Global Eye Care Solution Market Overview:
The eyecare solution consists of the cleaning solution for the eyewear as cleaning of the eyewear is very important with the regular use to keep eyes healthy. There is multifunction and hydrogen peroxide-based solution available, these can be used for soft lenses and hard lenses. The multipurpose solution is all in one car system to cleanse, rinse and disinfect before use for the proper functioning of the lenses. The hydrogen peroxide-based solution effectively disinfect the contact lenses if used properly, but they can little cumbersome to use
- The Rising Number of Population around the World with Weak Eyesight
- Shifting Preferences Towards Eyelenses
- Changing Lifestyle of People is Increasing the Demand for Lenses and Specs
- Adoption of All-in-one Eye-Care Solution
- Technological Advancements in Eye Care Industry
- Regulatory Compliance with Eyecare Solution will Hamper the Market
- Continuous Research and Development in Eye Care Solutions
- Increasing Investments of Many Consumer in Eye Care Solutions
- The Entry of Local Players in the Market with Cheaper Eyecare Solution
- Safety Risks with Handling of Eyecare Solution
Some of the key players profiled in the report are Alcon (Switzerland), Bosch Eyecare (Germany), Novartis AG (Switzerland), Bausch Health (United States), Allergan (Ireland), CooperVision (United States), Akorn, Inc. (United States), ZEISS Vision Care (Germany) and Visine (Johnson & Johnson Consumer Inc.) (United States). Additionally, following companies can also be profiled that are part of our coverage like Avizor SA (Spain) and Hoya Corporation (Singapore). Considering Market by Packaging, the sub-segment i.e. 60ml will boost the Eye Care Solution market. Considering Market by Sales Channel, the sub-segment i.e. Online Store will boost the Eye Care Solution market.
On 30th September 2019, Johnson & Johnson Vision unveiled the first-ever extension of the ACUVUE brand name beyond contact lenses with the launch of ACUVUE RevitaLens Multi-Purpose Disinfecting Solution (MPDS). ACUVUE RevitaLens MPDS delivers exceptional disinfection and all-day comfort for reusable contact lens wearers. Its innovative dual-disinfecting formula is gentle on the eyes but tough on harmful germs and bacteria, making it a convenient and effective contact lens solution that eye care professionals can recommend with confidence.
"FDA is revising the guidance document that specifically addresses the labeling and directions for use of contact lens care products and solutions. Contact lens solution manufacturers should include a discard date on their products, in addition to the usual expiration date. Consumers should never use expired products. The discard date is the date the solution should be thrown out after opening. Based upon its general history and potential risk/benefit relationship, a product is placed in one of three classes: Class I general controls; Class II special controls; and Class III premarket approval. Class II and Class III devices are more rigorously tested and they require a higher level of FDA review prior to U.S. marketing."
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Eye Care Solution market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Eye Care Solution market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Eye Care Solution Manufacturers, Eye Care Solution International Traders, Eye Care Solution Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.