According to TechSci Research latest Report- India vision care market is anticipated to record a significant CAGR during the forecast period as growing penetration of electronic items has increased vision related problems in the country.
Report URL- https://www.techsciresearch.com/report/india-vision-care-market/4639.html
palanpur Call Girls đ 6297143586 đ Genuine WhatsApp Number for Real Meet
Â
India vision care market size, share & market forecast 2025
1. MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
FY2015 â FY2025
INDIA VISION CARE MARKET
FORECAST & OPPORTUNITIES
2. 2Š TechSci Research
Scope of Report
Product of Interest (POI): Vision Care
Review Period
FY2015 â FY2018
Base Year
FY2019
Estimated Year
FY2020
Forecast Period
FY2021 â FY2025
Year Range
India vision care market is anticipated to record a significant CAGR during the forecast period as
growing penetration of electronic items has increased vision related problems in the country. The high
levels of pollution in Indian cities is also having a negative impact on peopleâs eyes. Other factors
contributing to increasing share of India vision care market are technological advances in eye care
devices, high expenditure on healthcare and growing awareness among people related to eye health.
Efforts from international and national agencies like National Programme for Control of Blindness and
Visual Impairment (NPCB&VI) and India Vision Institute (IVI) to raise awareness for eye health and to
address vision-related problems is also boosting the vision care products market in India.
Market Segmentation
REGION
⢠North
⢠East
⢠West
⢠South
PRODUCT TYPE
⢠Eyeglasses
⢠Contact Lens
⢠Intraocular Lens
⢠Others
COATING
⢠Anti-Glare
⢠Anti reflecting
⢠Others
DISTRIBUTION
CHANNEL
⢠Retail Stores
⢠E-Commerce
⢠Clinics
⢠Hospitals
LENS MATERIAL
⢠Normal Glass
⢠Polycarbonate
⢠Trivex
⢠Others
3. 3Š TechSci Research
Table of Contents
S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Vision Care Market
4. Executive Summary
5. Voice of Customers
6. India Vision Care Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Others)
6.2.2. By Coating (Anti-Glare, Anti reflecting, Others)
6.2.3. By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)
6.2.4. By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)
6.2.5. By Region (North, East, South, West)
6.2.6. By Company (FY2019)
6.3. Market Attractiveness Index
4. 4Š TechSci Research
Table of Contents
S. No. Contents Page No.
7. India Eyeglasses Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1 By Coating
7.2.2. By Lens Material
7.2.3. By Distribution Channel
7.2.4. By Pricing Analysis
8. India Contact Lens Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1 By Coating
8.2.2. By Lens Material
8.2.3. By Distribution Channel
8.2.4. By Pricing Analysis
5. 5Š TechSci Research
Table of Contents
S. No. Contents Page No.
9. India Intraocular Lens Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1 By Coating
9.2.2. By Lens Material
9.2.3. By Distribution Channel
9.2.4. By Pricing Analysis
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
12. Supply Chain Analysis
13. Policy & Regulatory Landscape
14. India Economic Profile
15. Competitive Landscape
16. Strategic Recommendations
17. About Us & Disclaimer
7. 7
Research Methodology
ďź Identifying Key Opinion
Leaders
ďź Questionnaire Design
ďź In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
India vision care market,
overall market size and
segmental market size.
In order to conduct
industry expertsâ
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
India vision care market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
ďź Recent Developments
ďź Market Changing
Aspects/Dynamics
ďź Government Policies
ďź Conclusion
ďź Market Participants
ďź Key Strengths
ďź LinkedIn
ďź TechSci Internal
Database
ďź Factiva
ďź Hoovers
Paid Sources
ďź Company Websites
ďź Company Annual
Reports
ďź White Paper Study
ďź Financial Reports
ďź Investor
Presentations
ďź Regulatory Body
ďź Associations, etc.
