Gulf Cooperation Council Intraocular Lens Market Size & Outlook

The intraocular lens market in Gulf Cooperation Council is expected to reach a projected revenue of US$ 55.3 million by 2030. A compound annual growth rate of 6.2% is expected of Gulf Cooperation Council intraocular lens market from 2023 to 2030.
Revenue, 2022 (US$M)
$34.3
Forecast, 2030 (US$M)
$55.3
CAGR, 2023 - 2030
6.2%
Report Coverage
Gulf Cooperation Council

Gulf Cooperation Council intraocular lens market highlights

  • The Gulf Cooperation Council intraocular lens market generated a revenue of USD 34.3 million in 2022 and is expected to reach USD 55.3 million by 2030.
  • The Gulf Cooperation Council market is expected to grow at a CAGR of 6.2% 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.


Intraocular lens market data book summary

Market revenue in 2022USD 34.3 million
Market revenue in 2030USD 55.3 million
Growth rate6.2% (CAGR from 2022 to 2030)
Largest segmentMultifocal intraocular lenses
Fastest growing segmentMultifocal Intraocular Lenses
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMonofocal Intraocular Lenses, Multifocal Intraocular Lenses, Toric Intraocular Lenses, Accommodative Intraocular Lenses
Key market players worldwideAlcon 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, Gulf Cooperation Council accounted for 0.8% of the global intraocular lens market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa intraocular lens market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 21.5 million by 2030.

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Intraocular Lens Market Companies

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Gulf Cooperation Council intraocular lens market size, by product, 2018-2030 (US$M)

Gulf Cooperation Council Intraocular Lens Market Outlook Share, 2022 & 2030 (US$M)

Gulf Cooperation Council intraocular lens market size, by product, 2018-2030 (US$M)

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