8/11/2023 0 Comments 10 best stocks to buy now![]() ![]() ![]() The companies that had the highest share price upside were selected, and out of these ten firms are chosen.Ĭlick to see the top eyecare stocks with upside potential… Then, we researched to determine if their consensus share price target estimates are higher than the current share price. We took a broad look at the healthcare sector to narrow down those firms that also offer eyecare products. Studies show that adults are now spending more than seven hours a day on screens, resulting in eye ceiling strain and discomfort. Segmenting the region geographically, Reports and Data adds that North America was the world’s largest eyecare products market, with a wider prevalence of eye diseases in China driving growth in Asia. The popularity of intraocular lenses is due to the simple fact that they allow people with vision impairments to avoid wearing glasses after their surgeries, and since they can treat a range of eye diseases such as astigmatism, farsightedness, and nearsightedness. ![]() It shares that the intraocular lens product segment constituted the largest part of the market in 2019, and it will continue to do so by the end of 2030, as it will account for 45.2% of the overall market. The research firm believes that one of the primary drivers of growth in this market is the growth in screen time for both younger and older adults, especially since computer screens and other products are regularly used for a wide variety of uses including entertainment and work. From this, the firm expects the market to grow at a 3.8% CAGR to 2030, and be worth an estimated $42.5 billion by the end of the forecast period. One of the largest of these is the broader eyecare market which was worth $6.6 billion in 2021 according to a research report from Reports and Data. The eye health market itself is of several different kinds. ![]()
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