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Global Intraocular Lens Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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  • 144 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5912180
The global intraocular lens market size reached US$ 4.0 Billion in 2022. Looking forward, the market is expected to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.13% during 2022-2028.

An intraocular lens (IOL) is a medical implant used to replace the focusing power of a natural lens removed during cataract surgery. It is also utilized during vision correction surgery in refractive lens exchange. It is generally made using silicone, acrylic, and other plastic compositions and coated with a unique material to protect the eyes from harmful ultraviolet (UV) rays. At present, several manufacturers are offering a wide variety of premium products with different focusing powers based on the axial length of the eyes and curves of the cornea.

Intraocular Lens Market Trends

With age, proteins in the eye change and parts of the lens turn cloudy, thereby increasing the risk of developing cataracts. This, in confluence with the significant aging population, represents one of the key factors catalyzing the demand for IOLs around the world. Moreover, as pediatric cataract cases lead to blindness, the rising concerns among parents about their children’s health are positively influencing the market. Additionally, governing agencies of numerous countries, along with non-governmental organizations (NGOs), are supporting free eye examinations and surgery, along with health reimbursements, which is propelling the market growth. Apart from this, the leading players are introducing trifocal lenses that eliminate the need for spectacles. They are also investing in research and development (R&D) activities to provide advanced lenses that help patients with near and distant vision. Such advanced solutions are anticipated to propel IOL market growth.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global intraocular lens market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on product, material and end use.

Breakup by Product:

  • Monofocal IOL
  • Multifocal IOL
  • Toric IOL
  • Accommodative IOL

Breakup by Material:

  • Polymethylmethacrylate (PMMA)
  • Silicone
  • Hydrophobic Acrylic

Breakup by End Use:

  • Hospitals
  • Ophthalmic Clinics
  • Ambulatory Care Centers
  • Eye Research Institutes

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alcon Inc., Bausch Health Companies Inc., Carl Zeiss Meditec AG (Carl-Zeiss-Stiftung), EyeKon Medical Inc., Hoya Corporation, HumanOptics AG, Johnson & Johnson, Lenstec Inc., Rayner Intraocular Lenses Limited and STAAR Surgical Company.

Key Questions Answered in This Report

1. What is the expected growth rate of the global intraocular lens market during 2023-2028?
2. What are the key factors driving the global intraocular lens market?
3. What has been the impact of COVID-19 on the global intraocular lens market?
4. What is the breakup of the global intraocular lens market based on the product?
5. What is the breakup of the global intraocular lens market based on the material?
6. What is the breakup of the global intraocular lens market based on the end use?
7. What are the key regions in the global intraocular lens market?
8. Who are the key players/companies in the global intraocular lens market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Intraocular Lens Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Monofocal IOL
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Multifocal IOL
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Toric IOL
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Accommodative IOL
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Material
7.1 Polymethylmethacrylate (PMMA)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Silicone
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Hydrophobic Acrylic
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End Use
8.1 Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ophthalmic Clinics
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Ambulatory Care Centers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Eye Research Institutes
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States Market Trends Market Forecast
9.1.2 Canada Market Trends Market Forecast
9.2 Asia-Pacific
9.2.1 China Market Trends Market Forecast
9.2.2 Japan Market Trends Market Forecast
9.2.3 India Market Trends Market Forecast
9.2.4 South Korea Market Trends Market Forecast
9.2.5 Australia Market Trends Market Forecast
9.2.6 Indonesia Market Trends Market Forecast
9.2.7 Others Market Trends Market Forecast
9.3 Europe
9.3.1 Germany Market Trends Market Forecast
9.3.2 France Market Trends Market Forecast
9.3.3 United Kingdom Market Trends Market Forecast
9.3.4 Italy Market Trends Market Forecast
9.3.5 Spain Market Trends Market Forecast
9.3.6 Russia Market Trends Market Forecast
9.3.7 Others Market Trends Market Forecast
9.4 Latin America
9.4.1 Brazil Market Trends Market Forecast
9.4.2 Mexico Market Trends Market Forecast
9.4.3 Others Market Trends Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Alcon Inc. Company Overview Product Portfolio Financials
14.3.2 Bausch Health Companies Inc. Company Overview Product Portfolio Financials SWOT Analysis
14.3.3 Carl Zeiss Meditec AG (Carl-Zeiss-Stiftung) Company Overview Product Portfolio Financials SWOT Analysis
14.3.4 EyeKon Medical Inc. Company Overview Product Portfolio
14.3.5 Hoya Corporation Company Overview Product Portfolio Financials SWOT Analysis
14.3.6 HumanOptics AG Company Overview Product Portfolio Financials
14.3.7 Johnson & Johnson Company Overview Product Portfolio Financials SWOT Analysis
14.3.8 Lenstec Inc. Company Overview Product Portfolio
14.3.9 Rayner Intraocular Lenses Limited Company Overview Product Portfolio
14.3.10 STAAR Surgical Company Company Overview Product Portfolio Financials

Companies Mentioned

  • Alcon Inc.
  • Bausch Health Companies Inc.
  • Carl Zeiss Meditec AG (Carl-Zeiss-Stiftung)
  • EyeKon Medical Inc.
  • Hoya Corporation
  • HumanOptics AG
  • Johnson & Johnson
  • Lenstec Inc.
  • Rayner Intraocular Lenses Limited
  • STAAR Surgical Company



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