Global Vision Care Devices And Equipment Market Analysis 2023: Size, Share, And Key Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Vision Care Devices And Equipment Global Market Report 2023, the vision care devices and equipment market is expected to show significant growth in the forecast period.
Key insights from the vision care devices and equipment market forecast include:
- Market Size
The worldwide vision care devices and equipment market will expand from $27.1 billion in 2022 to $29.24 billion in 2023, with a 7.9% CAGR. By 2027, it’s anticipated to reach $38.1 billion, showing a 6.8% CAGR.
- Major Driver
The ongoing expansion of the vision care devices market is fueled by increased electronic device usage in daily life. Widespread use of laptops, mobiles, PCs, and other devices contributes to eye issues. Deloitte’s survey reveals Americans check their phones over 8 billion times daily, spending about five hours on the internet and apps on average.
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- Key Trend
Technological advancements have revolutionized eye care, impacting those with chronic eye conditions. Breakthroughs include DriveSafe lenses for glare reduction while driving, UV-blocking photochromic contact lenses, and blue light-blocking glasses. Industry leaders like Johnson & Johnson Vision have invested in adaptive lenses, reshaping the future of vision care.
- Largest Region
North America was the largest region in global vision care devices and equipment market in 2022.
- Major Players
Major players in the vision care devices and equipment market are Essilor, Johnson & Johnson, ZEISS, The Cooper Companies, Novartis, Bausch & Lomb, Nidek Co. Ltd., Valeant Pharmaceuticals, Luxottica GROUP, and Escalon.
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Key Vision Care Devices And Equipment Market Segments
The global vision care devices and equipment market is segmented –
1) By Type: Intraocular Lens, Ophthalmic Lasers, Glaucoma Drainage Devices, Contact Lenses, Other Types
2) By Aplication: Vision Care, Diagnosis, Surgery
3) By End User: Hospitals, Ambulatory Surgery Centers, Optical Centers, Other End users
The Vision Care Devices And Equipment Global Market Report 2023 provides an in-depth analysis on the vision care devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the vision care devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
Ophthalmic Devices Global Market Report 2023
Cataract Surgery Devices And Equipment Global Market Report 2023
Ophthalmic Medical Lasers Global Market Report 2023
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