DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c17e0e/vision_care_conta) has announced the addition of GlobalData 's new report "Vision Care (Contact Lenses and Spectacle Lenses) - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016" to their offering.
Vision Care (Contact Lenses and Spectacle Lenses) - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 provides key data, information and analysis on the global vision care devices market. The report provides market landscape, competitive landscape and market trends information on the vision care devices market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings.
This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by a team of industry experts.
Vision Care Devices Market is Forecast to Exceed $23bn in 2016
The global market for vision care devices was valued at $20 billion in 2009, and is forecast to grow at a Compound Annual Growth Rate (CAGR) of 3% to reach $24 billion in 2016. The market is expected to be driven by the increasing patient population suffering from refractive errors, their increased awareness and the cost effectiveness of vision care devices over refractive surgery.
In 2009, the prevalence of refractive errors in US was 25%. Refractive errors affect one third of people who are 40 year or older in the US and Western Europe and one fifth of the same age group people in Australia. The prevalence of myopia is as high as 70-90% in some Asian countries. Females are at a higher risk of developing refractive errors compared to men. The US Remains the Largest Vision Care Devices Market Driven by Increasing Aging Population and Brand Consciousness Among the Patients
The US vision care devices market is expected to reach $6 billion in 2016, growing at a CAGR of 4% from 2009 to 2016. The spectacle lens market was valued at $2.4 billion in 2009 and the contact lens market was valued at $2.3 billion in 2009. The US remains the largest market for vision care devices. The vision care devices market in the US is expected to be driven by the increasing aged population, which comprised 18% of the total US population in 2009, and brand consciousness among patients.
Our new report, Vision Care (Contact Lenses and Spectacle Lenses) - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 provides key data, information and analysis on the global vision care market. The report provides market landscape, competitive landscape and market trends information on the vision care market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings.
This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Our team of industry experts.
Scope
- Key geographies covered include the US, Canada, the UK, Germany, France, Italy, Spain, Japan, China, India, Australia, and Brazil.
- Key segments covered include Contact Lenses (Rigid Gas Permeable Lenses, Soft Contact Lenses), and Spectacle Lenses.
- Annualized market revenues data from 2002 to 2009, forecast forward for 7 years to 2016. Company shares data for 2009.
- Qualitative analysis of key market trends, market drivers, and restraints by each category within cataract surgery devices market.
- The report also covers information on the leading market players, the competitive landscape, and the leading pipeline products and technologies.
- Key players covered include Essilor International, Johnson & Johnson Vision Care, CIBA Vision Corporation, HOYA Corporation, Carl Zeiss, and Bausch & Lomb.
Reasons to buy
- Develop business strategies by understanding the trends and developments that are driving the vision care market globally.
- Design and develop your product development, marketing and sales strategies.
- Develop market-entry and market expansion strategies.
- Identify key players best positioned to take advantage of the emerging market opportunities.
- Exploit in-licensing and out-licensing opportunities by identifying products, most likely to ensure a robust return.
- Whats the next big thing in the vision care market landscape? Identify, understand and capitalize.
- Make more informed business decisions from the insightful and in-depth analysis of the global vision care market and the factors shaping it.
Companies Mentioned:
- Essilor International
- Johnson & Johnson Vision Care, Inc
- CIBA Vision Corporation
- HOYA Corporation
- Carl Zeiss, AG
- Bausch & Lomb Incorporated
For more information visit http://www.researchandmarkets.com/research/c17e0e/vision_care_conta