Vision Impairment Market
Visual impairment (VI), a condition of reduced visual performance that cannot be treated by refractive correction (glasses or contact lenses), surgery, or medical methods. An irreversible vision loss, a restricted visual field, decreased contrast sensitivity, increased sensitivity to glare, as well as a decreased capacity to perform activities of daily living like reading or writing which are all considered as signs of visual impairment (VI)
Market Dynamics
The increasing prevalence of vision impairment is one of the major factors that drive the market growth. For instance, on October 13, 2022, according to the report published by the World Health Organization, approximately 2.2 billion people have a near or distance vision impairment globally, out of which 1 billion or almost half of these cases are of vision impairment that could have been prevented or has yet to be addressed.
Furthermore, increasing demand for assistive technologies in vision impairment due to the greater prevalence of diseases such as glaucoma, cataract, and macular degeneration may affected with vision impairment across the globe. For instance, in December 2020, according to an article published by Medical Express, an urgent care center, the number of blind persons is expecetd to increase from 36 million in 2020 to 115 million in 2050 as the individuals grow older.
Similarly, in December 2020, according to the report published in Elsevier Inc., an academic publishing company, approximately 295 million people were estimated to have moderate and severe vision impairment in 2020 globally, of whom 163 million were female. On the other hand, 258 million people had mild vision impairment, of whom 142 million were female till November 2020. It is estimated that by 2050, 474 million people will have moderate and severe vision impairment, 360 million people will have mild vision impairment, and 866 million people will have uncorrected presbyopia.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
*Browse 58 market data tables and 53 figures on “Global Vision Impairment Market” - Global forecast to 2030
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