Intraocular Lens Market Revenue to Attain USD 8.09 Bn by 2035
Published: 08 Dec 2025
Author: Precedence Research
Intraocular Lens Market Revenue and Trends 2026 to 2035
The global intraocular lens market revenue reached USD 5.10 billion in 2025 and is predicted to attain around USD 8.09 billion by 2035 with a CAGR of 4.72%. This market is experiencing unprecedented growth, driven by rising global cataract surgeries and increasing demand for premium intraocular lenses (IOLs).
What are the Factors That Have a Significant Contribution to the Growth of the Intraocular lens market?
The increasing prevalence of eye-related diseases, particularly cataracts in an aging global population, has significantly increased the demand for intraocular lenses (IOLs) during the forecast period. Advances in minimally invasive surgical methods have led to reduced recovery times and enhanced patient comfort. The market’s growth is primarily driven by increasing demand for vision correction options, supportive government healthcare initiatives, extended exposure to digital screens, technological improvements in premium intraocular lenses (IOLs), such as multifocal and toric lenses, and favorable reimbursement policies for eye care.
Intraocular Lens Market Coverage
| Report Attribute | Key Statistics |
| Market Revenue in 2025 | USD 5.10 Billion |
| Market Revenue by 2035 | USD 8.09 Billion |
| CAGR from 2026 to 2035 | 4.72% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2025 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa |
Segment Insights
- By product, the multifocal intraocular lenses segment captured the highest market share in 2024. The segment's growth is driven by rising demand for spectacle independence following cataract surgery. Multifocal IOLs enable patients to achieve clear vision at multiple distances after cataract surgery without glasses, which appeals to individuals.
- In June 2025, Johnson & Johnson launched ACUVUE OASYS MAX 1-Day MULTIFOCAL for ASTIGMATISM, the first and only daily disposable contact lens for people with both astigmatism and presbyopia. This pioneering contact lens provides patients with crisp, clear, stable vision at all distances and in all lighting conditions, along with all-day comfort.
- By end use, the hospitals segment accounted for the majority market share in 2024. Hospitals are major end users in the intraocular lens market. Hospitals are a highly preferred choice for cataract surgeries among patients, owing to their presence of highly skilled ophthalmologists, improved care services, and wide access to advanced diagnostic tools and advanced eye surgical equipment.]
- In October 2025, ASG Eye Hospital, one of India’s fastest-growing super-specialty eye-care chains with 175+ hospitals and 200 vision centres across 87 cities, announced a partnership with Bavishi Eye Hospitals to expand eye care in Gujarat. These centres will be manned around the clock for all specialities and sub-specialities under one roof.
Regional Insights
The North America region dominates the global intraocular lens market. The region has a presence of highly developed healthcare facilities, including modern hospitals, clinics, and specialized eye research institutes. The region's dominance is primarily driven by its well-established ophthalmic infrastructure, rising patient demand for vision correction options, a surge in the geriatric population, rapid advances in lens technology, increasing demand for minimally invasive surgery, and the rising prevalence of cataracts. Supportive government programs for comprehensive eye care services in the North America region have increased the volume of cataract surgeries and expanded access to affordable treatment. Such a combination of factors is expected to boost growth in the intraocular lens market in North America.
On the other hand, the European region is a rapidly growing market for intraocular lenses. The region has an advanced healthcare infrastructure that facilitates effective treatment of eye-related diseases, including diabetic eye disease, glaucoma, cataracts, and others. The growth of the region is attributed to advanced diagnostic capabilities, an aging global population, increasing awareness of vision correction options, a growing demand for spectacle-independent vision solutions, and favorable reimbursement policies. These factors are anticipated to drive the expansion of the intraocular lens market in the region.
Recent Developments:
- In April 2025, Alcon launched Clareon PanOptix Pro intraocular lens (IOL) for cataract patients in the U.S. PanOptix Pro leverages proprietary ENLIGHTEN NXT Optical technology. These enhancements also provide more uniform light distribution from far to near and a 16% increase in optical image contrast between far and intermediate. PanOptix Pro builds on the clinically-proven low visual disturbance profile, high spectacle independence, and exceptionally high patient satisfaction of PanOptix.
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