Vision Care Market Expected to Reach a Value of US$ 70.52 Billion by 2024
Eyes are a type of sensory organs which provide vision and help human beings to process visual details. It is essential to take care of the eyes as they are sensitive to trauma, inflammation and infection which can further result in blindness. Good vision plays a vital role in performing various activities such as writing, reading and watching TV among others. It also has a significant effect on the several abilities of a person which include developmental learning, communication and work. Poor vision can impact the day-to-day life of an individual and can also give rise to the symptoms of depression and anxiety. A new research report by IMARC Group, titled “ Vision Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, estimates that the global vision care market was worth US$ 58.83 Billion in 2018. The report further anticipates the market to reach a value of US$ 70.52 Billion by 2024, at a projected CAGR of around 2.96% during 2019-2024.