United Kingdom Eye Care Market to be Dominated by Eyeglasses till 2027
The easy availability of eye
care products across United Kingdom is expected to stimulate the growth of the eye
care market in the forecast period, 2023-2027.
According to TechSci Research report, “United Kingdom Eye Care Market By Region,
Competition Forecast & Opportunities, 2027”, the United Kingdom eye care market is expected to witness
growth at a significant rate in 2023-2027. An eye refers to an integral part of
the body that allows vision and aids humans process visual details. Eye care
includes eye care and treatment and eye problems. Vision care has wide range of
products varies from contact lenses to eyeglass lenses and frames to
sunglasses. Eye care is a collective term for several processes for maintaining
healthy and functional eyes. The key aim of regular eye care is to ensure that
a person gets the highest possible level of vision. Eye health strategy
includes various elements like education, regular health maintenance, and a
care plan that can aid correct any vision problems. Eye care also includes
surgical procedures to correct vision problems. The growing geriatric
population, expanding sedentary lifestyles, and rising number of people working
on the desktop are some of the major factors driving the growth of the market.
Visual acuity helps you perform everyday activities such as seeing, writing,
and reading. Rising intake of unhealthy diet and an escalated incidences of
chronic illness can increase associated visual impairment and lead to partial
or total vision loss. This further results into the rise in demand for eye care
products. Many international organizations focus on research and development
projects to launch more efficient products. With this, the burgeoning
e-commerce sector and elevating awareness of UV-related visual impairment are
also supporting the market growth. Various new therapies including gene
therapy, computer-assisted ophthalmology, and stem cell therapy are expected to
drive the eye care market in the coming years.
However, the risk of side effects of eye
care products is expected to limit the growth of the eye care market over the
forecast period.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "UNITED KINGDOM EYE CARE MARKET"
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. Eyeglasses is projected to hold the largest share in the
market during the forecast period, 2023-2027. Growing sales of eyeglasses is
attributable to the higher patient pool with refractive error problems (myopia,
hyperopia, astigmatism) and presbyopia. Also, they are convenient to use, safer
and more durable than contact lenses.
Based on distribution channel, the
market is segmented into retail stores, e-commerce, clinics, hospitals.
E-commerce segment is expected to dominate in the market due to increasing
number of manufacturers utilizing online platforms as their key marketing and
distribution tool.
Various key market players operating in
the United Kingdom eye care market are:
- Carl Zeiss Limited
- Novartis Pharmaceuticals UK Limited
- Alcon Eyecare UK Limited
- Johnson & Johnson Limited
- CooperVision Limited
- Essilor Limited
- Bausch + Lomb UK Ltd
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“The escalating demand for disposable contact lenses,
coupled with the elevating incidences of cataracts, glaucoma, and diabetic
retinopathy across UK regions owing to the ever-increasing geriatric
population, sedentary lifestyles, and rising pollution levels. Along with this,
the increasing prevalence of vision related disorders including myopia and
hypermetropia is fuelling the growth of the market. Continuous technological
evolution in the field of ophthalmology and the world-class healthcare
infrastructure are some of the growth-inducing factors for eye care market
across United Kingdom. The rising per capita disposable income and expanding
awareness towards eye health are supporting the market growth. Additionally,
the growing elderly population who are more susceptible to eye ailments,
including cataract, glaucoma, amblyopia and strabismus are augmenting the
demand for eye care products in the market. The excessive use of electronic
devices including laptops and smart phones are elevating the demand for eye
care products. This, in turn, is expected to accelerate the growth of the eye care market across United
Kingdom till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm”.
“United Kingdom 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, 2027 has
analyzed the future growth potential of United Kingdom eye care market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and assist decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with significant
drivers, challenges, and opportunities in United Kingdom eye care market.
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