2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Factors Are Propelling the Market Growth of theSingle Vision Lenses Market from 2025 to 2034?

The rising prevalence of myopia is expected to propel the single vision lenses market. Myopia, or nearsightedness, is becoming more common due to increased screen time and aging populations. Single vision lenses correct myopia by improving distance vision. In September 2024, the BMJ Publishing Group reported that over 36% of children and adolescents worldwide are affected by myopia. This growing prevalence is supporting the single vision lenses market.

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#What Growth Opportunities Will Drive the Single Vision Lenses Market’s CAGR Through 2034?

The single vision lenses market has seen steady growth in recent years. It will rise from $7.03 billion in 2024 to $7.37 billion in 2025, with a compound annual growth rate (CAGR) of 4.8%. This growth is attributed to new material developments, the introduction of digital lens designs, advances in surgical techniques, and increasing medical tourism for vision correction surgeries.

The single vision lenses market will reach $8.75 billion by 2029, growing at a CAGR of 4.4%. Growth is driven by the need for protective eyewear, UV and blue light awareness, and improved healthcare facilities. Trends include presbyopia-correcting lenses, telehealth services, and policies promoting vision care.

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How Are Market Trends and Innovations Revolutionizing theSingle Vision Lenses Industry in Recent Times?

Major companies in the single vision lenses market are focusing on developing advanced lenses, such as those with 360° visual clarity, to improve vision precision. For instance, in September 2022, HOYA Corporation, a Japan-based optical company, launched MySV single-vision lenses with 360° Visual Comfort. These lenses provide comprehensive focus across all angles and are designed to enhance the wearer’s comfort and clarity during daily activities.

Which Key Market Players Are Shaping the Future and Growth of theSingle Vision Lenses Market?

Major companies operating in the single vision lenses market are Essilor Luxottica, Hoya Corporation, Nikon Corporation, Carl Zeiss AG, Johnson & Johnson Vision, Rodenstock GmbH, Shamir Optical Industry Ltd., Norville, Leica Camera AG, Vision-Ease Lens, Younger Optics Asia Pacific Ltd., iCoat Company LLC, Seiko Optical Products Co. Ltd., GKB Optic Technologies Pvt. Ltd., Optiswiss AG, KODAK Lens, Augen Optics, Opticote Inc., Tokai Optical Co. Ltd., Shanghai Conant Optics Co. Ltd., Jiangsu Aogang Optical Glasses Co. Ltd., Central Optical Co. Ltd.

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What Are the Core Segments of the Single Vision Lenses Market, and How Do They Contribute to Growth?

The single vision lenses market covered in this report is segmented –

1) By Type: Spherical, Aspherical, Freeform

2) By Material: Glass, Polycarbonate, Other Material Types

3) By Age Group: Less Than 18 Years, Greater Than Or Equal To 18 Years And Less Than 40 Years, Greater Than Or Equal To 40 Years

4) By Application: Hyperopia (Farsightedness), Myopia (Nearsightedness), Astigmatism, Presbyopia

Subsegments:

1) By Spherical: Standard Spherical Lenses, High-Index Spherical Lenses

2) By Aspherical: High-Index Aspherical Lenses, Polycarbonate Aspherical Lenses

3) By Freeform: Customized Freeform Lenses, Digital Freeform Lenses

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What Regions Are Dominating the Single Vision Lenses Market Growth?

North America was the largest region in the single vision lenses market in 2024. The regions covered in the single vision lenses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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