Cataract Devices Market
Cataract Devices Market Size, Share, Growth, Statistics Analysis, By Product Type (Phacoemulsification Equipment, OVD, IOLs, Femtosecond Lasers), By Application (Cortical Cataracts, Congenital Cataracts, Traumatic Cataracts), By End User & Region- Global Market Insights 2022 to 2032
Analysis of Cataract Devices Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cataract Devices Market Outlook (2022 to 2032)
The global cataract devices market stands at US$ 13.55 billion in 2022 and is forecasted to expand at a CAGR of 3.7% to reach a market size of US$ 19.49 billion by the end of 2032.
Technical advancements leading to risk-free and easy procedures are transforming the way cataract surgeries are performed. Cataract devices account for close to 10% of the global ophthalmic surgery market and are likely to gain 300 BPS over the span of the next ten years.
Over the 2017 to 2021 historical period, the global registered a CAGR of 1.5%, according to Fact.MR, a market research and competitive intelligence provider. Growing need for cataract surgeries due to the rising aging populations on the back of increased life expectancies has propelled the sales of cataract devices worldwide. Furthermore, the provision of government aid for surgeries has helped maintain the sales growth trajectory of cataract devices. However, the adoption of cataract devices is still nascent in developing countries despite their tremendous benefits and the rising availability of pervasive and personalized cataract devices.
The commitment of governments and healthcare organizations to educate the masses about cataract diseases and associated factors through various outreach campaigns will accelerate the sales of target products over the forecast period. In addition, investments by manufacturers to strengthen their operational networks will favorably impact the demand growth for cataract devices over the coming years.
Cataract surgical devices are being used for the treatment of the most widely encountered age-related eye complications and help in reducing the chances of recurrence of the cataract condition. Increasing healthcare spending owing to economic well-being, enrolment in healthcare insurance plans, and increased access to various health facilities will give momentum to market growth as the years go by.
Growing preference for less-invasive cataract surgeries has motivated manufacturers to invest heavily in research and development and expand their existing product lines, which will provide long-term growth to the global market.
| Report Attributes | Details |
|---|---|
| Cataract Devices Market Size (2021A) | US$ 13.13 Billion |
| Estimated Market Value (2022E) | US$ 13.55 Billion |
| Forecasted Market Value (2032F) | US$ 19.49 Billion |
| Global Market Growth Rate (2022 to 2032) | 3.7% CAGR |
| North America Market Share (2021) | ~ 28.5% |
| Europe Market Growth Rate (2022 to 2032) | ~ 3.2% CAGR |
| United States Market Growth Rate (2022 to 2032) | ~ 2.6% CAGR |
| Market Share of Top 5 Companies | ~ 36.1% |
| Key Companies Profiled | Bausch & Lomb; Carl Zeiss Meditec AG; Alcon; Hoya Corporation; Staar Surgical; NIDEK CO., LTD; Johnson and johnson; Aurolabs; Biotech Healthcare Group; Ophtec BV; VSY Biotechnology |
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What’s Driving Global Demand for Cataract Devices?
“Broadened Awareness of Cataract Surgery to Aid Market Growth’’
Cataract remains one of the leading causes of non-reversible blindness affecting 300 million people worldwide. Barriers to the uptake of cataract surgeries are associated with factors such as a lack of knowledge about the disease and the surgical procedures available. However, initiatives such as organizing cataract informative awareness campaigns and free eye check-ups undertaken by various governments and non-profit organizations will help in reducing the presence of cataracts among the population living in both urban and rural areas.
- For instance, the United States government has established a campaign called 'Mission Cataract USA', which provides free cataract surgeries to people of all ages who do not have access to any insurance claims.
Hence, the provision of primary eye care services through such initiatives will be a key contributor to the cataract devices market growth.
“Growing Incidence of Visual Impairing Cataracts among Older Adults”
Cataracts are considered a frequently occurring visual impairment among the elderly. The demographic shift in developed countries towards the geriatric population has increased the prevalence of cataracts. In addition, increased life expectancy across the world has been accompanied by an increased need for cataract surgical interventions. Delay in seeking medical assistance is common among the aged population, which leads to cataract progression, thereby amplifying the need for cataract devices.
All in all, the growing elderly patient population is driving the need for the development of more sophisticated and efficient cataract devices, which is anticipated to fuel the worldwide market for the target product.
Market share analysis of cataract devices based on application and region. Under the application segment, nuclear sclerotic cataract dominates with 37.5% market share in 2022.
What Should Cataract Device Manufacturers Be Aware Of?
“Complications Associated with Cataract Surgeries May Slowdown Target Product Sales”
Cataract surgery remains a complex process owing to the adverse side effects of the use of cataract devices. It is observed that most patients face post-operative complications such as discomfort, swollen eyelids, increase in intraocular pressure, and allergic reactions to antibiotic eye drops. Despite being aware of the beneficial factors of cataract surgeries, many patients refrain from getting surgery done owing to the risks related to the use of cataract devices.
