Eyewear Global Market Report 2023 – By Product (Contact Lenses, Spectacles, Sunglasses), By Gender (Men, Women, Unisex), By Distribution Channel (Optical Stores, Independent Brand Showrooms, Online Stores, Retail Stores) – Market Size, Trends, And Global Forecast 2023-2032 

Vision care devices and equipment are used to treat eye vision problems. The main types of vision care devices and equipment are intraocular lenses, ophthalmic lasers, glaucoma drainage devices, and others. The main types of vision care devices and equipment are intraocular lenses, ophthalmic lasers, glaucoma drainage devices, contact lenses, and others. An intraocular lens is an artificial replacement for the lens of the eye. The various application of vision care devices and equipment are vision care, diagnosis, and surgery that are used by various end-users such as hospitals, ambulatory surgery centres, optical centres, and others. The global vision care devices and equipment market is segmented - 1) By Type: Intraocular Lens, Ophthalmic Lasers, Glaucoma Drainage Devices, Contact Lenses, Other Types 2) By Aplication: Vision Care, Diagnosis, Surgery 3) By End User: Hospitals, Ambulatory Surgery Centers, Optical Centers, Other End users The global vision care devices and equipment market size will grow from $27.1 billion in 2022 to $29.24 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the vision care devices and equipment is expected to grow to $38.1 billion in 2027 at a CAGR of 6.8%. Major players in the vision care devices and equipment market are Essilor, Johnson & Johnson, ZEISS, The Cooper Companies, Novartis, Bausch & Lomb, Nidek Co. Ltd., Valeant Pharmaceuticals, Luxottica GROUP, and Escalon. The rising use of electronic devices is a continuous driver for the growth of the vision care devices and equipment market. Usage of laptops, mobiles, PCs, and other electronic devices has increased in day-to-day life, which is the major factor responsible for eye-related problems. According to a survey by Deloitte, Americans collectively check their phones over 8 billion times per day. On average, every person spends about five hours daily browsing the internet and using apps. Lack of awareness among people regarding eye diseases including glaucoma, macular degeneration, and others affects the market growth of the vision care devices and equipment market. According to a study in the USA, around one-third of survey respondents are not aware of glaucoma, more than half were unaware of macular degeneration, and one-fourth of survey respondents were not aware of any eye conditions. Technological advancement in vision care devices has transformed eye care. Vision technology has witnessed some great scientific breakthroughs and innovations in the past few years and these advances are rapidly changing the future of those with chronic eye conditions. The innovation includes DriveSafe lenses with anti-glare coating to help with poor driving conditions, photochromic contact lenses that block the sun's harmful UV rays, and blue light blocking glasses among others. Major companies such as Johnson & Johnson Vision have invested in adaptive lenses. In the USA, eyeglass frames and prescription lenses are regulated by FDA. These are classified as class 1 medical devices. These devices are exempt from filing a premarket notification application, and FDA clearance before marketing a Class 1 device in the United States. Due to this prescription eyeglasses sold via the internet are still considered an FDA-regulated product. In European Union (EU) medical devices including contact lenses are regulated by European Commission (EC). The EC works in close conjunction with each country ('Member State) respected Health Authorities to integrate the various national requirements into a single law that could be rolled out and applied across the EU. The EU region is set to roll out new medical device regulations (MDR) in 2020, under which the contact lenses are included. These new regulations shed light on the importance of prioritizing safety and efficacy before achieving marketing approval, and on transparency of device information. These new EU regulations will have an impact on contact lens approvals in Europe. North America was the largest region in global vision care devices and equipment market in 2022. Asia-Pacific was the second-largest region in the vision care devices and equipment market share. The regions covered in global vision care devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vision care devices and equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The vision care devices and equipment market consist of sales of equipment such as vitrector, Phoropter, VT 1 vision screener, contact lenses and spectacles and others that are used for proper diagnosis and treating vision of an eye. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vision care devices and equipment market research report is one of a series of new reports from The Business Research Company that provides vision care devices and equipment market statistics, including vision care devices and equipment industry global market size, regional shares, competitors with a vision care devices and equipment market share, detailed vision care devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the vision care devices and equipment industry. This vision care devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Optical instruments and lens refer to the devices that process light waves to enhance an image for a more clear view. The use of optical instruments, such as a magnifying lens or any complicated device like a microscope or telescope, usually makes things bigger and helps us see in a more detailed manner. The main products of optical instruments and lenses are binoculars, microscopes (except electron, proton), telescopes, and other products. Binoculars refer to the optical instruments, handheld, for providing a magnified stereoscopic view of distant objects. The categories are optical instruments and interchangeable camera lenses. The various applications involved are medical, astronomy, commercial, defense, and other applications. The global optical instrument and lens market is segmented - 1) By Product: Binoculars, Microscopes (Except Electron, Proton), Telescopes, Other Products 2) By Category: Optical Instruments, Interchangeable Camera Lenses 3) By Application: Medical, Astronomy, Commercial, Defense, Other Applications The global optical instrument and lens market size will grow from $48.62 billion in 2022 to $51.23 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global optical instrument and lens is expected to grow from $60.85 billion in 2027 at a CAGR of 4.4%. Global demand for optical instruments and lenses from the medical sector has contributed to the growth of the optical instrument and lens market. Medical optics, which is used in endoscopy among others have been and will continue to be a proven technology to further the advancement of medicine. According to a national survey of sedation for gastrointestinal endoscopy in 2758 Chinese hospitals, the number of gastrointestinal endoscopy surgery (GIES) in China was high and due to growth in the aging population, it is expected to reach 51 million by 2030. GI endoscopy uses optical fibers and a camera to produce inside images of the body for better diagnosis. Moreover, most medical practitioners are using these instruments for reducing the number of incisions on the body. The increase in the use of medical optics to cut down incisions over the body contributed to the growth of the optical instrument and lens market. Major players in the optical instrument and lens market are Sunny Optical Technology Company Limited, Canon Inc., II-VI Incorporated, Largan Precision Company Limited, Fujifilm Corporation, 3M Company, Asia Optical Co. Inc., Tamron Co. Ltd., Nikon Corp., and Hoya Corporation. The higher cost of optical instruments such as telescopes and microscopes has always been a major challenge in the optical instrument and lens industry. The higher price of optical instruments used instruments such as telescopes, binoculars, and microscopes will increase the prices of the end product. For instance, the cost of a refractor telescope ranges from $200 to $1,500 or higher. The highest price accessible on the market goes to a catadioptric telescope is around $5,000. Moreover, the cost to build a giant telescope in Hawaii is estimated to have increased to $2.4 billion in 2020. The high costs of optical instruments are limiting their widespread adoption across research labs and institutes with budget constraints. In June 2021, Orion Telescopes & Binoculars, a US-based online and in-store retailer of telescopes, binoculars, and accessories acquired Meade for an undisclosed amount. Through this acquisition, Orion Telescopes & Binoculars gained a Meade brand of products, which would help them in better serve authorized retailers and suppliers. Meade is a US-based manufacturing company engaged in providing telescopes and accessories for astronomers. The company specialized in providing solar telescopes, microscopes, optics, binoculars, cameras, and other accessories. The launch of new products is a key trend gaining popularity in the optical instrument and lens market. Companies in the market are focusing on the launch of new products to improve their product portfolio and strengthen their market position. For example, in November 2022, Oxford Instruments Andor, a UK based company engaged in offering scientific imaging solutions, announced the launch of Dragonfly 600, to further strengthen its confocal microscopy portfolio. Dragonfly 600 has a new total internal reflection fluorescence (TIRF) modality, high-power laser engine, and a unique design of 3D (three dimensional) super-resolution module which retains parfocality across all imaging modes. Asia-Pacific was the largest region in the optical instrument and lens market in 2022. Western Europe was the second-largest region in the optical instrument and lens market report. The regions covered in the optical instrument and lens industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the optical instrument and lens market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The optical instrument and lens market consists of sales of roof prism, porro prism, and monoculars. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The optical instrument and lens market research report is one of a series of new reports from The Business Research Company that provides optical instrument and lens market statistics, including optical instrument and lens industry global market size, regional shares, competitors with optical instrument and lens market share, detailed optical instrument and lens market segments, market trends and opportunities, and any further data you may need to thrive in the optical instrument and lens industry. This optical instrument and lens market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ocular implants are used to improve eye vision of a person. These implants help improve the fixing sight of people who have lost an eye to injury or disease, commonly called a glass eye, made up of hard plastic acrylic. The prosthetic eye has a shell form, consisting of a clear, artificial lens implant, used to replace a cloudy natural lens in cataract surgery. The main types of products in ocular implants are intraocular lens, corneal implants, orbital implants, glaucoma implants and others. The intraocular lens are made from chemicals or artificial substances such as clear plastic, silicone, or acrylic. It bends (refracts) light rays that enter the eye, helping one to see. They are coated with a special material that can help to protect your eyes from the harmful ultraviolet rays emitted by the sun. These ocular implants are used in glaucoma surgery, diabetic retinopathy and age-related macular degeneration by end-user such as specialty eye institutes, hospitals and clinics. The global ocular implants market is segmented - 1) By Product: Intraocular Lens, Corneal Implants, Orbital Implants, Glaucoma Implants, Other Products 2) By Application: Glaucoma Surgery, Diabetic Retinopathy, Age-Related Macular Degeneration 3) By End-User: Specialty Eye Institutes, Hospitals, Clinics The global ocular implants market size grew from $12.03 billion in 2022 to $12.98 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the ocular implants market is expected to grow to $17.66 billion in 2027 at a CAGR of 8.0%. The increase in prevalence of eye disorders across the world is going to be a major driver in the growth of the ocular implants market. The foremost common eye disorders within the U.S. Isis refractive errors. For instance, in 2022 in line with American Academy of Ophthalmology (AAO) offer statistics on the prevalence of visual defect because of eye disorders by ethnicity yet because the breakdown of individuals who are legally blind thanks to eye diseases or eye disorders by grouping. Within the united statesUnited States alone, about 12 million people ageaged 40 and above suffer from vision impairment, with about a million full of blindness globally, the similar reports about 2.2 billion individuals have eye and visual disorders, according to the world health organization. Hence, the rising prevention of eye disorders, is anticipated more demand for ocular implants increasing prevalence of eye disorders like cataract and glaucoma is to fuel the demand for ocular implants. Major players in the ocular implants market are Alcon Inc., Bausch & Lomb Inc., Carl Zeiss AG, ZEISS International, STAAR Surgical Company, Morcher GmbH, Hoya Corporation, and Glaukos Corporation. Technological advancements and innovations has been a key trend gaining popularity in the ocular implants market. Technological advancements are the discovery of knowledge that helps in developing products using advanced technology. Major companies operating in the ocular implants market are focused on developing new technological solutions to meet customer demand and make ocular implants more advanced. For instance, In July 2021, ZEISS, a Germany-based manufacturer of optical systems and optoelectronics, introduced the ZEISS Medical Ecosystem. The ZEISS Medical Ecosystem is an entirely integrated setting that uses various tools for data management, apps, and services to enhance patient outcomes continuously. This ecosystem's unique combination of unmatched ocular knowledge and cutting-edge digital technology makes it possible to make decisions based on the best available data, ensuring the most effective treatment delivery on a single, secure platform. in 2019 France based bioelectronics and brain-machine interface technology company PIXIUM VISION recently introduced PRIMA System artificial eye technology that partially replaces the normal physiological functioning of the photoreceptors of the eye, with a mini camera mounted on the glasses that captures visual scenes in the environment, which gets processed and simplified by the pocket computer, in order to extract meaningful information from the photos, using artificial intelligence breakthrough algorithms. In patients, 36 months after implantation, the PRIMA implant was well tolerated and safe. These observations are in line with Vitro reliability studies that showed the implants to be 100% reliable with the pixels reliability of over 90%, for over the past 20 years. In August 2021, Alcon, a Switzerland-based medical company offering dedicated eye care, announced acquisition of Ivantis®, $475 million in cash up front. The aim of this acquisition demonstrates Alcon's commitment to the surgical glaucoma market, bolstering the company's industry-leading portfolio in cataract, refractive, retina, and glaucoma. Ivantis® is a US-based company the developing and manufacturing the Hydrus® Microstent, a novel minimally invasive glaucoma surgery (MIGS) device the designed to lower intraocular pressure in open-angle glaucoma patients during cataract surgery. North America was the largest region in the ocular implants market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ocular implants market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ocular implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The ocular implants market consists of sales ofmonofocal lens, toric lens, multifocal and accommodating lenses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ocular implants market research report is one of a series of new reports from The Business Research Company that provides ocular implants market statistics, including ocular implants industry global market size, regional shares, competitors with a ocular implants market share, detailed ocular implants market segments, market trends and opportunities, and any further data you may need to thrive in the ocular implants industry. This ocular implants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Eyewear refers to devices and accessories worn on the eyes to protect or improve the vision or eyesight. Eyewear is also used as an accessory for fashion or beautification. Spectacles, sunglasses, goggles, and contact lenses are some of the most commonly used eyewear. The main products of eyewear include contact lenses, spectacles, and sunglasses. They are widely available in men, women, and unisex variants. These are distributed through optical stores, independent brand showrooms, online stores, and retail stores. The global eyewear market is segmented - 1) By Product: Contact Lenses, Spectacles, Sunglasses 2) By Gender: Men, Women, Unisex 3) By Distribution Channel: Optical Stores, Independent Brand Showrooms, Online Stores, Retail Stores The global eyewear market size grew from $129.77 billion in 2022 to $139.88 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global eyewear is expected to grow to $188.25 billion in 2027 at a CAGR of 7.7%. The increasing cases of deteriorating eye health are driving the growth of the eyewear market. Eye deterioration refers to losing the ability to see clearly or the emergence of some defects in the eyes. The most prevalent causes of eye deterioration include age-related macular degeneration, cataract, diabetic retinopathy, glaucoma, and prolonged screen usage. The increasing prevalence of eye deterioration will drive significant demand for eyewear as it helps in correcting eye disorders and helps in gaining clear vision. For instance, according to a news release in October 2021 by the World Health Organization (WHO), at least 1 billion people worldwide have near or distant visual impairment that could be prevented or has yet to be addressed. Vision impairment majorly affects people over the age of 50 and the leading causes are untreated cataracts and uncorrected refractive error. Therefore, the increasing cases of deteriorating eye health is expected to boost demand for eyewear during forecast period. Major players in the eyewear market are Luxottica Group SpA, Essilor International, Zeiss International, Johnson & Johnson Vision Care Inc., Bausch & Lomb Inc., Marchon Eyewear Inc., Fielmann AG, HOYA Corporation, De Rigo SpA, Alcon Vision LLC, GKB Opticals Limited, Titan Company Limited, Lenskart Solutions Private Limited, Ronak Optik Private Limited, Prada SpA, and Rayban Sun Optics India Private Limited. Technological advancement is a key trend gaining popularity in the eyewear market. Technological advancements in eyewear such as smart glasses are gaining traction in the market. Smart glass refers to