Intraocular Lens Market worth $6.17 billion by 2030
The report "Intraocular Lens Market by Type (Monofocal IOLs (Spheric Monofocal IOLs), Premium IOLs (Accommodating IOLs)), Material (Hydrophobic Acrylic IOLs, PolyMethylMethAcrylate, Silicon IOLs), Application (Presbyopia), End User (Hospitals) - Global Forecast to 2030 ", is projected to reach USD 6.17 billion by 2030 from USD 4.62 billion in 2025, at a CAGR of 6.0% during the forecast period.
Browse 222 market data Tables and 50 Figures spread through 239 Pages and in-depth TOC on "Intraocular Lens Market by Type (Monofocal IOLs (Spheric Monofocal IOLs), Premium IOLs (Accommodating IOLs)), Material (Hydrophobic Acrylic IOLs, PolyMethylMethAcrylate, Silicon IOLs), Application (Presbyopia), End User (Hospitals) - Global Forecast to 2030 "
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The intraocular lens market is driven by the rising prevalence of cataracts, the rapid adoption of premium lenses, and technological advancements that improve surgical outcomes. However, the high cost of premium IOLs and limited reimbursement in developing regions restrain adoption. Opportunities arise from expanding healthcare access in emerging markets, increasing demand for personalized optics, and ongoing innovations such as EDOF and presbyopia-correcting lenses that enhance visual performance and broaden the market’s value potential.
The aspheric monofocal IOLs segment held the largest share of the monofocal IOLs market in 2024.
Aspheric monofocal IOLs hold the largest market share because they offer reliable visual outcomes, improved contrast sensitivity, and reduced spherical aberrations at an affordable cost. Their strong clinical performance, wide surgeon preference, and broad reimbursement coverage make them the standard choice for routine cataract surgeries. High patient acceptance and consistent availability across global markets further reinforce their dominant position.
The cataract surgery segment held the largest share of the intraocular lens market, by application, in 2024.
Cataract surgery holds the largest market share in the IOLs market because it is the most commonly performed ophthalmic procedure worldwide, driven by the rising prevalence of cataracts and aging populations. IOL implantation is a standard part of cataract treatment, ensuring consistent demand. Technological advancements, improved surgical outcomes, and widespread reimbursement support further strengthen the dominance of this application segment in the overall IOLs market.
In 2024, North America accounted for the largest share of the intraocular lens market.
North America holds the largest market share in the IOLs market due to its high volume of cataract surgeries, advanced ophthalmic infrastructure, and strong adoption of premium and technologically advanced IOLs. Favorable reimbursement policies, widespread availability of skilled surgeons, and continuous innovation from leading manufacturers further strengthen regional leadership. Additionally, high patient awareness, early adoption of new technologies, and strong healthcare spending contribute to North America’s dominant position in the global IOLs market.
Key Market Players
Prominent players in the intraocular lens market are Alcon (US), Johnson & Johnson Vision Care, Inc. (US), Carl Zeiss Meditec AG (Germany), HOYA Corporation (Japan), Bausch + Lomb (US), Santen Pharmaceutical Co., Ltd. (Japan), NIDEK CO., LTD. (Japan), Lenstec, Inc. (US), Rayner Group (England), BVI (US), OPHTEC B.V. (Netherlands), SAV-IOL SA (Switzerland), Appasamy Associates Private Limited (India), Atia Vision, Inc. (US), and Biotech (Switzerland), among others.
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