The North American vision care products and services market is projected to grow significantly, with an estimated valuation of USD 65,326.3 million in 2023. By 2033, the market is expected to reach USD 114,800.8 million, reflecting a robust compound annual growth rate (CAGR) of 5.8%.
This growth is primarily driven by the increasing prevalence of vision-related disorders, such as myopia, hyperopia, and age-related macular degeneration, alongside the growing aging population in the region. As more individuals seek effective solutions for vision correction and treatment, the demand for advanced vision care products, including eyeglasses, contact lenses, and surgical treatments, continues to rise.
Adoption Analysis in the North America Vision Care:
- The United States has witnessed a substantial adoption of vision care solutions due to the increasing prevalence of eye health issues across different age groups, including the geriatric population.
- Canada, with its growing focus on comprehensive healthcare services, has shown a notable uptick in the adoption of advanced vision care technologies, particularly among urban populations.
- Advanced diagnostic and treatment options, including laser surgeries and refractive procedures, have gained significant traction in the United States and Canada, fostering the adoption of sophisticated vision care solutions.
- The proactive initiatives by regional governments to promote regular eye check-ups and awareness campaigns regarding the importance of early detection of vision-related issues have contributed to the widespread adoption of vision care practices in North America.
Key Companies Providing Vision Care Products in North America
- EssilorLuxottica
- Johnson & Johnson Vision
- Alcon (Novartis)
- CooperVision
- Bausch & Lomb
- Warby Parker
- LensCrafters
- Visionworks
- Pearle Vision
- EyeBuyDirect
- National Vision
A Comprehensive Full Report
Key Segments
By Product Type:
- Rx-Lenses
- Frames
- Contact Lenses
- Non-Rx Sunglasses
- Reading Glasses
- Contact Lens Solutions
By Distribution Channel:
- Retail Stores
- E-Commerce
- Clinics
- Hospitals
By Country:
- The United States
- Canada
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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