Technology shifts—miniaturized injection ports, anti-reflective optics, and injectable hydrogel cores—are shortening surgical time and widening the treatable-patient pool, while a tightening regulatory lens on long-term biocompatibility (ISO 16679:2023) is accelerating clinical evidence requirements. Competitive intensity is intensifying as Bausch + Lomb, Alcon, and Chinese innovators such as Eyebright Medical scale production, compressing ASPs ~4% per annum. North America commands 41% share driven by high-complexity vitreoretinal centers, yet APAC is the fastest-expanding region, forecast to outpace the global average by ~330 bps as China’s retinal surgical volume surpasses 600k cases annually. Supply-chain resilience and surgeon up-skilling will be decisive in sustaining this industry expansion.