Ophthalmic Surgical Instruments Market Report 2025

This Ophthalmic Surgical Instruments market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The ophthalmic surgical instruments market size has grown strongly in recent years. It will grow from $10.64 billion in 2024 to $11.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth during the historic period can be attributed to factors such as the rise in the aging population, an expanding geriatric demographic, the increasing prevalence of eye disorders, heightened awareness and early diagnosis, and the expansion of healthcare infrastructure.

The ophthalmic surgical instruments market size is expected to see strong growth in the next few years. It will grow to $14.52 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth expected in the forecast period is driven by improvements in eye care infrastructure, a surge in eye disorders, a rise in the prevalence of glaucoma, a high global incidence of cataracts and glaucoma, and the growing popularity of ambulatory surgery centers. Key trends during this period include the adoption of microsurgical instruments, advancements in phacoemulsification systems, integration of femtosecond lasers, the use of vitrectomy machines, and enhanced accuracy in diagnosing and treating eye disorders.

The rising incidence of eye diseases is expected to drive the growth of the ophthalmic surgical instruments market. This increase in eye diseases is attributed to factors such as aging populations, lifestyle changes such as extended screen time, and environmental factors such as pollution. Ophthalmic surgical instruments are used for diagnosing, treating, and managing various eye conditions by performing precise procedures on the delicate structures of the eye. For example, in May 2024, the Centers for Disease Control and Prevention (CDC) reported that 17.2% of Americans aged 40 and older, roughly 20.5 million people, will have cataracts in at least one eye by 2024, with that number projected to rise to over 30 million by 2028. As a result, the increasing prevalence of eye diseases is driving the growth of the ophthalmic surgical instruments market.

Companies in the ophthalmic surgical instruments market are focusing on developing cutting-edge solutions, such as bladeless technology, to improve surgical procedures and enhance patient outcomes. Bladeless technology eliminates the need for rotating blades, using alternative mechanisms such as airflow or tissue removal to enhance safety and efficiency. For example, in August 2022, Sight Sciences, a US-based medical technology company, introduced the SION Surgical Instrument, designed to remove the trabecular meshwork and reduce intraocular pressure in glaucoma patients. This instrument features a bladeless design for safe tissue excision, micro-engineered precision for smooth navigation around Schlemm’s canal, enhanced maneuverability within the anterior chamber, single-use sterility to minimize infection risks, and greater efficiency in tissue removal, marking a significant advancement in minimally invasive glaucoma surgery.

In June 2022, GTCR LLC, a US-based private equity firm, and Corza Medical, a US-based manufacturer of innovative surgical technologies, acquired Barron Precision Instruments LLC for an undisclosed amount. This acquisition allows Corza Medical to strengthen its portfolio of ophthalmic surgery products, expand its manufacturing capabilities, and solidify its position in the ophthalmic market by providing high-quality surgical solutions and exceptional customer service. Barron Precision Instruments LLC is a US-based manufacturer specializing in high-quality surgical instruments for ophthalmology.

Major players in the ophthalmic surgical instruments market are Johnson & Johnson, Medtronic Plc, Alcon Inc., Hoya Corporation, Carl Zeiss Meditec AG, Santen Pharmaceutical, Corza Opthalmology, Lumenis, Haag-Streit Group, Accutome Inc., Millennium Surgical Corp, Appasamy Associates, Tomey Corporation, IndoSurgicals, Microtrack Surgicals, INKA Surgical Instruments, Surgical Holdings, Devine Meditech, Ambler Surgical, and ASICO LLC.

North America was the largest region in the ophthalmic surgical instruments market in 2024. The regions covered in ophthalmic surgical instruments report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ophthalmic surgical instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Ophthalmic surgical instruments are specialized tools designed for eye surgery, enabling various procedures such as cataract removal, corneal transplants, retinal surgery, and more. These instruments are crafted to be precise, delicate, and safe for use in the small, sensitive environment of the eye.

The primary types of ophthalmic surgical instruments include microscopes, illumination devices, phacoemulsification instruments, lasers, intraocular lenses, shunts and drainage devices, viscoelastic devices, and surgical accessories. Microscopes are crucial in ophthalmic surgeries, providing high magnification for precise operations on delicate eye structures. These microscopes are used in multiple surgeries such as cataract, glaucoma, refractive, and vitreoretinal surgeries, and are found in various healthcare settings, including hospitals, clinics, ambulatory surgery centers, and more.

The ophthalmic surgical instruments market research report is one of a series of new reports that provides ophthalmic surgical instruments market statistics, including ophthalmic surgical instruments industry global market size, regional shares, competitors with an ophthalmic surgical instruments market share, detailed ophthalmic surgical instruments market segments, market trends and opportunities, and any further data you may need to thrive in the ophthalmic surgical instruments industry. This ophthalmic surgical instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ophthalmic surgical instruments market consists of sales of needle holders, knives, cannulas, forceps, and phacoemulsification systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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