Global Cataract Surgery Devices And Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Intraocular Lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment, and Femtosecond Laser EquipmentBy Application;
Ophthalmology Centers, Hospitals, and ClinicsBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Cataract Surgery Devices And Equipment Market Overview
Cataract Surgery Devices And Equipment Market (USD Million)
Cataract Surgery Devices And Equipment Market was valued at USD 6,217.92 million in the year 2024. The size of this market is expected to increase to USD 9,662.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.
Global Cataract Surgery Devices And Equipment Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 6.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 6.5 % |
Market Size (2024) | USD 6,217.92 Million |
Market Size (2031) | USD 9,662.57 Million |
Market Concentration | Medium |
Report Pages | 333 |
Major Players
- Alcon, Inc.
- Abbott Laboratories
- Carl Zeiss Meditech AG
- Essilor International S.A.
- Opcon Corporation
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Cataract Surgery Devices And Equipment Market
Fragmented - Highly competitive market without dominant players
The Cataract Surgery Devices and Equipment Market is experiencing significant growth, fueled by the increasing prevalence of cataracts and continuous advancements in surgical technologies. Cataracts, which are the primary cause of visual impairment worldwide, are becoming more common, particularly among the aging population. Reports show that over 50% of people aged 65 and older are affected by cataracts, which has driven the demand for innovative surgical solutions. With these growing numbers, the market is seeing a surge in demand for high-quality devices and equipment used in cataract surgery.
Technological Innovations in Cataract Surgery
Advances in technology have drastically improved the precision and effectiveness of cataract surgeries. Laser-assisted cataract surgery (LACS) has emerged as a breakthrough, offering a more precise method compared to traditional techniques. Laser systems now account for 30% of cataract surgeries, and this percentage is expected to rise due to their ability to minimize complications and shorten recovery times. The growing Cataract Surgery Devices And Equipment Marketadoption of LACS is driving the market's growth, as patients and healthcare providers seek more efficient and safer surgical alternatives.
Surge in Demand for Premium Equipment
The demand for advanced ophthalmic equipment, including intraocular lenses (IOLs) and phacoemulsification machines, is rising alongside the complexity of cataract surgeries. Premium IOLs, which offer superior long-term visual clarity and reduce post-surgical complications, now make up approximately 40% of the IOL market. Additionally, phacoemulsification equipment remains dominant, performing over 60% of cataract surgeries worldwide due to its proven success and efficiency in removing cataracts.
Investments in Ophthalmic Care Infrastructure
Ongoing investments in modern eye care infrastructure are significantly impacting the growth of the cataract surgery devices market. Many hospitals and clinics are upgrading their equipment to meet the rising demand for cataract surgeries. Currently, 45% of healthcare investments are directed towards ophthalmic care, helping make cutting-edge surgical tools more accessible to patients. This increased focus on eye health infrastructure is enabling the widespread availability of advanced equipment, facilitating more efficient cataract surgeries.
Cataract Surgery Devices And Equipment Market Recent Developments
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In January 2022, Alcon launched the AcrySof IQ Vivity IOL in India, designed with wavefront-shaping technology to improve visual outcomes for patients undergoing cataract surgery. This innovative intraocular lens (IOL) aims to provide superior visual clarity, offering enhanced depth of focus and reduced dependency on glasses post-surgery. The introduction of the AcrySof IQ Vivity IOL reflects Alcon's commitment to advancing ophthalmic solutions, ensuring patients experience clearer vision and improved quality of life following cataract procedures.
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In February 2023, the growing trend of outpatient cataract surgery centers (ASCs) has significantly contributed to the expansion of the cataract surgery equipment market. More patients are choosing outpatient settings for cataract surgeries due to the advantages of lower costs and quicker recovery times. This shift is helping drive the demand for specialized surgical equipment, as ASCs become a preferred option for many individuals seeking efficient and affordable eye care.
Cataract Surgery Devices And Equipment Market Segment Analysis
In this report, the Cataract Surgery Devices And Equipment Market has been segmented by Type, Application and Geography.
Cataract Surgery Devices And Equipment Market, Segmentation by Type
The Cataract Surgery Devices And Equipment Market has been segmented by Type into Intraocular Lens (IOL), Ophthalmic viscoelastic device (OVD), Phacoemulsification Equipment and Femtosecond Laser Equipment.
Intraocular Lens (IOL)
Intraocular lenses (IOLs) are the most commonly used devices in cataract surgery, making up around 40% of the market. These artificial lenses are implanted to restore vision after the removal of the cloudy natural lens. With advancements in multifocal, aspheric, and toric IOLs, adoption has grown significantly, particularly among patients seeking enhanced visual outcomes.
