Description
Global Eyewear Accessories in Healthcare Market: Market Overview
The Eyewear Accessories in Healthcare Market size was USD 6.1 billion in 2022. The COVID-19 pandemic has had a notable impact on the eyewear accessories market within the healthcare sector. As health and safety concerns gained prominence, there was an increased focus on eyewear hygiene and maintenance.
Consumers sought accessories such as antimicrobial cleaning solutions and contactless storage solutions to address infection prevention measures. Between 2023 and 2031, the market is projected to grow at a CAGR of 4.5%, from USD 6.37 billion in 2023 to USD 9.07 billion in 2031. The sudden rise in CAGR is attributed to this market growth returning to the pre-pandemic level once the pandemic is over.
Global Eyewear Accessories in Healthcare Market: Market Scope and Definition
The eyewear accessories market in healthcare encompasses a range of products designed to enhance the functionality, comfort, and hygiene of eyewear used in medical and healthcare settings. These accessories are specifically tailored to meet the unique needs of healthcare professionals, patients, and individuals who wear eyewear for medical purposes.
The eyewear accessories market in healthcare serves a wide range of stakeholders, including healthcare providers, medical professionals, patients, and individuals who require specialized eyewear for medical purposes. The market is driven by the need for enhanced functionality, safety, and hygiene in healthcare settings, as well as the growing awareness of the importance of eye protection.
The scope of the eyewear accessories market in healthcare is diverse and includes various products that cater to different aspects of eyewear usage. Eyewear retainers and straps are used to secure eyeglasses, safety glasses, or goggles during medical procedures or activities that require physical movement. They help prevent eyewear from falling or slipping off, ensuring a secure fit and reducing the risk of accidents or contamination.
Anti-fog solutions are applied to eyewear lenses to prevent fogging caused by temperature changes or humidity. In healthcare settings, where proper visibility is crucial, anti-fog solutions help maintain clear vision and prevent obstruction during procedures or examinations. For instance,
In June 2022 Silhouette International Schmied AG, an Austrian eyewear manufacturer, launches a new collection of eyewear made from recycled materials. This launch reflects the growing demand for sustainable eyewear products.
Global Eyewear Accessories in Healthcare Market: Market Drivers
Increased Vision Correction Needs Drives the Market Growth
The surge in increased vision correction needs has significantly influenced the dynamics of the eyewear accessories market within the healthcare sector. With a growing global population grappling with vision-related issues such as myopia, hyperopia, and presbyopia, there is a parallel rise in the demand for vision correction solutions, including prescription glasses and contact lenses. This upswing in corrective eyewear usage naturally extends to the necessity for associated accessories.
Consumers now seek not only effective vision correction but also the means to maintain, protect, and personalize their eyewear. Consequently, the market witnesses a heightened demand for cleaning solutions, lens maintenance kits, storage cases, and replacement parts.
As individuals become more reliant on corrective eyewear to address their visual impairments, the importance of eyewear accessories as essential companions in the realm of eye health and vision enhancement becomes increasingly pronounced. This trend is expected to persist as vision correction needs continue to grow, influencing the innovation and diversification of eyewear accessories to meet the evolving requirements of a diverse and expanding consumer base.
Expansion of Healthcare Retail is One of the Key Drivers of the Eyewear Accessories in Healthcare Market
The expansion of healthcare retail has emerged as a noteworthy factor shaping the landscape of the eyewear accessories market within the healthcare sector. With a strategic integration of optical departments within hospitals, clinics, and healthcare facilities, consumers now have increased accessibility to a wide array of eyewear accessories. This shift represents a broader recognition within the healthcare industry of the complementary role that accessories play in supporting eye health and vision correction. As healthcare institutions diversify their offerings to include not only prescription eyewear but also associated accessories, consumers benefit from the convenience of a one-stop solution for their vision-related needs.
In March EssilorLuxottica, the world’s largest eyecare company, launches Eye Protect 360, a new range of eyewear designed to protect against the harmful effects of blue light emitted from digital devices. This launch reflects the growing concern about the impact of blue light on eye health.
This expansion enhances the overall patient experience, providing a seamless transition from eye examinations to the selection of eyewear and the purchase of essential accessories like cleaning solutions, storage cases, and replacement parts. The healthcare retail trend not only addresses the immediate vision correction requirements of patients but also underscores the importance of comprehensive eye care, fostering a holistic approach that extends beyond eyewear to include the essential accessories that contribute to eye health and overall well-being.
