Intraocular Lens Market Outlook:
Intraocular Lens Market size was over USD 4.85 billion in 2025 and is poised to exceed USD 9.28 billion by 2035, growing at over 6.7% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of intraocular lens is estimated at USD 5.14 billion.
The growth of the market can be attributed to the growing prevalence of eye disease which includes macular degeneration, diabetic retinopathy, and glaucoma. According to the International Diabetes Federation, people living with diabetes are projected to reach 783 million by 2045, also the number of people with diabetic retinopathy will reach 191 million by 2030. Diabetes patients who have persistently high blood sugar levels may develop diabetic retinopathy, which damages the blood vessels in the retina of the eye.
Other than this, eye disease could also lead to the formation of cataracts which could further boost the demand for cataract surgery. One of the most frequent eye surgery operations worldwide is cataract removal. According to the National Institutes of Health in 2025, the cataract surgical rate has been reported from 36 to 12,800 per million population across different countries. Improved vision is the main goal of cataract surgery, which is accomplished by removing the clouded lens and replacing it with a clear IOL. The IOL increases visual acuity and enables patients to see clearly by correcting the eye's refractive defect.
