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. Technological advancements such as implementation of nanotechnology, artificial retinas containing electrodes, and use of robots with human intelligence in eye surgery for precise placement of surgical tools. Also, rising governments focus to improve the healthcare infrastructure along with various awareness programs organised by the government regarding ocular diseases are acting as major booster for eye care market. Additionally, the rising eye problems such as glaucoma, cataract, refractive error, trachoma, and others, are affecting millions of people. The growing popularity of laptop, smartphones, and other kind of electronic devices among young generation are increasing the incidences of eye related problems, which, in turn, is anticipated to facilitate the growth of the market.
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.
Asia Pacific eye care market is segmented into
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 productlaunches, mergers & acquisitions etc. in Asia Pacific eye care market.
- To identify and analyze the profile of leading players operating in the AsiaPacific eye care market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of eye care product manufacturers across Asia Pacific. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research.
TechSci Research 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. TechSci Research 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 by TechSci Research.
Key Target Audience
- Eye care product manufacturers,suppliers, companies/partners and other stakeholders.
- Government bodiessuch as regulating authorities and policy makers.
- Organizations, industryassociations, forums and alliances related to eye care.
- Market researchand consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as eye care product manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, Company share, Competitive landscape, Growth factors, and Trends |
| Segments covered | Product Type Coating Lens Material Distribution Channel Country |
| Country scope | China, India, Japan, South Korea, Singapore, Australia, Thailand, Vietnam, Malaysia, Indonesia |
| Key companies profiled | 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. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
