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The market is experiencing several trends that are shaping its growth and development. Factors such as the rising adoption of smart and bioengineered implants, growth in cosmetic and aesthetic applications, and increasing adoption of telemedicine and remote monitoring, among others, are boosting industry growth.
Key players in the ocular implants industry include AbbVie, Alcon, Bausch Health, Glaukos Corporation, Gulden Ophthalmics, HOYA Corporation, HumanOptics Holding, Johnson & Johnson, Lenstec, MORCHER, NIDEK, and Orbtex.
The U.S. ocular implants market generated USD 6.4 billion in revenue in 2024 and is anticipated to grow at a 6.1% CAGR from 2025 to 2034, driven by the high prevalence of age-related eye disorders.
The glaucoma implants segment is expected to grow at a CAGR of 6.2%, reaching over USD 12.1 billion by 2034, fueled by the rising prevalence of glaucoma due to aging populations and longer life expectancy.
The global ocular implants industry was valued at USD 17.1 billion in 2024 and is projected to grow at a 6.4% CAGR from 2025 to 2034, driven by increasing demand for aesthetic solutions and minimally invasive procedures.