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US Cataract Surgery Device Market

ID: MRFR/MED/12044-HCR
100 Pages
Garvit Vyas
October 2025

US Cataract Surgery Device Market Research Report: By Device Type (Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment, Femtosecond Laser Equipment) and By End Users (Ophthalmology Centers, Hospitals, Clinics) - Growth & Industry Forecast 2025 To 2035

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US Cataract Surgery Device Market Summary

As per analysis, the US cataract surgery device market is projected to grow from USD 2.35 Billion in 2025 to USD 3.71 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.74% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US cataract surgery device market is poised for growth driven by technological advancements and an aging population.

  • Phacoemulsification remains the largest segment, reflecting its established role in cataract surgery.
  • Intraocular lens implantation is the fastest-growing segment, indicating a shift towards more advanced surgical options.
  • Technological innovations are enhancing surgical outcomes, while patient-centric approaches are reshaping treatment paradigms.
  • The aging population and increased awareness of eye disorders are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 2.23 (USD Billion)
2035 Market Size 3.71 (USD Billion)
CAGR (2025 - 2035) 4.74%

Major Players

Alcon (CH), Johnson & Johnson (US), Bausch + Lomb (US), Carl Zeiss (DE), Rayner (GB), Hoya (JP), Abbott (US), Santen (JP), Kowa (JP)

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US Cataract Surgery Device Market Trends

The US cataract surgery device market is currently experiencing a notable evolution, driven by advancements in technology and an increasing prevalence of cataracts among the aging population. As the baby boomer generation continues to age, the demand for effective surgical solutions is likely to rise. This trend is further supported by ongoing innovations in surgical techniques and devices, which enhance patient outcomes and reduce recovery times. The integration of digital technologies, such as artificial intelligence and machine learning, appears to be transforming preoperative assessments and intraoperative procedures, potentially leading to more precise and personalized care. Moreover, the regulatory landscape in the US is evolving, with agencies focusing on streamlining the approval processes for new devices. This shift may encourage manufacturers to invest in research and development, fostering a competitive environment that could yield novel solutions for cataract surgery. Additionally, the growing emphasis on patient-centered care suggests that healthcare providers are increasingly prioritizing patient education and engagement throughout the surgical journey. As a result, the US cataract surgery device market is poised for continued growth, characterized by innovation, regulatory support, and a focus on enhancing patient experiences.

Technological Advancements

The US cataract surgery device market is witnessing rapid technological advancements, particularly in the development of phacoemulsification systems and intraocular lenses. These innovations are designed to improve surgical precision and patient outcomes, thereby enhancing the overall effectiveness of cataract procedures.

Regulatory Changes

Recent regulatory changes in the US are aimed at expediting the approval process for new cataract surgery devices. This shift is likely to encourage manufacturers to introduce innovative products more swiftly, potentially leading to a broader range of options for healthcare providers and patients.

Patient-Centric Approaches

There is a growing trend towards patient-centric approaches in the US cataract surgery device market. Healthcare providers are increasingly focusing on patient education and engagement, ensuring that individuals are well-informed about their treatment options and involved in decision-making processes.

US Cataract Surgery Device Market Drivers

Aging Population

The demographic shift towards an older population in the United States is a primary driver of the US cataract surgery device market. As individuals age, the prevalence of cataracts increases, necessitating surgical intervention. According to the U.S. Census Bureau, by 2030, all baby boomers will be over 65, leading to an estimated 30 million Americans suffering from cataracts. This growing patient base is likely to drive demand for advanced surgical devices, as older patients often seek improved quality of life through vision correction. The US cataract surgery device market must adapt to this demographic trend by innovating and expanding product offerings to meet the needs of an aging population.

Reimbursement Policies

The reimbursement landscape for cataract surgery significantly impacts the US cataract surgery device market. Medicare and private insurers typically cover cataract surgery, which encourages patients to seek treatment. Recent policy changes have expanded coverage for advanced surgical techniques and premium IOLs, making them more accessible to a broader patient population. This shift is expected to increase the volume of surgeries performed, as patients are more likely to opt for advanced options when financial barriers are reduced. Consequently, the US cataract surgery device market stands to benefit from these favorable reimbursement policies, which stimulate demand for innovative surgical devices.

