VISION IMPAIRMENT MARKET ANALYSIS

Regional Analysis

Global Vision Impairment Market- Regional Analysis

Among all regions, North America is expected to dominate the market over the forecast period. This is attributed as North America hold 37.8% market share and increasing government initiatives to promote assistive technology and provide assistive technology devices to disabled people is anticipated to drive the vision impairment market growth in this region. Government bodies are focusing on investing in NGOs that are developing assistive technology for visually impaired people. For instance, in July 2021, the governments of the U.S., the U.K., and others adopted a new resolution at the United Nations General Assembly to put greater efforts to make eye care services an integral part of universal health coverage.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa

Moreover, increasing collaboration between the market players is expected to drive growth in North America and Europe Region. For instance, in October 2022, Haleon, a global consumer health company, and Microsoft Corp, a technology corporation, announced a new collaboration to make everyday health more accessible for people who are blind and have low vision or have difficulty reading product labels due to low literacy. Under this collaboration, the companies will expand functionality in Microsoft Seeing AI app to provide consumers with more detailed labeling information for over 1,500 Haleon products across the U.S. and the U.K.