United States Hydrophilic Intraocular Lens (IOLs) Market 2025 | Growth Drivers, Competitive Landscape & Investment Opportunities

MARKET SIZE AND GROWTH

The Hydrophilic Intraocular Lens (IOLs) Market is estimated to reach at a high CAGR 5.1% during the forecast period (2023-2030).

Key Development:

United States: Recent Industry Developments

✅ In July 2025, BVI Medical launched the SERENITY IOLs featuring ISOFOCAL technology, enhancing visual outcomes for cataract patients. This innovation underscores BVI's commitment to advancing ophthalmic technology.

✅ In May 2025, Alcon introduced the Clareon Vivity extended depth of focus (EDOF) IOL, now available with its latest lens material. This advancement aims to provide patients with a broader range of clear vision post-surgery.

Japan: Recent Industry Developments

✅ In July 2025, SEED Co Ltd, Alcon Japan Ltd, and Toray Industries Inc were identified as significant participants in the Japanese intraocular lens market, contributing to the sector's growth through innovation and strategic partnerships.

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Hydrophilic intraocular lenses (IOLs) are implantable lenses made from water-attracting polymer materials, used to replace the natural lens of the eye during cataract surgery. They offer flexibility, biocompatibility, and reduced risk of post-surgical complications, improving visual clarity and patient comfort.

Recent Mergers and acquisitions:

United States: Recent M&A Activity in the Hydrophilic IOL Sector

✅ In August 2025, Alcon announced its agreement to acquire STAAR Surgical Company for $1.5 billion. STAAR is renowned for its Implantable Collamer® Lenses (ICLs), and this acquisition aims to expand Alcon's portfolio in refractive vision correction.

✅ In May 2025, Alcon also agreed to acquire LENSAR, a company specializing in femtosecond laser technology for cataract surgery. The acquisition, valued at approximately $356 million, includes LENSAR's ALLY Robotic Cataract Laser Treatment System and proprietary Streamline software technology.

✅ In May 2025, Addtronics acquired DAC International, a leading manufacturer of ultra-precision equipment for contact lens and intraocular lens (IOL) production. This acquisition strengthens Addtronics' position in the medical device automation sector, enhancing its capabilities in IOL manufacturing.

Japan: Recent M&A Activity in the Hydrophilic IOL Sector

✅ In August 2025, EssilorLuxottica announced its agreement to acquire Optegra, a network of over 70 ophthalmic clinics across Europe. While not directly related to hydrophilic IOLs, this acquisition enhances EssilorLuxottica's presence in medical technology, integrating advanced diagnostics and surgical treatments with its eyecare services.

Key Players:

=> Physiol, Rayner Intraocular Lenses, Alcon, Oculentis, SAV IOL, Carl Zeiss Meditec, Ophtec, Hoya Corporation, Bausch + Lomb, Staar Surgical Company, Johnson and Johnson Tianjin JingMing New Tech. Devp. Co., Ltd, HANSON MEDITEC CO., LTD and Huaian Meide Medical Instrument Co., Ltd

Growth Forecast Projected:

The Global Hydrophilic Intraocular Lens Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Hydrophilic Intraocular Lens Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Product Type: Foldable IOLs, PMMA IOLs

➥ By Applications: Hospitals, Clinics

Regional Analysis for Hydrophilic Intraocular Lens Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Hydrophilic Intraocular Lens producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Hydrophilic Intraocular Lens revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Hydrophilic Intraocular Lens Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2023 to 2030.

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