According to Cognitive Market Research, the global Intraocular Cataract Lenses market size will be USD 4751.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1900.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1425.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1092.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 237.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 95.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
The Distributors and wholesalers are the dominant distribution channel in the intraocular cataract lenses market. Their prominence is largely due to their extensive networks and established relationships with healthcare providers and institutions