The global market for vision care is forecasted to attain USD 103.7 billion by 2025, expanding at 7.1% CAGR to reach USD 206.3 billion by 2035.

Metric	Value
Industry Size (2025E)	USD 103.7 billion
Industry Value (2035F)	USD 206.3 billion
CAGR (2025 to 2035)	7.1%

Country Wise Analysis

Country	CAGR (2025 to 2035)
United States	7.5%

Country	CAGR (2025 to 2035)
Germany	7.7%

Country	CAGR (2025 to 2035)
China	7.1%

Country	CAGR (2025 to 2035)
India	9.4%

Country	CAGR (2025 to 2035)
Brazil	6.7%

This statistic depicts the total value of the vision care market in the United States from 2011 to 2021. In 2021, the U.S. vision care market's value was about 38 billion U.S. dollars, the highest total over the displayed time period.

This statistic shows the OTC (over-the-counter) revenue of eye care in the United States from 2017 to 2023. In 2023, OTC revenue of eye care products in the United States reached around 1.74 billion U.S. dollars.

The Veterinary Eye Care Market Report is Segmented by Type (Eye Care Products and Eye Care Services), Indication (Ocular Surface Disorders, Glaucoma, Cataract, Infectious Diseases, and Other Indications), Application (Dog, Cat, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (in USD) for the Above Segments.

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Optometry Equipment Market Size 2024-2028

The optometry equipment market size is forecast to increase by USD 1.68 billion at a CAGR of 6.6% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. The increasing prevalence of ophthalmic diseases, such as cataracts, glaucoma, and diabetic retinopathy, is driving market demand. Furthermore, companies are focusing on expanding their presence in emerging markets to capitalize on untapped opportunities. However, the shortage of skilled ophthalmologists poses a challenge to market growth. To address this issue, there is a growing trend toward the use of advanced optometry equipment that can diagnose and treat various eye conditions with minimal intervention from medical professionals. This not only improves patient outcomes but also increases access to eye care services in regions with a shortage of ophthalmologists. Overall, the market is expected to witness strong growth in the coming years due to these factors and the continued innovation in eye care technology.

What will be the Size of the Optometry Equipment Market During the Forecast Period?

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The market is experiencing significant growth due to the increasing prevalence of eye illnesses and disorders among the aging population. With an estimated 285 million people worldwide living with vision loss, eye diseases such as cataracts, glaucoma, age-related macular degeneration, and open-angle glaucoma have become major public health issues. Diagnostic tests and ophthalmic diagnostic technologies play a crucial role in detecting and managing these conditions, enabling early intervention and prevention of further vision loss.
Furthermore, the visual system, including the retina, cornea, and scotoma, are key areas of focus for optometrists and eye clinics. As healthcare expenses continue to rise, there is a growing demand for advanced and cost-effective solutions to address the needs of patients with various eye deformities and visual impairments. The market is expected to continue its growth trajectory, driven by technological advancements and increasing awareness of the importance of early detection and treatment of eye diseases.

How is this Optometry Equipment Industry segmented and which is the largest segment?

The optometry equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Clinics
  Hospitals


Type

  Retina and glaucoma examination products
  General examination
  Cornea and cataract examination products


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  Asia

    China


  Rest of World (ROW)

By End-user Insights

The clinics segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the increasing prevalence of eye illnesses and disorders among the aging population, leading to vision loss. This public health issue necessitates regular eye examinations to diagnose and treat conditions such as cataracts, glaucoma, age-related macular degeneration, and diabetic retinopathy, which are common in this demographic. Eye clinics and hospitals are the major end-users of optometry equipment due to the high volume of diagnostic tests and ophthalmology procedures performed. Commonly used equipment includes autorefractors/retinoscopes, ophthalmoscopes, tonometry devices, operating microscopes, and phaco machines.

Additionally, these tools enable ophthalmologists to evaluate visual acuity, screen for ocular diseases, and provide necessary therapies and surgeries. Conditions like open-angle glaucoma, retina disorders, scotoma, and visual system deformities are frequently diagnosed and treated using advanced diagnostic technologies. Virtual care practices are also gaining popularity, offering remote consultations and examinations to enhance accessibility and reduce healthcare expenses.

