Eye Care Supplements Market | Global Top Key Players Analysis | Which is Expected to Grow at a CAGR of 10.8% by 2023

Market Research Future published a Half-Cooked Research Report on “Global Eye Care Supplements Market Research Report - Forecast to 2023”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Global Eye Care Supplements Market   - Overview

Eye care supplements are used for a number of eye diseases such as cataract, muscular degeneration and diabetic retinopathy. They include antioxidants, anti-inflammatory supplements, fatty acids and other vitamins improving eye health.

Rising prevalence of vision impartment, diabetic retinopathy in geriatric population and diabetes across the globe. Furthermore, rise in the demand for eye supplements especially the antioxidants will accelerate the market growth. High cost of these supplements restrains the market growth in developing countries.

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Global Eye Care Supplements Market   - Competitive Analysis

Biosyntrx Inc. (U.S.), Nordic Naturals Inc. (U.S.), Bristol-Myers Squibb Company (U.S.), Healths Harmony USA Supplements LLC (U.S), NUSAPURE (U.S.), Vitabiotics Ltd. (U.K), Bausch & Lomb Incorporated (U.S.) Novartis AG (Switzerland), Amway (U.S.), Akorn Consumer Health (U.S.), Butterflies Healthcare Ltd (U.K), Herbalife International of America Inc. (U.S.), SUSS Technology Corp. (U.S.), Sequoia (U.S.), and Allergan, Plc (Republic of Ireland) are some of the prominent players at the forefront of competition in the Global Eye Care Supplements Market and are profiled in MRFR Analysis. 

There are numerous players operates in this market all over the globe. Many organizations especially in North American, and European region have their own manufacturing units. While some organizations outsource their facility of manufacturing to other organizations. There are plenty of large and small market players available in the market which provide the wide range of products for eye care supplements.

November, 2017- Allergan plc. announced its data will be presented at the annual American Academy of Ophthalmology (AAO) meeting in New Orleans, Louisiana, U.S. Allergan has a portfolio of leading brands and best-in-class products for the central nervous system, eye care, medical aesthetics and dermatology, gastroenterology, women's health, urology and anti-infective therapeutic categories. The company is an industry leader in Open Science, a model of research and development, which defines company's approach to identifying and developing ideas and innovation for better patient care.

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August, 2016- Allergan acquired eye care company ForSight VISION5 which added peri-ocular ring technology to Company's leading portfolio of innovative eye health products. Allergan has been a leader in the development and introduction of novel treatments for underserved eye conditions, including glaucoma, chronic dry eye disease and other ocular conditions. According to company reports, this acquisition of this ring technology that has profoundly change the way patients receive treatment. The ring is a preservative-free, non-invasive peri-ocular product that rests on the surface of the eye .It is inserted by an Ophthalmologist or Optometrist, and releases medication (bimatoprost) over multiple months to lower elevated IOP in glaucoma and ocular hypertensive patients.

Global Eye Care Supplements Market   - Regional Analysis

The Americas are the largest market for eye care supplements which is driven by an increasing prevalence of vision impairment among adults in the U.S. Furthermore, increased R&D activities and the concentration of major companies have fuelled the growth of the market in this region. Europe is the second largest market. The market growth in the Europe is driven by the extensive use of eye care products and supplements and availability of cost effective treatment. The U.K is the largest market for eye care supplements in Europe owing to increasing prevalence of diabetes, better awareness, and reimbursement policies for diabetes management and eye care. Asia Pacific is expected to be the fastest growing market for eye care supplements owing to an increase in the prevalence of diabetes and other lifestyle diseases. Availability of high quality and affordable treatment options further boost the market growth.

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China and India are expected to web the fastest growing market in Asia Pacific. According to an article published in International Journal of Community Medicine and Public Health, there has been a rise in the number of cataract patients in India in 2016. The government works on cataract surgical intervention program under Vision 2020. In China, the prevalence of diabetic retinopathy is found to be increasing with an increase in the diabetic population. According to an article published in Eye and Vision journal 2015, in Japan has 7.2 million people diagnosed with diabetes and the number is found to show an increase with changing lifestyles and rising prevalence of lifestyle diseases such as obesity. On the other hand, the Middle East & Africa holds the least share of the market owing to less availability of funds, limited medical facilities, and deprived political conditions in Africa.  

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