North America Vision Care Market Will Generate Booming Growth Opportunities to 2027
Vision care refers to the prevention or reduction of risks to eye and visual health. This includes addressing both vision and eye-related issues and correcting refractive errors with prescription eyeglasses and contact lenses. As technology advances and people become more reliant on digital devices, the demand for quality vision care products is expected to increase in the coming years. Key players in the market are investing heavily in research to improve the manufacturing and supply processes of eyeglasses, lenses, and other eye wear, leading to increased sales. The North American vision care market is projected to grow at a CAGR of 9.8% during the forecast period, with revenues reaching US$ 100.72 billion by the end of 2026. Factors driving growth in the North American vision care industry include the increasing prevalence of chronic diseases and an aging population susceptible to eye ailments such as cataracts and glaucoma. Hyperopia is also becoming more prevalent among seniors, ...