Europe Eye Care Market Size, Trends, Growth, Price, Report 2028

Summary

Report Description

Europe eye care market is expected to witness a significant growth rate during the forecast period, 2024-2028. The growing prevalence of vision related disorders including myopia and hypermetropia in the region along with the extensive use of electronic devices such as laptops, and smartphones among young population are anticipated to bolster the growth of the market. Technological advancement and improvements in eye care sector is another major factor augmenting the growth of the market. Furthermore, growing awareness among people regarding the regular eye checkups as well as various awareness programs organized by the government in the country is expected to propel the growth of the market. Also, adoption of several strategies by the market players to grow the product penetration in the market. For instance, in 2020, Menicon has opened new distribution center in Germany to enhance the distribution services. Therefore, the presence of various market players is anticipated to increase the eye care products in the future.

Growing Prevalence of Eye Diseases

Growing incidences of ocular diseases such as cataracts, glaucoma, retinopathy, dry eye, among others is strengthening the growth of the market. In 2021, over two million people were living with sight loss in the United Kingdom. There is a large number of people who are suffering from eye diseases, which in turn, is projected to bolster the growth of the market. Additionally, the geriatric population is more susceptible to suffer from the eye diseases, due to rising age.

Growing Advancements in Technology

The rapid rise in technological developments and improvements in eye care industry are expected to drive the growth of the market in the future. Advancements such as use of artificial intelligence (AI), advanced imaging, robotic-assisted microsurgery, among others are facilitating the growth of the market. For instance, in 2019, Alcon, the global leader in eye health, launched PRECISION1 daily disposable, silicone hydrogel (SiHy) contact lenses which is the latest addition to its robust contact lens portfolio. PRECISION1 is the first and only contact lens which have Alcon’s proprietary SMARTSURFACE technology which offers lasting visual performance from morning to night. Therefore, rising technological advancements and innovation is expected to bolster the growth of the Europe eye care market.

Recent Developments

In 2019, Johnson & Johnson Vision launched Acuvue Oasys contact lens which have transitions light intelligent technology. This photochromic contact lens will help in eye protection and will also help in managing the stress associated with light conditions.
In 2019, the Menicon Co. company launched the Menicon Bloom Myopia Control Management System. Menicon Bloom Night therapy contains the overnight wear of a specifically designed reverse geometry orthokeratology contact lens, which is manufactured in hyper oxygen permeable Menicon Z rigid material which guarantees ideal corneal oxygenation for comfortable contact lens wear.

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Market Segmentation

Europe eye care market is segmented into product type, coating, lens material, distribution channel, company, and country. Based on product type, the market is categorized into eyeglasses, contact lens, intraocular lens, eye drops and others. Based on coating, the market is divided into anti-glare, anti-reflecting, and others. Based on lens material, the market is bifurcated into normal glass, polycarbonate, trivex, and others. Based on distribution channel, the market is categorized into retail stores, e-commerce, clinics, and hospitals. In terms of countries, the market is segmented into France, Germany, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria, and Croatia.

Market Players

Novartis AG, Essilor International SA, F.Hoffmann-La Roche, Alcon Laboratories UK Ltd, Allergan, Ltd., Johnson & Johnson Vision Care Ireland Ltd, Hoya Lens UK Ltd., Bausch & Lomb GmbH, Abbott (UK) Holdings Ltd., and Carl Zeiss Meditec AG are some of the leading companies operating in the market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume Units and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, Volume forecast company share, Competitive landscape, Growth factors, and Trends
Segments covered	· Product Type · Coating · Lens Material · Distribution Channel · Country
Country scope	France, Germany, United Kingdom, Italy, Spain, Finland, Greece, Portugal, Bulgaria, and Croatia.
Key companies profiled	Novartis AG, Essilor International SA, F.Hoffmann-La Roche, Alcon Laboratories UK Ltd, Allergan, Ltd., Johnson & Johnson Vision Care Ireland Ltd, Hoya Lens UK Ltd., Bausch & Lomb GmbH, Abbott (UK) Holdings Ltd., Carl Zeiss Meditec AG
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Europe eye care market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Europe Eye Care Market, By Product Type:

Eyeglasses
Contact Lens
Intraocular Lens
Eye Drops
Others

Europe Eye Care Market, By Coating:

Anti-Glare
Anti-Reflecting
Others

Europe Eye Care Market, By Lens Material:

Normal Glass
Polycarbonate
Trivex
Others

Europe Eye Care Market, By Distribution Channel:

