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Comprehensive 2025 Vision Care Devices And Equipment Market Overview: Trends, Forecasts, and Growth Drivers

08-20-2025 07:06 AM CET | Health & Medicine

Press release from: The Business Research Company

Vision Care Devices And Equipment Market

Vision Care Devices And Equipment Market

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What Is the Expected CAGR for the Vision Care Devices And Equipment Market Through 2025?
The market size for devices and equipment used in vision care has seen a swift expansion in the previous years. The market, which was worth $25.5 billion in 2024, is projected to increase to $29.12 billion in 2025. This corresponds to a compound annual growth rate (CAGR) of 14.2%. Factors such as heightened awareness about eye health, an increasing elderly population, trends in fashion and aesthetics, as well as the rise in screen time, have contributed to the growth observed in the historical period.

What's the Projected Size of the Global Vision Care Devices And Equipment Market by 2029?
The market for vision care devices and equipment is predicted to undergo significant expansion in the upcoming years, reaching an estimated worth of $44.29 billion in 2029, marking a compound annual growth rate (CAGR) of 11.0%. This projected increase in the forecast period is influenced by factors such as digital eye strain, aging population, myopia control, and an emphasis on sustainable and eco-friendly products. Key trends expected to shape the market during the forecast period incorporate smart eyewear, personalized and 3d-printed eyewear, AI-driven eye assessments, and teleophthalmology.

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Top Growth Drivers in the Vision Care Devices And Equipment Industry: What's Accelerating the Market?
The growth of the vision care devices and equipment market is being continuously propelled by the escalating usage of electronic devices. The daily proliferation of laptops, mobiles, PCs, and other electronic devices is the principal contributor to eye-related health issues. Deloitte's survey reveals that Americans, in the aggregate, check their phones more than 8 billion times each day. The average person typically spends approximately five hours each day surfing the internet and utilizing apps.

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What Are the Main 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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Which Top Companies are Driving Growth in the Vision Care Devices And Equipment Market?
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.

Which Regions Will Dominate the Vision Care Devices And Equipment Market Through 2029?
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.

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