Vision Care Market COVID-19 impact analysis, industry trends, business strategies, opportunities and forecast to 2027 discussed in a new market

The Vision Care Market was valued at US$ 66,934.51 million in 2019 and is projected to reach US$ 93,817.82 million by 2027; it is expected to grow at a CAGR of 4.5% during 2020–2027.

The insight Partners Research has recently added a concise research on the Global Vision Care Market – Industry Trends and Forecast to 2027. A reliable Global Vision Care Market report contains market data that can be relatively essential when it comes to dominate in the industry or make a mark in the market as a new emergent. It also strategically analyses the growth trends and future prospects. Moreover, this winning market report also provides strategic profiling of top players in the industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. The report gives details about the top players and brands that are driving the market. A wide-ranging research report acts as a backbone for the success of business in any sector.

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Key Market Competitors: Global Vision Care Market:
• Alcon Inc
• Bausch Health Companies Inc
• Carl Zeiss AG
• Cooper Companies Inc
• Essilorluxottica SA
• Johnson And Johnson Services Inc.
• Hoya Corporation
• Rodenstock Gmbh
• Menicon Co. Ltd
• Rayner Intraocular Lenses Limited

There are a wide variety of eye diseases prevalent across the globe, including cataract, glaucoma, and refractive errors. Most of the people have some sort of eye problems in their lifetime. As per the World Health Organization (WHO), around 2.2 billion people across the globe have a near or distance vision impairment. The leading cause of vision impairment is cataract (94 million) and uncorrected refractive errors (88.4 million). The other causes of vision impairment are glaucoma (7.7 million), corneal opacities (4.2 million), diabetic retinopathy (3.9 million), and trachoma (2 million).
As per the Canadian Survey on Disabilities 2017, 1.5 million Canadians were having a sight loss and around 5.59 million had an eye disease that could lead to sight loss.

Moreover, as per the Royal National Institute of Blind People in 2017, in the UK, there were around 350,000 people registered as blind and partially sighted; around 173,735 were registered for severely sight impaired; and 176,125 were registered for sight impaired. Therefore, growing prevalence of eye diseases is driving the vision care market.
The Vision Care Market is anticipated to grow with a significant rate in the coming years, owing to factors such as increasing ageing population, rising prevalence of chronic diseases, up surge in healthcare costs, and developments in technology. Moreover, increase of big multi-service ambulatory care centers and growth in healthcare investments offer growth opportunities in the Vision Care Market.

The “Global Vision Care Market Analysis to 2027” is a specialized and in-depth study of the medical devices industry with a focus on the global Vision Care Market trend. The report aims to provide an overview of global Vision Care Market with detailed market segmentation by type, specialty, surgery, and geography. The global Vision Care Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Vision Care Market.

Reasons to Purchase this Report:
1. Current and future of Vision Care Market outlook in the developed and emerging markets
2. The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
3. Regions/Countries that are expected to witness the fastest growth rates during the forecast period
4. The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:
1. All segmentation provided above in this report is represented at country level
2. All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

To comprehend Global Vision Care Market dynamics in the world mainly, the worldwide Vision Care Market is analyzed across major global regions.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

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This release was published on openPR.