Global intraocular lens market to be valued at $6.17b by 2030
By type, the aspheric monofocal IOLs segment holds the largest market share.
The global intraocular lens (IOLs) market is expected to reach $6.17b by 2030 at a compound annual growth rate of 6%, according to a MarketsandMarkets report.
The sector’s expansion is attributed to the increasing prevalence of cataracts, the growing ageing population, and developments in premium lenses.
By type, the aspheric monofocal IOLs segment holds the largest market share.
Meanwhile, high procedure costs, limited reimbursement in some areas, and variability in surgeon preferences may challenge market growth.