PUBLISHER: The Business Research Company | PRODUCT CODE: 1948627
PUBLISHER: The Business Research Company | PRODUCT CODE: 1948627
Vision care devices and equipment encompass a range of tools used to address various eye vision issues. These devices and equipment are categorized into several key types, including intraocular lenses, ophthalmic lasers, glaucoma drainage devices, contact lenses, and others.
Vision care devices and equipment encompass various categories, including intraocular lenses, ophthalmic lasers, glaucoma drainage devices, contact lenses, and other related tools. Intraocular lenses are artificial replacements for the eye's natural lens. These devices find applications in vision care, diagnostic procedures, and surgeries, serving a range of end-users like hospitals, ambulatory surgery centers, optical centers, and other relevant facilities.
Tariffs are impacting the vision care devices and equipment market by increasing costs of imported optical components, laser systems, precision lenses, electronic controllers, and surgical instruments. Hospitals and ambulatory surgery centers in North America and Europe are most affected due to reliance on imported high-end ophthalmic equipment, while Asia-Pacific faces cost pressures on manufacturing and exports. These tariffs are increasing equipment prices and slowing technology upgrades. However, they are also encouraging domestic production, regional supplier development, and innovation in cost-effective vision care solutions.
The vision care devices and equipment market research report is one of a series of new reports from The Business Research Company that provides vision care devices and equipment market statistics, including vision care devices and equipment industry global market size, regional shares, competitors with a vision care devices and equipment market share, detailed vision care devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the vision care devices and equipment industry. This vision care devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vision care devices and equipment market size has grown rapidly in recent years. It will grow from $26.62 billion in 2025 to $29.6 billion in 2026 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to rising prevalence of vision impairment disorders, increased cataract surgery volumes, expansion of ophthalmology clinics, improvements in diagnostic imaging tools, wider availability of eye care services.
The vision care devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $45.06 billion in 2030 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to increasing aging population globally, rising adoption of premium iols, growing demand for laser-based eye surgeries, expansion of outpatient ophthalmic care, increasing investments in advanced eye care technologies. Major trends in the forecast period include increasing adoption of advanced intraocular lens technologies, rising use of laser-assisted vision correction systems, growing demand for glaucoma management devices, expansion of minimally invasive ophthalmic procedures, enhanced focus on precision diagnostics.
The rising use of electronic devices is expected to drive growth in the vision care devices and equipment market. Electronic devices are equipment or components that operate using electrical circuits and semiconductor technologies to process, store, transmit, or control information and energy. The use of such devices is increasing due to rapid technological advancements and growing consumer reliance on connected, smart digital products. Vision care devices and equipment help prevent, detect, and manage vision issues such as eye strain and dryness, which are associated with prolonged screen exposure. For example, in May 2023, the Japan Electronics and Information Technology Industries Association reported that consumer electronics production reached $204.67 million (¥32,099 million), marking a 127% increase compared to the previous year. Consequently, the rising use of electronic devices is driving the vision care devices and equipment market.
The growing prevalence of eye disorders is also expected to boost the market. Eye disorders, or ocular conditions, affect the structure or function of the eye, causing visual impairment or discomfort. As more people experience these conditions, demand for vision care products and services-including eyeglasses, contact lenses, and surgical interventions-continues to rise. For instance, in August 2023, the World Health Organization (WHO) reported that at least 2.2 billion people worldwide suffer from near- or distance vision impairment, with roughly 1 billion cases involving preventable or uncorrected vision loss. Leading causes of distance vision impairment include cataracts (94 million cases), refractive errors (88.4 million), age-related macular degeneration (8 million), glaucoma (7.7 million), and diabetic retinopathy (3.9 million), while presbyopia affects 826 million people. Therefore, the increasing prevalence of eye disorders is driving demand for vision care devices and equipment.
Companies in the market are introducing innovations to meet growing needs and expand patient options. For example, myopia management lenses are specialized eyeglasses or contact lenses designed to slow the progression of myopia, particularly in children and adolescents. In April 2023, HOYA Vision Care, a Thailand-based eyeglass lens manufacturer, launched MiYOSMART Sun Spectacle Lenses, which combine myopia control with protection from strong sunlight. These non-invasive lenses utilize Defocus Incorporated Multiple Segments (DIMS) technology and have been shown to reduce myopia progression in children aged 8 to 13 by up to 60%. Additionally, the photochromic and polarized MiYOSMART Chameleon and MiYOSMART Sunbird lenses were developed to further slow myopia progression in young users.
Major companies operating in the vision care devices and equipment market are 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.
North America was the largest region in global vision care devices and equipment market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the vision care devices and equipment market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The vision care devices and equipment market consist of sales of equipment such as vitrector, Phoropter, VT 1 vision screener, contact lenses and spectacles and others that are used for proper diagnosis and treating vision of an eye. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Vision Care Devices And Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses vision care devices and equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for vision care devices and equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The vision care devices and equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.