|[April 12, 2018]
Global Vision Care Market 2018-2023 - Johnson & Johnson, Cooper, Valeant Pharma, Essilor, and Novartis are Dominating - ResearchAndMarkets.com
Care Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's
According to the report, the global vision care market reached a value
of US$ 54 Billion in 2017. Owing to the below factors, the market is
expected to reach a value of US$ 66 Billion by 2023, exhibiting a CAGR
of around 3.4% during 2018-2023.
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 lack 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.
Johnson & Johnson
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
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
For more information about this report visit https://www.researchandmarkets.com/research/f37xwc/global_vision?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180412006165/en/
[ Back To Homepage ]