Japan Intraocular Lens Market Size & Outlook, 2024-2030
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Japan intraocular lens market highlights
- The Japan intraocular lens market generated a revenue of USD 209.1 million in 2023 and is expected to reach USD 306.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, multifocal intraocular lenses was the largest revenue generating product in 2023.
- Multifocal Intraocular Lenses is the most lucrative product segment registering the fastest growth during the forecast period.
Intraocular lens market data book summary
| Market revenue in 2023 | USD 209.1 million |
| Market revenue in 2030 | USD 306.8 million |
| Growth rate | 5.3% (CAGR from 2024 to 2030) |
| Largest segment | Multifocal intraocular lenses |
| Fastest growing segment | Multifocal Intraocular Lenses |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monofocal Intraocular Lenses, Multifocal Intraocular Lenses, Toric Intraocular Lenses, Accommodative Intraocular Lenses |
| Key market players worldwide | Alcon Inc, Bausch & Lomb Corp, Carl Zeiss Meditec AG, Staar Surgical Co, Hoya Corp, Johnson & Johnson, Rayner Surgical Group, Eyekon Medical, Lenstec, HumanOptics |
Other key industry trends
- In terms of revenue, Japan accounted for 4.7% of the global intraocular lens market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan intraocular lens market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 187.6 million by 2030.
Multifocal intraocular lenses was the largest segment with a revenue share of 38.26% in 2023. Horizon Databook has segmented the Japan intraocular lens market based on monofocal intraocular lenses, multifocal intraocular lenses, toric intraocular lenses, accommodative intraocular lenses covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare infrastructure in Japan is more advanced than other developing countries of the region. The adoption of advanced healthcare solutions is expected to increase in the country owing to rise in healthcare expenditure and increase in diseased population.
Factors such as increase in the number of health insurance providers, rise in awareness about health management, and increase in the number of patients suffering from eye diseases are boosting the adoption of premium lenses in the country.
The Society of Japanese Ophthalmology (SJO), founded in 1887 in Tokyo, is responsible for developing and organizing eye care in the country. It is responsible for the training of ophthalmologists and assures delivery of optimum quality of eye care to individuals.
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Intraocular Lens Market Scope
Intraocular Lens Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HumanOptics | View profile | 101-250 | Erlangen, Bayern, Germany, Europe | http://www.humanoptics.com/en/ |
| Lenstec | View profile | 51-100 | Saint Petersburg, Florida, United States, North America | http://www.lenstec.com |
| Eyekon Medical | View profile | 11-50 | Clearwater, Florida, United States, North America | https://www.eyekonmedical.com/ |
| Rayner Surgical Group | View profile | 251-500 | Worthing, West Sussex, United Kingdom, Europe | http://www.rayner.com/ |
| Hoya Corp | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| Staar Surgical Co | View profile | 1115 | 25651 Atlantic Ocean Drive, Lake Forest, CA, United States, 92630 | https://www.staar.com |
| Bausch & Lomb Corp | View profile | 13300 | 520 Applewood Crescent, Vaughan, ON, Canada, L4K 4B4 | https://www.bausch.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Japan intraocular lens market size, by product, 2018-2030 (US$M)
Japan Intraocular Lens Market Outlook Share, 2023 & 2030 (US$M)
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