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Key Insights
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Details
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Forecast Period
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2027-2031
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Market Size (2025)
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USD 378.56 Million
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CAGR (2026-2031)
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7.81%
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Fastest Growing Segment
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Contact Lens
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Largest Market
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Southern Vietnam
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Market Size (2031)
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USD 594.41 Million
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Market Overview
The Vietnam Eye Care Market will grow from USD 378.56 Million in 2025 to USD 594.41 Million by 2031 at a 7.81% CAGR. The Vietnam Eye Care Market encompasses a diverse range of products and services aimed at maintaining and improving ocular health, including corrective eyewear, ophthalmic pharmaceuticals, surgical procedures, and diagnostic tools. The market's expansion is fundamentally supported by robust drivers such as an aging population susceptible to age-related eye conditions, increasing public awareness regarding eye health, and significant economic development leading to higher disposable incomes for healthcare expenditure. Furthermore, changing lifestyle patterns, particularly increased digital screen time, contribute to a rising prevalence of refractive errors and digital eye strain.
Regarding industry engagement, according to Hòa Bình Group's report on the event, in 2025, the Vietnam Ophthalmological Society Conference successfully gathered nearly 3,000 delegates, showcasing substantial professional activity and knowledge exchange within the sector. A significant challenge that could impede further market expansion is the unequal access to advanced eye care services, particularly in rural and remote regions where specialized facilities and trained professionals remain limited.
Key Market Drivers
Rising Vision Impairment Drives Eye-Care Demand
The growing burden of vision impairments is a primary driver of the Vietnam Eye Care Market, directly fueling demand across various segments. The increasing prevalence of conditions such as refractive errors, cataracts, and diabetic retinopathy necessitates greater access to diagnostic services, corrective eyewear, and surgical interventions. For example, according to IAPB Vision Atlas, in January 2026, in 'Vision Crisis in Vietnamese Classrooms: Study Reveals Nearly 40% of Students Affected by Refractive Errors', a meta-analysis of over 32,000 Vietnamese schoolchildren indicated that 37.6% have refractive errors, with myopia alone affecting an estimated 6 million children nationwide. This significant demographic of visually impaired individuals, particularly among younger populations, creates a sustained need for comprehensive eye care solutions, from early detection and prevention programs to advanced treatment options.
Technological Advances Expand Treatments and Investment
Advancements in ophthalmic technology also significantly propel market expansion by enhancing diagnostic accuracy and treatment efficacy. The introduction of innovative surgical techniques and sophisticated equipment offers more effective and less invasive procedures, drawing more patients seeking improved outcomes. For instance, according to Vietnam-Russia International Eye Hospital, in May 2025, it performed nearly 50,000 successful ReLEx Smile surgeries. Such technological progress not only expands the scope of treatable conditions but also elevates the overall standard of eye care services, attracting further investment into the sector. Reflecting this growth, according to Vietnam News, in March 2025, Hà Nội will be investing over US$28 million to construct a new public Eye Hospital.
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Key Market Challenges
Rural Access Gaps Impede Vietnam Eye Care Market Growth
The unequal access to advanced eye care services presents a significant impediment to the overall growth of the Vietnam Eye Care Market. This challenge is acutely felt in the nation's rural and remote regions, where the availability of specialized facilities and trained professionals remains considerably limited. Consequently, a substantial portion of the population in these areas faces barriers to obtaining necessary diagnostic, corrective, and surgical eye care. This directly restricts the market penetration and utilization of advanced ophthalmic products, including prescription eyewear, therapeutic pharmaceuticals, and surgical solutions, hindering potential revenue generation across a broad demographic base.
Urban Concentration of Eye Care Resources Limits Rural Access in Vietnam
The concentration of eye care resources in urban centers means that rural populations often suffer from delayed diagnosis and treatment, or simply go without adequate care. According to the Vietnam Ophthalmological Society, as of 2026, there are approximately 1,300 members nationwide. With a majority of these professionals and specialized infrastructure concentrated in urban areas, the vast rural population remains underserved, leading to a suppressed demand for comprehensive eye care services and products in those regions. This disparity limits the market's ability to achieve widespread expansion and fully address the ocular health needs of the entire Vietnamese populace.
Key Market Trends
Digital Transformation Expands Access and Integrated Eye Care
Digital Transformation in Eye Care Delivery is significantly reshaping the Vietnam Eye Care Market by enhancing accessibility and efficiency. This trend involves the increasing adoption of digital tools for patient management, remote consultations, and diagnostics, streamlining healthcare processes and improving patient engagement. The integration of electronic health records, for instance, allows for more comprehensive and integrated patient care. According to Vietnam News, March 2026, electronic health records linked to the VNeID application have been deployed across 34 provinces and cities, covering approximately 30 million digital health records. This digital shift is crucial for extending eye care services, particularly to underserved populations, and improving the overall patient journey through faster access and better data management.
Expansion of Optical Retail and E-Commerce Channels
The Expansion of Organized Optical Retail and E-commerce Channels is another pivotal trend, driven by evolving consumer preferences for convenience, wider product selections, and professional services. This expansion involves the growth of modern optical chains and the increasing prominence of online platforms for purchasing eyewear and related services, which directly influences product accessibility and service quality. E-commerce platforms, in particular, offer a broad array of products and competitive pricing, catering to a digitally savvy consumer base. According to DPS Media, February 2026, the B2C e-commerce market revenue in Vietnam reached approximately 31 billion USD in 2025, maintaining a growth rate of over 25% per year. This growth indicates a strong consumer inclination towards online purchasing, including for eyewear and vision correction solutions, thereby expanding market reach and driving competition among retailers.
Segmental Insights
Key Growth Drivers for Vietnam's Contact Lens Market
The Contact Lens segment is currently the fastest-growing within the Vietnam Eye Care Market, a trend primarily fueled by increasing public awareness of vision care and the rising prevalence of refractive errors such as myopia, particularly among young professionals and students who spend extended periods on digital devices. This growth is further propelled by evolving lifestyle preferences, where contact lenses offer a convenient and aesthetic alternative to traditional eyeglasses. Moreover, ongoing technological advancements, including the development of advanced materials like silicone hydrogel lenses, significantly enhance wearer comfort, oxygen permeability, and overall hygiene. Educational initiatives, often supported by institutions like the Ministry of Health, also contribute to greater adoption by improving public understanding of eye health.
Regional Insights
Southern Vietnam's Eye Care Market Fueled by Infrastructure, Prosperity, and Skilled Workforce
Southern Vietnam dominates the Vietnam Eye Care Market due to its exceptionally developed healthcare infrastructure, notably in Ho Chi Minh City, which features a high concentration of specialized medical centers and prominent institutions such as the Ho Chi Minh City Eye Hospital. This robust infrastructure is complemented by the region's greater economic prosperity and higher disposable incomes, facilitating increased consumer investment in advanced eye care products and diverse treatments. Moreover, the region benefits from a larger urbanized population and a strong talent pool of ophthalmologists and optometrists, supported by leading medical training centers, which collectively drives significant demand and access to comprehensive eye care services.
Recent Developments
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In November 2025, DKSH Business Unit Healthcare, Topcon Healthcare, and Medical Saigon Group formed a strategic tri-party partnership aimed at enhancing eye care standards across Vietnam. This collaboration involved the deployment of advanced medical equipment and technology, including AI-powered solutions for early disease detection. Medical Saigon Group committed to prioritizing Topcon Healthcare's integrated technology ecosystem, featuring advanced diagnostic equipment and state-of-the-art surgical systems, within its extensive hospital and clinic network. DKSH Healthcare supported this initiative by providing precise supply, installation, technical training, and ongoing maintenance, ensuring the effective implementation of these solutions to address Vietnam's increasing eye care needs.
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In October 2025, Roche Pharma Vietnam initiated the "Vietnam Eye Health" partnership through a Memorandum of Understanding signed with the Medical Service Administration under the Ministry of Health, the Vietnam National Eye Hospital, and Ho Chi Minh City Eye Hospital. This collaboration focused on developing a comprehensive management model for patients in Vietnam suffering from diabetic retinopathy and macular edema. These conditions are recognized as significant causes of vision loss among working-age adults. The initiative aligns with national strategies for blindness prevention, aiming to improve diagnostic and treatment protocols for these prevalent diabetic eye diseases.
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In May 2025, the Vietnam-Russia International Eye Hospital made significant strides in adopting advanced ophthalmic techniques to enhance patient care. The hospital implemented a wide range of sophisticated surgical procedures and treatments, including Phakic ICL, Smile, Smile Pro, Femto cataract surgery, Presbyond for presbyopia, and advanced amblyopia treatment. These techniques aim to address various complex eye conditions and improve visual outcomes for a large number of patients in Vietnam. The hospital was recognized for its leadership in performing ReLEx Smile surgery and a high volume of cataract surgeries with multifocal lenses.
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In January 2024, a significant equity investment was successfully finalized in Alina Vision, an eye care provider operating two hospitals in Vietnam. The investment was made by The Fred Hollows Foundation from Australia, Rohto Pharmaceutical from Japan, and TVM Capital Healthcare from Singapore and Dubai. Alina Vision, founded in 2018, focuses on delivering affordable and high-quality eye care services to combat avoidable blindness in the Vietnamese ophthalmology market. This investment is intended to accelerate Alina Vision's growth plans, expand its hospital network, and elevate the overall quality of care provided to patients across the country.
Key Market Players
- Al Zahra Hospital Eye Clinic
- Moorfields Eye Hospital
- Cleveland Clinic Eye Institute
- American Hospital Ophthalmology
- NMC Eye Care
- Magrabi Eye Hospital
- EYE Consultants
- Dubai Eye Hospital
- Burjeel Eye Care
- Medcare Eye Center
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By Product Type
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By Coating
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By Lens Material
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By Distribution Channel
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By Region
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- Eyeglasses
- Contact Lens
- Intraocular Lens
- Eye Drops
- Eye Vitamins
- Others
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- Normal Glass
- Polycarbonate
- Trivex
- Others
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- Retail Stores
- E-Commerce
- Clinics
- Hospitals
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- Northern
- Central
- Southern
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Report Scope:
In this report, the Vietnam Eye Care Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
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Vietnam Eye Care Market, By Product Type:
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Eyeglasses
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Contact Lens
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Intraocular Lens
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Eye Drops
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Eye Vitamins
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Others
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Vietnam Eye Care Market, By Coating:
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Vietnam Eye Care Market, By Lens Material:
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Normal Glass
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Polycarbonate
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Trivex
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Others
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Vietnam Eye Care Market, By Distribution Channel:
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Retail Stores
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E-Commerce
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Clinics
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Hospitals
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Vietnam Eye Care Market, By Region:
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Northern
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Central
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Southern
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Vietnam Eye Care Market.
Available Customizations:
Vietnam Eye Care Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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