Technological Innovations

Technological advancements in cataract surgery devices are significantly influencing the US cataract surgery device market. Innovations such as femtosecond laser-assisted cataract surgery (FLACS) and advanced intraocular lenses (IOLs) have transformed surgical procedures, enhancing precision and patient outcomes. The market for IOLs alone is projected to reach approximately $4 billion by 2026, driven by the demand for premium lenses that offer better visual acuity. These innovations not only improve surgical efficiency but also reduce recovery times, making cataract surgery more appealing to patients. As technology continues to evolve, the US cataract surgery device market is expected to witness further growth, with manufacturers investing in research and development to stay competitive.

Increased Awareness and Education

Rising awareness about cataract surgery and its benefits is a crucial driver for the US cataract surgery device market. Educational campaigns by healthcare providers and organizations have led to a greater understanding of cataracts and the importance of timely surgical intervention. This heightened awareness is reflected in the increasing number of cataract surgeries performed annually, with estimates suggesting that over 3 million procedures are conducted in the US each year. As patients become more informed about their options, they are more likely to seek surgical solutions, thereby driving demand for advanced surgical devices. The US cataract surgery device market must continue to support educational initiatives to sustain this momentum.

Rising Incidence of Eye Disorders

The increasing prevalence of eye disorders, particularly cataracts, is a significant driver for the US cataract surgery device market. Factors such as diabetes, obesity, and prolonged exposure to UV light contribute to the rising incidence of cataracts among the population. The American Academy of Ophthalmology reports that cataracts are expected to affect nearly 50% of Americans by the age of 75. This alarming statistic underscores the urgent need for effective surgical solutions, thereby propelling the demand for cataract surgery devices. As the incidence of eye disorders continues to rise, the US cataract surgery device market is likely to experience sustained growth, necessitating ongoing innovation and development.

Market Segment Insights

By Application: Phacoemulsification (Largest) vs. Intraocular Lens Implantation (Fastest-Growing)

In the US cataract surgery device market, Phacoemulsification emerges as the largest segment, dominating the share due to its widespread adoption and effectiveness in cataract removal. Following closely, Intraocular Lens Implantation has gained traction, driven by advancements in lens technology and an increasing number of surgical procedures performed each year. Other segments like Capsulotomy and Cataract Surgery Visualization represent niche yet vital roles, catering to specialized needs within the surgical process.

Phacoemulsification (Dominant) vs. Intraocular Lens Implantation (Emerging)

Phacoemulsification is characterized by its high efficiency and minimal invasiveness, making it the preferred choice for surgeons and patients alike. It involves the use of ultrasound waves to break up cataracts, allowing for easier extraction. In contrast, Intraocular Lens Implantation is witnessing rapid growth, attributed to rising patient awareness and technological advancements in lens designs that enhance visual outcomes. While Phacoemulsification maintains its dominance in cataract surgeries, the increasing prevalence of cataract diseases and the push for innovative treatment modalities position Intraocular Lens Implantation as an emerging segment with significant future potential.

By Device Type: Intraocular Lenses (Largest) vs. Phacoemulsification Machines (Fastest-Growing)

In the US cataract surgery device market, Intraocular Lenses (IOLs) command the largest share, reflecting their essential role in restoring vision post-surgery. Surgical Instruments, including various tools needed for cataract procedures, follow closely. Phacoemulsification Machines, which facilitate the cataract removal process, are experiencing rapid growth as advancements continue to improve their efficiency and efficacy. Diagnostic Equipment and Surgical Accessories, while vital, hold comparatively smaller market shares, indicating a more specialized role in the overall market ecosystem. The growth of the Intraocular Lenses segment is primarily driven by an increasing aging population and a rising prevalence of cataract-related conditions. Furthermore, the technological advancements leading to improved lens designs, such as multi-focal and accommodating lenses, are fostering greater adoption rates. The Phacoemulsification Machines segment is rapidly growing due to innovations that enhance the surgical process, thereby increasing operating room efficiency. The emphasis on outpatient procedures and patient safety also propels demand for advanced diagnostic equipment and accessories, ensuring accurate preoperative assessments and seamless surgeries.

