Vision Care Market Analysis & Forecast, 2020 – 2025

Report Code - HC2021219AM | Industry - Healthcare | Published on - February, 2021 | Pages - 140 | Format -

Vision Care Market by Product Type, Distribution Channel – Global Market Analysis and Forecast (2020 – 2025)




The vision care market generated revenue of US$ 63.7 billion in 2020 and is expected to reach US$ 78.2 billion by 2025, with a CAGR of 4.2% in the forecast period. The vision care market is growing rapidly, and this is largely attributed to factors such as the increasing prevalence of blindness and vision impairment across the world. The International Agency for the Prevention of Blindness (IAPB) estimates that 1.1 billion people are affected by some form of vision loss, including 43 million classified as blind, 553 million with moderate to severe visual impairment (MVSI), 258 million with mild vision impairment, and 510 million with near vision impairment. Furthermore, an additional 1 billion people require ongoing access to eye care services.

This is of grave concern, especially considering that many of these conditions are preventable and treatable. To bring about much-needed improvements in the quality of vision care, organizations and governments around the world have invested heavily in the development of vision care products and services.

These products and services range from simple eye tests and glasses to more advanced corrective measures such as laser surgery and implants. They are also making use of new technologies and techniques, such as artificial intelligence and augmented reality, to deliver treatments efficiently and cost-effectively.

The vision care market is also benefitting from the growing demand for optical products. Many people are starting to wear glasses or contact lenses to improve their vision, and this is further fuelling the market growth.

Finally, the rise of digital technology and the increasing availability of mobile apps and websites dedicated to vision care are also playing their part in driving the growth of the market. These technologies allow people to quickly and easily access information and services related to vision health without having to travel to a physical location.

As the world's population ages, the demand for vision care is steadily increasing. The primary driver behind this growth is the rising geriatric population. An aging population requires more eye care and vision care services, creating a need for more vision care providers. Additionally, people over the age of 65 are more likely to suffer from age-related vision issues, such as glaucoma, cataracts, and macular degeneration. As a result, they are more likely to seek eye care and vision care services.

The research report on the global vision care market provides extensive competition analysis and competitive conditions. The report includes information on significant products, players, challenges and developments, and other information specific to the vision care market. The data in this report is targeted for business and industry practitioners and specifically intended to assist in the explanation, direction, and to understand the potential of the vision care market. The study focuses on providing readers with an understanding of developments in the industry, market segments, market forecasts, leading players, and market drivers and inhibitors.

  • Goals and objectives of the study
    • Define key market trends, innovations, opportunities, and factors influencing the global vision care market and its sub-segments.
    • Identify and analyze primary industry categories and their respective frameworks for the global vision care market.
    • Predict the total size of the vision care market globally and analyze it based on various segments and regions.
    • Classify key players and assess the business environment based on recent developments and segment revenue.

Chapter 2, Market Overview provides an overview of the vision care market. The chapter includes macro-economic factors, market determinants (includes market drivers, restraints, opportunities, and challenges), value chain analysis, technology/product roadmap, Porter 5 force model analysis, market growth opportunity analysis.

Chapter 3, Segment Analysis of the report deals with the different sub-segments of the market to calculate reliable market forecasts. The vision care market was segmented based on product type, distribution channel. The chapter provides an in-depth analysis of the market segments of the vision care market, year-on-year growth projections that enable readers to identify potential market growth areas.

Chapter 4, Regional Analysis includes an in-depth analysis of the vision care market by region.

Vision Care Market, by Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Regional insight helps market competitors to make crucial decisions about their company. Individualized, country-wise, and segment-wise analyses by region allow readers of the vision care market report to explore the potential of the market in different geographies. For each year's growth projections and a global share of value, this section is a vital part of the report.

Chapter 5 Competitive Analysis of the report includes company shares analysis, a list of acquisitions, mergers, collaboration, and the introduction of new products.

Chapter 6 Company Profile of the report also covers key industry players working on the vision care market. Some of the prominent competitors in the vision care market are Bausch and Lomb, Carl Zeiss, Coopervision, Essilor Group, Johnson & Johnson, Luxottica, Menicon, Novartis, Paragon Vision Science, Valeant Pharmaceuticals. The report also discusses the business strategies adopted by the players at the global, regional, and country-level. The study also focuses on various businesses or inorganic business development strategies for expanding consumer networks through product formation, organization extension, partnerships, mergers, and acquisitions.

The study offers an exhaustive summary and estimate of the global vision care market. It includes in-depth qualitative and quantitative analyses in the report that aligned with the goals and objectives of our customers. Projections have been confirmed by comprehensive primary and secondary analysis. The study will encourage clients to invest in the vision care market based on the current business situation, trends, and potential developments in the segments. Understanding the requirement of the client, the report delivers specialist insights into the global vision care market, its products, and market patterns.

