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The eyewear market size is forecast to increase by USD 76 billion, at a CAGR of 7.9% between 2022 and 2027. The growth of the market depends on several factors, the increasing prevalence of vision disorders, rising demand from emerging economies, and product innovation and differentiation through functional features. Vision disorders are becoming more prevalent due to factors such as changing eating habits and prolonged use of electronic devices at work and home, leading to myopia or hypermetropia. Myopia or hypermetropia affects approximately three-fourths of people in APAC and one-third each in Europe and the US. Cataracts are also a leading cause of vision disorders globally, with around 5,000 cataract operations performed per million people every year. Age-related macular degeneration (AMD), diabetic retinopathy, glaucoma, and cataracts are some of the eye diseases that people become more susceptible to as they age.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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