Cataract Surgery Market Expanding, Becoming More Competitive

Cataract revenues by manufacturer, Americas
Source: MedMarket Diligence report #G125, "Worldwide Ophthalmology."

Advances in intraocular lenses have made it possible for phakic intraocular lenses (PIOLs) to compete at some level with refractive surgery.   Further advances in materials and implant technologies are making it possible to achieve clear vision at multiple focal points with multifocal and accommodating lenses.  Innovations in this segment have created significant opportunities for new entrants and have begun to challenge long time market leaders in IOLs.

About one third of practicing ophthalmologists perform cataract surgery, making it the most commonly performed ophthalmic surgical procedure in the world.  And until recently, the placement of IOLs was a well defined surgical technique that began with removing the patient’s clouded native lens and ended with the insertion of a synthetic lens to restore vision.  Remaining visual aberrations were corrected with eyeglasses or contact lenses and follow-on care was principally the domain of the optometrist.

With the advent of refractive surgery and PIOLs, however, there are more options than ever before for treating vision disorders after cataract surgery.  Today, residual vision aberrations can be managed with traditional eyewear or lenses or refractive surgery.  The availability of new therapies has the potential to redefine how optometrists think about partnerships with ophthalmologists and to critically evaluate the kind of services that they make available to their patients.

From Report #G125, “Products, Technologies, Markets and Opportunities in Ophthalmology Surgical, Device and Drug Markets Worldwide, 2007.” See link for details or order online.

2 thoughts on “Cataract Surgery Market Expanding, Becoming More Competitive”

  1. well wearing contact lenses is another problem sometimes because you need to wear it correctly and safely then also need to remove it very carefully, I much like wearing sunglasses and eyeglasses more than contact lenses because it’s easy to wear, easy to remove, and it adds a cool look.

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