Press release
United States Vision Care Devices Industry Report, Future Growth Outlook 2031 | Top Companies - Novartis Inc., Cooper Vision, Johnson & Johnson Services, Inc., STAAR Surgical, Bausch & Lomb Incorporated
Vision Care Devices Market Size
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List of Top Key Player:
Novartis Inc., Cooper Vision, Johnson & Johnson Services, Inc., STAAR Surgical, Bausch & Lomb Incorporated., Carl Zeiss, Ophtec BV, MORCHER GmbH, Safilo Group S.p.A, and EssilorLuxottica.
Competitive Analysis
✅ Novartis Inc., Johnson & Johnson Services, Inc., and Bausch & Lomb Incorporated advance the Vision Care Devices market by supporting innovation across ophthalmic devices, surgical solutions, and vision correction technologies used in clinical and consumer settings.
✅ CooperVision, STAAR Surgical, and Ophtec BV strengthen the market through specialized contact lenses and implantable ophthalmic devices that address refractive errors and evolving patient needs.
✅ Carl Zeiss and MORCHER GmbH contribute precision optics, diagnostic systems, and intraocular solutions that enhance clinical accuracy and outcomes within the Vision Care Devices market.
✅ EssilorLuxottica and Safilo Group S.p.A reinforce market expansion by integrating eyewear design, lens technology, and global distribution, bridging medical vision care and consumer accessibility.
✅ Together, these companies create sustained momentum in the Vision Care Devices market by combining medical innovation, optical expertise, and scalable manufacturing aligned with rising global demand for vision correction.
Forecast Projection:
The Global Vision Care Devices Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.
United States: Recent Industry Developments
✅ December 2025: Leading ophthalmic technology companies unveiled advanced digital retinal imaging systems for earlier detection of eye diseases.
✅ November 2025: Smart wearable vision care devices with AI-assisted diagnostics gained traction in optometry practices across major cities.
✅ October 2025: Tele-optometry platforms integrated remote vision tests with connected diagnostic tools to improve access in underserved regions.
Japan: Recent Industry Developments
✅ December 2025: Japanese device manufacturers introduced ultra-compact optical coherence tomography (OCT) systems for clinics and mobile screening units.
✅ November 2025: Growth in smart contact lens development advanced with collaborations between tech firms and vision science researchers.
✅ October 2025: Rising demand for portable autorefractors and handheld vision analyzers supported outreach programs in rural areas.
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Key Segmentation:
By Type: Intraocular Lenses, Ophthalmic Lasers, Glaucoma Drainage Devices, Contact Lenses, Others
By Application: Optical Surgeries, Diagnosis, Eye Care, Others
Growth Regional Analysis:
⇥ North America - 35%
Leads the market due to high prevalence of vision disorders and strong adoption of advanced diagnostic devices.
⇥ Europe - 28%
Driven by aging population, reimbursement support, and widespread use of ophthalmic diagnostic technologies.
⇥ Asia-Pacific - 26%
Rapid growth supported by large patient base, rising eye care awareness, and expanding healthcare infrastructure.
⇥ Middle East & Africa - 6%
Adoption driven by improving healthcare access and increasing investments in ophthalmology services.
⇥ South America - 5%
Steady demand led by growing ophthalmic clinics and gradual technology penetration.
Latest M&A
» EssilorLuxottica acquired Optegra Clinics in 2025, expanding surgical eye care for cataract and laser vision correction across Europe.
» Alcon acquired LumiThera in 2025, adding photobiomodulation device for early/intermediate dry AMD to vision care portfolio.
» Innovia Medical acquired ENT/ophthalmic surgical product companies, enhancing ophthalmic device offerings.
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Latest FDA
➠ FDA authorized Essilor Stellest eyeglass lenses for myopia correction (2025), first with toric peripheral curves.
➠ Approved ENCELTO (revakinagenetaroretcel-lwey) by Neurotech for macular telangiectasia type 2 (MacTel) in March 2025, first sustained protein delivery implant for retinal disease.
➠ Approved VIZZ (aceclidine 1.44%) by Lenz Therapeutics for adult presbyopia.
➠ Approved Epioxa HD / Epioxa epithelium-on CXL therapy by Glaukos for keratoconus.
Latest News
1. Vision care market innovations focus on myopia control, presbyopia, and retinal therapies amid aging populations.
2. Medtech M&A rebounded in 2025 with cross-sector convergence (tech/healthcare); EssilorLuxottica's Optegra deal exemplifies diagnostics/surgery integration.
FAQ's
Q1: What is the current size of the Vision Care Devices Market and its future potential?
A: The Vision Care Devices Market was valued at US$ 12.4 billion in 2022 and is projected to surge to US$ 24.78 billion by 2031
Q2: How fast is the Vision Care Devices Market expected to grow in the coming years?
A: The market is forecast to expand at a robust CAGR of 12.7% between 2024-2031, signaling strong global growth and investment potential.
Q3: Which regions are dominating the Vision Care Devices Market and which are fastest-growing?
A: North America region is expected to hold the largest market share over the forecast period.
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Reimbursement
➠ VisionCare announced new CMS reimbursement code for telescope implant procedure (2025), establishing it as standard care for end-stage AMD.
➠ Medicare NTAP supports innovative devices like retinal implants; coverage with evidence development for promising tech.
Clinical Trials
✦ Johnson & Johnson Vision Care's NCT05814367 trial (2025) investigates Novelia eyedropper with Blink formulation for dry eye.
✦ Ongoing trials for ortho-k lenses with toric designs and AI diagnostics support 2026 approvals.
New Devices/Product Launches
✦ Essilor Stellest lenses launched post-FDA authorization for myopia control with custom toric design.
✦ ENCELTO retinal implant by Neurotech commercialized mid-2025 for MacTel.
✦ VIZZ eye drop by Lenz for presbyopia.
✦ Epioxa HD CXL system by Glaukos for cornea crosslinking.
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✅ Competitive Landscape
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✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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