Press release
What's driving the U.S. Reading Glasses Market Growth? Prominent Players: PowerVision, Inc., Bausch & Lomb Incorporated., Vision Service Plan, Johnson & Johnson Services, Inc., CooperVision, Thinoptics, Inc., ABB Optical Group, Transitions Optical, Inc.,
A rise in the number of geriatric population is anticipated to boost the growth of the U.S. Reading Glasses Market in the coming years. Recently Fortune Business Insights has published a report, titled, "Reading glasses: U.S. Market Analysis, Insights and Forecast, 2019-2026". As per the report, in 2018, the U.S. reading glasses market was valued at US$ 13,134 Mn. The market is expected to progress at a CAGR of 3.5% and reach US$ 17,959.2 Mn by the end of 2026.Leading Players operating in the U.S. Reading Glasses Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Bausch & Lomb Incorporated.
Johnson & Johnson Services, Inc.
Thinoptics, Inc.?
Transitions Optical, Inc.
PowerVision, Inc.
AlconVision LLC
ABBOPTICAL GROUP
CooperVision?
Vision Service Plan
Other prominent players
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/u-s-reading-glasses-market-100969
The report covers:
Global U.S. Reading Glasses Market trends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
Comprehensive company profiles of the major industry players.
Age Group of 18 to 64 years Likely to Increase Demands Due to Vision Issues
The report classifies the U.S. reading glasses market on the bases of corrective strength, by type, and by age group. By corrective strength, the market is further divided into +1 to +2, +2.25 to +3, and greater than +3. Out of these, the +2.25 to +3 power segment currently dominates the U.S. reading glasses market as there is an ever grossing demand for vision correction. On terms of type, the market is grouped into OTC reading glasses and prescription reading glasses.
By age group, the market is classified into less than 18 years, 18 to 64 years, and 65 years and greater. Amongst these, the age group of 18 to 64 years is likely to retain the largest share of the reading glasses market in the U.S. during the forecast period. This will occur due to the increasing number of cases of vision issues that are associated with long-term exposure to blue light. The exposure takes place because people who fall under this age group, are hooked onto smartphones, laptops, and computers. A rise in the incidence of presbyopia amongst senior citizens and middle-ages people residing in the U.S., is another major factor that is anticipated to propel the reading glasses market in the region.
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Detailed Table of Content:
Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
Executive Summary
Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
Key Insights
4.1. Prevalence of Presbyopia, Hyperopia, and Hyperopic Astigmatism by Country/Region
4.2. U.S. Population Distribution by Age Group (Mn) 2018
4.3. Estimated Number of People Using Reading Glasses (Mn) 2018 By Age Group
4.4. Distribution of People That Use Reading Glasses by Corrective Strength of Lens (%) for Population Age Group 18-64 Years
U.S. Reading Glasses Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast - By Age Group
5.2.1. Less than 18 years
5.2.2. 18-64 years
5.2.3. 65 years and greater
5.3. Market Analysis, Insights and Forecast - By Corrective Strength
5.3.1. +1 to +2
5.3.2. +2.25 to +3
5.3.3. Greater than +3
5.4. Market Analysis, Insights and Forecast - By Type
5.4.1. Prescription Reading Glasses
5.4.2. OTC Reading Glasses
Competitive Analysis
Key Industry Developments
U.S. Market Share Analysis (2018)
Competition Dashboard
Comparative Analysis - Major Players
10.1. Bausch & Lomb Incorporated.
10.2. Johnson & Johnson Services, Inc.
10.3. Thinoptics, Inc.
10.4. Transitions Optical, Inc.
10.5. PowerVision, Inc.
10.6. Alcon Vision LLC
10.7. ABB OPTICAL GROUP
10.8. CooperVision
10.9. Vision Service Plan
Strategic Recommendations
Continued...
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/u-s-reading-glasses-market-100969
Report Focus:
Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential U.S. Reading Glasses Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the U.S. Reading Glasses Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges
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