From GlobeNewswire: 2025-06-20 10:00:00

The global ophthalmic equipment market was valued at USD 52.5 billion in 2024, with an expected CAGR of 5.4% from 2025 to 2030. The US leads the market and is projected to maintain this position with a 5.5% CAGR. Growth is driven by increasing eye disorders, technological advancements, and rising awareness of eye health.

The Vision Care segment dominates the market due to the high incidence of eye conditions and innovations in corrective eyewear. The cataract segment holds the largest share by application, fueled by advanced surgical instruments and increasing awareness. North America is the fastest-growing market, investing in cutting-edge technology for preventive care and vision restoration.

Key players in the ophthalmic equipment market include EssilorLuxottica, Hoya Corporation, and Carl Zeiss Vision. Their products offer advanced technologies, customization features, and UV/blue light protection. Revenues in 2024 for Vision Care segment were USD 22.55 billion, Life Care segment USD 3.6 billion, and Medical technology segment USD 3 billion.

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Read more at GlobeNewswire: Ophthalmic Equipment Market to Grow at a CAGR of 5.4% (2025