Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Eye Care in the US

US eye care market: $800 million industry in 2012


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-02-24 09:43:01 - Eye Care in the US - a new market research report on companiesandmarkets.com

The US eye care market is overwhelmingly Novartiss strongest OTC category in terms of GBO share, with the company claiming 30% share of 2012 sales versus just 5% of OTC sales in general. Novartiss US eye care subsidiary Alcon Laboratories alone has 21% value share. Novartis globally owns several eye care brands, including category leader Systane, which increased its value share to 16% in 2012. The company thus has strong category knowledge and also emphasised eye care as one of the few categories unaffected by its manufacturing-related recall and supply issues in 2012.

The unusually intense spring and autumn allergy seasons increased 2012 allergy eye care sales at a rate more than triple that of standard eye care. Standard products continued

 

 

to sell well, with 4% current value growth. Standard eye care sales are more impacted by demographic drivers.

Seasonal allergies will continue to be a major health issue over the forecast period. The gradual warming of temperatures fosters longer and more severe allergy seasons, prompting consumers to look to both standard antihistamines and allergy remedies and topical eye care to alleviate their symptoms. Indeed, allergy eye care is expected to increase by a 5% constant value CAGR over the forecast period. Likewise, the growing elderly population will drive standard eye care growth with a 2% constant value CAGR.

Key Headlines

- Current value sales of eye care grow by 5% to reach US$803 million in 2012
- Climate factors boost the need for allergy treatments
- Allergy eye care posts 9% current value growth in 2012
- Alcon Laboratories maintains its leadership with 21% current value share in 2012
- Greater incidence of allergies and the growing ageing population drive a 3% constant value CAGR for eye care over the forecast period

Click for report details: www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..

Browse all Consumer Goods Market Research Reports www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..

Browse all Consumer Goods Company Profile Reports www.companiesandmarkets.com/Market/Consumer-Goods/Company-Profil ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com