Asia Pacific Intraocular Lens Market Size & Outlook
Asia Pacific intraocular lens market, 2018-2030 (US$M)
Related Markets
Asia Pacific intraocular lens market highlights
- The Asia Pacific intraocular lens market generated a revenue of USD 742.5 million in 2022.
- The market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, multifocal intraocular lenses was the largest revenue generating product in 2022.
- Multifocal Intraocular Lenses is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 742.5 million |
| Market revenue in 2030 | USD 1,156.4 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Multifocal intraocular lenses |
| Fastest growing segment | Multifocal Intraocular Lenses |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monofocal Intraocular Lenses, Multifocal Intraocular Lenses, Toric Intraocular Lenses, Accommodative Intraocular Lenses |
| Key market players worldwide | Alcon Inc, Bausch & Lomb Corp, Carl Zeiss Meditec AG, Staar Surgical Co, Hoya Corp, Johnson & Johnson, Rayner Surgical Group, Eyekon Medical, Lenstec, HumanOptics |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.5% of the global intraocular lens market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,156.4 million by 2030.
Multifocal intraocular lenses was the largest segment with a revenue share of 41.79% in 2022. Horizon Databook has segmented the Asia Pacific intraocular lens market based on monofocal intraocular lenses, multifocal intraocular lenses, toric intraocular lenses, accommodative intraocular lenses covering the revenue growth of each sub-segment from 2018 to 2030.
The market in this region is expected to grow at a lucrative rate during the forecast period owing to rise in geriatric population and exponential increase in diabetic population in the region. Developing economies such as Japan, China, and India are major revenue contributors in the region.
Rising prevalence of diabetic eye disease and cataract in the region is boosting the adoption of intraocular lens implants. In addition, rising awareness about advanced eye care is boosting intraocular lenses market in Asia Pacific.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Intraocular Lens Market Scope
Intraocular Lens Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific intraocular lens market size, by country, 2018-2030 (US$M)
Asia Pacific Intraocular Lens Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
