How big is the astigmatism market today, and what are its future growth expectations?
The astigmatism market size has grown strongly in recent years. It will grow from $3.03 billion in 2024 to $3.22 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to a rise in increasing screen time, a growing prevalence of myopia, advancements in diagnostic technology, expanding access to eye care, and rising awareness of vision correction.
The astigmatism market size is expected to see strong growth in the next few years. It will grow to $4.10 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to the growing adoption of toric lenses, rising demand for laser eye surgery, increasing aging population, rising prevalence of digital eye strain, and expanding healthcare infrastructure. Major trends in the forecast period include advances in AI-powered diagnostics, adoption of premium toric IOLs, development of non-invasive treatment options, advancement in hybrid contact lens technology, and advancement in mobile eye care clinics.
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What have been the primary factors driving the astigmatism market’s growth?
The increasing prevalence of vision impairment is expected to propel the growth of the astigmatism market going forward. Vision impairment is a condition where a person experiences partial or complete loss of eyesight that cannot be fully corrected with glasses, contact lenses, or medical treatment. The growing prevalence of vision impairment is driven by an aging population, increasing diabetes and eye diseases, excessive screen time, and inadequate access to eye care in certain areas. Astigmatism contributes to vision impairment by causing blurred or distorted vision due to an irregular shape of the cornea or lens, which disrupts the proper focus of light on the retina. For instance, in December 2023, according to the United Nations Development Programme (UNDP), a US-based government agency, the number of individuals diagnosed with vision impairments was 19,551 in 2022 compared to 17,478 in 2021. Moreover, over 19,000 new diagnoses have been reported in just the first seven months of 2023. Therefore, the increasing prevalence of vision impairment is driving the growth of the astigmatism market.
What are the key segments within the astigmatism market?
The astigmatism market covered in this report is segmented –
1) By Type: Myopic Astigmatism, Hyperopic Astigmatism, Mixed Astigmatism, Other Types
2) By Treatments: Corrective Lenses, Orthokeratology, Surgeries, Other Treatments
3) By End User: Hospitals, Clinics, Other End Users
Subsegments:
1) By Myopic Astigmatism: Simple Myopic Astigmatism, Compound Myopic Astigmatism, Mixed Myopic Astigmatism
2) By Hyperopic Astigmatism: Simple Hyperopic Astigmatism, Compound Hyperopic Astigmatism, Mixed Hyperopic Astigmatism
3) By Mixed Astigmatism: Compound Mixed Astigmatism, Simple Mixed Astigmatism
4) By Other Types: Regular Astigmatism, Irregular Astigmatism, Congenital Astigmatism, Post-surgical Astigmatism
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Which key players are shaping the astigmatism market?
Major companies operating in the astigmatism market are Johnson & Johnson Services Inc., Novartis AG, EssilorLuxottica SA, Alcon Inc., HOYA Corporation, Bausch + Lomb Incorporated, CooperVision Inc., Carl Zeiss Meditec AG, Santen Pharmaceutical Co. Ltd., Shamir Optical Industry Ltd., STAAR Surgical Company, Menicon Co. Ltd., Rayner Intraocular Lenses Limited, Ophtec BV, SEA VISION S.r.l., SynergEyes Inc., Contamac Ltd., SEED Co. Ltd., Miranza Clínica, Visionary Optics LLC.
How will emerging trends drive the astigmatism market throughout the forecast period?
Major companies operating in the astigmatism market are focusing on developing advanced technologies, such as water gradient technology, to enhance contact lens comfort, improve moisture retention, and provide clearer vision for individuals with astigmatism. Water gradient technology refers to a contact lens design that gradually increases water content from the core to the surface, enhancing moisture retention and comfort. For instance, in January 2023, Alcon Inc., a Switzerland-based pharmaceutical and medical device company, launched TOTAL30 for Astigmatism. This innovative product is the first reusable contact lens made with Water Gradient material, specifically designed for astigmatic wearers. Research highlights that comfort is a key factor in both the lens-wearing experience and customer loyalty.
How do regional factors impact the astigmatism market, and which region is the largest contributor?
North America was the largest region in the astigmatism market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the astigmatism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Astigmatism Market Report 2025 Offer?
The astigmatism market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Astigmatism refers to a refractive error in the eye where the cornea or lens has an irregular shape, causing blurred or distorted vision. It occurs when light entering the eye is not focused properly on the retina, leading to difficulty seeing fine details at any distance.
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