Published by Coherent Market Insights
Posted on September 20, 2021
3 min readLast updated: February 5, 2026
The Ocular Surgery Market, valued at $1,701 million in 2020, is expected to grow at a 7.3% CAGR, driven by rising glaucoma and cataract cases.
Ocular Surgery Market: The report provides a valuable source of insightful data for business strategists and competitive analysis of Ocular Surgery Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
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Ocular surgery, also called ocular surgery, is usually surgery done on the eye itself or its posterior parts, usually by an ophthalmologist. The eye is such a delicate organ, and needs extreme care prior, during, and immediately after surgery to avoid or minimize further damage to the eyesight. Ocular Surgery is one of those procedures that every doctor must know something about because it affects the vision of patients.
Increasing cases of glaucoma and cataract are expected to drive growth of the global ocular surgery market. According to the BrightFocus Foundation, in 2020, around 80 million people across the globe had glaucoma, which is expected to increase to 111 million by 2040. According to the source, over 3 million people in the U.S. suffer from glaucoma every year. Furthermore, according to Prevent Blindness America, a non-profit organization, cataract affects over 24.4 million people in the U.S. aged 40 years and above, or about one in every six people in this age range. Ocular surgery is typically done to treat a variety of eye conditions such as glaucoma, cataracts, and retinal tears. Hence, such factors are expected to drive growth of the global ocular surgery market. Furthermore, advancements in ocular surgery and new product launches are expected to propel the global ocular surgery market growth in the near future.
However, low awareness regarding the benefits of ocular surgery in emerging economies and the high cost associated with this surgical procedure is expected to hamper the global ocular surgery market growth in the near future. Among regions, North America is expected to witness significant growth in the global ocular surgery market. This is owing to increasing prevalence of eye disorders in the region. According to the Centers for Disease Control and Prevention (CDC), around 12 million people aged 40 years and above in the U.S. suffer from vision impairment every year, of which around 1 million are blind. Moreover, Europe is expected to register a robust growth rate, owing to increasing rate of cataract surgery in the region.
For instance, in September 2020, Johnson & Johnson Vision Care launched TECNIS Synergy Toric II, a continuous-range-of-vision Intraocular lens (IOL) with tremendous rotational stability.
Top Key Players Include In Ocular Surgery Market: Johnson & Johnson Vision Care Inc., Lumenis, Alcon, Dutch Ophthalmic Research Center (International) B.V. (DORC), Carl Zeiss, Topcon Medical Systems, Meditec Medical, Ellex Medical Lasers, and Bausch & Lomb.
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The post At a CAGR of 7.3% , Ocular Surgery Market was valued at US$ 1,701 million in 2020 appeared first on Gatorledger.
The article discusses the growth and trends in the Ocular Surgery Market, focusing on factors driving its expansion.
Increasing cases of glaucoma and cataract, along with advancements in ocular surgery, drive market growth.
North America and Europe are key regions due to high prevalence of eye disorders and advancements in surgery.
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