Press Release

Eye Care Market 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, 2030”, 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, 20264-2030. 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.

                                                                                             

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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.

 

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 products dominate over Over-the-Counter (OTC) products due to the growing prevalence of vision-related disorders and the increasing need for personalized corrective solutions. Prescription eye care products, including eyeglasses, contact lenses, and medicated eye drops, are tailored to address specific conditions such as myopia, hyperopia, astigmatism, glaucoma, and dry eye disease. With the rise in screen time, aging populations, and growing awareness of eye health, more people are seeking professional diagnoses and tailored treatments, boosting the demand for prescription-based solutions. Advances in diagnostic technologies and ophthalmic care services have made it easier for patients to access vision assessments and customized corrective measures.

Among lens coatings, Anti-Glare (Anti-Reflective) coating holds a dominant position. This coating significantly enhances visual comfort by reducing reflections from screens, headlights, and harsh lighting, which is particularly beneficial in today’s digital age where screen exposure is high. Anti-glare coatings improve both aesthetic appeal and visual clarity, which are important for both prescription eyewear users and professionals who rely on screen time for extended periods.

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 with TechSci Research, a research-based management consulting firm.

Eye Care Market 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, Forecast & Opportunities, 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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