The global vision care market size is expected to reach USD 192.85 billion by 2026, exhibiting a CAGR of 5.6% during the forecast period. Increasing awareness regarding ocular diseases in emerging nations is expected to aid the growth of the market. The increasing adoption of vision care products will boost the vision care market growth in the forthcoming year. In addition, the growing cases of cataracts to create growth opportunities for the market. For instance, according to the World Health Organization, 51% of the world’s blindness is caused due to cataracts. In addition, the increasing risks of cataract incidence predominantly in developing as well as developed countries will fuel demand for vision care.

Request a Sample Copy of the Research Report:

https://www.fortunebusinessinsights.com/enquiry/sample/vision-care-market-101731

As per the report, published by Fortune Business Insights in a report, titled “Vision Care Market Size, Share & Industry Analysis, By Product Type (Eyewear, Intraocular Lens, and Ocular Health), By Distribution Channel (Retail Store, Online Store, Hospital & Clinics), and Regional Forecast, 2019-2026” the market size stood at USD 125.16 billion in 2018. The report offers dynamic insights on all the prevailing trends and characteristics of the vision care market. It provides an all-encompassing summary and analytical data of all the segments. It is created after extensive research followed by deep analysis to benefit companies, stakeholders, financers and potential investors. It is designed with an aim to provide a clear picture of the market size. In addition, it also includes the latest advances and development, product launches, acquisitions, collaborations & partnerships, and others.

Favorable Reimburusmnet policies to Stimulate Growth in North America

North America generated a revenue of USD 38.82 billion in 2018 and is expected to remain dominant during the forecast period. Higher adoption of vision care products in the region will further create opportunities for the market. Factors such as increasing awareness of the ocular disease, favorable reimbursement for cataract surgery, and increasing inclination towards eye care products is projected to further escalate the market’s revenue in North America. The market in Latin America is estimated to grow at a steady rate alongside the Middle East and Africa. The unmet need for vision care in Latin America is estimated to be one of the prime reasons for spurring the growth in the region

FDA Approval for Pargon’s New Manufacturing Facility to Spur Sales Opportunities

The approval of Paragon Vision Science’s newly-constructed contact lens manufacturing site in suburban Phoenix by the U.S. Food and Drug Administration (FDA) will boost the vision care market trends. For instance, The facility will produce advanced ortho-k products such as Paragon CRT® for use in the United States. The new site is more than double the size of the company’s current plant in nearby Mesa, Arizona. Furthermore, the launch of TECNIS Synergy IOL by Johnson and Johnson’s vision division will foster the growth of the market. For instance, Johnson and Johnson’s vision division launched TECNIS Synergy IOL, an advanced intraocular lens that provides continuous high-contrast vision correction for patients with cataracts from far through near, even in low-light conditions. In addition, the increasing accessibility of spectacles and sunglasses owing to the affordability in emerging nations will further accelerate the growth of the market.

Quick Buy – Vision Care Market Research Report:

https://www.fortunebusinessinsights.com/checkout-page/101731

Some of the Major Companies in the Global Vision Care Market :

  • Alcon (Part of Novartis AG)
  • Essilor
  • CooperVision
  • Johnson & Johnson Services, Inc.
  • Bausch Health Companies Inc.
  • GrandVision
  • Carl Zeiss
  • Menicon
  • Luxottica
  • Other Prominent Players

Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/vision-care-market-101731

Table Of Content :

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Introduction of New Products / Approvals (by Major Players)
    • Epidemiology of Ocular Disease – For Key Countries, 2018
    • Key Industry Developments – Mergers, Acquisitions, and Partnerships, 2018
    • Snapshot: U.S Reading Glasses Market, 2018
    • Key Trends in Vision Care Market
    • Key Pipeline Products
  • Global Vision Care Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Product Type
      • Eyewear
        • Spectacles
        • Sunglasses
        • Contact Lens
      • Intraocular Lenses
      • Ocular Health
    • Market Analysis, Insights and Forecast – By Distribution Channel
      • Retail Store
      • Online Store
      • Hospitals and Clinics
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East & Africa
  • North America Vision Care Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis – By Product Type
      • Eyewear
        • Spectacles
        • Sunglasses
        • Contact Lens
      • Intraocular Lenses
      • Ocular Health
    • Market Analysis – By Distribution Channel
      • Retail Store
      • Online Store
      • Hospitals and Clinics
    • Market Analysis – By Country
      • U.S.
      • Canada

Toc Continue…

Get your Customized Research Report:https://www.fortunebusinessinsights.com/enquiry/customization/vision-care-market-101731

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

Fortune Business Insights™

LinkedIn | Twitter | Blogs

Press Release: https://www.fortunebusinessinsights.com/press-release/vision-care-market-9419

Related Reports:

Pharmacy Benefit Management Market

Pharmacy Benefit Management Market Size

Pharmacy Benefit Management Market Share

Pharmacy Benefit Management Market Trends

Pharmacy Benefit Management Market Growth

Pharmacy Benefit Management Market Analysis

Pharmacy Benefit Management Market Business Opportunities

Pharmacy Benefit Management Market Key Players

Pharmacy Benefit Management Market Demand

Pharmacy Benefit Management Market Competitive Landscape

Pharmacy Benefit Management Market Segments

Pharmacy Benefit Management Market Overview

Pharmacy Benefit Management Industry

Pharmacy Benefit Management Market Stastistic

Pharmacy Benefit Management Market Devlopment Strategy

Pharmacy Benefit Management Market Future Growth

Pharmacy Benefit Management Market Research Methodology

Pharmacy Benefit Management Market Drivers

Pharmacy Benefit Management Market Manufacturers

Pharmacy Benefit Management Market Revenue

Pharmacy Benefit Management Market Growth Analysis

Pharmacy Benefit Management Market Search Analysis

Pharmacy Benefit Management Market Condition

Pharmacy Benefit Management Market Covid Effect

Pharmacy Benefit Management Market CAGR Value

Pharmacy Benefit Management Market Updates

Leave a Reply

Your email address will not be published. Required fields are marked *