Vision Care - Global Strategic Business Report

The global market for Vision Care was estimated at US$66.2 Billion in 2024 and is projected to reach US$75.8 Billion by 2030, growing at a CAGR of 2.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Vision Care market.

Global Vision Care Market - Key Trends & Drivers Summarized

How Is the Growing Prevalence of Eye Disorders Influencing Vision Care?

The increasing incidence of vision-related disorders, including myopia, presbyopia, and age-related macular degeneration, is significantly driving demand for vision care products and services. Factors such as prolonged screen exposure, rising cases of diabetes-related retinopathy, and an aging global population have contributed to an upsurge in ophthalmic consultations and corrective eyewear usage. Additionally, the growing emphasis on preventive eye care and routine vision screening is prompting individuals to seek earlier intervention for potential eye health issues, further expanding the market.

What Innovations Are Revolutionizing Vision Care Solutions?

The vision care market is experiencing rapid technological advancements, with innovations such as smart contact lenses, AI-powered diagnostic tools, and blue light-blocking eyewear gaining popularity. The introduction of myopia management solutions for children, including orthokeratology (Ortho-K) lenses and atropine eye drops, is addressing the increasing prevalence of childhood myopia. Additionally, digital health platforms and tele-optometry services are enabling remote eye examinations, improving access to vision care, particularly in underserved regions. The growing adoption of laser-assisted vision correction procedures, including LASIK and SMILE, is also reshaping the landscape of refractive surgery.

What Market Trends Are Driving the Expansion of Vision Care Services?

Rising consumer awareness about eye health and digital eye strain is fueling demand for specialized vision care products, including anti-fatigue lenses and prescription screen glasses. The e-commerce boom has further facilitated the accessibility of vision care products, with online platforms offering prescription glasses, contact lenses, and vision supplements. Additionally, the increasing availability of insurance coverage for eye care procedures and corrective treatments is making vision care more affordable for a broader demographic. The expansion of optical retail chains and partnerships between ophthalmic clinics and eyewear brands are also contributing to market growth.

What Factors Drive the Growth of the Market?

The growth in the vision care market is driven by several factors, including rising cases of refractive errors, increasing demand for digital eye strain solutions, and advancements in AI-driven eye diagnostics. The proliferation of smart eyewear technology and blue light-blocking lenses is addressing modern lifestyle concerns, boosting market adoption. Additionally, the surge in tele-optometry services and online sales of vision care products is enhancing accessibility for consumers. The growing investment in research and development (R&D) for myopia management and presbyopia treatment solutions is expected to further accelerate market expansion.

SCOPE OF STUDY:

The report analyzes the Vision Care market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Segment (Glass Lens, Contact Lens, IOLs, Other Segments)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Glass Lens segment, which is expected to reach US$54.6 Billion by 2030 with a CAGR of a 2.1%. The Contact Lens segment is also set to grow at 2.4% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $17.4 Billion in 2024, and China, forecasted to grow at an impressive 4.0% CAGR to reach $15.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Vision Care Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Vision Care Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Vision Care Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Bausch Health Companies Inc., Carl Zeiss AG, Essilor International, Johnson & Johnson, Novartis AG and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 167 companies featured in this Vision Care market report include:

• Bausch Health Companies Inc.
• Carl Zeiss AG
• Essilor International
• Johnson & Johnson
• Novartis AG
• The Cooper Companies, Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.