Intraocular Lenses (Dominant) vs. Surgical Instruments (Emerging)

Intraocular Lenses dominate the US cataract surgery device market owing to their pivotal role in restoring vision after cataract procedures. With diverse options available, including monofocal, multifocal, and toric lenses, IOLs meet varied patient needs, ensuring high satisfaction rates and promoting market growth. Their adoption is pushed by technological advancements that enhance performance and compatibility. On the other hand, Surgical Instruments represent an emerging segment, characterized by a variety of tools essential for successful cataract surgeries. This category encompasses instruments like scissors, forceps, and other specialized devices that aid in precision and efficacy during procedures. As surgical techniques evolve and demand for minimally invasive solutions rises, this segment showcases potential for growth, necessitating continual innovation and adaptation to meet changing needs.

By End User: Hospitals (Largest) vs. Ambulatory Surgical Centers (Fastest-Growing)

In the US cataract surgery device market, hospitals represent the largest segment, accounting for a significant portion of the market share due to their comprehensive surgical facilities and ability to handle complex cases. Following closely are Ambulatory Surgical Centers, which are rapidly gaining traction, particularly among patients seeking outpatient procedures due to their efficiency and advanced technology. While hospitals remain the dominant force, the shift towards more outpatient care is bolstering the growth of Ambulatory Surgical Centers.

Hospitals (Dominant) vs. Ambulatory Surgical Centers (Emerging)

Hospitals have long been the cornerstone of cataract surgery, equipped with the latest technology and skilled personnel to support extensive surgical needs. Their large infrastructure allows them to accommodate high patient volumes and perform complex cataract surgeries. In contrast, Ambulatory Surgical Centers represent an emerging segment that emphasizes convenience and cost-effectiveness for patients. These centers are designed for efficiency, offering same-day discharge and less bureaucratic overhead, which appeals to patients seeking quicker recoveries without compromising quality. The increasing preference for outpatient services positions Ambulatory Surgical Centers as a formidable competitor in the cataract surgery landscape.

Get more detailed insights about US Cataract Surgery Device Market

Key Players and Competitive Insights

The US cataract surgery device market is characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include an aging population, increasing prevalence of cataracts, and advancements in surgical technology. Major players such as Alcon (CH), Johnson & Johnson (US), and Bausch + Lomb (US) are strategically positioned to leverage these trends. Alcon (CH) focuses on innovation, particularly in the development of advanced intraocular lenses (IOLs) and surgical equipment, while Johnson & Johnson (US) emphasizes its extensive product portfolio and strong distribution networks. Bausch + Lomb (US) is concentrating on expanding its market presence through strategic partnerships and acquisitions, which collectively shape a competitive environment that is increasingly reliant on technological advancements and operational efficiencies.

Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The competitive structure appears moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for a variety of product offerings, catering to diverse consumer needs while fostering innovation among competitors.

In December 2025, Alcon (CH) announced the launch of its latest premium IOL, which incorporates cutting-edge digital technology to enhance patient outcomes. This strategic move is significant as it not only reinforces Alcon's commitment to innovation but also positions the company to capture a larger share of the premium IOL market, which is expected to grow as patients increasingly seek advanced solutions for cataract surgery.

In November 2025, Johnson & Johnson (US) expanded its surgical portfolio by acquiring a leading manufacturer of cataract surgery devices. This acquisition is likely to enhance Johnson & Johnson's capabilities in the cataract surgery segment, allowing for a more comprehensive offering that could improve patient outcomes and streamline surgical procedures. Such strategic actions indicate a trend towards consolidation in the market, as companies seek to bolster their competitive positions through mergers and acquisitions.

In October 2025, Bausch + Lomb (US) entered into a partnership with a technology firm to develop AI-driven surgical tools aimed at improving precision in cataract surgeries. This collaboration underscores the growing importance of digitalization and AI integration in the market, as companies strive to enhance surgical outcomes and operational efficiencies. The partnership is expected to yield innovative solutions that could redefine surgical practices in the coming years.

As of January 2026, current competitive trends are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are shaping the landscape, enabling companies to pool resources and expertise to drive innovation. The competitive differentiation is likely to evolve from traditional price-based competition towards a focus on technological advancements, reliability in supply chains, and superior patient outcomes. This shift suggests that companies that prioritize innovation and operational excellence will be better positioned to thrive in the evolving market.

