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Asia Pacific Vision Care Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by (Eyeglasses, Contact Lens, Intraocular Lens, and Others) and Distribution Channel (Retail Stores, E-Commerce, Clinics, and Hospitals)

May 2023 | 137 pages | ID: A6232334FBB3EN
The Insight Partners

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The Asia Pacific vision care market was valued at US$ 14,304.32 million in 2022 and is expected to reach US$ 19,670.68 million by 2028; it is estimated register a CAGR of 5.5% from 2022 to 2028.

Growing Prevalence of Eye Diseases Drives Asia Pacific Vision Care Market

A wide variety of eye diseases, including cataracts, glaucoma, and refractive errors, are prevalent across Asia Pacific. According to the data provided by the Government of India, ~57 lakh cataract surgeries were conducted from 2021 to 2022, whereas ~36 lakh cataract surgeries were carried out from 2020 to 2021. Further, the increasing age of populations and workforces in the region and the increased visual demands of modern occupations underline the impact of low vision and blindness on economies. Thus, a high prevalence of vision impairment and blindness in the region boosts the growth of the vision care market.

Asia Pacific Vision Care Market Overview

The Asia Pacific vision care market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China held the largest market share in 2021, and India is expected to register a significant CAGR in the market. The market growth in these countries is attributed to the increasing prevalence of chronic diseases, the rising geriatric population, the growing presence of vision care providers, and the rising number of government initiatives.

Asia Pacific Vision Care Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Vision Care Market Segmentation

The Asia Pacific vision care market is segmented on the basis of type, distribution channel, and country. Based on type, the Asia Pacific vision care market is segmented into eyeglasses, contact lens, intraocular lens, and others. The eyeglasses segment held the largest market share in 2022.

Based on distribution channel, the Asia Pacific vision care market is segmented into retail stores, e-commerce, clinics, and hospitals. The retail stores segment held the largest market share in 2022.

Based on country, the Asia Pacific vision care market is segmented into Japan, China, India, South Korea, Australia, and the Rest of Asia Pacific. Japan dominated the Asia Pacific vision care market share in 2022.

Alcon Inc.; Bausch Health Companies Inc.; Carl Zeiss AG; Cooper Companies Inc; Essilor International SAS; Johnson & Johnson; Hoya Corp; Rodenstock GMBH; Menicon Co., Ltd; and Rayner Intraocular Lenses Limited are the leading companies operating in the Asia Pacific vision care market.
1. INTRODUCTION

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Vision Care Market – by Product Type
1.3.2 Asia Pacific Vision Care Market – by Distribution Channel
1.3.3 Asia Pacific Vision Care Market – by Country

2. VISION CARE MARKET – KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. ASIA PACIFIC VISION CARE MARKET – MARKET LANDSCAPE

4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific PEST Analysis
4.3 Expert’s Opinion

5. ASIA PACIFIC VISION CARE MARKET – KEY MARKET DYNAMICS

5.1 Market Drivers
5.1.1 Mounting Prevalence of Eye Diseases
5.1.2 Expansion of Innovative Products
5.2 Market Restraints
5.2.1 Adverse Effects of Contact Lens on Eye Health
5.3 Market Opportunities
5.3.1 Aggregate Awareness of Vision Care
5.4 Future Trends
5.4.1 Intensifying Funds for Eye Care Research
5.5 Impact Analysis

6. VISION CARE MARKET – ASIA PACIFIC ANALYSIS

6.1 Asia Pacific Vision Care Market Revenue Forecast and Analysis

7. ASIA PACIFIC VISION CARE MARKET – REVENUE AND FORECAST TO 2028 – BY PRODUCT TYPE

7.1 Overview
7.2 Vision Care Market Revenue Share, by Product Type 2021 & 2028 (%)
7.3 Eye Glasses
7.3.1 Overview
7.3.2 Eye Glasses: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Contact Lens
7.4.1 Overview
7.4.2 Contact Lens: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Intraocular Lens
7.5.1 Overview
7.5.2 Intraocular Lens: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)

8. ASIA PACIFIC VISION CARE MARKET ANALYSIS AND FORECASTS TO 2028 – BY DISTRIBUTION CHANNEL

8.1 Overview
8.2 Vision Care Market, by Distribution Channel 2021 & 2028 (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Retail Stores
8.4.1 Overview
8.4.2 Retail Stores: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
8.5 E-Commerce
8.5.1 Overview
8.5.2 E-Commerce: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Clinics
8.7.1 Overview
8.7.2 Clinics: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)

9. ASIA PACIFIC VISION CARE MARKET – REVENUE AND FORECAST TO 2028 – BY COUNTRY ANALYSIS

9.1 Asia Pacific: Vision Care Market
9.1.1 Overview
9.1.2 Asia Pacific: Vision Care Market, by Country, 2021 & 2028 (%)
9.1.2.1 China: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Overview
9.1.2.1.2 China: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.3 China: Vision Care Market, by Product Type, 2019–2028 (US$ Million)
9.1.2.1.4 China: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.2 Japan: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Overview
9.1.2.2.2 Japan: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.3 Japan: Vision Care Market, by Product Type, 2019–2028 (US$ Million)
9.1.2.2.4 Japan: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.3 India: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Overview
9.1.2.3.2 India: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.3 India: Vision Care Market, by Product Type, 2019–2028 (US$ Million)
9.1.2.3.4 India: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.4 South Korea: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Overview
9.1.2.4.2 South Korea: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.3 South Korea: Vision Care Market, by Product Type, 2019–2028 (US$ Million)
9.1.2.4.4 South Korea: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.5 Australia: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Overview
9.1.2.5.2 Australia: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.3 Australia: Vision Care Market, by Product Type, 2019–2028 (US$ Million)
9.1.2.5.4 Australia: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.6 Rest of Asia Pacific: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Overview
9.1.2.6.2 Rest of Asia Pacific: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.3 Rest of Asia Pacific: Vision Care Market, by Product Type, 2019–2028 (US$ Million)
9.1.2.6.4 Rest of Asia Pacific: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)

10. VISION CARE MARKET – INDUSTRY LANDSCAPE

10.1 Overview
10.2 Growth Strategies Done by the Companies in the Market, (%)
10.3 Organic Developments
10.3.1 Overview
10.4 Inorganic Developments
10.4.1 Overview

11. COMPANY PROFILES

11.1 Alcon Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Bausch Health Companies Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Carl Zeiss AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cooper Companies Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Essilor International SAS
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Johnson & Johnson
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Hoya Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 RODENSTOCK GMBH
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Menicon Co., Ltd.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Rayner Intraocular Lenses Limited
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments

12. APPENDIX

12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES

Table 1. China Vision Care Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. China Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 3. Japan Vision Care Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Japan Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. India Vision Care Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. India Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 7. South Korea Vision Care Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. South Korea Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 9. Australia Vision Care Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Australia Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Asia Pacific Vision Care Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Asia Pacific Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms

LIST OF FIGURES

Figure 1. Asia Pacific Vision Care Market Segmentation
Figure 2. Asia Pacific Vision Care Market, by Country
Figure 3. Asia Pacific Vision Care Market Overview
Figure 4. Eye Glasses Segment Held The Largest Share of Type Segment in Vision Care Market
Figure 5. Japan Expected to Show Remarkable Growth During Forecast Period
Figure 6. Asia Pacific: PEST Analysis
Figure 7. Asia Pacific Experts’ Opinion
Figure 8. Asia Pacific Vision Care Market: Impact Analysis of Drivers and Restraints
Figure 9. Asia Pacific Vision Care Market – Revenue Forecast and Analysis – 2020–2028
Figure 10. Asia Pacific Vision Care Market Revenue Share, by Product Type 2021 & 2028 (%)
Figure 11. Eye Glasses: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Contact Lens: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Intraocular Lens: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Vision Care Market, by Distribution Channel 2021 & 2028 (%)
Figure 16. Hospitals: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Retail Stores: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. E-Commerce: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Clinics: Asia Pacific Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Asia Pacific: Vision Care Market, by Key Country – Revenue (2021) (US$ Million)
Figure 21. China: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Japan: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. India: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. South Korea: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Australia: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Asia Pacific: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Growth Strategies Done by the Companies in the Market, (%)


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