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20-Apr-2021

North America Vision Care Market is Expected to Witness Rapid Growth by 2026 | Novartis AG, CooperVision, Inc., SynergEyes, Inc., Johnson and Johnson Vision Care Inc., Essilor International.

The report “Vision Care Market: North America Industry Analysis and Opportunity Assessment, 2016–2026” presents a 10-year forecast of the North America vision care market between 2016 and 2026. Our main objective is to offer insights on the advancements in the North America vision care market. Our comprehensive study demonstrates market dynamics that are expected to influence the current environment and future status of the North America vision care market over the forecast period (2016 – 2026). In this report, we have focussed on market performance and identified the drivers, restraints, and trends likely to influence the North America vision care market over the forecast period. We have also provided information on opportunities available for manufacturers and key players operating in the North America vision care market.

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Report description

To assess market opportunities and to analyse market performance, we have divided the report into three categories based on market segmentation – by product type, by distribution channel, and by country – and have provided a comprehensive analysis of the North America vision care market in terms of market value and volume for the next 10 years. The report begins with an overview of the North America vision care market followed by an in-depth analysis of market dynamics and governing trends.

The report discusses the market definition, followed by definitions of the different vision care product types. The market dynamics section includes our analysis of the key trends, drivers, restraints, opportunities, and macro-economic factors influencing the growth of the North America vision care market. The next section of the report analyses the market on the basis of distribution channel and presents a forecast in terms of value for the next 10 years. Next, the report analyses the market on the basis of countries and presents a comprehensive forecast in terms of value for the next 10 years.

In the final section of the report, we have included the North America vision care market competitive landscape to provide a dashboard view of key market players operating in the North America vision care market. We have also profiled the top market leaders and provided information on their short-term and long-term strategies, key offerings, and recent developments in the North America vision care market. This section also discusses the various factors shaping internal as well as external market competition. 

Research methodology

While developing the market forecast, we have begun by sizing up the current market, which forms the basis for forecasting how the North America vision care market is anticipated to take shape during the forecast period. Given the characteristics of the market, we have triangulated the gathered data on the basis of various analyses based on both supply side and demand side drivers and various other dynamics of the North America vision care market. 

Also, it is important to note that we have conducted the market forecasts not only in terms of CAGR, but we have also analysed the market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities in the North America vision care market. The segments and sub-segments of the North America vision care market have also been analysed in terms of Basis Point Share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important to identify the many key trends governing the North America vision care market.

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Another useful feature of our report on the North America vision care market is an analysis of all segments in terms of absolute dollar opportunity, usually overlooked while forecasting the market. Absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales perspective in the North America vision care market. Further, in order to understand key growth segments in terms of their growth and performance in the North America vision care market, we have developed a market attractiveness index to help providers identify real market opportunities.

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About FMI       

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Last Updated: 20-Apr-2021