a gadget that places a computer screen/display in front of a person's eyes using appropriate technology to convey data from a background information system. The display can be shown/reflected on the lens of glasses or delivered to the eyesight as a separate component. The smart glasses also come with other smart features such as Bluetooth connectivity, open ear speakers, a fitness tracker, and others. These have a modular design and provide functionalities for convenience and ease for users. The key market players are focusing on offering smart glasses to strengthen their market position. For instance, in January 2022, Titan, an Indian luxury products company introduced its new smart glasses Titan EyeX. Open-ear speakers, touch controls, and fitness tracking systems are the intriguing features of Titan EyeX smart glasses. The Bluetooth v5.2-enabled wearable is compatible with Android and iOS smartphones. The product also includes an inbuilt fitness tracker and is dust and water-resistant. The smart glasses' open-ear speakers also enable voice navigation and warnings during heavy use. In March 2022, Kering Eyewear, an Italy-based luxury eyewear company announced an agreement to acquire Maui Jim Inc for an undisclosed amount. This acquisition is seen as a significant milestone in the company's overall expansion plan, which intends to solidify the label as a prominent high-end eyewear brand. Maui Jim Inc is a US-based sunglasses manufacturing company. North America was the largest region in the eyewear market in 2022. Asia-Pacific is expected to be the fastest-growing region in the eyewear market during the forecast period. The regions covered in global eyewear market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the eyewear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The eyewear market consists of sales of goggles and blindfolds. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The eyewear market research report is one of a series of new reports from The Business Research Company that provides eyewear market statistics, including eyewear industry global market size, regional shares, competitors with an eyewear market share, detailed eyewear market segments, market trends and opportunities, and any further data you may need to thrive in the eyewear industry. This eyewear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Sunglasses are glasses with tinted or colored glasses which protect the eyes from sunlight. It helps to eliminate harmful effects on the eyelid, cornea, lens, and retina. Additionally, patients are advised to use sunglasses after some surgical procedures. The main types of sunglasses include non-polarized and polarized. The non-polarized sunglasses refer to sunglasses that are coated with anti-reflecting lenses which allow a person to see into the sky and underwater better than polarized sunglasses. It treats day and night the same and it is used for driving, hiking, golfing, fishing, and any other outdoor activity where glare is a major concern. Non-polarized sunglasses do not block all light the way that polarized sunglasses do. The different designs in sunglasses include aviator/pilot, rectangle, round, square, oval, cat eye, and others. The different types of frames in sunglasses include injected, metal, acetate, and others, and they are distributed through specialty stores, supermarkets & hypermarkets, online, and others. The global sunglasses market is segmented - 1) By Type: Non-Polarized, Polarized 2) By Design: Aviator/Pilot, Rectangle, Round, Square, Oval, Cat Eye, Other Designs 3) By Frame Metal: Injected, Metal, Acetate, Other Frame Metals 4) By Distribution Channel: Specialty Stores, Supermarkets & Hypermarkets, Online, Other Distribution Channels The global sunglasses market size grew from $15.54 billion in 2022 to $16.47 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global sunglasses market is expected to grow to $20.63 billion in 2027 at a CAGR of 5.8%. The growing popularity of sunglasses as a fashion product is expected to propel the growth of the sunglasses market. The rise of consumer preference for well-designed and quality products to elevate their outfit and style has boosted the demand for sunglasses. Sunglasses bring instant symmetry to customers’ faces, which increases the perception of their natural beauty. For instance, according to a report published by a nonprofit trade association for manufacturers and suppliers of the optical industry in the USA, The Vision Council in 2021, a whopping 85% of the world’s adult population reports wearing sunglasses, and they mostly use them for sun protection, and some use it as prescription sunglasses with corrective lenses. Therefore, the growing popularity of sunglasses as a fashion product is driving the growth of the sunglasses market. Major players in the sunglasses market are Fielmann AG, Marcolin S.p.A. (Marcolin