LONDON–(BUSINESSWIRE)–
Alcon, Bausch and Lomb, and Essilor International are three key vendors highlighted in a new Technavio report
Technavio has published a new report on the vision care market in the US, which is expected to grow at a CAGR of more than 5% from 2015-2019.
Vision care market segmentation by product
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different products, including Rx lenses, frames, contact lenses, non-Rx lenses, and readers.
The latest report by Technavio discusses the prevalence of online sales channels, as most of the major vendors have websites for sales and informational purposes. Apart from selling, professionals are also venturing into the online promotion of their products.
“Facebook and other prominent social media platforms are being used for promoting awareness about computer vision syndrome. New product offerings like photochromic lenses and blue-light-filtering lenses are also gaining popularity on the Internet, which will elevate the market growth in the forecast period,” says Faisal Ghaus, Vice President of Technavio.
Vision care: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the vision care market in the US from 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of the following products:
- Rx Lenses
- Frames
- Contact Lenses
- Non-Rx Sunglasses
- Readers
Industry analysis includes:
- Key Vendors:
- Alcon
- Bausch and Lomb
- Essilor International
- HOYA Corp.
- Luxottica Toshiba Corp.
- Market Growth Drivers:
- Increase in Population Suffering from Eye Disorders
- Brand-consciousness among Patients
- Market Challenges:
- Intense Competition among Top Brands
- Refractive Surgery as a Substitute for Vision Devices
- Market Trends:
- Prevalence of Online Sales Channels
- Demand for Photochromic Lenses
View the vision care market in the US report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the optical market:
- Global Optical Imaging Market 2015-2019
- Global Fiber Optic Sensor Market 2015-2019
If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20150821005184/en/
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1-630-333-9501
UK: +44 208 123 1770
www.technavio.com
[email protected]