  1. Introduction               
  2. Market Overview
    1. Global Vision Care Market Introduction
    2. Macro- Economic Factor
    3. Market Determinants
      1. Market Driver
      2. Market Restraints
      3. Market Opportunities
      4. Market Challenges
    4. Technology/Product Roadmap
    5. Market Growth Opportunity Analysis
  3. Market Segmentation
    1. Global Vision Care Market Analysis (US$ Mn), By Product Type, 2019 - 2025
      1. Eye Glasses
        1. Single Vision Eyeglasses
        2. Bifocal and Trifocal Eyeglasses
        3. Progressive Eyeglasses
      2. Contact Lens
        1. Spherical Contact Lenses
        2. ToricContact Lenses
        3. Multifocal Contact Lenses
        4. Others
      3. Intraocular Lens
      4. Others
    2. Global Vision Care Market Analysis (US$ Mn), By Distribution Channel, 2019 – 2025
      1. Clinics
      2. E-Commerce
      3. Hospitals
      4. Retail Stores
  4. Regional Analysis
    1. North America Vision Care Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. U.S.
        2. Canada
      2. By Product Type
        1. Eye Glasses
          1. Single Vision Eyeglasses
          2. Bifocal and Trifocal Eyeglasses
          3. Progressive Eyeglasses
        2. Contact Lens
          1. Spherical Contact Lenses
          2. ToricContact Lenses
          3. Multifocal Contact Lenses
          4. Others
        3. Intraocular Lens
        4. Others
      3. By Distribution Channel
        1. Clinics
        2. E-Commerce
        3. Hospitals
        4. Retail Stores
    2. Europe Vision Care Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
      2. By Product Type
        1. Eye Glasses
          1. Single Vision Eyeglasses
          2. Bifocal and Trifocal Eyeglasses
          3. Progressive Eyeglasses
        2. Contact Lens
          1. Spherical Contact Lenses
          2. ToricContact Lenses
          3. Multifocal Contact Lenses
          4. Others
        3. Intraocular Lens
        4. Others
      3. By Distribution Channel
        1. Clinics
        2. E-Commerce
        3. Hospitals
        4. Retail Stores
    3. Asia Pacific Vision Care Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific
      2. By Product Type
        1. Eye Glasses
          1. Single Vision Eyeglasses
          2. Bifocal and Trifocal Eyeglasses
          3. Progressive Eyeglasses
        2. Contact Lens
          1. Spherical Contact Lenses
          2. ToricContact Lenses
          3. Multifocal Contact Lenses
          4. Others
        3. Intraocular Lens
        4. Others
      3. By Distribution Channel
        1. Clinics
        2. E-Commerce
        3. Hospitals
        4. Retail Stores
    4. Middle East & Africa Vision Care Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. GCC
        2. South Africa
        3. Rest of Middle East & Africa
      2. By Product Type
        1. Eye Glasses
          1. Single Vision Eyeglasses
          2. Bifocal and Trifocal Eyeglasses
          3. Progressive Eyeglasses
        2. Contact Lens
          1. Spherical Contact Lenses
          2. ToricContact Lenses
          3. Multifocal Contact Lenses
          4. Others
        3. Intraocular Lens
        4. Others
      3. By Distribution Channel
        1. Clinics
        2. E-Commerce
        3. Hospitals
        4. Retail Stores
    5. Latin America Vision Care Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
      2. By Product Type
        1. Eye Glasses
          1. Single Vision Eyeglasses
          2. Bifocal and Trifocal Eyeglasses
          3. Progressive Eyeglasses
        2. Contact Lens
          1. Spherical Contact Lenses
          2. ToricContact Lenses
          3. Multifocal Contact Lenses
          4. Others
        3. Intraocular Lens
        4. Others
      3. By Distribution Channel
        1. Clinics
        2. E-Commerce
        3. Hospitals
        4. Retail Stores
  5. Company Profiles
    1. Bausch and Lomb
    2. Carl Zeiss
    3. Coopervision
    4. Essilor Group
    5. Johnson & Johnson
    6. Luxottica
    7. Menicon
    8. Novartis
    9. Paragon Vision Sciences
    10. Valeant Pharmaceuticals

Request for Sample Report


Full Name
Company
Job Title/Designation
Business Email
Address
Country
Contact Number
Description
I acknowledge that I have read the Privacy Policy

Inquiry Before Buying


Full Name
Company
Job Title/Designation
Business Email
Address
Country
Contact Number
Description
I acknowledge that I have read the Privacy Policy

Speak to Analyst


Full Name
Company
Job Title/Designation
Business Email
Address
Country
Contact Number
Description
I acknowledge that I have read the Privacy Policy