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Global Vision Care Market: Size, Trends and Forecast (2019-2023)

Global Vision Care Market: Size, Trends and Forecast (2019-2023)

Scope of the Report

The report entitled “Global Vision Care Market: Size, Trends and Forecast (2019-2023)” provides an in-depth analysis of the vision care market including detailed description of market sizing and growth. The report provides an analysis of the global vision care market by value and by segments. The report also includes a detailed segment analysis of the vision care market.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall vision care market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the vision care market are Johnson & Johnson, The Cooper Companies, Inc., Bausch Health Companies Inc. (Bausch+Lomb) and Novartis AG (Alcon). The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Company Coverage

Johnson & Johnson
The Cooper Companies, Inc.
Bausch Health Companies Inc. (Bausch+Lomb)
Novartis AG (Alcon)

Executive Summary

Vision care refers to the care and treatment of the eyes and comprises of products which are needed for the treatment of several visual disorders. Some of the most prevalent vision impairment disorders include myopia, hyperopia, cataract, glaucoma and presbyopia.

Major products in the vision care market are eyeglasses, contact lenses and intraocular lenses (IOLs), which are used during cataract surgeries to replace the natural lens of the eyes with artificial lenses.

Vision care market has been segmented on the basis of product type and distribution channel. The major distribution channels in the vision care market include retail stores, e-commerce, clinics and hospitals. On the basis of product type, vision care has been segmented into eyeglasses, intraocular lenses (IOLs), contact lenses and ocular health. Eyeglasses have been further divided into single vision, bifocal and progressive. IOLs have been further segmented on the basis of design (monofocal, multifocal, toric, accommodative and other) and flexibility (folded, rigid). Contact lenses have also been segmented on the basis of modality (dailies, reusable), design (spherical, toric, multifocal and others), product type (soft lenses, rigid gas permeable (RGP) lenses, hybrid lenses) and application (corrective, therapeutic, cosmetic, prosthetic).

The global vision care market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as the growing incidence of vision impairment disorders, aging population, excessive use of mobile devices, soaring diabetic population, etc. Some of the major challenges faced by the market are the presence of counterfeit products and the high cost of vision treatment.


