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Vision Care Market Report 2024, Trends, Demand, Regional Analysis and Forecast 2032

12-08-2023 08:08 AM CET | Health & Medicine

Press release from: IMARC Group

Vision Care Market Report 2024, Trends, Demand, Regional

IMARC Group's report titled "๐•๐ข๐ฌ๐ข๐จ๐ง ๐‚๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž (๐†๐ฅ๐š๐ฌ๐ฌ ๐‹๐ž๐ง๐ฌ๐ž๐ฌ, ๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐‹๐ž๐ง๐ฌ๐ž๐ฌ, ๐ˆ๐ง๐ญ๐ซ๐š๐จ๐œ๐ฎ๐ฅ๐š๐ซ ๐‹๐ž๐ง๐ฌ๐ž๐ฌ, ๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐‹๐€๐’๐ˆ๐Š ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ, ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐“๐ž๐š๐ซ๐ฌ), ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ (๐‘๐ž๐ญ๐š๐ข๐ฅ ๐’๐ญ๐จ๐ซ๐ž๐ฌ, ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐’๐ญ๐จ๐ซ๐ž๐ฌ, ๐‚๐ฅ๐ข๐ง๐ข๐œ๐ฌ, ๐‡๐จ๐ฌ๐ฉ๐ข๐ญ๐š๐ฅ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ". 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…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/vision-care-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐•๐ข๐ฌ๐ข๐จ๐ง ๐‚๐š๐ซ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

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.

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐๐ซ๐ž๐ฏ๐š๐ฅ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐Ž๐œ๐ฎ๐ฅ๐š๐ซ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž๐ฌ ๐š๐ง๐ ๐ƒ๐ข๐ฌ๐จ๐ซ๐๐ž๐ซ๐ฌ:

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.

๐‚๐ก๐š๐ง๐ ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐๐ž๐ก๐š๐ฏ๐ข๐จ๐ซ ๐š๐ง๐ ๐€๐ฐ๐š๐ซ๐ž๐ง๐ž๐ฌ๐ฌ:

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.

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐•๐ข๐ฌ๐ข๐จ๐ง ๐‚๐š๐ซ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

Johnson & Johnson Services, Inc.
CooperVision, Inc. (Cooper Companies, Inc.)
Bausch Health Companies, Inc.
Essilor International
Novartis International AG

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ:ย https://www.imarcgroup.com/vision-care-market

๐•๐ข๐ฌ๐ข๐จ๐ง ๐‚๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

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.

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

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.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐•๐ข๐ฌ๐ข๐จ๐ง ๐‚๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ

๐”๐ซ๐ ๐ž๐ง๐ญ ๐‚๐š๐ซ๐ž ๐€๐ฉ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/urgent-care-apps-market

๐๐จ๐ซ๐ญ๐š๐›๐ฅ๐ž ๐Ž๐ฑ๐ฒ๐ ๐ž๐ง ๐‚๐จ๐ง๐œ๐ž๐ง๐ญ๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/portable-oxygen-concentrators-market

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐Œ๐ž๐๐ข๐œ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/sports-medicine-market

๐„๐ซ๐ฒ๐ญ๐ก๐ซ๐จ๐ฉ๐จ๐ข๐ž๐ญ๐ข๐ง ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/erythropoietin-drugs-market

๐‡๐ž๐ฆ๐จ๐ฉ๐ก๐ข๐ฅ๐ข๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/hemophilia-market

๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐Œ๐จ๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/personal-mobility-devices-market

๐‹๐š๐›๐จ๐ซ๐š๐ญ๐จ๐ซ๐ฒ ๐…๐ข๐ฅ๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/laboratory-filtration-market

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐‚๐ฅ๐ž๐š๐ง๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/medical-device-cleaning-market

๐ƒ๐ฎ๐ซ๐š๐›๐ฅ๐ž ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ƒ๐Œ๐„ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/durable-medical-equipment-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

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

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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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