Secondary
Research
Primary Research
8. 8
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of India vision care market. The team has analyzed
while considering the major influencing factors such as increased vision related problems in the country. The study includes market
better decisions while planning their strategy to achieve sustainability in India vision care market.
Methodology Followed for Calculation of Market Size:
⢠Market Size by Value: Market size, in terms of value, for the year FY2019 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as vision care companies,
other industry participants.
⢠The team interviewed more than 15-20 vision care market companies, 100 â 120 end use industries, and 15 â 20 industry experts
care market to obtain the overall market size for FY2015-FY2019, which was validated by the Delphi technique. Taking standard
averaged out, to arrive at the market size data for FY2015-FY2019.
9. 9
Research Methodology
⢠Respondents were asked about the current and future market growth rates, market shares by product type, by coating, by lens material, by distribution channel, by region and by
company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to
arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
⢠Market shares by product type, by coating, by lens material, by distribution channel, by region and by company were calculated based on the responses received through primary
surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of vision care market. The final shares
were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
⢠TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
⢠Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast India vision care market, TechSci Research used
various forecast techniques such as:
ďź Moving Average
ďź Time Series Analysis
ďź Regression Analysis
ďź Econometric and Judgmental Analysis
10. 10
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long- term period to estimate and analyse market demand scenario. It should be noted that the figures compiled are only for the organized market including market
share data.
Partial List of Companies Interviewed Key Secondary Sources
ď§ Luxottica India Eyewear Pvt Ltd
ď§ GKB Rx Lens Pvt. Ltd.
ď§ Essilor India Private Limited
ď§ Carl Zeiss India Pvt Ltd.
ď§ Bausch & Lomb India Private Limited
ď§ Titan Industries Ltd.
ď§ Auro Laboratories Ltd.
ď§ Johnson & Johnson Private Limited
ď§ World Bank
ď§ TechSci Research Proprietary Database & Knowledge Repository
ď§ Company Annual Reports
ď§ Industry Magazines
ď§ Industry Reports
ď§ News Dailies
ď§ Credible Paid Databases
Š TechSci Research
11. 11Š TechSci Research
Industry Brief
According to TechSci Research report, âIndia Vision Care Market By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Others), By
Coating (Anti-Glare, Anti reflecting, Others), Lens Material (Normal Glass, Polycarbonate, Trivex, Others), By Distribution Channel (Retail Stores,
E-Commerce, Clinics, Hospitals), By Region, Forecast & Opportunities, 2025â, India vision care market is expected to grow at a substantial rate
during the forecast period owing to the factors such as increasing geriatric population which are more susceptible to eye diseases and
technological advances in eye care devices. The number of vision ailments, such as cataract, glaucoma, conjunctivitis and retinal detachment,
has significantly increased over the past few years due to sedentary lifestyles and rising pollution levels. In order to prevent these diseases,
regular vision tests are a necessity. This in turn, has led to the development and production of various medicines in the form of pills, ointments
and drops. With the advent of advanced technologies, there has been an improvement in the prevention of visual impairments. Treatments such
as gene therapy, computerized eye evaluations and stem cell therapy have proven to be effective measures in the vision care industry.
Due to the rising prevalence of vision disorders, government and non-government organizations across the globe, especially in developing
regions, have been undertaking initiatives to spread awareness about the availability of appropriate treatments and therapies. According to World
Health Organization report from 2019, there are atleast 2.2 billion people with blindness or vision impairment globally. India contributes nearly
one fifth to the global blindness burden. The country is trying to improve its vision care sector and both private and public sectors are making
tremendous strides in recent years.
India vision care market is segmented based on product type, coating, lens material, distribution channel, region and company. Based on type,
the vision care market is segmented into eyeglasses, contact lens, intraocular lens and others. Eyeglasses led the market in 2019 and contact
lens is anticipated to grow at the highest rate through 2025 as young population has formed a huge consumer base for contact lenses. Also,
increasing disposable incomes along with rise in health consciousness are expected to drive the vision care market during the forecast years.
