AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
LONDON, GREATER LONDON, UNITED KINGDOM, June 18, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
The intraocular lens IOL material market size has experienced substantial growth in recent years. It is projected to increase from $4.06 billion in 2024 to $4.35 billion in 2025, indicating a compound annual growth rate CAGR of 7.0%. The growth in the historic period can be attributed to factors such as the increasing prevalence of cataract globally, a growing aging population worldwide, surge in demand for vision correction, the rise in the adoption of premium IOLs, and growing awareness of eye care.
What Is The Projected Future Growth Of The Intraocular Lens IOL Material Market Size?
Further projections suggest an optimistic future for the intraocular lens IOL material market. The market is expected to grow robustly in the coming years to $5.63 billion in 2029, demonstrating a CAGR of 6.7%. The growth in the forecast period can be credited to the rising diabetic population, an increase in government healthcare initiatives, a surge in minimally invasive surgeries, growing reimbursement support globally, and a rising focus on biocompatibility.
Get Your Free Sample Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=24262&type=smp
What’s Accelerating The Intraocular Lens IOL Material Market Growth Further?
Key factors propelling the market growth include the rising prevalence of diabetes-related eye complications. Such complications might include vision problems like diabetic retinopathy, cataracts, and glaucoma, all caused by damage to the eye's blood vessels owing to high blood sugar levels. The surge in such complications has been largely ascribed to the increasing rates of type 2 diabetes, which has put more individuals at risk for conditions such as diabetic retinopathy. In fact, intraocular lens IOL material market have been found to be significantly beneficial for these complications by offering clear vision after cataract surgery, aiding the correction of refractive errors, and enhancing visual outcomes in patients with diabetic retinopathy.
What Key Player Strategies Are Driving The Intraocular Lens IOL Material Market?
Notably, industry giants are playing a significant role in this buoyant market. Top companies operating in the intraocular lens IOL material market include Alcon Inc., HOYA Corporation, Bausch & Lomb Incorporated, Johnson & Johnson Surgical Vision Inc., Carl Zeiss AG, Rayner Intraocular Lenses Limited, STAAR Surgical Company, Eyekon Medical Inc., Omnilens Private Limited, Devine Meditech Private Limited, Lenstec Inc., Medicontur Medical Engineering Ltd., SIFI S.p.A., Hanita Lenses Ltd., Biotech Healthcare Group, HumanOptics AG, Oculentis GmbH, PowerVision Inc., Eyebright Medical Technology Co. Ltd., Global Ophthalmic Private Limited, OPHTEC BV, and Wuxi Vision Pro Ltd.
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/intraocular-lens-iol-material-global-market-report
What Are The Emerging Trends In The Intraocular Lens IOL Material Market?
They are paving the way forward with cutting-edge solutions, such as hydrophobic monofocal intraocular lenses, to enrich postoperative visual outcomes and patient comfort. One noteworthy instance includes the US-based medical company Beaver-Visitec International launching PODEYE hydrophobic monofocal IOL in Japan in April 2024.
How Is The Intraocular Lens IOL Material Market Segmented?
The intraocular lens IOL material market, as analyzed by the report, is divided into several segments:
1 By Material Type: Hydrophilic Acrylic, Hydrophobic Acrylic, Silicone, Polymethyl Methacrylate PMMA, Collamer
2 By Design Type: Monofocal Intraocular Lens IOLs, Multifocal Intraocular Lens IOLs, Accommodating Intraocular Lens IOLs, Toric Intraocular Lens IOLs, Extended Depth Of Focus Intraocular Lens IOLs
3 By Manufacturing Technology: Injection Molding, Laser Technology, Machining, 3D Printing, Other Advanced Manufacturing Techniques
4 By Application: Cataract Surgery, Refractive Surgery, Other Ophthalmic Procedures
5 By End User: Hospitals, Eye Clinics, Ambulatory Surgical Centers ASCs, Other Healthcare Facilities
What Are The Regional Insights In The Intraocular Lens IOL Material Market?
In terms of regional trends, North America emerged as the largest region in the intraocular lens IOL material market in 2024. However, the Asia-Pacific region is set to outpace others in terms of growth during the forecast period.
Browse Through More Similar Reports By The Business Research Company:
Optical Instrument And Lens Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/optical-instrument-and-lens-global-market-report
Intraocular Lens Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/intraocular-lens-global-market-report
Aspherical Lens Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/aspherical-lens-global-market-report
About The Business Research Company
Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
[email protected]
Visit us on social media:
LinkedIn
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
