EYEWEAR MARKET ANALYSIS

Market News

Recent Developments:

New Product launches:

• Bausch + Lomb is a global eye health company that provides a range of products and services to help people see well. Bausch + Lomb's product portfolio includes contact lenses, lens care products, pharmaceuticals, surgical instruments, and ophthalmic surgical devices. In October 2023, Bausch + Lomb announced the U.S. launch of SeeNa, an ophthalmic diagnostic system for refractive cataract patients that is fully integrated with Bausch & Lomb’s Intelligence surgical planning software to streamline surgical planning and information flow.
• In October 2023, Alcon announced the launch of TOTAL30 Multifocal, the monthly Water Gradient multifocal contact lens. The lenses have begun to roll out in the U.S., and in select international markets. Alcon is a leader in eye care, operating in the ophthalmic surgical and vision care markets. Alcon's portfolio includes products for cataract and vitreoretinal surgery, such as advanced technology intraocular lenses (ATIOLs) and surgical solutions.

Mergers and Acquisition:

• Carl Zeiss Meditec AG, is a leading medical technology company, the company's product portfolio covers a wide range of medical solutions, including visualizing minimally invasive surgical procedures for various medical fields such as ENT (Ear Nose Throat), spine, pathology, oncology, and dentistry.
• In December 2023, Carl Zeiss Meditec AG acquired the Dutch Ophthalmic Research Center (International) B.V. (D.O.R.C.). The acquisition will enhance and complement ZEISS Medical Technology’s broad ophthalmic portfolio and range of digitally connected workflow solutions for addressing a wide variety of eye conditions, including retinal disorders, cataracts, glaucoma, and refractive errors.