From Glasses to Lasik: The Evolving Vision Correction Industry

Vision Correction Market

Vision correction refers to the various methods used to treat visual impairments and improve visual acuity. It encompasses various procedures, devices, and treatments that are used to correct refractive errors, such as nearsightedness (myopia), farsightedness (hyperopia), astigmatism, and presbyopia. Some of the most common methods of vision correction include eyeglasses, contact lenses, refractive surgery (such as LASIK and PRK), and vision therapy.

According to the report published by Allied Market Research, the Global Vision Correction Market Size generated USD 20.30 billion in 2021 and is estimated to reach USD 41.25 billion by 2031, witnessing a CAGR of 7.4% from 2022 to 2031.

What are the types of vision correction?

Vision correction refers to various methods used to improve visual acuity and correct vision problems such as nearsightedness (myopia), farsightedness (hyperopia), astigmatism and presbyopia. The main types of vision correction include:

  • Glasses: Spectacles or glasses with corrective lenses can correct refractive errors of the eye.
  • Contact lenses: Soft or gas-permeable contact lenses can be worn to correct vision problems.
  • Refractive surgery: Surgical procedures such as LASIK, PRK, LASEK, and ICL can reshape the cornea to correct vision problems.
  • Orthokeratology (Ortho-K): Non-surgical procedure that uses special contact lenses to temporarily reshape the cornea.
  • Vision therapy: Non-surgical techniques, such as eye exercises, to improve visual function and correct vision problems.
  • Therapeutic and low vision devices: Devices such as magnifying lenses, telescopes, and video magnifiers can improve visual function in patients with low vision.

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What are the Top Key Players In the vision correction Market?

What are the Factors that Drive the vision correction Market?

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