TechNavio today launched its report Global Eye Care Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”A common trend in the Global Eye Care market is the increase in awareness programs on advanced treatments available for eyesight disorders. These programs are conducted by various governments, non-governmental organizations, and vendors. For instance, “VISION 2020: The right to sight” is a joint program of the WHO and the International Agency for the Prevention of Blindness. It was conducted on a global scale to boost awareness among the general population. Furthermore, vendors support eye care awareness campaigns to educate people about the various treatments available for eyesight disorders. There is an increase in the adoption of ophthalmic drugs and devices because of rising awareness in developing countries.”
According to the report, the increase in the aging population is one of the major drivers in the Global Eye Care market. The increase in the aging population is mainly due to the increase in life expectancy rates, which is a result of the increased standards of healthcare facilities and treatment options. Additionally, the increased risk of developing various eye disorders, such as dry eye syndrome, cataracts, macular degeneration, refractive errors, and glaucoma, increases after the age of 40. Thus, the increase in the older population positively affects the growth of the Global Eye Care market.
Further, the report states that the availability of counterfeit products is one of the major challenges in the Global Eye Care market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Alcon Inc., Allergan Inc., Essilor International SA, and Johnson & Johnson Vision Care Inc. The other vendors mentioned in the report are Abbott Medical Optics Inc., Bausch & Lomb Inc., Carl Zeiss Inc., CopperVision Inc., F. Hoffmann-La Roche Ltd., Hoya Corp., Merck & Co. Inc., Novartis AG, and Pfizer Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
For further information on this report, please visit https://www.technavio.com/content/global-eye-care-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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