Based on lens material, the vision care market is further segmented into normal glass, polycarbonate, trivex and others. Earlier, all eyeglass
lenses were made normal glass but with the advent of technology, now there are different types of lenses available in the market. Additionally,
people also look for designer frames which can make them look presentable. All these factors are expected to fuel growth of vision care market in
India.
Major players operating in the Indian vision care market include Luxottica India Eyewear Pvt Ltd., GKB Rx Lens Pvt. Ltd., Essilor India Private
Limited, Carl Zeiss India Pvt Ltd., Bausch & Lomb India Private Limited, Titan Industries Ltd., Auro Laboratories Ltd. and Johnson & Johnson
Private Limited, etc. Emerging online markets and continuous innovation in vision care products have created the opportunities for the future
development of the market.
âIndia is considered as an emerging market for vision care products due to increasing incidences of eye problems such as cataract, conjunctivitis,
among others and developing technologies. Efforts from government and international agencies such as National Programme for Control of
Blindness and Visual Impairment ( NPCB&VI) and India Vision Institute to raise awareness for eye health and to address vision-related problems
is anticipated to have positive impact over the growth of the India vision care market through 2025.,â said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
12. 12Š TechSci Research
Sample Data - Snapshot
India Vision Care Market Size, By Value (USD Million), By Volume (Million Units), FY2015-FY2025F
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00
2015 2019 2020E 2025
By Value (USD Million)
By Volume (Million Units)
CAGR By Value & Volume
XX%
CAGR By Value & Volume
YY%
India Vision Care Market Size, By Product Type, By Value, FY2015-FY2025F
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
FY2015
FY2016
FY2017
FY2018
FY2019
FY2020E
FY2021F
FY2022F
FY2023F
FY2024F
FY2025F
Eyeglasses Contact Lens Intraocular Lens Others
India Eyeglasses Market Size, By Lens Material, By Value, FY2015-FY2025F
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
FY2015
FY2016
FY2017
FY2018
FY2019
FY2020E
FY2021F
FY2022F
FY2023F
FY2024F
FY2025F
Normal Glass Polycarbonate Trivex Others
13. 13Š TechSci Research
Report Ordering
License Type Price
Single User License $2950
Multi-User License $3750
Custom Research License $7500
To View Sample OR Purchase Report
Report Name: INDIA VISION CARE MARKET
FORECAST & OPPORTUNITIES
FY2015 â FY2025
14. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique âbottom-upâ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
Related Reports
⢠Global Eye Drop Market By Type (Antibiotics, Hormones, Artificial Tears, Others), By Application (Eye Diseases, Eye Care, Others), By Purchase
Mode (Prescription, OTC), By Eye Diseases (Dry Eye, Glaucoma, Conjunctivitis, Refractive Errors, Others), By Region, Forecast & Opportunities,
2025
⢠Global Wearable Technology Market By Product (Headwear & Eyewear, Wristwear & Others), By Technology (Positioning Technology, Computing
Technology & Others), By Components (Interface Components & Others), By Application (Consumer Electronics, Enterprise & Industrial and
Healthcare), By Company, By Region, Forecast & Opportunities, 2025
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this
document are indicative of relative market size and are strictly for clientâs internal consumption. Usage of the same for purpose other than internal will require prior
approval of TechSci Research.
TechSci Research â North America
708 Third Avenue, Manhattan,
New York, United States
Tel: +1- 646- 360- 1656
Email: sales@techsciresearch.com
www.techsciresearch.com
Disclaimer
TechSci Research â Europe
54, Old brook, Bretton,
Peterborough,
United Kingdom
Email: sales@techsciresearch.com
www.techsciresearch.com
TechSci Research â Asia-Pacific
B â 44, Sector â 57, Noida, National Capital
Region, U.P. - India
Tel: +91-120-4523900
Email: sales@techsciresearch.com
www.techsciresearch.com