Vision care
According to latest research by SkyQuest Technology, the global eye care market was valued at USD 66.45 Billion in 2021, and it is expected to reach USD 85.69 Billion by 2028, growing at a CAGR of 3.7% in during the forecast period 2022-2028. The research provides up-to-date eye care market analysis of the current market landscape, latest trends, drivers and overall market environment.
Get the report: https://skyquestt.com/report/vision-care-market
Visual aids make it easier to perform routine tasks like reading, writing, and imaging. It impacts a person’s ability to cooperate and communicate with others. However, there has been a noticeable increase in the number of people suffering from vision-related diseases such as cataracts, glaucoma, conjunctivitis and retinal detachment. Unhealthy lifestyles, an aging population and increasing pollution are the cause. More diverse eye care drugs are created and produced as a result. These drugs are available in the form of pills, ointments and drops everywhere.
For example, according to the World Health Organization, cataracts cause 51% of blindness worldwide. The increasing risks of cataract occurrence, which will mainly affect developed and developing countries, will also increase the need for eye care.
Due to poor diet and the increase in chronic diseases, there are more related visual abnormalities that can lead to partial or complete vision loss. Global sales of eye care products have thus increased. Additionally, cutting-edge treatments including gene therapy, stem cell therapy, and computerized eye testing are expected to fuel the growth of the market in the coming years.
Read the Market Research Report, “Global Eye Care Market by Product Type (Spectacle Lenses, Contact Lenses, Cleaning and Disinfecting Solutions), Distribution Channel (Retail Stores, Online Stores, hospitals and clinics) and region – Forecast and analysis 2022-2028″ by SkyQuest
Download a sample report: https://skyquestt.com/sample-request/vision-care-market
Due to the growing prevalence of cataracts globally, the market is set to grow in the coming years. The prevalence of cataracts is increasing, helping the industry to thrive, as are eye sight requirements. The market is expected to be driven in part by the growing number of people with eye diseases.
The newly built contact lens manufacturing plant in suburban Phoenix, which is certified by the United States Food and Drug Administration (FDA), will have a beneficial effect on market trends in the eye care industry. For example, the facility will create innovative ortho-k products for use in the United States, including Paragon CRT®. The new property is larger than the company’s current facility, which is located nearby in Mesa, Arizona.
The exponential rise of digital devices has completely disrupted the eye care market. Excessive use of electronic devices like laptops, smartphones, and PCs can cause various eye problems. Overuse of electronic devices has increased the prevalence of eye conditions such as computer vision syndrome and retinal degeneration. As the world continues its transition towards digitalization, the market for eye care products is expected to grow significantly.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data and verifiable revenue projections of the Vision Care market. The projections presented in the report have been derived using proven research methodologies and assumptions.
Report results
● Motors – The market is going to grow in the coming years due to the increasing prevalence of cataracts in the world. The vision requirement increases as the incidence of cataracts increases, which helps the industry grow.
● Restraint – Contact lens issues and a general lack of awareness about the benefits of eye care products and services are expected to restrain the growth of the industry in emerging countries.
Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/vision-care-market
What does this report bring?
● Market estimate for more than 20 countries
● Vision Care Market Demand by Region, Sub-Region and Country
● Customization of segments, regions and company profiles
● 100+ tables, 150+ numbers
● Global, regional and national vision care market trends
● Complete mapping of eye care industry parameters
● Attractive investment proposition in the global eye care industry
● Competitive strategies adopted by key players in the eye care market
● Drivers, Restraints, Opportunities, Challenges and Impact on Eye Care Market Sizing
● Market growth rate till 2028
● Regulatory scenario, regional dynamics and vision care market overview of major countries in each region
● Detailed market information by region and country
● Analysis of market segmentation trends, opportunities and growth
● Porter’s five forces analysis to know the state of the market
● Analysis of prices and sales in the eye care market
● Parent market analysis
● Comparative analysis of the product portfolio
SkyQuest has segmented the global vision care market on the basis of product type, distribution channel, and region:
● Global eye care market by product type (revenue, billion US$, 2021-2028)
o Spectacle lenses
o Contact lenses
o Cleaning and disinfection solutions
● Global eye care market by distribution channel (revenue, billion US$, 2021-2028)
o Retail stores
o Online shops
o Hospitals and clinics
● Global Eye Care Market by Region (Revenue, Billion US$, 2021-2028)
o North America
▪ United States
▪ Canada
o Europe
▪ Germany
▪France
▪ United Kingdom
▪ Italy
▪ Spain
▪ Rest of Europe
o Asia-Pacific
▪ China
▪ India
▪ Japan
▪ Rest of Asia Pacific
o Latin America
▪ Brazil
▪ Rest of CSA
o Middle East and Africa
▪ GCC countries
▪ South Africa
▪ Rest of MEA
Key players in the global eye care market
● ESSILORLUXOTTICA (France)
● Bausch Health (Canada)
● The Cooper Companies Inc (USA)
● NOVARTIS AG (Switzerland)
● Cadila Healthcare (India)
● Johnson & Johnson Services Inc. (United States)
● Rayner Surgical Group Limited (UK)
● Menicon (Japan)
● Carl-Zeiss-Stiftung (Germany)
About Us:
SkyQuest Technology is a leading growth consulting firm providing market intelligence, marketing and technology services. It has more than 450 satisfied customers worldwide.
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1 Apache Way, Westford, Massachusetts 01886
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Email: sales@skyquestt.com
This press release was published on openPR.
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