07Jul 2023
Cataract Awareness Month drives artificial lenses market growth: GlobalData

Cataract Awareness Month drives artificial lenses market growth: GlobalData

Amidst Cataract Awareness Month, attention is drawn to the staggering number of individuals affected by visual impairments, particularly cataracts. Intraocular lenses (IOLs) play a crucial role in treating these cases by replacing clouded natural lenses. GlobalData forecasts the IOL market to grow from $4.1 billion in 2022 to nearly $5.0 billion by 2033, driven by the increasing capacity of healthcare facilities for cataract surgeries worldwide. According to the World Health Organization, approximately 2.2 billion people globally experience vision impairment. Brian Hicks, Senior Medical Device Analyst at GlobalData, expects an increase in eye surgeries and the use of IOLs in the coming years, with newer technologies like trifocal and extended-depth-of-focus (EDOF) lenses gaining market share.

  • #ophthalmology

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