The North America vision care market reached a value of US$ 24.5 Billion in 2019. Looking forward, IMARC Group expects the market to reach a value of US$ 28.9 Billion by 2025, registering a CAGR of 2.8% during 2020-2025. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Vision care refers to methods or products that are employed for maintaining the quality and functioning of the eyes in the human body. Their products generally include glass lenses, contact lenses, intraocular lenses, contact solutions, LASIK equipment and artificial tears. Moreover, vision care treatment involves ointments, drops, pills and surgeries.
At present, North America dominates the global vision care market, accounting for around half of the total share. This growth can be attributed to the expanding geriatric population, in confluence with the increasing number of patients who are suffering from myopia, hyperopia or other optical issues in the region. Apart from this, unhealthy lifestyles, spike in diabetes and a constant exposure to electronic devices, such as mobiles and laptops, are further spurring the demand of vision care products.
Key Questions Answered in This Report:
IMARC Group’s latest report provides a deep insight into the North America vision care market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America vision care market in any manner.
Report Customization: Although IMARC has tried to cover everything in the North America vision care market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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