Scope of the Study
The global Vision Care Products market is expected to witness high growth in the forecasted period due to the increasing number of eye-related disorders worldwide. Vision care products are used to the prevention or minimization of problems related to eye or vision. E-commerce platform influencing nearly every aspect of a consumer’s purchasing decision from searching for the product or services, product reviews, and comparison of products. Increasing awareness about vision care products and rising requirements for eye care products and solutions due to increasing geriatric population and usage of electronic devices are factors anticipated to boost the growth of the vision care products market.
The market study is being classified by Type (Eye Glasses [Single Vision Eyeglasses, Bifocal Eyeglasses, Progressive Eyeglasses], Contact Lens [Personalized/Custom, Specific Care, Single Vision, Progressive Lenses, Activity Lenses], Intraocular Lens [Traditional/Monofocal IOLs, Premium IOLs, Phakic IOLs] and Others [Contact Lens Solutions, Artificial Tears]) and major geographies with country level break-up.
CooperVision (United States), Essilor International S.A. (France), Carl Zeiss Meditec (Germany), Johnson & Johnson Vision Care (United States), Luxottica (Italy), Novartis International AG (Switzerland), Valeant Pharmaceuticals (Canada), Bausch + Lomb (United States) and Menicon (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hoya (Japan) and Paragon Vision Sciences (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Vision Care Products market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Vision Care Products market by Type, Application and Region.
On the basis of geography, the market of Vision Care Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Increasing Number of Eye-related Disorders
- Global Awareness Program Wherein Several Non-Governmental Organizations (NGOs)
- Rising Demand due to Online Availability of Eye Care Products
- Efforts from International Agencies to Raise Awareness for Eye Health
- Growing Concern Related Vision Care Treatment Issues
- Technological Advances and High Expenditure on Healthcare
- Increasing Technological Advancements with Rising Frequency in the Populations with Eye Disorders
- Rising Cost of Eye Treatment
Market Leaders and their expansionary development strategies
On 30th September 2019, Johnson & Johnson Vision† is excited to unveil the first-ever extension of the ACUVUE® brand name beyond contact lenses with today’s launch of ACUVUE™ RevitaLens Multi-Purpose Disinfecting Solution (MPDS).
Key Target AudienceVision Care Products Manufactures, Vision Care Products Suppliers, Vision Care Products Distributors, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase