Report ID: UCMIG35B2060
Report ID:
UCMIG35B2060 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2021, the U.S. reading glasses market was valued at USD 14.31 billion, and it is expected to increase from USD 14.86 billion in 2022 to USD 21.21 billion by 2029, with a compound annual growth rate of 5.2% during the forecast period. Due to the global COVID-19 pandemic, the demand for reading glasses has been lower than expected in all regions compared to pre-pandemic levels. According to analysis, the U.S. reading glasses market decreased by -15.9% in 2020 as compared to 2019. One of the other key factors promoting the adoption rate of these glasses is the growing senior population. Another is the increasing attention of the top market participants on introducing sophisticated glasses to fill the supply demand gap.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for US Reading Glasses was estimated to be valued at US$ XX Mn in 2021.
The US Reading Glasses Market is estimated to grow at a CAGR of XX% by 2028.
The US Reading Glasses Market is segmented on the basis of Age Group, Corrective Strength, Type.
Based on region, the US Reading Glasses Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the US Reading Glasses Market are EssilorLuxottica (France), ZEISS International (Germany), SAFILO GROUP S.P.A. (Italy), HOYA Corporation (Japan), Hilco Vision (U.S.), ThinOptics, Inc. (U.S.), ZENNI OPTICAL, INC. (U.S.), GUNNAR Optiks (U.S.), Pixel Eyewear (U.S.), Swanwick (U.S.).
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Report ID: UCMIG35B2060