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Vision Care Market 2026 Global Industry Size, Growth Factor, Regional Analysis by Top Key Playres | Bausch Health Companies Inc., Essilor and Others

04-24-2020 12:07 PM CET | Health & Medicine

Press release from: Fortune Business Insights Private Limited

Vision Care Market

Vision Care Market

The global "vision care" market size is expected to reach USD 192.85 billion by 2026, exhibiting a CAGR of 5.6% during the forecast period. Increasing awareness regarding ocular diseases in emerging nations is expected to aid the growth of the market. The increasing adoption of vision care products will boost the vision care market growth in the forthcoming year. In addition, the growing cases of cataracts to create growth opportunities for the market. For instance, according to the World Health Organization, 51% of the world's blindness is caused due to cataracts. In addition, the increasing risks of cataract incidence predominantly in developing as well as developed countries will fuel demand for vision care.

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:

o Alcon (Part of Novartis AG)
o Essilor
o CooperVision
o Johnson & Johnson Services, Inc.
o Bausch Health Companies Inc.
o GrandVision
o Carl Zeiss
o Menicon
o Luxottica

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/vision-care-market-101731

The report focuses on global major leading industry players of market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Vision Care Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Vision Care Market Size by analysing historical data and future prospect.
With tables and figures helping analyse worldwide Vision Care Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Favorable Reimburusmnet policies to Stimulate Growth in North America
North America generated a revenue of USD 38.82 billion in 2018 and is expected to remain dominant during the forecast period. Higher adoption of vision care products in the region will further create opportunities for the market. Factors such as increasing awareness of the ocular disease, favorable reimbursement for cataract surgery, and increasing inclination towards eye care products is projected to further escalate the market's revenue in North America. The market in Latin America is estimated to grow at a steady rate alongside the Middle East and Africa. The unmet need for vision care in Latin America is estimated to be one of the prime reasons for spurring the growth in the region

FDA Approval for Pargon's New Manufacturing Facility to Spur Sales Opportunities
The approval of Paragon Vision Science's newly-constructed contact lens manufacturing site in suburban Phoenix by the U.S. Food and Drug Administration (FDA) will boost the vision care market trends. For instance, The facility will produce advanced ortho-k products such as Paragon CRT® for use in the United States. The new site is more than double the size of the company's current plant in nearby Mesa, Arizona.

Objective of Studies:

o To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.
o To provide insights about factors affecting the market growth. To analyse the Vision Care Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
o To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global [].
o To provide country level analysis of the market with respect to the current Vision Care Market size and future prospective.
o To provide country level analysis of the market for segment by application, product type and sub-segments.
o To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
o To track and analyse competitive developments such as joint ventures, strategic alliances, new product developments, and research and developments in the global [].

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/vision-care-market-101731

Detailed Table of Content:

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Introduction of New Products / Approvals (by Major Players)
4.2. Epidemiology of Ocular Disease - For Key Countries, 2018
4.3. Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
4.4. Snapshot: U.S Reading Glasses Market, 2018
4.5. Key Trends in Vision Care Market
4.6. Key Pipeline Products
5. Global Vision Care Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast - By Product Type
5.2.1. Eyewear
5.2.1.1. Spectacles
5.2.1.2. Sunglasses
5.2.1.3. Contact Lens
5.2.2. Intraocular Lenses
5.2.3. Ocular Health
5.3. Market Analysis, Insights and Forecast - By Distribution Channel
5.3.1. Retail Store
5.3.2. Online Store
5.3.3. Hospitals and Clinics
5.4. Market Analysis, Insights and Forecast - By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America
5.4.5. Middle East & Africa
6. North America Vision Care Market Analysis, Insights and Forecast, 2015-2026
TOC Continued....

This Report Answers the Following Questions:

o What are the Vision Care Market trends and growth drivers?
o How many segments does the market contain?
o What are the opportunities and challenges that the market may face?
o How are the key players keeping up with the changing consumer behavior?
o What are the latest industry developments?

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About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to 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.

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Fortune Business Insights(TM) Pvt. Ltd.
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Pune - 411045, Maharashtra, India.

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