Global Vision Care Market to Reach US$ 93.9 Billion by 2032, Impelled by Increasing Prevalence of Ocular Diseases

April 28, 2022

According to the latest report by IMARC Group, titled "Vision Care Market Report by Product Type (Glass Lenses, Contact Lenses, Intraocular Lenses, Contact Solutions, LASIK Equipment, Artificial Tears), Distribution Channel (Retail Stores, Online Stores, Clinics, Hospitals), and Region 2024-2032," the global vision care market size reached US$ 71.6 Billion in 2023. Vision care includes various methods and tools that are generally utilized for maintaining the proper functioning of the eyes. Since vision is an integral part of human health that aids in providing a better quality of life, it is necessary to protect them from eye diseases. Some of the common eye diseases include cataracts, conjunctivitis, diabetic retinopathy, age-related macular degeneration, refractive errors, glaucoma, strabismus and amblyopia. In order to maintain healthy eyesight, regular checkups are advised by healthcare professionals, thereby providing a thrust to the market growth. Besides this, the easy accessibility to vision care products and procedures is favorably impacting the market across the globe. 

Global Vision Care Market Trends:

The global market is primarily driven by the growing prevalence of ocular diseases among the masses. The rising occurrences of eyesight disorder can be accredited to the prolonged usage of laptops and smartphones among working professionals and students. Additionally, continual technological advancements in ocular surgery, such as the introduction of femtosecond laser-assisted cataract surgery that offers perfect centration, are creating a positive outlook for the market. Moreover, several leading players are heavily investing in product innovations, including the launching of light adjustable intraocular lens that facilitates optimization and customization post-cataract surgery in order to achieve the desired vision, which is considered to be a major growth-inducing factor. Furthermore, the increasing funding by key players for conducting extensive research and development (R&D) activities to introduce improved and effective vision care products and equipment is favorably impacting the market growth. Other factors, including the expanding healthcare expenditure and continuous improvements in the healthcare infrastructure, are also contributing to the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 93.9 Billion by 2032, exhibiting a CAGR of 3% during 2024-2032.

Market Summary:

  • On the basis of the product type, the market has been segmented into glass lenses, contact lenses, intraocular lenses, contact solutions, LASIK equipment and artificial tears. Among these, glass lenses hold the majority of the total market share.
  • Based on the distribution channels, the market has been categorized into retail stores, online stores, clinics and hospitals. Currently, retail stores exhibit a clear dominance in the market.
  • On the basis of the region, the market has been divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Presently, North America holds the leading market position. 
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include Johnson & Johnson Services, Inc., CooperVision, Inc. (Cooper Companies, Inc.), Bausch Health Companies, Inc., Essilor International and Novartis International AG.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Vision Care Market to Reach US$ 93.9 Billion by 2032, Impelled by Increasing Prevalence of Ocular Diseases
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More