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The clinics segment was valued at USD 2.30 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 38% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is experiencing significant growth due to increasing healthcare expenditures on eye diseases, product approvals, and advanced technology adoption. The region's major contributors to market revenue are

This statistic displays a forecast of the market size of the vision care mass retailers located in the United States from 2015 to 2021. In 2016, the market size of mass retailers was about 12 billion U.S. dollars. The vision care industry is comprised of both services and sale of corrective eye glasses and lenses.

North America Eye Care Medical Devices Market size will be USD 2850.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 3922.1 Million by 2031. Advanced healthcare infrastructure and high adoption of cutting-edge technologies drive market growth.

North America Eye Care Market was valued at USD 24.85 billion in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 6.50% through 2030.

Pages	120
Market Size	2024: USD 24.85 Billion
Forecast Market Size	2030: USD 35.97 Billion
CAGR	2025-2030: 6.50%
Fastest Growing Segment	E-commerce
Largest Market	United States
Key Players	1. Luxottica Retail North America Inc. 2. Bausch Health Companies, Inc. 3. Johnson & Johnson Vision Care, Inc. 4. Alcon Laboratories, Inc. 5. Hoya Vision Care North America 6. CopperVision Inc. 7. Menicon America, Inc. 8. AbbVie Inc. 9. Carl Zeiss Meditec AG. 10. F. Hoffmann-La Roche AG: Genentech, Inc

The Report Covers Optometry Equipment Market Forecast and it is segmented by Type of Examination (Retina Examination, Cornea Examination, and General Examination), End User (Eye Clinic, Hospitals, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market provides the value (in USD million) for the above segments.

This statistic displays the share of primary eye care providers among patients and revenues from the industry in the United States as of 2013. During this year, independent optometrists accounted for about 53 percent of the nation's patient share. The vision care industry is comprised of both services and sale of corrective eye glasses and lenses. In 2013, the industry generated some 36 billion U.S. dollars.

Market Overview The global eye care market is projected to reach $74.67 billion by 2023, growing at a CAGR of 6.72%. This growth is primarily driven by the rising prevalence of eye diseases, such as cataracts, glaucoma, and macular degeneration, due to aging populations. Additionally, technological advancements in eye care, such as the development of intraocular lenses and laser eye surgeries, further stimulate market expansion. North America and Europe are the largest markets for eye care products, accounting for around 60% of global revenue. Trends and Restraints Key trends in the eye care market include the increasing use of over-the-counter (OTC) eye care products, such as eye drops and contact lenses. The rising popularity of e-commerce channels and telehealth services is also driving market growth. However, factors such as stringent regulations and the high cost of eye care procedures can act as restraints on market expansion. Furthermore, the COVID-19 pandemic disrupted elective surgeries and routine eye exams, impacting market growth in the short term. The global eye care market size was valued at USD 362.7 billion in 2022 and is projected to grow to USD 566.7 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period. The market is driven by the increasing prevalence of eye diseases, rising awareness of eye health, and advancements in ophthalmic technologies. Contact lenses and intraocular lenses account for a significant share of the market due to their widespread use in vision correction and cataract surgeries. Recent developments include: In December 2023,Carl Zeiss Meditec AG acquired the Dutch Ophthalmic Research Center for USD 1,052 million. This acquisition is expected to enhance ZEISS Medical Technology’s broad ophthalmic portfolio. , In July 2023, Bausch + Lomb expanded its OTC product line by acquiring the Blink Eye Drops product line from Johnson & Johnson Vision for USD 106.5 million. This acquisition aligns with Bausch + Lomb's strategy to enhance consumer convenience in eye care, catering to the growing demand for dry eye relief. The Blink portfolio includes a range of eye and contact lens drops designed to provide immediate and lasting symptom relief, addressing a significant unmet need in the market. , In July 2023, Alkem Laboratories, an Indian pharmaceutical company, ventured into the ophthalmology market with the launch of a range of eye care products, marking its first foray into this field. , In April 2022, Sandoz launched a brimonidine tartrate/timolol maleate eyedrop in the U.S. for patients with ocular hypertension. This move expands Sandoz's leading ophthalmic portfolio, offering a cost-effective solution for lowering eye pressure. .

