Vietnam Myopia Market Size, Growth Rate, and Competitive Analysis
Vietnam Myopia Market was valued at approximately USD 348.2 million, exhibiting a CAGR of 6.6% in 2024 and is projected to reach nearly USD 573.2 million by 2031, expanding at a CAGR of 7.5% during 2025–2031.
Here is the list of top companies in the Vietnam Myopia Market
- EssilorLuxottica - Dominal the Vietnam market for myopia, EssilorLuxottica leverages leading power brands such as Essilor, Crizal, and Varilux to have wide retail partnerships.
- Johnson & Johnson - Ranked second, Johnson & Johnson leveraged impressive sales of their Acuvue myopia-control and daily contact lenses to position themselves second in myopia in Vietnam.
- Hoya Corporation - Expanded their portfolio through innovations in both lens offerings and brand development of unique vision correction products.
- CooperVision (The Cooper Companies) - Built their market presence with myopia-control innovation with specialty contact lenses.
Topics Covered in the Vietnam Myopia Market Report
Vietnam Myopia Market Report thoroughly covers the market by type, treatment, therapeutic route of administration, distribution channel and end user. The Vietnam Myopia Market Outlook report provides an unbiased and detailed analysis of the ongoing Vietnam Myopia Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
Vietnam Myopia Market Synopsis
Between 2021 and 2024, the Vietnam Myopia Market underwent a transformation driven by digitalization, urbanization, and stronger health initiatives. Internet penetration and mobile usage surged, with several users accessing the internet via mobile phones and average daily screen time exceeding, largely fueled by the rise of online learning among students and widespread adoption of social media. The urban population increased from 2021 to 2024, reflecting lifestyle changes marked by intensive schooling, reduced outdoor exposure, and higher near-work activity - key contributors to rising myopia prevalence.
Government efforts such as the National Strategy for the Prevention of Blindness (Vision 2030) and the Healthy Eyes – Bright Future programme promoted early screening and preventive eye care, while health expenditure rose and the medical device market also expanded, improving diagnostic and treatment capacity. Collectively, these shifts established the Vietnam Myopia Market during 2021–2024 as a digitally accelerated, policy-supported, and high-growth ecosystem with surging demand for corrective and preventive eye-care solutions.
According to 6Wresearch, the Vietnam Myopia Market is projected to grow at a CAGR of 7.5% in revenues during 2025–31F, driven by rising digital engagement, urbanization, and strong policy support. The rollout of the National Digital Transformation Strategy and increased e-learning participation among students would heighten screen exposure, fueling demand for corrective and preventive eye-care solutions.
The urban population, projected to exceed by 2030, will reinforce sedentary, screen-intensive lifestyles, while the revised Health Insurance Law and the Healthy Eyes – Bright Future programme would expand early screening and affordable treatment coverage for millions of children. With healthcare spending and medical device growth expected to reach more by 2030. Vietnam Myopia Market is evolving into a digitally driven, policy-supported ecosystem focused on preventive, accessible, and technology-led vision care.
Evaluation of Growth Drivers in the Vietnam Myopia Market
Below mentioned are some major drivers and their impacts on the market dynamics:
| Drivers | Primary Segments Affected | Why it Matters (Evidence) |
| Rise in Screen Time & Digital Device Use | Corrective Lenses, Eye Care Centers | Widespread use of smartphones, laptops, and tablets is contributing to a rise in myopia cases, proliferating demand for corrective lenses. |
| Increasing Healthcare Awareness | Eye Care Centers, Hospitals | Rising awareness about the importance of eye health is leading to increased demand for myopia diagnosis. |
| Advancements in Treatment Options | Corrective Lenses, Ortho K Lenses, Injectable Products | Technologies in corrective lenses, such as Ortho-K lenses and injectable treatments, offer effective solutions for myopia correction. |
| Government Healthcare Initiatives | Hospitals, Specialty Clinics | Government programs aimed at improving access to healthcare services are augmenting market growth by making treatments more affordable. |
| Rising Geriatric Population | Eye Care Centers, Specialty Clinics | Due to growing aging population, there is an increasing need for myopia management among older adults. |
Evaluation of Restraints in the Vietnam Myopia Market
Below mentioned are some major restraints and their influence on the market dynamics:
| Restraints | Primary Segments Affected | What this Means (Evidence) |
| High Treatment Costs | Corrective Lenses, Injectable Treatments | Rising high cost of advanced treatments curbs accessibility for a large segment of the population. |
| Lack of Infrastructure in Rural Areas | Hospitals, Specialty Clinics | Inadequate eye care services in rural regions is impeding the widespread treatment of myopia in these areas. |
| Limited Awareness in Remote Areas | Eye Care Centers, Specialty Clinics | Despite growing awareness, there are still regions in Vietnam where eye care services are insufficient, limiting market penetration. |
| Regulatory Barriers | Hospitals, Pharmacies | Strict regulations around the approval of new treatments and devices may delay market entry. |
Top 5 Leading Players in the Vietnam Myopia Market
Some leading players contributing to the Vietnam Myopia Market growth:
1. Johnson & Johnson
| Company Name | Johnson & Johnson |
|---|---|
| Established Year | 1981 |
| Headquarters | New Brunswick, USA |
| Official Website | Click Here |
Johnson & Johnson is a leader in eye care products such as corrective lenses and myopia control products, contributing to the growth of the Vietnam Myopia Market.