Ophthalmic Viscoelastic Device (OVD)
OVDs are critical during cataract surgery for maintaining anterior chamber depth and protecting delicate ocular tissues. They account for approximately 25% of the market. Their role in reducing surgical trauma and facilitating smoother intraocular lens implantation has solidified their place in modern cataract procedures.
Phacoemulsification Equipment
Phacoemulsification devices are a gold standard in cataract surgery, utilizing ultrasound technology to emulsify and remove the eye’s natural lens. They comprise about 20% of the global market and are favored for their high precision, low risk, and fast recovery times, especially in advanced clinical settings.
Femtosecond Laser Equipment
Femtosecond laser equipment enables bladeless, highly accurate procedures by performing precise corneal incisions and lens fragmentation. Representing close to 15% of the market, this segment is rapidly gaining ground in high-end ophthalmic centers for its role in improving consistency and reducing surgical complications.
Cataract Surgery Devices And Equipment Market, Segmentation by Application
The Cataract Surgery Devices And Equipment Market has been segmented by Application into Ophthalmology Centers, Hospitals and Clinics.
Ophthalmology Centers
Ophthalmology centers lead the application segment with about 45% market share. These facilities are dedicated to eye care, equipped with cutting-edge devices, and staffed by specialized ophthalmologists. Their focus on precision, elective surgeries, and advanced treatments makes them a preferred choice for cataract patients seeking high-quality care.
Hospitals
Hospitals represent approximately 35% of the cataract devices market. They offer comprehensive services and benefit from an integrated approach to patient care. With a growing emphasis on surgical innovation and expanded ophthalmology departments, hospitals continue to invest in state-of-the-art cataract equipment.
Clinics
Clinics make up nearly 20% of the market and are pivotal in delivering primary-level cataract care. These facilities are generally more accessible in semi-urban and rural settings, offering cost-effective procedures and shorter wait times. Their growing role in community-level eye health services is boosting their contribution to the market.
Cataract Surgery Devices And Equipment Market, Segmentation by Geography
In this report, the Cataract Surgery Devices And Equipment Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Cataract Surgery Devices And Equipment Market Share (%), by Geographical Region
North America
North America leads the cataract surgery devices and equipment market, accounting for approximately 35% of the total share. The region’s dominance is driven by the widespread availability of advanced surgical technologies, a high cataract prevalence, and robust healthcare reimbursement systems. The United States, in particular, continues to be a hub for innovation and high-volume cataract procedures.
Europe
Europe represents close to 25% of the market, fueled by a rapidly aging population and strong healthcare infrastructure. Countries such as Germany, France, and the United Kingdom are major contributors, with increased adoption of femtosecond laser systems and premium intraocular lenses (IOLs) supporting steady growth across the region.
Asia Pacific
Asia Pacific is the fastest-growing region in the global market, currently contributing around 20%. A surge in cataract prevalence, improvements in healthcare access, and rising investments in ophthalmic services across nations like China, India, and Japan are accelerating demand for advanced cataract treatment technologies.
Middle East and Africa
The Middle East and Africa region holds an estimated 10% share of the global market. Growth in this area is supported by expanding vision care awareness, government-led eye health initiatives, and a gradual rise in specialized ophthalmology centers, particularly in Gulf nations.
Latin America
Latin America comprises about 10% of the cataract surgery devices market. Countries such as Brazil, Mexico, and Argentina are focusing on improving access to cataract surgery through both public healthcare efforts and private sector expansion. An aging population and increased healthcare funding continue to propel regional demand.
Cataract Surgery Devices And Equipment Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Cataract Surgery Devices And Equipment Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunities
Drivers:
- Rising geriatric population with vision impairment
- Advancements in cataract surgical technologies
- Growing demand for minimally invasive procedures
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Increased access to ophthalmic healthcare services - The cataract surgery devices and equipment market is primarily driven by the rising number of cataract procedures performed worldwide. With cataracts being one of the leading causes of visual impairment and blindness, the demand for surgical intervention is growing steadily, especially among the aging population. This demographic trend, coupled with increasing healthcare access, is accelerating the adoption of specialized devices such as phacoemulsification systems, femtosecond lasers, and intraocular lenses (IOLs).
Moreover, continuous technological advancements in cataract surgery equipment are improving the safety, efficiency, and outcomes of procedures, making them more attractive to both patients and surgeons. The integration of minimally invasive techniques and image-guided systems enhances surgical precision while reducing recovery times, further boosting procedural volume. These innovations not only support better patient outcomes but also contribute to the overall expansion of the market by meeting the evolving demands of modern ophthalmic care.
Restraints
- High cost of advanced surgical equipment
- Shortage of skilled ophthalmic surgeons
- Limited reimbursement in low-income countries
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Risk of complications post cataract surgery - The risk of complications post cataract surgery serves as a notable restraint in the cataract surgery devices and equipment market. Although the procedure is generally safe and highly effective, potential adverse outcomes such as endophthalmitis, posterior capsule opacification (PCO), inflammation, or retinal detachment may deter patients from opting for surgical treatment. These risks can create hesitation among individuals, especially in regions where post-operative care is limited or poorly managed.
Additionally, the perception of these risks may affect the adoption of certain advanced surgical devices and techniques, particularly if healthcare professionals are not adequately trained in their use. Concerns about complications may also increase the burden on healthcare systems due to the need for follow-up visits, corrective procedures, or prolonged recovery times. These factors collectively impact the market's growth by limiting both patient uptake and physician willingness to transition to newer technologies without sufficient support and training.
Opportunities
- Expansion of eye care in emerging markets
- Innovation in femtosecond laser systems
- Government initiatives for blindness prevention
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Growth in ambulatory surgical centers adoption - The growing adoption of ambulatory surgical centers (ASCs) presents a strong opportunity for the cataract surgery devices and equipment market. ASCs offer a cost-effective, patient-friendly alternative to hospital-based surgeries, making cataract procedures more accessible. These centers typically enable faster scheduling, reduced procedural costs, and shorter recovery times, aligning with the rising demand for minimally invasive and high-efficiency surgical solutions.
As cataract surgeries are typically elective and low-risk, they are ideally suited for outpatient settings like ASCs. This shift has led to increased utilization of portable and compact surgical equipment designed specifically for these environments. Manufacturers are now focusing on developing streamlined devices that can be easily integrated into ASC workflows without compromising precision or safety.
Moreover, ASCs are gaining popularity in both developed and emerging markets due to their operational efficiency and lower overhead costs. Governments and private payers are also encouraging the use of ASCs to reduce the burden on hospital infrastructure, further stimulating demand for specialized cataract surgery equipment. This trend supports market growth by expanding the customer base for ophthalmic device manufacturers.
In the long term, the increasing number of ASCs is expected to drive consistent demand for advanced cataract surgery devices, including phacoemulsification machines, intraocular lenses (IOLs), and disposable surgical instruments. As more patients and providers transition toward these settings, the market will benefit from higher procedural volumes and greater device turnover, reinforcing its expansion trajectory.
Cataract Surgery Devices And Equipment Market Competitive Landscape Analysis
Key players in Cataract Surgery Devices And Equipment Market include
- Alcon Inc.
- Johnson & Johnson Vision
- Carl Zeiss Meditec AG
- Bausch & Lomb Incorporated
- Hoya Corporation
- STAAR Surgical Company
- NIDEK Co., Ltd.
- Essilor International S.A.
- Rayner Intraocular Lenses Limited
- Oertli Instrumente AG
- Aurolab
- Biotech Healthcare Group
- Ophtec BV
- VSY Biotechnology BV
- Ziemer Ophthalmic Systems AG
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Cataract Surgery Devices And Equipment Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising geriatric population with vision impairment
- Advancements in cataract surgical technologies
- Growing demand for minimally invasive procedures
- Increased access to ophthalmic healthcare services
- Restraints
- High cost of advanced surgical equipment
- Shortage of skilled ophthalmic surgeons
- Limited reimbursement in low-income countries
- Risk of complications post cataract surgery
- Opportunities
- Expansion of eye care in emerging markets
- Innovation in femtosecond laser systems
- Government initiatives for blindness prevention
- Growth in ambulatory surgical centers adoption
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Cataract Surgery Devices And Equipment Market, By Type, 2021 - 2031 (USD Million)
- Intraocular Lens (IOL)
- Ophthalmic viscoelastic device (OVD)
- Phacoemulsification Equipment
- Femtosecond Laser Equipment
- Cataract Surgery Devices And Equipment Market, By Application, 2021 - 2031 (USD Million)
- Ophthalmology Centers
- Hospitals
- Clinics
- Cataract Surgery Devices And Equipment Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Cataract Surgery Devices And Equipment Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Alcon Inc.
- Johnson & Johnson Vision
- Carl Zeiss Meditec AG
- Bausch & Lomb Incorporated
- Hoya Corporation
- STAAR Surgical Company
- NIDEK Co., Ltd.
- Essilor International S.A.
- Rayner Intraocular Lenses Limited
- Oertli Instrumente AG
- Aurolab
- Biotech Healthcare Group
- Ophtec BV
- VSY Biotechnology BV
- Ziemer Ophthalmic Systems AG
- Company Profiles
- Analyst Views
- Future Outlook of the Market