Global Eyewear Accessories in Healthcare Market: Market Trends
Rise in Blue Light Blocking Accessories is a Significant Trend in the Eyewear Accessories in Healthcare Market
The surge in blue light blocking accessories underscores a significant trend influenced by the modern lifestyle characterized by increased screen time. This phenomenon is particularly pronounced with the rise of remote work and the pervasive use of digital devices in daily life. To address concerns related to prolonged exposure to digital screens and its potential impact on eye health, there has been a notable uptick in the demand for eyewear accessories designed to mitigate the effects of blue light. Cleaning cloths infused with blue light blocking coatings and specialized cases crafted to reduce blue light exposure during storage have gained widespread popularity.
In January Luxottica Group, the world’s largest eyewear company, acquires EyeBuyDirect, a leading online retailer of prescription eyewear, for $2.4 billion. This acquisition strengthens Luxottica’s position in the growing e-commerce eyewear market.
These accessories cater to a growing awareness among consumers about the potential disruptions to sleep patterns and eye strain caused by prolonged exposure to blue light emitted by screens. As individuals continue to rely on digital devices for work, entertainment, and communication, the trend of integrating blue light blocking features into eyewear accessories is poised to persist, reflecting an industry response to evolving health and wellness considerations in the digital age.
Global Eyewear Accessories in Healthcare Market: Market Restraining Factors
Consumer Resistance to Change is a Restraining Factor in the Eyewear Accessories in Healthcare Market
Consumer resistance to change represents a notable restraint in the eyewear accessories market within the healthcare sector. Established habits and routines regarding eyewear care and maintenance can be deeply ingrained, leading to a reluctance among consumers to embrace new accessories or alter their traditional practices. This resistance may manifest in various forms, such as hesitation to adopt innovative cleaning solutions, skepticism towards the efficacy of certain materials, or a preference for familiar storage methods.
Convincing consumers to shift from conventional accessories to newer, potentially more advanced options may require effective communication regarding the practical benefits and added value that these accessories bring. Overcoming this resistance necessitates strategies that emphasize the ease of integration into existing routines and highlight the tangible advantages in terms of eye health, convenience, or enhanced durability. As the market evolves with the introduction of novel accessories, addressing consumer resistance becomes a pivotal challenge, influencing the success of innovative products in this dynamic and competitive landscape.
Global Eyewear Accessories in Healthcare Market: Segmentation Analysis
The market scope is segmented on the basis of by type of type of accessories, by material type, by end-users, by distribution channels, and by region.
By Type of Accessories
Based on type of accessories seals the market is segmented into Cleaning and Maintenance Accessories, Storage and Cases, Replacement Parts, Chains and Holders, and Anti-fog Solutions.
- Cleaning and Maintenance Accessories: Cleaning and maintenance accessories play a crucial role in the eyewear accessories market within the healthcare sector, addressing the fundamental need for maintaining the clarity, hygiene, and longevity of eyewear. This category encompasses a range of products designed to keep eyeglasses and sunglasses in optimal condition.
- Storage and Cases: Storage and cases constitute a vital segment within the eyewear accessories market in the healthcare sector, providing essential solutions for safeguarding eyeglasses and sunglasses. These accessories serve a dual purpose, offering both protection and portability for various types of eyewear. Eyeglass cases are designed to shield eyewear from scratches, impacts, and environmental elements, ensuring the longevity of lenses and frames. Contact lens cases, another subset of storage accessories, provide a hygienic and secure environment for storing contact lenses when not in use.
By Material Type
Based on the material type of the market is segmented into Leather Accessories, Plastic and Silicone Parts, Metal Accessories.
- Leather Accessories: Leather accessories in the eyewear segment of the healthcare market exemplify a blend of style, durability, and functionality. Eyeglass cases, crafted from high-quality leather, provide a sophisticated and protective housing for eyewear, combining aesthetics with practicality. These cases often feature soft interiors to prevent scratches and maintain the pristine condition of lenses.
