Insights on the $53 Billion Eye Care Global Market to 2026 – Key Drivers and Challenges – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Eye Care Market, By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others), By Coating (Anti-Glare, UV coating, Others), By Lens Material (Normal Glass, Polycarbonate, Others), By Distribution channel, By Region, Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering.
The Global Eye Care Market was valued at USD53.05 billion in 2020 and is expected to witness a significant CAGR of 6.31% during the forecast period owing to the growing awareness towards eye health and increasing prevalence of various eye disorders around the world.
Additionally, rising awareness about ocular diseases such as myopia has created a spike in the demand for eye care products such as eyeglasses and sunglasses among consumers. Furthermore, increasing usage of electronic devices such as smartphones has led to various eye related disorders, which is propelling the growth of the eye care market. Also, advent of innovative technologies in the eye care industry has enabled manufacturers to launch new products, which is expected to drive the market growth in the coming years.
Moreover, initiatives being taken by governments and various health organizations to spread awareness about eye care are providing a major boost for the market growth. The growing geriatric population base is also acting as a key factor for the growth of eye care market as they are highly prone to one or more vision related disorders and diseases. Apart from that, increasing level of air pollution is leading to various eye related problems, which is creating a high demand for eye care products.
The Global Eye Care Market can be segmented based on product type, coating, lens material, distribution channel and region. Among them, the e-commerce segment is expected to dominate the market during the forecast period as they offer a variety of eye care products to choose from and some of them also offer products at a discounted price. Some of these e-commerce sites are also introducing online testing, where one can check the status of their eyes and take professional advice.
Companies Mentioned
- EssilorLuxottica SA
- Johnson and Johnson
- Alcon Inc
- Hoya Corporation
- Allergan Inc
- CopperVision Inc
- Bausch and Lomb Inc
- Menicon Co Ltd
- Carl Zeiss Meditec AG
- Pfizer Inc.
- Novartis AG
- Merck & Co. Inc
- F. Hoffmann-La Roche AG
- Interojo Inc
- Avizor SA
Objective of the Study:
- To analyze the historical growth in the market size of the Global Eye Care Market from 2016 to 2020.
- To estimate and forecast the market size in the Global Eye Care Market from 2021 to 2026.
- To classify and forecast the Global Eye Care Market based on type product, by coating, by lens material, End-User, and regional distribution.
- To identify drivers and challenges for the Global Eye Care Market.
- To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Global Eye Care Market.
- To conduct pricing analysis for the Global Eye Care Market.
- To identify and analyze the profile of leading players operating in the Global Eye Care Market.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Eye Care Market
4. Executive Summary
5. Voice of Customer
6. Global Eye Care Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)
6.2.2. By Coating (Anti-Glare, UV, Others)
6.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)
6.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)
6.2.5. By Company (2020)
6.2.6. By Region
6.3. Product Market Map
7. North America Eye Care Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
7.3. : North America Country Analysis
8. Europe Eye Care Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Europe: Country Analysis
9. Asia Pacific Eye Care Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. Asia Pacific: Country Analysis
10. South America Eye Care Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. South America: Country Analysis
11. Middle East and Africa Eye Care Market Outlook
11.1. Market Size & Forecast
11.2. Market Share & Forecast
11.3. MEA: Country Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (SWOT Analysis of Top 5 Players Profiled)
15. Strategic Recommendations
16. About the Publisher & Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/35i9m5
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