In recent times, the point absorber Wave Energy Converter (WEC) has gained popularity due to its practicality. Investigating the parameters of the Hydraulic Power Take-Off (HPTO) in the WEC, including hose diameter and check valve variations, is crucial. This study analyzes optimization using the Sequential Quadratic Programming (SQP) method in MATLAB/SimScape, leading to a more comprehensive understanding of the interactions among HPTO components, such as hydraulic cylinders, check valves, hoses, accumulators, motors, and generators. Key system performance indicators, including pressure drop, flow rate, and power output, were assessed in both single and two-point absorber HPTO configurations. The optimization process yielded a maximum hydraulic power output of 7.33 kW, a mechanical power output of 6.41 kW, and an electrical power output of 5.4 kW using a 2-inch hose diameter. Additionally, utilizing a two-point absorber model enhanced power generation capacity by 47.4%, reaching 9.45 kW. The findings highlight the significant pressure drop at the check valve, with the 2-inch hose model experiencing a drop of 31.874 bar. These results demonstrate that optimizing HPTO parameters can significantly improve the efficiency of converting wave energy into electricity, providing valuable design recommendations for WEC technology.