Japan Vision Care Market to Grow with a CAGR of 5.64% through 2030
Rising Prevalence of Vision
Disorders and Technological Advancements are expected to
drive the Japan Vision Care Market growth in the forecast period, 2026-2030
According to TechSci Research report, “Japan Vision
Care Market – By Region, Competition, Forecast & Opportunities, 2030F”,
the Japan Vision Care Market stood at USD 4.03 Billion in 2024 and is
anticipated to grow with a CAGR of 5.64% in the forecast period through 2030.
Japan's vision care market is notably influenced by
several key factors driving its growth. The aging population is a primary
driver, as the increasing proportion of elderly individuals leads to a higher
incidence of age-related vision issues such as presbyopia and macular
degeneration. This demographic shift results in a heightened demand for
specialized vision correction and therapeutic solutions tailored to older
adults, who are also more likely to seek comprehensive eye care, further
fueling market expansion.
Advancements in healthcare access and infrastructure
are also crucial to the market's development. The expansion of vision care
clinics, specialized ophthalmic centers, and advanced diagnostic facilities
enhances consumer access to high-quality care. The availability of cutting-edge
technologies and comprehensive services within these facilities supports
increased adoption and growth of vision care solutions.
Economic growth and rising disposable incomes in Japan
contribute significantly to market expansion as well. With improved financial
resources, consumers are more inclined to invest in premium vision care
products and services. This increased spending power drives demand for advanced
and high-quality solutions, further supporting the growth of the vision care
market.
The Japan Vision Care Market is driven by an aging
population, advancements in healthcare infrastructure, and rising economic
affluence. These factors collectively support the demand for specialized and
premium vision care products and services, contributing to a robust and
expanding market.
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The Japan Vision Care Market is segmented into product,
type, indication, treatment, end user, distribution channel, regional
distribution, and company.
Based on its end user, the Optical stores segment has
emerged as the predominant market leader, Optical stores are the primary point
of access for vision care products such as eyeglasses and contact lenses. These
stores cater to a broad consumer base, offering convenience and immediate
availability of vision correction solutions. The widespread presence of optical
stores across urban and rural areas enhances their accessibility, driving
significant consumer traffic and dominating the market.
Optical stores provide a comprehensive range of vision
care products, including prescription eyewear, contact lenses, and
over-the-counter (OTC) products. This extensive product offering attracts a
wide range of customers seeking various vision correction solutions. The
ability to offer both standard and premium products, coupled with additional
services such as eye exams and fittings, reinforces the dominance of optical
stores in the market. The growing consumer preference for convenience and
immediate service further supports the dominance of optical stores. Many
consumers prefer to visit optical stores for their vision care needs due to the
availability of a wide selection of products and the opportunity to receive
personalized recommendations. Additionally, the integration of online and
offline retail strategies by optical stores, such as e-commerce platforms and
in-store pickup options, enhances their market presence. Optical stores often
leverage competitive pricing and promotional offers to attract customers.
Discounts, bundled offers, and loyalty programs are common strategies that
drive sales and increase consumer loyalty. These pricing strategies make
optical stores a preferred choice for many consumers, contributing to their
leading position in the market.
Based on Distribution Channel, the retail stores
segment has emerged as the predominant market leader, Retail stores, including
optical shops and specialized vision care outlets, have a well-established
presence across Japan. These physical locations offer a direct and immediate
way for consumers to access vision care products such as eyeglasses, contact lenses,
and related accessories. The longstanding reputation and physical presence of
retail stores contribute to consumer trust and reliability, reinforcing their
dominant position in the market. Retail stores provide a range of in-store
services that enhance their appeal to consumers. These services include eye
exams, personalized fittings, and professional consultations. The ability to
offer these services directly in-store, coupled with the opportunity for
consumers to try on products and receive expert advice, drives significant foot
traffic and supports the dominance of retail stores.
One of the major advantages of retail stores is the
immediate availability of products. Consumers seeking quick solutions for their
vision care needs prefer the convenience of purchasing products in-store rather
than waiting for online orders. This immediacy in product availability supports
the higher market share of retail stores compared to e-commerce. Retail stores
are highly visible and accessible to consumers in both urban and rural areas.
They are strategically located in shopping districts, malls, and high-traffic
areas, which facilitates easy access and increases consumer visits. This
widespread accessibility contributes to the dominance of retail stores in the
market.
Major companies operating in Japan Vision Care Market
are:
- ICON plc
- Johnson & Johnson Services, Inc
- EssilorLuxottica
- CooperVision Japan Co., Ltd
- Bausch Health Companies Inc
- Safilo Group S.p.A.
- ZEISS International
- SEED Co., Ltd
- Menicon Co., Ltd
- HOYA Corporation
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“The Japan Vision Care Market is a robust and evolving
sector characterized by substantial growth and dynamic trends. Driven by
factors such as an aging population, advancements in technology, and increased
consumer awareness, the market exhibits strong expansion potential. Retail
stores lead as the dominant distribution channel, supported by their
established presence, comprehensive services, and immediate product
availability. While e-commerce and other channels are gaining traction, retail
stores continue to play a pivotal role. The market's future growth is poised to
benefit from ongoing innovations, enhanced healthcare infrastructure, and
rising disposable incomes, positioning it for continued success and development
in the coming years”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Japan Vision Care Market, By Product (Eyeglasses, Contact Lens, Intraocular Lens, Others), By Type (Rx (Prescription), Non-Rx (Non-Prescription), By Indication (Refractive Error, Glaucoma, Diabetic Retinopathy, Amblyopia, Dry Eyes, Others), By Treatment (Surgery, Laser Therapy, Medication, Others), By End User (Eye Hospitals and Clinics, Ambulatory Surgery Center, Optical Stores, Others), By Distribution Channel (Retail Stores, E-Commerce, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of Japan Vision 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 Japan Vision Care Market.
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