Saudi Vision 2030 Drives the Rapid Expansion of the Kingdom’s Optics Market

A recent analytical report by Research and Markets reveals that Saudi Arabia’s optics market is experiencing accelerated and sustained growth, with its value expected to rise from approximately SAR 3.4 billion in 2024 to more than SAR 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of 4.1%.

The study attributes this upward trend to several key factors, including an increase in the average age of the population, greater reliance on digital devices, and growing awareness of the importance of eye examinations and visual health care. Additionally, the continuous expansion of healthcare services as part of Saudi Vision 2030objectives plays a crucial role in driving the sector’s development.

According to the report, the Saudi market is poised to witness a surge in investments and the entry of more international players specializing in lenses, eyewear, and diagnostic technologies, responding to the rising demand for specialized optical services and supporting the overall advancement of the eye care industry in the Kingdom and the wider region.