Report Scope & Overview:
Vision Care Devices Market is expected to grow at a CAGR of 7.5% from 2022 to 2030.
Global Vision Care Devices Market research provides insights into consumer behavior, industry trends, and market competition through the use of various research techniques, including surveys, interviews, and data analysis. The industry serves a wide range of clients, including businesses, government agencies, and non-profit organizations. Vision Care Devices Market is highly diverse, with a range of services and specialties, including quantitative and qualitative research, brand research, product testing, customer satisfaction research, and competitive analysis.
Overall, Vision Care Devices market plays a crucial role in helping businesses and organizations make informed decisions based on data-driven insights. As the demand for data-driven decision-making continues to grow, Vision Care Devices market research is expected to experience further growth and innovation in the coming years.
Vision Care Devices Market Growth Factor
Increasing prevalence of vision disorders: The global prevalence of vision disorders, such as myopia, presbyopia, cataracts, and glaucoma, is rising due to factors like aging population, changing lifestyles, and increased digital device usage. This has led to a higher demand for vision care devices to correct and manage these conditions.
Technological advancements: The vision care devices market has benefited from continuous technological advancements. Innovations in areas such as refractive surgery, contact lenses, intraocular lenses, and laser-assisted devices have improved the effectiveness, safety, and precision of vision correction procedures, attracting more patients and driving market growth.
Increasing awareness and healthcare expenditure: Growing awareness about the importance of vision care, along with increasing healthcare expenditure, has contributed to the market growth. Individuals are becoming more proactive in seeking vision care solutions and are willing to invest in advanced vision care devices to improve their visual acuity and quality of life.
Lifestyle changes and digital device usage: Modern lifestyle factors, including increased screen time and prolonged use of digital devices, have led to a higher prevalence of conditions like digital eye strain and myopia progression in younger populations. This has fueled the demand for vision care devices such as blue-light-blocking glasses, specialized contact lenses, and computer glasses.
Growing geriatric population: The aging population is a significant driver for the vision care devices market. With age, the risk of vision disorders such as cataracts, macular degeneration, and presbyopia increases. As the elderly population continues to grow, there is a higher demand for vision care devices to address age-related vision impairments.
Increasing disposable income and urbanization: Rising disposable income levels, particularly in developing regions, have led to increased affordability and accessibility of vision care devices. Urbanization has also played a role, as urban areas tend to have better healthcare infrastructure, higher awareness about vision care, and increased availability of vision care services and products.
Market Segmentations:
Global Vision Care Devices Market: By Company
• Johnson & Johnson
• Allotex
• ZEISS
• VisionCare
• Biotech Group
• Abbott
• Bionic Sight
• NIDEK
• Alcon
• Essilor
• Ziemer
Global Vision Care Devices Market: By Type
• Contact Lenses
• Glaucoma Drainage Devices
• Intraocular Lenses
• Ophthalmic Lasers
• Others
Global Vision Care Devices Market: By Application
• Surgery
• Diagnosis
• Vision Care
Global Vision Care Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Vision Care Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
| Report Attribute/Metric | Details |
| Compound Annual Growth Rate (CAGR) | 7.5%(2022-2030) |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Data | 2018-2020 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Company, By Type, By Application and By Region |
| Key Companies Profiled | • Johnson & Johnson • Allotex • ZEISS • VisionCare • Biotech Group • Abbott • Bionic Sight • NIDEK • Alcon • Essilor • Ziemer |
| Regions and Key Countries Covered | U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America |
| Customization Scope | Available on Request |
Reasons to Purchase Vision Care Devices Market Report:
• To gain insights into market trends and dynamics: this reports provide valuable insights into industry trends and dynamics, including market size, growth rates, and key drivers and challenges.
• To identify key players and competitors: this research reports can help businesses identify key players and competitors in their industry, including their market share, strategies, and strengths and weaknesses.
• To understand consumer behavior: this research reports can provide valuable insights into consumer behavior, including their preferences, purchasing habits, and demographics.
