IMARC Group has recently released a new research study titled “South Korea Ophthalmic Devices Market Report by Device (Surgical Devices, Diagnostic and Monitoring Devices), and Region 2026-2034”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
South Korea Ophthalmic Devices Market Overview
The South Korea Ophthalmic Devices Market size was valued at USD 556.7 Million in 2025. The market is projected to reach USD 752.2 Million by 2034, growing at a CAGR of 3.40% during the forecast period from 2026 to 2034. Market growth is driven by the increasing prevalence of age-related eye diseases and the rising popularity of minimally invasive surgical procedures. Additionally, personalized medicine and patient-centric care approaches significantly contribute to the demand for advanced ophthalmic devices.
Study Assumption Years
- Base Year: 2025
- Historical Year/Period: 2020-2025
- Forecast Year/Period: 2026-2034
South Korea Ophthalmic Devices Market Key Takeaways
- Current Market Size: USD 556.7 Million (2025)
- CAGR: 3.40% (2026-2034)
- Forecast Period: 2026-2034
- The market growth is propelled by the increasing prevalence of age-related eye disorders such as cataracts, glaucoma, and macular degeneration.
- Rising awareness of eye health and the importance of regular eye check-ups increases demand for diagnostic ophthalmic devices.
- Advancements in refractive surgery and precision technology are accelerating the adoption of advanced ophthalmic devices.
- The diabetic population is expanding, increasing cases of diabetic retinopathy, which favors market growth.
- The rising trend of minimally invasive surgical (MIS) procedures supports demand for innovative microsurgical devices.
- Combination devices like phacoemulsification systems streamline surgery and improve outcomes.
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Market Growth Factors
The South Korea ophthalmic devices market is growing due to the rising prevalence of age-related eye disorders such as cataracts, glaucoma, and macular degeneration. These conditions significantly drive the demand for ophthalmic devices capable of early diagnosis and treatment. Increasing awareness about eye health and regular eye examinations is pushing individuals to seek medical attention sooner, creating a higher need for diagnostic ophthalmic tools that detect and monitor these diseases effectively.
Technological innovations in ophthalmic devices, particularly in refractive surgery, are enhancing the precision and safety of diagnostic and surgical interventions. The introduction of cutting-edge technologies such as lasers, high-resolution imaging, and computer software is encouraging healthcare providers to adopt state-of-the-art equipment. Personalized medicine is gaining traction, leading to customized ophthalmic devices tailored to specific patient needs and preferences, further boosting market demand.
The growing incidence of diabetes in the population leads to a rise in diabetic retinopathy, augmenting demand for diagnostic and monitoring ophthalmic devices. Additionally, the increasing popularity of minimally invasive surgical procedures (MIS) is shifting preference toward advanced microsurgical devices that facilitate faster recovery and fewer post-operative complications. Emergence of combination devices such as phacoemulsification systems, which integrate cataract surgery with intraocular lens implantation, is streamlining surgical processes and improving patient outcomes.
Market Segmentation
Devices Insights:
- Surgical Devices:
- Glaucoma Devices: Devices for diagnosing and treating glaucoma, aiding in pressure management of the eye.
- Intraocular Lenses: Artificial lenses implanted to replace the eye’s natural lens, primarily after cataract surgery.
- Lasers: Devices utilizing laser technology for various ophthalmic surgeries and treatments.
- Others: Miscellaneous surgical devices related to ophthalmic treatments not classified under the above.
- Diagnostic and Monitoring Devices:
- Autorefractors and Keratometers: Instruments used to determine refractive errors and corneal curvature for prescribing corrective lenses.
- Ophthalmic Ultrasound Imaging Systems: Devices providing ultrasound imaging to aid eye diagnosis and treatment planning.
- Ophthalmoscopes: Instruments for examining internal eye structures to detect abnormalities.
- Optical Coherence Tomography Scanners: Imaging systems that capture high-resolution 3D images of the retina and other eye structures.
- Others: Additional diagnostic and monitoring ophthalmic devices not included in the above categories.
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Regional Insights
The report segments the South Korea market into Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and Others. The dominant region details, including market share and CAGR, are not explicitly provided in the source. These regions encompass the primary markets and distribution channels for ophthalmic devices across South Korea.
Market Report Coverage
- Base Year of the Analysis: 2025
- Historical Period: 2020-2025
- Forecast Period: 2026-2034
- Units: Million USD
- Scope of the Report: Exploration of historical and forecast trends, industry catalysts and challenges, segment-wise predictive market assessment covering devices and regions.
- Devices Covered: Surgical Devices (Glaucoma Devices, Intraocular Lenses, Lasers, Others); Diagnostic and Monitoring Devices (Autorefractors and Keratometers, Ophthalmic Ultrasound Imaging Systems, Ophthalmoscopes, Optical Coherence Tomography Scanners, Others).
- Regions Covered: Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), Others.
- Customization Scope: 10% Free Customization
- Post-Sale Analyst Support: 10-12 Weeks
- Delivery Format: PDF and Excel via Email (editable PPT/Word version on special request).
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