North America Vision Care Market accounted for US$ 110,648.3 Million and it is projected to register a CAGR of 10.2% during the forecast period 2022-2027 | Novartis AG, CooperVision, Johnson and Johnson Vision Care Inc. – Medgadget

February 9th, 2022 Releases

North America vision care market is estimated to account for US$ 110,648.3 Mn in terms of value by the end of 2027.
North America Vision Care Market: Driversย  ย 


Approval and launch of new products is expected to propel growth of North America vision care market over the forecast period. For instance, SynergEyes, Inc. launched SimplifEyes 1 Day lens made from dual tangible polymers in January 2019. The lens can be disposed daily.
Moreover, increasing awareness regarding vision care is also expected to propel growth of North America vision care market over the forecast period. For instance, Vote for Vision, a campaign by Essilor Vision Foundation, encouraged eye testing in 2020.
๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐ฐ๐ข๐ญ๐ก ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ @ https://www.coherentmarketinsights.com/insight/request-pdf/3525
North America Vision Care Market: Opportunities ย ย ย 
R&D of new products is expected to offer lucrative growth opportunities for players in North America vision care market. For instance, Visioneering Technologies, Inc. rolled out additional data regarding its patented NaturalVue Multifocal (etafilcon A) 1 Day Contact Lens, in April 2019.
Moreover, availability of free vision care services is also expected to propel growth of North America vision care market over the forecast period. For example, the Seattle King County Free Health Clinic offered free dental and vision care services in February 2020.
Market Trends
The Rx-Lenses segment in North America vision care market was valued at US$ 23,914.0 Mn in 2019 and is expected to reach US$ 52,170.0 Mn by 2027 at a CAGR of 10.2% during the forecast period
The use of contact lenses among children is on the rise. For instance, in September 2018, 97% of practicing optometrists in the American Optometric Association reported to fit contact lenses to children younger than 18, according to a review published by The Center for Ocular Research & Education.
๐“๐จ ๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‚๐จ๐ฏ๐ข๐๐Ÿ๐Ÿ— ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ @ https://www.coherentmarketinsights.com/insight/request-sample/3525
U.S is expected to witness significant growth in North America vision care market, owing to high incidence ย of diabetic retinopathy in the country. For instance, 7.7 million people in the U.S. suffered from diabetic retinopathy in 2010 and the number is expected to reach 14.6 million in 2050, according to the Centers for Disease Control and Prevention.
North America Vision Care Market: Restraints
Low adoption of contact lenses due to side effects such as eye infections, corneal ulcers, and blindness in extreme cases is expected to hinder growth of North America vision care market.
North America Vision Care Market: Competitive Landscape ย 
Major players operating in North America vision care market include, CooperVision, Inc., Essilor International, Johnson and Johnson Vision Care Inc., Luxottica, Novartis AG, SynergEyes, Inc., Valeant Pharmaceuticals International, Inc., and ZEISS International.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐š๐ง๐ ๐†๐ž๐ญ ๐…๐ฅ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ๐ŸŽ๐ŸŽ๐ŸŽ ๐Ž๐…๐…
๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐…๐ฎ๐ฅ๐ฅ ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/promo/buynow/3525
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