ReportsnReports.com adds "Eye Glasses and Contact Lenses Market - Global Outlook and Forecast 2018-2023" report to its research store.
Pune, India -- (SBWIRE) -- 01/11/2019 -- This market research report on the eye glasses and contact lenses market offers analysis on market size and forecast, market share, industry trends, growth drivers, and vendor analysis. It also includes insights on segmentation by product type (eyeglasses, contact lens, intraocular lens, and others), distribution channels (retail stores, hospitals and clinics, and online stores), and geography (APAC, Europe, Latin America, MEA, and North America).
The major vendors in the global market are:
- Cooper Vision
- Essilor International SA
- Novartis AG
- Luxottica Group S.p.A
- Johnson & Johnson
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The rising prevalence of visual dysfunctions such as myopia, hyperopia, astigmatism, presbyopia, and cataracts in both developed and emerging countries is driving the demand for vision care products. The availability of low-cost eyeglasses, high product enhancement, and minimal side effects makes eyeglasses the largest segment in the vision care market. The growing demand for specialized vision care products across different regions in the globe will help vendors launch innovative products in the market.
The development of innovative, specialized vision care products, which features advanced features and provides higher vision correction efficiency will help vendors to gain market share in the global eye glasses and contact lenses market. The growing popularity of other vision care products such as contact lens, intraocular lens (IOLs), and other such products will contribute to the sale revenue of the global market.
The growing preference for disposability and the shrinking usage cycles of vision care products can be attributed to the growth of the global eye glasses and contact lenses market. The market is witnessing a growing inclination toward daily or weekly disposables contact lenses, which, is creating a demand for these products in the global market.
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The rapid improvement in the performance and attributes of frames and glasses in terms of weight, strength, and durability is encouraging end-users to replace eyeglasses sooner. Emerging fashion trends and attractive price points and buyback schemes are some of the factors attributing to the reduced lifecycle of various eye glasses and contact lenses that are available in the global market. Moreover, the ease of cleanup and reduced risks of contracting infections is propelling the demand for daily disposables in the global eye glasses and contact lenses market.
Key Countries Profiled:
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Key market insights include:
1. The analysis of the eye glasses and contact lenses market provides market size and growth during the forecast period 2018-2023.
2. It offers comprehensive insights about current industry trends, trend forecast, and growth drivers about the eye glasses and contact lenses market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook for the eye glasses and contact lenses market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.
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