Europe Vision Care Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by (Eyeglasses, Contact Lens, Intraocular Lens, and Others) and Distribution Channel (Retail Stores, E-Commerce, Clinics, and Hospitals)
The Europe vision care market is expected to grow from US$ 23,743.83 million in 2022 to US$ 31,199.09 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2022 to 2028.
Rising Funds for Eye Care Research
Extensive ongoing research across the Europe to identify new treatments for eye diseases is likely to favor the vision care market growth in the coming years. The institute also funds trials to develop cutting-edge therapies for blinding diseases. In 2017, the NEI launched a 3D Retina Organoid Challenge Competition (3D-ROC) to develop functioning mini-retinas from human stem cells. It announced the prize money of US$ 1.1 million to the team with the best replication of retina structure and function.
The Karolinska Institutet, Sweden, offers grants to promote research on eye diseases. In 2020, the institute announced SEK 50,000–150,000 (US$ 5,912.88–17,738.64) per person funding for new research projects on eye diseases. These funds will be used to provide maximum flexibility in developing and expanding eye research programs and fostering creative planning beyond the scope of restricted project grants. Thus, increasing funds for eyecare research are likely to bring new trends in the vision care market to trigger its growth.
Europe Vision care Market Overview
The European vision care market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. The region holds a significant market share in the vision care market. The European vision care market is expected to witness significant growth during the forecast period due to factors such as the significant growth in elderly population, growing prevalence of eye disease and diabetes, launch of innovative products by market players in the region.
Europe Vision care Market Revenue and Forecast to 2028 (US$ Million)
Europe Vision care Market Segmentation
The Europe vision care market is segmented based on type, distribution channel, and country. Based on type, the Europe vision care market is segmented into eyeglasses, contact lens, intraocular lens, and others. The eyeglasses segment held the largest market share in 2022.
Based on distribution channel, the Europe vision care market is segmented into retail stores, e-commerce, clinics, and hospitals. The retail stores segment held the largest market share in 2022.
Based on country, the Europe vision care market is segmented into Germany, the UK, Spain, Italy, France, and the Rest of Europe. Germany dominated the Europe vision care market share in 2022.
Alcon Inc.; Bausch Health Companies Inc.; Carl Zeiss AG; Cooper Companies Inc; Essilor International SAS; Johnson & Johnson; Hoya Corp; Rodenstock GMBH; Menicon Co., Ltd; and Rayner Intraocular Lenses Limited are the leading companies operating in the Europe vision care market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Vision Care Market – by Product Type
1.3.2 Europe Vision Care Market – by Distribution Channel
1.3.3 Europe Vision Care Market – by Country
2. Vision Care Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Vision Care Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
4.3 Expert’s Opinion
5. Europe Vision Care Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Eye Diseases
5.1.2 Progress of Innovative Products
5.2 Market Restraints
5.2.1 Adverse Effects of Contact Lens on Eye Condition
5.3 Market Opportunities
5.3.1 Increasing Awareness of Vision Care
5.4 Future Trends
5.4.1 Rising Funds for Eye Care Research
5.5 Impact Analysis
6. Vision Care Market – Europe Analysis
6.1 Europe Vision Care Market Revenue Forecast and Analysis
7. Europe Vision Care Market – Revenue and Forecast to 2028 – by Product Type
7.1 Overview
7.2 Vision Care Market Revenue Share, by Product Type 2021 & 2028 (%)
7.3 Eye Glasses
7.3.1 Overview
7.3.2 Eye Glasses: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Contact Lens
7.4.1 Overview
7.4.2 Contact Lens: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Intraocular Lens
7.5.1 Overview
7.5.2 Intraocular Lens: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Vision Care Market Analysis and Forecasts to 2028 – by Distribution Channel
8.1 Overview
8.2 Vision Care Market, by Distribution Channel 2021 & 2028 (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Retail Stores
8.4.1 Overview
8.4.2 Retail Stores: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
8.5 E-Commerce
8.5.1 Overview
8.5.2 E-Commerce: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Clinics
8.7.1 Overview
8.7.2 Clinics: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Vision Care Market – Revenue and Forecast to 2028 – by Country Analysis
9.1 Europe: Vision Care Market
9.1.1 Overview
9.1.2 Europe: Vision Care Market, by Country, 2021 & 2028 (%)
9.1.2.1 Germany: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Overview
9.1.2.1.2 Germany: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.3 Germany: Vision Care Market, by Product, 2019–2028 (US$ Million)
9.1.2.1.4 Germany: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.2 UK: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Overview
