Prescription Lens Global Market Report 2024

Global Prescription Lens Market Report 2024

Prescription Lens Global Market Report 2024 – By Type (Single Vision, Bifocal, Trifocal, Progressive, Active, Other Types), By Coating (Anti-Reflective, Scratch Resistant Coating, Anti-Fog Coating, Ultraviolet Treatment), By Application (Myopia, Hyperopia Or Hypermetropia, Astigmatism, Presbyopia) – Market Size, Trends, And Global Forecast 2024-2033

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Prescription Lens Global Market Report 2024

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Prescription Lens Global Market Report 2024

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Prescription Lens Market Definition

A prescription lens refers to a customized optical lens designed to correct specific vision problems based on an individual's eye prescription. These lenses are used to correct vision problems associated with certain medical conditions or eye injuries.

The main types of prescription lenses are single-vision, bifocal, trifocal, progressive, active, and others. Single vision is a basic prescription lens provided by government healthcare programs for individuals requiring correction for a single vision issue, such as nearsightedness or farsightedness. It includes various coatings, such as anti-reflective, scratch-resistant coating, anti-fog coating, and ultraviolet treatments, which are used for a variety of applications, such as myopia, hyperopia or hypermetropia, astigmatism, and presbyopia.

Prescription Lens Market Segmentation

The prescription lens market covered in this report is segmented –

1) By Type: Single Vision, Bifocal, Trifocal, Progressive, Active, Other Types

2) By Coating: Anti-Reflective, Scratch Resistant Coating, Anti-Fog Coating, Ultraviolet Treatment

3) By Application: Myopia, Hyperopia Or Hypermetropia, Astigmatism, Presbyopia

Global Prescription Lens Market Size 2023 to 2028: Graph

Prescription Lens Market Size 2024 And Growth Rate

The prescription lens market size has grown strongly in recent years. It will grow from $43.46 billion in 2023 to $46.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased awareness and diagnosis of vision problems, the rise of computers and smartphones has led to greater awareness and demand for lenses, the rise of fashion and designer eyewear, the emergence of online retailers and direct-to-consumer brands has increased, and awareness and diagnosis of vision problems.

Prescription Lens Market Growth Forecast

The prescription lens market size is expected to see strong growth in the next few years. It will grow to $58.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increased public awareness and education about eye health, the growth of online retail channels, economic conditions and disposable income levels, availability and extent of insurance coverage for vision care and eyewear, increased urbanization and prolonged use of digital screens. Major trends in the forecast period include integration of augmented reality (AR) and virtual reality (VR), increasing demand for lenses that filter blue light from screens, advancements in photochromic lenses, improved anti-fog technologies, use of digital eye strain diagnostics and 3D printing.

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Prescription Lens Market Driver: Rising Ophthalmic Disorders Propel The Prescription Lens Market Growth

The increasing incidence of vision impairment is expected to propel the growth of the prescription lens market going forward. Vision impairment refers to conditions affecting the eyes, ranging from common issues such as partial vision loss and blindness to more serious ailments such as macular degeneration. Vision impairment is on the rise due to increased screen time, digital device usage, and aging populations, contributing to conditions such as digital eye strain, myopia, and age-related macular degeneration. Prescription lenses aid in correcting vision impairments such as myopia, hyperopia, astigmatism, and presbyopia by refracting light to focus properly on the retina, improving vision clarity, and reducing strain. For instance, in May 2023, according to a report published by the National Center for Biotechnology Information, a US-based international resource for scientific research, approximately 200 million individuals worldwide experienced age-related macular degeneration (AMD) in 2020. By 2040, it is projected that the number of people affected by the condition will increase to about 288 million. Therefore, the increasing incidence of vision impairment is driving the growth of the prescription lens market.

Global Prescription Lens Market Major Players

Major companies operating in the prescription lens market are Johnson And Johnson Inc., EssilorLuxottica S.A., Carl Zeiss AG, Seiko Optical Products Co. Ltd., Alcon, Hoya Corporation, Nikon Corporation, Bausch And Lomb Incorporated, The Cooper Companies, Safilo Group S.p.A, Marchon Eyewear Inc., Rodenstock GmbH, Menicon Co. Ltd., Warby Parker Inc., Norville Group Ltd, De Rigo Vision S.p.A., ABB Optical Group, Walman Optical, Oakley Inc., Younger Optics, Maui Jim Inc., Charmant Group Inc., Thom Browne Eyewear LLC, Vision Ease Corporation, Zenni Optical LLC

Global Prescription Lens Market Trend: Innovative Solutions Revolutionize The Prescription Lens Market

Major companies operating in the prescription lens market are developing myopia management spectacle lenses to address the growing need for effective myopia control in children. Myopia management spectacle lenses are specialized glasses designed to slow the progression of myopia (nearsightedness) in children and young adults. For instance, in November 2023, Shamir Optical Industry, an Israel-based manufacturer of optical lenses for eyeglasses launched Shamir Optimee, a new myopia management spectacle lens designed to address the growing need for effective myopia management, especially in children. This innovative lens integrates Shamir Focusflow's next-generation defocus technology, providing a clear central vertical zone with the child's prescription, allowing for flexible eye movement during near-vision activities.

