Cataract Devices Market Set to Reach USD 21.28 Billion by 2035, Growing at a CAGR of 3.8% from USD 14.68 Billion in 2025 | Fact.MR Report

Worth an estimated USD 14.68 billion in 2025, the cataract devices market is anticipated to expand to USD 21.28 billion by 2035 at a compound annual growth rate (CAGR) of 3.8% between 2025-2035.

One of the primary stimuli fueling growth in sales is increased demand for minimally invasive cataract surgery alongside consistent advances in intraocular lens (IOL) technologies. Vision impairment caused by cataracts has grown vastly worldwide over the past decade, especially in communities with limited access to preventive treatment of the eye.

This trend has caused national healthcare systems to give priority to treating cataracts, thus raising procedural volumes and driving the demand for advanced surgical technology. Furthermore, the integration of femtosecond laser-assisted surgery and image-guided systems is revolutionizing operative accuracy and safety results.

These advances are not only shortening surgery time but also improving visual recovery rates, securing the status of high-end cataract equipment in the international market

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Key Takeaways from Market Study:

The global cataract devices market is valued at USD 13.55 billion in 2022.
The market is projected to reach USD 19.49 billion by 2032.
The market is expected to expand at a CAGR of 3.7% from 2022 to 2032.
Intraocular lenses (IOLs) account for 49.7% of global market share.
Devices for nuclear sclerotic cataracts are projected to hold 39.8% share by 2032.
North America holds around 28.5% share of the global market.
Europe is expected to grow at a CAGR of 3.2% during the forecast period.
The market is set to gain 300 basis points over the next decade.

Leading Players Driving Innovation in the Cataract Devices Market:

Johnson & Johnson; Carl Zeiss Meditec AG; Bausch & Lomb; Hoya Corporation; Staar Surgical; NIDEK CO., LTD; Aurolabs; Biotech Healthcare Group; Ophtec BV; VSY Biotechnology BV; Ziemer Ophthalmic Systems AG.

Cataract Devices Market: Country-Wise CAGR Table (2025 to 2035)

United States (CAGR: 5.6%)
Driven by an aging population and high cataract prevalence, the U.S. market is expanding with strong Medicare support and growth in outpatient surgeries. Leading players like Alcon, J&J Vision, and Bausch + Lomb are investing in AI-powered surgical tools and advanced IOLs.

United Kingdom (CAGR: 5.4%)
Growth is supported by NHS modernization, public-private partnerships, and rising demand for toric lenses. Companies like Rayner and Zeiss lead with premium IOLs and surgical systems, aided by stable post-Brexit regulations.

France (CAGR: 5.5%)
Favorable reimbursement and ambulatory care adoption are increasing premium IOL usage. Companies like Horus Pharma and Alcon are modernizing surgical setups, with CE-marked innovations gaining fast access.

Germany (CAGR: 5.7%)
Germany's large ophthalmology market benefits from high insurance coverage and private clinics. Zeiss, Hoya, and Bausch + Lomb are boosting digital surgery with advanced guidance tools under MDR standards.

Italy (CAGR: 5.4%)
Aging population and day-case surgery trends are driving growth. Firms like Alfa Intes supply advanced IOLs and phaco systems, with MDR compliance supporting tech adoption.

South Korea (CAGR: 5.8%)
Government support, medical tourism, and tech-focused facilities drive demand for premium lenses. Samsung Medison and Nidek lead in laser and diagnostic innovations with increased outreach efforts.

Japan (CAGR: 5.6%)
Japan's geriatric demographics and precision-based surgical techniques boost demand for mini-incision tools and acrylic IOLs. Leaders like HOYA and Nidek thrive under PMDA's transparent regulations.

China (CAGR: 6.1%)
Urbanization and government blindness-prevention programs fuel rapid growth. Local players and global firms expand production and training under Healthy China 2030 initiatives.

Australia (CAGR: 5.5%)
High cataract prevalence and strong surgical infrastructure drive demand for advanced IOLs and diagnostics. Supported by TGA regulations, players like Zeiss and J&J Vision lead innovation.

New Zealand (CAGR: 5.3%)
Public-private efforts and increased funding are expanding surgery access. Demand is rising for toric lenses and OCT-based diagnostics, supported by Medsafe's efficient device approvals.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global cataract devices market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The cataract devices market is segmented based on product type, application, end user, and region. By product type, the market comprises Phacoemulsification Equipment, Ophthalmic Viscoelastic Devices (OVDs), Femtosecond Lasers, and Intraocular Lenses (IOLs). OVDs are further categorized into Cohesive OVDs and Dispersive OVDs, while IOLs are classified into Standard Monofocal IOLs and Premium IOLs, which include Toric IOLs, Multifocal IOLs, and Accommodative IOLs.

In terms of application, the market addresses various cataract types such as Posterior Sub-capsular Cataracts, Cortical Cataracts, Nuclear Sclerotic Cataracts, Congenital Cataracts, Traumatic Cataracts, and Others. Based on end user, the segmentation includes Hospitals, Ophthalmic Clinics, and Ambulatory Surgery Centers, reflecting the broad adoption across healthcare settings.

Regionally, the market spans North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa, indicating a global footprint and varying growth opportunities across diverse healthcare infrastructures.

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