Group), De Rigo Vision S.p.A., Stylrite Optical Industries, Eyevan Inc., Marchon Eyewear, EssilorLuxottica, Luxottica, Charmant, Randolph Engineering, Inc., Stylrite Optical Industries., Maui Jim, Inc., Revo, Xiamen Asa Sunglasses Co, Adidas AG, and Prada. Polarized sunglass-cum-face shield is a key trend gaining popularity in the sunglasses market. A polarized sunglasses-cum-face shield is a type of sunglass with a full-face shield including a polarized lens. A polarized lens is a type of lens that filters out light. The polarized protective face shield is equipped with UV protection that covers the entire face from eyes to chin providing complete protection. This development attempts to set a new fashion trend after the COVID-19 pandemic. For instance, in October 2021, ZGHYBD, a Japanese company launched polarized sunglasses-cum-face shields made with polycarbonate (PC) and is equipped with UV protection. It covers the entire face from eyes to chin and comes with anti-fog, windproof, and dustproof properties. In July 2021, Kering Eyewear, an Italy-based manufactures of luxury eyewear acquired Lindberg for an undisclosed amount. As part of the acquisition, Lindberg will become part of Kering Eyewear and works under Kering Group. This acquisition enables the expansion of Kering Eyewear and perfectly fits with its development strategy with the addition of Lindberg’s portfolio and brand. Lindberg is a Danish-based family-owned eyewear brand that specializes in handmade titanium glasses. North America was the largest region in the sunglasses market in 2022 and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the global sunglasses market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the sunglasses market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The sunglasses market consists of sales of Photochromic glasses, Blue lense glasses, and Anti-reflective lenses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The sunglasses market research report is one of a series of new reports from The Business Research Company that provides sunglasses market statistics, including sunglasses industry global market size, regional shares, competitors with a sunglasses market share, detailed sunglasses market segments, market trends and opportunities, and any further data you may need to thrive in the sunglasses industry. This sunglasses market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Trocars are sharp-pointed surgical devices that puncture a bodily cavity and offer intra-abdominal access when used with a cannula. It is a type of instrument used in surgeries to insert various surgical implements into blood vessels and to allow the escape of gas and fluid from body organs. The main types of products in trocars are disposable trocars, reposable trocars, reusable trocars, and accessories. The disposable trocars can be used only once which is for single use and then discarded. Disposable trocars typically have valve designs that enable instrumentation to pass through easily and safety mechanisms that minimize the likelihood of visceral injury from the trocar point. The different types of tips include bladeless trocars, optical trocars, bladed trocars, blunt trocars and are used in general surgery, gynecological surgery, urological surgery, bariatric surgery, others. The global trocars market is segmented - 1) By Product: Disposable Trocars, Reposable Trocars, Reusable Trocars, Accessories 2) By Tip: Bladeless Trocars, Optical Trocars, Bladed Trocars, Blunt Trocars 3) By Application: General Surgery, Gynaecological Surgery, Urological Surgery, Bariatric Surgery, Other Applications The global trocars market size grew from $0.7 billion in 2022 to $0.77 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global trocars is expected to grow to $1.1 billion in 2027 at a CAGR of 9.5%. The increase in ageing population is expected to increase the prevalence of age-related ailments thus contributing to the growth of the trocars market over coming years. The elderly population is increasing rapidly across the world, and it is expected to continue over the forecast period. Several routine surgical procedures are being gradually replaced by laparoscopic techniques in the older population. During laparoscopic surgery, trocars are inserted through the abdomen to cause minimal invasion to the patient. For instance, according to the United Nations Department of Economic and Social Affairs' September 2020 report, the population over 65 is expected to increase from 9.3% in 2020 to about 16.0% in 2050. Additionally, according to a World Health Organization factsheet issued in October 2021, 1.4 billion people over the age of 60 will live on the planet by 2030, up from 1 billion in 2020. Therefore, the increasing aging population drives the growth of the trocars market. Major players in the trocars market are Johnson & Johnson