Global Astigmatism Strategies 2025, Forecast To 2034
26 Mar, 2025
What Has Been the Progress and Growth of the Astigmatism Market in Recent Years?
The astigmatism market has seen considerable growth due to a variety of factors.
• Significant growth has been seen in the astigmatism market in the past few years. We anticipate that the market will expand from $3.03 billion in 2024 to $3.22 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.5%.
The surge observed in the historical period can be linked to factors such as increased screen usage time, a climbing incidence of myopia, progress in diagnostic technology, widened reach of eye care facilities, and heightened consciousness about vision correction.
How Does the Forecast Look for the Astigmatism Market?
The astigmatism market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for astigmatism is anticipated to experience robust growth in the upcoming years, growing to a value of $4.10 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 6.2%.
This growth within the forecasted period can be linked to the increased use of toric lenses, a surge in demand for laser eye surgery, a growing elderly population, a higher incidence of digital eye strain and extended healthcare infrastructure. Key trends to watch during the forecast period are the evolution in AI-assisted diagnostics, the adaptation of premium toric IOLs, the emergence of non-invasive treatment methods, the progression in hybrid contact lens technology and development in portable eye care clinics.
What Are The Essential Drivers Behind The Growth Of The Astigmatism Market?
The astigmatism market is poised to grow due to the rising incidence of vision impairment. Vision impairment, a scenario where a person partially or entirely loses the ability to see and cannot be entirely corrected with glasses, contact lenses, or medical procedures, is significantly increasing. This trend is primarily due to an aging population, amplifying cases of diabetes and eye conditions, excessive use of screens, and limited access to eye health services in some regions. Astigmatism exacerbates vision impairment by making the vision blurred or warped because of an abnormal cornea or lens shape, disrupting the light's proper focus on the retina. For example, the United Nations Development Programme (UNDP), a US government agency, reported in December 2023 that the number of vision impairment diagnoses rose to 19,551 in 2022 from 17,478 in 2021. Furthermore, more than 19,000 new diagnoses were recorded only in the first seven months of 2023. Thus, the growing incidence of vision impairment is bolstering the expansion of the astigmatism market.
How Are The Segments Defined Within The Global Astigmatism Market?
The astigmatism market covered in this report is segmented –
1) By Type: Myopic Astigmatism, Hyperopic Astigmatism, Mixed Astigmatism, Other Types
2) By Treatments: Corrective Lenses, Orthokeratology, Surgeries, Other Treatments
3) By End User: Hospitals, Clinics, Other End Users
Subsegments:
1) By Myopic Astigmatism: Simple Myopic Astigmatism, Compound Myopic Astigmatism, Mixed Myopic Astigmatism
2) By Hyperopic Astigmatism: Simple Hyperopic Astigmatism, Compound Hyperopic Astigmatism, Mixed Hyperopic Astigmatism
3) By Mixed Astigmatism: Compound Mixed Astigmatism, Simple Mixed Astigmatism
4) By Other Types: Regular Astigmatism, Irregular Astigmatism, Congenital Astigmatism, Post-surgical Astigmatism
How Are New Trends Expected To Influence The Growth Of The Astigmatism Market?
Leading firms in the astigmatism market are concentrating on innovative advancements such as water gradient technology. This innovation aims to elevate the comfort of contact lenses, bolster moisture maintenance, and offer sharper vision for astigmatism patients. Water gradient technology is a type of lens design where the water content gradually intensifies from the core to the surface, augmenting moisture retention and comfort. For example, in January 2023, Alcon Inc., a pharmaceutical and medical device firm based in Switzerland, introduced TOTAL30 for Astigmatism. This groundbreaking product is the first reusable contact lens constructed from Water Gradient material, designed expressly for people with astigmatism. Studies underscore that comfort strongly influences both the experience of wearing lenses and customer loyalty.
Who Are the Key Players In The Astigmatism Market?
Major companies operating in the astigmatism market are:
• Johnson & Johnson Services Inc.
• Novartis AG
• EssilorLuxottica SA
• Alcon Inc.
• HOYA Corporation
• Bausch + Lomb Incorporated
• CooperVision Inc.
• Carl Zeiss Meditec AG
• Santen Pharmaceutical Co. Ltd.
• Shamir Optical Industry Ltd.
• STAAR Surgical Company
• Menicon Co. Ltd.
• Rayner Intraocular Lenses Limited
• Ophtec BV
• SEA VISION S.r.l.
• SynergEyes Inc.
• Contamac Ltd.
• SEED Co. Ltd.
• Miranza Clínica
• Visionary Optics LLC.
What Is The Most Dominant Region In The Astigmatism Market?
North America was the largest region in the astigmatism market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the astigmatism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.