DUBLIN--(BUSINESS WIRE)--The "Vision Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to Research and Markets' offering.
The global vision care market reached a value of US$ 54 Billion in 2016.
Good vision plays an important role in conducting different activities such as reading, writing, watching TV, etc. It also affects developmental learning, communication, work, health and overall quality of life. Various factors ranging from unhealthy diet to chronic diseases and pollution can affect the health and functioning of the eyes, resulting in partial or complete loss of vision. Over the years, numerous products and treatments have been developed to manage vision related problems.
Growing prevalence of electronic screens in day-to-day lives represents the key factor driving the global vision care market. Increased use of laptops, PCs, tablets, mobile phones, and other devices along with sedentary lifestyles and unhealthy diets have led to the development of vision related problems such as myopia, astigmatism, hyperopia, retinal tears, macular edema, diabetic retinopathy, etc. Additionally, the lack of comfort associated with eye glasses has augmented the demand for contact lenses, which is further driving the market. Moreover, brand name and product design have become the deciding factors for purchase, instead of functionality.
This paradigm shift in the consumer behaviour and growing brand awareness has led to the expansion of the market. Owing to the aforementioned factors, the market is expected to reach a value of US$ 66 Billion by 2022, exhibiting a CAGR of around 3.4% during 2017-2022.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Vision Care Market
6 Market Breakup by Product Type
7 Market Breakup by Distribution Channel
8 Market Breakup by Region
9 Vision Care Manufacturing Process
10 Competitive Landscape
- Johnson & Johnson
- Novartis AG
- Valeant Phrmaceuticals
For more information about this report visit https://www.researchandmarkets.com/research/tk8zmr/vision_care