Global Low Vision Aids market will reach 620.36 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/8

The global low vision aids market will be driven by the rising occurrences of the low vision condition. Growing focus of the companies on the development of the advanced devices will boost the growth of the market in the coming years. Increasing prevalence of chronic diseases such as diabetes is the main cause of low vision among people. The growing elderly population is also estimated to be the driving factor of the global low vision aids market during the forecast period. In addition, technological advancements and the development of easy to use devices for vision correction are expected to augment the growth of the market in the near future.

The analysts predict that the global low vision aids market is likely to reach US$620.36 mn by 2025 from US$401.05 mn in 2018. The market will register a CAGR of 6.38% during the anticipated period.

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