openPR Logo
Press release

Prescription Spectacles Market Growth Trajectory 2022-28

09-22-2022 09:36 AM CET | Health & Medicine

Press release from: Precision Business Insights

Prescription Spectacles Market Growth Trajectory 2022-28

According to Precision Business Insights (PBI), the latest report, the Prescription Spectacles market is expected to be valued at USD 43,584.1 million in 2022, growing at a 3.1% CAGR from 2022 to 2028. Growing rely on electronic devices like mobile, laptops, computers for day-to-day work and entertainment and too much involvement at glaring at the screen even in the night time coming with the side effect of ocular problems. As vision is one of the most important sensory organs of humans, any problem in vision will cause an interruption in regular life. Thus, with the increase in ocular problems, the demand for its treatment is skyrocketing day by day. This acts as a main driving force for the prescription spectacles and lenses market to grow in the forecast period. With the reliability of technology in modern life, this demand for spectacles or contact lenses will never go down. Thus, it can be estimated the future of the spectacles and contact lenses market will always be bright.

View the detailed report description here -

Prescription Spectacles Lens Segment to Flourish the Most in Forecast Period:
In terms of market share for glasses, the category for eyeglass lenses retained a commanding lead in 2021, and it is anticipated that it will continue to expand gradually over the coming years. The rise in myopia and hypermetropia prevalence is responsible for this expansion. However, it is anticipated that a significant growth driver in the ensuing years would be the increased usage of modern, lightweight spectacle frames. The availability of a wide range of products and intense rivalry in the market for high-quality custom frames are raising the adoption of eyeglasses in both developed and emerging nations. The total number of adults choosing prescription glasses has increased in recent years due to the population's decreased preference for contact lenses and the rise of LASIK procedures in the United States. In industrialized nations, there is also a rise in the number of people choosing eyeglass frames as a fashion accessory. During the anticipated term, it is predicted that this tendency would increase market value.

North American Region to Dominate the Prescription Spectacles Market and Asia-Pacific to follow:
Due to the growing prevalence of myopia and presbyopia in nations like the United States and Canada, North America held the greatest revenue share in 2021. Additionally, there are significant industry participants in the area who are introducing prescription lenses with cutting-edge characteristics. Recently, Privé Revaux introduced cheap prescription lenses. Through its relationship with the technology firm Opternative, the business has also increased its patient pool by offering online eye examinations. The region has a high rate of adoption of cutting-edge items and technology, which supports the expansion of the regional market. The market is expected to place the Asia Pacific as the second-leading region. Over time, there has been an increase in the adoption of spectacles due to the rising senior population in nations like China and Japan. Additionally, the increasing affordability of vision care products and the increase in disposable income are expected to boost sales in this area. In addition, refractive problems in vision are becoming more common in the nations in this region. A study in the Journal of Ophthalmology reports that 33% of people in Southeast Asia are thought to be myopic.

Strategic New Product Launches, Mergers, Acquisitions, And Agreements Are the Key Strategies Adopted by Market Players:
The global Prescription Spectacles market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In August 2022, ModMed's All-in-One software solution for all practices and new state-of-the-art ophthalmology institute is adopted by Mann Eye Institute to provide better patient care. In October 2021, Hoya established cooperation with Orbis International, a global organization that mentors and trains local eye care workers and motivates them to prevent blindness in their neighborhoods.

Request sample report at:

The prescription spectacles market is segmented based on product type, lens type, lens coating, material, application, distribution channel, and geography
Based On the Product Type, The Market is Segmented into the Following:
• Spectacle Frames
• Spectacle Lenses

Based On Lens Type, The Market is Segmented into the Following:
• Single Vision
• Bifocal
• Trifocal
• Progressive
• Workspace Progressives
• Others

Based On Lens Coating, The Market is Segmented into the Following:
• Anti-reflective
• Scratch Resistant Coating
• Anti-fog Coating
• Ultraviolet Treatment

Based On Material, The Market is Segmented into the Following:
• Frame Material
• Lens Material

Based On Application, The Market is Segmented into The Following:
• Myopia
• Hyperopia/Hypermetropia
• Astigmatism
• Presbyopia

Based On Distribution Channel, The Market is Segmented into the Following:
• E-Commerce
• Retail Store
• Ophthalmic Clinics
• Eye Hospitals

Based On Geography, The Market Is Segmented into the Following:
• North America
• Europe
• Asia-Pacific
• Middle East and Asia
• Latin America

Request Methodology:

Key players' profiles in the prescription spectacles Market are Johnson & Johnson Vision Care, Inc., ESSILORLUXOTTICA, Cooper Vision, Carl Zeiss AG., Bausch & Lomb Inc., Safilo Group S.p.A., Charmant Group, Chemilens (CHEMIGLAS Corp.), CIBA VISION, De Rigo Vision S.p.A, Fielmann AG, HOYA Corporation, JINS Inc., Marchon Eyewear Inc., Marcolin S.p.A, QSpex, Rodenstock GmbH, Seiko Optical Products Co., Ltd., Shamir Optical Industry Ltd., Silhouette International Schmied AG, Warby Parker, and Zenni Optical, Inc.

Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Prescription Spectacles Market Growth Trajectory 2022-28 here

News-ID: 2745108 • Views: 367

More Releases from Precision Business Insights

Gravure Printing Inks Market Growing Demand Forecast 2022-2028
The global gravure printing inks market size is expected to reach USD 5.06 billion by 2028, at a CAGR of 4.6% during the forecast period 2022-2028. Liquid inks having a very low viscosity are gravure inks. They can then be transferred onto substrates by being pulled into etched cells in cylinders as a result. The paper is put through gas- or electric-fired dryers to dry the ink and drive
Furniture Market Outlook, Developments Forecast 2022 To 28
The global furniture market size is expected to reach a value of USD 827.5 million by 2028, growing at a CAGR of 5.2% during the forecast period 2022-28. In both home and business settings, furniture refers to moveable and ergonomic items like chairs, tables, beds, cabinets, workstations, sofas, and chairs that are utilized for sitting configurations, storage needs, and enhancing the aesthetic value of a space. Wood, polymers, glass,
Food Hydrocolloids Market Emerging Trends Forecast to 2028
The global food hydrocolloids market size is expected to reach a value of USD 14.54 billion by 2028, at a CAGR of 5.8% during the forecast period 2022-28. Food products with little to no added sugar are becoming more popular on the international market. The bulk of food processing and manufacturing facilities currently use either new sweeteners or salts to manufacture these food products. However, it seems that the
Enterprise Mobility Management Market Size, Growth Strategies 2022-28
The global enterprise mobility management market size is expected to reach a value of USD 81.01 billion by 2028, at a CAGR of 25.2% during the forecast period 2022-2028. The term "enterprise mobility management" (EMM) describes a collection of tools, procedures, and personnel aimed at managing a wider range of wireless networks, smart devices, and related services. The technology investigates the possibilities of mobile computing in many industries. EMM

All 5 Releases

More Releases for Spectacle

Spectacle Lenses Market 2022 | Detailed Report
The Spectacle Lenses report understands the current and future competitive scenario across types, countries, and applications.It provides accurate, up-to-date analysis of markets and companies.The report use reliable information and analysis to gain a deeper understanding of the current factors impacting the industry. The Spectacle Lenses report provides exact and accurate data that helps companies of all sizes to make timely decisions. Furthermore, the report provides robust solutions to customers, assisting them
Spectacle Market Development and Trends Forecasts Report 2021-2027
The Global Spectacle Market Report 2021 to 2027 could be a fundamental examination of the global analysis. Trending innovation, advertise drivers, sectional declination, analysis measurements, advertise forecasts, manufacturers, and hardware merchants are all included within the substance. The report incorporates a point-by-point examination of the Spectacle Market as well as empowering advances, current patterns, openings, and obstruction, as well as a self-governing point of view, arrangement models, administrator particular circumstances,
Global Spectacle Market 2020 Insights, Share, Growth and Future Trends
The new report has been added by to provide detailed insight into the global Spectacle market. The study will help to get a better understanding about the Spectacle industry competitors, a channel for the distribution, Spectacle growth potential, potentially disruptive trends, Spectacle industry product innovations, market size value/volume (regional/country level, Spectacle industry segments), market share of top players/products. The insight has been added in the report to provide realistic overview
Spectacle Lense Market The global Spectacle Lense market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 20192025. This report focuses on Spectacle Lense volume and value at global level, regional level and company level. From a global perspective, this report represents overall Spectacle Lense market size by analyzing historical data and future prospect. Regionally, this report focuses on
Global Spectacle Glass Lenses Market. Analysis And Forecast to 2025
IndexBox has just published a new report "World: Spectacle Lenses Of Glass Or Other Materials - Market Report. Analysis and Forecast to 2025" ( ). This report has been designed to provide an in-depth of the global spectacle glass lenses market. It covers the most recent data sets of quantitative medium-term perspectives, as well as developments in production, trade, consumption and prices. The report also presents a comparative analysis
Global Spectacle Frame Market Research Report 2017
Report Hive Market Research Released a New Research Report of 107 pages on Title " Global Spectacle Frame Market Research Report 2017 "with detailed Analysis, Forecast and Strategies. In this report, the global Spectacle Frame market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented