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Vision Care Market Forecasting to 2030 Top Companies Coopervision, Essilor Group, Johnson & Johnson, Luxottica.

07-16-2021 04:25 PM CET | Health & Medicine

Press release from: QUINCE MARKET INISGHTS

Vision Care Market

Vision Care Market

The Global Vision Care Market is estimated to reach USD 65,800.2 million in 2021, and is projected to grow at a CAGR of 4.5% during the forecast period. Vision supports in performing day-to-day activities, such as writing, reading, and viewing. It also impacts the ability of an individual to communicate and work with others.
As per the World Health Organization (WHO) estimates, worldwide 285 million people are visually impaired across the globe. Out of these, 246 million people have low vision and 39 million people are blind. The burden of low vision or impaired vision is high on state agencies and impacts socio-economic growth of a country. For instance, in emerging nations such as Sub-Sahara, Africa, and India, 60% of individual suffer from vision-associated problems. Such high percentage of individuals with vision-associated problems drive the demand for vision care products.

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Recent Developments in the Global Vision Care Market-
• September, 2019- Johnsons and Johnson’s
vision sector introduced TECNIS Synergy Lol,
an intraocular lens that offers continuous
vision correction
• September, 2019- Johnson and Johnson’s
vision sector introduced the ACUVUE line of
Revitalens multi-purpose disinfecting solution
for contact lens
• August, 2019- CooperVision introduced a soft
contact lens recycling program in
collaboration with TrraCycle to surge its
sustainability efforts
• August, 2019- The U.S. FDA approved
Coopervision’s Paragon Contact lens
production site in Phoenix, U.S.
• July, 2018- Carl Zeiss introduced the first
sunglass to offer 400nm UV protection

-Market Segmentation:
-Product Type
• Eye Glasses
o Single Vision Eyeglasses
o Bifocal Eyeglasses
o Progressive Eyeglasses

• Contact Lens
o Personalized/Custom
o Specific Care
o Single Vision
o Progressive Lenses
o Activity Lenses

• Intraocular Lens
o Traditional/Monofocal IOLs
o Premium IOLs
o Phakic IOLs

• Others
o Contact Lens Solutions
o Artificial Tears

-Distribution Channel
• Retail Stores
• E-Commerce
• Clinics
• Hospitals

-By Region:
North America Vision Care Market
• North America, by Country
o U.S.
o Canada
o Mexico
• North America, by Product Type
• North America, by Distribution Channel

Europe Vision Care Market
• Europe, by Country
o Germany
o U.K.
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Europe, by Product Type
• Europe, by Distribution Channel

Asia Pacific Vision Care Market
• Asia Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o Rest of Asia Pacific
• Asia Pacific, by Product Type
• Asia Pacific, by Distribution Channel

Middle East and Africa Vision Care Market
• Middle East and Africa, by Country
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East and Africa
• Middle East and Africa, by Product Type
• Middle East and Africa, by Distribution
Channel

South America Vision Care Market
• South America, by Country
o Brazil
o Argentina
o Rest of South America
• South America, by Product Type
• South America, by Distribution Channel

Major Companies: The key players operating in the global vision care market are Coopervision, Essilor Group, Johnson & Johnson, Luxottica, Novartis, Valeant Pharmaceuticals, Bausch and Lomb, Menicon, Paragon Vision Sciences, and Carl Zeiss.

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Objectives of this Report:
• To estimate the market size for the vision care
market on a regional and global basis
• To identify major segments in the vision care
market and evaluate their market shares and
demand
• To provide a competitive scenario for the
market with major developments observed by
the key companies in the historic years
• To evaluate the key factors governing the
dynamics of the vision care market with their
potential gravity during the forecast period
• To evaluate the leading company-wise pricing
analysis for the mentioned applications

Key Questioned Answered in the Study:
• What are major growth drivers and market
trends that are impacting the global vision
care market?
• What is the market size both in terms of value
and volume for the global vision care market?
• Who are the leading market players and who
are the new market players that operate in
the global market with an estimated market
share?
• What are the future investment pockets and
opportunities in the global vision care
market?
• Major list of customers and potential
futuristic customer list along with an
estimated buying volume
• Impact of COVID-19 on the global vision care
market

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Quince Market Insights

Ajay D. (Knowledge Partner)

Office No- A109

Pune, Maharashtra 411028

Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144

Email: sales@quincemarketinsights.com

Web: https://www.quincemarketinsights.com

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world’s most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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