Single Vision Lenses Market Summary
Single vision lenses have just one prescription, distributing focus evenly over the entire surface of the lens. They are particularly suitable for correcting myopia (nearsightedness), hyperopia (farsightedness), astigmatism and so on.
According to the new market research report “Global Single Vision Lenses Market Report 2024-2030”, published by QYResearch, the global Single Vision Lenses market size is projected to reach USD 15.62 billion by 2030, at a CAGR of 6.0% during the forecast period.
- Global Single Vision Lenses MarketSize(US$ Million), 2019-2030
Above data is based on report from QYResearch: Global Single Vision Lenses Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global Single Vision Lenses Top10 Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Single Vision Lenses Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Single Vision Lenses include EssilorLuxottica, ZEISS, etc.
In 2023, the global top three players had a share approximately 68.0% in terms of revenue.
- Single Vision Lenses,Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Single Vision Lenses Market Report 2024-2030.
In terms of product type, Polycarbonate Single Vision Lenses is the largest segment, hold a share of 47.7%,
- Single Vision Lenses,Global Market Size, Split by ApplicationSegment
Based on or includes research from QYResearch: Global Single Vision Lenses Market Report 2024-2030.
In terms of product application, currently Myopia is the largest segment, hold a share of 58.7%.
- Single Vision Lenses,Global Market Size, Split by Region (Production)
Based on or includes research from QYResearch: Global Single Vision Lenses Market Report 2024-2030.
- Single Vision Lenses,Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Single Vision Lenses Market Report 2024-2030.
Market Drivers:
Technological innovation: With the continuous advancement of science and technology, the manufacturing process and material technology of single-vision lenses have been continuously improved, making the products lighter, thinner, and more transparent, improving comfort and visual effects.
Popularization of vision problems: With the attention paid to health and the improvement of living standards, the awareness of eye health has gradually increased, and the demand for diagnosis and correction of vision problems has continued to increase, which has promoted the development of the single-vision lens market.
Population aging trend: With the increasing degree of population aging, the incidence of vision problems among the elderly has increased, and the demand for vision correction products has also increased, further promoting the development of the single-vision lens market.
Changes in lifestyle: Modern people’s lifestyles are increasingly dependent on electronic products. The fatigue and visual problems caused by long-term use of electronic devices have increased the demand for single-vision lenses.
Restraint:
Lens price pressure: The manufacturing of single-vision lenses requires high costs, including material costs, technical inputs and production costs, etc., and the market competition is fierce, and the price competition pressure is relatively large, which restricts the profitability and development space of enterprises.
Fierce market competition: The single-vision lens market is highly competitive, not only with domestic and foreign brands, but also with different sales channels such as traditional optical stores and online optical stores. Enterprises need to continuously improve product quality and service levels, as well as conduct marketing and brand promotion, in order to stand out in the fierce competition.
Long technological innovation cycle: The R&D and technological innovation cycle of single-vision lenses is long, requiring high capital investment and time accumulation, and the market’s requirements for product performance and quality are constantly improving, which puts higher requirements on the technical strength and R&D capabilities of enterprises.
Insufficient consumer awareness: Some consumers have insufficient awareness of the functions and effects of single-vision lenses, and do not pay enough attention to eye health, which affects the market popularization and sales promotion of products.
Opportunity:
Driven by technological innovation: With the continuous development of science and technology, the application of new materials and new processes will bring about the improvement of the performance of single-vision lens products and the reduction of costs. For example, lighter and thinner lens materials, personalized customized designs, etc. will bring more development opportunities to the industry.
Market demand growth: With people’s attention to vision health and the increase in the aging population, the demand for single-vision lenses will continue to grow, especially in the digital lifestyle, the increased pressure on the eyes caused by long-term use of electronic products will stimulate the development of the single-vision lens market.
Demand for personalized customization: Consumers’ demand for product personalization and customization is increasing. The single-vision lens industry can meet the needs of different consumers and expand its market share by providing personalized customization services.
Health care policy support: The government’s policy support for eye health care and the expansion of medical insurance coverage will promote the application of single-vision lenses in the medical field and expand market space.
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