Global Vision Care Market Set to Reach USD 94.33 Billion by 2033 – North America Led With 45.6% Market Share in 2024 – IMARC Group

Global Vision Care Market Statistics, Outlook and Regional Analysis 2025-2033

The global vision care market size was valued at USD 73.73 Billion in 2024, and it is expected to reach USD 94.33 Billion by 2033, exhibiting a growth rate (CAGR) of 2.75% from 2025 to 2033.

The rising prevalence of eye disorders, with more individuals seeking corrective solutions and treatments, is positively influencing the market. Conditions, including hyperopia, myopia, and astigmatism, have been becoming common, especially due to lifestyle changes and environmental factors. People face prolonged exposure to digital screens and experience digital eye strain and related disorders, such as dry eyes and blurred vision. These eye health issues require corrective lenses, including glasses and contact lenses, as well as specialized products like blue light-blocking lenses. Additionally, age-related eye conditions like cataracts, glaucoma, and macular degeneration are becoming more prevalent in older people. They need regular eye exams, treatments, and surgeries, such as laser eye procedures, to maintain vision health. Apart from this, the increasing burden of eye disorders is encouraging healthcare providers, researchers, and technology developers to create innovative treatments and solutions to improve the quality of life for affected individuals. In September 2024, Johnson & Johnson, the American multinational pharmaceutical, biotechnology, and medical technologies company, revealed its latest advancement in presbyopia-correcting intraocular lenses, PC-IOL, in the United States. This innovation provides patients with unparalleled continuous vision across the full spectrum to improve clarity and reduce the need for glasses.

Advancements in technology are improving the accuracy, convenience, and effectiveness of treatments and products. Improved diagnostic tools, such as optical coherence tomography (OCT) and automated refraction devices, allow more precise eye exams and earlier detection of eye conditions like glaucoma, macular degeneration, and diabetic retinopathy. This enables people to manage their eye health timely. Moreover, the development of highly specialized lenses, such as multifocal lenses, caters to the specific needs of users. The introduction of smart contact lenses with built-in sensors offers enhanced comfort and vision correction for users. Additionally, breakthroughs in laser surgery, such as small incision lenticule extraction (SMILE), provide safer, faster, and more effective solutions for vision correction. In June 2024, HOYA Vision Care, a leader in optical technology innovation, unveiled its latest AI-enabled solution for eye care professionals (ECPs)- ‘visuReal MoveAI’. It calculates the centration parameters and gives fast and accurate results.

Global Vision Care Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. According to the report, North America accounts for the largest market share driven by its high prevalence of eye disorders, advanced healthcare infrastructure, widespread adoption of innovative technologies.

North America Vision Care Market Trends:

North America is enjoying the leading position in the market because of the high prevalence of eye disorders like myopia and cataracts. The region has a well-established healthcare infrastructure and advanced diagnostic tools. The well-learned optometrists and ophthalmologists help people to diagnose, manage, and cure eye related issues. North America also has a comprehensive setup insurance system, allowing people to invest in premium eyewear and vision correction treatments. Moreover, rising screen time due to digital device usage create the need for vision care products. The United States is noted for the presence of leading market players and constant innovations, such as blue light-blocking glasses and digital eye strain solutions. In November 2024, Kian, a private investment firm, collaborated with RF Industries, the well-known consumer electronics company, to develop US VisionMed Partners, a management services organization (MSO). The platform aids recognized and healthcare-oriented optometry practices across the country. Its facilities provide services for patients focusing on specialty and medical offerings, including examinations, dry eye treatments, diagnostic testing, myopia management and vision therapy.

Europe Vision Care Market Trends:

The market for vision care is expanding gradually in Europe, which can be attributed to the aging population and increasing concerns about eye health. In Germany, France, and the UK, people choose prescription glasses, contact lenses, or vision correction surgeries. Strict government regulations on eye safety in workplaces and active public health campaigns further encourage the adoption of vision care solutions. Apart from this, manufacturers and customers invest in eco-friendly products, such as recyclable lenses and sustainable frames.

Asia-Pacific Vision Care Market Trends:

The Asia-Pacific region accounts for a sizeable portion of the vision care industry due to increasing cases of eye problems. In nations like China and India, people are aware about the importance of healthy eyes. They prefer affordable eyewear and corrective lenses to deal with high rates of vision issues. The region’s tech-savvy youth opt stylish and tech-integrated eyewear. Additionally, government initiatives for free eye check-ups and affordable vision correction surgeries encourage the use of vision care solutions. Individuals can also avail these products through e-commerce platforms.

Latin America Vision Care Market Trends:

On account of the growing awareness among the masses about eye health and improved access to healthcare services, Latin America is experiencing vision care market expansion. In nations like Brazil and Mexico, people use affordable prescription glasses and contact lenses. Additionally, public health initiatives aimed at reducing preventable blindness, promote the utilization of reliable vision care solutions. People in this area also choose fashionable eyewear, blending functionality with style. Top companies team up with local distributors to increase product availability and affordability.

Middle East and Africa Vision Care Market Trends:

The market for vision care in the Middle East and Africa region is experiencing an improvement in the healthcare infrastructure. In countries like the UAE and Saudi Arabia, people make luxury eyewear purchases, reflecting higher user spending power. Meanwhile, in Africa, non-government organizations (NGOs) and government programs to address preventable blindness encourage the use of vision care solutions. In this region, people adopt affordable vision correction solutions and benefit from mobile clinics that can deliver eye care services to remote areas.

Top Companies Leading in the Vision Care Industry

Some of the leading vision care market companies include Johnson & Johnson Services, Inc., CooperVision, Inc. (Cooper Companies, Inc.), Bausch Health Companies, Inc., Essilor International, Novartis International AG, among many others. In May 2024, Johnson & Johnson announced the debut of its pioneering ‘EYE-RD Global Registry’, intending to fill knowledge voids for inherited retinal disorders. It aims to enhance the accessibility of clinical information regarding inherited retinal diseases (IRDs) for patients, providers, payers, and researchers.

Global Vision Care Market Segmentation Coverage

• On the basis of the product type, the market has been categorized into glass lenses, contact lenses, intraocular lenses, contact solutions, LASIK equipment, and artificial tears, wherein glass lenses represent the leading segment. They hold importance due to their superior optical clarity and scratch resistance. These lenses provide excellent visual quality, making them a preferred choice for individuals seeking optimal vision correction. They also offer a high level of durability, which makes them long-lasting compared to other materials. They are ideal for users who prioritize transparency and longevity. They are preferred, as they can maintain form over time.
• Based on the distribution channel, the market has been classified into retail stores, online stores, clinics, and hospitals. Among these, retail stores dominate the market, as they provide widespread accessibility and convenience. People choose to visit retail outlets, including optical stores and pharmacies to find a variety of vision care products, such as eyeglasses, contact lenses, and lens care solutions. The physical presence of products allows users to try on eyewear, receive professional advice, and make informed choices. Additionally, retail stores offer personalized services, such as eye exams, which encourage frequent visits.

Browse IMARC Related Reports on Vision Care Market:

• North America Vision Care Market Report