Optometry

Optometry


Global Optometry Market to Reach US$100.4 Billion by 2030

The global market for Optometry estimated at US$76.1 Billion in the year 2023, is expected to reach US$100.4 Billion by 2030, growing at a CAGR of 4.0% over the analysis period 2023-2030. Optometry Therapeutics, one of the segments analyzed in the report, is expected to record a 3.2% CAGR and reach US$38.3 Billion by the end of the analysis period. Growth in the Vision Care Equipment segment is estimated at 4.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$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$16.0 Billion by the year 2030 trailing a CAGR of 3.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.8% and 3.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Global Optometry Market - Key Trends & Drivers Summarized

What Is Optometry, and Why Is It So Crucial in Modern Eye Care?

Optometry is the branch of healthcare that focuses on the diagnosis, treatment, and management of eye health, vision disorders, and visual impairments. Optometrists, the primary practitioners in this field, are trained to conduct comprehensive eye exams, prescribe corrective lenses, diagnose and manage eye diseases, and provide pre- and post-operative care for ocular surgeries. They also play a significant role in detecting systemic conditions, such as diabetes and hypertension, that can present early signs through ocular symptoms.

The importance of optometry lies in its ability to provide preventive eye care, address visual impairments, and improve quality of life through early detection and treatment of eye diseases. With the increasing prevalence of vision disorders like myopia, hyperopia, presbyopia, and astigmatism, along with age-related eye conditions such as cataracts, glaucoma, and macular degeneration, optometry has become essential in ensuring overall eye health. As populations age and digital device usage rises, optometry services are becoming increasingly critical for both routine eye care and complex ocular health management, supporting better vision outcomes and general well-being.

How Are Technological Advancements Shaping the Optometry Market?

Technological advancements have significantly enhanced diagnostic accuracy, treatment options, and patient management in optometry, driving innovation across eye care services. One major development is the introduction of advanced diagnostic devices like optical coherence tomography (OCT), fundus photography, and corneal topography. OCT, in particular, allows optometrists to visualize the layers of the retina in detail, facilitating early detection of conditions like glaucoma, macular degeneration, and diabetic retinopathy. Fundus cameras capture high-resolution images of the back of the eye, enabling detailed examination of the retina and optic nerve, while corneal topographers map the curvature of the cornea, assisting in contact lens fitting and the diagnosis of corneal disorders.

The adoption of digital refraction systems has further improved the accuracy and efficiency of vision assessments. Automated refractors and phoropters enable optometrists to perform quick and precise vision tests, reducing the subjectivity associated with traditional methods. Digital lens measurement devices help in accurately determining the power of existing lenses and in prescribing corrective lenses, improving the precision of vision correction. These advancements in refractive technology have made routine eye exams faster, more accurate, and more comfortable for patients.

The rise of tele-optometry has expanded access to eye care, particularly in remote or underserved areas. Tele-optometry uses digital communication tools and remote diagnostic devices to conduct virtual eye exams and consultations, enabling optometrists to reach patients who may not have easy access to in-person services. Remote imaging devices, such as mobile fundus cameras and portable slit lamps, allow optometrists to perform essential eye checks virtually, facilitating early detection and timely intervention. This approach aligns with broader trends in telemedicine and digital healthcare, making optometry more accessible and adaptable in various healthcare settings.

What Are the Emerging Applications of Optometry Across Different Patient Groups?

Optometry is finding expanding applications across diverse patient groups, driven by the need for specialized vision care, preventive eye health, and management of chronic conditions. In pediatric eye care, optometrists play a crucial role in early vision screening, diagnosing conditions like amblyopia (lazy eye), strabismus (crossed eyes), and refractive errors that can affect learning and development. Early detection and correction of vision issues in children are vital for their cognitive and educational growth, making pediatric optometry an essential component of primary healthcare.

In adult eye care, optometrists address a wide range of refractive errors and eye diseases, including presbyopia, cataracts, and dry eye syndrome. For presbyopia, which typically affects individuals over 40, optometrists provide solutions like multifocal lenses, reading glasses, and presbyopia-correcting contact lenses to improve near vision. Optometrists also manage dry eye syndrome, which has become increasingly common due to prolonged digital device use. Treatment options include artificial tears, prescription medications, and in-office procedures like meibomian gland expression or intense pulsed light (IPL) therapy to improve tear film stability and reduce symptoms.

In geriatric eye care, optometrists manage age-related vision changes and eye diseases like glaucoma, macular degeneration, and diabetic retinopathy. Optometrists perform comprehensive eye exams to monitor ocular health, manage chronic conditions, and provide rehabilitative services, such as low-vision aids, to help elderly patients maintain independence and quality of life. Optometrists also collaborate with ophthalmologists for surgical referrals and follow-up care when necessary, ensuring continuity of care for complex cases.

Optometry also plays a critical role in occupational vision care, supporting the eye health of individuals in specific work environments, such as computer-intensive jobs, aviation, and industrial settings. Optometrists provide vision assessments, blue light filters, specialized protective eyewear, and vision therapy to enhance performance and reduce eye strain in these settings. The expanding applications of optometry across these patient groups underscore its role in delivering comprehensive, tailored, and preventive eye care for diverse populations.

What Drives Growth in the Optometry Market?

