The global vision care market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period (2021-2027). The market growth is majorly attributed to the increase in geriatric population across the globe. According to various studies, with increase in age, the eyes-related issues including visual impairment occurs. With increasing age, eyes generally become more rigid and lose focal abilities, which results in need for vision care products. According to the reports of World Health Organization, as of February 2021, there were more than 2.2 billion people across the globe who suffered from visual impairments. It was also revealed that the prevalence of vision impairment was more in people aged 50 or more. Moreover, according to the Centers for Disease Control and Prevention (CDC) more than 4.2 million Americans aged 40 years and older had a vision problem or were blind and the primary reason for the same were several primarily age-related eye diseases. Thus, rising aging population is expected to result in increased need for vision care products, boosting the growth of the market.
Browse the full report description of "Global Vision Care Market Research by Product (Eye Lenses, Contact Lenses, Intraocular Lenses, Others (Artificial Tears)) and by Distribution Channel (Retail Stores, Online Stores, and Hospitals & Clinics), Forecast 2021-2027" at https://www.omrglobal.com/industry-reports/vision-care-market
Furthermore, technological innovations in eye care devices, rise in diabetic patients leading to diabetic retinopathy, and increase in the number of populations working on desktop are also some of the contributing factors fueling the growth of the market.
Market Coverage
o By Product
o By Distribution Channel
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Vision Care Market Report Segment
By Product
By Distribution Channel
Global Vision Care Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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