Global Optometry Market to Reach $90.3 Billion by 2030
The global market for Optometry estimated at US$68.4 Billion in the year 2023, is expected to reach US$90.3 Billion by 2030, growing at a CAGR of 4% over the period 2023-2030. Optometry Therapeutics, one of the segments analyzed in the report, is expected to record 3.2% CAGR and reach US$34.8 Billion by the end of the analysis period. Growth in the Vision Care Equipment segment is estimated at 4.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $20.6 Billion, While China is Forecast to Grow at 3.9% CAGR
The Optometry market in the U.S. is estimated at US$20.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$16 Billion by the year 2030 trailing a CAGR of 3.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 3.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
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