Vision Care Market Size to Surpass USD 169.38 Billion by 2032, Driven by Rising Vision Disorders | Coherent Market Insights

Burlingame, CA, Jan. 16, 2026 (GLOBE NEWSWIRE) -- The Global Vision Care Market is estimated to be valued at USD 104.11 Bn in 2025 and is expected to reach USD 169.38 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032. This strong growth is driven by rising demand for advanced vision correction solutions and increasing awareness of eye health across both developed and emerging markets, supported by global population growth and continuous advancements in optical technologies.

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Global Vision Care Market Key Takeaways

Prescription eyeglasses remain the top-selling product in the market, contributing 41.2% share in 2025.

Based on indication, refractive errors (myopia, hyperopia, etc.) segment accounted for 32.3% of the global vision care market share in 2025.

The corrective vision care segment is set to lead the market with a share of 43.5% in 2025.

North America is expected to maintain its dominance over the global vision care industry, accounting for a share of 42.3% in 2025.

Asia Pacific, with an estimated share of 24.5% in 2025, is anticipated to become the most lucrative market for vision care product manufacturers during the forecast period.

Rising Prevalence of Vision Disorders Spurring Market Growth

Coherent Market Insights’ latest vision care market analysis highlights prominent factors driving market growth. Increasing incidence of vision impairments, growing emphasis on eye care, rising geriatric population, and increasing screen time due to increased usage of digital devices are some of the major vision care market growth factors.

Vision problems such as myopia, hyperopia, astigmatism, and presbyopia are becoming more common around the world. According to the World Health Organization (WHO), around 2.2 billion people globally have near or distance vision impairment. This drives demand for vision care products like corrective glasses, contact lenses, intraocular lenses, and eye care solutions.

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High Costs and Counterfeit Eye Care Products Hampering Market Growth

The global vision care market outlook indicates steady future growth, owing to growing prevalence of vision-related problems and growing need for corrective eyewear, contact lenses, advanced ophthalmic devices, vision correction treatments, and preventive eye care solutions. However, high costs and the penetration of counterfeit products might slow down market growth to some extent during the forecast period.

Advanced vision care products and treatments such as premium intraocular lenses, advanced contact lenses, and LASIK are quite expensive. This limits adoption and reduces the addressable customer base, dampening overall vision care market demand. In addition, penetration of counterfeit contact lenses and glasses also poses safety risks, undermining consumer trust and growth.

Growing Awareness of Eye Health Unlocking Revenue Streams for Vision Care Companies

Modern consumers are becoming more aware of the importance of eye health and getting vision problems treated on time. Because of this, people are spending more on vision correction products like spectacle lenses, which is creating revenue-generation opportunities for manufacturers of vision care products like prescriptive eyeglasses, contact lenses, and eye drops.

At the same time, governments and healthcare organizations around the world are running programs and awareness campaigns to encourage regular eye checkups and preventive eye care. This trend is expected to drive demand for vision care products during the forecast period.

Emerging Vision Care Market Trends

Personalization trend is gaining traction in the vision care market, creating lucrative growth opportunities for eyeglass and lens manufacturers. Consumers in the contemporary world are looking for eyewear that expresses their individuality. This is fueling demand for customizable vision care products like frames and lenses.

Prevalence of computer vision syndrome (CVS) or digital eye strain is increasing rapidly due to rising screen time on virtual devices. This, in turn, is creating strong demand for specialized vision solutions like blue-light blocking lenses that reduce the negative outcomes of extended display times.

Increasing geriatric population is expected to boost sales of vision care products during the forecast period. This is because elderly demographic is more prone to age-related eye conditions such as cataracts, glaucoma, and macular degeneration, creating demand for vision care products and surgical interventions.

Retail expansion, online sales (e-commerce), and tele-optometry are improving accessibility to vision care solutions, especially in emerging markets. Thus, vision care product sales through these offline and online platforms will likely support market expansion in the coming years.