Medical Devices, B. Braun Melsungen AG, Medtronic, Teleflex Incorporated, CooperSurgical Inc., CONMED Corporation, Applied Medical Resources Corporation, LaproSurge, Purple Surgical, Unimax medical systems Inc., and Olympus Corporation. The growing technological advancements are shaping the trocars market. The companies in the market are increasingly investing in improving the technology of trocars, which reduces the scope of error and makes the procedure better. For instance, in March 2022, Dutch Ophthalmic Research Center (DORC), a Netherlands-based manufacturer of automated interferometers and inspection equipment, launched EVA NEXUS. With the introduction of EVA NEXUS, numerous advancements in surgical effectiveness and efficiency are made, including SmartIOP, which integrates with the current EquiPhaco technology for improved control in cataract surgery. It includes a revolutionary trocar cannula system called EVA AVETA. It includes a chamfered cannula for easier insertion, a laser-etched shaft for scleral retention, a push-fit connection, and a Hi-Flow infusion connection.  In March 2021, Vernacare, a UK-based infection prevention, and hygiene product manufacturer, acquired Robinson Healthcare for an undisclosed amount. The acquisition continues Vernacare’s buy and build strategy and increases the Group’s turnover to $167.5 million (£120m) annually. Robinson Healthcare is a UK-based company that manufactures single-use surgical instruments such as trocars, injection-molded single-use sterile devices, and steel-polymer composite devices. North America was the largest region in the trocars market in 2022. Europe was the second-largest region the in trocars market. The regions covered in the trocars market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the trocars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The trocars market consists of sales of Arthroscopic Trocars, Autosuture Trocars, Balloon Trocars, Bladed Trocars, Bladeless, Trocars, Blunt Tip Trocars, and Dilating Tip Trocars. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The trocars market research report is one of a series of new reports from The Business Research Company that provides trocars market statistics, including trocars industry global market size, regional shares, competitors with a trocars market share, detailed trocars market segments, market trends and opportunities, and any further data you may need to thrive in the trocars industry. This trocars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Orthopedic Biomaterials Market Definition

The orthopedic biomaterials manufacturing market consists of sales of orthopedic biomaterials by entities (organizations, sole traders, and partnerships) that manufacture orthopedic biomaterials that interact with human tissue and body fluids to treat, improve, or replace anatomical elements of the human body. Orthopedic biomaterials are natural or synthetic materials intended to be inserted in the human body, into a living tissue as a part of a medical procedure, usually along with a device. These orthopedic biomaterials may be biodegradable or non-biodegradable, and are used to support, enhance, or replace damaged tissue or a biological function without affecting the normal functions of the body. Orthopedic implants are fabricated from a wide variety of materials, including metals, polymers, ceramics, and their composites. An implant is expected to have some important mechanical and non-mechanical properties for use in the body. Mechanical properties such as hardness, tensile strength, elongation (strain), fracture resistance, and fatigue strength play an important role in biomaterial selection for application in the human body. Some non-mechanical requirements which have significant roles in the performance of the material in the human body are high corrosion resistance and biocompatibility to prevent rejection by the body.

Diagnostic And Monitoring Ophthalmic Devices And Equipment Market Definition

The diagnostic and monitoring ophthalmic devices and equipment market consists of sales of diagnostic and monitoring ophthalmic devices and equipment and related services by entities (organizations, sole traders and partnerships) that manufacture diagnostic and monitoring ophthalmic devices and equipment. The diagnostic and monitoring ophthalmic devices are used for the diagnosis and monitoring of diseases related to the retina and cornea by measuring affix lenses and refractive errors. These devices also help to identify the power of the intra ocular lens (IOLs) and analyze the visual field. These devices include ultrasound imaging systems, optical coherence tomography scanners, ophthalmoscopes, corneal topographers, specular microscopes, slit lamps, fundus cameras, anomaloscope, haploscope, ophthalmic lens gauge, stereopsis measuring Instrument, retinoscopes, stereoscope and others.