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.
Leading Players operating in the Vision Care Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Alcon (Part of Novartis AG)
Johnson & Johnson Services, Inc.
Bausch Health Companies Inc.
Get Detailed Analysis on Vision Care Market Research Report
Vision Care Market Scope:
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.
Detailed Table of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4.1. Introduction of New Products / Approvals (by Major Players)
4.2. Epidemiology of Ocular Disease - For Key Countries, 2018
4.3. Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
4.4. Snapshot: U.S Reading Glasses Market, 2018
4.5. Key Trends in Vision Care Market
4.6. Key Pipeline Products
Global Vision Care Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product Type
126.96.36.199. Contact Lens
5.2.2. Intraocular Lenses
5.2.3. Ocular Health
5.3. Market Analysis, Insights and Forecast – By Distribution Channel
5.3.1. Retail Store
5.3.2. Online Store
5.3.3. Hospitals and Clinics
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.3. Asia Pacific
5.4.4. Latin America
5.4.5. Middle East & Africa
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Reasons to Purchase this Report:
Comprehensive analysis of the Vision Care Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
What are the key technological and Vision Care Market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
Why Choose Fortune Business Insights?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Vision Care Market growth?
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