Vision Care Market Size, Share and Forecast 2021-2027
The global vision care market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period (2021-2027). The market growth is majorly attributed to the increase in geriatric population across the globe. According to various studies, with increase in age, the eyes-related issues including visual impairment occurs. With increasing age, eyes generally become more rigid and lose focal abilities, which results in need for vision care products. According to the reports of World Health Organization, as of February 2021, there were more than 2.2 billion people across the globe who suffered from visual impairments. It was also revealed that the prevalence of vision impairment was more in people aged 50 or more. Moreover, according to the Centres for Disease Control and Prevention (CDC) more than 4.2 million Americans aged 40 years and older had a vision problem or were blind and the primary reason for the same were several primarily age-related eye diseases. Thus, rising aging population is expected to result in increased need for vision care products, boosting the growth of the market.
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Furthermore, technological innovations in eye care devices, rise in
diabetic patients leading to diabetic retinopathy, and increase in the number
of populations working on desktop are also some of the contributing factors fuelling
the growth of the market.
·
The
market number available for – 2019-2026
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment
Covered-
·
By
Product
·
By Distribution
Channel
Regions
Covered-
·
North
America
·
Europe
·
Asia-Pacific
·
Rest of
the World
·
Competitive
Landscape- NOVARTIS INTERNATIONAL AG, Alcon Vision LLC, Bausch & Lomb Inc.,
EssilorLuxottica, Johnson & Johnson Vision Care, Inc.
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full Report of Vision Care Market is Available at: https://www.omrglobal.com/industry-reports/vision-care-market
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
·
Deviation
from the pre-COVID-19 forecast
·
Most
affected region and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Global Vision
Care Market Report Segment
By Product
·
Eye
Glasses
·
Contact
Lenses
·
Intraocular
Lenses
·
Artificial
Tears
By
Distribution Channel
·
Retail
Stores
·
Online
Stores
·
Hospitals
& Clinics
Global Vision
Care Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin
America
·
Middle
East & Africa
Company
Profiles
·
Auro
Laboratories Ltd.
·
Biotech
Healthcare
·
Carl
Zeiss AG.
·
Alcon
Vision LLC
·
CooperVision,
Inc.
·
HOYA
VISION CARE CO.
·
Safilo
Group S.p.A
·
Johnson
& Johnson Vision Care, Inc.
·
EssilorLuxottica
·
Menicon
Co., Ltd.
·
NOVARTIS
INTERNATIONAL AG
·
RODENSTOCK
GMBH
·
SEIKO
OPTICAL PRODUCTS CO., LTD.
·
Paragon
Vision Sciences, Inc.
·
SynergEyes,
Inc.
·
TOPCON
CORP.
·
Bausch
& Lomb Inc.
·
VSP
VISION CARE
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