Industry Developments

The US Cataract Surgery Device Market has recently seen significant advancements with companies such as Alcon and Johnson and Johnson continuing to lead in innovation. In October 2023, Alcon announced the launch of its latest intraocular lens technology, aiming to enhance surgical outcomes and patient satisfaction. Meanwhile, Johnson and Johnson's Vision segment has been focusing on expanding its portfolio through strategic collaborations.

In terms of mergers and acquisitions, Kowa Company acquired a minority stake in Rayner Surgical in September 2023, aiming to enhance its presence in the advanced ocular device segment. Additionally, Bausch + Lomb has been expanding its offerings by investing in Research and Development for next-generation surgical devices. The market valuation is projected to grow significantly due to the rising prevalence of cataract surgeries, with an increasing number of older adults seeking treatment.

This growth has led to heightened competition among key players including Abbott Laboratories, Hoya Corporation, and Staar Surgical. Over the past two years, the market has also adapted to regulatory changes by the US Food and Drug Administration, focusing on safer and more efficient surgical devices, which underscores the dynamic nature of the industry.

Future Outlook

US Cataract Surgery Device Market Future Outlook

The US cataract surgery device market is projected to grow at a 4.74% CAGR from 2025 to 2035, driven by technological advancements, increasing aging population, and rising awareness of eye health.

New opportunities lie in:

  • Development of AI-driven surgical planning software
  • Expansion of telemedicine platforms for pre-operative consultations
  • Introduction of customizable intraocular lenses for diverse patient needs

By 2035, the market is expected to be robust, driven by innovation and increased accessibility.

Market Segmentation

US Cataract Surgery Device Market End User Outlook

  • Hospitals
  • Ambulatory Surgical Centers
  • Ophthalmology Clinics
  • Eye Care Centers
  • Research Institutions

US Cataract Surgery Device Market Application Outlook

  • Phacoemulsification
  • Intraocular Lens Implantation
  • Capsulotomy
  • Cataract Surgery Visualization
  • Cataract Surgery Assistance

US Cataract Surgery Device Market Device Type Outlook

  • Surgical Instruments
  • Intraocular Lenses
  • Phacoemulsification Machines
  • Diagnostic Equipment
  • Surgical Accessories

Report Scope

MARKET SIZE 20242.23(USD Billion)
MARKET SIZE 20252.35(USD Billion)
MARKET SIZE 20353.71(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.74% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledAlcon (CH), Johnson & Johnson (US), Bausch + Lomb (US), Carl Zeiss (DE), Rayner (GB), Hoya (JP), Abbott (US), Santen (JP), Kowa (JP)
Segments CoveredApplication, Device Type, End User
Key Market OpportunitiesIntegration of advanced imaging technologies enhances precision in the US cataract surgery device market.
Key Market DynamicsTechnological advancements and regulatory changes drive innovation in the US cataract surgery device market.
Countries CoveredUS
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FAQs

What is the current valuation of the US cataract surgery device market?

As of 2024, the market valuation was 2.23 USD Billion.

What is the projected market size for the US cataract surgery device market by 2035?

The market is projected to reach 3.71 USD Billion by 2035.

What is the expected CAGR for the US cataract surgery device market during the forecast period?

The expected CAGR for the market from 2025 to 2035 is 4.74%.

Which companies are the key players in the US cataract surgery device market?

Key players include Alcon, Johnson & Johnson, Bausch + Lomb, Carl Zeiss, Rayner, Hoya, Abbott, Santen, and Kowa.

What are the main segments of the US cataract surgery device market by application?

The main segments include Phacoemulsification, Intraocular Lens Implantation, Capsulotomy, Cataract Surgery Visualization, and Cataract Surgery Assistance.

How did the Phacoemulsification segment perform in 2024?

In 2024, the Phacoemulsification segment was valued at 0.89 USD Billion.

What is the projected value of the Intraocular Lens Implantation segment by 2035?

The Intraocular Lens Implantation segment is projected to reach 1.25 USD Billion by 2035.

Which end-user segment had the highest valuation in 2024?

In 2024, the Hospitals segment had the highest valuation at 0.89 USD Billion.

What is the expected growth for the Surgical Instruments segment by 2035?

The Surgical Instruments segment is expected to grow from 0.45 USD Billion in 2024 to 0.75 USD Billion by 2035.

What device type is projected to have the highest market value by 2035?

The Intraocular Lenses device type is projected to reach 1.6 USD Billion by 2035.

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