Eye Care Surgical Market Report by Product (Implants and Stents, Laser Surgery Device, Phacoemulsification Equipment, Viscoelastics), Application (Cataract Surgery, Oculoplastic Surgery, Vitreo-Retinal Surgery, Corneal Surgery, Refractive Surgery, Glaucom

Eye Care Surgical Market Report by Product (Implants and Stents, Laser Surgery Device, Phacoemulsification Equipment, Viscoelastics), Application (Cataract Surgery, Oculoplastic Surgery, Vitreo-Retinal Surgery, Corneal Surgery, Refractive Surgery, Glaucoma Surgery, and Others), End User (Hospitals, Ophthalmology Clinics, Eye Research Institutes, Ambulatory Surgical Centers), and Region 2024-2032

The global eye care surgical market size reached US$ 6.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The rising aging population, growing incidence of eye diseases, increasing awareness and access to healthcare, constant lifestyle changes, and stringent government initiatives and insurance coverage schemes represent some of the key factors driving the market.

Eye care surgical refers to a branch of medicine that focuses on surgical procedures aimed at diagnosing, treating, and correcting various conditions and diseases affecting the eyes. It encompasses a wide range of surgical interventions performed by ophthalmologists, specialized medical professionals who specialize in eye care. Eye care surgical procedures can address a multitude of conditions, including cataracts, glaucoma, refractive errors (such as nearsightedness, farsightedness, and astigmatism), corneal disorders, retinal diseases, and eye injuries. Some commonly performed eye care surgical procedures include cataract surgery, which involves the removal of the cloudy lens and implantation of an artificial lens; laser refractive surgery, such as LASIK or PRK, which reshapes the cornea to correct refractive errors; glaucoma surgery, which aims to reduce intraocular pressure to prevent optic nerve damage; and retinal surgery, which repairs retinal detachments, macular holes, or diabetic retinopathy. The use of precision instruments, lasers, and microsurgical techniques has improved surgical outcomes, reduced complications, and shortened recovery times. Eye care surgical procedures are typically performed in specialized surgical centers or hospitals with dedicated ophthalmology departments. The procedures require highly skilled ophthalmic surgeons who undergo extensive training and possess expertise in specific surgical techniques.

Eye Care Surgical Market Trends:
One of the primary factors driving the market is the increase in the elderly population, leading to a higher prevalence of age-related eye conditions, such as cataracts, glaucoma, and macular degeneration, as these conditions often require surgical intervention for treatment and vision restoration. Additionally, the growing incidence of eye diseases also drives the need for surgical interventions to prevent vision loss and maintain or improve visual function. Other than this, the rising awareness about eye health and play a vital role in accelerating the adoption of eye care surgical procedures. Efforts to educate the public about eye diseases, regular eye examinations, and the effectiveness of surgical treatments have contributed to increased patient awareness and acceptance of surgical interventions. Apart from this, the development of minimally invasive techniques, such as small incision cataract surgery and minimally invasive glaucoma surgery, has allowed for faster healing and improved patient comfort. Moreover, improved access to healthcare facilities, particularly in emerging economies, has led to greater availability of eye care surgical services, further driving market growth. Furthermore, modern lifestyles characterized by increased digital device usage, prolonged screen time, and exposure to environmental factors such as pollution and ultraviolet radiation also impact eye health. These factors have contributed to the development of eye conditions, including dry eye syndrome and refractive errors, which may require surgical intervention for effective treatment and correction.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global eye care surgical market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on the product, application, and end user.

Product Insights:

Implants and Stents
Laser Surgery Device
Phacoemulsification Equipment
Viscoelastics

The report has provided a detailed breakup and analysis of the eye care surgical market based on the product. This includes Implants and stents, laser surgery device, phacoemulsification equipment and viscoelastics. According to the report, implants and stents represented the largest segment.

Application Insights:

Cataract Surgery
Oculoplastic Surgery
Vitreo-Retinal Surgery
Corneal Surgery
Refractive Surgery
Glaucoma Surgery
Others

A detailed breakup and analysis of the eye care surgical market based on the application has also been provided in the report. This includes cataract surgery, oculoplastic surgery, vitreo-retinal surgery, corneal surgery, refractive surgery, glaucoma surgery, and others. According to the report, cataract surgery accounted for the largest market share.

End User Insights:

Hospitals
Ophthalmology Clinics
Eye Research Institutes
Ambulatory Surgical Centers

A detailed breakup and analysis of the eye care surgical market based on the end user has also been provided in the report. This includes hospitals, ophthalmology clinics, eye research institutes, and ambulatory surgical centers. According to the report, hospitals accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for eye care surgical market . Some of the factors driving the North America eye care surgical market included aging population and prevalence of eye disorders, technological advancements in surgical techniques and equipment, increasing focus on vision correction and aesthetic procedures, etc.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global eye care surgical market. Detailed profiles of all major companies have been provided. Some of the companies covered include Alcon Inc., Bausch + Lomb (Bausch Health Companies Inc.), BVI Holding Limited, Carl Zeiss Meditec AG (Carl Zeiss AG), Glaukos Corporation, iSTAR Medical, Lumenis Be Ltd., Nidek Co. Ltd., Sight Sciences, Ziemer Ophthalmic Systems AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global eye care surgical market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global eye care surgical market?
What is the impact of each driver, restraint, and opportunity on the global eye care surgical market?
What are the key regional markets?
Which countries represent the most attractive eye care surgical market?
What is the breakup of the market based on the product?
Which is the most attractive product in the eye care surgical market?
What is the breakup of the market based on the application?
Which is the most attractive application in the eye care surgical market?
What is the breakup of the market based on the end user?
Which is the most attractive end user in the eye care surgical market?
What is the competitive structure of the global eye care surgical market?
Who are the key players/companies in the global eye care surgical market?