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
available 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 stores,
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.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Product Type
·
Coating
·
Lens Material
·
Distribution Channel
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Regional scope
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London, Southeast, East Anglia, Scotland, Southwest, East
Midlands, Yorkshire & Humberside, Rest of United Kingdom
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Key companies profiled
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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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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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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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Report Scope:
In this report, United Kingdom Eye care market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
·
United Kingdom Eye Care Market,
By Product Type:
o Eyeglasses
o Contact Lens
o Intraocular Lens
o Eye Drops
o Eye Vitamins
o Others
·
United Kingdom Eye Care
Market, By Coating:
o Anti-Glare
o UV
o Others
·
United Kingdom Eye Care Market,
By Lens Material:
o Normal Glass
o Polycarbonate
o Trivex
o Others
·
United Kingdom Eye Care
Market, By Distribution Channel:
o Retail Stores
o E-Commerce
o Clinics
o Hospitals
·
United Kingdom Eye Care
Market, By Region:
o
London
o
Southeast
o
East
Anglia
o
Scotland
o
Southwest
o
East
Midlands
o
Yorkshire
& Humberside
o
Rest
of United Kingdom
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom Eye care market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
o Detailed analysis and profiling of
additional market players (up to five).
United Kingdom eye care market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]