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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
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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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