Innovations in lens materials, advanced contact lenses, smart eyewear, and AI-assisted diagnostics are improving comfort, functionality, and care outcomes. Many eye care companies, labs, and medical centers are starting to use AI. For example, Vision Rx Lab recently brought AI-powered vision care to the UAE by launching its Nova AI lenses.

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Analyst’s View

“The global vision care market is expected to grow steadily during the forecast period, driven by the rising prevalence of refractive errors, increasing screen time, and growing awareness regarding regular eye examinations,” said a senior CMI analyst. “Advancements in lens technology, expanding access to vision correction solutions, and integration of digital eye-care services are enabling manufacturers and service providers to tap into emerging growth opportunities.”

Current Events and Their Impact on the Vision Care Market

Competitor Insights

Key companies in vision care market report:

• Johnson and Johnson Vision Care
• EssilorLuxottica
• Alcon
• CooperVision
• Hoya Corporation
• Bausch + Lomb
• Carl Zeiss Vision
• Topcon Corporation
• Zeiss Meditec AG
• Nidek Co Ltd
• STAAR Surgical Company
• Haag-Streit Group
• Rayner Surgical Group
• Novartis AG
• Menicon Co Ltd
  

Key Developments

In July 2025, LENZ Therapeutics, Inc. received the U.S. FDA approval of VIZZ for the treatment of presbyopia. VIZZ is the first and only aceclidine-based eye drop approved to improve near vision in adults with presbyopia.

In June 2025, Johnson & Johnson launched the new TECNIS Odyssey next-generation intraocular lens in Europe. This lens helps people with presbyopia see clearly at near, intermediate, and far distances.

In April 2025, EssilorLuxottica introduced the Varilux Physio® Extensee™ lens. It uses a dynamic pupil model to deliver sharper vision and better contrast in different lighting conditions.

Market Segmentation

By Product Type: Prescription Eyeglasses (Frames, Lenses (Single-Vision Lenses, Progressive Lenses, Bifocal Lenses, Trifocal Lenses)), Contact Lenses (Soft Contact Lenses, Rigid Gas Permeable (RGP) Lenses, Hybrid Lenses, Daily Disposable Lenses, Weekly / Monthly Replacement Lenses, Toric Lenses, Multifocal Contact Lenses, Sunglasses, Prescription Sunglasses, Non-Prescription Sunglasses, Intraocular Lenses (IOLs), Monofocal IOLs, Multifocal IOLs, Toric IOLs, Accommodating IOLs, Diagnostic and Surgical Devices, Retinal Imaging Systems, Ophthalmic Optical Coherence Tomography (OCT), Autorefractors, Slit Lamps, Fundus Cameras, Refractive Surgery Lasers, Eye Care Solutions and Pharmaceuticals, Artificial Tears, Eye Drops (Anti-Allergy, Lubricating, Anti-Inflammatory, Antibiotic), Contact Lens Care Solutions (Cleaning, Disinfecting, Rewetting)

By Indication: Refractive Errors (Myopia, Hyperopia, etc.), Cataract, Glaucoma, Age-Related Macular Degeneration (AMD), Diabetic Retinopathy, Dry Eye Disease, Allergic Conjunctivitis, Infectious Conditions, Pediatric Vision Disorders, and Post-Surgical Vision Management

By Usage Pattern: Corrective Vision Care, Preventive and Protective Vision Care, and Cosmetic and Aesthetic Vision Care

By Age Group: Adult, Pediatric, and Geriatric

By Technology: Conventional Lenses and Frames, Digital/Free-Form Lens Technology, Smart/Connected Eyewear, Advanced Surgical Technologies, and AI-Enabled Diagnostic and Screening Tools

By Sales Channel: Online and Offline

By End User: Hospitals, Ophthalmology Clinics and Eye Hospitals, Optometry Clinics, Optical Retail Chains, Independent Optical Stores, Ambulatory Surgical Centers, and Home-Use/Consumer Segment 

Related Reports:
Intraocular Lens Market Size, Share & Trend Analysis Report for 2025-2032
Contact Lens Market Size, Share, Trends & Opportunities for 2025-2032
Prescription Lenses Market Outlook for 2025-2032

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