• To evaluate market opportunities: this research reports can help businesses evaluate market opportunities, including potential new products or services, new markets, and emerging trends.
• To make informed business decisions: this research reports provide businesses with data-driven insights that can help them make informed business decisions, including strategic planning, product development, and marketing and advertising strategies.
Overall, market research reports provide businesses and organizations with valuable information that can help them make informed decisions and stay competitive in their industry. They can provide a solid foundation for business planning, strategy development, and decision-making.
Objectives of Vision Care Devices Market Study:
The objectives of Vision Care Devices market research report may vary depending on the specific needs and goals of the business or organization commissioning the report. However, some common objectives of market research reports include:
• Understanding the market size and potential: One of the primary objectives of Vision Care Devices market research is to understand the size and potential of a particular market. This includes analyzing market trends and dynamics, identifying key players and competitors, and assessing the demand for products or services.
• Identifying target customers and segments: this market research reports can help businesses identify and understand their target customers and market segments, including their preferences, behaviors, and demographics. This information can be used to develop targeted marketing and advertising strategies.
• Evaluating product or service performance: this market research reports can provide valuable insights into the performance of products or services, including customer satisfaction, product usage, and product quality. This information can be used to improve products or services and enhance customer satisfaction.
• Assessing market opportunities and threats: this market research reports can help businesses identify potential market opportunities and threats, including emerging trends, competitive threats, and new market entrants. This information can be used to develop strategic plans and make informed business decisions.
• Developing effective marketing and advertising strategies: this market research reports can help businesses develop effective marketing and advertising strategies by providing insights into customer preferences and behavior, competitive dynamics, and market trends. This can help businesses improve brand awareness, customer engagement, and overall marketing effectiveness.
Overall, the objectives of Vision Care Devices market research report are to provide businesses and organizations with valuable insights and data-driven recommendations that can help them make informed business decisions and stay competitive in their industry.
Frequently Asked Questions
The key segments of the vision care devices market typically include eyeglasses (prescription glasses, sunglasses, and frames), contact lenses (soft, rigid gas permeable, and specialty lenses), intraocular lenses, refractive surgery devices, and ophthalmic diagnostic equipment. However, the specific segmentation may vary depending on the research report or market analysis being referred to.
The region expected to witness the highest growth in the vision care devices market can vary over time and depend on various factors. Emerging economies with large populations, such as China and India, are often projected to experience significant growth due to increasing healthcare expenditure and rising awareness of vision care. However, it is recommended to consult the latest market research reports for region-specific growth projections.
Some major challenges faced by the vision care devices market include high cost associated with advanced devices and procedures, limited access to eye care services in certain regions, the risk of complications and side effects associated with vision correction surgeries, increasing competition among market players, and regulatory hurdles in some markets.
Several leading companies operate in the vision care devices market, including EssilorLuxottica, Johnson & Johnson Vision, Novartis AG (Alcon), Carl Zeiss Meditec AG, CooperVision, Bausch Health Companies Inc., Hoya Corporation, Topcon Corporation, Nidek Co., Ltd., and ZEISS International, among other
