France Prescription Lens Market Size & Outlook, 2023-2030
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France prescription lens market highlights
- The France prescription lens market generated a revenue of USD 1,741.6 million in 2023 and is expected to reach USD 2,455.6 million by 2030.
- The France market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, single vision was the largest revenue generating type in 2023.
- Progressive is the most lucrative type segment registering the fastest growth during the forecast period.
Prescription lens market data book summary
| Market revenue in 2023 | USD 1,741.6 million |
| Market revenue in 2030 | USD 2,455.6 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Single vision |
| Fastest growing segment | Progressive |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bifocal, Trifocal, Progressive, Workspace Progressives, Single Vision |
| Key market players worldwide | Essilorluxottica, ZEISS Group, Hoya Corp, Privé Revaux, Vision Ease Eyewear, Seiko Optical Products, Vision Rx Lab |
Other key industry trends
- In terms of revenue, France accounted for 3.8% of the global prescription lens market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany prescription lens market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,425.5 million by 2030.
Single vision was the largest segment with a revenue share of 27.12% in 2023. Horizon Databook has segmented the France prescription lens market based on bifocal, trifocal, progressive, workspace progressives, single vision covering the revenue growth of each sub-segment from 2018 to 2030.
France accounted for a significant market share in 2020. High healthcare spending ensures access to high-quality, people-centered treatment and healthcare services in the country. Healthcare spending in France is the highest among European countries, which was nearly 11.2% of its GDP in 2018. Efficient reimbursement policies of the country are expected to be the factors driving number of visits to ophthalmic clinics.
Furthermore, presence of major market players based in France, for instance, Essilor— the largest ophthalmic lens manufacturing company that designs or develops programs dedicated to eradication of poor vision across the region—is also expected to drive the market.
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Prescription Lens Market Scope
Prescription Lens Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vision Rx Lab | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.visionrxlab.com/ |
| Seiko Optical Products | View profile | 101-250 | Chuo, Hokkaido, Japan, Asia | https://www.seikovision.com |
| Vision Ease Eyewear | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | https://www.visioneaseeyewear.com |
| Privé Revaux | View profile | 11-50 | New York, New York, United States, North America | https://priverevaux.com |
| Hoya Corp | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| ZEISS Group | View profile | 10001+ | Oberkochen, Baden-Wurttemberg, Germany, Europe | http://www.zeiss.com |
| Essilorluxottica | View profile | 200000 | 147, Rue de Paris, Charenton-Le-Pont, Paris, France, 94220 | https://www.essilorluxottica.com |
France prescription lens market size, by type, 2018-2030 (US$M)
France Prescription Lens Market Share, 2023 & 2030 (US$M)
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