Tallahassee Journal

US$ 40 Bn North America Vision Care Market Forecast Report Predicts Steady Growth

US$ 40 Bn North America Vision Care Market Forecast Report Predicts Steady Growth

Vision Care Market: Rx-lenses Product Type Segment to Dominate the Market Through 2026: North America Industry Analysis and Opportunity Assessment, 2016-2026
By product type, Rx lenses continued to be the highest selling products; sales through e-commerce channel also increasing.

Future Market Insights delivers key insights on the North America vision care market in a new publication titled “Vision Care Market: North America Industry Analysis and Opportunity Assessment, 2016 – 2026”. Vision care is a billion dollar market accounting for a substantial proportion of worldwide healthcare expenditure. In terms of revenue, the North America vision care market is expected to reach US$ 39.7 Bn in 2016, witnessing a year-on-year growth of 7.2%. In this report, Future Market Insights analyses the factors and trends impacting the growth and performance of the North America vision care market. 

According to Future Market Insights analysts, factors such as rising prevalence of eye diseases leading to eye surgery procedures, an increasing geriatric population, and the introduction of new and advanced vision care products are major factors expected to fuel the revenue growth of the North America vision care market over the forecast period. Economic factors such as growing healthcare expenditure, increasing disposable income per capita, rising government support in developed economies, and favourable reimbursement policies are also expected to boost the growth of the North America vision care market over the forecast period. However, rise in the costs of eye surgery and treatment and a risk of infection and vision loss may hinder the growth of the North America vision care market over the forecast period. 

Request Report Sample with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-na-2018

Sales of vision care services has remained quite healthy in the U.S. market in the recent years, making North America the most lucrative market globally. The North America vision care market revenue was accounted to be US$ 37.1 Bn in 2015, with the U.S. accounting for majority of revenue share. 

Segmentation highlights

The North America vision care market can be broadly classified into six product segments – Rx lenses, frames, non Rx sunglasses, contact lenses, readers, and contact lens solutions – each with different applications. 

  • By product, Rx lenses accounted for higher revenue share in North America as compared to other product segments

  • The Frames product type segment accounted for the second largest revenue share followed by the contact lenses product segment in 2015. The contact lenses segment is expected to register the highest CAGR of 12.4% during the forecast period

Browse Full Report: http://www.futuremarketinsights.com/reports/north-america-vision-care-market

  • By distribution channel, the retail segment accounted for a higher revenue share in the North America vision care market as compared to other distribution channels

 

  • The Retail segment is expected to reach a market valuation of US$ 60.6 Bn by 2026, reflecting a CAGR of 9.8% over the forecast period

  • The E-commerce segment is also expanding at a higher rate in the overall North America vision care market. This segment is expected to reach US$ 18.9 Bn by the end of 2026, registering a CAGR of 3.8% over the forecast period 

Send An Enquiry: http://www.futuremarketinsights.com/askus/rep-na-2018

Vendor insights

Key players in the North America vision care market include Johnson & Johnson Vision Care Inc., Valeant Pharmaceuticals International Inc., Novartis AG, The Cooper Companies Inc., SynergEyes Inc., Luxottica, Essilor International, and ZEISS International. Major market players are adopting different strategies such as partnerships and acquisitions to maintain and expand their market share. Recently in January 2016, Valeant pharmaceuticals expanded its specialty lens business with the addition of Alden Optical Laboratories Inc. In 2016, Essilor International reinforced its expansion with independent eye care professionals in the U.S with the acquisition of Vision Source.

Healthcare, Pharmaceuticals and Medical devices

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research. 

Media Contact
Company Name: Future Market Insights
Contact Person: Abhishek Budholiya
Email: Send Email
Phone: +1-347-918-3531
Address:616 Corporate Way, Suite 2-9018
City: Valley Cottage
State: New York
Country: United States
Website: http://www.futuremarketinsights.com/reports/north-america-vision-care-market

Calendar

November 2017
M T W T F S S
« Oct    
 12345
6789101112
13141516171819
20212223242526
27282930