Global Vision Care Product
Market is segmented by Distribution Channel into Retail stores, Online stores,
Clinics, and Hospitals. Vision care is defined as the anticipation or
minimization of threats to the eye or visual integrity. Vision care deals with both
- vision and eye associated problems, and corrects refractive errors by
prescribed eyeglasses and contact lenses.
The two eyes deliver about half of the total sensory input from entire
body to the brain. Eyes are sensitive to inflammation, infection, or trauma
that may end up in blindness. Uncorrected refractive mistakes are the main
cause of severe and reasonable visual impairment, while the circumstances such
as pink eye and cataracts (non-refractive errors) are the foremost causes of
blindness in middle and low-income countries.
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The governments in many
countries have presented national programs and strategies to control and
prevent visual impairment. Eye care services are easily obtainable and
progressively being integrated into primary and secondary healthcare systems.
High investments from leading players of the market and increasing research
with respect to cultivation and supply of eyeglasses, lenses are expected to
drive the vision care product market. In terms of revenue, the North American
vision care market is expected to hold the largest market share by 2021. This
could be attributed to cumulative occurrence of the chronic diseases and the
upsurge in aging population prone to eye disorders such as cataract, glaucoma,
etc.
The vision care products
market is determined by growth in the number of patients suffering from eye
disorders such as astigmatism, myopia, presbyopia, and hyperopia. Myopia is the
most common disorder and affects 1.6 billion people across the globe, though
presbyopia is originated in about one billion people globally. The spread of
hyperopia disorder is mounting at an important level in the aging population.
More than half of the population aged 65 and above in the U.S. are infected with
hyperopia.
Currently, vision care
product market is driven by the aging population, increasing occurrence of eye
disorders such as myopia, hyperopia, astigmatism and presbyopia, technological
advancement in the healthcare industry. Increase in disposable income levels
coupled with health consciousness among general population is expected to drive
the vision care product market by 2021. Also, increased usage of computers and
television has contributed towards the growth of vision care products at the global
level.
Vision Care Product Market
is segmented by Product Spectacle lenses into single vision spectacle
lenses(Digital lenses), Progressive lenses, Contact Lenses (Soft contact
lenses, Rigid gas permeable lenses, Disposable contact lenses), Cleaning and
disinfecting solutions, Eye glasses (Single vision eyeglasses, Bifocal
eyeglasses, Progressive eye glasses). Vision Care Product Market is segmented
by Geographical Region into North America, South America, Eastern Europe,
Western Europe, Asia-Pacific, Japan, Middle East, and Africa.
Asia-Pacific is emerging
as a dominating vision care products market due to increasing awareness
regarding healthcare and rising disposable income. Among the Asian countries,
India and China are more promising due to large population pool, and increasing
number of hospitals. Vision Care Product Market Key Players include Alcon,
Inc., SEIKO OPTICAL PRODUCTS CO., LTD., Johnson & Johnson Vision Care,
Essilor International, CIBA Vision Corporation, Bausch & Lomb Incorporated,
Cooper Vision, Inc., ZEISS Group, HOYA CORPORATION and others.
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