Japan Prescription Lens Market Size & Outlook, 2023-2030
Japan prescription lens market, 2018-2030 (US$M)
Related Markets
Japan prescription lens market highlights
- The Japan prescription lens market generated a revenue of USD 2,125.5 million in 2023 and is expected to reach USD 3,565.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, single vision was the largest revenue generating type in 2023.
- Progressive is the most lucrative type segment registering the fastest growth during the forecast period.
Prescription lens market data book summary
| Market revenue in 2023 | USD 2,125.5 million |
| Market revenue in 2030 | USD 3,565.2 million |
| Growth rate | 7.7% (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 |
Other key industry trends
- In terms of revenue, Japan accounted for 4.6% of the global prescription lens market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China prescription lens market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,463.2 million by 2030.
Single vision was the largest segment with a revenue share of 27.09% in 2023. Horizon Databook has segmented the Japan prescription lens market based on bifocal, trifocal, progressive, workspace progressives, single vision covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of Japan prescription lens treatment market over the forecast period is expected to be a result of rapidly increasing aging population. As per 2018 World Bank Group report, 27.47% of the total population of Japan is aged 65 years and above, and this is expected to increase over the forecast period, with improving life expectancy & decreasing birth rate.
According to the NCBI, the prevalence of presbyopia in Japan was anticipated to be 83% among individuals in the age group of 45 years and above. As per the above data, approximately 2 crores of the Japanese population were estimated to suffer from presbyopia, which is expected to increase the demand for treatment options such as bifocal lenses, progressive lenses, and other surgical procedures, driving market growth.
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Prescription Lens Market Scope
Prescription Lens Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan prescription lens market size, by type, 2018-2030 (US$M)
Japan Prescription Lens Market Share, 2023 & 2030 (US$M)
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