Global Ocular Surgery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Device Type;
IOL (Intraocular Lenses), OVD (Ophthalmic Viscosurgical Devices), Phacoemulsification Devices, GDD (Glaucoma Drainage Device), Implants and Stents, Lasers and Systems, Vitrectomy Packs, Vitrectomy Machines, and Refractive Error Surgery DevicesBy Procedure Type;
Cataract Surgery, Glaucoma Surgery, Vitrectomy Surgery, and Refractive Error SurgeryBy End User;
Hospitals, Ophthalmic Clinics, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031)Ocular Surgery Market Overview
Ocular Surgery Market (USD Million)
Ocular Surgery Market was valued at USD 12,690.58 million in the year 2024. The size of this market is expected to increase to USD 17,976.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.
Global Ocular Surgery Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 5.1 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 5.1 % |
Market Size (2024) | USD 12,690.58 Million |
Market Size (2031) | USD 17,976.31 Million |
Market Concentration | Medium |
Report Pages | 334 |
Major Players
- Johnson & Johnson Services Inc
- Vision Care
- Alcon
- Carl Zeiss AG
- Meditec Medical Ltd Bausch & Lomb Incorporated
- Ellex
- Ziemer Ophthalmic Systems
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Ocular Surgery Market
Fragmented - Highly competitive market without dominant players
The ocular surgery market is witnessing significant growth, largely driven by the rising incidence of eye disorders like cataracts, glaucoma, and refractive errors. Nearly 70% of individuals over the age of 60 experience some degree of vision impairment, fueling demand for advanced surgical interventions. The growing preference for minimally invasive procedures is further accelerating this trend, offering patients safer and more efficient surgical options.
Advancements in Surgical Technologies
Technological innovation is reshaping the ocular surgery landscape. Approximately 40% of modern eye surgeries now rely on laser-assisted systems and robotic platforms, enhancing surgical precision and patient outcomes. These advancements have also significantly reduced recovery times, making eye surgeries more patient-friendly and efficient.
Enhanced Focus on Patient Safety and Outcomes
The market is also benefiting from a heightened focus on patient safety and clinical outcomes. Over 50% of healthcare providers now emphasize stringent infection control and comprehensive post-surgical care, reducing complication rates and supporting faster recovery, which is critical for patient satisfaction.
Supportive Insurance and Reimbursement Policies
Favorable insurance and reimbursement frameworks are further boosting the ocular surgery market. Nearly 45% of these procedures are now covered under comprehensive insurance plans, making advanced ocular surgeries more accessible to a broader patient population.
Ocular Surgery Market Recent Developments
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July 2021, Johnson & Johnson Vision, a U.S.-based subsidiary of Johnson & Johnson Services, Inc., announced the launch of its new VERITAS Vision System. This next-generation phacoemulsification system enabled eye surgeons worldwide to perform safe and highly efficient cataract surgeries.
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In April 2021, Bausch & Lomb Incorporated received FDA approval for ClearVisc, a dispersive ophthalmic viscosurgical device (OVD) designed for ocular surgery. This product, containing sorbitol, protected against free radicals during cataract procedures, enhancing patient safety and surgical outcomes.
Ocular Surgery Market Segment Analysis
In this report, the Ocular Surgery Market has been segmented by Device Type, Procedure Type, End User and Geography.
Ocular Surgery Market, Segmentation by Device Type
The Ocular Surgery Market has been segmented by Device Type into IOL (Intraocular Lenses), OVD (Ophthalmic Viscosurgical Devices), Phacoemulsification Devices, GDD (Glaucoma Drainage Device), Implants and Stents, Lasers and Systems, Vitrectomy Packs, Vitrectomy Machines, and Refractive Error Surgery Devices.
IOL (Intraocular Lenses)
These lenses are among the most widely used devices in ocular surgeries, holding a market share of around 25-30%. They are essential in cataract procedures, replacing the eye’s natural lens to restore vision. Innovations in multifocal and toric lenses are enhancing patient outcomes and driving segment growth, especially among the aging population.
OVD (Ophthalmic Viscosurgical Devices)
These devices account for approximately 10-12% of the market. They are critical for maintaining space and protecting intraocular tissues during surgery. The demand for viscoelastic agents is rising with the increasing volume of cataract and retinal procedures globally.
Phacoemulsification Devices
Contributing to about 15-18% of the market, these ultrasonic systems allow for precise lens emulsification and aspiration. They improve surgical efficiency and patient recovery time. Advancements in micro-incision technology continue to boost adoption rates.
GDD (Glaucoma Drainage Device)
These make up around 5-7% of the market. They help regulate intraocular pressure in refractory glaucoma cases where medication is ineffective. Increasing prevalence of open-angle glaucoma and greater surgeon familiarity are expanding their use in clinical practice.
Implants and Stents
This segment accounts for nearly 8-10% of the market, especially in the treatment of glaucoma and retinal disorders. Minimally invasive glaucoma surgery (MIGS) devices are gaining popularity for their ability to reduce intraocular pressure with fewer complications.
Lasers and Systems
This category contributes to roughly 10-12% of the market. These technologies are vital for procedures like refractive correction, retinal repair, and capsulotomy. Rising demand for bladeless cataract surgery and customized laser treatments is driving growth.
Vitrectomy Packs
These are used in retinal surgeries and comprise essential consumables, representing about 3-5% of the market. As the incidence of diabetic retinopathy and macular holes increases, the need for efficient supplies continues to grow.
Vitrectomy Machines
Accounting for an estimated 5-7% of the market, these systems enable precise removal of the vitreous gel during posterior segment surgeries. Improvements in cutting speed and fluidics control are enhancing surgical precision and outcomes.
Refractive Error Surgery Devices
These devices make up around 7-9% of the market and are used for procedures like LASIK, PRK, and SMILE. The increasing prevalence of myopia and hyperopia is fueling demand for advanced vision correction technologies.
Ocular Surgery Market, Segmentation by Procedure Type
The Ocular Surgery Market has been segmented by Procedure Type into Cataract Surgery, Glaucoma Surgery, Vitrectomy Surgery and Refractive Error Surgery.
Cataract Surgery
This procedure holds the largest share of the ocular surgery market, contributing approximately 40-45%. It is widely performed to replace the clouded natural lens with an intraocular lens, significantly improving vision. The growing aging population and advancements in phacoemulsification techniques are major growth drivers in this segment.
Glaucoma Surgery
Glaucoma surgery accounts for around 20-25% of the market and is essential for managing intraocular pressure in patients unresponsive to medication. The rise of minimally invasive glaucoma surgeries (MIGS) and the increased use of implants and drainage devices are enhancing treatment outcomes and surgeon preference for these procedures.
Vitrectomy Surgery
This type represents approximately 15-18% of the market and is primarily used for treating retinal detachment, diabetic retinopathy, and macular holes. Technological advancements in vitrectomy machines and minimally invasive tools are helping reduce recovery time and surgical risks.
Refractive Error Surgery
Refractive error surgery contributes to about 10-12% of the market and includes procedures such as LASIK, PRK, and SMILE. Increasing demand from younger adults and the growing burden of myopia and hyperopia are key growth drivers. High success rates and advancements in laser-based correction technologies further boost this segment.
Ocular Surgery Market, Segmentation by End User
The Ocular Surgery Market has been segmented by End User into Hospitals, Ophthalmic clinics and Others.
Hospitals
This segment accounts for the largest share of the market, approximately 50-55%, due to the availability of advanced surgical infrastructure and a high volume of inpatient and outpatient procedures. Hospitals are the primary setting for complex surgeries such as cataract removal, vitrectomy, and glaucoma treatments, often supported by government and private insurance coverage.
Ophthalmic Clinics
Ophthalmic clinics represent around 30-35% of the market. These specialized centers are preferred for routine eye surgeries, follow-up care, and laser-based refractive procedures. The convenience, shorter waiting times, and growing availability of minimally invasive technology make clinics an increasingly popular choice for elective surgeries.
Others
The ‘Others’ category, comprising ambulatory surgical centers and research institutions, accounts for approximately 10-15% of the market. These facilities often support outpatient procedures and clinical trials involving new ocular devices. The segment is expected to grow with the rising adoption of day-care surgical models and experimental therapies.
Ocular Surgery Market, Segmentation by Geography
In this report, the Global Ocular Surgery Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Ocular Surgery Market Share (%), by Geographical Region
North America
This region dominates the global market with a share of around 35-40%, driven by a high prevalence of age-related eye disorders and advanced surgical technologies. The presence of major industry players and well-established healthcare infrastructure further fuels growth. Increased adoption of minimally invasive procedures and strong reimbursement policies support sustained demand.
Europe
Europe holds a significant share of approximately 25-30% due to widespread access to specialized ophthalmic care and growing investments in vision health. Countries such as Germany, France, and the UK are key contributors, with robust public healthcare systems and increasing adoption of laser-assisted surgeries.
Asia Pacific
This fast-growing region represents nearly 20-25% of the market, driven by a large population base, rising incidence of cataracts, and expanding access to ophthalmic surgeries in emerging economies. Rapid healthcare infrastructure development in China, India, and Southeast Asia is supporting the adoption of advanced surgical devices.
Middle East & Africa
This region contributes an estimated 5-7% to the global market. Growth is supported by improving medical tourism, rising government investment in eye care services, and the establishment of specialized ophthalmology centers in the Gulf countries. However, limited access in parts of Africa still restricts broader market penetration.
Latin America
Accounting for around 5-8% of the market, this region is seeing moderate growth due to increasing awareness of preventive eye care and a rising elderly population. Brazil and Mexico lead the regional market, supported by expanding public-private partnerships and increased availability of affordable surgical options.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Ocular Surgery Market. These factors include; Market Drivers, Restraints and Opportunities.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Expanding elderly patient population
- Advancements in eye care technology
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Rising prevalence of eye disorders - The increasing prevalence of eye disorders is a major driver fueling growth in the ocular surgery market. Conditions such as cataracts, glaucoma, age-related macular degeneration, and diabetic retinopathy are becoming more widespread, particularly among aging populations and individuals with chronic diseases. These disorders often progress to stages requiring surgical intervention, significantly boosting demand for advanced ocular procedures and technologies.
Rising awareness about early diagnosis and the availability of effective surgical treatments have led to greater uptake of ophthalmic surgeries worldwide. As the global burden of vision impairment escalates, healthcare providers and surgical centers are expanding their capabilities to meet patient needs. The growing number of patients seeking timely treatment is directly accelerating the adoption of minimally invasive ocular surgeries, precision instruments, and high-performance surgical devices.
Restraints
- High Cost of Advanced Surgical Procedures
- Limited Access in Underdeveloped Regions
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Regulatory and Reimbursement Challenges - Regulatory and reimbursement challenges remain significant barriers to the growth of the ocular surgery market. Lengthy approval timelines, complex clinical trial requirements, and varying international regulatory standards can delay the introduction of innovative surgical devices and techniques. These hurdles not only increase development costs for manufacturers but also slow the pace at which new technologies reach patients in need.
In addition, inconsistent or limited reimbursement policies across healthcare systems can restrict patient access to advanced ocular procedures. High out-of-pocket costs and inadequate insurance coverage often discourage individuals from opting for necessary surgical treatments, particularly in low- and middle-income countries. These financial and policy-related constraints create disparities in care and hinder the widespread adoption of cutting-edge surgical solutions.
Opportunities
- Growing Medical Tourism
- Expansion in Emerging Markets
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Innovations in Minimally Invasive Surgeries - Recent innovations in minimally invasive surgeries are creating strong growth opportunities for the ocular surgery market. Advances in microsurgical instruments, femtosecond laser technologies, and image-guided systems have significantly improved the precision, safety, and efficiency of eye surgeries. These innovations allow ophthalmologists to perform procedures with smaller incisions, reduced tissue damage, and faster recovery times, making them highly attractive to both patients and surgeons.
Minimally invasive techniques are increasingly being applied across a range of ocular procedures, including cataract surgery, glaucoma treatment, and retinal repairs. The demand for these approaches is rising as patients seek shorter hospital stays, less postoperative discomfort, and quicker return to daily activities. In response, medical device companies are investing in next-generation surgical platforms that integrate robotics, real-time imaging, and AI-based decision support.
These advancements also support broader adoption in outpatient and ambulatory surgical settings, contributing to cost savings for healthcare systems while expanding procedural accessibility. As innovation continues to drive down complication rates and improve visual outcomes, the market is poised to benefit from a surge in preference for minimally invasive ocular interventions globally.
Competitive Landscape Analysis
Key players in Global Ocular Surgery Market include:
- Johnson & Johnson Services Inc
- Vision Care
- Alcon
- Carl Zeiss AG
- Meditec Medical Ltd Bausch & Lomb Incorporated
- Ellex
- Ziemer Ophthalmic Systems
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Device Type
- Market Snapshot, By Procedure Type
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Ocular Surgery Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Expanding elderly patient population
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Advancements in eye care technology
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Rising prevalence of eye disorders
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- Restraints
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High Cost of Advanced Surgical Procedures
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Limited Access in Underdeveloped Regions
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Regulatory and Reimbursement Challenges
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- Opportunities
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Growing Medical Tourism
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Expansion in Emerging Markets
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Innovations in Minimally Invasive Surgeries
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Ocular Surgery Market, By Device Type, 2021 - 2031 (USD Million)
- IOL (Intraocular Lenses)
- OVD (Ophthalmic Viscosurgical Devices)
- Phacoemulsification Devices
- GDD (Glaucoma Drainage Device)
- Implants and Stents
- Lasers and Systems
- Vitrectomy Packs
- Vitrectomy Machines
- Refractive Error Surgery Devices
- Global Ocular Surgery Market, By Procedure Type, 2021 - 2031 (USD Million)
- Cataract Surgery
- Glaucoma Surgery
- Vitrectomy Surgery
- Refractive Error Surgery
- Global Ocular Surgery Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Ophthalmic clinics
- Others
- Global Ocular Surgery Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Ocular Surgery Market, By Device Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Johnson & Johnson Services Inc
- Vision Care
- Alcon
- Carl Zeiss AG
- Meditec Medical Ltd Bausch & Lomb Incorporated
- Ellex
- Ziemer Ophthalmic Systems
- Company Profiles
- Analyst Views
- Future Outlook of the Market