Ocular Surgery Market

By Device Type;

IOL (Intraocular Lenses), OVD (Ophthalmic Viscosurgical Devices), Phacoemulsification Devices, GDD (Glaucoma Drainage Device), Implants & Stents, Lasers & Systems, Vitrectomy Packs, Vitrectomy Machines and Refractive Error Surgery Devices

By Procedure Type;

Cataract Surgery, Glaucoma Surgery, Vitrectomy Surgery and Refractive Error Surgery

By End User;

Hospitals, Ophthalmic Clinics and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn139992722 Published Date: August, 2025

Ocular Surgery Market Overview

Ocular Surgery Market (USD Million)

Ocular Surgery Market was valued at USD 12,690.58 million in the year 2024. The size of this market is expected to increase to USD 17,976.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.


Ocular Surgery Market

*Market size in USD million

CAGR 5.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.1 %
Market Size (2024)USD 12,690.58 Million
Market Size (2031)USD 17,976.31 Million
Market ConcentrationMedium
Report Pages334
12,690.58
2024
17,976.31
2031

Major Players

  • Johnson & Johnson Services Inc
  • Vision Care
  • Alcon
  • Carl Zeiss AG
  • Meditec Medical Ltd Bausch & Lomb Incorporated
  • Ellex
  • Ziemer Ophthalmic Systems

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Ocular Surgery Market

Fragmented - Highly competitive market without dominant players


The ocular surgery market is witnessing significant growth, largely driven by the rising incidence of eye disorders like cataracts, glaucoma, and refractive errors. Nearly 70% of individuals over the age of 60 experience some degree of vision impairment, fueling demand for advanced surgical interventions. The growing preference for minimally invasive procedures is further accelerating this trend, offering patients safer and more efficient surgical options.

Advancements in Surgical Technologies
Technological innovation is reshaping the ocular surgery landscape. Approximately 40% of modern eye surgeries now rely on laser-assisted systems and robotic platforms, enhancing surgical precision and patient outcomes. These advancements have also significantly reduced recovery times, making eye surgeries more patient-friendly and efficient.

Enhanced Focus on Patient Safety and Outcomes
The market is also benefiting from a heightened focus on patient safety and clinical outcomes. Over 50% of healthcare providers now emphasize stringent infection control and comprehensive post-surgical care, reducing complication rates and supporting faster recovery, which is critical for patient satisfaction.

Supportive Insurance and Reimbursement Policies
Favorable insurance and reimbursement frameworks are further boosting the ocular surgery market. Nearly 45% of these procedures are now covered under comprehensive insurance plans, making advanced ocular surgeries more accessible to a broader patient population.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Device Type
    2. Market Snapshot, By Procedure Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Ocular Surgery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expanding elderly patient population

        2. Advancements in eye care technology

        3. Rising prevalence of eye disorders

      2. Restraints
        1. High Cost of Advanced Surgical Procedures

        2. Limited Access in Underdeveloped Regions

        3. Regulatory and Reimbursement Challenges

      3. Opportunities
        1. Premium intraocular lens demand increasing

        2. Integrated digital surgical workflows evolving

        3. Innovations in Minimally Invasive Surgeries

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ocular Surgery Market, By Device Type, 2021 - 2031 (USD Million)
      1. IOL (Intraocular Lenses)
      2. OVD (Ophthalmic Viscosurgical Devices)
      3. Phacoemulsification Devices
      4. GDD (Glaucoma Drainage Device)
      5. Implants and Stents
      6. Lasers and Systems
      7. Vitrectomy Packs
      8. Vitrectomy Machines
      9. Refractive Error Surgery Devices
    2. Ocular Surgery Market, By Procedure Type, 2021 - 2031 (USD Million)
      1. Cataract Surgery
      2. Glaucoma Surgery
      3. Vitrectomy Surgery
      4. Refractive Error Surgery
    3. Ocular Surgery Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ophthalmic clinics
      3. Others
    4. Ocular Surgery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Alcon
      2. Johnson & Johnson Vision
      3. Carl Zeiss Meditec AG
      4. Bausch + Lomb
      5. Glaukos Corporation
      6. Topcon Corporation
      7. STAAR Surgical Company
      8. Hoya Corporation
      9. NIDEK Co., Ltd.
      10. Lumenis Ltd.
      11. Rayner Intraocular Lenses Ltd.
      12. Essilorluxottica
  7. Analyst Views
  8. Future Outlook of the Market