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The Advancing Prescription Lens Market: Technology and the Digital Lifestyle
Description: This post delves into the global Prescription Lens Market, highlighting the key drivers of its steady expansion, including the rising incidence of refractive errors, the aging population, and the pivotal role of advanced lens technologies designed to combat digital eye strain.
The global Prescription Lens Market is poised for substantial growth, driven primarily by fundamental demographic shifts and the pervasive integration of digital technology into daily life. Valued at approximately USD 50 billion in 2024, the market is projected to reach over USD 80 billion by 2034, expanding at a CAGR of roughly 5.2% to 5.6%. The main driver is the escalating global prevalence of refractive errors—most notably myopia (nearsightedness)—among younger populations due to increased screen time and indoor lifestyles, coupled with the rising incidence of presbyopia in the rapidly growing aging demographic. As a result, the demand for corrective…