Optical instruments and lenses are essential components used in various industries such as healthcare, astronomy, manufacturing and consumer electronics. Optical lenses are used in microscopes, telescopes, cameras, eyeglasses, and other instruments to refract light in a way to enhance visual clarity or enable magnification. Advancements in nanotechnology have enabled the development of aspheric and corrective lenses with improved aberration correction providing clearer images. Rapid digitization and growing preference for high-resolution imaging have boosted the demand for enhanced optical components in smartphones and cameras.

The Global Optical Instrument And Lens Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The global optical instrument and lens Market was valued at US$ 29.8 Bn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030.

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