1. Executive Summary
2. Introduction
2.1 Vision Care: An Overview
2.1.1 Vision Care Insurance
2.1.2 Visual Impairment Disorders
Table 1: Visual Impairment Disorders
2.2 Vision Care Products: An Overview
Table 2: Vision Care Products
2.2.1 Contact Lenses
Table 3: Advantages and Disadvantages of Contact Lenses
2.2.2 Intraocular Lenses (IOLs)
Table 4: Advantages and Disadvantages of Intraocular Lenses (IOLs)
2.2.3 Eyeglasses
Table 5: Advantages and Disadvantages of Eyeglasses
2.3 Vision Care Segmentation: An Overview
2.3.1 Vision Care Segmentation by Distribution Channel
Table 6: Vision Care Segmentation by Distribution Channel
2.3.2 Vision Care Segmentation by Product Type
Table 7: Vision Care Segmentation by Product Type
3. Global Market Analysis
3.1 Global Vision Care Market: An Analysis
3.1.1 Global Vision Care Market by Value
Table 8: Global Vision Care Market by Value; 2018-2023 (US$ Billion)
3.1.2 Global Vision Care Market by Segments (Eye Glasses, Contact Lenses, Ocular Health, Intraocular Lenses (IOLs))
Table 9: Global Vision Care Market by Segments; 2018 (Percentage, %)
3.2 Global Vision Care Market: Segment Analysis
3.2.1 Global Contact Lens Market by Value
Table 10: Global Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.2 Global Contact Lens Market by Product Type (Soft, Rigid Gas Permeable (RGP), Hybrid)
Table 11: Global Contact Lens Market by Product Type; 2018 (Percentage, %)
3.2.3 Global Soft Contact Lens Market by Value
Table 12: Global Soft Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.4 Global Rigid Gas Permeable (RGP) Contact Lens Market by Value
Table 13: Global Rigid Gas Permeable (RGP) Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.5 Global Hybrid Contact Lens Market by Value
Table 14: Global Hybrid Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.6 Global Contact Lens Market by Design (Spherical, Toric, Multifocal, Others)
Table 15: Global Contact Lens Market by Design; 2018-2023 (US$ Billion)
3.2.7 Global Spherical Contact Lens Market by Value
Table 16: Global Spherical Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.8 Global Toric Contact Lens Market by Value
Table 17: Global Toric Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.9 Global Multifocal Contact Lens Market by Value
Table 18: Global Multifocal Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.10 Global Other Contact Lens Market by Value
Table 19: Global Other Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.11 Global Contact Lens Market by Modality (Daily, Reusable)
Table 20: Global Contact Lens Market by Modality; 2018 (Percentage, %)
3.2.12 Global Daily Contact Lens Market by Value
Table 21: Global Daily Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.13 Global Reusable Contact Lens Market by Value
Table 22: Global Reusable Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.14 Global Contact Lens Market by Application (Corrective, Therapeutic, Cosmetic, Prosthetic)
Table 23: Global Contact Lens Market by Application; 2018 (Percentage, %)
3.2.15 Global Corrective Contact Lens Market by Value
Table 24: Global Corrective Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.16 Global Therapeutic Contact Lens Market by Value
Table 25: Global Therapeutic Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.17 Global Cosmetic Contact Lens Market by Value
Table 26: Global Cosmetic Contact Lens Market by Value; 2018-2023 (US$ Billion)
3.2.18 Global Prosthetic Contact Lens Market by Value
Table 27: Global Prosthetic Contact Lens Market by Value; 2018-2023 (US$ Million)
3.2.19 Global Intraocular Lens (IOL) Market by Value
Table 28: Global Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Billion)
3.2.20 Global Intraocular Lens (IOL) Market by Design (Monofocal, Multifocal, Toric, Accommodative, Others)
Table 29: Global Intraocular Lens (IOL) Market by Design; 2018 (Percentage, %)
3.2.21 Global Monofocal Intraocular Lens (IOL) Market by Value
Table 30: Global Monofocal Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Billion)
3.2.22 Global Multifocal Intraocular Lens (IOL) Market by Value
Table 31: Global Multifocal Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Million)
3.2.23 Global Toric Intraocular Lens (IOL) Market by Value
Table 32: Global Toric Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Million)
3.2.24 Global Accommodative Intraocular Lens (IOL) Market by Value
Table 33: Global Accommodative Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Million)
3.2.25 Global Other Intraocular Lens (IOL) Market by Value
Table 34: Global Other Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Million)
3.2.26 Global Intraocular Lens (IOL) Market by Flexibility (Folded, Rigid)
Table 35: Global Intraocular Lens (IOL) Market by Flexibility; 2018 (Percentage, %)
3.2.27 Global Folded Intraocular Lens (IOL) Market by Value
Table 36: Global Folded Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Billion)
3.2.28 Global Rigid Intraocular Lens (IOL) Market by Value
Table 37: Global Rigid Intraocular Lens (IOL) Market by Value; 2018-2023 (US$ Million)
3.2.29 Global Ocular Health Market by Value
Table 38: Global Ocular Health Market by Value; 2018-2023 (US$ Billion)
3.2.30 Global Eyeglasses Market by Value
Table 39: Global Eyeglasses Market by Value; 2018-2023 (US$ Billion)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Growing Incidence of Vision Impairment Disorders
Table 40: Global Number of Blind and Vision Impaired People; 2010-2050 (Million)
4.1.2 Aging Population
Table 41: Global Aging Population by Region; 2010-2040 (Percentage, %)
4.1.3 Excessive Use of Mobile Devices
Table 42: Global Number of Mobile Devices and Connections by Device Type; 2017-2022 (Billion)
4.1.4 Rising Healthcare Spending
Table 43: Global Healthcare Spending by Region; 2017 & 2022 (US$ Billion)
4.1.5 Soaring Diabetic Population
Table 44: Global Diabetic Population by Region; 2017 & 2045 (Million)
4.1.6 Growing Government Initiatives
4.2 Challenges
4.2.1 Presence of Counterfeit Products
4.2.2 High Cost of Vision Treatment
4.3 Market Trends
4.3.1 Shift to E-commerce Platforms
Table 45: Global Retail E-commerce Sales; 2014-2021 (US$ Trillion)
4.3.2 Growing Preference for Daily Disposable Contact Lenses
4.3.3 Technological Advancements in Contact Lenses
5. Competitive Landscape
5.1 Global Vision Care Market Players: Financial Comparison
Table 46: Global Vision Care Market Players Financial Comparison; 2018
5.2 Global Vision Care Market Players by Intraocular Lens (IOL) Products
Table 47: Global Vision Care Market Players by Intraocular Lens (IOL) Products
5.3 Global Vision Care Market Players by Contact Lens Products
Table 48: Global Vision Care Market Players by Contact Lens Products
5.4 Global Contact Lens Players by Market Share
Table 49: Global Contact Lens Players by Market Share; 2018 (Percentage, %)
6. Company Profiles
6.1 Johnson & Johnson
6.1.1 Business Overview
6.1.2 Financial Overview
Table 50: Johnson & Johnson Total Sales; 2014-2018 (US$ Billion)
Table 51: Johnson & Johnson Total Sales by Segments; 2018 (Percentage, %)
Table 52: Johnson & Johnson Total Sales by Region; 2018 (Percentage, %)
6.1.3 Business Strategy
6.2 The Cooper Companies, Inc.
6.2.1 Business Overview
6.2.2 Financial Overview
Table 53: The Cooper Companies, Inc. Net Sales; 2014-2018 (US$ Billion)
Table 54: The Cooper Companies, Inc. Net Sales by Segments; 2018 (Percentage, %)
Table 55: The Cooper Companies, Inc. Net Sales by Region; 2018 (Percentage, %)
6.2.3 Business Strategy
6.3 Bausch Health Companies Inc. (Bausch+Lomb)
6.3.1 Business Overview
6.3.2 Financial Overview
Table 56: Bausch Health Companies Inc. Revenue; 2014-2018 (US$ Billion)
Table 57: Bausch Health Companies Inc. Revenue by Segments; 2018 (Percentage, %)
Table 58: Bausch Health Companies Inc. Revenue by Region; 2018 (Percentage, %)
6.3.3 Business Strategy
6.4 Novartis AG (Alcon)
6.4.1 Business Overview
6.4.2 Financial Overview
Table 59: Novartis AG Net Sales; 2014-2018 (US$ Billion)
Table 60: Novartis AG Net Sales by Segments; 2018 (Percentage, %)
Table 61: Novartis AG Net Sales by Region; 2018 (Percentage, %)
6.4.3 Business Strategy

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