Vision Care Market

By Product Type;

Contact Lens, Eye Glasses, Intraocular Lens and Others

By Application;

Glaucoma, Amblyopia, Diabetic Retinopathy and Dry Eyes

By End Use;

Hospitals, Eye Clinics and Ambulatory Surgical Centers (ASCs)

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn613413807 Published Date: September, 2025 Updated Date: October, 2025

Vision Care Market Overview

Vision Care Market (USD Million)

Vision Care Market was valued at USD 68,573.59 million in the year 2024. The size of this market is expected to increase to USD 90,238.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Vision Care Market

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 68,573.59 Million
Market Size (2031)USD 90,238.16 Million
Market ConcentrationHigh
Report Pages365
68,573.59
2024
90,238.16
2031

Major Players

  • ESSILORLUXOTTICA (France)
  • Bausch Health [Canada] (Bausch & Lomb Incorporated)
  • The Cooper Companies, Inc [US] (Cooper Vision)
  • NOVARTIS AG (Switzerland)
  • Cadila Healthcare [India] (Zydus Pharmaceuticals, Inc.)
  • Johnson & Johnson Services, Inc. (US)
  • Rayner Surgical Group Limited [UK] (Rayner Intraocular Lenses Limited)
  • Menicon (Japan)
  • Carl-Zeiss-Stiftung [Germany] (Carl Zeiss)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Vision Care Market

Fragmented - Highly competitive market without dominant players


The vision care industry is witnessing a surge in demand driven by increasing instances of refractive disorders such as myopia, hyperopia, and presbyopia. More than 60% of the population reportedly requires vision correction, highlighting the vital role of accessible and high-quality eye care.

Technology-Driven Innovations in Vision Care
Emerging technological advancements such as AI-powered diagnostics and custom lens design are reshaping the landscape of vision care. These innovations have achieved an adoption rate of approximately 30%, significantly improving both accuracy and efficiency in treatment delivery. Such tools are also enhancing the consumer experience by offering more personalized and streamlined solutions.

Impact of Lifestyle Changes on Eye Health
Shifts in lifestyle particularly increased use of digital devices are accelerating the incidence of digital eye strain. Studies reveal that more than 70% of office workers suffer from device-related eye discomfort, prompting higher demand for blue-light filtering lenses and similar protective eye care products. These solutions are essential in promoting long-term eye wellness amid modern digital routines.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Treatment
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Indication
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Vision Care Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Aging Population
        3. Increased Screen Time
      2. Restraints
        1. High Costs
        2. Limited Access in Developing Regions
        3. Regulatory Hurdles
      3. Opportunities
        1. Emerging Markets
        2. Telemedicine Integration
        3. Personalized Care

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Vision Care Market, By Treatment, 2021 - 2031 (USD Million)
      1. Surgery
        1. Cataract Surgery
        2. Vision Correction Procedures
        3. Lasik Surgery
        4. Implantable Contact Lens (ICL) Surgery
        5. Others
      2. Cornea Transplant
        1. Laser Therapy
        2. Medication
          1. Acetazolamide
          2. Acetylcysteine
          3. Gentamicin
          4. Others
    2. Vision Care Market, By Product Type, 2021 - 2031 (USD Million)
      1. Contact Lens
      2. Eyeglasses
      3. Intraocular Lens
      4. Contact Lens Solutions
      5. Others
    3. Vision Care Market, By Indication, 2021 - 2031 (USD Million)
      1. Refractive error
      2. Glaucoma
      3. Diabetic Retinopathy
      4. Amblyopia
      5. Dry Eyes
      6. Others.
    4. Vision Care Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Retail Store
      2. Online Store
    5. Vision Care Market, By End User, 2021 - 2031 (USD Million)
      1. Eye Hospitals & Clinics
      2. Ambulatory Surgery Center
      3. Optical Stores
      4. Others.
    6. Vision Care Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Alcon
      2. EssilorLuxottica
      3. Johnson & Johnson Vision
      4. Bausch & Lomb
      5. CooperVision
      6. Carl Zeiss
      7. HOYA
      8. Novartis
      9. GrandVision
      10. Rayner
      11. Menicon
      12. Luxottica
      13. Cadila Healthcare
      14. STAAR Surgical
      15. Essilor
    2. Analyst Views
    3. Future Outlook of the Market