The report gives a 360-degree view of the market by covering PESTLE and porter’s five forces analysis. technology spectacle lenses are next-generation myopic control technologies with promising results. The Defocus Incorporated Multiple Segments (DIMS) and Highly Aspherical Lens let Target or H.A.L.T. The aspherical lens lets (1.1mm in diameter) generate a volume of myopic defocus in front of the retina ranging from 1.2mm to 1.9mm. The report provides an in-depth analysis of the market covering factors influencing the market growth and opportunity such as correction technology for myopia control, and the use of spectacle lenses with highly aspherical lens lets has boosted recent developments in myopia management technology (HAL). The report provides inclusive research of the global spectacle lens market within 16 chapters, totaling 239 pages, 89 extensive data tables, and 130 figures. The report provides a detailed and comprehensive study of the global spectacle lens market covering the covid-19 impact on the market and its recovery. Census Department, the population group of elderly people with vision loss and other eye-related disorders like glaucoma, cataract, and diabetic retinopathy is significantly growing among the elderly population is expected to reach 83.7 million by 2050.
Vision impairment might have been avoided or corrected in at least 1 billion – or nearly half – of these cases, with the majority of those affected being above the age of 50. Near or far vision impairment affects at least 2.2 billion people worldwide, according to the World Health Organization (WHO). The lens edger can customize lenses to make them appealing to customers. Furthermore, the increasing cases of eye disorders among the elderly population are driving the need and use of lens edgers optometrists can design and produce glasses within hours. Nowadays, customers mostly prefer UV or blue light protection glasses that look both fashionable and trendy. In the past few years, there has been an increase in consumer disposable income has resulted in the increased purchase of eyeglasses. The global spectacle lens market growth is supported by the increase in the demand for fashionable eyeglasses among customers. The market is growing at a CAGR of 5.5% in terms of value and 5.3% in terms of volume over the forecast period (2022-2030). According to the study by Astute Analytica, the global spectacle lens market is anticipated to register a revenue of US$ 88.25 Million and 520 million units in terms of volume by the year 2030 the market was valued at US$ 57.36 Million in the year 2021.