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Global Vision Care Market Trends, Scope, Demand, Opportunity and Forecast by 2024

 

vision care market size




Vision Care Market to Reach a Value of US$ 70.52 Billion by 2024 and CAGR of around 2.96%


(Medical-NewsWire.com, November 08, 2019 ) Request for a sample copy of this report: https://www.imarcgroup.com/vision-care-market/requestsample



Eyes are a type of sensory organs which provide vision and help human beings to process visual details. It is essential to take care of the eyes as they are sensitive to trauma, inflammation and infection which can further result in blindness. Good vision plays a vital role in performing various activities such as writing, reading and watching TV among others. It also has a significant effect on the several abilities of a person which include developmental learning, communication and work. Poor vision can impact the day-to-day life of an individual and can also give rise to the symptoms of depression and anxiety.



A new research report by IMARC Group, titled “Vision Care Market Research Report and Forecast 2019-2024”, estimates that the global vision care market to reach a value of US$ 70.52 Billion by 2024, at a projected CAGR of around 2.96% during 2019-2024.



Global Vision Care Market Drivers/Constraints:



There has been a significant rise in the usage of electronic devices such as personal computers, laptops, smartphones and tablets among other devices. As a result, the prevalence of vision-related problems has increased which acts as one of the major factors driving the growth of the market.



There has been a shift towards contact lenses since they have emerged as a better alternative to eye glasses on account of enhanced comfort and vision. This, in turn, has contributed towards an augmented demand for a better vision care across the globe.



Some of the other factors which are positively influencing the growth of the global vision care market include growing brand awareness, changing lifestyles, rising pollution and increasing consciousness among consumers about the importance of a healthy vision.



However, there are a large number of counterfeit products available in the market which can lead to a further damage to the vision. This is one of the primary obstacles which is impeding the growth of the market.



Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/vision-care-market



Insights on Market Segmentation:



Breakup by Product Type



1. Glass Lenses



2. Contact Lenses



3. Intraocular Lenses



4. Contact Solutions



5. Lasik Equipment



6. Artificial Tears



Breakup by Distribution Channel



1. Retail Stores



2. Online Stores



3. Clinics



4. Hospitals



Breakup by Region



1. North America



2. Europe



3. Asia Pacific



4. Latin America



5. Middle East and Africa



Competitive Landscape:



The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:



Johnson & Johnson

Cooper

Bausch (Valeant Pharmaceuticals)

Essilor

Novartis AG



About Us



IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.



IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC Services Pvt. Ltd.

Richard Lewis

6317911145

sales@imarcgroup.com

Source: EmailWire.Com

Source: EmailWire.com


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