The global Optical Instrument And Lens Market Size is expected to witness high growth over the forecast period of 2023-2030. The market size for 2023 is estimated at US$ 29.8 Bn and is projected to grow at a CAGR of 4.7% through 2030.

The global optical instruments and lens market include a wide range of instruments used to examine eyes and correct refractive errors such as myopia, hyperopia, and astigmatism. Products associated with this market include cameras, binoculars, microscopes, telescopes and lenses. Optical instruments help detect eye disorders such as cataracts, glaucoma and retinal issues early on. The increasing prevalence of eye diseases owing to rising pollution levels and growing geriatric population is driving demand for optical instruments