Press Release

Vietnam Eye Care Market to Grow with Instances of Eye Infection Until 2027

E-commerce sector of eye care products are driving the growth of the Vietnam Eye care Market, in the forecast period, 2023-2027F.

According to TechSci report on, “Vietnam Eye Care Market - By Region, Competition Forecast & Opportunities, 2027”, Vietnam eye care market is anticipated to grow with an impressive CAGR in the forecast period, 2023-2027 on the account of increasing demand for the eye products. Surge in the instances of eye diseases and eye infections further drive the growth of the Vietnam eye care market in the upcoming five years.

Also, increasing number of eye consultants in the country are also supporting the growth of the Vietnam eye care market in the next five years. Moreover, higher instances of diabetes, increasing number of eye specialty clinics and hospitals, are also substantiating the growth of the Vietnam eye care market in the future five years.

Additionally, market players are involved in providing the trainings for ophthalmologists. Major hospitals such as Central Eye Hospitals and Ho Chi Minh City Eye Hospital have been providing training on refraction and glazing by collaborating with Brien Holden Vision Institute, to improve the quality of refractive services and thus aiding the growth of the Vietnam eye care market in the forecast years, until 2027.

Although, the healthcare industry in the country is not well equipped with product development, and the demand is met through imports and supplies from the global market players who have penetrated the market in these recent years. The investment in the market is highly required and government financial aids supports the expanding Vietnam eye care market in the future five years.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Vietnam Eye Care Market"

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The Vietnam eye care market is segmented by product type, coating, lens material, distribution channel, competitional landscape, and regional distribution. Based on product type, the market is further bifurcated into eyeglasses, contact lens, intraocular lens, eye drops, eye vitamins, and others.

Eyeglasses are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of increasing instances of weaker eyesight among the population. Younger generation is highly susceptible to prolonged exposure to LED screen through mobile phones, smart TVs, laptops etc.

Higher exposure to such screen times, leads to weaker eyesight and thus higher demand for eyeglasses. Contact lenses are also anticipated to further hold significant shares of the market due to increasing demand for aesthetic lenses and eyesight lenses.

Coating segment of the market is defined among anti-glare, UV, and others. Demands for anti-glare coatings is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years due to rising demands from the younger population.

To protect their eyesight from the exposures to LED screens, the generation is preferring anti-glare coating on their eyeglasses. Moreover, demands for UV rays’ protection is increasing due to increasing knowledge about the harmful effects of ultraviolet rays and its prolonged exposure can cause.

Lens material-based segmentation of the market is further segmented into normal glass, polycarbonate, Trivex, and others. Normal glass for the lens has been used traditionally, and thus anticipated to hold the largest revenue shares of the market. Although, polycarbonate lenses are gaining popularity due to their sturdy and long-life advantages.

A partial list of major market players of the Vietnam eye care market includes:

·         CooperVision Vietnam

·         Seed Co. Vietnam Ltd.

·         Acuvue Vietnam

·         Bauch & Lomb Vietnam

·         AVEO Vietnam

·         Nice Eyes Service Trading Co., Ltd

·         Hoya Lens Vietnam Ltd.

·         Essilor Vietnam

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“Eye care products like eye drops and eye vitamins are actively present in the retail pharmacies and stores on the expansion of distribution channels in the country. Traditionally, maximum sales of the eyeglasses, contact lenses, intraocular lenses etc. is through eye hospitals and eye specialty clinics. E-commerce is also expanding the horizons of the eye care products to reach all generations. Younger generation is highly inclined toward the online shopping and thus supporting the sales of eye care products through online platforms and substantiating the growth of the Vietnam eye care market in the upcoming five years. New market players may invest financially in technological advancement and modern product manufacturing to support their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Vietnam Eye Care Market By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, Others), By Coating (Anti-Glare, UV, Others), By Lens Material (Normal Glass, Polycarbonate, Trivex, Others), By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals), By Region, Competition Forecast & Opportunities, 2027 has evaluated the future growth potential of Vietnam eye care market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam eye care market.

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