The growth in the optometry market is driven by several factors, including increasing prevalence of vision disorders, aging populations, rising demand for preventive healthcare, and advancements in eye care technology. One of the primary growth drivers is the global rise in refractive errors, such as myopia, which has reached epidemic proportions in many parts of the world, particularly in Asia. As digital screen use increases among both children and adults, conditions like digital eye strain and computer vision syndrome have become more common, prompting greater demand for optometry services and vision correction solutions.

The aging population has further fueled demand for optometry services, as age-related eye conditions like cataracts, glaucoma, and macular degeneration become more prevalent. Older adults require regular eye exams, monitoring, and management to maintain optimal vision and detect early signs of disease. As life expectancy increases globally, optometrists play an essential role in providing routine eye care, managing chronic eye diseases, and offering rehabilitation services like low-vision aids to improve quality of life for seniors.

The growing emphasis on preventive healthcare and regular vision screening has also contributed to market growth. Public awareness campaigns and government initiatives promoting regular eye exams have increased patient visits to optometrists, supporting early detection and treatment of eye conditions. In many countries, optometry services are integrated into primary healthcare systems, making routine vision checks more accessible and encouraging broader participation in preventive eye care.

Advancements in optometry technology, such as digital imaging, AI-powered diagnostic tools, and tele-optometry, have improved the accuracy, efficiency, and reach of optometric care. AI-enhanced diagnostic tools can analyze retinal images, identify early signs of diseases like diabetic retinopathy and glaucoma, and assist optometrists in making faster, more accurate diagnoses. Tele-optometry has expanded access to vision care, enabling optometrists to provide consultations and follow-up services remotely, which is especially valuable in rural or underserved areas.

With ongoing innovations in diagnostic tools, treatment options, and digital healthcare, the optometry market is poised for continued growth. These trends, combined with increasing demand for vision correction, preventive care, and chronic disease management, make optometry a vital component of modern healthcare, supporting better vision outcomes and overall eye health across diverse populations.

SCOPE OF STUDY:

The report analyzes the Optometry market in terms of US$ Million by the following Segment, and Geographic Regions/Countries:

Segments:
Segment (Therapeutics, Vision Care Equipment)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 111 Featured) -
  • Allergan PLC
  • Bausch Health Companies Inc.
  • CooperVision, Inc.
  • Essilor International SA
  • Johnson & Johnson
  • Novartis AG
  • Pfizer, Inc.
  • Vision Care, Inc.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Optometry – Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rising Prevalence of Vision Disorders Drives Optometry Services Demand
Expanding Role in Vision Correction Sets the Stage for Optometry Growth
Increasing Focus on Eye Care Wellness Generates Opportunities
Strong Demand for Contact Lens Fitting Enhances Optometry Scope
Growing Role of Tele-optometry Bodes Well for Market Growth
Increasing Demand for Comprehensive Eye Exams Sets the Stage for Expansion
Advancements in Digital Refraction Propel Market Growth
Use in Geriatric Eye Care Enhances Optometry Market Potential
Increasing Role in Glaucoma Management Drives Optometry Services
Expanding Applications in Diabetic Retinopathy Strengthen Optometry Demand
Use of AI in Vision Screening Sets the Stage for Optometry Growth
Strategic Focus on Eyewear Retail Enhances Optometry Market
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Optometry Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Optometry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 3: World Historic Review for Optometry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 4: World 16-Year Perspective for Optometry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for Therapeutics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 6: World Historic Review for Therapeutics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 7: World 16-Year Perspective for Therapeutics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for Vision Care Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 9: World Historic Review for Vision Care Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 10: World 16-Year Perspective for Vision Care Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
TABLE 11: USA Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 12: USA Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 13: USA 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
CANADA
TABLE 14: Canada Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 15: Canada Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 16: Canada 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
JAPAN
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
TABLE 17: Japan Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 18: Japan Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 19: Japan 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
CHINA
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
TABLE 20: China Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 21: China Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 22: China 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
EUROPE
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
TABLE 23: Europe Recent Past, Current & Future Analysis for Optometry by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 24: Europe Historic Review for Optometry by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 25: Europe 16-Year Perspective for Optometry by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
TABLE 26: Europe Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 27: Europe Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 28: Europe 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
FRANCE
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
TABLE 29: France Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 30: France Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 31: France 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
GERMANY
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
TABLE 32: Germany Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 33: Germany Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 34: Germany 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
ITALY
TABLE 35: Italy Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 36: Italy Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 37: Italy 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
UNITED KINGDOM
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
TABLE 38: UK Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 39: UK Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 40: UK 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
REST OF EUROPE
TABLE 41: Rest of Europe Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 42: Rest of Europe Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 43: Rest of Europe 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
ASIA-PACIFIC
Optometry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
TABLE 44: Asia-Pacific Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 45: Asia-Pacific Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 46: Asia-Pacific 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
REST OF WORLD
TABLE 47: Rest of World Recent Past, Current & Future Analysis for Optometry by Segment - Therapeutics and Vision Care Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 48: Rest of World Historic Review for Optometry by Segment - Therapeutics and Vision Care Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 49: Rest of World 16-Year Perspective for Optometry by Segment - Percentage Breakdown of Value Sales for Therapeutics and Vision Care Equipment for the Years 2014, 2024 & 2030
IV. COMPETITION

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