Press release
Rising Ophthalmic Disorders Propel Spectacle Lens Market Growth Driver: Leading Transformation in the Spectacle Lens Market in 2025
Spectacle Lens
The increasing prevalence of ophthalmic disorders is expected to drive the growth of the spectacle lens market. Ophthalmic conditions, from refractive errors to glaucoma and macular degeneration, are rising due to factors like aging and excessive screen time. Spectacle lenses help correct these conditions by focusing light properly on the retina. For example, the CDC reported that over 3 million Americans had glaucoma in 2022, with the number expected to rise to 6.3 million by 2050. Additionally, the Association of Optometrists reported 22,552 new vision impairment certifications in 2022, driven by conditions like diabetic eye disease, glaucoma, and macular degeneration. These trends will drive the spectacle lens market.
Get Your Spectacle Lens Market Report Here:
https://www.thebusinessresearchcompany.com/report/spectacle-lens-global-market-report
What is the projected compound annual growth rate (CAGR) of the spectacle lens market from 2025 to 2034, and what factors influence it?
The spectacle lens market has experienced strong growth in recent years. It will rise from $53.71 billion in 2024 to $56.97 billion in 2025, reflecting a CAGR of 6.1%. This growth can be attributed to regulatory changes, consumer preferences, higher disposable income, the prevalence of eye conditions, and growing consumer awareness and education.
The spectacle lens market is expected to experience strong growth, reaching $71.37 billion by 2029 at a CAGR of 5.8%. The growth is attributed to the shift toward eco-friendly materials, expanded healthcare coverage, rising myopia rates among younger people, fashion trends influencing lens coatings, and an aging population driving demand for multifocal lenses. Key trends include photochromic lenses, smart lens technology, advanced materials, lens customization, and digital eye strain solutions.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15674&type=smp
How are the latest trends influencing the growth of the spectacle lens market?
In the spectacle lens market, companies are focusing on dual-function lenses that offer both vision correction and protection against blue light, glare, and UV radiation. For instance, in April 2023, Hoya Vision Care launched MiyoSmart Sun Spectacles, which correct myopia in children while protecting against harmful UV rays. These lenses incorporate patented defocus technology, making them ideal for outdoor activities and promoting overall eye health in children.
What are the major segments of the spectacle lens market and their role in driving growth?
The spectacle lens market covered in this report is segmented -
1) By Product: Single Vision Lenses, Progressive Lenses, Bifocal Lenses, Trifocal Lenses
2) By Material: Plastic Lenses, Polycarbonate Lenses, Trivex Lenses, High-Index Lenses, Glass Lenses
3) By Sales Channel: Retail Sales, Institutional Sales
4) By Application: Vision Correction, Beauty, Other Applications
Subsegments:
1) By Single Vision Lenses: Distance Vision Lenses, Near Vision Lenses
2) By Progressive Lenses: Standard Progressive Lenses, Custom Progressive Lenses
3) By Bifocal Lenses: Flat Top Bifocal Lenses, Round Segment Bifocal Lenses
4) By Trifocal Lenses: Standard Trifocal Lenses, Custom Trifocal Lenses
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15674
What regions are leading the charge in the spectacle lens market?
North America was the largest region in the spectacle lens market in 2024. The regions covered in the spectacle lens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the spectacle lens market?
Major companies operating in the spectacle lens market are Johnson and Johnson, EssilorLuxottica SA, Bausch Health Companies Inc., Hoya Corporation, Cooper Companies Inc., Carl Zeiss AG, KODAK Lens, Rodenstock GmbH, Warby Parker Inc., Norville Group Ltd., Vision Rx Lab Pvt. Ltd., ABB Optical Group, Walman Optical, Younger Optics, Vision-Ease Lens Ltd., Mingyue Optical Lens Co Ltd., ClearVision Optical, X-Cel Optical Company, Jiangsu Hongchen Optical Co Ltd., Paragon Vision Sciences, Visioneering Technologies Inc., Tokai Optical Co. Ltd., Kbco Lens Ltd., Sola Optical
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=15674&type=smp
What Is Covered In The Spectacle Lens Global Market Report?
•Market Size Forecast: Examine the spectacle lens market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the spectacle lens market for a structured understanding.
•Key Players Overview: Analyze major players in the spectacle lens market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the spectacle lens market.
•Segment Contributions: Evaluate how different segments drive overall growth in the spectacle lens market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the spectacle lens market.
•Industry Challenges: Identify potential risks and obstacles affecting the spectacle lens market.
•Competitive Landscape: Review strategic developments in the spectacle lens market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Rising Ophthalmic Disorders Propel Spectacle Lens Market Growth Driver: Leading Transformation in the Spectacle Lens Market in 2025 here
News-ID: 3934992 • Views: …
More Releases from The Business Research Company
2025 Equity Crowdfunding Services Market Outlook: Key Indicators Shaping Growth …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Equity Crowdfunding Services Industry Market Size Be by 2025?
The expansion of the market for equity crowdfunding services has been swift in the recent past. The forecast suggests an increase from $11.14 billion in 2024 to $13.09 billion in 2025, realizing a compound annual growth rate…
Major Growth Driver Identified in 2025 End-To-End Wealth Management Market: The …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
End-To-End Wealth Management Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the overall size of the wealth management market has seen significant growth. It is predicted to expand from a value of $3.56 billion in 2024 to $3.88 billion the next year…
Key Factor Supporting Elevator Guide Rail Guide Shoe Market Development in 2025: …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Elevator Guide Rail Guide Shoe Market Size By 2025?
The market for elevator guide rail guide shoes has seen robust growth in recent times, expanding from $1.32 billion in 2024 to an estimated $1.42 billion in 2025 with a compound annual growth rate of 8.0%.…
Ductile Iron Pipes Market on Track for Strong Growth, Estimated to Grow at 7% CA …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Ductile Iron Pipes Market Through 2025?
In the past few years, the market size of ductile iron pipes has seen substantial growth. The market, which was valued at $13.46 billion in 2024, is expected to reach $14.46 billion in 2025, with a…
More Releases for Lens
Lens Market
The "Lens Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Lens Market, 2024-2031
Verified Market Research's most recent report, "Lens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination of the industry…
Infrared Lens (IR Lens) Market Size 2024 to 2031.
Market Overview and Report Coverage
An Infrared Lens (IR Lens) is a type of lens designed specifically for infrared imaging applications, allowing infrared radiation to pass through while blocking visible light. These lenses are commonly used in various industries such as automotive, military and defense, surveillance, and healthcare.
The current outlook for the Infrared Lens (IR Lens) Market is positive, with a growing demand for IR lenses in the expanding…
Global Lens Cleaner Market, Global Lens Cleaner Industry, Covid-19 Impact Global …
Lens cleaner is used to disinfect eyeglass lenses, contact lenses, and digital camera lenses. It plays a significant role in improving the hygiene & safety of the contact lenses. It is highly preferred for spectacle & contact lens cleaning. On the other hand, wipes and tissues for cleaning digital cameras are most preferred. The wipes are available in wet or dry form depending on the needs of the end user.…
Global Lens Cloth Market, Global Lens Cloth Industry, Covid-19 Impact Global Len …
Lens cloth is special type of cleaning cloth, which is generally made from different fabrics. This type of cloth can be micro-fiber cloth or wet wipes that depend on the lens to be cleaned. It helps remove dirt and grease particles that stick to the lens in daily use. Cleaning the lens helps to preserve the life of expensive lenses and prevents scratches on the lens surface. Microfiber lens cloths…
Infrared Lens (IR Lens) Market: Competitive Dynamics & Global Outlook 2026
Market Research Report Store offers a latest published report on Infrared Lens (IR Lens) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This intelligence Infrared Lens (IR Lens) Market report by Market Research Report Store includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end…
Soft Contact Lens Market | Daily Wear Contacts Lens, Extended Wear Contacts Lens …
Soft contact lens are used to correct the vision of the eye. These lenses are made of soft water absorbing flexible and translucent polymers (hydrogels) and a high amount of plasticizer. These are more flexible than the hard contact lens and can be easily molded into the desired shapes. Soft contact lens fit easily to the eyeball compared to a rigid gas-permeable lens and provides comfort. Most contact lens patients…
