Press release
Vision Care Market Report 2024, Trends, Demand, Regional Analysis and Forecast 2032
IMARC Group's report titled "๐๐ข๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐ (๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ง๐ฌ๐๐ฌ, ๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ง๐ฌ๐๐ฌ, ๐๐ง๐ญ๐ซ๐๐จ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ง๐ฌ๐๐ฌ, ๐๐จ๐ง๐ญ๐๐๐ญ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐๐๐๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ, ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐๐๐ซ๐ฌ), ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ (๐๐๐ญ๐๐ข๐ฅ ๐๐ญ๐จ๐ซ๐๐ฌ, ๐๐ง๐ฅ๐ข๐ง๐ ๐๐ญ๐จ๐ซ๐๐ฌ, ๐๐ฅ๐ข๐ง๐ข๐๐ฌ, ๐๐จ๐ฌ๐ฉ๐ข๐ญ๐๐ฅ๐ฌ), ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐-๐๐๐๐". The global vision care market size reached US$ 71.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 93.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3% during 2024-2032.๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ซ๐๐๐๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/vision-care-market/requestsample
๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐๐๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
The vision care industry is currently experiencing robust growth, supported by continuous advancements in technology. Innovations in eye care technology are enhancing the accuracy and efficiency of vision diagnosis and treatment. This includes developments in laser surgery techniques, advanced contact lens materials, and digital diagnostic equipment. The integration of artificial intelligence (AI) and machine learning (ML) is also revolutionizing the way eye diseases are detected and managed. These technological advancements are improving patient outcomes and expanding the range of treatable conditions. Moreover, the adoption of telemedicine and online consultations is improving accessibility to eye care services, especially in remote and underserved areas. This digital transformation in the vision care sector is attracting new customers and retaining existing ones by offering convenience and personalized care.
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐๐ฏ๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐๐๐ฎ๐ฅ๐๐ซ ๐๐ข๐ฌ๐๐๐ฌ๐๐ฌ ๐๐ง๐ ๐๐ข๐ฌ๐จ๐ซ๐๐๐ซ๐ฌ:
The market is also being driven by the rising incidence of ocular diseases and disorders. Factors such as aging populations, prolonged exposure to screens, and lifestyle changes contribute to the growing prevalence of conditions like myopia, hyperopia, and presbyopia. Age-related eye diseases such as cataracts, glaucoma, and age-related macular degeneration are becoming more common as the global population ages. Additionally, the increase in chronic diseases like diabetes, which can lead to diabetic retinopathy, is also affecting eye health. This growing burden of eye disorders is fueling the demand for vision care products and services, including corrective lenses, surgical procedures, and regular eye examinations. As a result, the vision care industry is expanding its services and products to meet these evolving healthcare needs.
๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐๐ก๐๐ฏ๐ข๐จ๐ซ ๐๐ง๐ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌ:
Consumer behavior and awareness are key factors influencing the growth of the vision care market. There is a heightened awareness about the importance of regular eye check-ups and vision care, partly due to increased health education and consciousness among the general population. This awareness is leading to earlier detection and treatment of eye conditions. Additionally, fashion trends and aesthetic preferences are catalyzing the demand for eyewear, with consumers increasingly viewing glasses and contact lenses as fashion accessories. This trend is further encouraging innovation in eyewear designs and materials, catering to both aesthetic and functional needs. The rising popularity of online retail platforms for eyewear is also making vision care products more accessible and convenient for consumers, further stimulating market growth. This shift in consumer behavior is contributing significantly to the expansion and diversification of the vision care industry.
๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
Johnson & Johnson Services, Inc.
CooperVision, Inc. (Cooper Companies, Inc.)
Bausch Health Companies, Inc.
Essilor International
Novartis International AG
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:ย https://www.imarcgroup.com/vision-care-market
๐๐ข๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
Glass Lenses
Contact Lenses
Intraocular Lenses
Contact Solutions
LASIK Equipment
Artificial Tears
Glass lenses account for the majority of the market share due to their superior durability, scratch resistance, and clarity, making them a popular choice among consumers for high-quality vision correction.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ:
Retail Stores
Online Stores
Clinics
Hospitals
Retail stores hold the largest market share as they offer personalized services such as eye examinations, fitting, and immediate product assistance, enhancing the consumer purchasing experience.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America's dominance in the vision care market is attributed to the region's high healthcare spending, a large aging population susceptible to vision issues, and the presence of leading industry players offering advanced vision care solutions.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Presently, there is a growing shift toward advanced technology, with innovations like digital eye strain lenses and smart glasses gaining immense traction worldwide. The market is also experiencing an increase in demand for disposable contact lenses, driven by heightened concerns for hygiene and convenience. Additionally, there is a rising awareness of eye health, leading to more regular eye examinations and preventive care. In line with this, fashion trends are significantly influencing eyewear choices, merging functionality with style. This, coupled with a rise in online sales that make vision care products more accessible and offer a broader range of options to consumers, is propelling the market growth.
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐ญ๐ก๐๐ซ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ
๐๐ซ๐ ๐๐ง๐ญ ๐๐๐ซ๐ ๐๐ฉ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/urgent-care-apps-market
๐๐จ๐ซ๐ญ๐๐๐ฅ๐ ๐๐ฑ๐ฒ๐ ๐๐ง ๐๐จ๐ง๐๐๐ง๐ญ๐ซ๐๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/portable-oxygen-concentrators-market
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐๐๐ข๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/sports-medicine-market
๐๐ซ๐ฒ๐ญ๐ก๐ซ๐จ๐ฉ๐จ๐ข๐๐ญ๐ข๐ง ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/erythropoietin-drugs-market
๐๐๐ฆ๐จ๐ฉ๐ก๐ข๐ฅ๐ข๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/hemophilia-market
๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/personal-mobility-devices-market
๐๐๐๐จ๐ซ๐๐ญ๐จ๐ซ๐ฒ ๐ ๐ข๐ฅ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/laboratory-filtration-market
๐๐๐๐ข๐๐๐ฅ ๐๐๐ฏ๐ข๐๐ ๐๐ฅ๐๐๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/medical-device-cleaning-market
๐๐ฎ๐ซ๐๐๐ฅ๐ ๐๐๐๐ข๐๐๐ฅ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/durable-medical-equipment-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
IMARC Group
Email:ย sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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