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Key Trends Shaping the Future Single Vision Lenses Market From 2025-2034: Innovative Advances In Single Vision Lenses

03-25-2025 05:55 AM CET | Health & Medicine

Press release from: The Business Research Company

Single Vision Lenses Market

Single Vision Lenses Market

Which drivers are expected to have the greatest impact on the over the single vision lenses market's growth?
The increasing prevalence of myopia is expected to drive the growth of the single-vision lenses market. Myopia, or nearsightedness, is rising due to factors like increased screen time, aging populations, and environmental influences. Single-vision lenses are used to correct myopia by improving distance vision. The BMJ Publishing Group reported that more than 36% of children and adolescents worldwide are affected by myopia, a number projected to exceed 740 million by 2050. This growing prevalence of myopia is propelling the demand for single-vision lenses.

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What is the future CAGR of the single vision lenses market, and how will it impact industry expansion?
The single vision lenses market has grown consistently in recent years. It will grow from $7.03 billion in 2024 to $7.37 billion in 2025, reflecting a CAGR of 4.8%. The historical growth can be attributed to the development of new materials, the introduction of digital lens designs and freeform technology, improvements in surgical techniques, ongoing research in optics and materials, and a rise in medical tourism for vision correction.

The single vision lenses market is projected to grow to $8.75 billion by 2029, at a CAGR of 4.4%. Growth is driven by the need for protective eyewear in industrial sectors, awareness of UV protection and blue light filtering, improved eyecare facilities, and global manufacturing. Trends include rising demand for presbyopia-correcting lenses, the increasing prevalence of refractive errors, vision care program implementation, telehealth adoption, and policies supporting eyewear insurance.

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What are the most significant trends transforming the single vision lenses market today?
Companies in the single vision lenses market are focusing on advanced lenses offering 360° visual clarity. In September 2022, HOYA Corporation launched MySV lenses with 360° Visual Comfort, which integrates four key design elements to provide improved visual comfort for wearers in all situations, offering seamless correction and enhancing clarity for everyday activities.

Which key market segments comprise the single vision lenses market and drive its revenue growth?
The single vision lenses market covered in this report is segmented -

1) By Type: Spherical, Aspherical, Freeform
2) By Material: Glass, Polycarbonate, Other Material Types
3) By Age Group: Less Than 18 Years, Greater Than Or Equal To 18 Years And Less Than 40 Years, Greater Than Or Equal To 40 Years
4) By Application: Hyperopia (Farsightedness), Myopia (Nearsightedness), Astigmatism, Presbyopia

Subsegments:
1) By Spherical: Standard Spherical Lenses, High-Index Spherical Lenses
2) By Aspherical: High-Index Aspherical Lenses, Polycarbonate Aspherical Lenses
3) By Freeform: Customized Freeform Lenses, Digital Freeform Lenses

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Which geographical regions are pioneering growth in the single vision lenses market?
North America was the largest region in the single vision lenses market in 2024. The regions covered in the single vision lenses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the single vision lenses market?
Major companies operating in the single vision lenses market are Essilor Luxottica, Hoya Corporation, Nikon Corporation, Carl Zeiss AG, Johnson & Johnson Vision, Rodenstock GmbH, Shamir Optical Industry Ltd., Norville, Leica Camera AG, Vision-Ease Lens, Younger Optics Asia Pacific Ltd., iCoat Company LLC, Seiko Optical Products Co. Ltd., GKB Optic Technologies Pvt. Ltd., Optiswiss AG, KODAK Lens, Augen Optics, Opticote Inc., Tokai Optical Co. Ltd., Shanghai Conant Optics Co. Ltd., Jiangsu Aogang Optical Glasses Co. Ltd., Central Optical Co. Ltd.

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What Is Covered In The Single Vision Lenses Global Market Report?

•Market Size Forecast: Examine the single vision lenses market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the single vision lenses market for a structured understanding.
•Key Players Overview: Analyze major players in the single vision lenses market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the single vision lenses market.
•Segment Contributions: Evaluate how different segments drive overall growth in the single vision lenses market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the single vision lenses market.
•Industry Challenges: Identify potential risks and obstacles affecting the single vision lenses market.
•Competitive Landscape: Review strategic developments in the single vision lenses market, including expansions, agreements, and new product launches.

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