About Ophthalmology
There are 1.44K companies in the Ophthalmology sector across the world, with 867 funded companies having collectively raised $31.8B in venture capital money and private equity. Overall 498 of these are Series A+ funded and the sector has seen the creation of 2 Unicorns.
Ophthalmology sector has seen 162 acquisitions and 103 IPOs. This represents almost 18.4% of all such companies - which is higher than the 4.7% exit rate of tech companies in general.
This sector includes medical devices, diagnostics tests, and pharmaceuticals for the diagnosis and treatment of ophthalmological disorders.
Ophthalmology sector is also known as Ophthalmic Devices, Eye Care or Vision Care.
Companies included in Ophthalmology sector
Medical devices, diagnostics tests, and pharmaceuticals for the diagnosis and treatment of ophthalmological disordersCompanies excluded in Ophthalmology sector
Healthcare Service Providers, Digital Health Solutions (software, apps, online platforms)Market Map of Ophthalmology
The market map of Ophthalmology gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.
Reports related to Ophthalmology
Here are some reports related to Ophthalmology sector:
Free
Ophthalmology - Sector Report
Edition: June, 2026 (68 Pages)
Premium
Ophthalmology Investor Landscape
Edition: May, 2025 (12 Pages)
Premium
Ophthalmology Exit Landscape
Edition: August, 2025 (15 Pages)
View all reports related to Ophthalmology. Sign up today!Top Companies in Ophthalmology
There are more than 1.44K companies in Ophthalmology. Alcon is the top Ophthalmology company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Ophthalmology companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of a wide range of eye care products | Fort Worth (United States) | 1945 | Public | $187M | |
Developer of implants to treat glaucoma | Laguna Hills (United States) | 2001 | Public | $118M | |
Developer of medicines for patients with serious and rare diseases | Boulder (United States) | 2007 | Public | $14.5M | |
Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms | Bengaluru (India) | 2010 | Series B | $18.1M | |
Developer of gene therapeutics for genetic disorders | Emeryville (United States) | 2013 | Public | $187M |
Companies founded year-on-year in the Ophthalmology sector
84 Ophthalmology startups were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 6 |
2024 | 16 |
2023 | 20 |
2022 | 34 |
2021 | 47 |
2020 | 55 |
2019 | 78 |
2018 | 84 |
2017 | 76 |
Companies founded across countries in the Ophthalmology sector
United States has 639 Ophthalmology startups, the most by any country, followed by China which has 89 startups and United Kingdom which has 86.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 639 |
China | 89 |
United Kingdom | 86 |
Germany | 78 |
India | 67 |
Israel | 62 |
France | 48 |
Switzerland | 42 |
South Korea | 34 |
Canada | 32 |
Stage-wise distribution of the Ophthalmology sector
Out of the total 1,444 Ophthalmology companies, 867 have secured funding. Among them, 498 have reached Series A or higher, and 391 to Series B or beyond.
Founded - 1,444
Funded - 867
Series A+ - 498
Series B+ - 391
Series C+ - 317
Company Stage | No. of companies |
|---|---|
Founded | 1,444 |
Funded | 867 |
Series A+ | 498 |
Series B+ | 391 |
Series C+ | 317 |
Want to know more about Ophthalmology ? Signup and explore Tracxn for free
- 1.4K+ Total Companies
- $31.8B+ Total Funding
- 865+ Funded Companies
- 100+ IPOs
- 160+ Acquisitions
- 10+ Reports
Funding Trends in the Ophthalmology sector
Total funding year-on-year in the Ophthalmology sector
The Ophthalmology sector saw a total funding of more than $22.4B in the last 10 years. The most amount of funding was in 2019 at more than $7.13B. There has been a total funding of $1.21B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.21B |
2025 | $2.55B |
2024 | $1.19B |
2023 | $1.77B |
2022 | $1.86B |
2021 | $1.75B |
2020 | $3.03B |
2019 | $7.13B |
2018 | $1.08B |
2017 | $845M |
Total funding across countries in the Ophthalmology sector
In the last 10 years, Ophthalmology startups in United States have recieved the highest funding among all countries - $16.5B. Germany follows with $1.15B and China with $827M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $16.5B |
Germany | $1.15B |
China | $827M |
United Kingdom | $631M |
Switzerland | $605M |
France | $535M |
Israel | $468M |
Australia | $226M |
Spain | $205M |
India | $55.8M |
Total funding amount raised by stage in the Ophthalmology sector
Over the last 10 years, the Ophthalmology sector have seen $311M into Seed Stage funding rounds, $6.83B into Early Stage funding rounds and $4.94B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Early Stage | $6.83B |
Debt | $6.36B |
Late Stage | $4.94B |
Post IPO | $2.51B |
Grant | $594M |
PE | $411M |
Seed Stage | $311M |
Recent Funding Rounds in Ophthalmology
In the year 2026, till June 2026, Ophthalmology companies have raised $1.01B in equity funding across 26 rounds.
In the same period last year (i.e. till June 2025), Ophthalmology companies had raised $1.55B across 37 rounds.
So, 2026 has seen a 34.81% drop in funding in Ophthalmology companies as compared to 2025.
Here are some recent, important funding rounds in Ophthalmology:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4485 | Jun 16, 2026 | ||
Series B | 7121 | Jun 12, 2026 | - | |
Series A | 2347 | Jun 02, 2026 | ||
Series C | 5523 | Jun 01, 2026 | ||
Seed | 2999 | May 28, 2026 |
Top Investors in Ophthalmology
HHS is the top investor in Ophthalmology companies based on number of companies invested.
Here are some top investors in Ophthalmology:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Basel (Switzerland) | ||
Boston (United States) | ||
Newport Beach (United States) |
M&A activity in Ophthalmology
In the year 2026, till May 2026, 4 acquisitions happened in Ophthalmology sector. Last year, in 2025, a total of 11 acquisitions happened in Ophthalmology sector.
Here are some recent, important acquisitions in Ophthalmology:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 06, 2026 | ||
Business Acquisition | Apr 19, 2026 | ||
Business Acquisition | Mar 31, 2026 | ||
Business Acquisition | Feb 03, 2026 | ||
Business Acquisition | Oct 24, 2025 |
Acquisition trends in Ophthalmology
Here are the acquisition trends in Ophthalmology:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 11 |
2024 | 13 |
2023 | 6 |
2022 | 16 |
2021 | 10 |
2020 | 8 |
2019 | 16 |
2018 | 11 |
2017 | 4 |
IPOs in Ophthalmology
In the year 2026, till March 2026, 4 IPOs happened in Ophthalmology sector.
Here are some recent, important IPOs in Ophthalmology:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 31, 2026 | Korea Exchange (KRX) | |
Mar 16, 2026 | Korea Exchange (KRX) | |
Mar 12, 2026 | Canadian Securities Exchange (CSE) | |
Feb 06, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Aug 15, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Colleges which produce the most Ophthalmology companies
Companies founded by alumni from top colleges in the Ophthalmology sector
Most number of Ophthalmology startups have been founded by alumni from Harvard University, Massachusetts Institute of Technology and Tel Aviv University.
College | No. of companies |
|---|---|
Harvard University | 21 |
Massachusetts Institute of Technology | 16 |
Tel Aviv University | 15 |
University of California (Berkeley) | 11 |
Stanford University | 10 |
University of Pennsylvania | 8 |
University of Cambridge | 7 |
University of Oxford | 7 |
Carnegie Mellon University | 6 |
Cornell University | 6 |
Total funding in companies founded by alumni from top colleges in the the Ophthalmology sector
In the last 10 years, Massachusetts Institute of Technology graduates' Ophthalmology companies have raised the most funding among top colleges. Stanford University alumni are second, and Harvard University alumni are third.
College | Total Funding |
|---|---|
Massachusetts Institute of Technology | $6.49B |
Stanford University | $5.78B |
Harvard University | $2.03B |
Duke University | $1.49B |
University of Cambridge | $524M |
University of California (Berkeley) | $507M |
University of Oxford | $425M |
Cornell University | $311M |
Harvard Business School | $288M |
University of Pennsylvania | $253M |
Top News in Ophthalmology
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Opus Genetics Added to Russell 3000, Russell 2000, and Russell Microcap IndexesGlobeNewswire•Jun 26, 2026•Opus Genetics
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Alcon Celebrates 30 Years of WaveLight Innovation at Pressath, Germany FacilityEyewire•Jun 17, 2026•Alcon
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