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North America Vision Care Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 121 Pages
  • September 2023
  • Region: North America
  • IMARC Group
  • ID: 5682307
The North America vision care market size reached US$ 27.7 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 33.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.1% during 2023-2028.

Vision care refers to methods or products that are employed for maintaining the quality and functioning of the eyes in the human body. Their products generally include glass lenses, contact lenses, intraocular lenses, contact solutions, LASIK equipment and artificial tears. Moreover, vision care treatment involves ointments, drops, pills and surgeries.

At present, North America dominates the global vision care market, accounting for around half of the total share. This growth can be attributed to the expanding geriatric population, in confluence with the increasing number of patients who are suffering from myopia, hyperopia or other optical issues in the region. Apart from this, unhealthy lifestyles, spike in diabetes and a constant exposure to electronic devices, such as mobiles and laptops, are further spurring the demand of vision care products.

The publisher's latest report provides a deep insight into the North America vision care market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America vision care market in any manner.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the North America vision care market report, along with forecasts at the regional and country level from 2023-2028. The report has categorized the market based on product type and distribution channel.

Key Regions Analyzed

  • United States
  • Canada
  • Mexico
  • Analysis for Each Country

Market by Product Type

  • Glass Lenses
  • Contact Lenses
  • Intraocular Lenses
  • Contact Solutions
  • Lasik Equipment
  • Artificial Tears

Market by Distribution Channel

  • Retail Stores
  • Online Stores
  • Clinics
  • Hospitals

Value Chain Analysis

  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
  • Competitive Structure
  • Key Player Profiles

Key Questions Answered in This Report:

  • How has the North America vision care market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America vision care market?
  • What has been the impact of COVID-19 on the North America vision care market?
  • What is the breakup of the North America vision care market on the basis of product type?
  • What is the breakup of the North America vision care market on the basis of distribution channel?
  • What are the various stages in the value chain of the North America vision care industry?
  • What are the key driving factors and challenges in the North America vision care industry?
  • What is the structure of the North America vision care industry and who are the key players?
  • What is the degree of competition in the North America vision care industry?
  • What are the profit margins in the North America vision care industry?
Frequently Asked Questions about the North American Vision Care Market

What is the estimated value of the North American Vision Care Market?

The North American Vision Care Market was estimated to be valued at $27.7 Billion in 2022.

What is the growth rate of the North American Vision Care Market?

The growth rate of the North American Vision Care Market is 3.2%, with an estimated value of $33.5 Billion by 2028.

What is the forecasted size of the North American Vision Care Market?

The North American Vision Care Market is estimated to be worth $33.5 Billion by 2028.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vision Care Market
5.1 Market Performance
5.2 Market Breakup by Product Type
5.3 Market Breakup by Distribution Channel
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Vision Care Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Vision Care Market: Breakup by Product Type
7.1 Glass Lenses
7.2 Contact Lenses
7.3 Intraocular Lenses
7.4 Contact Solutions
7.5 Lasik Equipment
7.6 Artificial Tears
8 North America Vision Care Market: Breakup by Distribution Channel
8.1 Retail Stores
8.2 Online Stores
8.3 Clinics
8.4 Hospitals
9 North America Vision Care Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Product Type
9.1.3 Market Breakup by Distribution Channel
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Product Type
9.2.3 Market Breakup by Distribution Channel
9.2.4 Market Forecast
9.3 Mexico
9.3.1 Historical Market Trends
9.3.2 Market Breakup by Product Type
9.3.3 Market Breakup by Distribution Channel
9.3.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Research and Development
11.3 Raw Material Procurement
11.4 Manufacturing
11.5 Marketing
11.6 Distribution
11.7 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players

Methodology

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