Report ID: SQMIG35I2201
Report ID:
SQMIG35I2201 |
Region:
Global |
Published Date: September, 2024
Pages:
219
|
Tables:
125 |
Figures:
77
North America held the biggest market revenue share of 35.6% in 2023. The rising prevalence of chronic eye diseases, particularly AMD, diabetic retinopathy, glaucoma, and dehydrated eye syndrome, as well as increased awareness and availability of commercialized eye health supplements, are a few of the key factors contributing to North America's largest revenue share. Furthermore, a surge in new products for eye care supplements in the region is a major factor driving market expansion in North America.
Asia Pacific is expected to rise at a rapid pace all over the forecast period. Factors driving the market in the region include the presence of a significant number of local market participants offering innovative and cheap eye health supplements, as well as rising outsourcing hubs for eye health supplements such as China, India, and the Philippines. Furthermore, increased eye health consciousness is favorably boosting regional market growth. Furthermore, the rising prevalence of eye-related illnesses in Asian countries is likely to be a major market driver. According to an International Finance Corporation research, China is seeing a 6.0% growth in blindness cases per year, with the country housing roughly one-fifth of the world's blind population.
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Report ID: SQMIG35I2201