Global Cataract Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Nuclear Cataracts, Cortical Cataracts, Posterior Subcapsular Cataracts, and Congenital Cataracts.By Treatment;
Medication and Surgery.By Drugs Class;
Mydriatics, Antibiotics, Ophthalmic NSAIDs and Corticosteroids, and Others.By Route of Administration;
Oral and Topical.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Cataract Market (USD Million), 2021 - 2031
In the year 2024, the Global Cataract Market was valued at USD 5,839.02 million. The size of this market is expected to increase to USD 8,884.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.
The COVID-19 pandemic profoundly impacted the cataract surgery devices market, disrupting treatment procedures and supply chains worldwide. Research and development activities for other medical conditions were affected, leading to a significant decrease in cataract procedures. However, with ongoing vaccination programs and declining COVID-19 cases, the market is expected to regain momentum.
Driving growth in the cataract surgery devices market are factors such as increasing prevalence of cataract and a growing geriatric population globally. Research studies indicate a rise in cataract-related visual impairment and disability-adjusted life years (DALYs), highlighting the growing demand for cataract surgery devices. Additionally, the incidence of cataract blindness and moderate to severe vision impairment (MSVI) is increasing, necessitating a rise in cataract surgeries.
The aging population further contributes to the market growth, with the percentage of individuals aged over 60 expected to double by 2050, particularly in low- and middle-income countries. Technological advancements in ophthalmic devices are also driving market expansion. However, the high cost associated with cataract devices and surgeries presents a challenge to market growth. Despite this, the market is anticipated to witness significant growth over the forecast period as demand for cataract surgery devices continues to rise globally.
Global Cataract Market Recent Developments
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In January 2022, Alcon launched a presbyopia-correcting intraocular lens (PC-IOL) with wavefront-shaping technology - the AcrySof IQ Vivity IOL in India for the patients undergoing cataract surgery.
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In January 2021, Alcon commercially launched a non-diffractive extended depth of focus intraocular lens (IOL), AcrySof, in the United States.
Segment Analysis
The type segmentation examines the different types of cataracts that impact the market. These include age-related cataracts, congenital cataracts, secondary cataracts, and traumatic cataracts. Age-related cataracts are the most common and are primarily associated with the natural aging process, while congenital cataracts are present from birth and can be caused by genetic factors or other conditions. Secondary cataracts develop as a result of other medical conditions such as diabetes or due to prolonged use of certain medications, whereas traumatic cataracts are caused by physical injury to the eye. Understanding these types is essential for tailoring appropriate treatment approaches and ensuring effective patient care.
The treatment segmentation focuses on the various approaches used to address cataracts. The most common treatment is surgical intervention, specifically phacoemulsification, which involves using ultrasound waves to break up the clouded lens, followed by the insertion of an intraocular lens (IOL). Other surgical techniques include extracapsular cataract extraction, which is more commonly used for advanced cases, and laser-assisted cataract surgery, which offers enhanced precision and faster recovery. Non-surgical treatments, such as the use of eyeglasses and magnifying lenses, may be suggested in the early stages of cataract development, though they are not definitive solutions for advanced cases.
The drug class segmentation examines the types of medications used in the treatment and management of cataracts. While there are currently no approved drugs that can reverse cataract formation, various pharmaceutical products are in development or used for symptomatic relief. These include anti-inflammatory medications and eye drops that aim to reduce inflammation and manage cataract-related symptoms. The research and development of drug therapies aimed at slowing the progression of cataracts are a significant focus in the field, as they could provide a non-surgical option for patients at risk of cataract development.
The route of administration segmentation looks at how cataract treatments are delivered. Surgical treatments are naturally invasive and involve direct procedures within the eye. However, for non-surgical drug-based treatments, the primary route of administration is topical, with medications administered as eye drops. This method allows for direct application to the eye, offering targeted relief with minimal systemic side effects. The development of sustained-release drug delivery systems is also an area of interest, as these could improve patient compliance and reduce the frequency of administration needed for managing cataract-related symptoms.
Geography segmentation provides insight into regional trends and market growth. North America dominates the global cataract market due to its advanced healthcare infrastructure, high prevalence of age-related cataracts, and widespread access to modern surgical techniques. Europe follows, with strong healthcare systems and an aging population that contributes to the market's expansion. The Asia-Pacific region is expected to show significant growth due to the increasing incidence of cataracts driven by aging demographics, greater awareness, and improving healthcare facilities. Emerging markets in Latin America, the Middle East, and Africa are also witnessing growth as healthcare access expands and more patients seek cataract treatments, contributing to the market's global development.
Global Cataract Segment Analysis
In this report, the Global Cataract Market has been segmented by Type, Treatment, Drugs Class, Route of Administration and Geography.
Global Cataract Market, Segmentation by Type
The Global Cataract Market has been segmented by Type into Nuclear Cataracts, Cortical Cataracts, Posterior Subcapsular Cataracts and Congenital Cataracts.
