Charts & StatsSep 2, 2026

South Korea Intraocular Lenses Market By Type 2018-2027

By Type, the market is segmented into Traditional/Monofocal IOLs , Multifocal IOLs , Toric, Accommodating IOLs , Extended Depth-Of-Focus (EDoF) IOLs , and Phakic IOLs (2018-2027)

Author: Wantstats Research TeamSource: Wantstats Repository

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South Korea Intraocular Lenses Market By Type 2018-2027 — full underlying data
Label	Traditional/Monofocal IOLs	Multifocal IOLs	Toric	Accommodating IOLs	Extended Depth-Of-Focus (EDoF) IOLs	Phakic IOLs
2018	42.78 USD Mn	12.26 USD Mn	9.66 USD Mn	4.6 USD Mn	5.04 USD Mn	1.88 USD Mn
2019	46.26 USD Mn	13.46 USD Mn	10.27 USD Mn	4.85 USD Mn	5.34 USD Mn	1.97 USD Mn
2020	48.19 USD Mn	14.24 USD Mn	10.51 USD Mn	4.92 USD Mn	5.45 USD Mn	1.99 USD Mn
2021	51.78 USD Mn	15.52 USD Mn	11.1 USD Mn	5.14 USD Mn	5.73 USD Mn	2.07 USD Mn
2022	55.31 USD Mn	16.82 USD Mn	11.65 USD Mn	5.34 USD Mn	6 USD Mn	2.14 USD Mn
2023	59.05 USD Mn	18.21 USD Mn	12.21 USD Mn	5.55 USD Mn	6.27 USD Mn	2.21 USD Mn
2024	63.04 USD Mn	19.71 USD Mn	12.8 USD Mn	5.75 USD Mn	6.55 USD Mn	2.28 USD Mn
2025	67.26 USD Mn	21.31 USD Mn	13.41 USD Mn	5.96 USD Mn	6.83 USD Mn	2.35 USD Mn
2026	71.75 USD Mn	23.04 USD Mn	14.04 USD Mn	6.17 USD Mn	7.12 USD Mn	2.41 USD Mn
2027	76.51 USD Mn	24.89 USD Mn	14.69 USD Mn	6.38 USD Mn	7.43 USD Mn	2.48 USD Mn

Data Source: Wantstats Repository

Growth Outlook

The 2027 portion of the South Korea Intraocular Lenses Market By Type 2018 market is on a steady long-term growth path. Segment value stands at roughly USD 125 Mn in 2026 and is projected to reach USD 132 Mn by 2027 — a gain of about 6% over the forecast period, translating to a CAGR in the mid-single digits.
South Korea is one of the leading countries in terms of technological advancements and innovation, particularly in the field of healthcare. The country has been at the forefront of developing and providing advanced medical treatments and devices, including intraocular lenses (IOLs).
What the regional split looks like (2026): Traditional/Monofocal IOLs leads, holding roughly 58% of segment value — the single largest regional share. Multifocal IOLs is the second-largest contributor. Toric, Extended Depth-Of-Focus (EDoF) IOLs , Accommodating IOLs and Phakic IOLs make up the remainder, in descending order.
By 2027, Traditional/Monofocal IOLs alone is expected to reach USD 77 Mn, with Multifocal IOLs at USD 25 Mn.

Market Dynamics

South Korea is one of the leading countries in terms of technological advancements and innovation, particularly in the field of healthcare. The country has been at the forefront of developing and providing advanced medical treatments and devices, including intraocular lenses (IOLs). These are artificial lenses that are implanted into the eye to replace the natural lens and improve visual acuity in patients with cataracts or other vision disorders. One of the main factors driving the demand for IOLs in South Korea is the country's aging population. As of 2021, South Korea has a significantly high proportion of elderly population, with individuals over the age of 65 accounting for nearly 15% of the total population. This demographic is more susceptible to age-related vision problems such as cataracts, making the demand for IOLs to be on the rise. Moreover, South Korea has a well-developed healthcare system that is highly focused on providing quality and accessible healthcare to its citizens. The government has implemented various policies and initiatives to promote the use of advanced medical devices, including IOLs. This has further fueled the demand for IOLs in the country.

Another factor contributing to the demand for IOLs in South Korea is the growing prevalence of lifestyle-related diseases, such as diabetes. Diabetic patients are more prone to developing cataracts, thus increasing the demand for IOLs to improve their vision. In addition, the preference for cosmetic and refractive surgeries has also boosted the demand for IOLs in South Korea. The country is known for its high beauty standards, and many people opt for refractive surgeries, such as LASIK, to correct their vision. These surgeries often involve the use of IOLs, resulting in an increase in the demand for these devices. Furthermore, South Korea is home to several renowned ophthalmic clinics and hospitals, which attract patients from across the world for their advanced treatments and facilities. This also contributes to the demand for IOLs, as these institutions use the latest and most advanced devices to provide optimal care to their patients. In conclusion, the demand for IOLs in South Korea is driven by factors such as the aging population, advanced healthcare system, rising prevalence of lifestyle diseases, and the preference for cosmetic and refractive surgeries.

With the continuous advancements in technology and increasing awareness about the benefits of IOLs, the demand for these devices is expected to further grow in the coming years.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.

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Rob Kooiker

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

South Korea Intraocular Lenses Market By Type 2018-2027

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