Global Vision Care Devices And Equipment Market Comprehensive Study: Forecasted Market Size And Growth Rate | Essilor International, Johnson & Johnson, Carl Zeiss AG, The Cooper Companies, Novartis AG, Bausch & Lomb, Nidek Co.Ltd., Valeant Pharmaceuticals

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Vision Care Devices And Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The vision care devices and equipment market size has grown rapidly in recent years. It will grow from $30.69 billion in 2023 to $33.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to eye health awareness, aging population, fashion and aesthetics, increased screen time.

The vision care devices and equipment market size is expected to see strong growth in the next few years. It will grow to $49.26 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to digital eye strain, aging demographics, myopia management, sustainable and eco-friendly products. Major trends in the forecast period include smart eyewear, customized and 3d-printed eyewear, ai-powered eye examinations, teleophthalmology.

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Market Segmentation:
The main types of vision care devices and equipment are intraocular lenses, ophthalmic lasers, glaucoma drainage devices, contact lenses, and others. An intraocular lens is an artificial replacement for the lens of the eye. The various application of vision care devices and equipment are vision care, diagnosis, and surgery that are used by various end-users such as hospitals, ambulatory surgery centres, optical centres, and others.

Major Driver - Electronic Device Dependency Is Fueling The Surge In Vision Care Devices And Equipment Market
The rising use of electronic devices is a continuous driver for the growth of the vision care devices and equipment market. Usage of laptops, mobiles, PCs, and other electronic devices has increased in day-to-day life, which is the major factor responsible for eye-related problems. According to a survey by Deloitte, Americans collectively check their phones over 8 billion times per day. On average, every person spends about five hours daily browsing the internet and using apps.

Competitive Landscape:
Major companies operating in the vision care devices and equipment market include Essilor International, Johnson & Johnson, Carl Zeiss AG, The Cooper Companies, Novartis AG, Bausch & Lomb, Nidek Co.Ltd., Valeant Pharmaceuticals International Inc., Luxottica Group SpA, Escalon Services, Tomey Corporation, CIBA Vision Corporation, Visionix Ltd., Potec, LuxVisions Innovation Limited, Heine Optotechnik, Luneau Technology Operations SAS, Heidelberg Engineering Inc., Huvitz Technologies, STAAR Surgical Company, Swiss Advanced Vision, Visioneering Technologies Inc., Rayner Intraocular Lenses Limited, Jiangsu Hongchen Optical Co. Ltd., Alcon, Hoya Corporation, Topcon Corporation, Carl Zeiss Meditec AG, Lumenis Ltd., Ellex Medical Pty Ltd., Abbott Medical Optics, Canon Medical Systems, Haag-Streit AG, Optovue Inc., Quantel Medical SAS, VisionCare Devices LLC, Med-Logics Inc., Advanced Vision Science Inc., Eyenovia Inc., HumanOptics Holding AG, Clearside Biomedical Inc.

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Top Trend - Technological Advancements In Vision Care Devices And Equipment Market
Technological advancement in vision care devices has transformed eye care. Vision technology has witnessed some great scientific breakthroughs and innovations in the past few years and these advances are rapidly changing the future of those with chronic eye conditions. The innovation includes DriveSafe lenses with anti-glare coating to help with poor driving conditions, photochromic contact lenses that block the sun's harmful UV rays, and blue light blocking glasses among others. Major companies such as Johnson & Johnson Vision have invested in adaptive lenses.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vision Care Devices And Equipment Market Characteristics
3. Vision Care Devices And Equipment Market Trends And Strategies
4. Vision Care Devices And Equipment Market - Macro Economic Scenario
5. Vision Care Devices And Equipment Market Size And Growth
…..
27. Vision Care Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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