Vision Care Market Trends, Share, Demand, Growth and Forecast 2023-2028

IMARC Group's report titled “Vision Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. offers a comprehensive analysis of the industry, which comprises insights on the global vision care market trends. The global market size reached US$ 69.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 85.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.39% during 2023-2028.

Vision care encompasses a broad range of services, products, and procedures to maintain or improve visual health. This includes corrective eyewear, such as glasses and contact lenses, as well as surgical procedures like cataract removal and laser eye surgery. The sector also provides preventative measures such as regular eye examinations and screenings to detect eye diseases at an early stage. In addition, vision care extends to therapeutic interventions for eye conditions like dry eye syndrome, glaucoma, and macular degeneration. The focus is on providing comprehensive solutions to various vision-related challenges faced by individuals. It plays a crucial role in enhancing the quality of life for people globally by allowing them to perform day-to-day activities effectively and safely. As a result, vision care has gained immense traction as a necessity in today’s digitally driven world.

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Vision Care Market Trends and Drivers:

The global vision care market is primarily driven by the escalating prevalence of vision-related issues, owing to an aging population and increased screen time in both occupational and recreational settings. Additionally, technological advancements are allowing for more effective and less invasive treatment options, making vision care more accessible and appealing to a larger population. In line with this, there is a growing awareness about the importance of regular eye check-ups and early diagnosis, which in turn is catalyzing the demand for vision care products and services. Furthermore, the emergence of eco-friendly and sustainable products is influencing consumer preferences, thereby fostering market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

• Glass Lenses
• Contact Lenses
• Intraocular Lenses
• Contact Solutions
• LASIK Equipment
• Artificial Tears

Distribution Channel Insights:

• Retail Stores
• Online Stores
• Clinics
• Hospitals

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Competitive Landscape with Key Player:

• Johnson & Johnson Services, Inc.
• CooperVision, Inc. (Cooper Companies, Inc.)
• Bausch Health Companies, Inc.
• Essilor International
• Novartis International AG

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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