According to Cognitive Market Research, the global Eye Care Medical Devices Market size will be USD 7125.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2850.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2137.68 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1638.89 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 356.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 142.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Vision Care Products segment held the highest Eye Care Medical Devices Market revenue share.

Market Dynamics of Eye Care Medical Devices Market

Key Drivers for Eye Care Medical Devices Market

Increased prevalence of chronic diseases like diabetes leading to eye complications.

The global population is aging rapidly, leading to a growing number of elderly individuals who are at a higher risk for various eye conditions. Age-related disorders such as cataracts, glaucoma, and macular degeneration are prevalent among the elderly, driving demand for eye care medical devices. As the geriatric population expands, there is a heightened need for effective diagnostic, surgical, and vision care solutions tailored to age-related issues. This demographic shift is propelling market growth by increasing the demand for specialized eye care products and services designed to improve and maintain the quality of vision in older adults.

Increasing geriatric population with higher risk of eye conditions.

The rising number of routine gynecological examinations is a key driver in the growth of the Eye Care Medical Devices Market. As awareness about women's health issues increases, more women are seeking regular check-ups, including pelvic exams, to monitor their reTypeive health. This trend is fueled by healthcare campaigns, educational initiatives, and an increased emphasis on early detection of gynecological conditions. Routine exams are critical for diagnosing conditions such as cervical cancer, infections, and other reTypeive health issues. As the frequency of these examinations grows, so does the demand for Eye Care Medical Devicess, which are essential tools for these procedures, driving market expansion globally.

Restraint Factor for the Eye Care Medical Devices Market

Shortage of trained eye care professionals in developing regions

The shortage of trained eye care professionals in developing regions is a significant challenge affecting the eye care medical devices market. In many low- and middle-income countries, there is a lack of qualified ophthalmologists, optometrists, and other eye care specialists, which limits access to essential eye care services. This shortage results in inadequate diagnosis and treatment of eye conditions, contributing to higher rates of preventable vision loss and eye disease. The scarcity of trained professionals also impacts the effective utilization of advanced eye care technologies and devices. Addressing this issue requires investment in education and training programs, along with initiatives to increase the availability and accessibility of eye care services in underserved areas.

Impact of Covid-19 on the Eye Care Medical Devices Market

The COVID-19 pandemic significantly impacted the Eye Care Medical Devices market, causing disruptions in both supply and demand. Lockdowns and social distancing measures led to the postponement or cancellation of elective eye procedures and routine eye care visits, resulting in decreased demand for certain eye care devices. Disruptions in global supply chains affected the production and distribution of medical devices, causing delays and shortages. Conversely, the pandemic accelerated the adoption of telemedicine, including remote eye consultations and diagnostics, in...

According to Cognitive Market Research, the global Ophthalmology market size is USD 55152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 22060.88million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 16545.66million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 12685.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 2757.61million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 1103.04million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
The hospitals held the highest Ophthalmology market revenue share in 2024.

Market Dynamics of Ophthalmology Market

Key Drivers of Ophthalmology Market

Rising Incidence of Eye Disorders to Increase the Demand Globally

The increasing prevalence of eye disorders such as cataracts, glaucoma, macular degeneration, and diabetic retinopathy is a significant driver in the ophthalmology market. Factors such as aging populations, unhealthy lifestyles, and the rising prevalence of chronic diseases like diabetes contribute to the growing burden of eye diseases worldwide. As a result, there is a higher demand for ophthalmic treatments, diagnostics, and surgical procedures. This trend is particularly pronounced in emerging economies where access to eye care services may be limited, leading to a surge in demand for ophthalmic products and services.

