Therapeutic Lenses Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Therapeutic Contact Lenses Market is Segmented By Product (Intraocular Lenses, Progressive Lenses, Others), Application (Myopia, Presbyopia, Corneal Surgery/Disorders, Post Ocular Surgery, Drug Delivery, Others), End User (Hospitals, Ambulatory Centers, Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.

Therapeutic Lenses Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Therapeutic Lenses Market Size

Therapeutic Lenses Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 8.50 %
Fastest Growing Market North America
Largest Market Asia-Pacific
Market Concentration Medium

Major Players

Therapeutic Lenses Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Therapeutic Lenses Market Analysis

The Therapeutic Lenses Market is expected to register a CAGR of 8.5% during the forecast period.

The number of patients undergoing ophthalmology procedures at the hospital declined during the COVID-19 pandemic, significantly hampering therapeutic lens usage. For instance, according to a research study published by the Indian Journal of Ophthalmology in June 2021, the studied clinics were expected to perform 7,500 cataract procedures. Still, due to the pandemic, they could perform only 2,500 procedures. This data suggests a significant decrease in cataract procedures during the COVID-19 pandemic. Furthermore, as per the research study published by Dovepress in November 2021, on the comparison of the pre-pandemic and pandemic periods data for glaucoma patients in a tertiary centre, it was observed that the total number of outpatient clinical visits, visual field exams, surgical procedures, and medications released decreased by 92.52%, 93.84%, 72.74%, and 19.63%, respectively. Thus, the COVID-19 outbreak affected the market's growth significantly; however, as the pandemic has currently subsided, the market is expected to experience pre-pandemic growth levels during the study's forecast period.

The market is driven by factors such as the increasing burden of eye diseases, the increasing prevalence of diabetes and cataracts, and the rising adoption of advanced premium intraocular lenses (IOLs).

According to the World Health Organization October 2021 update, in low- and middle-income regions, the prevalence of distance vision impairment is estimated to be four times higher as compared to the high-income areas, while, in terms of near vision impairment, rates of unaddressed close vision impairment are estimated to be greater than 80% in western, eastern and central sub-Saharan Africa, while comparative rates in high-income regions of North America, Australasia, Western Europe, and of Asia-Pacific are reported to be lower than 10%. Thus, these regions may emerge as significant growth regions for the therapeutic lens market over the forecast period of the study.

Moreover, the growing burden of cataracts and diabetes is anticipated to drive the demand for therapeutic lenses market. According to the October 2021 statistics by the HelpMeSeeIndia Foundation, cataract contributes to 66.2% of overall blindness in people between 50-90 years of age. In Addition, as per the September 2021 report of the International Diabetes Federation, diabetes affected approximately 537 million persons aged 20 to 79 in 2021. The total number of people with diabetes was expected to reach 643 million by 2030 and 783 million by 2045. Three out of every four adults with diabetes lived in low- and middle-income nations. Therefore, people with diabetes are more likely to develop eye diseases, which is predicted to increase demand for therapeutic lenses and stimulate market expansion.

Thus, all aforementioned factors such as the high burden of eye diseases are expected to boost market growth over the forecast period. However, poor quality and high cost of the lens are expected to restrain the market growth over the forecast period.

Therapeutic Lenses Industry Overview

The therapeutic lens market is moderately fragmented. Key companies operating in the therapeutic lens arena have established vital business strategies such as strategic acquisitions, collaborations, product launches, approvals, and innovations, some of the significant business strategies that market participants adopt to maintain a strong market position. The market is focusing on research and development activities to develop efficient and cost-effective therapeutic lenses. The therapeutic lens market consists of several major players, such as Alcon Inc., Bausch Health Companies Inc., Zeiss Group, and Hoya Corporation.

