(MENAFN- GlobeNewsWire - Nasdaq) The intraocular lens (IOL) market is projected to grow from US$ 4.46 billion in 2024 to US$ 7.16 billion by 2033, reflecting a CAGR of 5.41%. This booming industry is driven by the rising prevalence of cataracts and an aging population, alongside technological advancements in lens solutions such as multifocal and toric lenses. Major players like Novartis, Johnson & Johnson, and Alcon are spearheading innovations to enhance visual outcomes and meet global market demands, particularly in emerging regions. The market is also marked by increasing focus on sustainability, with several companies pursuing ambitious environmental goals.

Dublin, Dec. 03, 2025 (GLOBE NEWSWIRE) -- The "Competitor Analysis of Intraocular Lens Market, Forecast by Recent Developments, Strategy, Sustainability Benchmarking, Product Launch, Key Persons and Revenue" report has been added to ResearchAndMarkets's offering.
The Intraocular Lens industry is expected to expand lucratively to an estimated value of US$ 7.16 Billion by 2033, from US$ 4.46 Billion in 2024. This expansion reflects a compound annual growth rate (CAGR) of 5.41% between 2025 and 2033.

The global intraocular lens (IOL) market is witnessing substantial growth, driven primarily by the increasing prevalence of cataracts and an aging population. Advancements in lens technology and rising awareness about vision correction procedures are further fueling demand. Healthcare providers are focusing on improving patient outcomes by offering innovative IOL solutions, which has led to heightened adoption of premium lens types in both developed and emerging markets.
Technological innovations such as multifocal, toric, and light-adjustable lenses are transforming the market by enhancing visual outcomes and reducing the need for additional corrective eyewear. Additionally, increasing access to quality eye care in emerging regions is contributing to market expansion. As manufacturers continue to invest in research and development, the intraocular lens market is expected to witness continued innovation and sustained growth, with a strong focus on improving patient satisfaction and surgical efficiency.
Recent Developments in the Industry

• Alcon obtained the CE Mark in March 2025 and introduced the Clareon Vivity IOL, which offers toric choices and a longer range with minimal halo risk, throughout Europe.
• In February 2025, Alcon unveiled the Clareon PanOptix Pro trifocal in the US, which has ENLIGHTEN NXT optics and 94% light usage on an AutonoMe preloaded platform.
• Following testing that shown 86% minimum vision impairment, Bausch + Lomb was able to obtain FDA approval for the enVista Envy full-range IOL in December 2024.
• Johnson & Johnson increased the TECNIS Odyssey's US release in September 2024, claiming that it had twice the contrast of current trifocals in low light.

Key Attributes:

Report Attribute	Details
No. of Pages	200
Forecast Period	2024 - 2033
Estimated Market Value (USD) in 2024	$4.46 Billion
Forecasted Market Value (USD) by 2033	$7.16 Billion
Compound Annual Growth Rate	5.4%
Regions Covered	Global

Companies Featured

• Alcon Inc.
• Bausch Health Companies Inc.
• Hoya Corporation
• Johnson & Johnson
• STAAR Surgical Company
• Carl Zeiss Meditec AG (Carl-Zeiss-Stiftung)
• Novartis AG
• STAAR Surgical Company
• Rayner Surgical Group (Rayner IOLs)
• EyeKon Medical, Inc.
• HumanOptics AG
• Lenstec, Inc.
• Aurolab
• SIFI S.p.A.
• Hanita Lenses
• Morcher GmbH
• Ophtec B.V.
• Oculentis GmbH
• Excellent HiCare Pvt Ltd
• Care Group (Care Group Global)

Intraocular Lens Market & Forecast

• Historical Trends
• Forecast Analysis

Revenue Analysis

Market Share Analysis

Overview

• Company History and Mission
• Business Model and Operations
• Workforce

Key Persons

• Executive Leadership
• Operational Management
• Division Leaders
• Board Composition

Recent Development & Strategies

• Mergers & Acquisitions
• Partnerships
• Investments

Sustainability Analysis

• Renewable Energy Adoption
• Energy-Efficient Infrastructure
• Use of Sustainable Packaging Materials
• Water Usage and Conservation Strategies
• Waste Management and Circular Economy Initiatives

Product Analysis

• Product Profile
• Quality Standards
• Product Pipeline
• Product Benchmarking

Strategic Assessment: SWOT Analysis

• Strengths
• Weaknesses
• Opportunities
• Threats

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• Intraocular Lens Market

CONTACT: CONTACT: Laura Wood,Senior Press Manager... For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

MENAFN03122025004107003653ID1110432401