Vision Impairment Market CAGR of 8.60% Forecast 2030

 

  • Increasing Prevalence of Visual Impairment and Blindness

The rising prevalence of visual impairment and blindness is a primary driver of the global visual impairment market's growth. According to the World Health Organization (WHO), at least 1 billion individuals worldwide had a near or far vision impairment in 2019.

  • Increasing Investment in Healthcare Infrastructure

Another significant factor influencing the growth rate of the vision impairment market is the rising healthcare expenditure which helps in improving its infrastructure.

  • Rise in the Demand for Assistive Technologies

Increasing demand for assistive technologies will propel the market’s growth rate. As the prevalence of eye illnesses such as diabetic retinopathy, refractive error, glaucoma, cataract, and age-related macular degeneration rises, so will need for assistive technologies in visual impairment.

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