Global Vision Correction Market Size Expected to Grow at 7.4% CAGR, Reaching USD 41.25 Billion by 2031
Alarming rise in the prevalence of eye disorder, increase in adoption of contact lens and rise in number of key players in optometry sector leads to the growth
PORTLAND, OREGON, UNITED STATES, June 20, 2024 /EINPresswire.com/ -- Allied Market Research has published a study report with the title Vision Correction Market Size was Valued at ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ ๐๐ง๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ก๐ข๐ญ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ:-
โข By method, the glasses segment was the highest contributor to the market in 2021.
โข By application, the presbyopia segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
โข By end user, the hospital segment dominated the market in 2021 and is expected to continue this trend during the forecast period.
โข By region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/32234
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ข๐ฌ๐ข๐จ๐ง ๐๐จ๐ซ๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ?
Rise in the prevalence of eye disorders, increase in the geriatric population, and surge in the adoption of digital technology drive the growth of the global vision correction market.By application, the presbyopia segment contributed to the major share in 2021. By region, on the other hand, Asia-Pacific would showcase the fastest CAGR by 2031.
๐๐จ๐ฉ ๐๐ข๐ฌ๐ข๐จ๐ง ๐๐จ๐ซ๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
โข L'Oreal
โข Estรฉe Lauder
โข Unilever
โข Procter & Gamble
โข Shiseido
โข Johnson & Johnson
โข Colgate-Palmolive
โข Amorepacific
โข Beiersdorf
โข Kao Corporation
๐๐ข๐ฌ๐ข๐จ๐ง ๐๐จ๐ซ๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐ ๐๐จ๐ง๐ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ :
The global vision correction market is analyzed across method, application, end-user, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
By method, the glasses segment held the largest share in 2021, garnering around three-fourths of the global vision correction market revenue, and is projected to maintain its dominance by 2031. The same segment would also showcase the fastest CAGR of 7.5% during the forecast period.
By application, the presbyopia segment contributed to nearly one-third of the global vision correction market share in 2021, and is projected to rule the roost by 2031. The myopia segment, on the other hand, would display the fastest CAGR of 8.1% throughout the forecast period.
By end-user, the hospital segment accounted for the highest share in 2021, generating nearly half of the global vision correction market revenue. The same segment would also portray the fastest CAGR of 7.9% during the forecast period.
By region, North America held the major share in 2021, garnering more than one-third of the global vision correction market revenue. Asia-Pacific, simultaneously, would showcase the fastest CAGR of 8.1% from 2022 to 2031.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/32234
Key Benefits For Stakeholders
โข This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vision correction market analysis from 2021 to 2031 to identify the prevailing vision correction market opportunity.
โข The market research is offered along with information related to key drivers, restraints, and opportunities.
โข Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
โข In-depth analysis of the vision correction market segmentation assists to determine the prevailing market opportunities.
โข Major countries in each region are mapped according to their revenue contribution to the global market.
โข Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Contact Details:
David Correa
USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of โMarket Research Reportsโ and โBusiness Intelligence Solutions.โ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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Allied Market Research
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