Retail Stores
E-Commerce
Clinics
Hospitals

· Europe Eye Care Market, By Region:

o France

o Germany

o United Kingdom

o Italy

o Spain

o Finland

o Greece

o Portugal

o Bulgaria

o Croatia.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present Europe eye care market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Europe Eye Care Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Europe Eye Care Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.2.5. By Company (2022)

5.2.6. By Country

5.3. Market Map

5.4. Europe: Country Analysis

5.4.1. France Eye Care Market Outlook

5.4.1.1. Market Size & Forecast

5.4.1.1.1. By Value

5.4.1.2. Market Share & Forecast

5.4.1.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.1.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.1.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.1.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.2. Germany Eye Care Market Outlook

5.4.2.1. Market Size & Forecast

5.4.2.1.1. By Value

5.4.2.2. Market Share & Forecast

5.4.2.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.2.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.2.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.2.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.3. United Kingdom Eye Care Market Outlook

5.4.3.1. Market Size & Forecast

5.4.3.1.1. By Value

5.4.3.2. Market Share & Forecast

5.4.3.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.3.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.3.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.3.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.4. Italy Eye Care Market Outlook

5.4.4.1. Market Size & Forecast

5.4.4.1.1. By Value

5.4.4.2. Market Share & Forecast

5.4.4.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.4.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.4.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.4.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.5. Spain Eye Care Market Outlook

5.4.5.1. Market Size & Forecast

5.4.5.1.1. By Value

5.4.5.2. Market Share & Forecast

5.4.5.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.5.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.5.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.5.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.6. Finland Eye Care Market Outlook

5.4.6.1. Market Size & Forecast

5.4.6.1.1. By Value

5.4.6.2. Market Share & Forecast

5.4.6.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.6.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.6.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.6.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.7. Greece Eye Care Market Outlook

5.4.7.1. Market Size & Forecast

5.4.7.1.1. By Value

5.4.7.2. Market Share & Forecast

5.4.7.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.7.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.7.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.7.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.8. Portugal Eye Care Market Outlook

5.4.8.1. Market Size & Forecast

5.4.8.1.1. By Value

5.4.8.2. Market Share & Forecast

5.4.8.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.8.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.8.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.8.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.9. Bulgaria Eye Care Market Outlook

5.4.9.1. Market Size & Forecast

5.4.9.1.1. By Value

5.4.9.2. Market Share & Forecast

5.4.9.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.9.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.9.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.9.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

5.4.10. Croatia Eye Care Market Outlook

5.4.10.1. Market Size & Forecast

5.4.10.1.1. By Value

5.4.10.2. Market Share & Forecast

5.4.10.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others)

5.4.10.2.2. By Coating (Anti-Glare, Anti-Reflecting, Others)

5.4.10.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

5.4.10.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

6. Market Dynamics

6.1. Drivers

6.2. Challenges

7. Market Trends & Developments

8. Competitive Landscape

8.1. Business Overview

8.2. Product Offerings

8.3. Recent Developments

8.4. Financials (As Reported)

8.5. Key Personnel

8.6. SWOT Analysis

8.6.1. Novartis AG

8.6.2. Essilor International SA

8.6.3. F.Hoffmann-La Roche

8.6.4. Alcon Laboratories UK Ltd

8.6.5. Allergan, Ltd.

8.6.6. Johnson & Johnson Vision Care Ireland Ltd

8.6.7. Hoya Lens UK Ltd.

8.6.8. Bausch & Lomb GmbH

8.6.9. Abbott (UK) Holdings Ltd.

8.6.10. Carl Zeiss Meditec AG

9. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the major drivers for the Europe Eye Care Market?

Rising incidences of eye problems, and growing adoption of advanced technology are driving the demand for the Europe eye care market.

Who are the top players operating in the Europe Eye Care Market?

Novartis AG, Essilor International SA, F.Hoffmann-La Roche, Alcon Laboratories UK Ltd, Allergan, Ltd., Johnson & Johnson Vision Care Ireland Ltd, Hoya Lens UK Ltd., Bausch & Lomb GmbH, Abbott (UK) Holdings Ltd., and Carl Zeiss Meditec AG are the key players operating in the Europe eye care market.

Which segment is expected to hold the largest share in Europe eye care market during forecast period?

Based on product type segment, intraocular lens segment is expected to anticipate the growth of the Europe eye care market during forecast period. This is due to the increasing demand to treat nearsightedness, astigmatism, and farsightedness, and also it helps in resolving any vision-related difficulty.