Asia-Pacific Eye Care Market is Expected to Witness a Significant Growth During the Forecast Period, 2024-2028. the Growing Technological Innovations and Improvements in Eye Care are Expected to Bolster the Growth of the Market in Upcoming Years.
The region is undergoing rapid urbanisation along with increasing investments by the public and private sectors are projected to drive the Asia-Pacific eye care market. Moreover, Asian people have easy access to less expensive eye care products as they are made locally in the region. In this region countries like India, China, Japan, among others are expected to bolster the growth of the market in coming years. This is because of the increasing population in these countries. In India and China, the major factor is the increasing population. According to the United Nations report, in 2022, India's population is 1.412 billion, and 1.426 billion in China. Moreover, in Japan, country has the rising geriatric population, which are more susceptible to eye related problems. In 2020, the population aged 65 years and above in Japan reported for approximately 28.4 percent of the total Japanese population.
However, lack of awareness among people about the early symptoms of visual impairment is hindering the growth of the market. Also, people living in rural areas are unaware of the eye care products and services are hampering the growth of the market. Besides, rising contact lens-related complications and harmful effects with use of certain eye care products are expected to slow down the growth of the Asia-Pacific eye care market growth.
Asia Pacific eye care market is segmented into product type, coating, lens material, distribution channel, company, and country. Based on product type, the market is categorized into eyeglasses, contact lens, intraocular lens, eye drops and others. Here, the intraocular lens segment, is expected to register the highest growth during the forecast period. This is ascribed to the rising prevalence of cataract along with the rising number of cataract surgeries.
Major companies operating in Asia-Pacific eye care market include Luxottica Group, GKB Rx Lens Pvt. Ltd., Essilor Group, Carl Zeiss AG, Bausch + Lomb, Alcon Inc., Cooper Companies, Inc., Rayner Intraocular Lenses Limited, Menicon Co., Ltd., and Johnson & Johnson Services, Inc. Eye care manufacturers are hugely investing on R&D activities and are launching new generation eye care products, featuring innovative materials to enhance their product portfolio.
Objective of the Study:
- To analyze and forecast the market size of Asia Pacific eye care market.
- To forecast Asia Pacific eye care market based on product type, coating, lens material, end user, company and country.
- To identify drivers and challenges for Asia Pacific eye care market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in Asia Pacific eye care market.
- To identify and analyze the profile of leading players operating in the Asia Pacific eye care market.
The publisher calculated Asia Pacific eye care market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types 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 used.
Key Target Audience:
- Eye care product manufacturers, suppliers, companies/partners and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to eye care
- Market research and consulting firms
Report Scope:In this report, Asia Pacific eye care market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Asia Pacific Eye Care Market, By Product Type:
- Contact Lens
- Intraocular Lens
- Eye Drops
Asia Pacific Eye Care Market, By Coating:
Asia Pacific Eye Care Market, By Lens Material:
- Normal Glass
Asia Pacific Eye Care Market, By Distribution Channel:
- Retail Stores
Asia Pacific Eye Care Market, By Country:
- South Korea
Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in Asia Pacific 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
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)
5.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)
5.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)
5.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)
5.2.5. By Company (2022)
5.2.6. By Country
5.3. Market Map
5.3.1. By Product Type
5.3.2. By Coating
5.3.3. By Lens Material
5.3.4. By Distribution Channel
5.3.5. By Country
5.4. Asia Pacific: Country Analysis
5.4.1 China Eye Care Market Outlook
220.127.116.11. Market Size & Forecast
18.104.22.168.1. By Value
22.214.171.124. Market Share & Forecast
126.96.36.199.1. By Product Type
188.8.131.52.2. By Coating
184.108.40.206.3. By Lens Material
220.127.116.11.4. By Distribution Channel
5.4.2 Japan Eye Care Market Outlook
18.104.22.168 Market Size & Forecast
22.214.171.124.1 By Value
126.96.36.199 Market Share & Forecast
188.8.131.52.1 By Product Type
184.108.40.206.2 By Coating
220.127.116.11.3 By Lens Material
18.104.22.168.4 By Distribution Channel
5.4.3 China Eye Care Market Outlook
22.214.171.124 Market Size & Forecast
126.96.36.199.1 By Value
188.8.131.52 Market Share & Forecast
184.108.40.206.1 By Product Type
220.127.116.11.2 By Coating
18.104.22.168.3 By Lens Material
22.214.171.124.4 By Distribution Channel
5.4.4 South Korea Eye Care Market Outlook
126.96.36.199 Market Size & Forecast
188.8.131.52.1 By Value
184.108.40.206 Market Share & Forecast
220.127.116.11.1 By Product Type
18.104.22.168.2 By Coating
22.214.171.124.3 By Lens Material
126.96.36.199 By Distribution Channel
5.4.5 Australia Eye Care Market Outlook
188.8.131.52 Market Size & Forecast
184.108.40.206.1 By Value
220.127.116.11 Market Share & Forecast
18.104.22.168.1 By Product Type
22.214.171.124.2 By Coating
126.96.36.199.3 By Lens Material
188.8.131.52.4 By Distribution Channel
5.4.6 Singapore Eye Care Market Outlook
184.108.40.206 Market Size & Forecast
220.127.116.11.1 By Value
18.104.22.168 Market Share & Forecast
22.214.171.124.1 By Product Type
126.96.36.199.2 By Coating
188.8.131.52.3 By Lens Material
184.108.40.206 By Distribution Channel
5.4.7 Malaysia Eye Care Market Outlook
220.127.116.11 Market Size & Forecast
18.104.22.168.1 By Value
22.214.171.124 Market Share & Forecast
126.96.36.199.1 By Product Type
188.8.131.52.2 By Coating
184.108.40.206.3 By Lens Material
220.127.116.11 By Distribution Channel
5.4.8 Vietnam Eye Care Market Outlook
18.104.22.168 Market Size & Forecast
22.214.171.124.1 By Value
126.96.36.199 Market Share & Forecast
188.8.131.52.1 By Product Type
184.108.40.206.2 By Coating
220.127.116.11.3 By Lens Material
18.104.22.168.4 By Distribution Channel
5.4.9 Thailand Eye Care Market Outlook
22.214.171.124 Market Size & Forecast
126.96.36.199.1 By Value
188.8.131.52 Market Share & Forecast
184.108.40.206.1 By Product Type
220.127.116.11.2 By Coating
18.104.22.168.3 By Lens Material
22.214.171.124.4 By Distribution Channel
5.4.10 Indonesia Eye Care Market Outlook
126.96.36.199 Market Size & Forecast
188.8.131.52.1 By Value
184.108.40.206 Market Share & Forecast
220.127.116.11.1 By Product Type
18.104.22.168.2 By Coating
22.214.171.124.3 By Lens Material
126.96.36.199.4 By Distribution Channel
7.2 Product Launches
7.3 Technological Advancements
8.2 Company Profiles
8.2.1 Luxottica Group
8.2.2 GKB Rx Lens Pvt. Ltd.
8.2.3 Essilor Group
8.2.4 Carl Zeiss AG
8.2.5 Bausch & Lomb
8.2.6 Alcon Inc.
8.2.7 Cooper Companies, Inc.
8.2.8 Rayner Intraocular Lenses Limited
8.2.9 Menicon Co., Ltd.
8.2.10 Johnson & Johnson Services, Inc.
A selection of companies mentioned in this report includes:
- Luxottica Group
- GKB Rx Lens Pvt. Ltd.
- Essilor Group
- Carl Zeiss AG
- Bausch & Lomb
- Alcon Inc.
- Cooper Companies, Inc.
- Rayner Intraocular Lenses Limited
- Menicon Co., Ltd.
- Johnson & Johnson Services, Inc.