Nuclear Cataracts involve clouding of the central portion of the lens (nucleus) and are commonly associated with aging, representing a significant portion of cataract cases worldwide. Cortical Cataracts affect the outer edge of the lens (cortex) and often manifest as streaks or spokes radiating from the center, contributing to visual disturbances. Posterior Subcapsular Cataracts occur at the back of the lens, typically progressing rapidly and causing glare and halos around lights, particularly in younger individuals. Congenital Cataracts, present at birth or developing in infancy, require early detection and intervention to prevent vision impairment and developmental delays.
Through this segmentation, stakeholders gain insights into the diverse manifestations of cataracts, informing targeted strategies for diagnosis, treatment, and patient care within the Global Cataract Market. This comprehensive approach enables tailored approaches to address the specific needs and challenges associated with each cataract type, ultimately improving outcomes and enhancing quality of life for patients worldwide.
Global Cataract Market, Segmentation by Treatment
The Global Cataract Market has been segmented by Treatment into Medication and Surgery.
Medication options typically include eye drops or oral medications aimed at managing symptoms such as inflammation, discomfort, and infection associated with cataracts. These medications may include corticosteroids, nonsteroidal anti-inflammatory drugs (NSAIDs), antibiotics, and mydriatics. While medication can provide temporary relief and help prepare patients for surgery, it is often unable to reverse or halt the progression of cataracts.
Surgery, on the other hand, remains the definitive treatment for cataracts, especially when they significantly impair vision or affect daily activities. Cataract surgery involves the removal of the clouded lens and replacement with an artificial intraocular lens (IOL) to restore vision. It is one of the most commonly performed surgical procedures worldwide and offers a high success rate in improving visual acuity and quality of life for patients. Through this segmentation, stakeholders gain insights into the diverse treatment options available for cataracts, enabling informed decision-making and personalized approaches to patient care within the Global Cataract Market.
Global Cataract Market, Segmentation by Drugs Class
The Global Cataract Market has been segmented by Drugs Class into Mydriatics, Antibiotics, Ophthalmic NSAIDs and Corticosteroids and Others.
Mydriatics, such as tropicamide and phenylephrine, are used to dilate the pupil, allowing for better visualization of the lens during eye examinations and cataract surgery. Antibiotics, including fluoroquinolones and aminoglycosides, are administered prophylactically to prevent postoperative infections, a common concern following cataract surgery. Ophthalmic NSAIDs, such as ketorolac and bromfenac, are prescribed to reduce inflammation and pain following cataract surgery, enhancing patient comfort and recovery.
Corticosteroids, such as prednisolone and dexamethasone, are potent anti-inflammatory agents used to manage postoperative inflammation and prevent complications in cataract surgery patients. The "Others" category encompasses additional pharmaceutical agents, such as intraocular pressure-lowering medications and lubricating eye drops, which may be prescribed to address specific patient needs or complications.
Through this segmentation, stakeholders gain insights into the diverse pharmacological options available for cataract management, enabling informed decision-making and personalized treatment approaches within the Global Cataract Market. This comprehensive approach facilitates the optimization of patient care and outcomes, driving advancements in cataract treatment and enhancing quality of life for affected individuals worldwide.
Global Cataract Market, Segmentation by Route of Administration
The Global Cataract Market has been segmented by Route of Administration into Oral and Topical.
Oral administration involves the ingestion of medications in pill or liquid form, allowing for systemic distribution throughout the body via the bloodstream. Oral medications prescribed for cataract management may include corticosteroids, nonsteroidal anti-inflammatory drugs (NSAIDs), and antibiotics. These medications are often used to address inflammation, pain, and infection associated with cataracts, providing comprehensive systemic therapy.
In contrast, topical administration involves the direct application of medications to the surface of the eye in the form of eye drops or ointments. This route allows for targeted delivery of medications to the affected area, providing localized treatment with minimal systemic side effects. Topical medications commonly used in cataract management include corticosteroids, NSAIDs, mydriatics, and antibiotics, addressing symptoms such as inflammation, pain, pupil dilation, and infection.
Through this segmentation, stakeholders gain insights into the diverse routes of administration available for cataract treatment, enabling tailored approaches to patient care and optimizing treatment outcomes within the Global Cataract Market. This comprehensive approach facilitates the selection of the most appropriate route of administration based on individual patient characteristics, preferences, and therapeutic goals.
Global Cataract Market, Segmentation by Geography
In this report, the Global Cataract Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Cataract Market Share (%), by Geographical Region, 2024
North America and Europe, with their advanced healthcare systems and aging populations, are expected to dominate the global cataract market. These regions witness high demand for cataract diagnosis, treatment, and surgical interventions, driving continuous innovation and research in the field. Meanwhile, the Asia Pacific region, with its burgeoning population and increasing access to healthcare services, presents significant growth opportunities for cataract market players. Rising disposable incomes, improving healthcare infrastructure, and growing awareness about eye health contribute to market expansion in this region.
