United Kingdom eye care market is expected to register robust growth in the forecast period, 2023-2027. Vision assists in performing day-to-day activities, including viewing, writing, and reading. It also impacts the ability of an individual to work and communicate with people. An increase in the number of people suffering from vision-related ailments, including cataracts, glaucoma, conjunctivitis and retinal detachment. This is owing to the sedentary lifestyles, growing geriatric population and rising pollution levels. Consequently, the significant growth in the development and production of different vision care medicines, which are found at in the form of pills, ointments and drops across the globe. The inflating focus on the preservation of ocular health and correction of eye problems that can decrease vision capacity accelerates the growth of the eye care market. Eye care establishments are chiefly engaged in offering eye examinations to discern the acuity of vision or other visual complications, along with the prescriptions for glasses and lenses, as well as retailing these products. All these aforementioned factors are expected to augment the market growth in the coming years.
Increase in Prevalence of Eye Diseases is Expected to Fuel the Market Growth
At present times, millions of people suffer from vision impairment owing to unaddressed eye disorders including cataract, glaucoma, trachoma as well refractive error, presbyopia, corneal opacities, and diabetic retinopathy. Most of these eye disorders and conditions are treatable with the help of surgeries, eyeglasses and contact lenses which supports the market growth. The expanding geriatric population has ushered a new life in the vision care market. In addition to this, the elderly population are more susceptible to eye related disorders as a result of weakening of muscles and immune system which, in turn, propels the growth of the eye care market. As per the report published by the National Library of Medicine (NLM), the expected number of people with age-related macular degeneration will reach around 288 million in 2040. This will further create lucrative growth opportunity for the eye care market over the forecast period.
Rise in Adoption of Digital Devices Augments the Market Growth
The growing use of digital devices has completely transformed the eye care market. Spending too much time on electronic devices including laptops, mobiles and PCs escalate numerous eye related problems. These days the craze for social media and mobile is gaining traction especially during the lockdown restrictions imposed by government authorities across the globe. People spend majority of their time in these activities especially during COVID-19 as work from home has brought electronic devices in spotlight. On account of excessive use of electronic devices, eye problems including computer vision syndrome and retina damages have become an eminent across United Kingdom. It is estimated that demand for eye care products will rise substantially as the people across the globe continues to move towards digitalization. The impact of technology is accelerating people to utilize several measures including contact lenses and spectacles while using electronic devices. This is further escalating the sales of eye care products which is projected to drive the market in the forthcoming years across United Kingdom.
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Market Segmentation
The United Kingdom eye care market is segmented into product type, coating, lens material, regional distribution, and competitive landscape. Based on product type, the market is divided into eyeglasses, contact lens, intraocular lens, eye drops, eye vitamins, others. Based on coating, the market is segmented into anti-glare, UV, others. Based on lens material, the market is divided into normal glass, polycarbonate, trivex, others. Based on distribution channel, the market is segmented into retail retailers, e-commerce, clinics, hospitals. The United Kingdom Eye care market is studied in major regions namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom.
Market Players
Carl Zeiss Limited, Novartis Pharmaceuticals UK Limited, Alcon Eyecare UK Limited, Johnson & Johnson Limited, CooperVision Limited, Essilor Limited, Bausch + Lomb UK Ltd are the key market players operating in United Kingdom eye care market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Product Type · Coating · Lens Material · Distribution Channel |
| Regional scope | London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom |
| Key companies profiled | Carl Zeiss Limited, Novartis Pharmaceuticals UK Limited, Alcon Eyecare UK Limited, Johnson & Johnson Limited, CooperVision Limited, Essilor Limited, Bausch + Lomb UK Ltd |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
