Japan Eye Care Market By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, Others), By Coating (Anti-Glare, UV, Others) , By Lens Material (Normal Glass, Polycarbonate, Trivex, Others), By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals), By Region, Competition Forecast & Opportunities, FY2027
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationJapan Eye Care Market By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, Others), By Coating (Anti-Glare, UV, Others) , By Lens Material (Normal Glass, Polycarbonate, Trivex, Others), By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals), By Region, Competition Forecast & Opportunities, FY2027
The Japan Eye Care market is expected to grow at a rate of significant CAGR for the forecast period, FY2023-FY2027. The rising adoption of spectacles as a fashion accessory and increasing incidence of ocular diseases are fueling the growth of the Japan Eye Care market.
Growing Geriatric Population Fuel the Market Demand
The Japanese population is increasing due to quality healthcare services and a healthy lifestyle and fitness regime. With the growing age, the immunity level starts deteriorating, and the body is prone to get infected with several diseases, including eye diseases and disorders. Japanese healthcare system provides the majority of its services to older people, and these people cover a significant part in fueling the growth of the Japan Eye Care market. The significant reasons for causing eye disorders are cataracts, glaucoma, degenerative myopia, diabetic retinopathy, and macular degeneration.
Rise In Usage of Telecommuting Technology Supports Market Demand
The outbreak of COVID-19 led to the restrictions imposed by the leading authorities on the public gathering and following guidelines to restrict the spread of coronavirus. The closure of offices, schools, colleges created the need to adopt alternative methods to carry on the process efficiently to reduce the effect on the economic growth. Companies offered work from facilities, and the educational intuitions started to provide education using the online mode. An increase in screen time due to the high adoption of telecommuting created lucrative opportunities for the Japan Eye Care market growth. The rise in the number of people spending more screen time led to the conditions such as dry eyes, blurred vision, and other eye disorders requiring immediate treatment. It is anticipated, even after the effect of COVID-19 subsides, consumers will continue spending more time on their smart devices such as tablets, mobile phones, among others. The amount of screen time spent by children is expected to grow due to the rise in the online channels providing quality education and learning opportunities to children and use in entertainment purposes and is expected to boost the demand for the Japan Eye Care market in the next five years.
Booming E-Commerce Industry Fuels the Market Growth
Eye care market players to boost sales are focusing on adopting alternate sales channels such as online sales channels, which is bolstering the growth of the e-commerce industry. Market players are using attractive marketing strategies such as taking the help of social media campaigns to raise awareness about eye health and hiring celebrities and influential people to propel the reach of their products and brand to a broader range of consumers. They are also offering lucrative discounts on the purchase of the Eye Care products and the facility of quick doorstep delivery, exchange option to attract the customers to buy the Eye Care products through the online sales channel. Customers prefer to buy through online channels as it is more convenient than physically visiting the retailers. The high internet penetration strengthens the reach of the online sales platforms to a large number of customers. Market players are making substantial investments in developing user-friendly websites and mobile applications and using technologies such as artificial intelligence, the internet of things, machine learning to create personalized shopping experiences based on their past online behavior.
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Market Segmentation
The Japan Eye Care market is segmented on the basis of product type, coating, lens material, distribution channel, regional distribution, and competition landscape. Based on the product type, the market is divided into eyeglasses, contact lens, intraocular lens, eye drops, eye vitamins, others. Based on the coating, the market is divided into anti-glare, UV, and others. Based on lens material, the market is divided into normal glass, polycarbonate, trivex, others. Based on distribution channel, the market is divided into retail retailers, e-commerce, clinics, and hospitals. The market is also studied on the basis of regional distribution and the regions are majorly divided into Hokkaido & Tohoku, Chubu, Chugoku, Kyushu, and Others.
Market Players
Hoya Corporation, Menicon Co., Ltd., SEED Co., Ltd., AISEI Co., Ltd., Bauch + Lomb Japan, Alcon Japan Ltd., CooperVision Japan, Inc., Johnson & Johnson Japan, Carl Zeiss Vision Japan Co., Ltd., are among the major market players in the Japan region that led the market growth of the Japan Eye Care market.
| Attribute | Details |
| Base Year | FY2021 |
| Historic Data | FY2017 – FY2020 |
| Estimated Year | FY2022 |
| Forecast Period | FY2023 – FY2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for FY2017-FY2021 and FY2022-FY2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Product Type · Coating · Lens Material · Distribution Channel |
| Region scope | Hokkaido & Tohoku, Chubu, Chugoku, Kyushu, and Others |
| Key companies profiled | Hoya Corporation, Menicon Co., Ltd., SEED Co., Ltd., AISEI Co., Ltd., Bauch + Lomb Japan, Alcon Japan Ltd., CooperVision Japan, Inc., Johnson & Johnson Japan, Carl Zeiss Vision Japan Co., Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & 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) |
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