Therapeutic Lenses Market Leaders

  1. Alcon Inc.

  2. Bausch Health Companies Inc.

  3. Hoya Corporation

  4. Carl Zeiss Meditec AG

  5. Johnson and Johnson Vision Care Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Therapeutic Lenses Market Concentration
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Therapeutic Lenses Market News

  • March 2023: AffaMed Technologies, a joint venture established between AffaMed Therapeutics and SIFI S.p.A., announced that the Taiwan Food and Drug Administration (TFDA) has approved its MINI WELL, MINI WELL PROXA, MINI WELL TORIC and MINI 4 Ready intraocular lens (IOL) surgical implants for use in cataract treatment in Taiwan.
  • January 2023: Bausch + Lomb acquired AcuFocus, a privately held ophthalmic medical device company. The acquisition added the IC-8 Apthera intraocular lens (IOL) to the company's portfolio, which was approved by the United States Food and Drug Administration in July 2022 for treating cataracts.

Therapeutic Lenses Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Burden of Eye Diseases
    • 4.2.2 Increasing Cases of Cataracts in the Diabetic Population
    • 4.2.3 Rising Adoption of Advanced Premium IOLs
  • 4.3 Market Restraints
    • 4.3.1 Poor Quality and High Cost of Lens
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value USD)

  • 5.1 By Product Type
    • 5.1.1 Intraocular Lenses
    • 5.1.1.1 Monofocal Intraocular Lens
    • 5.1.1.2 Accommodative Intraocular Lens
    • 5.1.1.3 Multifocal Intraocular Lens
    • 5.1.1.4 Toric Intraocular Lens
    • 5.1.2 Progressive Lenses
    • 5.1.3 Others
  • 5.2 By Application
    • 5.2.1 Myopia
    • 5.2.2 Presbyopia
    • 5.2.3 Corneal Surgery/Disorders
    • 5.2.4 Post Ocular Surgery
    • 5.2.5 Drug Delivery
    • 5.2.6 Others
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Ambulatory Centers
    • 5.3.3 Other End Users
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Alcon Inc.
    • 6.1.2 Bausch Health Companies Inc.
    • 6.1.3 Carl Zeiss Meditec AG
    • 6.1.4 EyeKon Medical Inc.
    • 6.1.5 Hoya Corporation
    • 6.1.6 HumanOptics AG
    • 6.1.7 Johnson and Johnson Vision Care Inc.
    • 6.1.8 Lenstec Inc.
    • 6.1.9 Rayner
    • 6.1.10 STAAR Surgical Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Therapeutic Lenses Industry Segmentation

As per the scope of the report, therapeutic lenses are intended to stop the mechanical rubbing of the blinking eyelids on a cornea that has been damaged or infected, allowing the cornea to heal. A wide range of corneal conditions, including bullous keratopathy, corneal erosions, corneal epithelial defects, and postsurgical conditions like post-keratoplasty and post-laser vision correction, can be treated with therapeutic lenses. The therapeutic contact lenses market is segmented by product (intraocular lenses, progressive lenses, others), application (myopia, presbyopia, corneal surgery/disorders, post-ocular surgery, drug delivery, others), end user (hospitals, ambulatory centers, other end users), and geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America).. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.

By Product Type Intraocular Lenses Monofocal Intraocular Lens
Accommodative Intraocular Lens
Multifocal Intraocular Lens
Toric Intraocular Lens
Progressive Lenses
Others
By Application Myopia
Presbyopia
Corneal Surgery/Disorders
Post Ocular Surgery
Drug Delivery
Others
By End User Hospitals
Ambulatory Centers
Other End Users
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Therapeutic Lenses Market Research FAQs

What is the current Global Therapeutic Lenses Market size?

The Global Therapeutic Lenses Market is projected to register a CAGR of 8.5% during the forecast period (2025-2030)

Who are the key players in Global Therapeutic Lenses Market?

Alcon Inc., Bausch Health Companies Inc., Hoya Corporation, Carl Zeiss Meditec AG and Johnson and Johnson Vision Care Inc. are the major companies operating in the Global Therapeutic Lenses Market.

Which is the fastest growing region in Global Therapeutic Lenses Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Therapeutic Lenses Market?

In 2025, the Asia-Pacific accounts for the largest market share in Global Therapeutic Lenses Market.

What years does this Global Therapeutic Lenses Market cover?

The report covers the Global Therapeutic Lenses Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Therapeutic Lenses Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Global Therapeutic Lenses Industry Report

Statistics for the 2025 Therapeutic Lenses market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Therapeutic Lenses analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.