The Market Growth Can be Attributed to the Rising Incidences of Eye Infections and Diseases, Creating a High Demand for Eye Consultations.
Despite the government's active investment in the industry, a lack of funding prevents the creation of technologically advanced medical care items. Hence, the overseas businesses and their cutting-edge goods are significant to the Vietnam eye care industry. Besides providing their products on the market, these multinational corporations have made sure to raise awareness and train technicians and ophthalmologists to ensure better sales of eye care items. Products including contact lenses, eye drops, and other pharmaceutical and therapeutic goods have seen strong sales growth in recent years. With higher usage of electronic devices among the younger and adult population, which affects their eyesight, sales are expected to rise significantly, which could add to the market growth.
The Vietnam eye care market is segmented by product type, coating, lens material, distribution channel, competitional landscape, and regional distribution. Based on product type, the market is further segmented into eyeglasses, contact lens, intraocular lens, eye drops, eye vitamins, and others. The eyeglasses segment is expected to hold the largest share in the market during the forecast period, owing to the increasing instances of weaker eyesight among the population.
Major players operating in the Vietnam eye care market are CooperVision Vietnam, Seed Co. Vietnam Ltd., Acuvue Vietnam, Bausch & Lomb Vietnam, AVEO Vietnam, Nice Eyes Service Trading Co., Ltd, Hoya Lens Vietnam Ltd., Essilor Vietnam, among others.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the Vietnam eye care market from 2017 to 2021.
- To estimate and forecast the market size of Vietnam eye care market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast the Vietnam eye care market based on product type, coating, lens material, distribution channel, region, and company.
- To identify the dominant region or segment in the Vietnam eye care market.
- To identify drivers and challenges for the Vietnam eye care market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Vietnam eye care market.
- To identify and analyze the profiles of leading players operating in the Vietnam eye care market.
- To identify key sustainable strategies adopted by market players in Vietnam eye care market.
The publisher calculated the market size of the Vietnam eye care market using a bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
Report Scope:In this report, Vietnam eye care market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Vietnam Eye Care Market, By Product Type:
- Contact Lens
- Intraocular Lens
- Eye Drops
- Eye Vitamins
Vietnam Eye Care Market, By Coating:
Vietnam Eye Care Market, By Lens Material:
- Normal Glass
Vietnam Eye Care Market, By Distribution Channel:
- Retail Stores
Vietnam Eye Care Market, By Region:
- Northern Region
- Central Region
- Southern Region
Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in Vietnam eye care market.
Available Customizations:With the given market data, the publisher offers customizations according to a company’s specific needs.
This product will be delivered within 1-3 business days.
Table of Contents
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, Others)
6.2.2. By Coating (Anti-Glare, UV, Others)
6.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)
6.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)
6.2.5. By Region
6.2.6. By Company (2021)
6.3. Product Market Map
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Distribution Channel
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Distribution Channel
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Distribution Channel
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Distribution Channel
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Distribution Channel
16.2. Company Profiles
16.2.1. CooperVision Vietnam
16.2.2. Seed Co. Vietnam Ltd.
16.2.3. Acuvue Vietnam
16.2.4. Bausch & Lomb Vietnam
16.2.5. AVEO Vietnam
16.2.6. Nice Eyes Service Trading Co., Ltd
16.2.7. Hoya Lens Vietnam Ltd.
16.2.8. Essilor Vietnam
A selection of companies mentioned in this report includes:
- CooperVision Vietnam
- Seed Co. Vietnam Ltd.
- Acuvue Vietnam
- Bauch & Lomb Vietnam
- AVEO Vietnam
- Nice Eyes Service Trading Co., Ltd
- Hoya Lens Vietnam Ltd.
- Essilor Vietnam