India Intraocular Lens Market Size & Outlook, 2022-2030

The intraocular lens market in India is expected to reach a projected revenue of US$ 187.6 million by 2030. A compound annual growth rate of 6.9% is expected of India intraocular lens market from 2023 to 2030.
Revenue, 2022 (US$M)
$109.7
Forecast, 2030 (US$M)
$187.6
CAGR, 2023 - 2030
6.9%
Report Coverage
India

India intraocular lens market highlights

  • The India intraocular lens market generated a revenue of USD 109.7 million in 2022 and is expected to reach USD 187.6 million by 2030.
  • The India market is expected to grow at a CAGR of 6.9% 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 109.7 million
Market revenue in 2030USD 187.6 million
Growth rate6.9% (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, India accounted for 2.6% 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 Asia Pacific, Japan intraocular lens market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 187.6 million by 2030.

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Intraocular Lens Market Companies

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India intraocular lens market size, by product, 2018-2030 (US$M)

India Intraocular Lens Market Outlook Share, 2022 & 2030 (US$M)

India intraocular lens market size, by product, 2018-2030 (US$M)

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