Press release
Global Vision Care Market Will Reach At CAGR Of 3.83% Between 2016-2020
About the Vision Care MarketUncorrected refractive errors are the main cause of severe and moderate visual impairment, while eye conditions such as pink eye and cataracts (non-refractive errors) are the leading causes of blindness in middle- and low-income countries.
The governments in many countries have introduced national programs and regulations to control and prevent visual impairment. Eye care services are easily available and are progressively being integrated into primary and secondary healthcare systems, which focus on the provision of high-quality services at affordable prices. For instance, Brazil has been providing eye care services through the national social security system since 2004, Morocco has been following up with the National Blindness Control Program since 1991, China has invested over 100 million dollars on cataract surgeries since 2009, the Indian government has made provisions for funds for the poorest people at the district levels since 1995, and the Oman government offers integrated eye care services in its primary health care framework.
Technavios analysts forecast the global vision care market to grow at a CAGR of 3.83% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global vision care market for 2016-2020. To calculate the market size, we use the revenue generated from the sale of various types of vision care products.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Vision Care Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Cooper
Essilor
Johnson & Johnson
Luxottica
Novartis
Valeant Pharmaceuticals
Other prominent vendors
All Pro Intraocular Lens
Blanchard
CHEMIGLAS
Fielmann
Hongchen Optical
Hoya
Menicon
Rodenstock
Seiko Group
Shanghai Conant Optics
Synergeyes
UltraVision
Wesley Jessen
Market driver
Increased brand-consciousness among patients
For a full, detailed list, view our report
Market challenge
Production challenges
For a full, detailed list, view our report
Market trend
Introduction of innovative contact lenses
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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