Prescription Lens Market Merger And Acquisition: Meta Acquired Luxexcel To Enhance AR Or VR Wearables With 3D-Printed Prescription Lenses

In December 2022, Meta Platforms Inc., a US-based company engaged in information technology, acquired Luxexcel for an undisclosed amount. With this acquisition, Meta aims to integrate Luxexcel's advanced 3D printing technology for prescription lenses into Meta's augmented reality (AR) and virtual reality (VR) products, enhancing the development of AR or VR wearables with customized lenses for an optimal user experience. Luxexcel is a Netherlands-based company specializing in developing 3D-printed prescription lenses for smart glasses.

Regional Insights For The Global Prescription Lens Market

North America was the largest region in the prescription lens market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the prescription lens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the prescription lens market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The prescription lens market consists of sales of products such as UV (ultraviolet) protection lenses, aspheric lenses, trivex lenses, polycarbonate lenses, and blue light-blocking lenses. 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.

The prescription lens market research report is one of a series of new reports from The Business Research Company that provides prescription lens market statistics, including prescription lens industry global market size, regional shares, competitors with a prescription lens market share, detailed prescription lens market segments, market trends, and opportunities, and any further data you may need to thrive in the prescription lens industry. This prescription lens 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.

Prescription Lens Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$46.09 billion
Revenue Forecast In 2033	$58.62 billion
Growth Rate	CAGR of 6.2% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Single Vision, Bifocal, Trifocal, Progressive, Active, Other Types 2) By Coating: Anti-Reflective, Scratch Resistant Coating, Anti-Fog Coating, Ultraviolet Treatment 3) By Application: Myopia, Hyperopia Or Hypermetropia, Astigmatism, Presbyopia
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Johnson And Johnson Inc., EssilorLuxottica S.A., Carl Zeiss AG, Seiko Optical Products Co. Ltd., Alcon, Hoya Corporation, Nikon Corporation, Bausch And Lomb Incorporated, The Cooper Companies, Safilo Group S.p.A, Marchon Eyewear Inc., Rodenstock GmbH, Menicon Co. Ltd., Warby Parker Inc., Norville Group Ltd, De Rigo Vision S.p.A., ABB Optical Group, Walman Optical, Oakley Inc., Younger Optics, Maui Jim Inc., Charmant Group Inc., Thom Browne Eyewear LLC, Vision Ease Corporation, Zenni Optical LLC
Customization Scope	Request for Sample
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1. Executive Summary

2. Prescription Lens Market Characteristics

3. Prescription Lens Market Trends And Strategies

4. Prescription Lens Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Prescription Lens Market Size and Growth

5.1. Global Prescription Lens Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Prescription Lens Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Prescription Lens Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Prescription Lens Market Segmentation

6.1. Global Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Single Vision

Bifocal

Trifocal

Progressive

Active

Other Types

6.2. Global Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Anti-Reflective

Scratch Resistant Coating

Anti-Fog Coating

Ultraviolet Treatment

6.3. Global Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Myopia

Hyperopia Or Hypermetropia

Astigmatism

Presbyopia

7. Prescription Lens Market Regional And Country Analysis

7.1. Global Prescription Lens Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Prescription Lens Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Prescription Lens Market

8.1. Asia-Pacific Prescription Lens Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Prescription Lens Market

9.1. China Prescription Lens Market Overview

9.2. China Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Prescription Lens Market

10.1. India Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Prescription Lens Market

11.1. Japan Prescription Lens Market Overview

11.2. Japan Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Prescription Lens Market

12.1. Australia Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Prescription Lens Market

13.1. Indonesia Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Prescription Lens Market

14.1. South Korea Prescription Lens Market Overview

14.2. South Korea Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Prescription Lens Market

15.1. Western Europe Prescription Lens Market Overview

15.2. Western Europe Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Prescription Lens Market

16.1. UK Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Prescription Lens Market

17.1. Germany Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Prescription Lens Market

18.1. France Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Prescription Lens Market

19.1. Italy Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Prescription Lens Market

20.1. Spain Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Prescription Lens Market

21.1. Eastern Europe Prescription Lens Market Overview

21.2. Eastern Europe Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Prescription Lens Market

22.1. Russia Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Prescription Lens Market

23.1. North America Prescription Lens Market Overview

23.2. North America Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Prescription Lens Market

24.1. USA Prescription Lens Market Overview

24.2. USA Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Prescription Lens Market

25.1. Canada Prescription Lens Market Overview

25.2. Canada Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Prescription Lens Market

26.1. South America Prescription Lens Market Overview

26.2. South America Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Prescription Lens Market

27.1. Brazil Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Prescription Lens Market

28.1. Middle East Prescription Lens Market Overview

28.2. Middle East Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Prescription Lens Market

29.1. Africa Prescription Lens Market Overview

29.2. Africa Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Prescription Lens Market Competitive Landscape And Company Profiles

30.1. Prescription Lens Market Competitive Landscape

30.2. Prescription Lens Market Company Profiles

30.2.1. Johnson And Johnson Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. EssilorLuxottica S.A.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Carl Zeiss AG

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Seiko Optical Products Co. Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Alcon

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Prescription Lens Market Other Major And Innovative Companies

31.1. Hoya Corporation

31.2. Nikon Corporation

31.3. Bausch And Lomb Incorporated

31.4. The Cooper Companies

31.5. Safilo Group S.p.A

31.6. Marchon Eyewear Inc.

31.7. Rodenstock GmbH

31.8. Menicon Co. Ltd.

31.9. Warby Parker Inc.

31.10. Norville Group Ltd

31.11. De Rigo Vision S.p.A.

31.12. ABB Optical Group

31.13. Walman Optical

31.14. Oakley Inc.

31.15. Younger Optics

32. Global Prescription Lens Market Competitive Benchmarking

33. Global Prescription Lens Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Prescription Lens Market

35. Prescription Lens Market Future Outlook and Potential Analysis

35.1 Prescription Lens Market In 2028 - Countries Offering Most New Opportunities

35.2 Prescription Lens Market In 2028 - Segments Offering Most New Opportunities

35.3 Prescription Lens Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Prescription Lens Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Prescription Lens Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Johnson And Johnson Inc. Financial Performance

Table 75: EssilorLuxottica S.A. Financial Performance

Table 76: Carl Zeiss AG Financial Performance

Table 77: Seiko Optical Products Co. Ltd. Financial Performance

Table 78: Alcon Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Prescription Lens Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Prescription Lens Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Prescription Lens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Prescription Lens Market, Segmentation By Coating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Prescription Lens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Johnson And Johnson Inc. Financial Performance

Figure 75: EssilorLuxottica S.A. Financial Performance

Figure 76: Carl Zeiss AG Financial Performance

Figure 77: Seiko Optical Products Co. Ltd. Financial Performance

Figure 78: Alcon Financial Performance

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Frequently Asked Questions

What is the definition of the market?

How will the market drivers and restraints affect the market dynamics? What forces will shape the industry going forward?

The market major growth driver - The prescription lens market size has grown strongly in recent years. It will grow from $43.46 billion in 2023 to $46.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased awareness and diagnosis of vision problems, the rise of computers and smartphones has led to greater awareness and demand for lenses, the rise of fashion and designer eyewear, the emergence of online retailers and direct-to-consumer brands has increased, and awareness and diagnosis of vision problems. The prescription lens market size is expected to see strong growth in the next few years. It will grow to $58.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increased public awareness and education about eye health, the growth of online retail channels, economic conditions and disposable income levels, availability and extent of insurance coverage for vision care and eyewear, increased urbanization and prolonged use of digital screens. Major trends in the forecast period include integration of augmented reality (AR) and virtual reality (VR), increasing demand for lenses that filter blue light from screens, advancements in photochromic lenses, improved anti-fog technologies, use of digital eye strain diagnostics and 3D printing.. For further insights on the market, request a sample here

What is the forecast market size or the forecast market value of the market?

The prescription lens market size has grown strongly in recent years. It will grow from $43.46 billion in 2023 to $46.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased awareness and diagnosis of vision problems, the rise of computers and smartphones has led to greater awareness and demand for lenses, the rise of fashion and designer eyewear, the emergence of online retailers and direct-to-consumer brands has increased, and awareness and diagnosis of vision problems. The prescription lens market size is expected to see strong growth in the next few years. It will grow to $58.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increased public awareness and education about eye health, the growth of online retail channels, economic conditions and disposable income levels, availability and extent of insurance coverage for vision care and eyewear, increased urbanization and prolonged use of digital screens. Major trends in the forecast period include integration of augmented reality (AR) and virtual reality (VR), increasing demand for lenses that filter blue light from screens, advancements in photochromic lenses, improved anti-fog technologies, use of digital eye strain diagnostics and 3D printing. For further insights on the market, request a sample here

How is the market segmented?

The market is segmented
1) By Type: Single Vision, Bifocal, Trifocal, Progressive, Active, Other Types
2) By Coating: Anti-Reflective, Scratch Resistant Coating, Anti-Fog Coating, Ultraviolet Treatment
3) By Application: Myopia, Hyperopia Or Hypermetropia, Astigmatism, PresbyopiaFor further insights on the market, request a sample here

Which region has the largest share of the market? What are the other regions covered in the report?

North America was the largest region in the prescription lens market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the prescription lens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the market, request a sample here.

What are the key trends in the market?

Major trend in the market - Innovative Solutions Revolutionize The Prescription Lens Market. For further insights on the market, request a sample here.

What are the major opportunities in the market? What are the strategies for the market?

For detailed insights on the major opportunities and strategies in the market, request a sample here.

How does the market relate to the overall economy and other similar markets?

For detailed insights on market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the industry?

For detailed insights on the mergers and acquisitions in the industry, request a sample here.

What are the key dynamics influencing the market growth? SWOT analysis of the market.

For detailed insights on the key dynamics influencing the market growth and SWOT analysis of the industry, request a sample here.