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Electronic Device Dependency Is Fueling The Surge In Vision Care Devices And Equipment Market: A Significant Driver Propelling The Vision Care Devices And Equipment Market In 2025
The Vision Care Devices And Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Vision Care Devices And Equipment Market Size and Projected Growth Rate?
The vision care devices and equipment market has seen rapid growth in recent years. It will grow from $25.5 billion in 2024 to $29.12 billion in 2025, at a CAGR of 14.2%. The growth drivers include greater awareness of eye health, an aging population, the influence of fashion and aesthetics, and the rising amount of screen time.
The vision care devices and equipment market is projected to grow rapidly, reaching $44.29 billion in 2029 at a CAGR of 11.0%. Contributing factors include digital screen usage, aging populations, and sustainable eye care products. Key trends involve smart eyewear, AI-assisted exams, 3D-printed frames, and remote eye care services.
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What Are the Major Segments in the Vision Care Devices And Equipment Market?
The vision care devices and equipment market covered in this report is segmented -
1) By Type: Intraocular Lens, Ophthalmic Lasers, Glaucoma Drainage Devices, Contact Lenses, Other Types
2) By Aplication: Vision Care, Diagnosis, Surgery
3) By End User: Hospitals, Ambulatory Surgery Centers, Optical Centers, Other End Users
Subsegments:
1) By Intraocular Lens (IOL): Monofocal IOLs, Multifocal IOLs, Toric IOLs, Accommodating IOLs, Phakic IOLs
2) By Ophthalmic Lasers: Excimer Lasers, Femtosecond Lasers, YAG Lasers, Diode Lasers, Argon Lasers
3) By Glaucoma Drainage Devices: Shunt Implants, Tube Drainage Implants, Cyclodestructive Procedures, Valved Drainage Devices
4) By Contact Lenses: Soft Contact Lenses, Rigid Gas Permeable Lenses, Toric Lenses, Scleral Lenses, Hybrid Contact Lenses
5) By Other Types: Retinal Implant Devices, Corneal Implants, Vision Correction Devices, Eye Examination Equipment
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What Are The Driving Vision Care Devices And Equipment Market Evolution?
The vision care devices and equipment market is being driven by the widespread use of electronic devices. Increased screen time from daily use of smartphones, laptops, and PCs is leading to more vision problems. According to a Deloitte survey, Americans collectively check their phones over 8 billion times a day, with individuals spending about five hours daily using apps and browsing online.
Which Firms Dominate The Vision Care Devices And Equipment Market Segments?
Major companies operating in the vision care devices and equipment market include Essilor International, Johnson & Johnson, Carl Zeiss AG, The Cooper Companies, Novartis AG, Bausch & Lomb, Nidek Co.Ltd., Valeant Pharmaceuticals International Inc., Luxottica Group SpA, Escalon Services, Tomey Corporation, CIBA Vision Corporation, Visionix Ltd., Potec, LuxVisions Innovation Limited, Heine Optotechnik, Luneau Technology Operations SAS, Heidelberg Engineering Inc., Huvitz Technologies, STAAR Surgical Company, Swiss Advanced Vision, Visioneering Technologies Inc., Rayner Intraocular Lenses Limited, Jiangsu Hongchen Optical Co. Ltd., Alcon, Hoya Corporation, Topcon Corporation, Carl Zeiss Meditec AG, Lumenis Ltd., Ellex Medical Pty Ltd., Abbott Medical Optics, Canon Medical Systems, Haag-Streit AG, Optovue Inc., Quantel Medical SAS, VisionCare Devices LLC, Med-Logics Inc., Advanced Vision Science Inc., Eyenovia Inc., HumanOptics Holding AG, Clearside Biomedical Inc.
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Which Is The Largest Region In The Vision Care Devices And Equipment Market?
North America was the largest region in global vision care devices and equipment market in 2023. Asia-Pacific was the second-largest region in the vision care devices and equipment market share. The regions covered in the vision care devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vision Care Devices And Equipment Market?
2. What is the CAGR expected in the Vision Care Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Vision Care Devices And Equipment Industry?
4. Which Region Is Leading the Vision Care Devices And Equipment Market?
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