This factor will limit the sales of cataract devices and hamper the target market growth to some extent over the decade.
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Country-wise Insights
Will High R&D Spending in India Drive Demand for Cataract Devices?
The market in India is anticipated to expand at a CAGR of 5.5% during the forecast period.
A cataract is one of the leading causes of vision impairment in India. The proportion of the elderly population has also climbed dramatically with increasing advancements & accessibility of healthcare services. This escalation in the elderly population has also tremendously increased the risks of age-related protein degeneration and subsequent cataract diseases. To counter this, government and nonprofit associations are organizing programs to treat patients with vision impairment and bring eye health services to the most remote areas of the country.
Why is the Cataract Devices Market in Japan Expected to Be Highly Opportunistic?
Japan is a key contributor to the growth of the cataract devices market in the East Asia region. Japan’s projected rise in healthcare spending has been influenced by factors such as the country’s growing economic wealth, advancing medical technologies, changing treatment patterns, etc. In addition, the statutory health insurance system provides universal coverage, thereby providing people with access to all health services that they need without facing any financial hardships.
Manufacturers investing in highly opportunistic markets such as Japan can expect rapid growth in cataract device sales.
Category-wise Insights
Which Cataract Product Type is Most Widely Used?
Intraocular lenses (IOLs) are most commonly used as a part of cataract surgery. Intraocular lenses held the largest market share of 49.7% of the global market in 2021 and are expected to exhibit a CAGR of 3.4% during the forecast years of 2022 to 2032.
Intraocular lenses are made of silicone or acrylic material, which makes them highly durable and versatile, which is why they are the most widely preferred devices among ophthalmic professionals and patients. IOLs not only improve vision by removing cataracts but also correct conditions such as nearsightedness, farsightedness, and astigmatism in a safe manner. Availability of intraocular lenses in different forms that fulfil patients’ personalized requirements and preferences has led to their high popularity in the market.
Where is the Application of Cataract Devices the Highest?
In terms of applications, cataract devices for treating nuclear sclerotic cataracts accounts for a majority of the share of the global cataract surgical devices market. It is anticipated to follow the same trend during the forecast period as well, with the segment projected to hold 39.8% share of the market by 2032.
Nuclear sclerotic cataracts occur among the population as a part of the aging process of an individual’s eye. As the condition progresses further, a person’s vision begins to deteriorate across all distances. However, improving deteriorating vision from nuclear sclerotic cataracts is possible by replacing the eye lenses with a cataract device through surgery, which helps in reversing vision loss and is also considered to be a safe process with minimal risks associated.
This ability of cataract devices to correct nuclear sclerotic cataracts will uplift the demand for cataract devices across the world.
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Competitive Landscape
Prominent cataract device manufacturers are Bausch & Lomb, Carl Zeiss Meditec AG, Alcon, Hoya Corporation, Nidek Co., Ltd, Ophtec BV, Ziemer Ophthalmic Systems AG, and Staar Surgical.
Key players are focusing on providing specific, affordable, and adaptable cataract devices that fit the needs and expectations of varied end users. Investments by manufacturers to expand their presence on a global level are achieved by following various inorganic growth tactics such as mergers, acquisitions, and collaborations with emerging players in every part of the world. The clear link between R&D investment and economic growth achieved by leading manufacturers marks the importance of product innovation in the industry.
- In Jan 2020, Hoya Corporation announced a joint venture with GeMax, a specialty service provider of IOLs with a strong market position in China. The collaboration will help Hoya Surgical Optics gain a prominent position in the East Asia market.
- In July 2022, Nidek Technologies acquired back Nidek Medical S.R.L., a sales and service company of ophthalmic devices. This acquisition will allow the company to enhance its ophthalmic devices portfolio.
Fact.MR has provided detailed information about the price points of key manufacturers of cataract devices positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Cataract Devices Industry Research
-
By Product Type:
- Phacoemulsification Equipment
- Ophthalmic Viscoelastic Devices (OVD)
- Cohesive OVD
- Dispersive OVD
- Femtosecond Lasers
- Intraocular Lenses (IOLs)
- Standard Monofocal IOLs
- Premium IOLs
- Toric IOLs
- Multifocal IOLs
- Accommodative IOLs
-
By Application:
- Posterior Sub-Capsular Cataracts
- Cortical Cataracts
- Nuclear Sclerotic Cataracts
- Congenital Cataracts
- Traumatic Cataracts
- Others
-
By End User:
- Hospitals
- Ophthalmic Clinics
- Ambulatory Surgery Centers
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market Value (US$ Million) Analysis and Forecast
- 5. Global Market Analysis and Forecast, By Product Type
- 5.1. Phacoemulsification Equipment
- 5.2. Ophthalmic Viscoelastic Devices (OVD)
- 5.2.1. Cohesive OVD
- 5.2.2. Dispersive OVD
- 5.3. Femtosecond Lasers
- 5.4. Intraocular Lens (IOLs)
- 5.4.1. Standard Monofocal IOLs
- 5.4.2. Premium IOLs
- 5.4.2.1. Toric IOLs
- 5.4.2.2. Multifocal IOLs
- 5.4.2.3. Accommodative IOLs
- 6. Global Market Analysis and Forecast, By Application
- 6.1. Posterior Sub-capsular Cataracts
- 6.2. Cortical Cataracts
- 6.3. Nuclear Sclerotic Cataracts
- 6.4. Congenital Cataracts
- 6.5. Traumatic Cataracts
- 6.6. Others
- 7. Global Market Analysis and Forecast, By End User
- 7.1. Hospitals
- 7.2. Ophthalmic Clinics
- 7.3. Ambulatory Surgery Centers
- 8. Global Market Analysis and Forecast, By Region
- 8.1. North America
- 8.2. Latin America
- 8.3. Europe
- 8.4. East Asia
- 8.5. South Asia & Oceania
- 8.6. Middle East & Africa
- 9. North America Market Analysis and Forecast
- 10. Latin America Market Analysis and Forecast
- 11. Europe Market Analysis and Forecast
- 12. East Asia Market Analysis and Forecast
- 13. South Asia & Oceania Market Analysis and Forecast
- 14. Middle East & Africa Market Analysis and Forecast
- 15. Country-level Market Analysis and Forecast
- 16. Market Structure Analysis
- 17. Cataract Device Competition Analysis
- 17.1. Baush & Lomb
- 17.2. Carl Zeiss Meditec AG
- 17.3. Hoya Corporation
- 17.4. Staar Surgical
- 17.5. NIDEK CO., LTD
- 17.6. Johnson and Johnson
- 17.7. Aurolabs
- 17.8. Biotech Healthcare Group
- 17.9. Ophtec BV
- 17.10. VSY Biotechnology BV
- 17.11. Ziemer Ophthalmic Systems AG
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (USD Million) and Forecast by Region, 2017 to 2021
Table 02: Global Market Value (USD Million) and Forecast by Region, 2022 to 2032
Table 03: Global Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 04: Global Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 05: Global Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 06: Global Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 07: Global Market Value (USD Million) and Forecast by End User, 2017 to 2021
Table 08: Global Market Value (USD Million) and Forecast by End User, 2022 to 2032
Table 09: North America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 10: North America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 11: North America Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 12: North America Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 13: North America Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 14: North America Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 15: North America Market Value (USD Million) and Forecast by End User, 2017 to 2021
Table 16: North America Market Value (USD Million) and Forecast by End User, 2022 to 2032
Table 17: Latin America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 18: Latin America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 19: Latin America Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 20: Latin America Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 21: Latin America Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 22: Latin America Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 23: Latin America Market Value (USD Million) and Forecast by End User, 2017 to 2021
Table 24: Latin America Market Value (USD Million) and Forecast by End User, 2022 to 2032
Table 25: Europe Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 26: Europe Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 27: Europe Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 28: Europe Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 29: Europe Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 30: Europe Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 31: Europe Market Value (USD Million) and Forecast by End User, 2017 to 2021
Table 32: Europe Market Value (USD Million) and Forecast by End User, 2022 to 2032
Table 33: East Asia Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 34: East Asia Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 35: East Asia Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 36: East Asia Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 37: East Asia Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 38: East Asia Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 39: East Asia Market Value (USD Million) and Forecast by End User, 2017 to 2021
Table 40: East Asia Market Value (USD Million) and Forecast by End User, 2022 to 2032
Table 41: South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 42: South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 43: South Asia & Oceania Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 44: South Asia & Oceania Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 45: South Asia & Oceania Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 46: South Asia & Oceania Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 47: South Asia & Oceania Market Value (USD Million) and Forecast by End User, 2017 to 2021
Table 48: South Asia & Oceania Market Value (USD Million) and Forecast by End User, 2022 to 2032
Table 49: MEA Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 50: MEA Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 51: MEA Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 52: MEA Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 53: MEA Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 54: MEA Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 55: MEA Market Value (USD Million) and Forecast by End User, 2017 to 2021
Table 56: MEA Market Value (USD Million) and Forecast by End User, 2022 to 2032
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List Of Figures
Figure 01: Global Market Value (USD Million) Forecast, 2022 to 2032
