Market revenue in 2022 | USD 193.6 million |
Market revenue in 2030 | USD 306.8 million |
Growth rate | 5.9% (CAGR from 2022 to 2030) |
Largest segment | Multifocal intraocular lenses |
Fastest growing segment | Multifocal Intraocular Lenses |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 |
Multifocal intraocular lenses was the largest segment with a revenue share of 35.07% in 2022. Horizon Databook has segmented the Japan 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 healthcare infrastructure in Japan is more advanced than other developing countries of the region. The adoption of advanced healthcare solutions is expected to increase in the country owing to rise in healthcare expenditure and increase in diseased population.
Factors such as increase in the number of health insurance providers, rise in awareness about health management, and increase in the number of patients suffering from eye diseases are boosting the adoption of premium lenses in the country.
The Society of Japanese Ophthalmology (SJO), founded in 1887 in Tokyo, is responsible for developing and organizing eye care in the country. It is responsible for the training of ophthalmologists and assures delivery of optimum quality of eye care to individuals.
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