Vision Care Market to record a CAGR of 3.83%|17000+ Technavio Research Reports

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Frequently Asked Questions:

  • Based on segmentation by product, which is the leading segment in the market?

    The glass lens segment is the leading product segment in the market.
  • How big is the APAC market?

    35% of the market’s growth will originate from APAC during the forecast period.
  • What is the year-over-year growth rate in 2021?

    The estimated year-over-year growth rate in 2021 is 2.07%.
  • Which are the key countries in the market?

    The US, China, and Germany are some of the key countries in the market.

The vision care market is fragmented, and the degree of fragmentation will accelerate during the forecast period. In a bid to help players strengthen their market foothold, this vision care market forecast report provides a detailed analysis of the leading market vendors. Bausch Health Companies Inc., Carl Zeiss AG, Essilor International SAS, Johnson and Johnson Inc., Menicon Co. Ltd., Novartis AG, Sensimed AG, SynergEyes Inc., The Cooper Companies Inc., and UltraVision CLPL are some of the major market participants. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

The rise in M&A, rise in diabetic population, and initiatives to create awareness regarding vision care will offer immense growth opportunities. However, limitations in vision care products are likely to pose a challenge for the market vendors.

Vision Care Market 2021-2025: Segmentation

  • Product
    • Glass Lens
    • Contact Lens
    • Intraocular Lenses
    • Contact Lens Solution
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about various contributing segments and their impact on the market, Download PDF Sample

Vision Care Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The vision care market report covers the following areas:

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Vision Care Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist vision care market growth during the next five years
  • Estimation of the vision care market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the vision care market across North America, Europe, APAC, South America, and MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of vision care market vendors

Related Reports:

  • Photochromic Lenses Market by Application and Geography – Forecast and Analysis 2020-2024: The photochromic lenses market size is expected to grow by USD 216.82 mn and record a CAGR of 1% from 2020 to 2024. View Free Sample Report
  • Cosmetic Contact Lenses Market by Distribution Channel and Geography – Forecast and Analysis 2020-2024: The cosmetic contact lenses market size has the potential to grow by USD 348.86 million from 2020 to 2024. Download Exclusive Free Sample Report

Vision Care Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.83%

Market growth 2021-2025

USD 11.94 billion

Market structure

Fragmented

YoY growth (%)

2.07

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 35%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bausch Health Companies Inc., Carl Zeiss AG, Essilor International SAS, Johnson and Johnson Inc., Menicon Co. Ltd., Novartis AG, Sensimed AG, SynergEyes Inc., The Cooper Companies Inc., and UltraVision CLPL

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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