Ophthalmic Lenses Market By Type (ADC Ophthalmic Lenses, PC Ophthalmic Lenses, PU Ophthalmic Lenses, Acrylic Ophthalmic Lenses, and Epoxy Ophthalmic Lenses), By Applications (Corrective Lenses, Sunglasses Lenses, and Intraocular Cataract Lenses), and By Region - Trends, Analysis and Forecast till 2034

The rise in visual disorders brought on by regular use of smart devices is propelling market expansion. As a result, it is anticipated that the market for ophthalmic lenses would grow due to the increasing prevalence of visual disorders like myopia, hyperopia, astigmatism, and presbyopia. Over 2.2 billion people worldwide, according to the World Health Organization, have near- or far-sighted visual impairments.

Among these one billion people, cataracts (94 million), refractive error (88.4 million), age-related macular degeneration (8 million), glaucoma (7.7 million), and diabetic retinopathy (3.9 million) are the most common conditions that impair distant vision or result in blindness. Near vision impairment is most commonly caused by presbyopia (826 million cases).

Only 36% of people worldwide who have refractive error-related distance vision impairment and 17% who have cataract-related vision impairment receive efficient medical interventions. Manufacturers of lenses have been compelled by the growing demand to create environmentally friendly products with enhanced vision correction effectiveness.