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The US Eyecare Industry Outlook To 2017 - Lenses Segment Continues To Maintain Its Dominance

 

During the period 2006-2012, the contact lenses contribution in the total eyecare market revenue has increased from ~% in 2006 to ~% in 2012. In 2007, the optical chain retail stores in the country made up ~% of the sunglass market. The revenue generated from refractive surgeries in the US retracted at a rate of ~% from 2006 at USD ~million to 2012. In 2011, 27.2 million adults were reported to be wearing OTC readers along with close to ~million unit sales.

 

The US ophthalmic lenses market was led by the French optics company, Essilor which generated nearly USD ~ million in 2011 contributing ~% to the total revenue of the US lenses segment. Carl Zeiss was next in line positioned as the second largest player in the lenses market with revenues of USD ~ million and market share of ~% in 2011.

 

In the technology driven market of contact lenses in the US which witnesses regular preference shifts on the part of the consumers, Johnson and Johnson's ACCUVUE contact lenses are the most preferred by the eye care patients in the US. Johnson and Johnson generated nearly USD ~ million accounting for ~% of the USD ~ million contact lenses market in 2011. The contact lens brand of the Novartis, CIBA Vision accounted for ~% of the total contact lens market in the US in 2011 earning USD ~ million.

 

Many Eye Care Practitioners are keeping up with the big chain retailers by interacting with their customers via the internet. They are accommodating their existing and prospective customers developing easy- navigate websites and online appointment booking services.

 

The retail segment of the eyecare market in the US is dominated by several big chain optical retailers where the top 50 contribute ~% of the revenue to the retail segment. The optical retail group Luxottica is the market leader with a share of ~% in the retail market in the country, operating nearly 2,822 stores all over the US.

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