(EMAILWIRE.COM, November 28, 2018 ) The global eye glasses market is expected to reach USD 34.12 Billion by 2023 from USD 30.36 Billion in 2018, at a CAGR of 2.4% from 2018 to 2023. Growth in the global eye glasses market is mainly driven by factors such as technological advancements in lens materials, increasing geriatric population & related eye diseases, and growing awareness about eyesight correction.

Objectives of the Study

-To define, describe, and forecast the global eye glasses market on the basis of product and region
-To provide detailed information regarding the major factors influencing the growth of the eye glasses market (drivers, restraints, opportunities, and challenges)
-To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
-To analyze the opportunities in the eye glasses market for stakeholders and provide details of the competitive landscape for market leaders
-To profile the key players in this market and comprehensively analyze their market shares and core competencies
-To forecast the market size of the global eye glasses market with respect to four main regions, namely, North America, Europe, Asia Pacific, and Rest of the World.
-To track and analyze competitive developments such as merger, acquisitions, product developments, agreements, partnerships, collaborations, and expansions in the eye glasses market

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Research Methodology

Top-down and bottom-up approaches are used to validate the size of the global eye glasses market and estimate the size of various other dependent submarkets. Major players are identified through secondary research, and their market revenues are determined through primary and secondary research. Secondary research is included the study of International Council of Ophthalmology (ICO), American Academy of Ophthalmology (AAO), American Optometric Association (AOA), All India Ophthalmological Society (AIOS), European Board of Ophthalmology (EBO), Asia Pacific Academy of Ophthalmology, and the annual & financial reports of top market players, whereas primary research is included extensive interviews with the key opinion leaders such as CEOs, directors, and marketing executives. The percentage splits, shares, and breakdowns of the product markets are determined using secondary sources and verified through primary sources. All possible parameters that affect the market are covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and present in this report.

The prominent players in the global eye glasses market are CooperVision (US), Essilor International S.A. (France), Carl Zeiss Meditec (Germany), Oakley, Inc. (US), Luxottica Group (Italy), Indo Optical S.L.U. (Spain), Hoya Corporation (Japan), Bausch + Lomb (US), Safilo Group S.p.A. (Italy), and TEK Optical Inc. (Canada).

Target Audience

-Eye glass manufacturers
-Suppliers and distributors of eye glass lenses
-Original Equipment Manufacturers (OEMs)
-Ophthalmologists
-Healthcare service providers (including hospitals, independent physicians, and private eye care centers)
-Medical institutes
-Health insurance players
-Research and consulting firms