Vision Care Devices Market Accelerates with Minimally Invasive Laser Systems, Growing at 12.7% CAGR (2024-2031) | Novartis Inc., Cooper Vision, Johnson & Johnson Services, Inc

"The Global Vision Care Devices Market size was valued at US$ 12.4 billion in 2022 and is estimated to reach US$ 24.78 billion by 2031, growing at a CAGR of 12.7% during the forecast period (2024-2031)." As per DataM intelligence research report

Market growth opportunities(2025-2031):

Vision Care Devices market opportunities in the US and Japan are fueled by rising adoption of laser refractive surgery systems, portable diagnostic imaging tools, and smart eyewear platforms. Integration with AI-enabled analysis and point‐of‐care screening enhances clinical workflows. In Japan, growing awareness of ocular diseases and favorable reimbursement policies support device uptake in hospitals and clinics. In the US, demand from outpatient vision centers, tele‐optometry, and aging populations increases relevance of non-invasive imaging and therapeutic tools. Cross‐sector partnerships-such as between hardware manufacturers and software diagnostics providers-open new service models. Customizable and wearable vision solutions add patient convenience and engagement. Sustainability and portability remain key drivers in device design and adoption.

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Vision Care Devices Market: Recent Industry Developments

✅In April 2025, Alcon (US) commercially launched the Voyager DSLT (Direct Selective Laser Trabeculoplasty) device following acquisition of Belkin Vision. Voyager provides contactless Nd:YAG laser treatment for glaucoma without gonioscopy

✅In March 2025, Neurotech Pharmaceuticals (US) received FDA approval for EnceltoTM (revakinagene taroretcel-lwey), an encapsulated cell-based gene therapy implant for macular telangiectasia type 2, initiating availability in June 2025

✅In January 2025, AI Optics (US) received FDA 510(k) clearance for its Sentinel Camera, a portable handheld retinal imaging system enabling nondilated, point-of-care diagnostics in general clinics

✅In January 2025, Norlase (US) secured FDA clearance and launched LYNXTM, a pattern-scanning laser indirect ophthalmoscope built into a portable ergonomic headset, eliminating need for an external laser source

✅In January 2025, ZEISS Medical Technology (US/Germany) received FDA approval for its MEL 90 excimer laser, now cleared for myopia, hyperopia, and mixed astigmatism-integrated into ZEISS's Corneal Refractive Workflow alongside VISUMAX 800 and SMILE pro

Vision Care Devices Market: Technological Advancements

➠In the US, the ZEISS MEL 90 excimer laser leverages Triple A ablation algorithm and high-speed 500 Hz operation to deliver precise, tissue-conserving LASIK treatments with integrated treatment workflow support

➠In the US, Voyager DSLT uses a contactless Nd:YAG laser with eye-tracking, removing need for manual gonioscopy and streamlining glaucoma laser therapy in clinical settings

➠In the US, the Sentinel Camera by AI Optics enables handheld, non-dilated retinal imaging at the point of care, broadening access to primary-care screening with real-time imaging capabilities

Strategic Players Driving the Vision Care Devices Market Forward:

Novartis Inc., Cooper Vision, Johnson & Johnson Services, Inc., STAAR Surgical, Bausch & Lomb Incorporated., Carl Zeiss, Ophtec BV, MORCHER GmbH, Safilo Group S.p.A, EssilorLuxottica and more.

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Research Methodology:

The global Vision Care Devices Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.

Segment Covered in the Vision Care Devices Market:

➥By Type: Intraocular Lenses, Ophthalmic Lasers, Glaucoma Drainage Devices, Contact Lenses, Others

➥By Application: Optical Surgeries, Diagnosis, Eye Care, Others

Regional Analysis for Vision Care Devices Market:

The Vision Care Devices market is expanding due to rising cases of myopia, cataracts, and age-related eye disorders globally. North America, led by the U.S., dominates with widespread adoption of advanced diagnostic tools and corrective lenses. Europe, particularly Germany, the U.K., and France, shows consistent growth supported by aging populations and accessible eye care services. Asia-Pacific, especially China, India, and Japan, is witnessing rapid expansion driven by urbanization, screen-time-related vision issues, and growing eye care awareness. South America is gradually improving access to vision correction and diagnostic tools in urban regions. The Middle East & Africa are emerging markets fueled by investments in ophthalmology infrastructure and awareness initiatives.

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✅ Import-Export Data Monitoring
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