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Industry Landscape
The eye care industry is experiencing steady growth, driven by an aging population, increasing screen time leading to digital eye strain, and advancements in medical technology. Demand for elective procedures like LASIK and cosmetic eye enhancements is also rising. The market is competitive with both large academic centers and specialized clinics. Telemedicine is an emerging trend offering new avenues for service delivery and accessibility.
Total Assets Under Management (AUM)
Market Size in United States
~Approximately $43.4 billion (2023)
(5.6% CAGR)
- Aging population increasing demand for cataract and glaucoma treatments.
- Rising prevalence of eye conditions due to lifestyle factors.
- Technological advancements in diagnostic and treatment methods.
Total Addressable Market
43.4 billion USD