Categories: Wire Stories

Vietnam Eye Care Market Report 2022: Rising Incidences of Eye Infections and Diseases Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Vietnam Eye Care Market, By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, Others), By Coating (Anti-Glare, UV, Others), By Lens Material, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering.

Vietnam eye care market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the rising incidences of eye infections and diseases, creating a high demand for eye consultations. Besides, rising cases of diabetes among the geriatric population is also supporting the growth of the Vietnam eye care market. Most of the eye care products demand in Vietnam is met through imports and international companies entering the country’s healthcare industry.

Despite the government’s active investment in the industry, a lack of funding prevents the creation of technologically advanced medical care items. Hence, the overseas businesses and their cutting-edge goods are significant to the Vietnam eye care industry. Besides providing their products on the market, these multinational corporations have made sure to raise awareness and train technicians and ophthalmologists to ensure better sales of eye care items.

Products including contact lenses, eye drops, and other pharmaceutical and therapeutic goods have seen strong sales growth in recent years. With higher usage of electronic devices among the younger and adult population, which affects their eyesight, sales are expected to rise significantly, which could add to the market growth.

The Vietnam eye care market is segmented by product type, coating, lens material, distribution channel, competitional landscape, and regional distribution. Based on product type, the market is further segmented into eyeglasses, contact lens, intraocular lens, eye drops, eye vitamins, and others. The eyeglasses segment is expected to hold the largest share in the market during the forecast period, owing to the increasing instances of weaker eyesight among the population.

Key Target Audience:

Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

Vietnam Eye Care Market, By Product Type: