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Vision Care Market Growth by Top International Players | Essilor, CooperVision, Johnson & Johnson Services, Inc., and more Forecast till 2027

02-01-2022 06:10 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Vision Care Market Growth by Top International Players |

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.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/vision-care-market-101731

Some of the Major Companies in the Global Vision Care Market:

Alcon (Part of Novartis AG)
Essilor
CooperVision
Johnson & Johnson Services, Inc.
Bausch Health Companies Inc.
GrandVision
Carl Zeiss
Menicon
Luxottica
Other Prominent Players
As per the report, published by Fortune Business Insights in a report, titled “Vision Care Market Size, Share & Industry Analysis, By Product Type (Eyewear, Intraocular Lens, and Ocular Health), By Distribution Channel (Retail Store, Online Store, Hospital & Clinics), and Regional Forecast, 2019-2026” the market size stood at USD 125.16 billion in 2018. The report offers dynamic insights on all the prevailing trends and characteristics of the vision care market. It provides an all-encompassing summary and analytical data of all the segments.

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

Increasing Cases of Cataract to Promote Healthy Growth

The increasing incidence of cataracts around the world will subsequently aid the growth of the market in the forthcoming period. According to the Global Burden of Diseases Study, 2010 cataract caused worldwide 33.4% of all blindness in 2010 and around 10.8 million people were blind and 35.1 million were visually impaired due to cataract. With the growing risk of cataracts, the demand for vision is increasing, which therefore supports market growth. The growing population of individuals suffering from ocular diseases is expected to be one of the key reasons for driving the market.

Key Segmentation:



By Product Type

Eyewear
Spectacles
Sunglasses
Contact Lens
Intraocular Lens
Ocular Health


By Distribution Channel

Retail Store
Online Store
Hospital and Clinics


By Geography

North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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