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India Ophthalmic Devices Market to Reach USD 1,549.93 Million by 2033, Growing at 5.23% CAGR - IMARC Group

02-12-2026 07:09 AM CET | Health & Medicine

Press release from: IMARC Group

India Ophthalmic Devices Market to Reach USD 1,549.93 Million

Source: IMARC Group | Category: Healthcare | Author Name: Gaurav

Report Introduction

According to IMARC Group's latest report titled "India Ophthalmic Devices Market Size, Share, Trends and Forecast by Devices, End User, and Region, 2025-2033", the market is growing due to the rising prevalence of age-related eye disorders, increasing awareness of preventive eye care, and technological advancements in diagnostic and surgical equipment. The study offers a profound analysis of the industry, encompassing market share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the high demand for cataract and refractive surgery devices, the integration of AI in diagnostics, and the expansion of private eye care chains into Tier 2 and Tier 3 cities.

Market At-A-Glance: Key Statistics (2025-2033):

• Current Market Size (2024): USD 943.8 Million
• Projected Market Size (2033): USD 1,549.93 Million
• Growth Rate (CAGR): 5.23%
• Key Segments: Surgical Devices (approx. 47.5% share), Hospitals (approx. 44.5% share), and North India Region.

Request Free Sample Report (Exclusive Offer on Corporate Email): https://www.imarcgroup.com/india-ophthalmic-devices-market/requestsample

India Ophthalmic Devices Market Overview

The India ophthalmic devices market size reached USD 943.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,549.93 Million by 2033, exhibiting a growth rate (CAGR) of 5.23% during 2025-2033.

The market is primarily driven by the high burden of eye diseases such as cataracts, glaucoma, and diabetic retinopathy in India's aging and diabetic population. Government initiatives like the National Programme for Control of Blindness (NPCB) are enhancing access to eye care, while rising disposable incomes are fueling the demand for premium elective procedures like LASIK and advanced intraocular lenses. Technological innovations, including AI-powered screening tools, portable diagnostic devices, and femtosecond lasers, are improving clinical outcomes and efficiency. Furthermore, the growth of medical tourism and the expansion of organized eye care hospital chains like Maxivision and Centre for Sight are significantly boosting market growth.

Top Emerging Trends in the India Ophthalmic Devices Market:

• AI Integration: Adoption of AI-based platforms for real-time screening of diabetic retinopathy and other conditions, enhancing diagnostic accuracy and reach.

• Teleophthalmology: Expansion of tele-screening networks to provide eye care access in remote and rural areas.

• Minimally Invasive Surgery: Increasing preference for advanced surgical devices that offer faster recovery and better precision, such as femtosecond lasers.

• Chain Expansion: Rapid scaling of private eye hospital chains into smaller cities, driving procurement of modular and cost-effective equipment.

India Ophthalmic Devices Market Growth Factors (Drivers)

• Disease Burden: High prevalence of cataracts (approx. 14.85% in older adults) and diabetic retinopathy (approx. 12.5% in diabetics) necessitating advanced care.

• Aging Population: Growing elderly demographic prone to age-related vision issues.

• Awareness: Rising public awareness about regular eye exams and preventive care.

• Infrastructure Growth: Expansion of private healthcare facilities and government support for eye care programs.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-ophthalmic-devices-market

Market Segmentation

Analysis by Devices:

• Surgical Devices

o Glaucoma Surgery Devices
o Cataract Surgery Devices
o Refractive Surgery Devices
o Other Surgical Devices

• Diagnostic and Monitoring Device

o Autorefractors and Keratometers
o Corneal Topography Systems
o Ophthalmic Ultrasound Imaging Systems
o Others

• Vision Care

o Spectacles
o Contact Lens

Analysis by End User:

• Hospitals
• Eye Care Clinics
• Diagnostic Centers

Regional Analysis:

• North India
• West and Central India
• South India
• East India

India Ophthalmic Devices Market Recent Developments & News

• May 2024: ChrysCapital invested ~USD 99.6 Million in Centre for Sight to support its expansion.

• April 2024: Warburg Pincus acquired a stake in Appasamy Associates, a leading Indian manufacturer, to drive innovation and exports.

• May 2023: Medevplus launched the portable IXanner® 7vn OCT device to improve diagnostic accessibility.

Why Buy This Report? (High-Value Insights)

• Granular Segmentation: Detailed analysis of Surgical vs. Diagnostic device trends.

• Regional Hotspots: Insights into the dominance of North India and emerging opportunities in Tier-2 cities.

• Competitive Landscape: Profiling of major players like Alcon, Bausch Health, Carl Zeiss Meditec, and Appasamy Associates.

• Future Outlook: Data-driven forecasts on the impact of AI and teleophthalmology on market reach.

Key Highlights of the Report

• Market Forecast (2025-2033): Quantitative data on market value and steady growth.

• Competitive Landscape: Comprehensive analysis of market structure and key player positioning.

• Strategic Analysis: Porter's Five Forces analysis and value chain assessment.

• Technological Trends: Insights into the adoption of portable and AI-enabled devices.

Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=30996&flag=E

Customization Note: If you require specific data we can provide it as part of our customization services.

Also Browse Related Links:

India Essential Oil Market: https://www.imarcgroup.com/india-essential-oil-market/requestsample

India Extruded Snack Food Market: https://www.imarcgroup.com/india-extruded-snack-food-market/requestsample

India Makhana Market: https://www.imarcgroup.com/india-makhana-market/requestsample

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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