Eye Care Market is expected to Grow with a CAGR of 6.07% through 2030F
Increasing aging population with an increased risk of
age-related eye conditions and technological advancements in vision correction
and diagnostic devices is expected to drive the Global Eye Care Market growth
in the forecast period, 2026-2030
According to TechSci Research report, “Eye Care Market –
Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F”, the Global Eye Care Market stood at USD 67.71 billion
in 2024 and is anticipated to grow with a CAGR of 6.07% in the forecast period. The key driver of market growth is the rising prevalence of
sedentary lifestyles, expanding geriatric population, escalating pollution
levels, and the growing number of individuals working on desktop computers.
The global eye care market has been experiencing steady
growth in recent years, fueled by factors such as an aging population, the
growing prevalence of eye diseases like cataracts and glaucoma, and an
increasing demand for corrective eyewear.
The primary driver of market growth is the increasingly sedentary lifestyles, growing geriatric population, rising pollution levels, and the increase in the number of people working on desktops. Visual acuity plays a crucial role in everyday activities such as reading, writing, and seeing. It also affects an individual's ability to work and communicate effectively. However, there has been a significant rise in the number of people with visual impairments like cataracts, glaucoma, conjunctivitis, and retinal detachment. These conditions can be attributed to sedentary lifestyles, the aging population, and escalating pollution levels. Consequently, the global market for various eye remedies in the form of pills, ointments, and drops is witnessing substantial growth.
The eye care market has been consistently growing due to the increasing geriatric population worldwide. The growing prevalence of age-related muscular degeneration, cataracts, and glaucoma among the elderly is contributing to the expansion of the eye care market. The cataracts are one of the most common eye disorders, particularly among older individuals who are more susceptible to eye diseases. Non-deferrable surgeries are required to prevent blindness in individuals around the age of 80 with cataracts.
Unhealthy dietary habits and the rising incidence of chronic diseases can lead to visual impairment and partial or total vision loss. Consequently, there is a rising demand for eye care products worldwide. Many international organizations are focusing on research and development projects to introduce more efficient products. We also offer multiple product variations with improved quality and service to expand our customer base. The thriving e-commerce sector and increased awareness of UV-related visual impairment are driving market growth. Key players in the industry are dedicated to leveraging advanced technology to prevent visual impairment. New therapies such as gene therapy, computer-assisted ophthalmology, and stem cell therapy are contributing to the growth of the Eye care Market.
The surging volume of patients suffering from chronic diseases leading to vision ailments, the increasing prevalence of the geriatric population, rising demand for eye care products, improper nutrition intake and unhealthy eating habits, growth of the e-commerce sector, along with the availability of several products with improved quality and services, are some of the major factors that are expected to accelerate the growth of the eye care market. On the other hand, technological advancements in eye care devices, increased number of therapy approvals, and the rise in diabetes cases among various population groups are generating immense opportunities for the growth of the eye care market. However, issues related to contact lenses, lack of awareness among people regarding the benefits of eye care products and services in developing economies, and the high cost of treatment pose challenges to the growth of the market.
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The Global Eye Care Market is segmented into product
type, eye drops, coating, lens material, distribution channel, regional
distribution, and company.
Based on eye drops, Prescription are emerging as the fastest-growing segment in the Eye Care Market, driven by the rising prevalence of vision-related disorders and the increasing demand for customized corrective solutions. This surge includes a broad range of prescription items such as medicated eye drops, eyeglasses, and contact lenses—each tailored to treat conditions like myopia, hyperopia, astigmatism, glaucoma, and dry eye disease. With screen time at an all-time high, aging populations expanding globally, and awareness around eye health deepening, more individuals are turning to professional diagnoses and bespoke treatments. This growing trend is further accelerated by advancements in diagnostic technologies and the expansion of ophthalmic care services, making access to specialized vision assessments and tailored therapies more seamless than ever.
Based on region, Asia-Pacific is the fastest-growing region
in the global eye care market due to several key factors. The region has a
large and rapidly aging population, leading to a higher prevalence of
vision-related conditions such as cataracts, glaucoma, and presbyopia. Rising
awareness about eye health, coupled with increasing access to eye care services
in emerging economies like India, China, and Southeast Asian countries, is
driving demand. The growing middle class and expanding healthcare infrastructure
are enabling more people to afford prescription eyewear, surgeries, and
advanced treatments. Government initiatives and investments in public health
programs aimed at preventing blindness and improving vision care have further
supported market growth. The region’s high digital device usage is contributing
to a surge in cases of digital eye strain and myopia among younger populations,
accelerating the need for eye care products. These combined factors are fueling
strong growth and innovation in the Asia-Pacific eye care market.
Major companies operating in Global Eye
Care Market are:
· Bausch
Health Companies Inc.
· The
Cooper Companies Inc.
· Novartis
AG
· Johnson
& Johnson
· Carl
Zeiss Meditec AG
· Alcon,
Inc.
· Safilo
Group S.p.A.
· GrandVision
N.V.
· Menicon
Co., Ltd.
· Topcon
Corporation
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“The global eye care market is experiencing steady growth,
driven by the rising prevalence of vision disorders such as myopia, cataracts,
glaucoma, and age-related macular degeneration. An aging global population,
coupled with increased screen time and lifestyle changes, has significantly
raised the demand for eye care products and services. Advancements in
diagnostic technologies, surgical procedures, and innovative treatments are
enhancing patient outcomes and expanding market opportunities. The growing awareness
about eye health and increased accessibility to care in emerging economies are
further contributing to market expansion. The trend toward early detection and
personalized treatment continues to shape the future of eye care” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Eye Care Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Eyeglasses, Eye Drops, Contact Lens, Intraocular Lens, Eye Vitamins, Others), By Eye Drops (Prescription and Over The Counter), By Coating (Anti-Glare, UV Coating, Others), By Lens Material (Polycarbonate, Normal Glass, Trivex, Others), By Distribution Channel (Retail Stores, E-commerce, Clinics, Hospitals), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of
Global Eye Care Market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Eye Care
Market.
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