Age-related Vision Dysfunction Market Outlook, Trends And Future Opportunities (2024-2031)

Age-related Vision Dysfunction Market Outlook, Trends And Future Opportunities (2024-2031)

Age-related Vision Dysfunction Market, By Product Type (Ophthalmic Drugs (Anti-VEGF Drugs, Glaucoma Drugs, Dry Eye Drugs), Ophthalmic Devices (Intraocular Lenses, Cataract Surgery Devices, Glaucoma Devices, Vitreoretinal Devices)), By End-User (Hospitals, Ophthalmology Clinics, Ambulatory Surgical Centers, Others), By Application (Age-related Macular Degeneration, Cataract, Glaucoma, Diabetic Retinopathy, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others), Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) The report offers a comprehensive view of the market from supply as well as demand side to help take informed decisions.

  • Published On: Apr 2024
  • Author(s): Sagar Karlekar
  • Report ID: IDA114
  • Region: Global
  • Format: PDF/EXCEL

Table Of Contents:

  • Chapter 1. Research Methodology and Scope
    • Market Segmentation and Scope
    • Regional Coverage
    • Objectives
    • Research Methodology
  • Chapter 2. Executive Summary
    • Market Landscape
    • Market Size & Forecast
    • Competitive Landscape
  • Chapter 3. Age-related Vision Dysfunction Market: Ophthalmic Drugs Market Trends, Size, and Future Outlook
    • Ophthalmic Drugs Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Ophthalmic Drugs Definitions, Technology Landscape
    • Ophthalmic Drugs Market Drivers
      • Product Launches
      • Technology Launches
      • Rising prevalence of age-related eye diseases
      • Increasing geriatric population
    • Ophthalmic Drugs Market Restraints
      • High cost of advanced treatments
      • Reimbursement challenges for certain therapies
  • Chapter 4. Age-related Vision Dysfunction Market: Ophthalmic Devices Market Trends, Size, and Future Outlook
    • Ophthalmic Devices Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Ophthalmic Devices Definitions, Technology Landscape
    • Ophthalmic Devices Market Drivers
      • Technological advancements in diagnostics and surgical techniques
      • Growing demand for premium intraocular lenses
      • Increasing awareness and access to eye care
    • Ophthalmic Devices Market Restraints
      • Lack of access to eye care in developing regions
      • Complications associated with eye surgeries
  • Chapter 5. Age-related Vision Dysfunction Market: Application Trends, Size, and Future Outlook
    • Application Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Application Definitions, Technology Landscape
    • Application Market Drivers
      • Rising prevalence of age-related macular degeneration, cataracts, and glaucoma
      • Advancements in early disease detection
      • Growing awareness of age-related eye diseases
    • Application Market Restraints
      • High cost of specialized treatments
      • Limited treatment options for certain conditions
  • Chapter 6. Age-related Vision Dysfunction Market: Distribution Channel Trends, Size, and Future Outlook
    • Distribution Channel Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Distribution Channel Definitions, Technology Landscape
    • Distribution Channel Market Drivers
      • Expansion of online and direct-to-consumer channels
      • Improved access to eye care products and services
      • Increasing patient preference for convenience
    • Distribution Channel Market Restraints
      • Regulatory challenges for online sales of prescription products
      • Concerns about counterfeit or substandard products
  • Chapter 7. Age-related Vision Dysfunction Market: Regional Market Trends, Size, and Future Outlook
    • North America Age-related Vision Dysfunction Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • North America Definitions, Technology Landscape
    • North America Market Drivers
      • High prevalence of age-related eye diseases
      • Presence of leading market players
      • Robust healthcare infrastructure
    • North America Market Restraints
      • High cost of advanced treatments
      • Reimbursement challenges
    • Europe Age-related Vision Dysfunction Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Europe Definitions, Technology Landscape
    • Europe Market Drivers
      • Increasing geriatric population
      • Growing demand for premium intraocular lenses
      • Expansion of telemedicine services
    • Europe Market Restraints
      • Limited access to eye care in certain regions
      • Regulatory barriers for new product approvals
    • Asia Pacific Age-related Vision Dysfunction Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Asia Pacific Definitions, Technology Landscape
    • Asia Pacific Market Drivers
      • Rapidly aging population
      • Improving healthcare infrastructure
      • Rising awareness of eye health
    • Asia Pacific Market Restraints
      • Lack of skilled eye care professionals
      • Affordability challenges for advanced treatments
    • Latin America Age-related Vision Dysfunction Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Latin America Definitions, Technology Landscape
    • Latin America Market Drivers
      • Increasing prevalence of age-related eye diseases
      • Expanding private healthcare sector
      • Government initiatives to improve eye care access
    • Latin America Market Restraints
      • Limited healthcare coverage and reimbursement
      • Underdeveloped eye care infrastructure
    • Middle East & Africa Age-related Vision Dysfunction Market Size (US$), CAGR (%), and Forecast (2021-2031)
    • Middle East & Africa Definitions, Technology Landscape
    • Middle East & Africa Market Drivers
      • Rising geriatric population
      • Increasing awareness of eye health
      • Investments in healthcare modernization
    • Middle East & Africa Market Restraints
      • Lack of affordable eye care services
      • Regulatory and political instability
  • Age-related Vision Dysfunction Market: Competitive Landscape
    • Novartis AG
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Alcon Inc.
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Bausch Health Companies Inc.
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Johnson & Johnson Vision Care, Inc.
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Allergan plc (Acquired by AbbVie Inc.)
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Bayer AG
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Regeneron Pharmaceuticals, Inc.
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Genentech, Inc. (A Roche Group Company)
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Aerie Pharmaceuticals, Inc.
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Santen Pharmaceutical Co., Ltd.
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Topcon Corporation
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • ZEISS International
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Haag-Streit Group
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Ellex Medical Lasers Limited
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies
    • Nidek Co., Ltd.
      • Company Overview
      • Financial Outlook
      • Product Portfolio
      • Strategies