Technological Advancements in Ophthalmic Devices to Propel Market Growth

Technological advancements in ophthalmic devices have revolutionized the diagnosis, treatment, and management of eye diseases, driving growth in the ophthalmology market. Innovations such as optical coherence tomography (OCT), femtosecond lasers for cataract surgery, and minimally invasive glaucoma surgeries (MIGS) have enhanced the precision, safety, and effectiveness of ophthalmic procedures. These advancements not only improve patient outcomes but also enable ophthalmologists to offer more advanced and efficient treatments. Moreover, the increasing adoption of teleophthalmology and artificial intelligence (AI) in ophthalmic diagnostics further contributes to market growth by improving access to eye care services and enhancing diagnostic accuracy.

Restraint Factors of Ophthalmology Market

High Cost of Ophthalmic Treatments to Limit the Sales

One of the key restraints in the ophthalmology market is the high cost associated with ophthalmic treatments and procedures. Advanced ophthalmic surgeries, such as laser-assisted cataract surgery or retinal detachment repair, can be expensive, making them inaccessible to a significant portion of the population, especially in developing countries where healthcare infrastructure may be lacking. Additionally, the cost of ophthalmic medications, including eye drops for glaucoma or anti-VEGF injections for macular degeneration, can pose a financial burden on patients, particularly those without adequate insurance coverage. The high out-of-pocket expenses for ophthalmic care may deter patients from seeking timely treatment, leading to delayed diagnosis and progression of eye diseases.

Impact of Covid-19 on the Ophthalmology market

The Covid-19 pandemic has had a significant impact on the ophthalmology market worldwide. With healthcare systems overwhelmed by the pandemic, non-urgent ophthalmic procedures and appointments were postponed or canceled, leading to a decline in patient visits to ophthalmologists and eye clinics. Additionally, the implementation of social distancing measures and lockdowns resulted in reduced foot traffic in optical retail stores, affecting the sales of eyewear products. Moreover, the economic downturn caused by the pandemic led to financial constraints for both patients and healthcare facilities, further dampening demand for ophthalmic products and services. However, with the gradual easing of restriction...

The report on North America Eye Care Surgical covers a summarized study of several factors supporting market growth, such as market size, market type, major regions, and end-user applications. The report enables customers to recognize key drivers that influence and govern the market.

The report on North America Children's Eye Care Products covers a summarized study of several factors supporting market growth, such as market size, market type, major regions, and end-user applications. The report enables customers to recognize key drivers that influence and govern the market.

This statistic depicts the share of the vision care market in the United States in 2017, by sector. In that year, only 0.8 percent of the total independent vision care retail in the United States was comprised of sunglasses sales.

Contact lenses offer convenience and improved vision, while eyeglasses are preferred for fashion and affordability. Intraocular lenses are gaining popularity for cataract correction. Contact lens solutions include disinfectants, lubricants, and cleaning agents. Recent developments include: In August 2019, CooperVision launched a soft contact lens recycling program in partnership with TerraCycle to increase its sustainability efforts., In August 2019, the United States Food and Drug Administration (U.S FDA) approved CooperVision's Paragon contact lens manufacturing site in Phoenix, U.S., In April 2021, Johnson & Johnson Vision, a global leader in eye health and part of the Johnson & Johnson Medical Devices Companies, announced a global strategic collaboration with Menicon, a leading manufacturer of innovative contact lenses. The collaboration is part of a broader commitment from Johnson & Johnson Vision to lead with science and help reshape the future of myopia – and bring forward a novel portfolio of products and services to manage the progression of myopia in children.. Notable trends are: Rising Sedentary Lifestyle to boost market growth.

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Phoropters Market Size 2024-2028

The phoropters market size is forecast to increase by USD 133.8 million, at a CAGR of 5.6% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. The aging population in the US continues to expand, leading to an increased prevalence of eye health issues and the need for advanced refraction systems to address conditions such as hyperopia and visual impairment. Additionally, the trend towards elective surgery and automated devices is driving demand for more precise and efficient ophthalmic care. Technological advancements, including electronic health records and sophisticated diagnostic tools, are also contributing to the market's growth. However, challenges remain, such as the lack of reimbursement policies for some phoropter technologies, which may hinder market expansion. Overall, the market is poised for continued growth as it plays a crucial role in addressing the vision care needs of an aging population and advancing ophthalmic care through technological innovations.

What will be the Size of the Market During the Forecast Period?

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The eye care market is a significant sector within the healthcare industry, focusing on the diagnosis, treatment, and management of various eye conditions. This market caters to a diverse range of needs, from common vision issues like digital eye strain to complex eye diseases and surgeries. One of the primary trends in the eye care sector is the increasing emphasis on accessibility. Teleophthalmology and remote eye care services have gained popularity, enabling patients to access essential eye exams and consultations from the comfort of their homes. This not only improves convenience but also helps reach populations in remote areas with limited access to specialized eye care services. Another crucial aspect of the eye care market is the advancement of technology. Innovations such as electronic refraction systems, myopia control solutions, and vision therapy techniques have revolutionized the way eye exams are conducted and eye conditions are managed. These technologies offer more accurate diagnoses, personalized treatment plans, and improved patient outcomes. Affordability is another key concern in the eye care market.
With the rising cost of healthcare and eye care services, there is a growing demand for affordable solutions. Low vision aids, affordable eye care policies, and community resources are some initiatives aimed at making eye care more accessible to a broader population. Eye health awareness is another significant trend in the eye care market. As people become more conscious of their overall health and wellbeing, there is a growing interest in maintaining eye health. This has led to an increase in demand for eye health information, resources, and educational materials. The eye care market also encompasses various sub-sectors, including elective procedures like LASIK and cataract surgery, contact lens fitting, pediatric eye care, and ophthalmic lens materials. Each sub-sector presents unique opportunities and challenges, requiring specialized expertise and resources. Eye care marketing plays a crucial role in raising awareness about various eye conditions and treatments.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Manual
  Digital


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  Asia

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The manual segment is estimated to witness significant growth during the forecast period.

In the realm of ophthalmic devices, manual phoropters continue to play a significant role in the delivery of eye health solutions, particularly for those dealing with eye conditions leading to visual impairment, such as hyperopia. Manual phoropters are a preferred choice for eye care professionals and clinics that value traditional diagnostic tools. Their affordability, simplicity, and dependability make them an attractive option for various clinical settings, especially in economies with budgetary constraints, where access to advanced digital equipment may be limited. These devices enable optometrists to manually control the examination process by adjusting lenses and settings. The integration of automated devices and electronic health records in ophthalmic care has led to technological advancements. However, manual phoropters' cost-effectiveness and ease of use ensure their continued relevance in the ophthalmic care landscape.

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The Veterinary Eye Care Market stands at 4,780.40 billion, expanding rapidly with a CAGR of 5.45%. This growth surge stems from factors such as rising pet ownership, growing awareness of pet health, increasing disposable income of pet owners, technological advancements in veterinary medicine, and government initiatives supporting animal welfare. Veterinary eye care is crucial for ensuring the health and well-being of animals. Specialized veterinarians, known as veterinary ophthalmologists, diagnose and treat a variety of ocular conditions in pets and livestock. From common issues like conjunctivitis to complex diseases such as cataracts or glaucoma, these professionals employ advanced techniques including eye exams, surgery, and medication. Recent developments include: Occuity and Indo Optical partnered in November 2023, granting Indo Optical exclusive distribution rights for Occuity's PM1 Pachymeter product in Spain and Portugal , Zimeta (dipyrone injection) was acquired by Dechra from Elanco® Animal Health in July 2022. With the acquisition, Dechra's portfolio of equine products expanded into non-steroidal anti-inflammatory drugs , The Bausch & Lomb Corporation introduced Project Watson, a line of dog health products, to the U.S. market in October 2022. Using premium and naturally derived ingredients, the new product line is designed to help support dogs' eyes, ears, and general well-being (eye wash, eye wipes, etc.) , Reichert Technologies introduced the Tono-Vera Vet Tonometer with ActiView Positioning System in February 2021. With just one measurement, this innovative new tonometer for the veterinary industry provides fast and accurate animal intraocular pressure (IOP). Rebound tonometer technology, used by Tono-Vera Vet, removes the need for topical anesthetics .

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