- Plastic and Silicone Parts: Plastic and silicone parts constitute a fundamental category within the eyewear accessories market in the healthcare sector, providing essential components for comfort, functionality, and customization. Nose pads, commonly made from soft silicone, play a critical role in ensuring a comfortable fit for eyeglasses, preventing discomfort and marks on the wearer’s nose.
By End User
Based on the end user of the market is segmented into Individual Consumers, Healthcare Facilities, Sports and Outdoor Enthusiasts.
- Individual Consumers: Individual consumers represent a significant demographic within the eyewear accessories market in the healthcare sector. This segment comprises individuals who wear prescription glasses or sunglasses for vision correction or sun protection on a personal basis.
- Healthcare Facilities: Healthcare facilities form a crucial market segment in the eyewear accessories sector, offering a unique channel for individuals to access essential eyewear care products. Hospitals, clinics, and optical centers within healthcare institutions provide a convenient avenue for patients to purchase or obtain eyewear accessories.
By Distribution Channels
Based on the Distribution Channels of the market is segmented into Retail Stores, Online Retail, Sports and Outdoor Stores.
- Retail Stores: Retail stores play a pivotal role in the eyewear accessories market within the healthcare sector, serving as primary outlets for consumers to explore and purchase a diverse range of eyewear care products.
- Online Retail: Online retail has emerged as a dynamic and influential segment in the eyewear accessories market within the healthcare sector. E-commerce platforms provide consumers with a convenient and extensive marketplace to explore, compare, and purchase a diverse array of eyewear accessories.
Global Eyewear Accessories in Healthcare Market: Regional Snapshots
North America is expected to be the largest market for eyewear accessories, accounting for approximately 35% of the global market in 2022. This is due to the high prevalence of eye diseases, the increasing adoption of protective eyewear, and the strong presence of eyewear brands in the region.
In April, Marchon Eyewear, a leading eyewear distributor, acquires a majority stake in Modo Eyewear, an American eyewear designer and manufacturer. This acquisition strengthens Marchon’s position in the luxury eyewear segment.
Europe is expected to be the second-largest market, accounting for approximately 30% of the global market in 2022. This is due to the high prevalence of eye diseases, the growing demand for fashionable eyewear accessories, and the strong presence of luxury eyewear brands in the region.
In March, Luxottica Group, the world’s largest eyewear company, launches a new line of eyewear for children that incorporates augmented reality (AR) technology, highlighting the potential of AR technology to enhance learning and entertainment for children.
Asia Pacific is expected to be the fastest-growing market, with a CAGR of 6.2% from 2023 to 2031. This is due to the increasing disposable income, the growing prevalence of eye diseases, and the increasing demand for fashionable eyewear accessories in the region.
Global Eyewear Accessories in Healthcare Market: List of Companies Profiled
- Luxottica Group S.p.A. (Italy)
- Safilo Group S.p.A. (Italy)
- Kering S.A. (France)
- EssilorLuxottica S.A. (France)
- Marchon Eyewear, Inc. (U.S.)
- Charmant Group, Inc. (Japan)
- Tropic Bay Brands, LLC (U.S.)
- FosterGrant, Inc. (U.S.)
- Silhouette International Schmied AG (Austria)
- Modo Eyewear, Inc. (U.S.)
Global Eyewear Accessories in Healthcare Market: Key Industry Developments
- In January 2022, Modo Eyewear, an American eyewear designer and manufacturer, announces a partnership with the American Optometric Association (AOA) to promote the importance of eye health and protective eyewear. This partnership highlights the growing collaboration between eyewear companies and eyecare professionals.
- In March 2022, EssilorLuxottica acquires GrandVision, a leading optical retailer, for $7.2 billion. This acquisition creates a global eyecare powerhouse with a strong presence in retail, manufacturing, and eyecare services.
- In September 2022, Luxottica Group launches a new line of eyewear for children that incorporates augmented reality (AR) technology. This launch highlights the potential of AR technology to enhance learning and entertainment for children.
- In February 2021, Marchon Eyewear, a leading eyewear distributor, acquires Tropic Bay Brands, a manufacturer of sunglasses and accessories, for $575 million. This acquisition expands Marchon’s portfolio of eyewear brands and strengthens its presence in the beach and lifestyle segment.
Global Eyewear Accessories in Healthcare Market: Report Coverage
The report will cover the qualitative and quantitative data on the global Eyewear Accessories in Healthcare Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