Research Methodology

  • Primary Research
  • Secondary Research
  • Assumptions
  • IDataAcumen Analysis
  • Paid Databases

Appendix

  • About Us

Frequently Asked Questions

The current market size of the Age-related Vision Dysfunction industry is US$ 74.8 billion.

The key factors contributing significantly to the growth of the Age-related Vision Dysfunction market include the rising geriatric population, the increasing prevalence of age-related eye diseases, technological advancements in diagnostics and treatments, and growing awareness and access to eye care.

The key factors hampering the growth of the Age-related Vision Dysfunction Market include the high cost of advanced eye care treatments, lack of access to eye care in developing regions, reimbursement challenges for certain therapies, and complications associated with eye surgeries.

The key factors driving the growth of the Age-related Vision Dysfunction Market include the rising geriatric population, the increasing prevalence of age-related eye diseases, technological advancements in diagnostics and treatments, and growing awareness and access to eye care.

The leading component segment in the Age-related Vision Dysfunction Market is the ophthalmic devices segment, particularly the intraocular lenses (IOLs) subsegment, which is growing rapidly due to the increasing prevalence of cataracts and the demand for premium IOL solutions.

The major players operating in the Age-related Vision Dysfunction Market include Novartis AG, Alcon Inc., Bausch Health Companies Inc., Johnson & Johnson Vision Care, Inc., Allergan plc (Acquired by AbbVie Inc.), Bayer AG, Regeneron Pharmaceuticals, Inc., Genentech, Inc. (A Roche Group Company), Aerie Pharmaceuticals, Inc., and Santen Pharmaceutical Co., Ltd.

The Age-related Vision Dysfunction Market is expected to grow at a CAGR of 6.8% from 2023 to 2030, reaching a market size of US$ 126.6 billion by 2030.

The key drivers of the Age-related Vision Dysfunction Market include the rising geriatric population, the increasing prevalence of age-related eye diseases, technological advancements in diagnostics and treatments, growing awareness and access to eye care, and the rising demand for advanced treatment options.