Australia Eye Care Market Size & Outlook, 2024-2030

The eye care market in Australia is expected to reach a projected revenue of US$ 1,679.8 million by 2030. A compound annual growth rate of 7.4% is expected of Australia eye care market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,104.3
Forecast, 2030 (US$M)
$1,679.8
CAGR, 2025 - 2030
7.4%
Report Coverage
Australia

Australia eye care market highlights

  • The Australia eye care market generated a revenue of USD 1,041.6 million in 2023 and is expected to reach USD 1,679.8 million by 2030.
  • The Australia market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
  • In terms of segment, contact lenses was the largest revenue generating product in 2023.
  • Ocular Health Products is the most lucrative product segment registering the fastest growth during the forecast period.


Eye care market data book summary

Market revenue in 2023USD 1,041.6 million
Market revenue in 2030USD 1,679.8 million
Growth rate7.1% (CAGR from 2023 to 2030)
Largest segmentContact lenses
Fastest growing segmentOcular Health Products
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationContact Lenses, Intraocular Lenses, Ocular Health Products
Key market players worldwideAlcon Inc, Johnson & Johnson, Bausch & Lomb Corp, ZEISS Group, Essilor, CooperVision, Hoya Corp ADR, Rayner Surgical Group, Staar Surgical Co, Novartis AG ADR


Other key industry trends

  • In terms of revenue, Australia accounted for 1.5% of the global eye care market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan eye care market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,492.0 million by 2030.

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Eye Care Market Companies

Name Profile # Employees HQ Website

Australia eye care market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to eye care market will help companies and investors design strategic landscapes.


Contact lenses was the largest segment with a revenue share of 36.23% in 2024. Horizon Databook has segmented the Australia eye care market based on contact lenses, intraocular lenses, ocular health products covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Australia eye care market databook

  • Our clientele includes a mix of eye care market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia eye care market , including forecasts for subscribers. This country databook contains high-level insights into Australia eye care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia eye care market size, by product, 2018-2030 (US$M)

Australia Eye Care Market Outlook Share, 2024 & 2030 (US$M)

Australia eye care market size, by product, 2018-2030 (US$M)

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