The optometry market size was valued at US$ 62 Bn in 2020 and is expected to expand at a CAGR of 4.8% from 2021 to 2030.
The global optometry market size is projected to reach around US$ 90 billion by 2030, growing prevalence of eye diseases and refractive errors to escalate the growth of global optometry market.
Increase in awareness about Eye Care to Drive Global Optometry Market
Vision Care Equipment Segment to Dominate Optometry Market
Optometry Clinics Segment Hold a Major Share of Global Optometry Market
North America to Dominate Global Optometry Market
The global optometry market is fragmented in terms of number of players. Key players in the global optometry market include CooperVision, Johnson & Johnson Vision Care, Inc., Carl Zeiss, Novartis AG, Essilor, Valeant Pharmaceuticals International, Inc. (Bausch+Lomb Incorporated), ALLERGAN, Pfizer, Inc., F. Hoffmann-La Roche Ltd., Transitions Optical Limited, HOYA GROUP, CIRON Drugs & Pharmaceuticals Pvt. Ltd., NIDEK CO., LTD., TOPCON CORPORATION and GrandVision
By Product type
By Distribution channel
Scope of Report
VRR’s report on the global optometry market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2021 to 2030. The report provides revenue of the global optometry market for the period 2017–2030, considering 2020 as the base year and 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global optometry market during the forecast period.
The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global optometry market.
Secondary research also included Internet sources, statistical data from government agencies, websites, company presentations, sales data, and trade associations. Analysts have employed a combination of top-down and bottom-up approaches to study various phenomenon in the global optometry market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global optometry market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global optometry market.
The report delves into the competitive landscape of the global optometry market. Key players operating in the global optometry market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global optometry market that have been profiled in this report.
Key Questions Answered in Global Optometry Market Report
A unique research methodology has been utilized by VRR to conduct comprehensive research on the growth of the global optometry market and arrive at conclusions on its growth prospects. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.
Secondary research sources referred to by analysts during the production of the global optometry market report include statistics from company annual reports, SEC filings, company websites, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of VRR’s study on the optometry market as primary methods.
These primary research respondents have provided exclusive information during interviews, which serves as a validation from the optometry market leaders. Access to an extensive internal repository and external proprietary databases enabled this report to address specific details and questions about the global optometry market with accuracy. The study also uses the top-down approach to assess the revenues for each segment and the bottom-up approach to counter-validate them. This has helped in reaching VRR’s estimates on future prospects of the global optometry more reliably and accurately.
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