonomed Escalon Corp., Ellex Medical Lasers Limited

    What Is Fueling Growth in the Cataract Surgery Devices And Equipment Market?

    The anticipated growth in the cataract surgery devices and equipment market is propelled by the increasing elderly population. This refers to individuals who are 65 years old and above. As people grow older, they are more susceptible to developing cataracts, leading to vision problems. This then elevates the need for cataract surgery devices. The swelling elderly demographic is triggering a heightened demand for cataract surgical procedures and related equipment. For example, the Population Reference Bureau (PRB), a private non-profit organization based in the US, predicted in January 2024 that the population of Americans aged 65 and above would surge from 58 million in 2022 to 82 million by 2050, a 47% increase. Furthermore, the ratio of this population to the overall population is expected to elevate from 17% to 23%. This growth reflects a considerable age shift in the U.S. populace. The predictions underline the escalating necessity to attend to the needs of older individuals in different sectors. Thus, the expanding elderly population is fueling the growth of the cataract surgery devices and equipment market.

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    Which Cataract Surgery Devices And Equipment Market Segments Are Growing the Fastest?

    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

    Which Industry Trends Are Shaping the Future of the Cataract Surgery Devices And Equipment Market?

    Top firms in the cataract surgery devices and equipment market are introducing novel products like the VERITAS Vision System to enhance surgical precision and patient outcomes. The VERITAS Vision System is an advanced phacoemulsification system, intended to enhance patient safety, facilitate surgeon productivity, and provide comfort. For example, in February 2024, Johnson & Johnson, a prominent pharmaceutical, biotechnology, and medical technologies firm in the US, introduced the Tecnis PureSee intraocular lens (IOL). This lens possesses a cutting-edge, purely refractive design that delivers reliable, high-grade vision with exceptional contrast and performance in low light, c omparable to that of monofocal IOLs. Globally, cataract surgery is the most widely performed surgical procedure, with approximately 28 million operations annually. However, only 10-15% of patients are provided with advanced optical IOLs intended for astigmatism and presbyopia. Presently, surgeons and patients face challenges when choosing an IOL, such as deciding between clear vision at all distances and possible glares or halos. The Tecnis PureSee seeks to alleviate these issues, leading to improved outcomes for both patients and surgeons.

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    Which Countries Are Leading the Cataract Surgery Devices And Equipment Market?

    North America was the largest region in the global cataract surgery devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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    This Report Delivers Insight On:

    1. How big is the cataract surgery devices and equipment market, and how is it changing globally?

    2. Who are the major companies in the cataract surgery devices and equipment market, and how are they performing?

    3. What are the key opportunities and risks in the cataract surgery devices and equipment market right now?

    4. Which products or customer segments are growing the most in the cataract surgery devices and equipment market?

    5. What factors are helping or slowing down the growth of the cataract surgery devices and equipment market?

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  • Global Cataract Surgery Devices And Equipment Market Projected to Reach $18.15 Billion by 2029 at a CAGR of 3.4%

    Discover trends, market shifts, and competitive outlooks for the cataract surgery devices and equipment industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

    How Fast Is The Cataract Surgery Devices And Equipment Market Expected to Grow Between 2025 And 2029?

    The market size for cataract surgery devices and equipment has experienced significant expansion in recent years. It is projected to increase from $14.94 billion in 2024 to $15.88 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. The historic growth has been driven by factors such as the aging demographic, a surge in cataract cases, heightened patient awareness, the implementation of vision care initiatives by the government, and a rise in healthcare spending.

    Expectations indicate a steady expansion in the coming years for the market of cataract surgery devices and equipment. It is predicted to reach $18.15 billion in 2029, experiencing a compound annual growth rate (CAGR) of 3.4%. This anticipated surge is credited to several factors such as the increasing emphasis on outpatient surgery, personalized intraocular lenses, value-based healthcare models, worldwide vision care initiatives, and global efforts towards eye health. Likely trends during this forecasted timeframe incorporate artificial intelligence assimilation, teleophthalmology, and remote consultations. Quick technological advancement, advancements in intraocular lens technology, and the evolution of surgical techniques, including femtosecond laser technology, are also expected to contribute.

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    What are the Fundamental Drivers and Innovations Shaping the Cataract Surgery Devices And Equipment Market?

    The surge in the elderly population is predicted to fuel the expansion of the cataract surgery devices and equipment market. With the term ‘elderly population’ referring to individuals aged 65 and over, this group is predisposed to developing cataracts, escalating the need for cataract surgery devices to rectify the resulting vision deficiencies. Therefore, there is an escalating demand for cataract surgery and related equipment due to the growing demographics of senior citizens. To illustrate, the Population Reference Bureau (PRB), a private non-profit organization in the US, forecasted in January 2024 that the population of Americans aged 65 and over will advance from 58 million in 2022 to 82 million by 2050, translating to a 47% increase. Moreover, the percentage of this age bracket in the total population is expected to ascend from 17% to 23%, denoting a notable aging trend within the US population. These projections underscore the increasing significance of meeting the needs of the elderly population across various sectors. Hence, the surge in the elderly population is contributing to the growth of the cataract surgery devices and equipment market.

    How Is the Cataract Surgery Devices And Equipment Market Segmented?

    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

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    Which Regions Are Driving the Next Phase of the Cataract Surgery Devices And Equipment Market Growth?

    North America was the largest region in the global cataract surgery devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

    What Key Trends Are Shaping the Future of the Cataract Surgery Devices And Equipment Market?

    Leading players in the cataract surgery devices and equipment market are manufacturing innovative offerings like the VERITAS Vision System to better surgical precision and results. This next-generation phacoemulsification system was designed considering patient safety, surgeon productivity, and comfort. For instance, in February 2024, the US-based firm Johnson & Johnson, known for its work in pharmaceuticals, biotechnology and medical technologies, launched the Tecnis PureSee intraocular lens (IOL). This lens offers a novelty in purely refractive design that provides dependable, high-end vision with striking contrast and performance in low light, challenging that of monofocal IOLs. Cataract surgery is the most often performed surgery around the globe with nearly 28 million operations annually. However, only about 10-15% of patients opt for advanced optical IOLs designed for astigmatism and presbyopia. Currently, surgeons and patients must make a choice when selecting an IOL, a choice between clear vision at all distances and potential glare or halos. The TECNIS PureSee addresses these issues and improves overall results for patients and surgeons alike.

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    How Is the Cataract Surgery Devices And Equipment Market Defined and What Are Its Core Parameters?

    Cataract surgery devices include instruments that are used for performing cataract surgery in the treatment of cataracts, a condition in which the lens of the eye becomes progressively opaque, resulting in blurred vision.

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    About The Business Research Company:

    With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

    Get in touch with us:

    The Business Research Company: https://www.thebusinessresearchcompany.com/

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