TABLE OF CONTENT
1.1 Product Overview and Scope of Vision Care Devices
1.2 Vision Care Devices Segment by Type
1.2.1 Global Vision Care Devices Market Value Comparison by Type (2023-2029)
1.2.2 Contact Lenses
1.2.3 Glaucoma Drainage Devices
1.2.4 Intraocular Lenses
1.2.5 Ophthalmic Lasers
1.2.6 Others
1.3 Vision Care Devices Segment by Application
1.3.1 Global Vision Care Devices Market Value by Application: (2023-2029)
1.3.2 Surgery
1.3.3 Diagnosis
1.3.4 Vision Care
1.4 Global Vision Care Devices Market Size Estimates and Forecasts
1.4.1 Global Vision Care Devices Revenue 2017-2032
1.4.2 Global Vision Care Devices Sales 2017-2032
1.4.3 Global Vision Care Devices Market Average Price (2017-2032)
1.5 Assumptions and Limitations
2 Vision Care Devices Market Competition by Manufacturers
2.1 Global Vision Care Devices Sales Market Share by Manufacturers (2017-2023)
2.2 Global Vision Care Devices Revenue Market Share by Manufacturers (2017-2023)
2.3 Global Vision Care Devices Average Price by Manufacturers (2017-2023)
2.4 Global Vision Care Devices Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Vision Care Devices, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Vision Care Devices, Product Type & Application
2.7 Vision Care Devices Market Competitive Situation and Trends
2.7.1 Vision Care Devices Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Vision Care Devices Players Market Share by Revenue
2.7.3 Global Vision Care Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Vision Care Devices Retrospective Market Scenario by Region
3.1 Global Vision Care Devices Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Vision Care Devices Global Vision Care Devices Sales by Region: 2017-2032
3.2.1 Global Vision Care Devices Sales by Region: 2017-2023
3.2.2 Global Vision Care Devices Sales by Region: 2023-2032
3.3 Global Vision Care Devices Global Vision Care Devices Revenue by Region: 2017-2032
3.3.1 Global Vision Care Devices Revenue by Region: 2017-2023
3.3.2 Global Vision Care Devices Revenue by Region: 2023-2032
3.4 North America Vision Care Devices Market Facts & Figures by Country
3.4.1 North America Vision Care Devices Market Size by Country: 2018 VS 2023 VS 2032
3.4.2 North America Vision Care Devices Sales by Country (2017-2032)
3.4.3 North America Vision Care Devices Revenue by Country (2017-2032)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Vision Care Devices Market Facts & Figures by Country
3.5.1 Europe Vision Care Devices Market Size by Country: 2018 VS 2023 VS 2032
3.5.2 Europe Vision Care Devices Sales by Country (2017-2032)
3.5.3 Europe Vision Care Devices Revenue by Country (2017-2032)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Vision Care Devices Market Facts & Figures by Country
3.6.1 Asia Pacific Vision Care Devices Market Size by Country: 2018 VS 2023 VS 2032
3.6.2 Asia Pacific Vision Care Devices Sales by Country (2017-2032)
3.6.3 Asia Pacific Vision Care Devices Revenue by Country (2017-2032)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Vision Care Devices Market Facts & Figures by Country
3.7.1 Latin America Vision Care Devices Market Size by Country: 2018 VS 2023 VS 2032
3.7.2 Latin America Vision Care Devices Sales by Country (2017-2032)
3.7.3 Latin America Vision Care Devices Revenue by Country (2017-2032)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Vision Care Devices Market Facts & Figures by Country
3.8.1 Middle East and Africa Vision Care Devices Market Size by Country: 2018 VS 2023 VS 2032
3.8.2 Middle East and Africa Vision Care Devices Sales by Country (2017-2032)
3.8.3 Middle East and Africa Vision Care Devices Revenue by Country (2017-2032)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Vision Care Devices Sales by Type (2017-2032)
4.1.1 Global Vision Care Devices Sales by Type (2017-2023)
4.1.2 Global Vision Care Devices Sales by Type (2023-2032)
4.1.3 Global Vision Care Devices Sales Market Share by Type (2017-2032)
4.2 Global Vision Care Devices Revenue by Type (2017-2032)
4.2.1 Global Vision Care Devices Revenue by Type (2017-2023)
4.2.2 Global Vision Care Devices Revenue by Type (2023-2032)
4.2.3 Global Vision Care Devices Revenue Market Share by Type (2017-2032)
4.3 Global Vision Care Devices Price by Type (2017-2032)
5 Segment by Application
