Global Vision Care Market to See Growth at 3% CAGR to 2022, Says Beige Market Intelligence in Its New Report Available at MarketPublishers.com20 Apr 2017 • by Natalie Aster
LONDON – The world’s vision care market is forecast to witness a significant upsurge in sales during 2017-2022. The market is likely to gain traction at a 3% CAGR through 2022, encouraged by a number of factors such as escalated incidence of vision disorders and infections, shorter usage cycles and faster replacement, rising cases of computer vision syndrome and enhancing concerns associated with prolonged exposure to digital content, rising investments, escalating demand for value-added and innovative products.
Currently, the world’s vision care marketplace is led by the eye glasses sector, which is growing at the fastest pace. The progressive eye glasses sector is likely to be amid the key revenue contributors through 2022. Meanwhile, the artificial tears sector will likely be one of the most rapidly evolving within the vision care market.
North America is anticipated to dominate the world’s vision care marketplace through 2022, driven by the rising awareness, wide choice of innovative products and high product availability. The MEA market is set to demonstrate the highest growth pace, while the APAC region is expected to remain the biggest market for eye glasses in terms of revenues.
New research report “Global Vision Care Market (Eye Glasses and Contact Lenses) - Strategic Assessment and Forecast 2017 – 2022” created by Beige Market Intelligence offers a detailed market analysis with details on situation in various regions. The report identifies the key market players and estimates their shares, uncovers the market size globally and by region. Competitive landscape analysis is at hand in the report along with profiles of the major market players. Moreover, this in-demand report comprises an insightful review of the major market segments, highlights the future possible challenges and opportunities, explores the market dynamics, touches upon the market growth drivers and restraints. The Porter’s five forces analysis and granular forecasts through 2022 are also available here.
For other insightful research reports by Beige Market Intelligence, please, visit its page.