9.1.2.2.2 UK: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.3 UK: Vision Care Market, by Product, 2019–2028 (US$ Million)
9.1.2.2.4 UK: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.3 France: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Overview
9.1.2.3.2 France: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.3 France: Vision Care Market, by Product, 2019–2028 (US$ Million)
9.1.2.3.4 France: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.4 Italy: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Overview
9.1.2.4.2 Italy: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.3 Italy: Vision Care Market, by Product, 2019–2028 (US$ Million)
9.1.2.4.4 Italy: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.5 Spain: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Overview
9.1.2.5.2 Spain: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.3 Spain: Vision Care Market, by Product, 2019–2028 (US$ Million)
9.1.2.5.4 Spain: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
9.1.2.6 Rest of Europe: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Overview
9.1.2.6.2 Rest of Europe: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.3 Rest of Europe: Vision Care Market, by Product, 2019–2028 (US$ Million)
9.1.2.6.4 Rest of Europe: Vision Care Market, by Distribution Channel, 2019–2028 (US$ Million)
10. Vision Care Market – Industry Landscape
10.1 Overview
10.2 Growth Strategies Done by the Companies in the Market, (%)
10.3 Organic Developments
10.3.1 Overview
10.4 Inorganic Developments
10.4.1 Overview
11. Company Profiles
11.1 Alcon Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Bausch Health Companies Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Carl Zeiss AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cooper Companies Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Essilor International SAS
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Johnson & Johnson
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Hoya Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 RODENSTOCK GMBH
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Menicon Co., Ltd.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Rayner Intraocular Lenses Limited
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany Vision Care Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 3. UK Vision Care Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 4. UK Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. France Vision Care Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 6. France Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Vision Care Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 9. Spain Vision Care Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 10. Spain Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Europe Vision Care Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe Vision Care Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms
LIST OF FIGURES
Figure 1. Europe Vision Care Market Segmentation
Figure 2. Europe Vision Care Market, by Country
Figure 3. Europe Vision Care Market Overview
Figure 4. Eye Glasses Segment Held The Largest Share of Type Segment in Vision Care Market
Figure 5. Germany Expected to Show Remarkable Growth During Forecast Period
Figure 6. Europe: PEST Analysis
Figure 7. Europe Experts’ Opinion
Figure 8. Europe Vision Care Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Vision Care Market – Revenue Forecast and Analysis – 2020–2028
Figure 10. Europe Vision Care Market Revenue Share, by Product Type 2021 & 2028 (%)
Figure 11. Eye Glasses: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Contact Lens: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Intraocular Lens: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Vision Care Market, by Distribution Channel 2021 & 2028 (%)
Figure 16. Hospitals: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Retail Stores: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. E-Commerce: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Clinics: Europe Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe: Vision Care Market, by Key Country – Revenue (2021) (US$ Million)
Figure 21. Europe: Vision Care Market, by Country, 2021 & 2028 (%)
Figure 22. Germany: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. UK: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. France: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Italy: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Spain: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Vision Care Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Growth Strategies Done by the Companies in the Market, (%)
- Alcon Inc.,
- Bausch Health Companies Inc.,
- Carl Zeiss AG
- Cooper Companies Inc
- Essilor International SAS
- Johnson & Johnson
- Hoya Corp
- Rodenstock GMBH
- Menicon Co., Ltd
- Rayner Intraocular Lenses Limited
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe vision care market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe vision care market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe vision care market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution