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$66 Billion Global Vision Care Market 2017-2022 with Growing Prevalence of Electronic Screens Being a Major Driver - Research and Markets
[January 11, 2018]

$66 Billion Global Vision Care Market 2017-2022 with Growing Prevalence of Electronic Screens Being a Major Driver - Research and Markets

The "Vision Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to's offering.

The global vision care market reached a value of US$ 54 Billion in 2016, and the market is expected to reach a value of US$ 66 Billion by 2022, exhibiting a CAGR of around 3.4% during 2017-2022.

This report provides a deep insight into the global vision care market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.

Growing prevalence of electronic screens in day-to-day lives represents the key factor driving the global vision care market. Increased use of laptops, PCs, tablets, mobile phones, and other devices along with sedentary lifestyles and unhealthy diets have led to the development of vision related problems such as myopia, astigmatism, hyperopia, retinal tears, macular edema, diabetic retinopathy, etc. Additionally, the lac of comfort associated with eye glasses has augmented the demand for contact lenses, which is further driving the market.

Moreover, brand name and product design have become the deciding factors for purchase, instead of functionality. This paradigm shift in the consumer behaviour and growing brand awareness has led to the expansion of the market.

The report has segmented the market on the basis of type into glass lenses, contact lenses, intraocular lenses, contact solutions, lasik equipment, and artificial tear. Amongst these, glass lenses represent the most popular product type.

On the basis of the distribution channels, the market has been segmented into retail stores, online stores, clinics, and hospitals.

Currently, retail store is the largest distribution channel, accounting for the majority of total sales.

On a regional basis, the report covers North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Currently, North America represents the largest region.

The report has also analysed the competitive landscape of the market with some of the key global players being Johnson & Johnson, Cooper, Valeant Pharmaceuticals, Essilor, and Novartis AG.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Vision Care Market

6 Market Breakup by Product Type

7 Market Breakup by Distribution Channel

8 Market Breakup by Region

9 Vision Care Manufacturing Process

10 Competitive Landscape

  • Cooper
  • Essilor
  • Johnson & Johnson
  • Novartis AG
  • Valeant Pharmaceuticals

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