Market revenue in 2023 | USD 1,741.6 million |
Market revenue in 2030 | USD 2,455.6 million |
Growth rate | 5% (CAGR from 2023 to 2030) |
Largest segment | Single vision |
Fastest growing segment | Progressive |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Bifocal, Trifocal, Progressive, Workspace Progressives, Single Vision |
Key market players worldwide | Essilorluxottica, ZEISS Group, Hoya Corp, Privé Revaux, Vision Ease Eyewear, Seiko Optical Products, Vision Rx Lab |
Single vision was the largest segment with a revenue share of 27.12% in 2023. Horizon Databook has segmented the France prescription lens market based on bifocal, trifocal, progressive, workspace progressives, single vision covering the revenue growth of each sub-segment from 2018 to 2030.
France accounted for a significant market share in 2020. High healthcare spending ensures access to high-quality, people-centered treatment and healthcare services in the country. Healthcare spending in France is the highest among European countries, which was nearly 11.2% of its GDP in 2018. Efficient reimbursement policies of the country are expected to be the factors driving number of visits to ophthalmic clinics.
Furthermore, presence of major market players based in France, for instance, Essilor— the largest ophthalmic lens manufacturing company that designs or develops programs dedicated to eradication of poor vision across the region—is also expected to drive the market.
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