5.1 Global Vision Care Devices Sales by Application (2017-2032)
5.1.1 Global Vision Care Devices Sales by Application (2017-2023)
5.1.2 Global Vision Care Devices Sales by Application (2023-2032)
5.1.3 Global Vision Care Devices Sales Market Share by Application (2017-2032)
5.2 Global Vision Care Devices Revenue by Application (2017-2032)
5.2.1 Global Vision Care Devices Revenue by Application (2017-2023)
5.2.2 Global Vision Care Devices Revenue by Application (2023-2032)
5.2.3 Global Vision Care Devices Revenue Market Share by Application (2017-2032)
5.3 Global Vision Care Devices Price by Application (2017-2032)
6 Key Companies Profiled
6.1 Johnson & Johnson
6.1.1 Johnson & Johnson Corporation Information
6.1.2 Johnson & Johnson Description and Business Overview
6.1.3 Johnson & Johnson Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.1.4 Johnson & Johnson Vision Care Devices Product Portfolio
6.1.5 Johnson & Johnson Recent Developments/Updates
6.2 Allotex
6.2.1 Allotex Corporation Information
6.2.2 Allotex Description and Business Overview
6.2.3 Allotex Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.2.4 Allotex Vision Care Devices Product Portfolio
6.2.5 Allotex Recent Developments/Updates
6.3 ZEISS
6.3.1 ZEISS Corporation Information
6.3.2 ZEISS Description and Business Overview
6.3.3 ZEISS Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.3.4 ZEISS Vision Care Devices Product Portfolio
6.3.5 ZEISS Recent Developments/Updates
6.4 VisionCare
6.4.1 VisionCare Corporation Information
6.4.2 VisionCare Description and Business Overview
6.4.3 VisionCare Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.4.4 VisionCare Vision Care Devices Product Portfolio
6.4.5 VisionCare Recent Developments/Updates
6.5 Biotech Group
6.5.1 Biotech Group Corporation Information
6.5.2 Biotech Group Description and Business Overview
6.5.3 Biotech Group Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.5.4 Biotech Group Vision Care Devices Product Portfolio
6.5.5 Biotech Group Recent Developments/Updates
6.6 Abbott
6.6.1 Abbott Corporation Information
6.6.2 Abbott Description and Business Overview
6.6.3 Abbott Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.6.4 Abbott Vision Care Devices Product Portfolio
6.6.5 Abbott Recent Developments/Updates
6.7 Bionic Sight
6.6.1 Bionic Sight Corporation Information
6.6.2 Bionic Sight Description and Business Overview
6.6.3 Bionic Sight Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.4.4 Bionic Sight Vision Care Devices Product Portfolio
6.7.5 Bionic Sight Recent Developments/Updates
6.8 NIDEK
6.8.1 NIDEK Corporation Information
6.8.2 NIDEK Description and Business Overview
6.8.3 NIDEK Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.8.4 NIDEK Vision Care Devices Product Portfolio
6.8.5 NIDEK Recent Developments/Updates
6.9 Alcon
6.9.1 Alcon Corporation Information
6.9.2 Alcon Description and Business Overview
6.9.3 Alcon Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.9.4 Alcon Vision Care Devices Product Portfolio
6.9.5 Alcon Recent Developments/Updates
6.10 Essilor
6.10.1 Essilor Corporation Information
6.10.2 Essilor Description and Business Overview
6.10.3 Essilor Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.10.4 Essilor Vision Care Devices Product Portfolio
6.10.5 Essilor Recent Developments/Updates
6.11 Ziemer
6.11.1 Ziemer Corporation Information
6.11.2 Ziemer Vision Care Devices Description and Business Overview
6.11.3 Ziemer Vision Care Devices Sales, Revenue and Gross Margin (2017-2023)
6.11.4 Ziemer Vision Care Devices Product Portfolio
6.11.5 Ziemer Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Vision Care Devices Industry Chain Analysis
7.2 Vision Care Devices Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Vision Care Devices Production Mode & Process
7.4 Vision Care Devices Sales and Marketing
7.4.1 Vision Care Devices Sales Channels
7.4.2 Vision Care Devices Distributors
7.5 Vision Care Devices Customers
8 Vision Care Devices Market Dynamics
8.1 Vision Care Devices Industry Trends
8.2 Vision Care Devices Market Drivers
8.3 Vision Care Devices Market Challenges
8.4 Vision Care Devices Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Johnson & Johnson
Allotex
ZEISS
VisionCare
Biotech Group
Abbott
Bionic Sight
NIDEK
Alcon
Essilor
Ziemer
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