Figure 02: Global Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 03: Global Market Value (USD Million) by Region, 2022 & 2032
Figure 04: Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05: Global Market Value (USD Million) by Product Type, 2022 & 2032
Figure 06: Global Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 07: Global Market Value (USD Million) by Application, 2022 & 2032
Figure 08: Global Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 09: Global Market Value (USD Million) by End User, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Rate by End User, 2022 to 2032
Figure 11: North America Market Value (USD Million) Forecast, 2022 to 2032
Figure 12: North America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 13: North America Market Value (USD Million) by Country, 2022 & 2032
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 15: North America Market Value (USD Million) by Product Type, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 17: North America Market Value (USD Million) by Application, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 19: North America Market Value (USD Million) by End User, 2022 & 2032
Figure 20: North America Market Y-o-Y Growth Rate by End User, 2022 to 2032
Figure 21: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by End User, 2022 to 2032
Figure 25: Latin America Market Value (USD Million) Forecast, 2022 to 2032
Figure 26: Latin America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 27: Latin America Market Value (USD Million) by Country, 2022 & 2032
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 29: Latin America Market Value (USD Million) by Product Type, 2022 & 2032
Figure 30: Latin America Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 31: Latin America Market Value (USD Million) by Application, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 33: Latin America Market Value (USD Million) by End User, 2022 & 2032
Figure 34: Latin America Market Y-o-Y Growth Rate by End User, 2022 to 2032
Figure 35: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 37: Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 38: Latin America Market Attractiveness Analysis by End User, 2022 to 2032
Figure 39: Europe Market Value (USD Million) Forecast, 2022 to 2032
Figure 40: Europe Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 41: Europe Market Value (USD Million) by Country, 2022 & 2032
Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 43: Europe Market Value (USD Million) by Product Type, 2022 & 2032
Figure 44: Europe Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 45: Europe Market Value (USD Million) by Application, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 47: Europe Market Value (USD Million) by End User, 2022 & 2032
Figure 48: Europe Market Y-o-Y Growth Rate by End User, 2022 to 2032
Figure 49: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 50: Europe Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 51: Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 52: Europe Market Attractiveness Analysis by End User, 2022 to 2032
Figure 53: East Asia Market Value (USD Million) Forecast, 2022 to 2032
Figure 54: East Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 55: East Asia Market Value (USD Million) by Country, 2022 & 2032
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57: East Asia Market Value (USD Million) by Product Type, 2022 & 2032
Figure 58: East Asia Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 59: East Asia Market Value (USD Million) by Application, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 61: East Asia Market Value (USD Million) by End User, 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Rate by End User, 2022 to 2032
Figure 63: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 64: East Asia Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 65: East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 66: East Asia Market Attractiveness Analysis by End User, 2022 to 2032
Figure 67: South Asia & Oceania Market Value (USD Million) Forecast, 2022 to 2032
Figure 68: South Asia & Oceania Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 69: South Asia & Oceania Market Value (USD Million) by Country, 2022 & 2032
Figure 70: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 71: South Asia & Oceania Market Value (USD Million) by Product Type, 2022 & 2032
Figure 72: South Asia & Oceania Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 73: South Asia & Oceania Market Value (USD Million) by Application, 2022 & 2032
Figure 74: South Asia & Oceania Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 75: South Asia & Oceania Market Value (USD Million) by End User, 2022 & 2032
Figure 76: South Asia & Oceania Market Y-o-Y Growth Rate by End User, 2022 to 2032
Figure 77: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 78: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 79: South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 80: South Asia & Oceania Market Attractiveness Analysis by End User, 2022 to 2032
Figure 81: MEA Market Value (USD Million) Forecast, 2022 to 2032
Figure 82: MEA Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 83: MEA Market Value (USD Million) by Country, 2022 & 2032
Figure 84: MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 85: MEA Market Value (USD Million) by Product Type, 2022 & 2032
Figure 86: MEA Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 87: MEA Market Value (USD Million) by Application, 2022 & 2032
Figure 88: MEA Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 89: MEA Market Value (USD Million) by End User, 2022 & 2032
Figure 90: MEA Market Y-o-Y Growth Rate by End User, 2022 to 2032
Figure 91: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 92: MEA Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 93: MEA Market Attractiveness Analysis by Application, 2022 to 2032
Figure 94: MEA Market Attractiveness Analysis by End User, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What valuation has the global cataract devices market reached?
The global cataract devices market stands at US$ 13.55 billion in 2022.
How are sales of cataract devices expected to fare going forward?
Worldwide demand for cataract devices is anticipated to reach US$ 19.49 billion by 2032-end.
Which type of cataract device is most widely used?
Intraocular lenses account for 49.7% share of global sales.
Which regional market accounts for a leading market share?
Europe tops the global cataract devices market with 30.3% market share in 2022.
How did the market perform over the historical period of 2017 to 2021?
Over the past four years, sales of cataract devices increased at 1.5% CAGR.
Cataract Devices Market