Similarly, the Middle East and Africa, along with Latin America, are witnessing increasing healthcare investments and efforts to address the burden of cataract-related vision impairment. As access to eye care services improves and awareness campaigns gain traction, the demand for cataract diagnosis and treatment is expected to rise in these regions. Through this geographical segmentation, stakeholders gain insights into regional market trends, competitive landscapes, and growth prospects, enabling them to tailor strategies and capitalize on emerging opportunities in specific parts of the world.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Cataract Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Rising Geriatric Population
- Growing Prevalence of Diabetes and Other Risk Factors
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Rising Disposable Income - The Global Cataract Market is experiencing a significant impact from rising disposable incomes worldwide. As economies grow and incomes increase across various regions, individuals have greater access to healthcare services, including cataract diagnosis and treatment. With higher disposable income, people are more willing and able to invest in their health and well-being, leading to an uptick in demand for cataract-related services and products.
Moreover, rising disposable incomes often coincide with improvements in healthcare infrastructure and technology, facilitating better access to advanced diagnostic tools and surgical interventions for cataracts. This enables healthcare providers to offer a wider range of treatment options and deliver higher quality care to patients. Consequently, the Global Cataract Market is witnessing steady growth fueled by the increasing purchasing power of individuals worldwide.
Restraints :
- High Cost of Devices
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Limited Access to Healthcare - Limited access to healthcare remains a significant challenge impacting the Global Cataract Market. Across various regions, disparities in healthcare infrastructure, resources, and affordability often result in reduced access to timely diagnosis, treatment, and surgical interventions for individuals with cataracts. This issue is particularly pronounced in low- and middle-income countries, where access to specialized eye care services may be limited, and financial constraints prevent many from seeking essential treatment.
Moreover, socio-economic factors, including poverty, lack of health insurance coverage, and geographic remoteness, further exacerbate the problem, leading to underdiagnosis and undertreatment of cataracts in vulnerable populations. Additionally, cultural beliefs, stigma, and misconceptions about eye health can contribute to delays in seeking care, hindering early intervention and exacerbating vision impairment.
Addressing limited access to healthcare requires multifaceted approaches, including investments in healthcare infrastructure, expansion of eye care services in underserved areas, and initiatives to improve awareness about cataracts and available treatment options. Collaborative efforts involving governments, non-governmental organizations, and healthcare providers are essential to overcome barriers and ensure equitable access to quality eye care services for all individuals affected by cataracts. By addressing these challenges, stakeholders can work towards reducing the burden of cataract-related vision loss and improving overall eye health outcomes on a global scale.
Opportunity :
- Technological Advancements
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Focus on Reimbursement - In the Global Cataract Market, reimbursement policies play a pivotal role in shaping access to treatment and healthcare utilization patterns. Reimbursement mechanisms, such as insurance coverage and government-funded healthcare programs, significantly influence patients' ability to afford cataract diagnosis, treatment, and surgery. Adequate reimbursement ensures that patients can access necessary medications, diagnostic tests, and surgical interventions without facing financial barriers, thereby promoting timely and appropriate management of cataracts.
Moreover, reimbursement policies also impact healthcare providers and manufacturers, as they determine the financial viability of offering cataract-related services and products. Healthcare facilities rely on reimbursement to cover the costs associated with cataract surgeries, including equipment, personnel, and facility fees. Similarly, manufacturers of cataract surgical devices and pharmaceuticals depend on reimbursement to incentivize innovation and investment in research and development. By aligning reimbursement policies with the clinical efficacy and cost-effectiveness of cataract treatments, policymakers and payers can ensure optimal patient outcomes while fostering a sustainable and competitive market landscape.
Competitive Landscape Analysis
Key players in Global Cataract Market include
- Abbott
- Johnson & Johnson Services, Inc
- Novartis AG
- HOYA Corporation
- Carl-Zeiss-Stiftung
- Alcon Vision LLC
- Essilor
- Ziemer Ophthalmic Systems
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Treatment
- Market Snapshot, By Drugs Class
- Market Snapshot, By Route of Administration
- Market Snapshot, By Region
- Global Cataract Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Geriatric Population
- Growing Prevalence of Diabetes and Other Risk Factors
- Rising Disposable Income
- Restraints
- High Cost of Devices
- Limited Access to Healthcare
- Opportunities
- Technological Advancements
- Focus on Reimbursement
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Cataract Market, By Type, 2021 - 2031 (USD Million)
- Nuclear Cataracts
- Cortical Cataracts
- Posterior Subcapsular Cataracts
- Congenital Cataracts
- Global Cataract Market, By Treatment, 2021 - 2031 (USD Million)
- Medication
- Surgery
- Global Cataract Market, By Drugs Class, 2021 - 2031 (USD Million)
- Mydriatics
- Antibiotics
- Ophthalmic NSAIDs
- Corticosteroids and Others
- Global Cataract Market, By Route of Administration, 2021 - 2031 (USD Million)
- Oral
- Topical
- Global Cataract Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Cataract Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abbott
- Johnson & Johnson Services, Inc
- Novartis AG
- HOYA Corporation
- Carl-Zeiss-Stiftung
- Alcon Vision LLC
- Essilor
- Ziemer Ophthalmic Systems
- Company Profiles
- Analyst Views
- Future Outlook of the Market