South Korea Eye Care Market Size, Share, and COVID-19 Impact Analysis, By Product (Contact Lens and Ocular Health Products), By Mode of Purchase (Over-The-Counter and Prescribed), and South Korea Eye Care Market Industry Trend, Forecasts to 2035

South Korea Eye Care Market Insights Forecasts to 2035

• The South Korea Eye Care Market Size Was Estimated at USD 937.5 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.47% from 2025 to 2035
• The South Korea Eye Care Market Size is Expected to Reach USD 2,292.0 Million by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Eye Care Market Size is anticipated to reach USD 2,292.0 Million by 2035, growing at a CAGR of 8.47% from 2025 to 2035. Rising rates of eye-related ailments, a fast-aging population, technological improvements, and growing awareness of eye care are the main factors driving the market's expansion.

Market Overview

The eye care market encompasses products and services aimed at diagnosing, treating, and managing vision-related conditions such as refractive errors, cataracts, glaucoma, and age-related macular degeneration. Benefits include improved quality of life, early disease detection, and prevention of vision loss through corrective lenses, surgeries, and advanced diagnostics. Growing awareness of eye health, increasing prevalence of eye disorders due to aging populations and digital device usage, and technological advancements in treatment create significant market opportunities. Governments worldwide support eye care through initiatives like vision screening programs, subsidies for affordable eyewear, and public health campaigns to reduce preventable blindness.

Report Coverage

This research report categorizes the market for South Korea eye care market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea eye care market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea eye care market.

Driving Factors

The increasing prevalence of refractive errors, cataracts, and age-related macular degeneration is driving demand for corrective eyewear and surgical interventions. Technological advancements, such as AI-powered diagnostics and minimally invasive laser surgeries, are enhancing treatment outcomes and accessibility. Preventive care initiatives and heightened public awareness about eye health further support market expansion.

Restraining Factors

High costs associated with advanced treatments, such as LASIK surgery and specialized contact lenses, make them inaccessible to many, particularly in low-income regions. Additionally, a shortage of trained professionals, especially in rural areas, limits access to quality care. Cultural beliefs and lack of awareness further discourage individuals from seeking necessary eye care.

Market Segmentation

The South Korea eye care market share is classified into product and mode of purchase.

• The contact lens segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea eye care market is segmented by product into contact lens and ocular health products. Among these, the contact lens segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. For vision correction, contact lenses provide a practical substitute for traditional eyeglasses.  Improvements in comfort, aesthetics, and technology are some of the reasons behind their popularity.

• The over-the-counter segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea eye care market is segmented by mode of purchase into over-the-counter and prescribed. Among these, the over-the-counter segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. OTC items, such as over-the-counter eyewear, lubricating drops, and nutritional supplements, provide easily available remedies for common issues including dryness, redness, and allergies.  They let customers to take charge of their eye health by providing the ease of direct purchasing without a prescription, adding to the growing field of self-directed wellness and individualized healthcare.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea eye care market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Alcon
• Carl Zeiss Meditec
• Hoya Corporation
• Johnson & Johnson
• Nidek Co., Ltd.
• Topcon Corporation
• Ziemer Group AG
• Samsung Biologics
• Daewoong Pharmaceutical
• Green Optics Co., Ltd.
• Ophtec South Korea
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea eye care market based on the below-mentioned segments:

South Korea Eye Care Market, By Product

• Contact Lens
• Ocular Health Products

South Korea Eye Care Market, By Mode of Purchase

• Over-The-Counter
• Prescribed