What is the global market size of Vision Care Market?

Vision Care Market size was valued at USD 67.03 billion in 2019 and is poised to grow from USD 69.3 billion in 2023 to USD 93.55 billion by 2031, growing at a CAGR of 3.39% in the forecast period (2024-2031).

Who are the key vendors in the Global Vision Care Market?

In order to develop more effective products, several worldwide organizations are concentrating on R&D programs. To increase their customer base, they are also providing a variety of product variations with better quality and services. For instance, in August 2021, the first and only monthly replacement, a water gradient lens that feels like nothing, TOTAL30, has been introduced by Alcon, a leader in eye care committed to allowing users to see clearly. 'ESSILORLUXOTTICA ', 'Bausch Health', 'The Cooper Companies Inc', 'Novartis AG', 'Johnson & Johnson', 'Carl Zeiss Meditec AG', 'Luxottica Group S.p.A.', 'Hoya Corporation', 'Alcon, Inc.', 'Safilo Group S.p.A.', 'GrandVision N.V.', 'Menicon Co., Ltd.', 'Topcon Corporation', 'Nidek Co., Ltd.', 'Shamir Optical Industry Ltd.', 'Charmant Group', 'Marcolin S.p.A.', 'Rodenstock GmbH', 'Seiko Optical Products Co., Ltd.', 'Vision Service Plan (VSP)'

What is the key driver of Global Vision Care Market?

The market will expand in the approaching years as a result of the rising prevalence of cataracts in the world. The requirement for vision is rising as the incidence of cataracts rises, which helps the industry grow. One of the main factors driving the market is expected to be the rising number of people suffering from eye illnesses.

What is the key market trend for Global Vision Care Market?

The U.S. Food and Drug Administration's (FDA) certification of Paragon Vision Science's freshly built contact lens production facility in suburban Phoenix would positively impact market trends in the eye care industry. For instance, the facility will develop cutting-edge ortho-k goods for usage in the United States, such as Paragon CRT®. The new location is larger than the company's existing operation, which is located close by in Mesa, Arizona.

Which region accounted for the largest share in Global Vision Care Market?

North America currently holds a dominant position in the global market for eye care due to the widespread use of vision care goods, favorable reimbursement practices, and growing public knowledge of the advantages of the product.

Vision Care Market Size

SkyQuest Technology's Vision care market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Vision Care Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Vision Care Market Insights

Global Vision Care Market size was valued at USD 68.1 Billion in 2023 and is poised to grow from USD 70.65 Billion in 2024 to USD 94.85 Billion by 2032, growing at a CAGR of 3.75% during the forecast period (2025-2032).

Growing prevalence of eye disorders, increase in aging population, high incidence of lifestyle disorders affecting vision, rising awareness regarding eye care, and increasing availability of eye care clinics and ambulatory surgical centers are boosting vision care sales.

Older adults are more prone to age-related eye diseases such as cataracts, macular degeneration, and glaucoma, which in turn drives vision care market growth. Lifestyle-related diseases like diabetes and hypertension are escalating globally due to sedentary habits and unhealthy diets ultimately leading to vision impairment thereby driving vision care demand. Global health campaigns and public-private partnerships are improving awareness and access to eye care services, especially in low- and middle-income countries. The proliferation of outpatient surgical centers and specialized eye clinics offering affordable eye care is also helping boost the adoption of advanced vision care in the long run.

On the contrary, high costs of advanced vision care, dearth of skilled ophthalmic professionals, regulatory and compliance issues, and limited access in rural areas are anticipated to inhibit the vision care market penetration across the forecast period.

How Can AI Change the Future Vision Care Adoption?

Artificial intelligence and telehealth are transforming how vision care is delivered, particularly in diagnostics and screenings. AI-enabled tools can now detect conditions like diabetic retinopathy, glaucoma, and macular degeneration from retinal scans with high accuracy. Tele-optometry platforms allow remote eye exams and consultations, increasing access in rural or underserved regions. These technologies reduce dependency on in-person visits, lower costs, and enable early detection of disease. Major optical retailers and startups are investing in AI-integrated kiosks and mobile apps. This trend is driving more efficient, scalable, and accessible eye care models, redefining how vision screening and monitoring are conducted globally.

Vision Care Market Report Snapshots

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FAQs

Vision care providers should focus on expanding their sales potential through different distribution channels. Targeting online channels is slated to be essential for companies to improve their business scope as per this vision care market analysis. 'Johnson & Johnson Vision ', 'CooperVision ', 'Bausch & Lomb ', 'Hoya Corporation ', 'Carl Zeiss AG ', 'Alcon ', 'Topcon Corporation ', 'EssilorLuxottica ', 'NIDEK Co., Ltd. ', 'Glaukos Corporation ', 'Rodenstock GmbH ', 'Safilo Group S.p.A. ', 'STAAR Surgical Company ', 'Menicon Co., Ltd. ', 'MediPrint Ophthalmics ', 'Abbott Medical Optics (AMO) ', 'Santen Pharmaceutical Co., Ltd. ', 'Sight Sciences ', 'Optovue ', 'SynergEyes Inc.'

Increasing efforts to promote eye health through awareness campaigns and vision screening initiatives by governments, NGOs, and private companies is driving vision care market outlook. Retail expansion by major optical brands and e-commerce platforms also increases accessibility to glasses and contact lenses. As awareness of preventable vision issues grows, more people seek routine eye checkups and corrective solutions thereby driving sales of vision care products.

High Demand for Blue Light Blocking Lenses: Rapid digitization around the world has substantially increased the uptake of digital devices. Blue light exposure of these devices contributes to digital eye strain, sleep disturbances, and long-term vision problems. As a result, demand for blue light blocking lenses, both prescription and non-prescription, has surged, especially among younger, tech-savvy consumers. The vision care industry trend is further propelled by adoption of remote work and digital learning.

Why is North America a Top Region for Vision Care Adoption?

Vision Care Market Size

Vision Care Market Insights

Vision Care Market Report Snapshots

FAQs

What is the global market size of Vision Care Market?

Who are the key vendors in the Vision Care Market?

What is the key driver of Vision Care Market?

What is the key market trend for Vision Care Market?

Which region accounted for the largest share in Vision Care Market?

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