Global Ocular Adhesives and Sealants Market to Hit Market Valuation of USD 455.5 Million By 2032

According to Yahoo Finance, Global ocular adhesives and sealants market is projected to more than double in size, from a valuation of US$ 214.3 million in 2023 to reach US$ 455.5 million by 2032 at a CAGR of 9.5% during the forecast period 2024–2032.

The prevalence of vision impairment worldwide is immense. A staggering 2.2 billion people are affected, with almost half living with a condition that either could have been prevented or is yet to be addressed. Cataracts alone account for more than 94 million cases of blindness while glaucoma threatens irreversible vision loss in over 80 million people. The risk of developing age-related conditions such as macular degeneration only adds to the complexity of this situation, affecting over 200 million people globally. But it’s not just the elderly who face these problems – diabetic retinopathy threatens the sight of over 100 million adults alone. All these factors are adding fuel to the demand and growth of the global ocular adhesives and sealants market.

This has forced health professionals and organisations to rely more heavily on surgical interventions. Cataract surgery is currently the most frequent eye surgery performed, as there are more than 22 million procedures being done each year – and this number is steadily increasing alongside rising glaucoma prevalence. 

Ocular adhesives and sealants are also benefiting from a wave of innovation, driven by research into new biomaterials that offer better tolerability in the eye. All this R&D activity is leading to safer and more effective products for ocular surgeries. And with an ageing global population — a key risk factor for many ocular disorders — plus regional disparities in disease burden due to variations in healthcare access, demand is sure to rise as countries race to find affordable solutions to prevent vision loss.