2. Essilor International
| Company Name | Essilor International |
|---|---|
| Established Year | 1849 |
| Headquarters | Charenton-le-Pont, France |
| Official Website | Click Here |
Essilor provides a wide range of optical products, including myopia management lenses and eye care solutions.
3.Carl Zeiss Vision
| Company Name | Carl Zeiss Vision |
|---|---|
| Established Year | 1846 |
| Headquarters | Oberkochen, Germany |
| Official Website | Click Here |
Carl Zeiss Vision is known for its high-quality lenses and optical solutions.
4. Alcon (Novartis)
| Company Name | Alcon (Novartis) |
|---|---|
| Established Year | 1945 |
| Headquarters | Geneva, Switzerland |
| Official Website | Click Here |
Alcon, a division of Novartis, is a global leader in eye care, providing innovative products in vision correction, including lenses, surgical instruments, and treatments for myopia and other refractive errors.
5. Hoya Corporation
| Company Name | Hoya Corporation |
|---|---|
| Established Year | 1941 |
| Headquarters | Tokyo, Japan |
| Official Website | Click Here |
Hoya Corporation is a leading provider of optical products, including lenses and eye care solutions for myopia management. The company is highly regarded for its advanced technology in eyewear and corrective lenses.
Market Segmentation By Type
Low/simple myopia is expected to dominate the Vietnam Myopia Market in terms of revenue size, supported by its high prevalence among school-aged children and young adults, rising digital screen exposure, and expanding adoption of corrective lenses and ophthalmic treatments. Additionally, during 2025-2031, Low/Simple Myopia would also witness the fastest growth rate, driven by continued urbanization, lifestyle-related visual strain, and increased access to affordable optometric care.
Market Segmentation By Treatment
Eyeglasses are expected to hold the largest size of the Vietnam Myopia Market, supported by their affordability, wide retail availability, and increasing public awareness of vision correction. The segment continues to benefit from strong demand across children and working-age adults, driven by frequent school eye-screening programs, expanding optical retail networks, and growing consumer preference.
Market Segmentation By Therapeutics, By Route of Administration
Ophthalmic route of administration is expected to dominate Vietnam’s therapeutics myopia market in revenue size and is also expected to witness the fastest growth during 2025-2031, driven by the expanding presence of ophthalmic care facilities across urban centers, improving diagnostic capabilities, and higher compliance among pediatric patients.
Market Segmentation By Distribution Channel
Offline distribution channel is expected to command the largest revenue size of the Vietnam Myopia Market, supported by the strong presence of optical retail stores, hospital pharmacies, and specialized eye-care centers that facilitate professional consultation and prescription-based product sales. The dominance of brick-and-mortar outlets is further reinforced by consumer trust in in-person eye examinations.
Market Segmentation By End-User
Optical retail outlets are expected to hold the largest revenue size of the Vietnam Myopia Market, supported by increasing adoption of prescription eyeglasses, frequent vision screenings, and the integration of advanced lens technologies by leading optical chains.
Key Attractiveness of the Report
- 10 Years Market Numbers.
- Historical Data: Starting from 2021 to 2024
- Base Year: 2024
- Forecast Data until 2031
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Vietnam Myopia Market Overview
- Vietnam Myopia Market Outlook
- Vietnam Myopia Market Forecast
- Historical Data and Forecast of Vietnam Myopia Market Revenues for the Period 2021-2031F
- Historical Data and Forecast of Vietnam Myopia Market Revenues, By Type, for the Period 2021-2031F
- Historical Data and Forecast of Vietnam Myopia Market Revenues, By Treatment, for the Period 2021-2031F
- Historical Data and Forecast of Vietnam Therapeutics Myopia Market Revenues, By Route of Administration, for the Period 2021-2031F
- Historical Data and Forecast of Vietnam Myopia Market Revenues, By Distribution Channel, for the Period 2021-2031F
- Historical Data and Forecast of Vietnam Myopia Market Revenues, By End-User, for the Period 2021-2031F
- Vietnam Myopia Market Drivers and Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Vietnam Myopia Market Trends & Evolution
- Market Opportunity Assessment
- Vietnam Myopia Market Revenue Ranking, By Top 3 Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Type
- Low/Simple Myopia
- High Myopia (Non-Pathological)
- Pathological/Degenerative Myopia
By Treatment
- Eyeglasses
- Contact Lenses
- Surgical/Procedural
- Ortho-K Lenses
- Therapeutics
- Therapeutics, By Route of Administration
- Ophthalmic
- Oral
- Parenteral
By Distribution Channel
- Offline
- Online
By End-User
- Optical Retail
- Specialty Eye Centers
- Hospitals
- Pharmacies
- OtherS
